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Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam


The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it...

Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested


The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was arrested in Germany. Authorities Shut Down Darkmarket Europol announced Tuesday that darknet...

What's the Best Gaming Chair, Fellow Gamers?


Earlier this year, my neighbors and I all had some weird quarantine-induced scheme where we decided we would all gift each other gaming chairs. The idea was that we’d all be in lockdown working from home, so we might as well upgrade our chairs with some lumbar support. We kept describing this as...

Even The Head Of PlayStation Studios Has His PS5 Upside Down


The PS5 is a strange-looking console. Lots of curves and swoops. It’s easy to accidentally set it up the wrong way, which is exactly what Hermen Hulst, the head of PlayStation Studios, seems to have done in a now-deleted tweet. Whoops!Read more

Germany Begins Closing Down All Unlicensed Bitcoin ATMs


Germany’s Federal Financial Supervisory Authority (BaFin), the country’s top financial regulator responsible for regulating crypto service providers, has begun actively closing down unauthorized bitcoin ATMs, a BaFin spokesperson has confirmed to news.Bitcoin.com. All Unauthorized...

Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’


On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week...

Crypto Marketplace Purse.io to Dissolve Operations After 6 Years


On April 17, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The marketplace provided incentives for people who wanted the lowest price points by leveraging cryptocurrency solutions. New signups on Purse have been disabled and the company’s...

2 American Banks Have Failed Since Coronavirus Started Spreading in the US


Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases....

Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare


In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...

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