Blockchain & Cryptocurrency News

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Wed, 15 Jul 2020, 06:46 PM
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South Korea might soon impose a 20% cryptocurrency tax

FBI says Nigerian scammer converted stolen funds into Bitcoin via the Gemini crypto exchange

The FBI has filed charges against a Nigerian scammer who defrauded American companies tens of millions of dollars in a BEC scheme. The suspect, who has been extradited from Dubai to the United States along with one...

After BTC, ETH, and XRP, Cardano (ADA) users now being targeted by YouTube scammers

Scammers have used BTC, ETH, XRP, and other cryptocurrencies to lure their victims in past YouTube giveaway scams. It now appears that these cybercriminals are now specifically targeting Cardano (ADA) users as...

336 BTC stolen from cryptocurrency exchange Cashaa in suspected malware attack

Hackers were able to steal more than 336 BTC from a U.K.-based cryptocurrency exchange. While investigations are still ongoing, it is believed that malware might have been used to breach the companys system. Cashaa, a...

Tether freezes 40 addresses containing millions in USDT

Stablecoin issuer Tether Limited has blacklisted 40 Ethereum addresses that contain millions of dollars worth of the cryptocurrency tether (USDT). Just like USDC issuer Centres move to blacklist an address last week,...

Chinese authorities uncover a cryptocurrency scam involving fake Huobi tokens

A group of cryptocurrency scammers has been taken down by Chinese authorities in the city of Wenzhou. The police seized millions in cryptocurrencies, villas, and luxury cars from the group. Chinese authorizes seized...

BTC bull Mike Novogratz says cryptocurrency investors should own more gold than Bitcoin

Cryptocurrency investor Michael Novogratz is a known Bitcoin bull. In fact, he predicted a few months back that BTCs price will reach $20,000 by the end of 2020. Despite believing in the Bitcoin prices eventual rise, he...

Business

PayPal’s letter seems to confirm cryptocurrency rumors Wed, 15 Jul 2020, 15:29 pm UTC

There were speculations that PayPal might be planning to enter the cryptocurrency business surfaced last month but the payments giant declined to confirm or deny the issue. However, a recently surfaced document seems to...

LINK outperforms BTC, ETH as token’s price soars over 1000% in 12 months

Fidelity International bets big on cryptocurrency mining, raises stake in Bitcoin miner Hut 8

Cryptocurrency address with $100,000 USDC frozen by Centre Consortium

Technology

How blockchain can help combat corruption in governments Wed, 15 Jul 2020, 05:12 am UTC

Most people know blockchain as the technology behind the worlds most popular cryptocurrencies such as Bitcoin, Ethereum, or Ripple. However, the application of the technology isnt limited to digital assets alone. ...

Singapore’s blockchain-based payments system successfully completes its fifth and final phase

Sophisticated DDoS attack delays AVAX token sale

Hackers could exploit a known Bitcoin Lightning Network vulnerability to loot BTC says study

Investing

Only 23 percent of Bitcoin investors have a documented plan for their crypto assets in case they die Thu, 09 Jul 2020, 12:21 pm UTC

Savvy investors know the importance of estate planning so their hard-earned wealth and assets can be properly transferred and distributed to their loved ones in case of their untimely demise. Surprisingly, the practice of...

Crypto derivatives volume shrinks in June but institutional interest gaining momentum

Bitcoin scam leaks personal data of 250K cryptocurrency investors from 20 countries

OTC cryptocurrency traders under increased scrutiny by Chinese authorities

Insights

The reasons why Bitcoin developers choose to use pseudonyms Wed, 01 Jul 2020, 05:37 am UTC

Theres an ongoing trend within the cryptocurrency space and in the Bitcoin sphere in particular. While there are developers who use their real names, a sizable portion opted to use pseudonyms for a variety of...