Cryptocurrency mining is an energy-intensive endeavor that mining firms would do everything possible to lower the electricity bill. But some Bitcoin farm owners go overboard by resorting to illegally siphoning electrical...
A hacker from Australia was sentenced to a maximum of 2 years and 3 months in prison for stealing cryptocurrency two years ago. The hacker, a 25-year-old woman from Sydney, reportedly stole $300 thousand worth of the XRP...
The increasing number of cryptocurrency ATMs worldwide is proof of the increasing adoption of digital coins. Unfortunately, not every machine out there is authorized as in the case in Germany, where the countrys financial...
Mainly known as the technology behind cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), blockchain is making its way to other areas such as banking, healthcare, fashion, voting, and even the justice system. The U.S....
A teenager, who is allegedly behind the July 15 Twitter hack, is now facing several counts of fraud in connection with the incident. Reports also revealed that the young suspect actually owned millions of dollars worth of...
Chinese authorities have recently arrested more than a hundred people with suspected links to the PlusToken cryptocurrency Ponzi scheme. Considered one of the largest scams in the cryptocurrency industry, authorities...
The days of regulatory uncertainty for Russias cryptocurrency industry will soon be over. Russian President Vladimir Putin just signed into law that will legalize digital currencies in the country, properly define them,...
After Chinas upcoming digital yuan, various central banks from different parts of the globe have also expressed interest to issue their own cryptocurrency. The Bangko Sentral Ng Pilipinas (BSP), the Philippines central...
Blockchain firm Meconcash has entered into a partnership with CipherTrace, one of the leading cryptocurrency intelligence companies in the world. With the partnership in place, Mecon is on its way to becoming the first...
There have been talks circulating within the cryptocurrency industry in South Korea lately saying that the government is on the verge of announcing a crypto tax. After weeks of waiting, it finally happened; the tax rate...
The relationship between cryptocurrency and traditional banks isnt exactly a smooth one, which is understandable considering that digital assets such as Bitcoin (BTC) and Ethereum (ETH) were once feared for their potential...
The U.K. government is looking for ways to protect the interest of cryptocurrency investors. One of the proposals being put forth is to increase oversight on digital asset promotions by placing them under the jurisdiction...
Cryptocurrency exchange Coinsquare has been accused by the Ontario Securities Commission (OSC) of misleading its clients about its trading volumes. The OSC alleged that the Canada-based crypto trading platform engaged in...
After years of discussions, South Korean might soon be taxing profits from cryptocurrencies. While the details have not yet been officially revealed, there are talks that the government might opt to impose a 20 percent tax...
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...