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How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto

The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »

2020-8-8 06:00


US Travel Firm Pays 414 Bitcoin worth $4.5 million to Hackers

US travel management company CWT paid 414 Bitcoin, worth $4.5 million, to hackers who stole sensitive corporate files and reportedly knocked 30,000 computers offline. Crypto exchange Binance CEO said, “Again, not bitcoin's fault, but as we inevitably evolve into a more digital civilization, all businesses new and old will need to revamp their security practices.” […] дальше »

2020-8-2 01:30


Cellebrite Launches Crypto Tracer Solution Powered by CipherTrace for Tracking Illicit Activities Involving Cryptocurrency and Blockchain

Cellebrite, a digital intelligence firm has released a cryptocurrency transaction tracing tool called “Cellebrite Crypto Tracer,” which would help law enforcement agencies, businesses, and analysts to trace crypto transactions being used for any illicit activity such as money laundering, terrorism, drugs, human trafficking, weapon sales, and ransomware schemes. The firm has promised to offer its […] дальше »

2020-7-30 23:46


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Poland’s Financial Watchdog Mulls Crypto Regulation 

Polish Financial Supervision Authority (KNF), is now pondering on whether to regulate bitcoin (BTC) and other cryptocurrencies in the nation. The regulator is looking to formulae a uniform crypto regulatory framework that will govern crypto-linked businesses and is now seeking feedback from financial institutions and other stakeholders in ts cryptospace, according to reports on JulyRead MoreRead More. дальше »

2020-7-25 01:00


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eToro: Stablecoin Adoption Upsurge Driven by Remittances and Fiat Inflation

While media coverage focuses on Bitcoin, stablecoins are halving a field day in Q2 as the primary go-to option for remittances and hedging against fiat money inflation. A new report by the crypto trading platform, eToro in partnership with The Tie stated that stablecoins have become a safe haven for both businesses and individuals for two […] дальше »

2020-7-24 16:44


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Thailand: Central Bank Deploys CBDC to Large Corporations

Thailand’s central bank is continuing developments on the central bank digital currency (CBDC) project as the apex bank will test its CBDC for transactions among large businesses. Thailand’s CBDC Reaches Third-Stage Development According to a report by the Nation Thailand on Thursday (July 16, 2020), the Bank of Thailand (BOT) CBDC project is already atRead MoreRead More. дальше »

2020-7-17 20:07


Twitter Hacker Managed to Scam Only 12 Bitcoin After Duping Major Accounts Using ‘Internal Tools’

A security incident on Twitter duped businesses and people into sending at least $120,000 worth of Bitcoin to an anonymous online wallet, half of which has already been spirited to other accounts. Given that some of the Twitter accounts targeted were using two-factor authentication (2FA) and strong passwords, the hack may be internal to twitter. […] дальше »

2020-7-16 15:35


Financial Conduct Authority (FCA) Calls For Crypto Businesses to Be Registered by June 30th

The U.K. Financial Watchdog, FCA, has reminded crypto-oriented businesses to register with them by June 30, 2020, so that the applications can be processed within the next six months. According to the FCA, entities that haven't registered by then, will not be legally recognized come the Jan 2021 deadline. The FCA does not register “any […] дальше »

2020-6-23 18:52


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Tightening Regulations Chipping Away at Crypto ‘Wild West’

U. K Financial regulators continue to pressure crypto businesses about their obligations. British authorities have even threatened forced closures for defaulters. Across the globe, financial watchdogs have brought down the hammer on the crypto market with a particular focus on anti-money laundering (AML) and combating the financing of terrorism (CFT). дальше »

2020-6-24 17:07