Never the one to back down from a challenge, cryptocurrency mining company, Bitmain is suing a thief whose identity is unknown. Bitmain submitted the complaint to the U.S. District Court, Western District of Washington at Seattle, against ‘John Doe’ an unidentified thief stole 617 bitcoin from an account it holds at crypto exchange Binance. News portal CoinDesk stated, […]
One of the most noteworthy signs that cryptocurrencies are a part of the global conversations is when global summits start taking it seriously. Japanese media reports opine that at the G20 summit which will be held this year in Japan will put forward international regulations pertaining to cryptocurrencies and anti-money laundering (AML) laws. The summit which is expected […]
On Thursday, the Jaipur police busted an inter-state cryptocurrency racket run by a couple who had duped almost 6,000 people across India under the false pretenses of a cryptocurrency scheme. The couple- Pawan Thakur and his wife Mridula Thakur- were arrested when a complainant gave an application to the deputy commissioner of police (DCP West) Ashok […]
In what will come as pleasant news to the bitcoin community, China has said that it is not illegal to own bitcoin in China. Local news portal, The Beijing News, quoted Sa Xiao, Council Member at Bank of China Law Research Association as saying, “It is legal to own bitcoins in China.” Xiao stated that occasional exchange of […]
Facebook founder, Mark Zuckerberg stated that his company would be going ahead with the launch of its cryptocurrency project, Libra, come what may. According to news portal, Business Recorder, Zuckerberg fielded questions on an earnings call, saying Facebook had publicly released details to invite the kinds of queries and open dialogue currently taking place. This news comes in […]
After months and months of teasing us with delicious Easter eggs, phone company Samsung finally unveiled its four new flagship phones which will have a secure feature for private keys, effectively turning the device into a cryptocurrency hardware wallet for Bitcoin and altcoins. The press release says, “Galaxy S10 is built with defense-grade Samsung Knox, as well as […]
What a turbulent day it was for Cryptocurrencies! Here’s what happened on Binance yesterday: 1. A bunch of user accounts were used to buy a relatively unknown coin called ViaCoin which had a market cap of about $63 Million. These users did not authorise the purchase.2. A massive amount of buy orders in a short […]
Tone Vays, an eminent derivatives trader, analyst, YouTube personality opined recently that the crypto winter may not be over…just yet. Vays, who is a former financial analyst at JP Morgan, told news portal CoinTelegraph that he does not trust the recent rally in the crypto markets, claiming that he has not observed “too much external money coming into […]
Four men from Canada are now wanted for executing a bitcoin fraud at a bitcoin ATM recently. The men are currently on the run, and Calgary police are looking for them. The fraud was estimated to be valued at $200,000 and the investigation has been going on since October 2018. As per a local news portal, officers […]
After a valiant show put up by the counsel for the Internet and Mobile Association of India (IAMAI) and the Indian cryptocurrency exchanges on Tuesday, it is the turn of the counsel of Reserve Bank of India (RBI) to do their bit. In the midst of RBI’s arguments, the judge said, “How you are concerned with […]