Category: Cryptocoin

  • Crypto Visa card company Monaco just spent millions to buy Crypto.com

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    By Laura Desmond Highly-prized domain name Crypto.com has been sold! Registered in 1993 by Matt Blaze, a professor of computer and information science at the University of Pennsylvania who sits on the board of directors of the Tor Project, the domain has attracted a vast amount of interest as you’d expect given the explosion of crypto in recent years. However, Blaze […]

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  • Main Swiss Stock Exchange to Launch Distributed Ledger-Based ‘Digital Asset’ Exchange

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    Switzerland’s principal stock exchange SIX announced today, July 6, that it will open a “fully-regulated” cryptocurrency exchange next year. In an official press release, SIX confirmed it would use so-called distributed ledger technology (DLT) –– of which blockchain is one type –– to build what they are dubbing a “digital asset ecosystem,” Six Digital Exchange (SDX) to “put banks at the […]

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  • Ripple, Ripple CEO Served Third Securities Fraud Lawsuit

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    Three and counting: Ripple, the cryptocurrency startup behind the XRP tokens, has reportedly been hit with a third lawsuit alleging securities fraud. “A private XRP investor alleges that Ripple Labs Inc. and its CEO Bradley Garlinghouse have conflated their token with its proprietary Ripple technology and even illegally profited from price increases the whole time,” a summary of […]

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  • Five Nations Launch Tax Enforcement Alliance to Tackle Crypto, Cybercrime ‘Threat’

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    The US Internal Revenue Service (IRS) has launched an international taskforce together with tax enforcement authorities from four other countries to take on cryptocurrency-enabled crimes, according to a press release published Monday, July 2. The new coalition, dubbed ‘The Joint Chiefs of Global Tax Enforcement,’ or ‘J5,’ comprises tax enforcement agencies from five countries in total –– Australia, Canada, […]

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  • Coinbase’s New Custody Service Is Now Live

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    Coinbase’s institutional product has begun accepting deposits, the exchange announced Monday. The exchange’s new Coinbase Custody sevice, aimed at institutional hedge funds and other clients who can deposit a minimum of $10 million, accepted its first deposit last week, the company announced on Twitter. In addition, the new service is now live for all customers. Further, […]

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  • Kaspersky Labs: Cryptojacking Now ‘Wears The Threat Crown,’ Overtaking Ransomware

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    A new cybersecurity report from Kaspersky Labs notes a significant decline in the amount of ransomware targeting Internet users as compared to the growing increase of cryptojacking, in a report published June 27. The Kaspersky Labs report seeks to answer the question: “But if ransomware no longer wears the threat crown, what is the new king?” According to Kaspersky […]

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  • FBI Agent Estimates 130 Crypto Investigations Underway

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    The U.S. Federal Bureau of Investigation (FBI) is currently running 130 different cryptocurrency-related investigations, Bloomberg reported Wednesday. FBI Supervisory Special Agent Kyle Armstrong told the Crypto Evolved conference in New York that the agency is investigating a variety of crimes, including human trafficking, drug transactions, kidnapping and ransomware, which have a cryptocurrency component, according to Bloomberg. […]

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  • Apple’s Steve Wozniak Calls Blockchain a ‘Bubble,’ Thinks Bitcoin Is Still ‘Just Amazing’

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    Apple co-founder Steve Wozniak believes that blockchain is a bubble similar to that of the dotcom era, but that it could have potential in the future, CNBC reported yesterday, June 26. During the NEX technology conference in New York, Wozniak said that the dotcom era created a similar kind of hype around companies that did not end up delivering on their promises: […]

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  • What World Leaders Think About Crypto, and How They Want Decentralization to Bolster Centralized Power

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    Given the apparent sensitivity of cryptocurrency markets to regulatory and political developments, it stands to reason that the world’s leaders —  and what they think about crypto — will be vitally important in determining the direction the cryptocurrency market will travel in the future. Many leaders have been willing to sit back over the past few months […]

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  • Binance Crypto Exchange Issues Risk Warning, Keeps Trading, Withdrawals Suspended

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    Crypto exchange Binance is keeping trading and withdrawals suspended due to a risk warning, even after completion of their extended four hour scheduled upgrade today, June 26, according to a support notice from Binance. Binance had posted earlier about the added time of the upgrade, then added an update that the upgrade was complete and trading would begin at 9:30 am (UTC). However, another updatefollowed, noting […]

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