A gang of Call of Duty players is suspected of masterminding a plan to steal more than $3 million in cryptocurrency. Citing unsealed court documents, the Chicago Sun-Times reports that the group — which includes a Dolton, IL man and a man from Bloomington, IL — is alleged to have hacked into cryptocurrency wallets after gaining access to the […]

Mastercard has gone all the way through the stages of the resistance proverb — “first they ignore you, then they laugh at you, then they fight you, then you win.” Cryptocurrencies & Mastercard: A Turbulent History Like most financial companies, Mastercard never expected the blockchain, and by the time they took note of it, they were unprepared […]

By Burt Dixon Security token offerings help you to avoid the potential fraud of an ICO, and let you utilize a crowdfunding platform to raise cryptocurrency. There’s nothing worse than running out of capital when you’re trying to get your business off the ground. If you’re an entrepreneur who’s tapped all your relatives for money, and […]

Until recently, Germany’s Federal Financial Supervisory Authority (BaFin) classified bitcoin as a financial instrument, but a subsequent court ruling disclaimed this categorization and decided that the cryptocurrency does not meet this definition under the terms of the German Banking Act (KWG). Bitcoin Unrecognizable to German Legal Framework The Berlin Court of Appeal in September dismissed a criminal […]

Investing in Initial Coin Offerings (ICOs) in Taiwan could soon be as easy as putting money in stocks. This is according to the chairman of Taiwan’s Financial Supervisory Commission (FSC), Wellington Koo, who has said that regulations for governing ICOs are currently being drafted with a view of simplifying the process for investors as well as making tokens just […]

Crypto is dead. Last year we saw a frenzied market soar to insane new heights before crashing off a cliff. ICOs that once raised $20 million in the blink of an eye now struggle to raise $1 million. Projects started failing left and right, their Github’s turning to ghost towns. Regulators are cracking down. They’re […]

Japanese financial services giant SBI Group has partnered with a blockchain security startup to develop a digital wallet for its recently launched cryptorrency exchange. The Denmark-based startup, Sepior, announced in a press release Monday that SBI has licensed its proprietary “threshold signature” wallet technology for integration with its VCTRADE exchange to secure “on-line contents and transactions.” VCTRADE was launched in […]

A group that advises the European Securities and Markets Authority (ESMA) –  the EU’s securities watchdog – has recommended regulating most cryptocurrencies and ICO tokens under existing financial rules, but said more clarification is needed. In a report dated Oct. 19, the Securities and Markets Stakeholders Group (SMSG) said that, since transferable crypto assets used in payments (such as […]

Millennial-focused money management startup Emma Technologies is expanding into crypto. The startup is behind the Emma app for iOS and Android, which is an artificial intelligence-fueled tool that until now has only supported financial institutions like HSBC, Bank of Scotland, Barclays and others, helping users to avoid overdraft fees, manage debt and save money. Now […]

Increasing tensions in China-US trade relations may portend tougher times ahead for Chinese bitcoin mining hardware maker Bitmain, with shipments to one of its major overseas markets facing new tariffs since August 23. The South China Morning Post reports that Bitmain is seen by analysts as the cryptocurrency mining hardware firm with the most potential exposure to […]