Not all banks appear to be complying with the Supreme Court’s ruling in favor of providing services to crypto-related firms. Earlier this month, India’s Supreme Court delivered its verdict in a landmark case that promised to usher in a bullish era for cryptocurrency in the country. The Court ruled to overturn a circular from the […]
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An industry researcher initially gives credence to the idea that BitMEX was negligent in the face of crashing Bitcoin, but then U-turned on the idea. Trading giant BitMEX is at the center of attention after unexpected downtime sparked rumors of foul play as Bitcoin (BTC) fell as low as $3,700. According to a tweet from […]
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This week, the UK’s central bank issued a discussion paper on how digital currencies could be introduced and used in the country. The Bank of England (BoE) is seriously weighing the pros and cons of issuing a central bank digital currency (CBDC) denominated in pounds sterling. Britain’s central bank recognized that a digital pound could […]
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The crypto market collapse has triggered system-wide MakerDAO loan failures, sparking an upcoming community vote and the project’s first-ever Debt Auction. MakerDAO, a leading firm in the burgeoning sector of decentralized finance (DeFI) built on the Ethereum (ETH) network, has hastily called for a community vote on March 13 ahead of the project’s first-ever Debt […]
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Two Chinese nationals acting for North Korean used ‘peel chains’ and doctored KYC photos to help launder more than $100 million in stolen cryptocurrency. Blockchain forensics firm CipherTrace has published a detailed analysis of how two Chinese nationals. associated with North Korea. laundered tens of millions of dollars worth of stolen cryptocurrency. The pair are […]
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With the markets in freefall due to a ‘black swan’ event, veteran trader Peter Brandt believes that the price of Bitcoin could fall a further 80%. Bitcoin dipped below $4000 today, for the first time since the depths of crypto winter — and one veteran market analyst believes it could have even further to fall. […]
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Bitcoin price dropped to a new low at $3,637, only to quickly reverse course by rallying to $5,260. Within the last hour Bitcoin price dropped below $4,000 after abruptly plummeting 11.24% to a new yearly low at $3,782. The sharp downside move seems short lived as the price quickly rebounded to $5,260. BTC USDT 1-hour […]
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The South African Presidency is touting blockchain technology to reduce unemployment and drive GDP growth in the country. The South African Presidential Commision on the Fourth Industrial Revolution believes that blockchain technology and Artificial Intelligence could help reduce unemployment in the country. Commissioner Mpho Dagada told the Blockchain Africa Conference in Johannesburg this week that […]
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MyEtherWallet has released a mobile app that allows users to buy crypto in 15 seconds flat — but there’s a catch. MyEtherWallet has released a mobile app called MEWconnect that allows users to buy crypto in under 15 seconds — but there’s a catch. Users need to have Apple Pay and face fees of 3.99% […]
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Blockchain analysis helped investigators bring down a child porn and rape video site on the darknet that took in $1.6 million of cryptocurrency. Warning: This story contains sensitive content that some readers may find disturbing. A Dutch national known as ‘Mr Dark’ — who allegedy made $1.6 million in cryptocurrency from hosting violent rape and […]
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