Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis

As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country.  Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a […]

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Google Searches For ‘Bitcoin Halving’ Skyrocket to Unprecedented Numbers

Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers. Google searches for “Bitcoin halving” have hit an all-time high, far exceeding the spike associated with the previous halving event by 350%. Searches for the Bitcoin (BTC) halving event have reached 100 on Google’s normalized scale, indicating their highest-ever value. At the […]

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22 More Crypto-Stealing Google Chrome Extensions Discovered

A security researcher discovered another 22 Google Chrome web browser extensions that tried to steal users’ cryptocurrencies. A security researcher has discovered another 22 Google Chrome web browser extensions built to steal their user’s cryptocurrencies. Cybersecurity news outlet, Naked Security, reported on May 8 that Harry Denley, a security researcher specializing in cryptocurrencies, discovered 22 […]

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Global Fintech Firm Launches Security Tokenization Platform

Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem. Global Stock Exchange Group, a Gibraltar-based fintech firm that deploys blockchain solutions to drive interoperability between the cryptocurrency and traditional markets, launched its Grid tokenized securities platform in Estonia on May 7. The Grid facilitates the tokenization […]

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Algorand Partnership Offers Integrated Accounting to Token Holders

Verady will integrate ALGO onto its crypto taxation platform Ledgible. Crypto tax provider Verady has announced a partnership with Algorand (ALGO) to offer integrated accounting to ALGO holders. Verady also revealed that its technology is being used by Algorand and Blockchain.com for their internal accounting and auditing. Verady integrates ALGO into tax platform Speaking to Cointelegraph, Verady’s […]

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Belgium Losing $3.2M to Crypto Fraud in 2019 Is ‘Tip of the Iceberg’

Belgium’s economic inspectorate reported $3.2 million in losses due to cryptocurrency fraud in 2019. Global losses from cryptocurrency fraud and theft surged massively in 2019, doubling from 2018. Despite multiple efforts to tackle fraudulent crypto schemes, countries like Belgium continued to suffer losses to crypto fraudsters. According to a May 8 report by Belgian newspaper […]

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