Bitcoin sees heavy losses on all short-term timeframes as a giant sell-off captivates markets on Thursday. Bitcoin (BTC) made further dramatic losses on March 12, falling below $6,000 for the first time since May 2019. Cryptocurrency market daily overview. Source: Coin360 Data from Coin360 and Cointelegraph Markets summarized the grim day for Bitcoin traders as […]
Continue Reading
The Australian tax authorities explain the approach behind their campaign to contact up to 350,000 crypto investors with reminder letters. This week, the Australian authorities launched a major campaign to prompt as many as 350,000 crypto investors to comply with their tax obligations. In an interview with Cointelegraph on March 12, a spokesperson for the […]
Continue Reading
Bitcoin stock traders panic as the U.S. president suspends flights to Europe, hinting at wide-ranging disruption continuing over coronavirus. Bitcoin (BTC) fell to around its lowest levels this year on March 12 as another wave of coronavirus panic gripped both cryptocurrency and traditional markets. Cryptocurrency market daily overview. Source: Coin360 BTC price sheds another 7% […]
Continue Reading
The alleged mastermind behind anonymous Russian black market Deer.io has been arrested by the FBI at John F. Kennedy Airport in New York. Kirill Victorovich Firsov, the alleged owner of Russian-based anonymous marketplace Deer.io, was arrested on March 7 by Federal Bureau of Investigation (FBI) officials at John F. Kennedy Airport in New York. Court […]
Continue Reading
Reacting to the growing epidemic, CME will suspend trading in Chicago from Friday. Other crypto- related firms are taking precautions too. With the coronavirus outbreak officially reaching epidemic proportions, crypto-related companies and organizations are having to change the way they do business. According to a CNBC report on Wednesday, Chicago Mercantile Exchange (CME) Group — […]
Continue Reading
A Washington state man has been charged with money laundering after selling Bitcoin to undercover agents posing as human traffickers. A Washington state resident has been charged with money laundering after selling Bitcoin for $140,000 in cash to undercover agents. Bothell’s Kenneth Warren Rhule, 26, met with agents from Homeland Security Investigations on numerous occasions […]
Continue Reading
A new report from OXT Research shows the alleged PlusToken scam dumped BTC on regulated exchanges with KYC. A new report on the PlusToken Ponzi scheme shows regulated exchanges are being used to dump coins, despite stringent Know Your Customer (KYC) identify verification rules. Investigative company OXT Research has released a second edition of their […]
Continue Reading
Several encryption key management standards and their development will be the next step in digital currency’s mass adoption. As the price of Bitcoin (BTC) crept up in recent months, it appears public interest in digital assets is once again on the rise. Newcomers to the sector these days have it far easier than those who […]
Continue Reading
The World Health Organization has declared coronavirus a pandemic, but the crypto space may be a haven during the storm. The World Health Organization, or WHO, just officially classified coronavirus as a pandemic. At present, it is unclear whether Blockchain markets will be negatively impacted by this news, or provide safety from the storm. Officially […]
Continue Reading
Russia’s relationship with blockchain and cryptocurrency wasn’t clear, but the country is making steps toward digital economic development. The volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first time in four years, a new report […]
Continue Reading