Winnipeg Bitcoin ATMs targeted with “out of order” signs. Fraudsters in Winnipeg, Canada, have targeted Bitcoin ATM users in the city by simply sticking a poster on the machine. Police issued a warning on Aug. 29 that following the instructions on the poster will lead to an irretrievable loss of their Bitcoin. Low-tech hack attack […]
Continue Reading
A failed attempt to increase licensing obligations for Bitcoin ATMs earlier this year has returned to the spotlight. Bitcoin (BTC) and cryptocurrency ATMs need a licensing scheme, authorities in the state of Nevada have officially announced. Bitcoin ATM operators must contact authorities In a statement first reported on by local news media outlet Nevada Current […]
Continue Reading
What will be the implications of further crypto wallet blocking and what will be the OFAC’s next moves? More and more cryptocurrency addresses have been added to the United States Department of the Treasury’s list of Specially Designated Nationals, which are marked as being possibly associated with the global drug trade. According to the Kingpin […]
Continue Reading
The platform will reduce leverage from 5x to 4x in its latest overhaul, which is scheduled for the end of October. Japanese cryptocurrency exchange Coincheck has announced it is reducing the scope of its leveraged trading options to comply with local rules. In a blog post on Aug. 30, officials said they were reducing the […]
Continue Reading
Financial analysts say a growing number of retail investors are betting on Bitcoin as a hedge against macroeconomic turbulence and U.S.-China trade war. Financial analysts say a growing number of retail investors are betting on Bitcoin (BTC) as a hedge against macroeconomic turbulence during the protracted United States-China trade war. The London Economic reported the […]
Continue Reading
Cryptocurrency project Decred announces the addition of various privacy-focused features to its DCR coin. On Aug. 28, cryptocurrency project Decred announced that it is adding a few new privacy-focused features to its cryptocurrency DCR. According to Decred’s official blog, the goal of these new features is to be “simple, adaptable, and creative.” The post explains: […]
Continue Reading
$9,100 is the last line in the sand for Bitcoin price after a rough week and with future movements uncertain. Well, Bitcoin (BTC) decided to take the bearish path, or maybe larger players that shape the market made the choice for it. The ascension from the narrowing pennant proved to be a fakeout and a […]
Continue Reading
Bitcoin price is hovering around $9,500, having seemingly stabilized around the price it fell to yesterday, while the rest of the crypto market is largely red. Thursday, Aug. 29 — Top cryptocurrencies Bitcoin (BTC) and Ether (ETH) are still in the red, though XRP has managed to see minor gains on the day. Market visualization. […]
Continue Reading
A United Nations official warned that cryptocurrencies have made combating money laundering significantly harder. Neil Wals, chief of the United Nations Office on Drugs and Crime Global Cybercrime Program, warned that cryptocurrencies have made combating money laundering significantly harder. Australian news outlet ABC reported on Aug. 29 that Wals said cryptocurrencies make fighting cybercrime, money […]
Continue Reading
The Portuguese Tax and Customs Authority clarified that there is no income tax on Bitcoin and cryptocurrency in the country. Portugal’s Tax Authority has clarified that both cryptocurrency trading and payments in crypto will not be taxed in the country, Cointelegraph Spain reported on Aug. 27. According to a report published on Aug. 26 by […]
Continue Reading