SEC Files Subpoena Enforcement Against Alleged ‘Pump-and-Dump’ ICO Scheme

The U.S. SEC has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million ICO. The U.S. securities agency has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million Initial Coin Offering (ICO), according to an […]

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China Should Consider Launching its Own Stablecoin, Central Bank Expert Says in Op-Ed

An expert from the People’s Bank of China thinks the country has to study USD-backed cryptocurrencies and to launch its own yuan-backed stablecoin. The Chinese government should consider launching its own yuan-backed stablecoin despite the current ban on cryptocurrencies, an op-ed in Chinese financial journal CN Finance reports Tuesday, Oct. 9. An expert from the […]

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Hacked Japanese Crypto Exchange Zaif Releases Financial Support Plan for Customer Assets

Hacked Japanese crypto exchange Zaif has announced its business plan with Fisco to provide financial support for affected customers’ assets. Hacked Japanese cryptocurrency exchange Zaif has announced an official plan to provide financial support for affected customers’ assets, in an official notice posted today, October 10. As previously reported, the exchange suffered a security breach […]

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Brazil Tops List of Cryptojacking Coinhive Victims, Warns Iranian Cybersecurity Authority

Iranian cyber researchers have delivered statistics about Coinhive malware infections worldwide, with Iran ranking fourth place. The highest number of recorded incidents of Coinhive cryptojacking software have taken place in Brazil, Iran’s country’s cybersecurity authority revealed in a report Monday, October 8. According to the Iranian authority’s report on malware in 2017, Brazil, the country […]

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Singapore: Regulator Plans to Smooth Over Banking Ties With Crypto Businesses

Ravi Menon has said he “would not blame” banks for not serving crypto clients, but an “understanding” could be reached. The head of Singapore’s financial regulator and de facto central bank said he wants to “bring together” banks and crypto businesses after complaints about banking support, Bloomberg reports Wednesday, Oct. 10. Speaking in an interview, […]

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