Crypto ‘Sextortionists’ Turn to Litecoin to Avoid Detection: Report

Litecoin and other alts are becoming increasaingly prevalent among crypto “sextortionists” since they allow to avoid detection more easily, a new research says. Litecoin (LTC) and other alts are becoming increasingly prevalent among crypto “sextortionists” since they allow to avoid detection more easily, a new research says. According to cybersecurity firm Cofense’s new report published […]

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Bitcoin Will End the Reign of ‘Dictators and Toll Trolls,’ Says Tim Draper

Combined with other technologies, Bitcoin will change how governments operate worldwide, according to billionaire investor Tim Draper. Billionaire investor Tim Draper has stated that he expects Bitcoin (BTC) — combined with other technologies — to change how governments operate worldwide. In a Medium post published on Oct. 10, Draper calls Bitcoin “the startup currency” and […]

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Ethereum Is No Longer a Monopoly Platform for Stablecoins

Ethereum-based stablecoins are declining as teams increasingly use other blockchains to facilitate price-stable currencies. Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There […]

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Malaysian Finance Ministry: Cryptocurrency Adoption Remains Low

Malaysia’s finance ministry says domestic and global adoption rates of cryptocurrencies are low, notwithstanding the significant attention the disruptive sector has garnered. Malaysia’s finance ministry says both domestic and global adoption rates of cryptocurrencies are low, notwithstanding the significant attention the disruptive sector has garnered. In its Economic Outlook 2020 report released today, the ministry […]

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EU Finance Commissioner to Propose Unified Crypto Legislation

The European Union’s finance commissioner Valdis Dombrovskis pledges to propose new rules to regulate digital currencies such as Facebook’s Libra. The European Union’s finance commissioner Valdis Dombrovskis has pledged to propose new rules to regulate cryptocurrencies such as Facebook’s Libra. As Reuters reports, speaking before EU lawmakers on Oct. 8, Dombrovskis stated: “Europe needs a […]

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