Binance will launch a new digital asset trading platform in 2020 in the United Kingdom to serve its increasing institutional clientele. Leading cryptocurrency exchange Binance will be expanding to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors. With this platform, Binance aims to tap the institutional investment market […]
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A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000. Robert Farkas, the founder of a cryptocurrency firm Centra Tech that raised more than $25 million from its initial coin offering scam, pled guilty in a federal court in Manhattan on […]
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ConsenSys has announced that six top crypto firms will receive early access to its ETH 2.0 staking platform. Six high-profile crypto firms will participate in an ETH 2.0 staking pilot project using the ConsenSys Codefi platform. On June 17, ConsenSys tweeted that cryptocurrency exchanges Binance and Crypto.com, digital asset custody providers Trustology, Matrixport, and Huobi […]
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Since its launch in April, Binance Pool has become responsible for 26.39% of all Bitcoin Satoshi Vision blocks mined. A year after removing Bitcoin SV from its exchange in April 2019 and the mining pool operated by leading crypto exchange Binance now produces more blocks than anyone else. According to crypto statistics and services platform […]
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Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade. Major cryptocurrency exchange Kraken has announced support for Aussie dollar (AUD) trading pairs and account funding. Australian dollars will be tradeable against Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tether […]
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Former Bitcoin Core developer Peter Todd has settled a defamation suit against a cryptographer who accused him of being a rapist. Peter Todd, a former Bitcoin Core developer, has settled a defamation lawsuit against cryptographer Isis Lovecruft who accused Todd of being a rapist in a tweet posted in February 2019. The terms of the […]
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Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin that Dr. Wright claims were stolen from the exchange, citing expert support. Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin (BTC) that Dr. Wright lays claim to was stolen from the exchange in March 2011. Cryptocurrency experts side with Karpeles. Bitcoins […]
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A recent U.S. government hearing showed a significant uptick in online crime since COVID-19 took over in 2020. Giving the opening remarks during a U.S. House meeting on illegal digital activities, Representative and subcommittee chair Emanuel Cleaver (D-MO) noted a major jump for online crime in 2020. “We are seeing a 75% spike in daily […]
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Civil lawsuits against telecom providers such as AT&T are becoming commonplace as the number of SIM swap hacking scandals rises. On June 11, it came to light that California resident Richard Yuan Li had been charged with conspiracy to commit wire fraud for his role in a number of SIM swap attacks that targeted at […]
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The abnormal transaction fees from last week may not be blackmail after all, according to Alex Manuskin, a blockchain researcher at wallet company ZenGo. Last week, the crypto community spotted transaction fees of up to $2.6 million featured in several transactions on the Ether (ETH) network. Vitalik Buterin has since suggested that the abnormous fees […]
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