Chinese banks are clarifying that they are not shutting down any legal crypto accounts. Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling cryptocurrencies. According to a Chinatimes report on June 13, banks in China have clarified that they are not shutting down any legit fiat […]
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Blockchain can play its part in the education sector — record-keeping in 2–3 years and then adoption by the labor market? In the post-pandemic world, individuals will need to seize ownership and control of their educational credentials — documents like degrees and transcripts — from schools, universities and governments. That notion received key support last […]
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Check out this week’s Bad Crypto podcast. Bitcoin has spent the last week bashing away at that $10,000 ceiling without quite managing to break through—even as it gained more than 1.5 percent over the last seven days. Analysts have put the failure to rise into five figures down to three factors: a meeting of the […]
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To become truly decentralized, blockchain projects should remove dependency on the centralized cloud providers used as their data storage. Across Europe, a privacy row has been brewing over various efforts to use coronavirus contact tracing technology. Contact tracing is the cornerstone of the efforts to track the spread of COVID-19 in an attempt to prevent […]
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Different options trading will help to diversify the market, making it flourish on the global financial scene. For those of us involved in the cryptocurrency space, we’ve gotten used to the fast-paced nature of this rapidly growing industry. New technology quickly becomes old, bright shiny projects lose their luster, and what started out as a […]
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Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Editor’s note: These are times strange enough that every conversation seems to include some verbal acknowledgment like “strange times, huh?” A quasi-anarchist police-free leftist separatist bubble has formed and is growing on Seattle’s Capitol Hill — a sentence […]
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As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England. United Kingdom-based blockchain firm L3COS has submitted a proposal to the Bank of England, or BoE, for a blockchain-based operating system to power a central bank-issued digital […]
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The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11. Fifteen people have pleaded guilty to involvement in an international syndicate that used fraudulent online auctions to dupe victims out of Bitcoin (BTC) according to the United States Department of Justice […]
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Estonia is withdrawing permits from hundreds of crypto companies following Europe’s biggest money laundering scandal. Estonia, one of the European Union’s most crypto-friendly countries, is cracking down on hundreds of licensed crypto companies in response to a $220 billion money laundering scandal, according to Bloomberg. Estonia was among the first EU countries to license crypto […]
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A 20-year-old has been charged for his role in dozens of SIM-swap attacks, including an attempt to extort a physician out of 100 Bitcoin. Californian Richard Yuan Li, 20, has been charged with conspiracy to commit wire fraud for his role in SIM-swap attacks targeting at least 20 individuals, as well as the attempted extortion […]
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