Crypto News

The Dutch crypto market faces challenges to comply with new anti-money laundering regulations

In an official blog, Bittr founder Ruben Waterman announced that his bitcoin exchange would be shutting down before the end of this month as the one-man operation does not have the capital to comply with the new regulations. Bittr...

China to become the first cashless society post-Covid 19

Since the coronavirus spread began, there has been a steep rise in cashless payments. With fears of the virus spreading via banknotes, people are relying on mobile payments in China and around the world. Last month, the UAE Central...

Bitcoin miner manufacturer Ebang files a $100 million IPO in US

Bitcoin mining chip producer Ebang has filed for a $100 million IPO in the United States. The firm is seeking to distribute Class A ordinary shares at face value of $0.00013 per share. Ebang plans to list on either...

SEC and Kik’s court battle over token offering continues

The SEC and Kik both filed oppositions to the other party's motions for summary judgment this week, reiterating their arguments in the case and their respective takes on whether statements collected during the court battle to date are complete...

Bakkt appoints a new interim CEO, as Mike Blandina exits after serving four months

Bakkt's parent company, ICE, informed that Mike Blandina would be replaced by the current M&A VP, David Clifton, as the interim CEO, while Adam White will continue to serve as the firm's president. Blandina had previously worked at companies...

US Authorities seize a Coronavirus website after owner tries to sell the domain in exchange for bitcoin

The US authorities revealed that the unidentified owner of coronavirus.org tried to sell the domain to an undercover agent with the Department of Homeland Security's Criminal Investigations unit. The authorities said they wanted to use the site to sell...

35,000 computers infected with crypto-mining malware

Cybersecurity researchers from ESET revealed that they took down a portion of a malware botnet that infected at least 35,000 Windows systems that attackers were secretly using to mine Monero cryptocurrency. The botnet VictoryGate had been active since May...

First decentralized bitcoin exchange launched in Cuba

The Italian-Cuban entrepreneur Mazzola developed Cuba's first decentralized Bitcoin exchange QBita earlier this month. Currently, cryptocurrencies are not illegal in Cuba, and most businesses are kept out of the country due to regulatory uncertainties and decades-long sanctions put on...

HTC is looking to set the trend with the crypto mining function on Exodus smartphone

Taiwanese smartphone company HTC launched Exodus 1 model back in 2018. Exodus 1 was a blockchain-focused phone designed for cryptocurrency trading. But the smartphone did not catch on with people and failed the Taiwanese company to compete with Android...

Ethereum founder Vitalik Buterin takes a dig at Craig Wright over blockchain patents

Vitalik Buterin has taken a veiled swipe at self-proclaimed bitcoin creator Craig Wright and nChain over the blockchain patent portfolio. Vitalik tweeted, "If you're bragging about how many "blockchain patents" your country/company/organization has, you don't understand blockchains." Earlier Craig...

Latest News

The mad rush for Bitcoin: Is BTC truly a hedge against economic fluctuations?

Financial markets around the world reached staggeringly low levels in the past few months. The Coronavirus pandemic left a...

Ukraine closes in to provide legal status to crypto with a new bill.

The Ministry of Digital Transformation of Ukraine published a new draft bill, "On Virtual Assets," that aims to determine the legal status of cryptocurrencies. The law would...