Crypto News

US authorities charge three suspects in the massive Twitter hack.

A British man, a Florida man, and a Florida teen have been charged by US authorities in relation to the Twitter hack of prominent politicians, celebrities, and technology moguls to scam people around the globe out of more than...

Ripple claims lawsuit against XRP is based on “unsupported leaps of logic.”

The blockchain payment firm Ripple Labs is facing a lawsuit for allegedly selling XRP as security without registering it with the US Securities Exchange Commission. In a recently filed document, Ripple claimed that the lead plaintiff in the class-action...

Crypto hardware wallet manufacturer Ledger experiences a massive data breach.

The crypto hardware wallet manufacturer Ledger has experienced a massive data breach in which email addresses and other identification information of a million customers has been stolen. According to the crypto wallet's official announcement, "An unauthorized third party had access...

Paxful reports a huge surge of interest in peer-to-peer crypto trading in Russia.

Data from the Bitcoin marketplace Paxful shows a huge surge of interest in cryptocurrency peer-to-peer trading in Russia. The report showed a 350% growth on a year-over-year basis. According to the study, from the period of May 2019 to...

The central bank of Japan appoints its top economist as the head of the department exploring CBDC.

The Bank of Japan (BOJ) announced this Friday that it appointed Kazushige Kamiyama, the central bank's top economist, to lead the department that is looking into central bank digital currencies (CBDCs). The appointment of the Bank of Japan's top...

Chinese Police arrest 27 suspects behind the massive Plus Token Ponzi scheme.

Chinese police have arrested 27 main suspects alleged to be behind the massive crypto scam dubbed Plus Token. According to a report from the Chinese financial news outlet CLS, led by the Ministry of Public Security, the Chinese police...

The global crypto exchange Huobi launches a crypto asset custody platform.

The Singapore based crypto exchange Huobi has announced that it is getting into the digital asset custody business. The crypto exchange is launching its digital asset custody platform. The exchange is initially targeting accredited investors and institutions and will...

Iranian authorities allow power plants to mine cryptocurrencies.

Iranian authorities gave the green light to industrial power plants to operate as cryptocurrency miners, provided that they don't use subsidized power for it. In a statement to the Islamic Republic News Agency (IRNA) on July 27, Mostafa Rajabi...

Hong Kong-based crypto firm Diginex Ltd will get listed on Nasdaq in September.

According to the Bloomberg report, Diginex Ltd. is on track to go public in September on Nasdaq after the Hong Kong-based cryptocurrency and blockchain-services firm first announced the move via a reverse merger more than a year ago. The...

Russia witnessed an exponential surge in crypto scams in the first half of 2020.

Cybersecurity firms have identified an exponential surge in the cryptocurrency-related scams that occurred in the first half of this year. Researchers identified 23,000 websites involved with crypto scams that are still active and are targeting new victims in Russia....

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The world’s reserve currency US dollar is getting weaker compared to crypto, says Ripple CEO.

While the US dollar won't give up its position as the world's reserve currency any time soon, it's definitely...