Crypto News

US citizen charged for allegedly defrauding 150 investors in a crypto scam

US SEC has accused Michael W. Ackerman of Ohio for allegedly defrauding over 150 investors and raising $33 million in violation of anti-fraud provisions for federal securities laws. The SEC filed a complaint in a Federal court on 11th...

Pro crypto US Presidential candidate Andrew Yang ends his 2020 campaign

The Democrat candidate Andrew Yang has officially ended his 2020 campaign. Despite no political experience, his campaign outlasted campaigns of several senators and governors. However, Mr. Yang has promised to come back.    Andrew Yang's campaign has left a strong mark. Andrew...

Chinese Insurance companies are utilizing blockchain to speed up Coronavirus payouts.

According to the report by South China Morning Post, Chinese insurance service providers are relying on the blockchain technology to speed up claims payouts in over 27 Coronavirus affected cities, including Hong Kong. As of now, more than a...

Binance allows peer-to-peer trading for the Russian Rubel

Cryptocurrency exchange Binance announced that it had upgraded its peer-to-peer platform to include Russian Rubel (RUB). Users will be able to transact with no fees on Binance's peer-to-peer platform. Binance CEO, Changpeng Zhao said that P2P trading provides an...

Alexander Vinnik is being subjected to human rights abuse, claims lawyer

Russian citizen Alexander Vinnik was extradited from Greece to France last month to face trial, but his lawyer has claimed that Vinnik has been the subject of politically-motivated injustice by the Greek authorities. Vinnik is also wanted in the...

40 German banks interested in offering cryptocurrency services

Germany's financial regulatory body, BaFin, received more than 40 "expression of interest" from banks in the country that would like to offer cryptocurrency services in the future, according to the Handelsblatt report. The new law came into effect at...

CryptoViral releases its new logo based on the Golden ratio

The crypto news aggregator, CryptoViral, released its new logo that is based on the symbol of the golden ratio. In mathematics terms, two quantities are in the Golden Ratio if their...

Bitcoin briefly reaches $10,000 mark for the first time this year

Bitcoin, the leading cryptocurrency with the market capitalization of over 182 billion US dollars, reached the $10,000 mark for the first time in 2020 before retracing back to $9,800 at the time of writing. Bitcoin broke above $10,000 after...

Six major central banks to discuss digital currencies in April

According to the report by Nikkei, representatives from several central banks, including Europe, Japan, Canada, Sweden, Britain, and Switzerland, will discuss digital currencies and their own CBDC. The planned meeting will take place in Washington in April.    Banks to discuss...

Justin Sun finally gets his $4.5 million dinner with crypto cynic Warren Buffet

The millennial CEO of Tron Foundation, Justin Sun finally got his wish and had dinner with Warren Buffet for which he made a bid of $4.5 million. The funds will be donated to a charitable cause.    Warren Buffet is a...

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BTC seems to be losing momentum after an initial short burst; Bitcoin witnessing consolidation

The market sentiment surrounding Bitcoin appears to be neutral at the moment. Even though several analysts claim unusually high...