Crypto News

Australian Court recognizes cryptocurrency as a legitimate form of investment.

According to a brief from the Australian Associated Press, the NSW court ruled in a defamation case that the accusing party must place AUD 20,000 (USD 13,000) in a bank account guarded by the courts. However, instead of a...

Over $140 million paid to ransomware operators in the last six years

The FBI revealed that after analyzing bitcoin wallets and ransom notes, they believe over $140 million were paid to ransomware operators in the last six years. Cybercriminals use ransomware attacks to encrypt the data of their victims and promise...

US Congress to host a hearing on blockchain benefits for small businesses

The US House Committee on small business will host a hearing on the benefits of blockchain technology to small firms and entrepreneurs in the United States of America. The hearing is scheduled to take place on the 4th March...

Hollywood actor Steven Seagal settles charges with SEC for unlawfully promoting an ICO

The US SEC has charged the well-known Hollywood actor Steven Seagal for participating in an unlawful initial coin offering back in 2017-18. According to the SEC, Steven Seagal promoted an ICO conducted by Bitcoiin2Gen(B2G). The actor advertised the token...

Unrest over bank closure and withdrawal limits in Lebanon continues

Banks in Lebanon have put restrictions on the amount people can withdraw, which has caused widespread anger among citizens. Banks in most areas in the country remained closed on the directions of Lebanon Association of Banks for the safety...

Binance CEO Changpeng Zhao is the wealthiest person in the crypto industry.

According to the Hurun global rich list for 2020, the CEO of Binance, Changpeng Zhao's net worth is estimated to be around $2.8 billion, which is double from what it was in 2019. Changpeng Zhao has become the wealthiest...

US SEC rejects BTC ETF proposed by Wilshire Phoenix

Investment management firm Wilshire Phoenix had initially proposed the BTC ETF back in mid-2019, but the SEC's ruling was repeatedly delayed. The SEC in a 76-page statement released, said today that the applicant failed to meet the necessary requirements,...

Abu Dhabi implements new crypto regulations based on FATF guidelines

Abu Dhabi Global Market published a range of amendments to its crypto framework based on the guidelines proposed by the Financial Action Task Force last year. The new update also changes the term from "crypto-assets" to "virtual assets," which...

Iranian General calls for the use of cryptocurrency to avoid sanctions

Iranian General Saeed Muhammad has called for the use of cryptocurrencies in the country to get around the sanctions put on by the United Nations and the USA. Saeed is the commander of the Islamic Revolutionary Guard Corps, which...

Bitcoin slumps further as coronavirus scare continues

Several countries are reporting new coronavirus victims daily, the death toll in China due to this mysterious virus reached 2,715. The stock markets in the US plunged over 7.8%. The leading cryptocurrency has failed to prove itself as the...

Latest News

OKEx partners with the Settle Network to allow crypto purchases in Latin America.

One of the leading global cryptocurrency exchanges, OKEx, is venturing into the Latin American crypto market by launching a...