Cryptocurrency News


Bitsane's scam: disappeared with money

Bitsane cryptocurrency exchange's management has vanished with user's money

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Ireland-based cryptocurrency exchange Bitsane ceased operations, and its management stole deposits of almost 250 thousand users, reports The Forbes. As the newspaper notes, Bitsane LP in the past was listed as one of the trading platforms approved by Ripple. In addition, in January 2018, CNBC...

Bitcoin is losing its value just as quickly as gained it

Bitcoin is losing its value just as quickly as gained it

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Everyone was following the swift rise of Bitcoin’s price this week. The rate of crypto coin passed $14000 mark on June 26 and this was the most high-priced level since January 2018. Then, just in several minutes, the coin changed its course and started to lose in price....

Bitcoin's price increased to $13000, afterwards it lost almost 13%

Bitcoin's price increased to $13000, afterwards it lost almost 13%

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On June 26, Bitcoin passed the mark $13000, after several minutes it shed about $1000. At 6 pm ET, Bitcoin’s price was back to $12000-plus cost. The reason for this wasn’t clear, but we all know that cryptocurrencies are famous for their price swings. A preceding bitcoin craze hit a fever...

Fraudsters stole 15,000 ETH via Huobi

Fraudsters stole 15,000 ETH via Huobi fake group in Telegram

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In China, the attackers, under the pretext of “arbitrage opportunities,” extorted about 15,000 ETH from trusting investors (more than 5 million at the current exchange rate), creating the fake Huobi exchange group in Telegram. Reports about it 8btc. The fraudsters presented themselves as...

JPMorgan will test its own stablecoin along with corporate clients

JPMorgan will test its own stablecoin along with corporate clients

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JPMorgan, a large American financial holding, will start testing its stablecoin among corporate clients. It is reported by Bloomberg Japan. According to the publication, the head of blockchain-development of JPMorgan Umar Farooq said that customers will take part in testing technology aimed at...

police officer sold drugs using crypto

Crime and crypto: a former operative transferred 250,000 USD from the sale of drugs to cryptocurr...

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The prosecutor's office of the Volgograd accused the former operative of the drug control service and his trainee in the sale of narcotic substances and the laundering of illegal income on a large scale through cryptocurrency. This is stated on the website of the department. Thus, the accused...

Beam cryptocurrency price growing

The price of cryptocurrency Beam is growing rapidly amid the statements of regulators and the ann...

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The Beam, confidentiality-oriented on transactions, which are based on the MimbleWimble algorithm, is rapidly growing in price - the coin has risen by 55% in just one day, and during the past week the increase was about 160%. Analysts attribute such confident and sharp growth to the increased user...

Legalization of cryptocurrency in Russia

Legalize or prohibit: the law on cryptocurrencies in the Russian Federation can be passed until t...

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The bill on digital financial assets on the territory of the Russian Federation may be adopted by the end of next month, but the authorities have not yet decided on the vector of market regulation, said Anatoly Aksakov, chairman of the State Duma Committee on the Financial Market, in the press...

Asian cryptocurrency stocks rise as Bitcoin is reliving

Asian cryptocurrency stocks rise as Bitcoin is reliving

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Asian stocks started to rise on Monday after Bitcoin’s price got over $10000 for the first time since the last year. As Bloomberg reported, Metaps Inc. raised 11%, GMO Internet Inc. jumped 7% to its greatest level from October 2019, Ceres Inc. climbed 4.4% and Remixpoint Inc. 6.2% in Tokyo. Woori...

After struggling with Apple Pay, banks prefer to stay on sidelines for the Facebook coin

After struggling with Apple Pay, banks prefer to stay on sidelines for the Facebook coin

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Banks of the US may prefer to stay onside from Facebook’s cryptocurrency. The Libra Association is making conversations with various lenders all over the world for joining their ranks, but the banks are still staying away from this idea after being a witness to a costumers' reaction to Apple Pay...

Galaxy Digital offers cryptocurrency options

Galaxy Digital offers cryptocurrency options to institutional investors

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Galaxy Digital, a cryptocurrency merchant bank of billionaire Mike Novogratz, announced that it has begun to offer cryptocurrency options to its institutional clients to hedge the risks associated with the volatility of digital assets, reported by The Block. Thus, mining farms, cryptocurrency...

FATF tightens bitcoin industry

FATF decided to tighten control over the bitcoin industry

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The Financial Action Task Force on Money Laundering (FATF) decided to tighten the regulation of the cryptocurrency industry, in particular, to oblige the bitcoin exchanges and other crypto service providers (VASPs) to comply with AML and CFT (countering the financing of terrorism) procedures...

Ether follows Bitcoin and hits the highest price in the last 10 months

Ether follows Bitcoin and hits the highest price in the last 10 months

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Ethereum’s native currency ETH hits the highest price in the last 10 months period and bypasses $300. The second most successful cryptocurrency in the world reached a price of $306 at 01:10 UTC. This rate was last seen in August 2018. ETH represents 9.7% gains in 24 hours and 129% gains...

Mining giant Bitmain is planning to launch an IPO in the US

Mining giant Bitmain is planning to launch an IPO in the US

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Bitmain technologies Ltd., one of the chief crypto mining hardware corporations, decided to start an IPO in Hong Kong in September 2018. It even registered an IPO on the HKEX, but the attempt faced with some hardness and the corporation stopped the process. Now, as Bloomberg reported, the mining...

Bitcoin's price is higher than $10K! This happened for the first time since 2018

Bitcoin's price is higher than $10K! This happened for the first time since 2018

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In the last 15 months, Bitcoin’s price became higher than $10000 on cryptocurrency exchanges for the first time. This rate was reached at 7:35 pm Eastern time. Basing on 24 hours statistics, Bitcoin is bypassing top 10 cryptocurrencies with 7% gains. A 12% hike of trading volumes brought to this...

Governments already diminish Project Libra

Governments already diminish Project Libra

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Mark Zuckerberg wrote about the start of the Libra project in a Facebook post on June 18. People started congratulating Zuckerberg for this new achievement, while governments started diminishing this extremely unexpected project. Maxine Waters, the chair of the US House Financial Services...

Slack is going public, but it’s not an IPO

Slack is going public, but it’s not an IPO

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All people who use or used Slack in their life divide into two categories: once, who think that it’s one of the best tools for messaging and once, who thinks that it’s just a bunch of notifications coming straight to their face 24/7. No matter which category is your, it’s obvious that Slack...

Threatening to kill, anonymous demands 100 million euros in bitcoins from German politicians

Threatening to kill, anonymous demands 100 million euros in bitcoins from German politicians

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Immediately, several well-known politicians in Germany received letters threatening of “execution” from an anonymous author, who extorted bitcoins from them. About it reports Koelner Stadt Anzeiger. These threats were sent to the mayor of Cologne, Henriette Röcker, the mayor of Altena,...

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