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Microbt announces offshore asic factory

INDUSTRY

Sunday, 27 September, 2020 at 04:24 GMT
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New...
Eu to create legal certainty for cryptocurrencies

INDUSTRY

Friday, 25 September, 2020 at 05:58 GMT
The European Commission has put forward a prospective regulatory framework for cryptocurrencies and stablecoins, as discussed on the organization’s website and in original documents. European Union: A Complete Crypto Framework The new framework regulates several aspects of...
Leaked data outs bitcoin investment company as scam

WARNINGS

Tuesday, 22 September, 2020 at 05:51 GMT
A South African group calling itself “Anonymous ZA” has published fresh information that seemingly supports long-standing allegations that Mirror Trading International (MTI), an ostensible bitcoin investment company, is running a multi-level marketing scam. The new...
Over 40 bitcoin forks are down

INDUSTRY

Monday, 21 September, 2020 at 03:54 GMT
Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years. ...
How banks are integrating crypto aml software

INDUSTRY

Monday, 14 September, 2020 at 20:08 GMT
With the exposure of traditional banks and financial institutions to crypto-assets and all the risks involved, as well as the continued advice from governmental authorities to banks to integrate a crypto risk management system, what are the solutions available? ...
Androidbased devices under attack by crypto mining botnet

INVESTIGATIONS

Sunday, 13 September, 2020 at 11:15 GMT
Botnets, aka “robot network.” The mighty and pervasive malicious code scripts designed by code wizards and wielded by capable threat actors. In the conventional sense, a botnet is a kind of malicious backdoor that has been installed across a large number of infected Internet...
China charges 6 members of $6b plustoken scam

INVESTIGATIONS

Saturday, 12 September, 2020 at 04:27 GMT
Chinese authorities have charged six people allegedly involved in the $6 billion PlusToken cryptocurrency scam. They were charged with organizing and leading criminal pyramid schemes. ...
Crypto price analysis bitcoin ethereum ripple cardano and chainlink

INDUSTRY

Friday, 11 September, 2020 at 16:09 GMT
Bitcoin Bitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries. The cryptocurrency dropped by a steep 15% in September from $12,000 to...
Bots manipulate cryptocurrency markets

INDUSTRY

Thursday, 10 September, 2020 at 18:38 GMT
Investors are aware of how abrupt and unpredictable cryptocurrency market movements can be. What many of them do not know, however, is that behind these movements are often software algorithms used by unscrupulous traders to manipulate the market, writes The Wall Street Journal....
Saudi arabia proposes blockchain business passport

PREVIEW

Wednesday, 9 September, 2020 at 04:27 GMT
Saudi Arabia believes that blockchain technology can greatly ease cross-border trade by allowing businesses to prove financial compliance in multiple countries. In its proposal to the G20’s business community, Saudi Arabia advocated for blockchain to be used to remove...

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