Category: cryptocurrencies

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Travala Adds 1 Million More Holiday Homes You Can Book With Crypto

Travala.com now offers a total of 3 million accommodation options users can book with cryptocurrency. Online travel booking platform Travala.com has added one million new homes across 195 countries to its site with the release of a designated home bookings section called ‘Homes’. Holiday homes and apartments can be booked with over 30 different cryptocurrencies…
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Ransomware Gang Steals 10TB of Pics and Data From Canon

The Maze ransomware group appears to be behind a recent cyberattack launched against Canon. Multinational corporation Canon reportedly fell victim to a ransomware attack launched by Maze group against its email and storage services and it’s U.S. website on July 30th. Maze has threatened to leak the pics and data if a crypto ransom is…
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Deregulating Crypto Could Spark More Speculation Says Japan’s FSA

“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator. Ryozo Himino, the new commissioner of Japan’s Financial Services Agency, says the agency is wary of deregulating private cryptocurrencies. Noting that the COVID-19 pandemic could accelerate the transition to a cashless society, Himono instead emphasized the potential role…
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Indian Government Actively Working Towards New Crypto Ban

Five months after Indian courts lifted the blanket ban on crypto, an official said the government is considering a new law banning crypto. An Indian government official has claimed that two ministries and the Reserve Bank of India are actively working on a legal framework to ban cryptocurrencies on the subcontinent.  According to a Aug.…
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Huobi’s COO Thinks Blockchain Regulation Needs to be Better Defined

Huobi’s COO believes lack of defined regulation and infrastructure services are preventing the mass adoption of blockchain technology. Robin Zhu, Huobi Global Group’s COO, told Cointelegraph at a China Great Bay Area International Blockchain Week pre-event interview on August 3 that lack of defined regulations and infrastructure services are preventing the mass adoption of blockchain…
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Russia’s Biggest Bank Considers Launching its Own Stablecoin

Shortly after Russia’s President Vladimir Putin signed the country’s recent cryptocurrency law, the country’s largest bank voiced its considerations. Sberbank, a state-owned company and the largest bank in Russia, is considering the possibility of issuing its own token, according to its key executives. Sergey Popov, Director of the transaction business at Sberbank, says that Russia’s…
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Dash Launches Latin America’s First Ever Crypto Debit Card

Crypto exchange Taurus will offer the first crypto debit card backed by Dash in Latin America. Dash has partnered with Mexican cryptocurrency exchange, Taurus.io, to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Taurus’ customers in Mexico. The card will work at millions of stores…
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Ripple Q2 2020 Report: XRP Sales Increased 19-Fold

The XRP Markets Report shows Ripplenet’s On-Demand Liquidity network experienced 11x growth compared to 2019, while XRP sales surged in Q2. Sales of Ripple’s XRP token in Q2 surged after hitting a low in the first quarter, while the firm’s On-Demand Liquidity network remains popular. According to Ripple’s quarterly report released on August 3, sales…
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Number of Active Crypto Traders in Japan Decreased Mid-COVID

A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March. Before a state of emergency had officially been declared to slow the spread of the pandemic in Japan, overall activity on crypto exchanges decreased as there was a spike in fiat deposits. According to…
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Deceived Crypto Investors Launched Their Own Scam to Recoup Losses

Investors in China launched a crypto scam after being deceived themselves — and got busted by the police. Chinese police have reportedly arrested a group of scammers who launched a faux crypto scheme to recoup their losses after being defrauded by a number of different crypto-related cons themselves. According to an article from the Public…
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