European police successfully busted a multi-million illegal online streaming business operating from Spain. In a recent investigation, European police busted a major illegal online streaming business that had reportedly been running for the past five years. Bloomberg reported that the police conducted 15 house searches, arresting 11 people and successfully taking down 50 servers across…
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BitPay rolls out prepaid Mastercard for U.S. crypto customers, hoping to further drive adoption and purchasing power of crypto holders. Blockchain payments provider BitPay has launched a Mastercard prepaid card for crypto users in the United States. The BitPay Card enables customers to convert their cryptocurrency into fiat, which can then be loaded onto the…
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South Korean insurance giant KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. Major South Korean insurance firm KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. According to a June 9 report by industry news outlet Ledger Insights, KB will use the system jointly…
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A 20-year-old has been charged for his role in dozens of SIM-swap attacks, including an attempt to extort a physician out of 100 Bitcoin. Californian Richard Yuan Li, 20, has been charged with conspiracy to commit wire fraud for his role in SIM-swap attacks targeting at least 20 individuals, as well as the attempted extortion…
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Coinbase has announced the exchange is exploring support for 18 new digital assets including VeChain, Synthetix and DigiByte. The largest cryptocurrency exchange in the United States is considering offering support for a variety of new digital assets. According to a June 10 blog post from Coinbase, the exchange is exploring support for Aave (LEND), Aragon…
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The Crypto Rating Council announced the addition of NY-based CrossTower as its newest member. Cryptocurrency exchange CrossTower is now part of the Crypto Rating Council, or CRC. They join as the council’s newest member, alongside 11 other industry companies. According to the announcement on June 10, the CRC were pleased to select the New York-based…
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About 4,000 Chinese bank accounts of over-the-counter cryptocurrency traders were allegedly frozen by law enforcement. Around 4,000 Chinese bank accounts of cryptocurrency traders have reportedly been frozen by local law enforcement. According to a June 8 report by 8BTC, police froze the bank accounts of thousands of over-the-counter (OTC) traders from the Chinese province of…
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Japanese crypto firm Freessets announced a new technology that enhances Bitcoin wallet privacy. Japanese crypto firm Freessets has announced a new technology to enhance Bitcoin wallet (BTC) privacy. According to a June 8 announcement, Freessets has created a system that allows wallets to request their addresses’ Bitcoin balances without revealing it to the servers from…
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Distributed ledger technology has the potential to solve a lot of economic and social problems, but there are some that we have to solve ourselves. The crypto community was rightly aghast at the “Bitcoin Will Save Us” poster donned by a protester against racial injustice in Dallas last week. Christ pic.twitter.com/BmRmlZnMWa — Jessica Huseman (@JessicaHuseman)…
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The latest moves from ransomware groups suggest that gangs are forging alliances to create a mafia-style structure. Recent ransomware attacks from well-known cybercriminal groups have been suggesting that gangs are forging cartel-style alliances to pressure their respective victims to pay the ransom requests. Cointelegraph has obtained access to what seems to be a darknet site…
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