Category: Cryptocurrency

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Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of Dormancy

Last week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a…
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Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs

Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already implemented the solution in over a dozen ATMs in the country. Argentine Startup Action Point…
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Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000

Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens and foreigners. Investigators Claim Russian Made Money Selling Nonexistent Crypto Mining Rigs A resident…
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LG Taps Hedera Hashgraph for NFT Platform, Tests Crypto Wallet

South Korean tech giant LG Electronics has tapped into the Hedera Hashgraph (HBAR) network to bring NFTs to television screens and is also testing a crypto wallet. LG has released its NFT marketplace called LG Art Lab, available in the US on the company’s TVs running the webOS 5.0 operating system or later. The NFT…
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Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account

The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter policy of the organization. …
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Thailand SEC to apply strict guidelines for crypto ads

Cryptocurrency-related adverts in Thailand will have to meet strict rules as the Securities and Exchange Commission looks to emulate foreign standards. Thailand’s Securities and Exchange Commission (SEC) will implement stringent advertising rules for cryptocurrency firms operating in the country by October 2022. The Thai SEC informed cryptocurrency-related businesses operating in the country via email that…
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Crypto Pair Trading: How to Make Money with a Market Neutral Crypto Trading Strategy

Crypto trading is typically associated with high risks and potentially high returns. However, there are also lower-risk trading strategies that crypto traders can deploy.  Read on to learn about crypto pair trading, how it works, and how to make money in a bear market using the market-neutral trading strategy. … Read More: Crypto Pair Trading: How…
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Sanctioned Russian Bank Tests In-app Operations With Digital Rubles

A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with Moscow’s actions in Ukraine. Russian Bank Experiments With Digital Ruble Transfers via Mobile Application…
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Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues

Digital assets could become “a permanent feature of the financial landscape,” although decentralized cryptoassets like bitcoin (BTC) “fail as money,” Singapore’s central bank director has argued…. Read More: Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues  Read more »Sign up for e-EUR – the progressive stablecoin