Tag: bitcoin

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Binance Exchange to Restrict Access to Japan Residents

Binance announced it would restrict access to the crypto exchange to Japanese residents at an unspecified later date. In a Jan. 15 announcement on Binance’s Japanese support website, the exchange revealed it would restrict access to residents of Japan at an unspecified later date. The restriction is said to be implemented gradually, with details to…
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Ripple Plays ‘USD 500bn XRP Market’ Card in Court

Brad Garlinghouse, CEO of Ripple. On January 15, Chief District Judge Phyllis Hamilton of the Northern District of California heard Ripple Lab’s case for dismissing a class action and now the company’s fate, as well as that of the “half a trillion XRP market”, is in her hands. The judge now needs to make a…
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Zcash Poised to Finally Have Private Transactions on Mobile With SDK Release

Zcash released a Software Development Kit for both Android and iOS, which allows developers to easily build mobile wallets supporting shielded transactions. The for-profit developer behind Zcash (ZEC), Electric Coin Co. (ECC), has released on Jan. 15 a set of resources to facilitate the implementation of shielded transactions on mobile. This builds on early tests…
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Thai Officials to Investigate Alleged Cryptocurrency Pyramid Scheme

A human rights lawyer representing victims of an alleged cryptocurrency pyramid scheme in Thailand is taking their case to the country’s Department of Special Investigation. A human rights lawyer representing victims of an alleged cryptocurrency pyramid scheme in Thailand is taking their case to the country’s Department of Special Investigation (DSI). The Bangkok Post reported…
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Bitcoin and Altcoins Could Correct In Short Term

Recently, bitcoin price made another attempt to clear the USD 8,850 resistance area. However, BTC/USD failed to continue higher and started a short term downside correction. On the downside, the USD 8,550 support area might play a major role in the coming sessions. On other hand, there were corrective moves in most major altcoins, including…
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Liquid Cancels Sale of Telegram’s Gram Tokens, Returns Funds to Investors

The sale of Telegram Open Network tokens held by Liquid Exchange was canceled due to launch delays, with the funds being returned to the investors. Liquid Exchange has canceled the sale of Telegram Open Network’s (TON) Gram tokens, according to a Jan. 10 company post. The exchange returned the funds of all investors who participated…
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Gemini Launches Firm to Insure Its Own Crypto Custody Branch for $200M

Gemini cryptocurrency exchange, founded by the Winklevoss twins, has formed its own insurance company to insure its custody arm for $200 million. The Winklevoss’ Gemini Exchange has launched an insurance company to cover up to $200 million for Gemini Custody — reportedly the largest amount for any crypto custody service in the world. Head of…
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More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook. Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts.…
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Team Behind Foin Token Scheme Explains Catastrophic Price Drop

The Foin project has released an official explanation of why its token tanked after the purported price pump. The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump.…
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United Nations Says Stay Away From North Korean Crypto Conference

United Nations sanctions experts advise against attending North Korean cryptocurrency conference, or risking sanctions violations. The United Nations has warned that attending a North Korean cryptocurrency conference in February is likely to constitute a sanctions violation, according to a report by Reuters on Jan. 15. The report follows last week’s indictment of Ethereum Foundation researcher…
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