One of the main operators of the now-shuttered streaming site movie2k.to has forfeited over $30 million worth of crypto to German police. After a lengthy joint investigation with the American FBI, German police have seized over 25 millions euros worth of cryptocurrency associated with the illegal movie streaming site movie2k.to. Shuttered in spring 2013 due…
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A subsidiary of $80 billion German behemoth Deutsche Telekom has become a Chainlink node operator and will engage in “generalized mining.” A subsidiary of Deutsche Telekom called T-Systems has become a Chainlink (LINK) node operator. Deutsche Telekom is one of Germany’s leading companies, employing over 200,000 people and has a market capitalization of $80 billion.…
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Northern Data’s head of finance calls whistleblowers “anonymous trolls” and says that the company is completely transparent. European Bitcoin (BTC) mining firm Northern Data has seen its stock fall 40% in days amid claims that it committed fraud. Data from Bloomberg showed the company’s NB2 stock trading at under €47 ($53.70) at the end of…
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Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries. A major Turkish bank completed the country’s first-ever international trade finance transaction based on distributed ledger technology, or DLT. This adds another milestone to the country’s increasing blockchain efforts. İşbank, the first Turkish bank to join R3’s Corda platform…
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The global regulatory landscape is tightening for crypto ATM operators. Experts predict that Bitcoin ATMs (BATMs) will face stricter regulations worldwide, with countries including Canada and Germany already moving to tighten up anti-money laundering requirements. A June 2 report from CipherTrace estimates that 74% of transactions made from U.S.-based Bitcoin ATMs were sent out of…
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Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union. Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union. Ecologic technology news outlet, Green Tech Media, reported on May 29 that three major European…
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Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain. Ontology recently partnered with German digital identity and cloud wallet provider, Spherity, to collaborate on expediting development on digital identity solutions for products and enterprises. The partnership will see Spherity’s Cloud-Edge wallet integrate with Ontology’s (ONT)…
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German STO platform Black Manta joins digital asset custody firm Finoa to develop institutional security token custody. German security token offering (STO) platform Black Manta Capital Partners partnered with local digital asset custody firm Finoa to develop institutional security token custody. According to an announcement shared with Cointelegraph on May 4, the cooperation aims to…
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German firm Black Manta Capital Partners has launched a security token offering for $12 million worth of Berlin real estate. Germany’s Black Manta Capital Partners has launched a security token offering (STO) for Berlin real estate worth more than $12 million. The project is a collaboration with the German real estate firm Tigris Immobilien and…
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Given the economic losses due to the COVID-19 pandemic, can we expect governments to be more vigilant in taxing cryptocurrency this year? Could this be the year the world gets serious about cryptocurrency taxation? The coronavirus pandemic, after all, could cost the global economy as much as $4.1 trillion — or almost 5% of global…
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