Russia’s Central Bank has unveiled a plan to ask banks in the country to flag account holders who deal with cryptoassets as “suspicious.” Per news outlet RBC, the Central Bank has submitted a request to make amendments to the key 375-P protocol, a document that outlines the way that banks should combat money laundering. Although…
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As the Wuhan Coronavirus spreads further across Asia – an important region for the crypto industry – industry players have started to feel the impact on their own businesses. As of this weekend, a number of crypto events have been postponed, mining gear manufacturers have announced supply chain disruptions, and some mining farms have even…
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The arrest of a Cryptoverse resident has brought to the surface yet again the questions of both the legality and the future of coin mixers, as well as the responsibilities of their developers. As reported yesterday, Larry Harmon of Akron Ohio, the CEO of Bitcoin media site Coin Ninja and founder of crypto wallet provider…
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Black Americans are more interested in cryptocurrencies than white people in the United States, say the authors of a new survey. The findings come in a report published by cryptocurrency exchange Coinbase. The survey, carried out in conjunction with British ad-tech firm Qriously in January 2020, asked 5,126 respondents aged 18 and above in the…
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The Galaxy Unpacked 2020 event in San Francisco on February 12. Samsung has finally unveiled its new flagship smartphones, including the latest Galaxy devices, the S20, and the Z Flip, a foldable smartphone. But crypto-keen observers waiting to see if the new phones would be fitted with a blockchain wallet have been left hanging, with…
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Zac Prince, co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives Following the millions raised in the series A funding, major U.S.-based cryptocurrency lending startup BlockFi sees almost 64% more in funding just six months later. Also, they’re about to open a Singapore office. The company announced that it has raised USD 30 million…
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Source: iStock/traffic_analyzer Something is happening over at FCoin, a Chinese crypto exchange, and it resulted in the mysterious case of missing data. Meanwhile, the exchange opened a withdrawal process. FCoin was founded by the former CEO of Huobi exchange, Zhang Jian. It’s said to be the pioneer of the trans-fee mining model, and it was…
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A court in South Korea has found a senior employee at crypto exchange Bithumb guilty of breaches of internet security law. The judge stated that the employee’s actions led to a 2017 hack that saw a raider make off with the personal information of 31,000 customers – and also found the exchange’s operator, Bithumb Korea,…
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Seychelles-registered crypto exchange Poloniex has rolled back 12 minutes of trading history after a bug detected in the system caused trades to be “executed erroneously,” the company announced late Wednesday. According to a series of tweets posted by the exchange’s customer support department, “a bug that briefly caused trades to be executed erroneously” was Read…
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An appeals court in South Korea has upheld a guilty verdict for the CEO of crypto exchange CoinNest. He and two executives were handed a suspended jail sentence. The exchange, once the country’s third-largest, shut down last year after its Kim Ik-hwan and two senior executives identified only by their surnames, Hong and Cho, were…
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