Tag: News

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Ukraine Says it Will Not Regulate Cryptocurrency Mining + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto mining news The Ukrainian government has indicated that it will take a laissez-faire attitude to crypto mining. Per a “digital manifesto” revealed by the country’s Ministry of Digital  Read more…
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Binance Co-owned FTX Adds TRUMP-2020 Futures Market

Some members in the crypto community take their interest in politics further than others and seem willing to bet money on the outcome of elections, a new product from crypto derivatives exchange FTX suggests. While keeping up with what happens with the most traded digital assets is enough for most, some seemingly can’t get enough…
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MLB Players Allegedly Among Victims of American Crypto Fund Scam

The Arizona District Attorney (DA) has announced that two men have been charged with fraud and money laundering offenses after allegedly duping victims – including octogenarians and a number of ex-Major League Baseball (MLB) players – into investments in a bogus crypto investment fund. The DA said that John Michael Caruso, 28, and Zachary Salter,…
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Russian Parliament Could Pass Digital Financial Assets Bill Next Month

Source: iStock/Baris-Ozer Russia’s parliament, the State Duma, could pass its long-awaited crypto laws as early as March – and it appears that the impasse between pro-crypto businesses and the crypto-skeptic central bank may finally be over. Anatoly Aksakov, the chairman of the Duma’s financial committee, a lawmaker for the A Just Russia party and the…
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Big-hitting Crypto Companies SBI and GMO Reveal Results and Plans

Source: iStock/Sean_Kuma Two of Japan’s biggest crypto operators – SBI and GMO Internet – have revealed details about their Q3 financial performance – and claim they will expand their cryptocurrency operations in 2020. Financial giant SBI presented its latest financial report to shareholders. The figures from its cryptocurrency exchange business, SBI VC Trade, provided mixed…
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North Korea ‘Used LinkedIn, Telegram’ in USD 7m Crypto Exchange Hack

A report claims that the infamous North Korean hacking group Lazarus used LinkedIn and Telegram messages as part of a raid that saw it make off with some USD 7 million from Singapore-based exchange DragonEx in March 2019. Per Radio Free Asia, which quoted data from the Chainalysis 2020 Crypto Crime Report, Lazarus hackers created…
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Bitspark to Shut Down Due to Internal Issues, Despite Positive Results

Maxine Ryan. Source: a video screenshot, Youtube, Real Vision Finance Bitspark, a bankless money transfer solution utilizing blockchain technology, will be shutting down in a month, despite reporting positive results. Hong Kong-based company will be closing its doors on March 4, 2020, announced CEO and Co-founder George Harrap. The startup’s Co-founder, Maxine Ryan, also shared…
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South Korean Bankers, Crypto-advocates Hope to Drive Crypto Tax Law

South Korea is inching closer to crypto tax legislation after a gathering of bankers, politicians and blockchain industry officials appeared to reach a consensus at a meeting held at the country’s parliament in Seoul. Per Jose Ilbo, the event was co-chaired by the Korea Blockchain Association, one of the country’s largest associations of cryptocurrency and…
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Russian Companies Pushing Gov’t for Crypto, Blockchain Legislation

The man charged with putting together a legal framework for Russia’s cryptocurrency and blockchain technology industry has insisted that legislation will be in place before the year’s end, and has hinted that Russian companies are keen to begin blockchain and cryptocurrency operations. In an interview with media outlet Finversia, Anatoly Aksakov, the head of the…
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Directors of Crypto Exchange Upbit Cleared of Fraud Wrap + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Two directors of the South Korean market-leading Upbit crypto exchange have been cleared of criminal fraud and market manipulation charges, reports Newsis. Prosecutors had brought forward  Read more »Pay,…
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