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CFTC Shuts Down Another Cryptocurrency-Related Scam The CFTC has taken a very keen interest in cryptocurrency-related projects. The agency keeps a close eye on initial coin offerings, but they also target alleged scams. As a result of this aggressive stance, the CFTC filed federal court enforcement action against My Big Coin. The company raised over ...
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Velix.ID Partners with the Largest Cryptocurrency Exchanges in India to Revamp KYC Velix.ID — a RegTech Blockchain startup, working in the Identity Verification Space — is partnering with Cryptocurrency Exchanges in India to improve upon the existing KYC processes. Initial cryptocurrency exchanges to confirm the partnership with Velix.ID are Coinsecure & Bitxoxo, two of the largest ...
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Leaders At World Economic Forum Criticize Illegal Cryptocurrency Use At this year's World Economic Forum, many top political figures expressed their distaste with cryptocurrency — mainly its use to fund illegal trading, terrorist organizations and money laundering. "My No. 1 focus on cryptocurrencies, whether that be digital currencies or bitcoin or other things, is that we ...
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Malicious ads on YouTube were used to mine cryptocurrency with viewers' CPU After watching Bitcoin surge to insane prices just a few weeks ago, people everywhere have a heightened awareness of cryptocurrency. As such, some websites have been looking to cash in on the tech by using advertisements to take advantage of the power of visitors' CPUs to mine cryptocurrency.
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Tax Season: Will You Have To Claim Your Cryptocurrency? The cryptocurrency market grew over 3200% in 2017 alone. Towards the end of the year, there was an influx of investors flooding the market. As tax season has just begun, some have been left wondering how they need to report their cryptocurrency with their taxes. If that's you, you've come to the right ...
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Ethereum Price: Can The 2nd Largest Cryptocurrency Overtake Bitcoin? The last few months have been rather stormy for the Ethereum price, and indeed the entire cryptocurrency niche. Overall, it has been a hugely successful year for Ethereum, yet the Ethereum price has receded quite significantly in the last few days. Many are beginning to question the long-term viability of ...
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$530 million lost due to hacking at Japan cryptocurrency exchange Some 58 billion yen ($533 million) in cryptocurrency has disappeared from a Japanese exchange due to hacking, local media reported Saturday. The Coincheck exchange, the operator of the cryptocurrency called NEM, said on its website on Friday that it had suspended sales and withdrawals of the ...
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