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£380m hack at digital currency exchange Coincheck Cyber-criminals have stolen £380m from a Japanese cryptocurrency exchange in the biggest ever heist of digital currency. Coincheck, based in Tokyo, halted trading on Friday after 523m NEM coins, the world's 10th biggest digital currency, were sent to an unauthorised account in the middle of the night.
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Govt likely to end immunity on foreign currency accounts KARACHI: The government has planned to withdraw an immunity, and bring regulations requiring scrutiny of overseas money transfer in individuals' foreign currency accounts, a minister said on Saturday. "There are some misconceptions about the proposed amnesty on declaration of foreign assets," ...
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Bitcoin price WARNING: THIS mistake will CRIPPLE bitcoin as cryptocurrency leader - CEO THE CEO of a leading investment company has admitted that bitcoin made a crucial mistake in its development that could allow other cryptocurrencies to pass it by, as he explained the reasons behind the currency's volatility. By Oli Smith. PUBLISHED: 13:25, Sat, Jan 27, 2018 | UPDATED: 13:46, Sat, ...
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CFTC Shuts Down Another Cryptocurrency-Related Scam As this case shows, the CFTC is actively policing the virtual currency markets and will vigorously enforce the anti-fraud provisions of the Commodity Exchange Act. In addition to harming customers, fraud in connection with virtual currencies inhibits potentially market-enhancing developments in this area.
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3 reasons to NOT bet the farm on bitcoin Still, bitcoin is a fascinating development in the world of currency and one worth watching – even if with a little skepticism, he says. Just a few factors to keep an eye on or be aware of include: • There's potential for a regulatory crackdown. Bitcoin has already been hit by a crackdown from Chinese officials ...
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