G20 countries want to steer cryptocurrency regulation
The G20 wants to establish common ground for cryptocurrency regulation. More and more governments seek ways to oversee the growing market.
Ajay Seth, economy secretary at India's ministry of finance, disclosed the intention in a statement. India is currently president of the G20, an internationa... Read more
Brussels sets eyes on EU cryptocurrency tax
Officials have met to decide on an EU-wide cryptocurrency tax.
The European Commission will shortly start discussions with the union's treasuries to determine if the cryptocurrency market warrants a single EU tax structure.
As nations pursue various tax and rate structures for the expanding m... Read more
Cybercriminals are hacking scammers to hijack crypto transactions
In July, the FBI published a warning regarding scams of decentralized applications (dApps) where hackers impersonated cryptocurrency liquidity mining services, ... Read more
Stripe allows companies to pay users with crypto on its platform
Stripe's popular payment processing platform will enable businesses to pay their consumers in bitcoin.
According to Stripe's statement on Friday, Twitter is the first one to join up. For content providers, Twitter has an expanding set of revenue tools. Stripe's agreement with Facebook will allow... Read more
BCB Group bring in $60 million for expansion in Europe
The BCB Group is making strides in the Crypto market and has secured $60 million in funding for its expansion into Europe.
BCB Group is a London-based digital asset technology provider. They recently closed off their series A funding amassing $60 million to expand into the European market.
Th... Read more
John McAfee arrested in Spain for tax evasion and other charges
John McAfee, known for creating McAfee, the antivirus company, was arrested in Spain today and is facing extradition to the United States. He is going to be charged for fraud and tax evasion.
The SEC says McAfee was paid more than $23.1 million in cryptocurrency assets to promote ICO token sales... Read more
“Crypto criminals and fraudsters stole $1.2 billion in first quarter.
Crypto criminals and fraudsters stole over $1.2 billion in the first quarter of 2019. That suggests cryptocurrency security company CipherTrace in a new report, reports Venturebeat.
CipherTrace develops solutions to combat digital money laundering, forensic investigations into cryptic currencies, b... Read more
Facebook, Telegram and Signal all want to launch crypto currency this year
While the bitcoin is unable to remain stable, some of the largest internet companies hope to do so with their own virtual coins. This year, Facebook, Telegram and Signal, among others, will launch their own coins.
The New York Times writes this in an extensive analysis of the current crypto market. ... Read more
$190 million in cryptic currency was lost on exit scam.
A possible exit scam related to both cryptic and regular money has lost $190 million in money. It's a scam that had to do with the Canadian QuadrigaCX scholarship. The company states that it can no longer access the money.
The company behind the fraud, QuadrigaCX, claims that his 30-year-old founder... Read more
Palo Alto Networks Unit 42 security researchers have discovered a new type of malware designed to steal cryptographic currency. CookieMiner focuses specifically on MacBooks and the cookies associated with their login details for crypto fairs such as Binance, Bitstamp, Bittrex and Coinbase.
The new m... Read more