Coinbase CEO Says Central Bank Of India’s Informal Pressure Caused Disruption In Payments

Only three days following the entrance of Coinbase (a name-making crypto exchange from the United States) in the market of India, it terminated utilizing the UPI (United Payments Interface) – the most famous payment service across the area. Brian Armstrong, the CEO of the exchange, later disclosed that the reason at the back of the … Read more

Diamond Mining Firm De Beers To Use Blockchain Tech To Manage Diamond Production

De Beers (a worldwide company for diamond mining) has initiated a proprietary blockchain-powered venue to organize the production as well as the distribution of its diamonds. For a long time, the company has been examining a blockchain system for recording, tracing, as well as managing the distribution, as well as production of its diamonds throughout … Read more

US DOJ Announces Charges Against Florida CEO Over Involvement In A Cryptocurrency Fraud

The DOJ (Department of Justice) of the United States is leveling accusations against a crypto mining firm’s CEO for operating a worldwide investment scam project. As per a statement issued on the behalf of the DOJ, the founder as well as the chief executive of MCC (Mining Capital Coin), told a lie to the investors … Read more

US Treasury Department Has Issued First Sanctions Against Crypto Mixer

The U.S. Treasury has declared that the crypto mixing service, Blender has dangerous connections to hackers in the region of North Korea and has been utilized for other criminal activities. Blender in Big Trouble According to the Office of Foreign Assets Control in the United States Treasury, cryptocurrency mixing service, Blender is supposedly involved in … Read more

OpenSea Experiences A Server Breach On its Discord Mainnet

OpenSea (a prominent marketplace for NFT) underwent a server hack on its chief Discord channel and the hackers posted false declarations of collaboration with YouTube. On Friday, a posted screenshot presented the news of the fake collaboration, along with a link directing to a phishing site. The formal Twitter account of OpenSea Support posted a … Read more

Senators Gillibrand And Lummis Draft A New Cryptocurrency Regulation Bill

Two Senators from the United States have presented a new Crypto-based bill that is focused towards removing tax from crypto profits gainers of less than $600. Senator Kirsten Gillibrand and Senator Cynthia Lummis from the United States have formally presented a proposal demanding a revision of taxation policy on individuals or companies that are gaining … Read more

Crypto Companies In the UK Double Pay To Attract Cybercrime Professionals

Crypto companies in the United Kingdom are starting to take away the professional cybercrime police to guarantee their measures for regulatory compliance, as per a report published by Bloomberg. The National Police Chiefs’ Council, an entity responsible for representing the entirety of the police officers throughout the United Kingdom, asserts that the professional cybercrime policemen … Read more

Gibraltar Introduces New Cryptocurrency Rules On Market Integrity And Market Manipulation

The British overseas region called Gibraltar has incorporated unique crypto rules regarding market manipulation as well as market integrity to its DLT (Distributed Ledger Technology) agenda. The minister for Digital and Financial Services of Gibraltar, Albert Isola, mentioned that in 2018 they were considered to be the initial jurisdiction across the globe for the legislation … Read more

Dubai’s DAMAC Properties Begins Accepting BTC And ETH Payments

DAMAC Properties, a Dubai-based real estate company with a worth of several million dollars, has begun embracing ETH (Ether) and BTC (Bitcoin) payments for the luxury abodes thereof. the establishment of DAMAC Properties was done in 2002 on the behalf of Hussain Sajwani, and the company has organized business across the U.K. Canada, and the … Read more

Central Bank Of Cuba Authorizes Cryptocurrency Services

Regarding the announcement made by the Central Bank, the people of Cuba will now be able to officially trade cryptocurrencies and take advantage of the relative services that follow. Crypto-Friendly Regulations Financial development in the region of Cuba has recently taken a boost, as the Central Bank has announced the allowance of the issuance of … Read more