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Major Swiss Insurer Adds Bitcoin and Ether Payments
2.9.2020
Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies. In a statement, Atupri said payments will...
As 'Apathy Towards Privacy' Prevails, This Firm Says It Can Track Monero
1.9.2020
While claims that US crypto intelligence firm CipherTrace can track transactions in monero (XMR), the most popular privacy coin, was met with skepticism, other analysts warned about "user apathy towards privacy."
Yesterday, CipherTrace announced what it calls as the world’s first...
Swipe Unveils USD-Dollar Checking Accounts with Evolve Bank & Trust Firm
1.9.2020
As a powerful cryptocurrency wallet and debit card portal, Swipe is all set to dig its foot deep into the US market space by entering into a partnership with leading financial services provider, Evolve Bank & Trust to unleash new opportunities. The integration will allow Swipe to launch...
Ciphertrace Allegedly Builds Monero-Tracing Tools, XMR Proponents Disagree
31.8.2020
The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track...
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...
Chainlink Doomsday Predictions: Zeus Capital Warns Investors Not To ‘Get Fooled’
31.8.2020
Zeus Capital has doubled down on its doomsday predictions on Chainlink (Link). It is now warning investors: “don’t get fooled… exit your positions before its too late.” The asset management firm’s involved assessment follows a sharp decline in the price of Link in...
Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
31.8.2020
Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm...
Bitcoin Will Break Out This Year, Says Devere CEO
30.8.2020
The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...
Australian racing groups probe firm allegedly involved in OneCoin
29.8.2020
Phoenix Thoroughbreds may need to wait before racing again
Russian Lawyers Debate Legality of Crypto Firm Selling Drinks for BTC
28.8.2020
An event organizer in Moscow recently sold over USD 1,600 worth of drinks in bitcoin (BTC) to attendees – but experts are divided when it comes to answering the question: was it legal?
The event was the brainchild of a crypto startup named Chatex, but per RBC, it has courted controversy.
A recently...
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
Whistleblower Kidnapped in Ukraine After Accusing Crypto Firm of Exit Scam
28.8.2020
Ex-employer of now-defunct investment firm Bitsonar went missing in Kyiv, Ukraine, Wednesday night
BTC and Altcoin Pay is Growing Fast, Says Crypto Payment Firm BitPay
27.8.2020
Source: Adobe/Wit (edited by Cryptonews)
Atlanta-based crypto pay service provider BitPay says that bitcoin (BTC) and altcoin payments are on the rise – with the number of transactions on its platform growing by 4.6% in June.
Per data released by the firm, 107,000 crypto pay transactions were...
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?
27.8.2020
Concordium, whose CEO is a Volvo board member, is looking to shake up the seemingly glacial world of enterprise blockchain
Major crypto firm expects Polkadot (DOT) to become a top 3 blockchain
27.8.2020
Polkadot (DOT) price has increased by 200% in less than eight days and top crypto analysts believe the blockchain has a lot more to give
Australian Payments Firm Sues Ripple for Use of PayID Trademark
26.8.2020
NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of copyright infringement
North Korean Hacker Group Targeted Crypto Firm Using LinkedIn Ad: Cybersecurity Report
25.8.2020
According to a report by F-secure, a Finland-based cybersecurity company, hackers from the infamous Lazarus group targeted a crypto firm in an attack last year
Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin
25.8.2020
On Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset. The graphics software firm...
Onecoin Allegedly Tied to Racehorse Firm, Phoenix Thoroughbreds Removed from France Galop Race
21.8.2020
Last week the firm Phoenix Thoroughbreds was reportedly banned from horse racing in France over the founder’s alleged involvement with the crypto Ponzi scheme Onecoin. Last November, Onecoin cofounder Konstantin Ignatov, the Cryptoqueen’s brother, told New York prosecutors Phoenix...