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Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt
7.7.2020
A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. Willie Breedt is the CEO of the defunct Vaultage Solutions (VS), the company at the center...
Crypto Mobile Apps Are on the Rise in India Following Supreme Court Decision
1.7.2020
Crypto businesses keep showing interest in the Indian market by attracting users through products like mobile apps
Wright Decision & Paypal Allowing Crypto: Bad Crypto News of the Week
27.6.2020
Check out this week’s Bad Crypto podcast
Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data
13.6.2020
A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles...
Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi
4.6.2020
Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used...
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’
27.4.2020
On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week...
Purse Reverses Decision To Close, Roger Ver 'In Talks' With the Company
24.4.2020
Bitcoin company Purse reversed its decision and decided against closing its doors, after it was thrown a lifebelt in the form of a potential acquisition.
"Several parties - including well known bitcoin advocates, high volume users, and established cryptocurrency companies - reached out with...
Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed
22.4.2020
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...
TRX Ledger Live Integration a Mutual Decision, Tron Says
18.4.2020
Tron describes the collaborative interest it shared with hardware wallet, Ledger, in adding TRX to Ledger Live
Controversial Decision by US Gov Could Lead to Mobile Blockchain Development
16.4.2020
US government decides to foster 5G and IoT technologies over defense lobby’s objections
Hundreds of Darknet Listings Are Selling Masks and PPE Products for Bitcoin
9.4.2020
According to a recent research report written by the blockchain surveillance firm Elliptic, there’s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits. The spike in medical equipment sales on the invisible...
Blockchain Association Says Court ‘Erred’ With Decision to Block Telegram’s Token Issuance
7.4.2020
The advocacy group has supported Telegram's appeal over a U.S. district court's decision to block the firm's token issuance – even outside the country
SEC Postpones Decision on Overstock-Affiliated Security Token Exchange
2.4.2020
The U.S. has prolonged its evaluation of a proposal from Overtock’s tZERO and Box Digital Markets to launch a regulated security token exchange
Justin Sun Happy With China’s Decision to End Lockdown in Wuhan
25.3.2020
Justin Sun, the TRON spearhead and a renowned business personality of the crypto industry, showed his overwhelmingness while announcing that China is all set to end the lockdown on Wuhan imposed earlier to control the spread of COVID-19. He released a chain of tweets on his official Twitter handle...
Indian Government Engages RBI to Discuss Cryptocurrency Regulation
21.3.2020
The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at...
1.2 Million Italians Can Now Buy Bitcoin From Their Bank
21.3.2020
Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. With over a million Italians choosing to bank with Hype, and 60,000 new customers...
How Popular Is the Dark Web in India? A Look at Increasing Tech Use and Free Market Potential
7.3.2020
Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation. Exchanges can reconnect to banking institutions and offer the support they formerly did to their...