Author: Samantha Mitchell

Five Nations To Work Together In The Fight Against The Use Of Cryptocurrencies To Evade Tax

Five tax enforcement agencies from five countries have formed a united alliance, the Joint Chiefs of Global Tax Enforcement, “the J5” to fight the transnational tax. The five nations will collaborate in collecting information, sharing intelligence, and carrying out the operations together in an effort to eradicate the vice. J5 On The Hunt For Those […]

Cryptocurrencies Cause An Increase In Money Laundering

The cases of Cryptocurrency theft reported in the first half of this year are more than those reported in 2017. Criminals are using the digital money to elude authorities. The criminals are employing various tools and technologies such as mixers and privacy coins to steal money from unsuspecting victims. More Cryptocurrency Theft In The First […]

Ripple Giving Out Its Cryptocurrency

XRP was first released in 2013 and has continued to grow to become the third most popular Altcoin by market capitalization. The currency, which is a product of a San Francisco-based company is now only behind Bitcoin and ether in the Cryptocurrency market. A recent report by The New York Times claims that although people […]

Crypto Mining No Longer As Profitable As Before

Crypto mining is a reserve for only the most highly active players in the Cryptocurrency world. Mining is a kind of reward that a given Blockchain pays some people to maintain it, together with its integrity and records. Those who participate in this activity are called ‘miners.’ They are paid in the Blockchain’s coins. For […]

Phishing Becomes Popular Among Cybercriminals Targeting The Japanese Crypto Sector

Cybercriminals are now using phishing to steal Cryptocurrencies in Japan by sending fake emails to users in the country. The number of fraudulent emails in the Japanese language has increased rapidly to around 1,500 by last autumn. Crypto Exchanges Blamed For Not Taking Adequate Measures The University of Tsukuba and Nomura Asset Management have published […]

Crypto Market Now Worth Over $250 Billion

A recent valuation of the Crypto market has revealed that it is still worth over $250 billion. In particular, tokens have recorded a good performance. On July 2, ERC20-based tokens such as 0x (ZRX), Status (SNT), Funfair, Aion (AION) outperformed the other tokens. 0x Posts Growth In Trading Volume ZRX recorded a 14 percent increase […]

One Company Promises To Stop Cryptocurrency Hackers

It is no secret that Crypto market has been a victim of hackers since its early days. Last month, two South Korea-based Cryptocurrency exchanges lost coins worth around $70 million to hackers. Most of the stolen Cryptocurrencies are in circulation and it is challenging to quantify the actual amount. In the wake of increasing cases […]

Comparing The 2018 And 2014 Crypto Bear Markets

The current trend in the Crypto market prices is comparable to one that took place four years ago. On December 4, 2014, bitcoin prices reached the highest price of $1,236 per BTC but then dropped to $225 per coin on June 1 the following year. In 2017, the coin reached $19,600 and had since lost […]

The Demographics Behind Cryptocurrencies

According to a UK based cryptocurrency investment platform eToro, 91.5% of cryptocurrency transactions are made by men. This can be explained by the fact that men continue to hold much of the wealth according to various statistics such as the Forbes top 100 wealthiest individuals listing (where only 10 are women) and the USA household […]

SolarisBank, A Cryptocurrency Bank Launched In The European Union

Berlin, Germany. Cryptocurrency holders are expected to benefit from the services of SolarisBank. This bank aims to provide financial services to investors whose wealth is denominated in Cryptocurrencies. Cryptocurrency Banking With a control of about 1% of the global GDP and gaining popularity each and every day, Cryptocurrencies are projected to be the mode of […]
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