Category: News

Venezuela’s Oil-Backed Cryptocurrency to be Used in the Construction of Houses

Venezuela’s native news, Telesur has announced that the country’s oil-backed virtual currency, Petro, will be used to finance a housing project. The country’s ministry of habitat and housing has confirmed that the report that the funds will be used in the project named “La Gran Mision Vivienda Venezuela” (GMVV). Petro To Finance A Housing Project […]

No More Trading in Rupee on Zebpay Exchange

The Indian Cryptocurrency market is experiencing one of its hardest times in the wake of a recent ban by the Indian Reserve Bank (IRB) on Cryptocurrencies. One of the country’s largest Crypto exchanges, Zebpay has announced it will bar transactions in the rupee. The decision was arrived at after the Supreme Court upheld the ban […]

Bitcoin Rises above $6,500 as the Crypto Market Holds its Recent Gains

The cryptocurrency market recently saw a large jump in profits—with most companies reporting gains from 5-10% or more. This has left investors wondering if/when it will go down again—but that will not happen today. Presently, there are minor fluctuations happening across the board and Bitcoin has rose above its most recent prices, holding steadily around […]

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 […]

Cryptocurrency Values Shoot Upward as the Crypto Market Surges by $40 Billion in the Last 48 Hours

Here it is—that moment that all cryptocurrency investors have been waiting for. In the last 2 days alone, various cryptocurrencies have experienced extreme gains in profit. This has left the crypto market surges totaling an impressive $40 billion. Where Are the Profits Coming from? Among some of the most prominent companies in cryptocurrency, there was […]

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 […]

Recent Ethereum Analysis Shows Price of the Cryptocurrency Likely to Rise

Like stock market trading, trading in cryptocurrencies like Ethereum is an area where you must stay constantly vigilant about what is going on in the market. There are patterns to look for that show when the price is set to rise or decline—and the recent Ethereum analysis shows that the Ethereum/USD breaking point has the […]

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 […]
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