Category: News

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 […]

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 […]

Sales in Digital Currency Spike in 2018, Earning 13.7 Billion in First Five Months

The Crypto Valley Association, based in Switzerland, released a report from their strategy and consulting division displaying the sales on cryptocurrencies in 2017, compared to 2018. The large sum made this year of $13.7 billion almost doubled the amount of money raised for digital currency in the entire 2017 year. How Cryptocurrency Profits Were made […]

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 […]
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