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Cryptocurrency Exchange Seed CX Cuts Trading Fees to Gain Market Share

Institution-oriented cryptocurrency exchange Seed CX has cut its trading fees to what it claims to be the most competitive levels globally.Competition heats up in crypto trading spaceOn Sept 16, the Chicago-based crypto exchange Seed CX announced that it was lowering its trading fees to some of the lowest levels

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North Korea Expected to Launch Its Own Cryptocurrency Similar to Bitcoin

North Korea has set plans in motion to create its own cryptocurrency that will be similar to Bitcoin or other cryptocurrencies. The crypto will help the country avoid international sanctions and evade the global US-dominated financial system. North Korea to Introduce Own Crypto A representative of the regime has indicated that

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Two Arrested for ‘Old-Fashioned Shakedown’ of Cryptocurrency Startup

Authorities in the United States have arrested two individuals who allegedly threatened to destroy a startup crypto company if they were not paid millions of dollars in cryptocurrency.Extortion of crypto startupOn Sept. 18, the U.S. Attorney’s Office for the Eastern District of New York, together with the FBI, announced

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Retail Giant Overstock Seeks to Restructure Cryptocurrency Dividend

American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading.According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution.As such, the company will not have to put its dividend shares on

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Cryptocurrency Future Still Uncertain in India over the Proposed Anti-Crypto Bill

There has been a lot of pandemonium in India’s crypto community following the legislators’ attempt to pass an anti-crypto bill that strongly prevents anyone from having any part in cryptocurrency. This includes holding, selling, buying, transferring, and exchanging any type of digital asset.Like most countries, the Indian government is scared

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Cryptocurrency Payments Processor BitPay Adds Support for Ether

Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH).Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept Ether for purchases without having to set up any enhancements. BitPay has

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UK Hacker Arrested for Stealing Unreleased Music and Selling It for Cryptocurrency

On Friday, London police arrested a 19-year-old hacker who allegedly targeted artists and their music recording by stealing their unreleased songs from their web archives and sold them for cryptocurrency on the dark web.The Manhattan District Attorney’s office in New York has received several complaints from management companies of recording

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Philippine Police Raid Alleged Cryptocurrency Scam, Arrest 277

Philippine police have reportedly raided the offices of an alleged cryptocurrency scam that was targeting investors in China.According to a Sept. 15 report by local news outlet Inquirer.net, agents from the Bureau of Immigration, the Presidential Anti-Corruption Commission and the National Police’s Integrity Monitoring and Enforcement Group raided the

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Two California Council Members Purchase Cannabis with Cryptocurrency

In what was dubbed the first of its kind purchase, two California council members were seen buying marijuana from a local store with cryptocurrency.The council members, Berkeley City’s Ben Bartlett and Emeryville City’s Dianne Martinez, were spotted in a local cannabis shop in Ohana on September 11th, where they reportedly

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