Cryptocurrency Analysis and News Portal
South Korean cryptocurrency exchange Upbit announced that it will cease trading support for six cryptocurrencies, including some so-called privacy coins.Block the possibility of money launderingIn a Sept. 20 notice, UpBit announced that the exchange will delist and cease trading support for Monero (XMR), DASH, ZCash (ZEC), Haven (XHV), BitTube
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The Australian Securities and Investments Commission (ASIC) and the Australian Federal Police (AFP) arrested a 21-year-old Melbourne-based woman for her association in a crypto fraud and identity theft operation run by a group of scammers.If found guilty, she will be charged with a wide range of criminal offenses. The fraudsters
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If you’ve been reading my column, you know that I do not believe in the long-term story of bitcoin and that trading it is actually worse than gambling in a Las Vegas casino. I don’t believe bitcoin will actually ever replace fiat currency, and the circumstances under which
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France’s economy minister Bruno Le Maire declared that France will exempt tax on crypto-to-crypto trade but will impose tax when cryptocurrency is converted to traditional money. Le Maire stated that when the capital gain of cryptocurrency is converted into traditional fiat currency, it is the ideal time to implement taxation.The
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Security researchers have identified a new trend of lucrative and illicit Bitcoin (BTC) to cash conversions in their analysis of dozens of dark web marketplaces and forums.Financial scammers are selling cold, hard cash for only 10 to 12 cents on the dollar to buyers willing to provide a prepaid
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ElementZero.Network, a not-for-profit organization, announced attendance in Plug and Play Tech Centers’ Friday Pitch Session for the investment team. Plug and Play Tech Centers’ investment team hosted 15 select startups from their ecosystem on Friday, September 6 at their Sunnyvale, California Event Center focusing on Money Tech, for instance, Fintech,
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Franklin Templeton wants to have a go at using cryptocurrencies as a tool for investments in a new fund. This will mainstream cryptocurrencies in general and Stellar in particular. Is this the beginning of the big bang we have all been waiting for?While it may sound like something surreal, Franklin
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American asset management firm Franklin Templeton Investments has filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a government money market fund with a focus on blockchain-based shares.According to a Sept. 3 SEC filing, Franklin Templeton’s fund will make investments in a range of
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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers.Real-time fiat money transfersGemini announced the move in an official blog post on Aug. 27. According to the announcement, the main benefit of the exchange’s partnership with Silvergate
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According to a report from the U.S. Attorney’s Office for the Central District of California, the crypto exchange and ATM operator Kunal ‘Kumar’ Kalra – also known as ‘coinman’ and ‘shecklemayne’ – recently pleaded guilty to four counts of federal criminal charges.The 25-year old Kalra has confessed that he has
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