Bitcoin

Cybersecurity Firm Spots a Crypto Stealer Distributed Through a Massive Email Spam Campaign and Discord Channels

May 13th, 2021

A crypto stealer seems to have spread through a massive spam campaign across several countries, including the United States, Australia, Japan, and Germany. The malware dubbed “Panda Stealer” has been spotted by a cybersecurity company. It is reportedly also distributed on Discord channels. Malware Can Also Steal Data From Telegram and Discord Apps According to…

South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy

May 12th, 2021

A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea Federation of Banks requested its members to audit trading volumes through their crypto exchanges’ customers’ altcoin activity. Altcoins Trading Volume Outperformed Bitcoin Last Weekend in South Korea According to The…

U.S. SEC Warns About Mutual Funds’ Exposure to Bitcoin Futures

May 12th, 2021

On Tuesday, May 11, the U.S. Securities and Exchange Commission issued a warning for mutual funds that have exposure to Bitcoin futures and asked its investors to remain extremely cautious about it. With the parabolic rise in the BTC price over the last year, many hedge funds, insurance companies, endowments plans, pension funds, etc have…

Japanese Assembly Members Seek to Make Tokyo a ‘Cryptocurrency Trading Center’

May 11th, 2021

Japan is steadily becoming an area of interest for the cryptocurrency industry, and a politician in the capital city is looking to strengthen the trend. A member of the Tokyo Metropolitan Assembly wants to transform the Japanese capital into a “trading center” for cryptos. Blockchain as a ‘Growth Strategy’ to Create Industry Hub Yuu Ito,…

Switzerland’s Largest Bank UBS Mulls Over Cryptocurrency Services

May 11th, 2021

Swiss investment bank UBS Group is reportedly exploring offering cryptocurrency services to its wealthy clients. UBS joins a growing list of major investment banks that are either already offering or planning to offer crypto investments to their clients, including Morgan Stanley, Goldman Sachs, and Citigroup. UBS Group AG is exploring “offering crypto investments to rich…

Is NFL Star Tom Brady Loading Up Bitcoins?

May 10th, 2021

Over the last few months, celebrities have been warming up to Bitcoin and the recent rumor in the town is that American Football sensation Tom Brady is stacking up BTC in his wallet. Blockworks co-founder Jason Yanowitz was the first to tweet about the same. Referring to Tom Brady as the GOAT, Jason asked his…

Ukraine’s Public Radio Launches Podcast With an Episode on Bitcoin

May 9th, 2021

In an attempt to expand and diversify its audience, the public radio of Ukraine has recently entered the world of podcasts. Listeners have been invited to choose among a variety of topics and genres. A podcast devoted to personal finance management and financial literacy kicks off with an episode about Bitcoin. New Radio Programs to…

Coinbase Announces San Francisco HQ Shutdown by 2022

May 7th, 2021

Coinbase, the most prolific U.S.-based cryptocurrency exchange, has announced it will close the doors of its former San Francisco HQ by 2022, in its push to go 100% remote. Earlier the company had announced its intention of ditching the traditional office-based model to decentralize its operations and instead impulse work from home politics as part…

South Korean Police Raid Crypto Exchange Allegedly Involved in a $214M Multi-Level Marketing Fraud

May 6th, 2021

Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors. Masterminds Could Have Defrauded Over 40,000 People According to Yonhap, police…

Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies

May 5th, 2021

The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. However, the crypto environment has been growing, and now Venezuelans are flocking to exchanges like…