Exclusive Articles - Cryptonews (Page 228)

The Incredible Case of Quadriga: Fake Accounts and Lost Millions

Failed Canadian exchange Quadriga CX was seemingly a fraudulent crypto exchange and does not even “provide any visibility into whether Quadriga was operating profitably or not”, according to the latest report from the QuadrigaCX CCAA (the Companies' Creditors Arrangement Act) monitor....

, by Sead Fadilpašić

Huobi Expands to Turkey as Turks Flock to Crypto

Singapore-based crypto exchange Huobi Global is “moving aggressively into the Turkish market,” with plans including “a fiat onramp for Turkish lira” by the end of the year. The company plans to open a physical branch office somewhere in Turkey, which will include localized...

, by Fredrik Vold

What ICO, IEO, STO? This Over USD 2bn Company Sells Shares for Crypto

One of the U.K.’s biggest craft brewers BrewDog is taking another step into the world of crypto as now investments in this company can be made with cryptocurrency.The acceptance of cryptocurrencies for shares in the company is made possible through the brewer’s popular “Equity for...

, by Fredrik Vold

Alert: Crypto Scam Season is Upon Us, Even Central Bank Issues Warning

It’s scam season again. Though scams have been omnipresent online basically since the inception of the Internet, there are periods in the cryptoworld when they are particularly prominent and are more brazen with each cycle. It has come so far that even a central bank had to issue a warning...

, by Sead Fadilpašić

Apple and Microsoft Make New Crypto Moves

Major tech companies Apple and Microsoft are enhancing their toolset for blockchain developers. While Apple is set to announce CryptoKit, a framework for cryptographic functions, Microsoft is developing a smart contract auditing tool. Apple CryptoKit will be a new framework for "secure and...

, by Eimantas Žemaitis

Coinbase Leads the ‘Most Trusted’ Exchanges Ranking, Binance is 8th

Below, is the top 10 "most trusted and reliable exchanges" "for investors and traders who want to identify the best venues for their risk appetite," ranked by crypto market data provider CryptoCompare.Today, the company launched its inaugural Exchange Benchmark in response to the problem of wash...

, by Sead Fadilpašić

FOMO is in the Air, Scams are Coming, Warns Antonopoulos

“SCAMS are coming. Be careful”, warns famous Bitcoin educator, technologist and serial entrepreneur Andreas M. Antonopoulos. The warning is specially directed towards those who are just joining the cryptowrorld as they are the scammers’ easiest pray.With FOMO (fear of missing out)...

, by Sead Fadilpašić

Cryptopia: What Was Left By Hackers, Could Be Taken by Liquidators

Not your keys, not your coins.If in the beginning of this week users of troubled exchange from New Zealand, Cryptopia had any hopes to regain all their funds left after a devastating hack, now it became even less likely. The exchange, which was placed into liquidation this week, said in the related...

, by Sead Fadilpašić

Cryptopia’s Liquidator Rushes to Protect Users Data in Arizona

Grant Thornton, the liquidator of New-Zealand based cryptocurrency exchange Cryptopia, applied for urgent interim relief in an attempt to preserve the data stored and hosted on servers with an Arizona based business that is terminating the contract with the exchange, the liquidator announced....

, by Sead Fadilpašić

Crypto Tax Evasion ‘Rampant’ in Japan

Cryptocurrency tax evasion is rife in Japan, per a report by local media. It claims that some 50 people and 30 companies have failed to declare over USD 92 million worth of cryptocurrency transactions. Asahi Shimbun claims that the companies in question include a Tokyo-based enterprise that trades...

, by Tim Alper

Columbia Embroiled in ‘Fake’ Crypto Story, Mexico Cautious over Libra

Colombia’s former finance minister has hit out at what he says are “fake news” stories linking him to cryptocurrency investments.The Colombian crypto-community had been galvanized by reports surrounding Mauricio Cárdenas – who served as the country’s finance...

, by Tim Alper

Popular Private Key Generator Compromised, Fake Crypto Wallets Emerge

Security researchers just sent two warnings to crypto users, encouraging to move their funds from addresses generated via WalletGenerator.net after August 2018, and be extra careful when downloading a wallet app from the Google Play store."If you have used a private key generated on...

, by Linas Kmieliauskas

IRS ‘Weeks Away from 3 Tax Bills’ After Call from Pro-Crypto Activists

America’s top tax authority, the Internal Revenue Service (IRS), will update its cryptocurrency guidelines “in the coming weeks,” per the Wall Street Journal – following a request put forward by United States parliamentarians.The media outlet says that the IRS’...

, by Tim Alper

Binance Clients Just Got an Idea: Compensation

After the hack of cryptocurrency exchange Binance, with the news that the deposits and withdrawals will be resumed, some of their clients are wondering “will there be compensation?”As a part of their third update on the security incident released yesterday on the company’s blog,...

, by Sead Fadilpašić

South Korean Government Talks of ‘Overheated’ Market as Cryptos Soar

The South Korean government has held meetings with ministries to address skyrocketing cryptocurrency prices, while trading volumes rise quickly at domestic exchanges.Per media outlets Kyunghyang Shinmun and SBS CNBC, the meetings have involved the finance ministry, the justice ministry and the...

, by Tim Alper

Intl. Tax Crackdown: Coalition Runs Dozens of Investigations (UPDATED)

International coalition against tax criminals, J5, that also targets crypto-related crimes, is involved in more than 50 investigations involving international enablers of tax evasion, including an undisclosed global financial institution and its intermediaries who facilitate taxpayers to hide their...

, by Linas Kmieliauskas

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