Cryptocurrency

How Hacker Stole $5.6M Worth of Ethereum Classic From OKEx Crypto Trading Platform

A Malta-based cryptocurrency trading exchange platform OKEx has explained how hackers gained access into its trading cryptocurrencies platform stealing $5.6 million worth of Ethereum Classic in the process. Funded in 2017, OKEx becomes the latest victims of crypto scams across the world just at a time a surge in the price of bitcoin and other […]

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Warren Buffett is Wrong About Bitcoin, Gold, Banks – Max Keiser

Bitcoin advocate Max Keiser is optimistic that BTC might get $1 trl allocated by global investment funds in the near future. His prediction is coming on the heels of another investor and billionaire Warren Buffett moving part of his investment to gold. The bitcoin investor and founder wanbitcoin.com/keiser/, a bitcoin investment platform that gives $10 worth

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4 South Korean Banks to Offer Cryptocurrency Services

Four top biggest financial institutions in South Korea Shinhan, Woori, NH Nonghyup and Kookmin banks have announced their plan to introduce cryptocurrency-assets services to their customers. The four banks according to report hold a combined value of more than 1.2 trillion US dollars in assets. It’s gathered that each of the financial institutions aims to hold

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Over 1,000 Locations Accept Cryptocurrencies in Slovenia

Report says over 1, 000 locations are now accepting cryptocurrencies in Slovenia as the adoption of digital assets continue to soar in the country. Some of the service providers now accepting cryptocurrency payments include hotels, cafes, restaurants, dentists, hair salons and hundreds of others It’s gathered that the locations now accept coins through the Gocrypto

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Kenya Introduces Digital Tax for Users of Cryptocurrency Marketplace

Authority in Kenya has introduced Digital Service Tax payable for by those who derive income from services through cryptocurrency market place. In a tweet, the Kenya Revenue Authority (KRA) says, “Introduction of Digital Service Tax (DST) Payable by a person who derives or accrues income from services through a digital market place at the rate of

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Illegal Bitcoin Mining Farm Found In Kyrgyzstan Free Economic Zone

A large illegal bitcoin mining farm has been found at Free Economic Zone “Bishkek” , State Service for Combating Economic Crimes in Kyrgyzstan said. It was gathered that the authorities found the illegal cryptocurrency mining farm on the territory of a local free economic zone (FEZ). Kyrgyz authorities posted a video of the facility on

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Basler Kantonal Bank To Launch Cryptocurrency Services In Switzerland

From Switzerland is the report that Basler Kantonal Bank (BKB), is planning to launch cryptocurrency services. BKB is Switzerland’s eighth-largest bank with total assets of approximately $49 billion. It’s gathered that the Swiss government-owned commercial bank will be offering cryptocurrency services through Bank Cler, reported Citywire Switzerland Monday. Also known as Basel Cantonal Bank, Basler Kantonalbank was founded in

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India’s Cryptocurrency Bill Undergoing Legal Framework, Positive or Negative?

Today, Tuesday, August 4, 2020, another cryptocurrency news came out of India as information from the country says cryptocurrency bill has been forwarded to the relevant ministry to look into the legal framework. It’s unknown if the legal framework would be in favour of cryptocurrency trading or place a total ban on it in India.

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VIDEO: ETH 2.0 Medalla Testnet Launched With 20, 000 Validators

The much-anticipated ethereum 2.0 Medalla testnet has been launched, according to the Ethereum Foundation in a video clip posted on its official YouTube Channel on Tuesday, August 4, 2020 Medalla is the final testnet before the launch of the Eth 2.0 network, which is tentatively expected by year’s end, Ethereum Foundation’s Hudson Jameson said in several tweets.

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