Bitcoin open interest exceeds $40B amid brush near $70K
High open interest signals more leverage, which could induce another flush-out if positions are liquidated.
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India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
The country wishes to see all crypto activities take place on platforms regulated by SEBI. 1608 Total views 20 Total shares On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government's crypto policies could range from a maximum fine of 20 crore rupees ($2.7 million dollars) or 1.5 years in…

US authorities launch page to notify FTX’s alleged victims about SBF’s case
According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification. 216 Total views 22 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe United States Attorney’s Office for the Southern District of New York has launched a page…

First cryptocurrency fund approved in Switzerland
The fund tracks the performance of the 10 largest cryptocurrencies from SIX Swiss Exchange’s Crypto Market Index 10. 1437 Total views 21 Total shares Cryptocurrency adoption continues gaining momentum in Switzerland as local financial authorities grant more regulatory approvals for crypto investment instruments.The Swiss Financial Market Supervisory Authority (FINMA) has approved the Crypto Market Index…

Japanese Crypto Exchange DeCurret Issues $25 Million in New Shares
DeCurret, the exchange promoting cryptocurrency to be used as a payment method for Japan’s massive public transportation system, just restructured its capital.According to an April 10 press release by the crypto exchange, DeCurret announced that it had issued new shares worth 2.75 billion yen — approximately $25 million — in a third-party allocation of shares.…

The COVID-19 Global Pandemic Raises Serious Privacy Problems
The headlines are scary. Millions of infections — over 170,000 deaths. Nothing will ever replace the lives lost or bring back pre-COVID-19 “normal” again. While our hearts and deepest sympathies go out to everyone whose life has changed due to this pandemic, there are long-term implications that, for those of us in the business of…

House on a hill: Top countries to buy real estate with crypto
The mainstream adoption of cryptocurrencies has brought immense potential to the fintech industry, and some of the capabilities have spilled over into the real estate market. Subsequently, the real estate sector is evolving to accommodate a new crop of investors who prefer making payments using crypto.The trend of investing in real estate with crypto gained…

Bit.ly Says It ‘Does Not Block Cryptocurrency Sites,’ Fixes Links For Andreas Antonopoulos’ Book
On November 3, renowned Bitcoin advocate, Andreas Antonopoulos, took to Twitter to claim that URL shortening service, Bit.ly (Bitly), had blocked crypto-related links from his upcoming book.Cointelegraph has reached out to Bitly, and learned that the links “had been inadvertently blocked,” while the company has reportedly resolved the issue. Nevertheless, crypto-related bans still exist in…

Crypto Mining Malware up Over 4,000% in 2018, Says McAfee Report
Cryptojacking malware activity rose by over 4000 percent in 2018, according to a new quarterly report published by cyber security firm McAfee Labs, Dec. 18.Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. The McAfee statistic of over 4000 percent specifically refers to total…