Dark web market owner arrested in New York after FBI traces crypto
The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name.
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Japan’s GMO Internet Sees 45% Cryptocurrency Profit Dip for Q1 2019
Japanese internet giant GMO Internet Group saw its cryptocurrency profits drop in Q1 2019 amid market weakness, Cointelegraph Japan reported, quoting a new statement on May 10.GMO, which in December 2018 withdrew from bitcoin miner production due to the fall in bitcoin (BTC) prices, saw revenues of 12.9 billion yen ($117.4 million) in Q1, compared…
3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry
Investors were surprised by Bitcoin (BTC) price falling to $25,500 on May 12, and this shock extended to options traders. The strong correction was not restricted to cryptocurrencies and some large-cap stocks faced 25% or heavier weekly losses in the same period.Growing economic uncertainty impacted S&P 500 index members like Illumina (ILMN), which declined by…
As Trump Talks Trillions, Binance CEO Predicts $2T Bitcoin Market Cap
After United States President Donald Trump first mooted a $1 trillion stimulus package for the U.S. economy in the wake of the coronavirus outbreak, people were shocked at what seemed like a gargantuan amount.As Cointelegraph reported a few days later on March 25, a bipartisan deal has been agreed for twice that figure and it…
Digital art project sells out $10M in NFTs in four days
Early adopters have scooped up over 15,300 Hashmask NFTs as one "card" has gone on sale for 97 ETH. 2810 Total views 12 Total shares Hashmasks, a new non-fungible token project has raised over 7,600 ETH (about $10 million) from the sale of more than 15,300 digital collectible cards.The owner of Hashmasks #1 has sold…
Filecoin Testnet to Launch in December — Mainnet in Q1 2020
Decentralized file hosting protocol Filecoin announced in a post published on its blog on Sept. 24, that its alphanet will be launched tomorrow, testnet on Dec. 11 and mainnet in Q1 2020.“These windows are best estimates”However, the Filecoin team acknowledges that “these windows are best estimates, and could potentially slide.” Per the announcement, this year the…
Voyager Digital acquires crypto payments company Coinify
"As the adoption of cryptocurrency payments gains momentum, the acquisition of Coinify brings a global payment infrastructure to Voyager's digital asset ecosystem," said Voyager co-founder and CEO Stephen Ehrlich. 408 Total views 5 Total shares Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash…
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. 101 Total views 1 Total shares Public attitude towards cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the initial findings of a new survey.The survey
Dubai, Emirates NBD Sign MoU on Blockchain Trade Finance Solutions
The Dubai Chamber of Commerce and Industry (DCCI) has signed a memorandum of understanding (MoU) with Emirates NBD.Middle Eastern news daily Saudi Gazette reported on Oct. 14 that the DCCI, which acts as an international business hub in Dubai, has signed an MoU with Dubai government-owned bank, Emirates NBD. The bank, which is one of the…