New zero-KYC proposal aims to secure P2P crypto transactions
A Reddit user’s draft proposal aims to prevent MitM scams in P2P cryptocurrency markets by securing transactions without KYC.
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Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market. 1019 Total views 5 Total shares According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According to a June 22 report from Economic Times, analysts are inferring…
Telecoms protocol from 1975 exploited to target 20 crypto executives
At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month. 2239 Total views 16 Total shares Hackers compromised the Telegram messenger and email accounts of multiple cryptocurrency executives last month by exploiting a vulnerability in a decades old protocol. The fraudsters are believed to have…
Chainalysis unveils Operation Spincaster, combatting $2.7B in crypto scams
Chainalysis launched Operation Spincaster in April, which targets “approval phishing” scams through education, tools, and training.
An Official North Dakota Cryptocurrency Could Be on the Horizon
Following the early 2019 initiation of North Dakota's deep dive into blockchain use cases, a state representative who was a leader in the study, mentioned a future digital asset concept for the region. Rep. Nathan Toman says that he desires a "North Dakota coin" He believes that such an asset could potentially help the struggling…
CFTC reportedly mulling accepting digital assets as trading collateral
The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market.
US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme
The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, fintech news outlet FinanceFeeds reports June 18.On June 17, the regulator reportedly filed a complaint with the New York Southern District Court against now-defunct United Kingdom-based entity Control-Finance Ltd, which reportedly defrauded more than 1,000 investors…
Bitcoin mining can help reduce up to 8% of global emissions: Report
The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions. 787 Total views 21 Total shares A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition. IRM Energy and Renewables Group members Dylan Campbell and
WEF’s Sheila Warren: Mass Adoption Depends on Bridging Digital Divide
The Head of Blockchain at the World Economic Forum says people excluded from traditional financial systems will help drive mass adoption. 500 Total views 3 Total shares The World Economic Forum’s head of blockchain and data policy, Sheila Warren, says that people who have turned away, or been excluded, from traditional financial systems are the…