‘Uptober’ builds strength as Bitcoin held on exchanges falls to 6-year low

A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. 92 Total views 14 Total shares Kirill Pronin, head of Russian Central Bank (CBR)’s Department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. A public acknowledgment like this…

BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators.

Authorities across Europe take down an organized crime syndicate that used an encrypted chat network to coordinate their illicit activities. 2308 Total views 22 Total shares Law enforcement authorities throughout Europe arrested over 800 individuals that allegedly were using an encrypted chat network to coordinate their illicit activities.60,000 membersEncroChat was using modified Android devices to…

FIX Network is partnering with NEM to provide a solution that prevents SIM swapping. 1467 Total views 24 Total shares In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem.According to NEM, they’re working…

Craig Wright's legal team appears to alleged that he controls one of the Bitcoin addresses affiliated with an old Mt. Gox hack. 266 Total views 2 Total shares One of the faces of anonymous coin Monero, Ricardo Spagni, also known as Fluffy Pony, tweeted out information indicating Craig Wright's affiliation with a Mt. Gox-related Bitcoin…

The operator of now-defunct Bitcoin (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry news outlet FinanceFeeds reported on July 12.The proceedings against Montroll began last year. In July 2018, Montroll pleaded guilty to obstruction of justice, admitting…

NChain chief scientist and Bitcoin SV (BSV) proponent Craig Wright has filed a libel claim in the United Kingdom against cryptocurrency podcaster Peter McCormack. The podcaster tweeted a photo of the legal notice on April 18.The reason provided for the claim is that McCormack accused Wright of fraud and falsely claiming to be Satoshi Nakamoto,…

Cybersecurity certification platform CER said the vast majority of wallets do not hire outside experts to perform penetration tests. 263 Total views 7 Total shares A July report from cybersecurity certification platform CER found that only six of 45, or 13.3%, of cryptocurrency wallet brands have undergone penetration testing to find security vulnerabilities. Of these,…

Apparently r/Wallstreetbets doesn’t “bow to cryptocurrencies.” 4484 Total views 20 Total shares r/Wallstreetbets, or WSB, a subreddit famous for organizing a pump for Dogecoin (DOGE) and the GameStop short squeeze, is enacting a crypto discussion ban after officially allowing the topic for a single day.Subreddit moderator u/bawse1 announced Thursday that WSB has now banned crypto discussions…