Archives for: November 1st, 2021

The Bitcoin white paper turns 13 years old

Written by: ( November 1, 2021 )

The 14th birthday celebration of the Bitcoin (BTC) white paper has crawled up as the world keeps on managing a worldwide pandemic, expansion fears, an astonishing memecoin lunacy pattern and developing institutional reception of the cryptocurrency space. 13 years ago, on October 31, Satoshi Nakamoto delivered the BTC white paper to a cryptocurrency mailing list […]

Bitfinex to test new AML tool to ensure FATF compliance

Written by: ( October 28, 2021 )

Digital currency exchange Bitfinex is getting ready to try out a novel Anti-Money Laundering (AML) instrument on its platform. The firm reported Wednesday that it will test a new arrangement intended to work within the guidelines of the “Travel Rule,” an AML and Counter-Terrorism Financing guideline for financial establishments presented by the Financial Action Task […]

Teen scammer in the UK has $2.7 million in cryptocurrency seized by police

Written by: ( October 27, 2021 )

A teenager in the UK who set up a phony site as a feature of a “complex digital misrepresentation” has had more than £2 million ($2.7 million) of cryptocurrency seized by police. The unidentified 17-year-old used the site to trick clients of a digital gift card site into entering their details. He took £6,500 ($8,923) […]

New payments solution brings cryptocurrency more mainstream

Written by: ( October 25, 2021 )

ACI Worldwide, a supplier of real-time payment solutions, has announced a new partnership with RocketFuel Blockchain, Inc. The latter is a global supplier of cryptocurrency-based payments, and the new arrangement will see ACI, through its Secure eCommerce platform, offer RocketFuel’s payments solution directly, empowering vendors around the world to accept digital currency payments. RocketFuel offers […]

Mt. Gox rehabilitation plan approved; creditors could receive billions of dollars

Written by: ( October 21, 2021 )

Creditors from the long-dead cryptocurrency exchange Mt. Gox have given their support for a recovery plan that could remunerate them for billions in lost Bitcoin (BTC). Per a Wednesday declaration from Mt. Gox trustee Nobuaki Kobayashi, almost 100% of the creditors impacted by the breakdown of the Japan-based exchange agreed to the draft recovery plan […]

Pakistan court orders government to implement cryptocurrency regulations

Written by: ( October 20, 2021 )

The High Court of Sindh (SHC), the leading court in the Sindh Province in Pakistan, wants the government to move on cryptocurrency regulations. According to Pakistani English media outlet The Express Tribune, the SHC gave the guidance while hearing a request brought under the steady gaze of the court testing the lawfulness of the country’s […]

Cryptocurrency market cap breaks the $2.6-trillion mark

Written by: ( October 18, 2021 )

Over the course of the end of last week, the market capitalization of the entire cryptocurrency market surpassed $2.6 trillion, as per information from CoinGecko. This returns it at levels last seen in May, when Bitcoin (BTC) first bested the $60,000 mark. Since breaking over this figure, the size of the market has marginally declined […]

Independent musicians can now be paid in cryptocurrency

Written by: ( October 14, 2021 )

UnitedMasters has entered into a new essential partnership with cryptocurrency platform Coinbase. The arrangement gives independent musicians and other artists the choice to be paid through Coinbase’s finance item. As per a public statement, the objective of this partnership is to give more freedoms to the artists using UnitedMasters, and to help specialists keep control […]

Coinbase users possibly lose millions of dollars following hack

Written by: ( October 5, 2021 )

Coinbase, the cryptocurrency exchange where users can purchase, sell and store cryptocurrency, has announced that more than 6,000 clients were casualties of a designated mission to access their accounts. The mission succeeded following a mix of phishing assaults, leading to a blemish in Coinbase’s two-factor approval framework. While no specific data on the amount of […]

Brazil to crack down on cryptocurrency-related financial crimes

Written by: ( October 4, 2021 )

Brazilian officials are attempting to give stricter guidelines to cryptocurrency-related violations, supporting a bunch of new penalties for laundering cash with digital currency. Brazil’s Special Committee of the Chamber of Deputies has supported a bill that essentially applies harsher punishments for financial crimes that utilize digital currencies. The most recent administrative corrections are important for […]