Archives for: October 1st, 2021

Europe has the largest cryptocurrency market, but it isn’t led by Bitcoin

Written by: ( October 1, 2021 )

The universe of cryptocurrency is refocusing in 2021, following a few unpredictable years. Currently, the value of the worldwide digital currency market has surpassed $2.07 trillion, as indicated by CoinGecko, which tracks in excess of 8,800 coins. According to other information by Chainalysis, Europe is the world’s biggest cryptocurrency market, with interest in Decentralized Finance […]

Newly-identified malware can steal cryptocurrency, personal information

Written by: ( September 29, 2021 )

A digital security company has identified a malicious spam campaign created to spread BluStealer, a type of malware designed to steal cryptocurrencies such as Bitcoin, Ethereum, Monero, and Litecoin. Avast Threat Intelligence researchers have discovered a spike in malware activity this month that uses the platform of two major companies, DHL shipping and Mexican company […]

Twitter’s cryptocurrency tipping feature now live on iOS

Written by: ( September 27, 2021 )

Twitter has fulfilled its goal of adding a cryptocurrency tipping feature to the social media platform. In an announcement late last week, the tipping jar has been activated for iOS devices, allowing all users to tip others on the platform. Support for Android users is expected to come in the following weeks. Anyone using an […]

China just banned all cryptocurrency, except its own

Written by: ( September 24, 2021 )

China’s top regulators escalated the country’s crackdown on cryptocurrency today, introducing a sweeping restriction on all cryptocurrency exchanges and mining. They hit Bitcoin (BTC) and other significant coins and constrained crypto and blockchain-related stocks; however, forgot to include one. The country isn’t stopping the introduction of its own central bank digital currency (CBDC). Ten offices, […]

Bitcoin.org website hacked, produces $17,000 in losses

Written by: ( September 23, 2021 )

Bitcoin.org, one of the principal sites about Bitcoin (BTC), was hacked and temporarily taken down today. Cobra, the cryptocurrency site’s anonymous curator, reported that Bitcoin.org was compromised, with hackers figuring out how to put up a scam notice that may have led to the loss of at least $17,000. The site has since been restored. […]

PayPal completes cryptocurrency launch in the UK

Written by: ( September 21, 2021 )

PayPal has completed its rollout of cryptocurrency solutions in the UK. The payments company said at the end of last week that it had finished the launch of its crypto capabilities in the country after beginning to introduce access to digital currency in late August. The launch in the UK marks the first expansion of […]

Cuba’s new cryptocurrency laws are now in force

Written by: ( September 17, 2021 )

Resolution 215 of 2021 presented by Cuba’s central bank, the Banco Central de Cuba (BCC), which recognizes cryptocurrencies like Bitcoin (BTC), has now gone into effect. As indicated by Cuba’s state news office, Prensa Latina, the law became official this past Wednesday. With cryptocurrency legitimately recognized by the BCC, BTC and other digital forms of […]

Protestors set cryptocurrency ATM on fire in El Salvador

Written by: ( September 16, 2021 )

Bitcoin opponents and those fighting the approaches of El Salvador President Nayib Bukele have obliterated a cryptocurrency ATM in the country’s capital city. Media source Teleprensa and others posted recordings via social media showing a Chivo-supported teller in San Salvador consumed by flames in the midst of a horde of columnists and dissenters on Wednesday. […]

The Lightning Network arrives on Paxful marketplace

Written by: ( September 15, 2021 )

Paxful, the peer-to-peer digital asset marketplace, wants to improve cryptocurrency transactions on the platform. It announced yesterday that it had adopted the Lightning Network (LN), Bitcoin’s (BTC) layer 2 payment protocol, to facilitate transactions and send BTC “in a matter of seconds with much lower fees.” The LN will reportedly be available across the company’s […]

Cryptocurrency investors won’t pay capital gains tax in El Salvador

Written by: ( September 13, 2021 )

El Salvador will purportedly absolve financial investors from paying capital gains and income taxes on Bitcoin (BTC), per official legal guidance. Javier Argueta, a legal counsel to President Nayib Bukele, is hoping to empower foreign investment through significant tax cuts on BTC, according to French media outlet Agence France-Presse. In the event that an individual […]