A mysterious fire burned down $10M worth of equipment, affecting Bitcoin prices around the world A mysterious fire broke out in one of the largest bitcoin mining farms in China, destroying mining equipment worth millions of dollars, according to reports. The curious incident took place in a data-mining center operated by Innosilicon, and was brought […]Continue Reading
After the 26 European Central Banks’ controllers demanded Facebook will answer questions regarding their planned ‘Libra’ cryptocurrency, Singapore’s Central Bank calls for a global coordinated approach After a rocky start to its cryptocurrency launch, the last month seems to be the hardest one yet for the Facebook’s Libra currency. Earlier this month, the French Finance Continue Reading
The tech giant will be the latest to release a blockchain device later in 2019 Samsung has announced that it has built a new blockchain version of its Galaxy Note 10 smartphone. The new device will allow its users to store cryptocurrencies directly on their phone. The new device, which will be called the KlatynPhone, […]Continue Reading
The colorful founder of China’s first bitcoin exchange announces his intentions to launch China’s first Crypto Wallet with his new company Bobby Lee, founder of China’s first bitcoin exchange BTCC has announced his return to the market by launching his new startup – Ballet – a company building e-wallets. In a reent interviews to Yahoo […]Continue Reading
Thai man touted ‘CryptoCurrency Wizard’ was arrested for stealing $16 M from investors The Thai police arrested Mana Jumuang, known professionally under the pseudonym ‘CryptoCurrency Wizard’ in Bangkok last week. Jumuang, 48 years old, was a well-known member of the cryptocurrency circles in the Thai capital, making a name for himself as a gifted investor […]Continue Reading
Indian cryptocurrency enthusiasts challenge the government’s policy in a pivotal Supreme Court ruling. Cryptocurrency has been extremely popular in India since it broke into the financial scene. In a country tormented by a rigid class system, a decentralized currency, and new and exciting investment options were everything millions of Indians were waiting for. The Continue Reading
Indian Police have learned about a massive $68 M Bitcoin scam, only after the leader of the scammer’s gang was beaten to death by his co-conspirators. Police in the Indian state of Uttarakhand has learned about the Bitcoin scam, one of the biggest in India in recent history, only once the leader of the scammers, […]Continue Reading
The Corporate Regulator wages war on Forex and Binary Options trading, endangering investors. Investments Commission (ASIC) has released an official paper stating it is considering heavy restrictions on various ‘Contracts for Difference’ (CFD) investments – including Foreign Exchange trading to Australians. Earlier this year, the Australian Broadcasting Corporation (ABC) Continue Reading
Bitcoin scammers used the name and imagery of legendary former Singaporean PM to lure victims. Cryptocurrency scams have been plaguing internet users for years now. While it is an international phenomenon, in Singapore it seems to be occurring on a higher rate than most other developed countries. On July 31, the Singaporean Monetary Authority (MAS) […]Continue Reading
A scam targeting iPhone users is the latest in a long string of scams targeting the Singaporean public. Singaporean Police has issued an official warning to the public on July 19, warning about a particular scam targeting Singapore’s many iPhone users. According to the press release issued by the police: “the police would like to […]Continue Reading