Read More

Bitcoin Arbitrage Scams Run Rampant in China with Over 15,000 ETH Swindled in “Huobi Arbitrage Scam”

Jun 24, 2019

As bitcoin is continuing its rally in price over the past three months to break the $10,000 mark, crypto-related scams are making a comeback. A number of Telegram users complaint that they have been duped into the “Huobi HT arbitrage” scam, according to CoinHunter, a platform tracking stol...

Read More

G7-Backed FATF Ups Crypto AML Measures Ahead of V20 Meeting

Jun 24, 2019

Ahead of the V20 Summit (held alongside the G20 Summit) later this week, the Financial Action Task Force (FATF) has introduced new proposals that aim to set new international standards for crypto businesses. The global body set up by G7 group of countries in response to the threats ...

Read More

Unveiling Facebook’s Libra Wasn’t Supposed to Benefit Crypto

Jun 22, 2019

It may not be directly connected but since the unveiling of Facebook's Libra crypto project on Tuesday June 18, the price of Bitcoin has been nudged to over a 400-day high. As at this writing, Bitcoin dominance of the crypto market has risen to 58% according to Coinmarketcap while the price...

Read More

Lightning Network Mainnet Goes Live on iOS, Android

Jun 20, 2019

The mainnet alpha of the Lightning Mobile App for iOS and Android, the first on all major platforms, has been released. The Bitcoin mainnet in alpha release, for iOS (on Testflight) and Android (on Google Play), is set to  complement the recently launched Lightning App on desk...

Read More

Facebook’s Libra vs. Alipay and QQ Coin, BTC and ETH

Jun 20, 2019

Social media behemoth Facebook’s foray into the cryptocurrency space has triggered great discussions around the world with the release of the whitepaper on its cryptocurrency Libra. 8btc, the earliest and biggest bitcoin social media site in China, invited a line of crypto KOLs (Key Opi...

Read More

Entrapment E-mail were Sent to Several Exchanges, blackmailing for BTC

Jun 19, 2019

Recently, a number of crypto exchanges received entrapment e-mails. The blackmailer sent an e-mail or telegram message to the exchange claiming that there were bugs in the exchange which might result in breakdown once attacked. The blackmailer said in message that if the exchange want to obtain b...

Read More

Chinese Finance Experts Raise Concerns over Facebook Libra’s Threat to the Country

Jun 19, 2019

Facebook has revealed the whitepaper for the much-hyped Libra coin on June 18. Upon its release, Facebook Libra coin has been trending among the top topics on social media platform Weibo (Twitter equivalent in China), with many cryptocurrency buffs and finance experts commenting and retwee...

Read More

CoinMarketCap Transparency: 70% of Exchanges Complied With Exchange Data Request

Jun 19, 2019

Leading cryptocurrency data provider CoinMarketCap has announced that 70.3 percent of the exchanges listed on its platform have complied with its mandatory exchange data requests aimed at boosting transparency in trade volume reporting. 95 percent of the trade volumes reported by CoinMarket...

Read More

Following Wave of Shutdowns, Remaining Darknet Markets Fill the Void (Again)

Jun 18, 2019

“Major darknet markets come and go in eras,” I wrote back in April 2019, as several of the biggest online drug bazaars were shuttering. A wave of law enforcement actions followed shortly after. Wall Street Market and Valhalla, as well as coin mixing service Bestmixer.io and even darknet-f...

Read More

Asian Markets’ Appetite for Cryptos on the Rise, Pushing Bitcoin Premium Surge

Jun 18, 2019

Bitcoin has surged above $9,000 to set a fresh year-to-date high since Sunday. The uptick momentum is still going on these days. Amid the bullish trend in bitcoin market, bitcoin’s popularity seems to be on the rise, particularly in Asian markets. According to crypto analyst Mati Greensp...