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Tag Archives: Cryptocurrency

18,000 Victims Lost 170 Million Yuan on Scamcoin Pyramid Scheme

Jul 31, 2018

lylian

Fraudulent schemes always take advantage of newly-emerged stuff to catch their next wave of prey. Recently, another pyramid scheme under the camouflage of cryptocurrency was busted in China. The scam project named “Zhaoyun gold ('兆云金' in Chinese)” swindled over 170 million yuan ($25 milli...

Vitalik On ETFs, Crypto Adoption

Jul 31, 2018

Olusegun Ogundeji

Ethereum’s co-founder, Vitalik Buterin, has shared his view on the too-much emphasis being placed on the actualization of an Exchange Traded Fund (ETF) for either Bitcoin, Ethereum or any other cryptocurrency. In a tweet, Buterin notes that enough emphasis should rather be on how to...

Thai Regulator Opens Digital Asset Licence Application

Jul 26, 2018

lylian

Thailand Finance Ministry’s has announced a regulatory framework for digital asset licencing which came into force Tuesday on July 24, and interested parties could apply for licences from the Securities and Exchange Commission (SEC), according to local news outlet Bangkok Post. “Exi...

Samsung Denies Cryptocurrency In-store Purchases in the Baltics

Jul 25, 2018

ChloeJiang

A rumor spreads over the cryptocurrency world last week circulated that South Korean electronics giant Samsung would had entered a partnership with obscure Lithuanian blockchain startup CopPay and started to offer digital currency payments for their customers in Baltic states. However, i...

Smartphone Maker Xiaomi Denies Cryptocurrency Shares Selling

Jul 7, 2018

ChloeJiang

Chinese smartphone maker Xiaomi is launching its IPO in Hong Kong. The trading in Xiaomi shares on the Hong Kong stock exchange is expected to commence on 9 July 2018. Recently, Blackmoon, a Cyprus-based crypto company, claimed it offering tokenized shares of Xiaomi. However, Xiaom...