Category: Cryptocoin

  • Piece of Cake: Cryptocurrency ATM Stolen in Bakery Break-In

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    By CCN.com: Crypto thieves have shown that theft can sometimes be a piece of cake. Taking the phrase “get the dough” to the next level, a cryptocurrency ATM machine was audaciously jacked from a bakery in California last week. The theft took place at the Belwood Bakery in Brentwood Village, Los Angeles, and is the latest […]

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  • Samsung Galaxy S10 Could Expose Crypto to Millions of Tech Savvy Users

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    This week, images were leaked potentially giving the world its first glimpse at South Korea-based tech giant Samsung’s flagship smartphone, the Galaxy S10. Among the images, was evidence that Samsung could be ready to launch a crypto wallet to store cryptocurrencies like Ethereum, and a blockchain explorer service called Samsung Blockchain KeyStore. While the leaked […]

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  • Was November the Last Big Bitcoin Sell-Off? Trader Expects Slow Grind in 2019

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    By CCN.com: According to a trader and crypto technical analyst, November 2018 may have been the last sell-off of Bitcoin and a long consolidation period is expected throughout 2019. Since experiencing a steep 13 percent drop on January 10 from $4,036 to $3,502, the Bitcoin price has been relatively stable in a tight range in mid-$3,000. What Does […]

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  • Leaders of South Korean Crypto Exchange Komid Jailed for Faking Volume: Local Media

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    Two leaders of the South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes, Korean crypto media outlet blockinpress reports on Jan. 18. The exchange’s CEO, surnamed Choi, received a three-year sentence, while another company leader with an unspecified role was purportedly sentenced to two years imprisonment for fraud, embezzlement and misconduct, the article […]

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  • Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report

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    The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17. Citing the vice chair of SET’s board of governors, Pattera Dilokrungthirapop, — аlso chair of the Association of Securities Companies — the report revealed that the national stock exchange plans to apply for a digital […]

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  • South Africa’s Central Bank Proposes Rules for Crypto Companies

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    Crypto exchanges and wallet providers would have to register with regulators under rules proposed by South Africa’s central bank. In a consultation paper published Wednesday, the South African Reserve Bank (SARB) said that regulatory action on crypto assets needs to be prioritized to protect consumers and investors, stating that consumers “are left vulnerable as sellers of crypto […]

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  • Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens

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    Bitcoin Association Switzerland board member Luzius Meisser says he believes the next wave of crypto innovation will focus on stablecoins and security tokens. Meisser made his remarks during an interview with Cointelegraph’s correspondent during the Crypto Finance Conference in St. Moritz, Switzerland on Jan. 16. Meisser is a computer scientist and economist who co-founded the Bitcoin Association […]

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  • NZ Exchange Cryptopia Reports Hack With ‘Significant Losses’

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    New Zealand digital assets exchange Cryptopia has suspended services after detecting a major hack that has reportedly “resulted in significant losses,” according to a tweet posted today, Jan. 15. The exchange revealed in the tweet that the hack occurred yesterday, Jan. 14. The platform had initially informed the public it was undergoing unscheduled maintenance, issuing several similarly laconic updates before today’s official disclosure of the breach. […]

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  • Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

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    Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14. The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new regulation classifies digital currencies, tokens and crypto-assets as securities, placing them under the Securities Commission’s authority. Starting […]

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  • Google Reportedly Blacklists ‘Ethereum’ as a Google Ad Keyword, Startup Claims

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    Google (Alphabet Inc.) has reportedly blacklisted keywords mentioning Ethereum (ETH) on its advertising platform Google Ads, smart contract auditing startup Decenter tweeted on Jan. 10. The official Google Ads account replied to the tweet stating that cryptocurrency exchanges targeting the United States and Japan can be advertised on the platform, and that targeting other countries could be the reason for the ad […]

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