Cryptocurrency scams in 2019 had more risk for U.S. residents than fraud involving romance or payments. That’s the conclusion of a recent report by the Better Business Bureau (BBB),…
Tag: cryptocurrency
YouTube Temporarily Bans Two Popular Crypto Channels Claiming Policy Breach – CoinDesk
YouTube has deleted videos and temporarily banned the accounts of two more cryptocurrency enthusiasts citing a breach in company policy. Earlier this week, cryptocurrency educator “Ivan on Tech” and…
Bithumb Taps Chainalysis for FATF-Grade Crypto Investigation Tool – CoinDesk
Cryptocurrency exchange Bithumb is clamping down on suspicious transactions less than a week after South Korea, its home country, moved to enact tough new laws for the virtual asset…
Crypto Lender Babel Hits $380M in Outstanding Loans – CoinDesk
Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February. Flex Yang, co-founder of Babel Finance, said on…
Draper-Backed Exchange in Lockdown Following ‘Sophisticated’ Attack – CoinDesk
Coinhako, a cryptocurrency exchange backed by Tim Draper, has restricted user withdrawals after falling victim to a “sophisticated attack.” The Singapore-based exchange told users Friday that account send functions…
Iranian General Advocates Crypto Use for Skirting Sanctions: Report – CoinDesk
An Iranian general is reportedly calling for the use of cryptocurrency to evade sanctions. Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps’ “Army of Guardians of the Islamic…
Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars – CoinDesk
Cryptocurrency exchange Binance has opened a fiat gateway for Hong Kong dollars. Launched thanks to its partnership with Epay, Binance said on Monday that users can deposit and withdraw…
Binance and Others Are Rushing to Provide Stablecoins to Nigerian Crypto Users – CoinDesk
The Nigerian cryptocurrency market may be on the verge of a local bull run, thanks to newly popularized avenues to the global market. Emmanuel Babalola, Binance’s business manager in…
Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report – CoinDesk
Cryptocurrency exchange FCoin, which revealed its insolvency this week, may have already been leaking bitcoin as early as July 2018 – just two months after its debut. On-chain analysis…
Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining – CoinDesk
Nasdaq-listed Riot Blockchain plans to sell its cryptocurrency exchange RiotX while doubling down on its bitcoin mining businesses. In an announcement on Thursday, the company said it is considering…