Search Results for: crypto

The Number of Active Crypto Traders in Japan Decreased in March

Before the state of emergency was formally declared slowing the pandemic spread in Japan. Total crypto-exchange activity decreased as fiat deposits peaked. The number of active crypto accounts registered in the country decreased from 2.048.501 in February to 2.044.806 in March. According to data published by the Japan Virtual and Crypto Asset Exchange Association (JVCEA) […]

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

A group of hackers linked to the North Korean regime kept their efforts at crypto-extortion alive in 2020. According to a report published by Chainalysis, a group of North Korean hackers operating under the name “Lazarus” targeted several crypto-exchanges last year. One of the attacks involved creating a fake trading bot that had been offered […]

Crypto Entrepreneurs Sue Google, Facebook, Twitter, Made Multiple Demands

Amid Google’s recent crypto advertisement ban on its YouTube, Instagram, and Twitter video-sharing platform. A law firm representing crypto founders. And investors alleging their company was harmed as a result of the ban is now bringing the tech giants to court in Australia. The news of the class-action case that might end up costing hundreds […]

Kazakhstan Needs National Crypto to Combat Corruption, Local Official Says

The chairman of the anti-corruption agency in Kazakhstan has called on the government to create a national digital currency in the country to combat corruption. Alik Shpekbayev, chairman of the Republic of Kazakhstan’s Anti-Corruption Agency, has reportedly said that national digital currencies such as China’s digital yuan will lead to a more open financial system. […]

PayPal and Paxos Might Announce Crypto Partnership This Week- Report

The announcement of an agreement between the payments giant PayPal. And the issuer of the popular stablecoin Paxos Standard Token (PAX) could be made this week. PayPal aims to add crypto-trading to its customer base and has chosen Paxos, based in New York, to manage digital asset supply for the new service, CoinDesk reported, citing […]

Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21.

Coincheck Crypto Exchange Will Soon Offer Support for Bat Token

Cryptocurrency exchange based in Japan Coincheck will soon be offering support to BAT token holders. The virtual currency exchange will make Brave ‘s Basic Attention Token (BAT) available for trading starting on 21 July, according to Monex Group ‘s announcement on 13 July — the owner of Coincheck since its acquisition in 2018. Following the […]

Crypto Scams Are Skyrocketing in 2020 Compared to 2017 Statistics

Whale Alert, the blockchain tracking and analytics platform, has revealed that scammers have stolen more than $38 million worth of Bitcoin (BTC) over the last four years. It could hit new heights by the end of 2020 Research by Whale Alert, which relies on data from the crypto scam monitoring platform, Scam Alert, shows that […]

Crypto Tax in South Korea Could Increase to 20% for Capital Gains

A crypto-related tax bill was recently discussed by South Korean private sector members. It is expected to impose a tax on capital gains on cryptocurrencies. Members indicated during those discussions on 13 July that crypto-earnings taxes could rise to as much as 20%. Cryptocurrencies could be considered “goods” The proposed amendments to existing legislation also […]