bitcoin news

coinfloor now focuses on consumer btc services

Crypto Exchange Coinfloor Now Focuses on Consumer BTC Services

While the crypto community is talking about “altcoin season”, one of the world’s oldest crypto exchanges (Coinfloor) is calling BS on everything that is not BTC. After turning into a Bitcoin (BTC)-only exchange, the United Kingdom’s oldest cryptocurrency exchange Coinfloor is now expanding its consumer BTC services. Focused on Bitcoin, the world’s first-ever cryptocurrency exchange, […]

Blockchain for the environment

Blockchain for the Environment: It’s Real and It’s Here

Every week sears a new image of climate change into our collective consciousness. A few decades ago, we heard about ozone holes and ice melting at slightly higher rates than anticipated. Today, the reminders of climate change are more visceral and immediate: California’s hills and forests burn, Venice’s city council chamber floods, and Iceland holds […]

Israeli banks shouldn't deny services to crypto firms

Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General

Israeli banks shouldn’t deny services to firms involved with cryptocurrencies, according to Israel’s attorney general Avichai Mandelblit. Instead of halting financial services for all crypto firms, banks should closely examine each case for indicators of money laundering risks or other illicit financial practices, Mandelblit told the Tel Aviv District Court. Mandelblit’s stance purportedly opposed to […]

Irish High Court seizes $56 million in bitcoin

Irish Court Seizes $56 Million in Bitcoin From Alleged Drug Dealer

An alleged drug dealer lost $52 million euro (over $56 million) in Bitcoin after the Irish High Court ruled that they were criminal proceeds and should be confiscated. Local news outlet independent.ie reported on Feb 19 that the court accepted that Clifton Collins was involved in drug trafficking. Collins didn’t content the Criminal Assets Bureau’s […]

Crypto Trading vs. Forex Trading

How Crypto Trading Is Different from Forex Trading?

In the early days of blockchain, many see cryptocurrency trading as merely exchanging a few dollars of Bitcoins (BTC). The birth of other tokens and the high volatility in cryptocurrencies have led many traders to speculate by buying a few coins through exchanges in hoping the value will increase for the sake of profit. In […]

bitcoin scammers target users using Google AdSense

New Email Extortion Scam Targets Google AdSense, Demands Bitcoin

A new extortion scam targeting website owners serving banner ads through the Google AdSense program has begun circulating the internet. The malicious scheme demands Bitcoin in exchange for preventing an attack, which would purportedly lead to the users’ AdSense account suspension. The email-based extortion scheme was first reported by security news and investigation block KrebsOnSecurity […]

Binance Singapore applies for license

Binance Singapore Applies for a License under the Country’s New Law

The Monetary Authority of Singapore recently opened its doors to crypto by introducing the Payment Services Act. This policy is intended to regulate cryptocurrency payments and trading using regulations that currently govern traditional fiat payment services as a guideline. Any interested parties must apply for the appropriate licenses in Singapore, including a standard payment institution […]

zermatt now allows users to pay taxes using bitcoin

Swiss Zermatt Municipality Accepts Bitcoin for Tax Payments

Bitcoin for tax payments is getting widely popular. Recently, the Swiss Municipality of Zermatt and Bitcoin Suisse partners. The joint venture aims to allow residents of Zermatt to pay their taxes with Bitcoin. This makes Zermatt the third municipality in Switzerland to accept crypto for tax payments. In addition, municipalities of Zug and Chiasso also […]

UK High Court freezes $1million bitcoin in ransomware case

UK High Court Freezes $1M of Bitcoin in Ransomware Case

A UK High Court ordered a proprietary injunction on Bitcoin obtained through a ransomware attack on a Canadian Insurance Company. The proprietary injunction is an order which prevents a person from dealing with their own assets when it is subject to a proprietary claim. The UK High Court releases documents concerning a ransomware attack on […]

crypto cybercriminals

UK’s Tax Agency Wants to Deploy a Tech Tool to Combat Crypto Cybercriminals

To win over crypto cybercriminals, the UK’s tax authority HM Revenue and Customs (HMRC) wants to deploy a tech tool. The tool can help it identify cybercriminals trading in cryptocurrencies. It will be purely based on blockchain technology to effectively combat crypto cybercriminals. For this reason, the tax agency from Britain is now inviting suitable […]