Crypto

Cryptocurrency ATMs

Cryptocurrency ATMs will now require a license in this US state

Cryptocurrency ATMs in Nevada will now require a license from the Nevada Financial Institutions Division (NFID). This decision follows as State legislators failed to approve Senate bill No. 195 that proposed the licensing of crypto ATMs businesses…

US House of Representatives

US House of Representatives gets new crypto tax bill

United States House of Representatives has introduced a tax bill that will allow the exclusion of gain or loss on like-kind exchanges of virtual currency. The bill is called ”virtual value tax fix act of 2019”. Ted Budd, a Republican Congressman from North Carolina, decided to reintroduce this crypto tax bill.

Bitcoin Price in Zimbabwe

Bitcoin Price in Zimbabwe Touches A Whopping $76,000

Though bitcoin value is hovering in & around $10,000 for the rest of the world, in Zimbabwe 1 bitcoin bears a value of $76,000. Recently, there has been a ban imposed on local trading in foreign fiat currencies. , If someone is buying Bitcoin from outside of the nation he is seeing the asking price for a bitcoin is over $50,000…

G20 finance ministers ask for multilateral response to crypto.

G20 Finance Ministers Request Regulators To Monitor Risks On Crypto

A joint request was made on June 9th to the Financial Stability Board (FSB) and global regulators. The G20 finance ministers and central bank governors requested for tracking the crypto related risks. It was presented on a joint declaration posted on the website of the Ministry of Finance, Japan.  The communique was released after the […]

Malware In The Crypto Trading

Indian Police Unearth Multi-million Dollar Cryptocurrency Scam

The scene of cryptocurrencies is quite bleak in India. Adding to the woe every other day some crypto scam is popping up in the region which further tarnishes the notion of crypto in the public. The Criminal Investigation Department (CID) in Gujarat has unearthed a multi-million dollar cryptocurrency scam. A certain Diveysh Darji has duped […]

BlockFi

BlockFi Now Supports The Gemini Dollar Accounts

The digital asset management firm BlockFi now supports the Gemini Dollar (GUSD) accounts. This news comes from the official website of BlockFi. The information further notes that these interest-bearing accounts will witness an annual turnout of 6.2%. The firm also renders GUSD as the U.S. dollar funding option. It can also act as collateral from […]

BlackSquid

Baltimore Ransomware Attack: Google Suspends Official’s Gmail

The Baltimore ransomware attack event is far from over. Apparently, it’s taking a new turn as Google disables the Gmail accounts of the government workers. When the ransomware hit, every system was disrupted. The government domain emails were disabled, so backup Google mail accounts were set up. however, Google cites that email accounts for government […]