A 61 year old Chinese grandmother will go behind bars for 4 months for stealing electricity while mining Bitcoin. On top of the sentence, the elderly Bitcoin enthusiast Qiuping Tang will also pay a fine of 10,000 Yuan ($1,500) for…
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Hamas ups Crypto game with the creation of multiple wallets
Hamas has been upping its crypto game of late, with its military wing- Izz el-Deen al-Qassam brigades- reportedly soliciting Bitcoin in a way that deters tracking. Hamas has had a funding problem for a while now, with its sympathizers unable…
Thailand: calls for strict regulations intensify as crypto fraud thrives
At a time where crypto regulators are burning the midnight oil in efforts to seal loopholes in the market, fraudsters are reported to be migrating to jurisdictions where rules governing the space are either conspicuously inconsistent or non-existent at all.…
$65 billion crypto wipeout: what you need to know!
Within the past seven days, the crypto market has been slashed $65 billion in a trend that saw major coins including Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) plunge in market values with some assets losing up to 50%…
Blockchain attorney: “No correlation between SEC’s actions and bitcoin prices!”
The bear effect in the crypt market has proved persistent with frequent market blips giving investors a run for their money. The recent action by the US financial regulatory watchdog SEC on two ICOs (AirFox and paragon) has seemed to…
A UK-based money management startup Emma rolls out support for cryptocurrencies
Emma, a millennial-focused money management app popularly known as the “financial advocate” within the UK is expanding its territory to the crypto world by introducing a crypto management feature in its system. Emma technologies is the company underpinning the Emma…
The Secret State: North Korean largest hack-crew scoops $571 million in Crypto-currency thefts
A report indicates that North Korea’s hacking outfit dubbed ‘Lazarus’ has made away with $571 million in cryptocurrencies across five attacks. Since 2010, a total of over $1.3 billion in cryptocurrencies have been lost to internet baddies with 2017 and…
Opinion court: is institutional investment in crypto taking shape?
Institutional investment in the cryptocurrency market is a topic which for a long time now, has had its fair share of proponents and opponents. At least not until emerging reports indicated that Yale, one of the world’s largest university endowments,…
A wait and see the scenario as Bitfinex announces a major Partnership with a London-based banking giant HBSC
On Saturday 6th October, the Block, through its lead analyst Larry Clement, announced Bitfinex’s success in obtaining a partnership with HBSC, a London-based banking giant with a net worth of approximately $133 billion. The report indicated that Bitfinex would be…