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Russia Proposes a 3-Year Jail Term to Individuals Who Fail to Declare Crypto Holdings to the Tax Authority
Russia's finance docket has recommended a bill that would compel the owners of digital currencies to declare their holdings to tax authorities. Failure to which they will face a jail term of three years. According to the bill, any enterprise or individual that deals...
Phil Anderson, Wisconsin State Senate Candidate Accepts Bitcoin Donation for His Campaign
Wisconsin State Assembly Candidate, Phil Anderson, has stated that he is receiving cryptocurrency donations towards his campaign. According to the official statement by this candidate, the donation will be available through BitPay – a major cryptocurrency payments...
Ripple plans to hire Integration Engineers in London and Dubai to aid RippleNet to expand its Client Network
Ripple, a San Francisco based digital currency revealed its plans to expand its client-based to the United Kingdom and the United Arab Emirates. The company went ahead to announce two vacancies seeking to hire qualified integration engineers in London and Dubai. The...
US-based Payment Process Company Stripe to pay $120,000 fine for Association with $8 Million Crypto Scam
Stripe pays $120,000 to settle claims alleging association with a fraudulent initial coin offering (ICO), PlexCoin. PlexCoin allegedly defrauded its investor of $8 million as the US Attorney’s Office reported (AGO). Twenty-two victims of this fraud were confirmed to...
The UK’s government sets out new Covid-19 restrictions as the Covid-19 New cases reaches 4,926 in 24 hrs.
On Tuesday 23rd September, Boris Johnson UK’s prime minister made announcements to further tighten Covid-19 restrictions for the next 6 months. He urged Britons to strictly observe measures put in place to curb the spread of the virus during this winter period. He...
MicroStrategy Buys 21,454 BTC as a Primary Reserve Asset
Michael Saylor the CEO of MicroStrategy revealed how his company used Over-the-Counter (OTC) trading exchanges to acquire bulk bitcoin at once. In his latest tweet, Saylor said he decided to use OTC instead of crypto exchange because it’s the fastest way to transact...
Silicon Valley Based Cloud Company Announces the Listing of its Coin on Bittrex
Beowulf Blockchain has announced the listing of its coin, BWF, on Bittrex – the global cryptocurrency exchange known for its tight security. According to the company’s statement, the coin will be available on the exchange starting from September 24. The company...
Libra Network Appoints James Emmett (CEO HSBC Bank) as a Managing director starting October 1st
The news about Libra’s newly appointed managing director James Emmett comes alongside the anticipated Libra Launch. Libra Network is one of the key operational units of Libra association and a driving force behind Facebook’s cryptocurrency and will be a lasting...
130 Firms in China Benefits from Vechain Services, as Food Safety Alliance members
VeChain Foundation, a supply chain tracking blockchain project, made headline by joining China Animal Health & Food Safety Alliance (CAFA) in 17th September. VeChain is now the only provider of public blockchain technology in the Alliance with the responsibility...
Twitter CEO Might Convert Part of Corporate $10 Billion To Bitcoin
Twitter CEO Jack Dorsey, might allocate part of the $10 billion corporate funds to purchase Bitcoin in the near future. Willy Woo, a prominent investor has hinted such possible development, citing that Dorsey does not want the money to lose value. $10 billion in...
ROBERT KYOSAKI predicts a “CRASH” in Bitcoin price
Robert Kyosaki, a renowned author of personal finance books (including the bestseller "Rich Dad Poor Dad" has predicted that the Bitcoin will crush in the aftermath of the COVID-19 Vaccine discovery. Kyosaki has always been a supporter of Bitcoin. In August, he made a...
SEC Unravels a Diamond-related Crypto Fraudulent Ponzi Scheme Worth $25 Million
A crypto venture founded by a 51-year-old Jose Angel Aman (a Crypto Coin co-founder from Washington DC) is now under scrutiny by the US authorities after being suspected to be a Ponzi Scheme. The owner has been promoting his crypto scheme as an e-commerce platform...
CFTC Charges 4 Individuals with Alleged $1 Million Bitcoin Investment Scheme
The United States Commodity Futures Trading Commission (CFTC) has pressed charges against four individuals in a $1 million Bitcoin investment scheme. The defendants are alleged to have operated the scheme – Global Trading Club (GTC) – between August 2016 and October...
Binance Sued over Stollen 1,451.7 BTC worth $9 million by Fisco, a Japanese Crypto Exchange
Binance Malta-based crypto exchange is facing legal charges in the Northern California District Court over theft of 1,451.7 bitcoin with an estimated value of $9 million. Fisco ( the owner of Zaif) filed a 33-page complaint accusing Binance of masterminding money...
VeChain, DNV GL jointly releases a Blockchain-based COVID-19 Risk Assessment Solution for Hotels in China
The September 9, 2020 blog post by VeChain and its partner concerning a new blockchain-based risk self-assessment toolkit namely VeTrust at its entry-level made headlines in Shanghai China, and beyond. According to Sunny Lu, co-founder and VeChain CEO said that the...
SEC Fines Rapper T.I. $75,000 Over Alleged ICO Scam
Grammy Award-winning hip-hop star T.I has reached a $75,000 settlement with the U.S. Securities and Exchange Commission (SEC) for promoting fraudulent ICO. The American watchdog charged T.I, whose official name is Clifford Harris, Jr., with the involvement in...
Coinbase CEO criticizes Apple over Coinbase IOS App Censorship
The newly introduced restrictions on Apple Inc. feature limitation on Coinbase IOS app. As we speak users can neither access decentralized finance (Defi) application nor the Coinbase “Earn crypto” feature. In brief, we imply that Apple has prevented Coinbase people...
Bittrex ends to Operation in 7 Countries, Leaving users in Limbo
On September 10, Bittrex users in seven countries woke up with a surprise when they realized they could not log in to their accounts. Upon inquiry, they received the response from the support team informing them that the company could no longer work in their...
Binance CEO Seeks Community Opinion on $20,000 Lost Resulting from BNB Mistake
On September 12, 2020, Changpeng Zhao (CZ), CEO Binance, shared with the community an unfortunate experience of a customer losing BNB worth $20,000 to a wrong address. He asked whether Binance should help someone who sent such an amount to an unintended address. CZ...
Mastercard Launches a Platform to Test the Proposed Central Bank Digital Currencies
As the global economy races to embrace digital payments, Central banks aren't left behind but are keeping the same pace to digitalize their currencies. In connection to this, on Wednesday 10th, September MasterCard launched a virtual testing environment for Central...
Bermuda and Stablehouse Teams Up to Launch a New Stablecoin
The government of Bermuda has collaborated with Stablehouse – a stablecoin platform – to launch a pilot program, which the territory refers to as a digital stimulus token. This token will allow purchases of food and other essential products and services from...
Food delivery service started accepting bitcoin in France
In an attempt to combat the spread of novel coronavirus, going cashless would be a good arsenal to start with. Having in mind that there has been a drastic increase in demand for delivery services in support for social distancing and self-quarantine alongside lockdown...
10th Largest Bitcoin Wallet Moves 60,000 BTC
A significant amount of transactions happens on top crypto wallets every day but when a rare transaction worth $641 million takes place it raises curiosity. The 4th September 2020 massive Bitcoin transaction, from one of the biggest crypto wallet, suspected to be...
MyCryptoParadise | Crypto News | Weekly 8
What happened this week in the Crypto world? Over the last few months, digital assets such as COMP and LINK have become popular amongst speculators. The market cap between the coins, as mentioned earlier, has amassed billions of dollars, and interestingly several...
MyCryptoParadise | Crypto News | Weekly 7
What happened this week in the Crypto world? Bitcoin had a bullish start of the week trading over $12,000 above mark but fell by 2.19 % of its value in the week ending on August 23rd. Currently trading at around $11,700 the crypto currency is said to recover and go...
MyCryptoParadise | Crypto News | Weekly 6
MyCryptoParadise | Crypto News | Weekly 6 My crypto paradise weekly news is here and this is the final edition of MyCryptoParadise | Crypto News | Weekly 6. Crypto News Weekly 6 has all the trending news of the week. What happened this week in the Crypto world? As...
MyCryptoParadise | Crypto News | Weekly 5
MyCryptoParadise | Crypto News | Weekly 5 My crypto paradise weekly news is here and this is the final edition of MyCryptoParadise | Crypto News | Weekly 5. Crypto News Weekly 5 has all the trending news of the week. What’s new this week in the crypto world? While we...
MyCryptoParadise | Crypto News | Weekly 4
MyCryptoParadise | Crypto News | Weekly 4 My crypto paradise weekly news is here and this is the final edition of MyCryptoParadise | Crypto News | Weekly 4. Crypto News Weekly 4 has all the trending news of the week. What’s new this week in the crypto world? Bitcoin...
MyCryptoParadise | Crypto News | Weekly 3
MyCryptoParadise | Crypto News | Weekly 3 My crypto paradise weekly news is here and this is the final edition of MyCryptoParadise | Crypto News | Weekly 3. Crypto News Weekly 3 has all the trending news of the week. What’s new this week in the crypto world? This past...
MyCryptoParadise | Crypto News | Weekly 2
MyCryptoParadise | Crypto News | Weekly 2 My crypto paradise weekly news is here and this is the final edition of MyCryptoParadise | Crypto News | Weekly 2. Crypto News Weekly 2 has all the trending news of the week. What’s new this week in the crypto world? The...
MyCryptoParadise | Crypto News | Weekly 1
MyCryptoParadise | Crypto News | Weekly 1 My crypto paradise weekly news is here and this is the first edition of Crypto News Weekly 1 With Bitcoin valiantly saving the crypto market, investors and the community can be at ease now. With evident signs of crypto winter...
2020 Crypto Mega Hack!
Just as 2020 couldn’t have gotten any worse, shockwaves went out in the crypto sphere when an unprecedented social engineering attack took the micro blogging platform Twitter by Storm. The hack took control of the Twitter platform and used top verified accounts for a...