Tokyo Police Shuts Down Cryptocurrency Pyramid Scam, Arrests 8 Men

Tokyo Police Shuts Down Cryptocurrency Pyramid Scam, Arrests 8 Men

When investing in cryptocurrency it’s extremely important to be mindful of various scams that you could be targeted for. There are a number of individuals that are working to create scams that con people out of Bitcoins and other cryptocurrency. Because it’s quite easy to transfer crypto and because it could be difficult to receive a refund on cryptocurrency, it can be one of the perfect tools for the creation of financial scams. A recent…

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Australia’s ‘Smart Money’ Examines Controlled Spending with Cryptocurrency

Australia’s ‘Smart Money’ Examines Controlled Spending with Cryptocurrency

Many government bodies find difficulty with digital currency because of its ability to be spent nearly anywhere. Many types of digital cryptocurrency can be exchanged online for elicit items and more under the right circumstances. If more protections were introduced and the creation of blockchain-powered digital “smart money” with certain regulations was introduced (such as in Australia), it could be possible for many government bodies to be more on board with a cryptocurrency. Under a…

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4 Unregistered Crypto Companies were Shut Down by Colorado’s Division of Securities

4 Unregistered Crypto Companies were Shut Down by Colorado’s Division of Securities

Colorado’s division of securities has officially issued cease-and-desist warnings to four different companies that have their own ICO or “securities” offerings. Each of these companies was operating within the state of Colorado and they were shut down as the result of an investigation performed by an ICO task force. The division of securities has been cracking down on companies offering their own digital coins without proper registration for the issuance of such securities. Companies that…

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The SEC Cracks Down on Crypto Platform EtherDelta for Running Unlicensed Trading Operations

The SEC Cracks Down on Crypto Platform EtherDelta for Running Unlicensed Trading Operations

On Nov 8, 2018 the Securities and Exchange Commission (SEC) announced that it would be creating a series of charges against Zachary Coburn. Coburn is the founder of EtherDelta which is a trading platform that specializes in trading of digital assets, or cryptocurrencies. The charges laid come as a result of findings that the platform was operating without a registration which is required by law in the United States; any cryptocurrency or token exchange must…

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Crypto Exchange Gate.io Removes Statcounter Features After Breach in Script Is Uncovered

Crypto Exchange Gate.io Removes Statcounter Features After Breach in Script Is Uncovered

Malicious attacks that revolve around Bitcoin seem to be growing in popularity and some the largest exchanges including Gate.io are not safe from any type of malicious threat. On November 6, 2018 Gate.io, a popular crypto exchange was forced to bring down their Statcounter analytics because of the breach in its scripting. The exchange was very quick to remove the malicious code from its script but the breach compromised a number of visitors and their…

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Multiple Fake Twitter Accounts of Elon Musk Push Crypto Scams

Multiple Fake Twitter Accounts of Elon Musk Push Crypto Scams

Beware Twitter scams using fake Elon Musk Accounts… A series of new scams have recently emerged revolving around fake Elon musk accounts. It’s very likely that if you’ve been on Twitter recently, you may have encountered one of these fake accounts claiming to be Elon Musk. A number of these fake accounts have been directly copying his profile photo and information tweeting about cryptocurrency giveaways and more. Users who are changing their display names to…

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The Link between Politics and Cryptocurrency: Does it Influence Voters?

The Link between Politics and Cryptocurrency: Does it Influence Voters?

Digital currency is having a large effect on the future of our finances and there are a number of world citizens that are interested in adopting cryptocurrency as one of their main uses of payment. It’s not particularly surprising that cryptocurrency is swaying votes worldwide and even making its way into campaigns for funding sources as well. Cryptocurrency is not widely accepted as a funding source for political campaigns currently as a number of various…

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The NASDAQ Partners with Microsoft to Implement Azure Blockchain Technology

The NASDAQ Partners with Microsoft to Implement Azure Blockchain Technology

The NASDAQ trading platform has not seen a considerable evolution since it first launched in 1971. Although the stock exchange has always been an innovator as one of the first electronic stock exchanges in the world, it has continued to operate with its regulatory bodies in 50 countries worldwide over 100 different exchanges. The NASDAQ’s technology has always been a tool that businesses have used to get on the leading edge of finance investment. As…

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Bitcoin Trader Could Serve 5 Years in Prison for Running an Unlicensed Crypto Exchange

Bitcoin Trader Could Serve 5 Years in Prison for Running an Unlicensed Crypto Exchange

A Bitcoin dealer from San Diego recently pled guilty to operating an unlicensed transfer business for his money. Jacob Burrell Campos was responsible for pleading guilty in a federal court on the process of operating unlicensed money transferring businesses throughout the United States. It’s estimated that he was able to work with over 1,000 customers across the United States from 2015 to 2016. Under a plea agreement that was delivered to Burrell, he admitted that…

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Sweden Ramps Up Designs for the Government-Issued Cryptocurrency E-Krona

Sweden Ramps Up Designs for the Government-Issued Cryptocurrency E-Krona

Sweden and its central bank called Riksbank have been working on the idea of adopting a digital currency or cryptocurrency from their own central bank in order to adapt to the needs of their society which has been adopting digital crypto currency at an astounding rate. The bank just last year issued a report describing what the crypto coin or E-Krona would look like as far as software and the design of the electronic currency…

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