Citibank India is the latest major bank to ban its customers from using credit cards for purchasing cryptocurrencies, but it has taken the measure one step further by banning the use of debit cards for crypto purchases as well, Quartz India reports today, Feb. 14.Quartz India wrote...
In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy.If you would...
Prosecutors in South Korea carried out a raid of a few crypto exchanges in the country final month, confiscating computer difficult drives, mobile phones, and fiscal documents after a January investigation confirmed that some of the customers’ crypto holdings experienced been moved to the financial institution accounts...
The Australian Taxation Business (ATO) has not long ago issued a warning about a new sort of fraud professing faux tax debt on behalf of ATO, and requesting tax payment by using Bitcoin (BTC) and other cryptocurrencies in a general public release current on March 14.In the...
Japan’s Mitsubishi UFJ Financial Group (MUFG), the fourth largest bank in the world, will launch its own digital currency MUFG coin, local news publication Mainichi.jp reported Sunday, Jan. 14.MUFG is the largest financial company in Japan and is set to become the first Japanese bank to issue a...
Extra funds is staying poured into crypto cats. Perfectly, cats, and the slew of other non-fungible digital items created possible by new token requirements, such as ethereum's ERC-721. And these crypto collectibles now have a residence in OpenSea, a market for allowing for people to invest in and offer...
“My first loss was with CoinsMarkets. It took place when the exchange closed with our money. I did not even attempt to speak to any person or alert any police.” These are the words of an intrepid...
Australia noticed a surge in studies of frauds involving cryptocurrencies previous yr, according to the country’s customer watchdog. In 674 situations, victims claimed to the the Australian Competition and Buyer Commission (ACCC) and other authorities companies that...
More than $3.3 million has been stolen as part of an elaborate scam that took advantage of bitcoin users seeking to claim their share of the newly created cryptocurrency bitcoin gold. Perpetrated by...
Mining equipment is available to buy from consumer to professional level, and each of these technologies brings a significant energy cost. In Iceland, the volume of energy used for Bitcoin mining will soon likely exceed the volume used to power its houses, Cointelegraph recently reported. Cointed, the...