Turcoin Ponzi Scheme Exposed, Founders Flee with Millions

Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected… Continue Reading

Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football

The world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate… Continue Reading

New Study Find Irish Attitudes To Cryptocurrencies Are Shifting

A study of Irish attitudes to cryptocurrencies has revealed a shift “from suspicion to curiosity” based on the increase in knowledge, trading, and usage of digital currencies in the European country.  The Irish Times recently published the findings of a… Continue Reading

Swiss Crypto Company Acquires License to Distribute Funds to Investors

Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also… Continue Reading

Strong Demand for Crypto Experts on the Russian Labor Market

Statistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks. The competition for crypto expertise is getting tougher, as the… Continue Reading

Six Fake Crypto Exchange Sites Busted by Ukraine’s Cyberpolice

The cybercrime combating unit of the Ukrainian police has uncovered a network of fraudulent crypto trading websites. Four people are suspected of offering the fake online exchange services. They have maintained at least six platforms luring cryptocurrency traders with deceptive messages.… Continue Reading

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by… Continue Reading

Dutch AFM on Licensing Requirements for Institutions Invested in Crypto

The Dutch financial regulator, The Netherlands Authority for the Financial Markets (AFM) has published a letter addressed to new and currently existing institutions invested in cryptocurrencies. The letter seeks to inform that certain cryptocurrency investment activities may require licensing from… Continue Reading

BIS GM Argues New Cryptos Are “the Alchemy of the Age of Innovation”

The Bank of International Settlements (BIS), a transnational institution owned by and comprised of central banks that seeks to “fosters international monetary and financial cooperation and serves as a bank for central banks,” recently published its quarterly review of “International… Continue Reading

Bitcoin in Brief Saturday: Coins for Drivers, Prisoners, and Conservationists

Today’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. A leading German auto manufacturer has revealed its cars may soon be fitted with onboard cryptocurrency wallets. A company now offers crypto payments for inmates… Continue Reading