Category Archives: News

US Files Lawsuit Against North Korean Crypto Accounts

US North Korea Lawsuit

The United States government has recorded a claim trying to hold onto more than 280 Bitcoin and Ethereum accounts that are accepted to hold finances North Korean programmers took from two cryptographic money trades. Court archives didn’t distinguish the hacked trades, however authorities said the two hacks occurred on July 1, 2019, and September 25, 2019. Equity Department agents state […]

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Asia Is the Largest Market for Digital Payments as per DBS Report

Bitcoin Digital Payments

Asia is the biggest market for advanced installments and will keep up its driving situation with an expected 16% aggravated yearly development (CAGR) rate through the main portion of this decade, as indicated by another report by Singapore’s DBS Bank. In a report named Digital Currencies: Public and Private, Present and Future, the bank takes a gander at the most […]

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Hong Kong Police Arrest Bitcoin Scammers Who Stole Over $30K from Bitcoin ATMs

Hong Kong Police

The Hong Kong Police Force’s cybersecurity and tech crime  agency has captured three individuals after two digital currency trades documented reports that assets had been pulled back from six bitcoin ATMs without approval. The suspects are purportedly center individuals from a bigger organization, the police guarantee. The burglaries and captures occurred more than two days in Mong Kok, Hong Kong’s […]

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DBS: Central Bank Interest in Crypto Surge after Covid-19

DBS Central Bank

DG Lab as of late publicly released its proposition for a decentralized account (DeFi) item utilizing the Bitcoin blockchain. Bitcoin is a developing piece of the DeFi environment, built basically on the head of Ethereum, as a tokenized resource. Various firms including Bison Trails, Crypto Garage and Blockstream are on the whole chipping away at answers for making a Bitcoin-explicit […]

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KB Kookmin Bank Partners with Hashed to Offer Bitcoin Custody Services

Kookmin Bank

KB Kookmin Bank (KB), the biggest business bank in South Korea, has concurred with an arrangement with blockchain adventure support Hashed and crypto trade Cumberland Korea to offer bitcoin custody administrations.  In January, the administration claimed the bank recorded its brand name application for advanced resources authority with the Korean Intellectual Property Office. The brand name is called Kbdac. It […]

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Kazakhstan Eyes 15% Tax on Bitcoin Mining Activities

Kazakhstan Bitcoin Mining

Kazakhstan has proposed another 15% expense on Bitcoin mining organizations with a plan to support the economy in the wake of COVID-19. Until this point, the infection has executed more than 1,300 Kazakhs.  Proposed by the nation’s service of economy, the new expense plan requires bitcoin (BTC) miners to initially record an application for enlistment with the specialists, as per […]

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India Records 5 Times Higher Cryptocurrency Mining Attacks

India Cryptocurrency Mining

Microsoft uncovered India discoveries from the most recent release of its Security Endpoint Threat Report 2019, which set India among the nations with the most noteworthy digital currency mining experiences and drive-by download assaults in the most recent year.  Discoveries were obtained from an investigation of assorted Microsoft information sources, including eight trillion danger signals and dissected by Microsoft consistently, […]

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Iranian Power Plants Given Authorization to Mine Bitcoin

Iran Bitcoin Mining Power Plant

Iran has reported that it will presently allow mechanical scale power plants in the Islamic republic to mine bitcoin – depending on the prerequisite that they don’t utilize sponsored fuel.  In an announcement to the Islamic Republic News Agency (IRNA), Mostafa Rajabi Mashhadi, an agent overseeing executive at Tavanir, Iran’s Power Generation, Transmission and Distribution Management Company, said power plants […]

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