CoinFlux Owner Pleads Guilty To Racketeering
The owner of defunct CoinFlux, Vlad-Calin Nistor, has admitted he is guilty of laundering about $1.8 Million in a fraudulent scheme on a car wash and dubious eBay ads. He and 14 others, including the car wash owner, have pleaded guilty
80% of Top Stablecoins Controlled by Less Than 6 Accounts
CoinMetrics reported that very few accounts in each of the stablecoin networks hold the majority of the total capitalization of these top five stablecoins. The published report revealed that there was severe centralization among several top stablecoins with only six accounts
Kakao’s New Crypto Wallet Surpasses 100K Users
South Korea’s messaging giant Kakao says more than about 2% of the Kakao Talk app users or about 100,000 have signed up for the new crypto wallet function offered in the app. According to the firm, the 100K mark was
SBI VC Offers Free XRP With New Customer Registration
Recently, in a press release, Japan-based SBI VC trade announced that starting June 1, new registrants to its portal will receive a gift of 50 XRP ($10). The company stated that the gift season will run for 4 months, beginning
Sberbank Wants 5,000 Blockchain ATMs
Sberbank, Russia’s biggest bank by market capitalization and market share, wants to spend more than $100 Million on 5,000 blockchain-enabled ATMs that can mine cryptocurrency. The bank is now looking for tenders who can supply 4,917 ATMs with customized graphic cards
FTX Launches In United States
Crypto Exchange Company FTX has set up a new trading platform for its users in the U.S. The exchange company offers spot trading in six different coins, which include Tether (USDT), Paxos Gold (PAXG), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum (ETH)
Crypto.com Launches Crypto Debit Cards in 31 EU Nations
Crypto.com, Hong Kong’s leading payments and cryptocurrency platform, announced that it has commenced delivering its MCO Visa debit cards to 27 EU member states and 4 other European countries. Based on the report on the development, the platform said the achievement
Google Deletes 22 Crypto Stealing Chrome Extensions
As malicious extensions continue to spring up on the Chrome browser, Google has continued to cut them down. The tech giant deleted another 22 such extensions recently. 49 Malicious Extensions Discovered Last month, Harry Denley, a security researcher, discovered 49 malicious Chrome
Bixin Spends $66 Million Worth of Bitcoin in Funds of Funds
One of China's biggest cryptocurrency miners and custody operators, Bixin, has dedicated about 6600 Bitcoin, valued at about $66 Million to a proprietary Funds of Funds. The development is coming shortly before the Bitcoin halving, as different stakeholders in the industry
Chainlink and Tezos Collaboration
Chainlink is collaborating with Cryptonomic and Smart Chain Arena to offer real-time data feeds to the Tezos developer community. According to the announcement, the deal will enable the provision of real-time data feeds through Tezos and Chainlink’s decentralized network. As a