Category Archives: COIN

Tokyo-based crypto Spindle moves to London amid police probe

Tokyo-based cryptocurrency Spindle has announced it is withdrawing from Japan and re-establishing in London, amidst rumours of a police investigation in Tokyo into its alleged unregulated token sales. The company, Black Star&Co., saw its Spindle token rise to prominence with the high profile backing of Japanese celebrity Gakuto Oshiro, also known as Gackt. When it relocates to London, the company

Read more

Netherlands Antilles exploring digital currency option

It looks like small island states are all the rage for new payment options such as cryptocurrencies, with the latest island nation looking into this option being the Netherlands Antilles. The Centrale Bank van Cuaracao en Sint Maarten (CBCS), the central bank for the Netherlands Antillean guilder, is looking at the possibility of creating a digital version of the guilder

Read more

Jeju Island wants to be South Korea crypto capital

Governor Won Hee-ryong of Jeju Island in South Korea has made an official proposal for the island to become the country’s hub for cryptocurrencies and blockchain in general. In a meeting that included the country’s Finance Minister and Deputy Prime Minister for Economy Kim Dong-yeon, Won asked that initial coin offerings (ICOs) be permitted in his jurisdiction, even though token

Read more

US securities regulator shuts down yet another fraudulent ICO

It seems that not a week—or even a day for that matter—can pass without the news that some fraudulent initial coin offering (ICO) has hit the market in one way or another. The latest report comes out of the United States, whose Securities and Exchange Commission (SEC) has obtained a permanent officer-and-director as well as penny stock bars against a

Read more

Crypto exchange ZB.com set to launch in Malta

Yet another cryptocurrency exchange is joining the growing list of blockchain and crypto companies setting up in Malta, which calls itself ‘the Blockchain Island.’ ZB.com will set up its operations in Europe with the launch of a new exchange in Malta. The company, considered the fifth largest cryptocurrency exchange in the world by traded value, will open an office in

Read more

Journalist discovers empty KuCoin offices in HK, warns of possible exit scam

Fresh doubt has been cast on the business practices of cryptocurrency exchange KuCoin, after a journalist in Hong Kong found the firm’s offices were empty. Writing a post on Medium titled, “WARNING: KuCoin’s Hong Kong office is empty. Be extremely cautious about depositing money into this exchange,” journalist Jackson Wong said he suspected the firm was involved in a so-called

Read more

Turks shift to cryptocurrencies to escape devaluing Lira

Fresh doubt has been cast on the business practices of cryptocurrency exchange KuCoin, after a journalist in Hong Kong found the firm’s offices were empty. Writing a post on Medium titled, “WARNING: KuCoin’s Hong Kong office is empty. Be extremely cautious about depositing money into this exchange,” journalist Jackson Wong said he suspected the firm was involved in a so-called

Read more

Ethereum a phisher’s favorite: Kaspersky report finds $2.3M lost to criminals outside traditional phishing

Global cybersecurity company Kaspersky, the same security watchdog that has been keeping an eye on notorious hacking group Lazarus, has just released their report for the second quarter of this year. According to Kaspersky, Ethereum is a favourite among phishers. “Ethereum (ETH) is currently the most popular cryptocurrency with phishers,” they wrote. “The popularity of Ethereum with cybercriminals increases as

Read more

Marvel mulls legal action versus Black Panther-derived ‘Wacoinda’

Marvel Characters, a subsidiary of comic book giant Marvel Comics, is still considering whether it will file a trademark lawsuit against Wilsondom LLC over its planned cryptocurrency, the ‘Wacoinda.’ The coin is referencing to the fictional African country in Marvel’s 2018 box-office hit movie, ‘Black Panther.’ Last August 7, Marvel, through its legal counsel, requested for an extension of time,

Read more

Playboy sues Global Blockchain over Vice crypto deal

About five months ago, Playboy Enterprises announced that it would start accepting cryptocurrency. Specifically, it had worked out an agreement that would see its fans use the Vice Industry Token (VIT) to pay for content. The deal would see Global Blockchain Technologies (GBT), a Vancouver, British Columbia-based company, implement the acceptance of VIT on Playboy’s sites, but it seems that

Read more
« Older Entries