India’s Ministry of Finance Says Bitcoin and Cryptocurrencies Are Similar to ‘Ponzi Schemes’

India's finance ministry said Bitcoin and other digital currencies are "like Ponzi schemes" and investors should be extremely cautious when investing in them, according to a statement released on Friday. .   The...

Government Officials in South Korea Accused of Crypto Insider Trading

The last week of confusion and friction over cryptocurrency regulation in South Korea continues to unfold in the form of accusations on the surface of insider trading government officials, reports the...
Cryptocurrency Market Begins Recovery

Cryptocurrency Market Begins Recovery

The cryptocurrency market has begun to recover as major cryptocurrencies including Ether and EOS recorded gains of more than 5 percent over the past 24 hours. Tokens such as Ontology (ONT),...

Bulgarian Police Raids OneCoin Offices in Sofia, Shuts Servers Down

OneCoin's offices were searched and its servers seized in Sofia, Bulgaria, on 17 and 18 January, marking another milestone in a series of international raids and trials against the highly controversial...

Central Bank Of Brazil Is Ramping Up Blockchain R&D

The Central Bank of Brazil builds with just about every blockchain it can get its hands on.   In a new interview about his fledgling technology projects, members of the central bank's blockchain...

Chinese Still Buying Bitcoin Despite Government Ban

Chinese citizens are still investing in Bitcoin and the cryptocurrency market, despite heavy government crackdowns.   In September 2017, the Chinese Cryptocurrency Stock Exchanges BTCC China, Huobi and OKCoin were ordered by the...

China Spooks With Mining Legality Blunder

A Chinese electricity supplier caused confusion after sending a notice to customers telling them to refuse service to "illegal" Bitcoin miners.   According to many sources, including local Caixin, Sichuan Electric Power Company...

The Two Major Benefits of the Blockchain Technology

One of the key benefits of Blockchain technology is the provision of alternatives that allow users to maintain control of their assets and revenue generation in their areas of business.   Across the...

Common Crypto Scams and How to Avoid Them

The world of cryptocurrency is full of stories of people being hacked into their precious digital currencies, or falling into scams and traps.   Due to the decentralized and open nature of the...

Kenya regulators propose a special unit for “treatment problems” of ICOs, cryptocurrency

The Capital Markets Authority (CMA) in Nairobi, Kenya, has proposed the creation of a special unit to handle cryptocurrency related issues. The unit would include all relevant regulators such as itself and Central...

LATEST NEWS

MUST READ