OKEx, a major global cryptocurrency exchange, is embracing the Latin American crypto market by launching a fiat gateway for three local currencies. According to a July 3 announcement, OKEx users can now buy Bitcoin (BTC) and Ether (ETH) in exchange for the Argentine peso (ARS),...
The Most Famous Financial Pyramids in the Crypto World
In addition to the obvious advantages in the form of anonymity, accessibility, ease of use and low cost of transactions, cryptocurrencies have some serious drawbacks that impede their global adoption. The main one is the connection between crypto and crime. Everyone who has studied this...
The Most Malicious Ransomwares Demanding Crypto to Watch Out For
As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of payments made to ransomware attackers, as several organizations were forced to pay millions...
Gemini Chose to Wade Regulation In New York, Weighs in on Conditional BitLicense
Last week, the New York State Department of Financial Services, or NYDFS, proposed changes around its state-wide BitLicense legal guidelines. Gemini, a crypto exchange calling New York home, sees the NYDFS’ move as a positive. Gemini’s chief compliance officer, Noah Perlman, told Cointelegraph: “The proposed...
Report: $300B Worth of Food Will Be Traced Using Blockchain and IoT by 2027
Blockchain technology and the Internet of Things (IoT) can solve some of the food industry’s most pressing challenges and save it $100 billion a year, according to a recent report by Cointelegraph Consulting and VeChain. The report forecasts that $300 billion worth of food items will...
Vulnerability in Ravencoin Creates Extra 1.5% of Maximum Supply for Hackers
A vulnerability in Ravencoin (RVN) resulted in the unsanctioned minting of about 1.5% of its maximum supply of 21 billion RVN. The exploit was disclosed by Recencoin on Friday after initial reports were confirmed, but details remain fuzzy as the investigation is still underway. About...
OneCoin Marketing Scam Operator Fined $72,000 in Singapore
On Wednesday, a 52-year old man named Fok Fook Seng of Singapore was found guilty of operating a multi-level marketing scam linked to the cryptocurrency Ponzi scheme OneCoin. Since its inception, the OneCoin crypto scam has defrauded investors of more than $4.4 billion. According to...
Chinese Supply Chain Innovator to Develop Blockchain System for SMEs
Binance’s new blockchain research institute in China has forged a strategic partnership with a state-level supply chain innovator to jointly develop digital infrastructure for small and medium enterprises (SMEs) in the country. Announced today, July 3, the institute’s new partner is Zhongshang Beidon; a state-level...
Set Your Alarms: Most Bitcoin Is Now Traded During These Hours
Bitcoin (BTC) traders are changing their habits in 2020 — but volatility is still dominated by the start of New York stock market trading. According to data currently circulating on social media, volatility for the largest cryptocurrency by market capitalization is highly correlated with the...
Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, EOS. CRO
Tesla’s market capitalization has surged from about $76 billion at the start of 2020 to $224.18 billion at market close on July 2. This unending rally has also made it the largest car company in terms of market capitalization, even though it produces only a...