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Article by Steve Kaaru

Hut 8 reports 87% rise in net income as it diversifies mining portfolio
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29 March, 2021

Hut 8 reports 87% rise in net income as it diversifies mining portfolio

Despite nearly doubling its net income, the company saw its total revenue drop from $82 million in 2019 to $40.7...
DoJ charges Instagram personality in $2.5M digital currency fraud
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29 March, 2021

DoJ charges Instagram personality in $2.5M digital currency fraud

Jegara Igbara, also known as Jay Mazini, is accused of inducing his victims to send him BTC but failed to...
Digital currency fraud in Canada up 400%, police say
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27 March, 2021

Digital currency fraud in Canada up 400%, police say

Digital currency scams have varied over the years, ranging from those targeting victims’ greed such as “double-your-money” scams to those...
Token-based social media BitClout raising lots of money—and eyebrows
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26 March, 2021

Token-based social media BitClout raising lots of money—and eyebrows

BitClout brands itself as a social media-based platform where users can buy and sell tokens based on people’s reputations.
Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report
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25 March, 2021

Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report

South Korea’s biggest internet company Naver has joined the race to acquire a stake in Bithumb digital currency exchange.
OKEx Korea to shut down on April 7, cites new AML rules
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24 March, 2021

OKEx Korea to shut down on April 7, cites new AML rules

The revised Financial Transactions Reports Act prohibits order book sharing, stating, “Cryptoasset providers may not allow customers to trade with...

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