Crypto’s the bad guy? European banks reportedly help users steal $63B
A published report conducted by undercover journalist revealed that banks across Europe helped their clients illegally take $63 billion in taxes.
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India shows cryptocurrency can’t be suppressed
Despite the Reserve Bank of India's attempts to keep cryptocurrency from taking a hold in the country, the sector is still moving forward, demonstrating the power crypto has and how it cannot be eliminated.
Floyd Mayweather, DJ Khaled facing lawsuit over ICO
After the Securities and Exchange Commission (SEC) shuts down the Mayweather-backed ICO over fraud charges, the boxing champ might have to respond personally for his involvement.
Japan looking at ways to simplify crypto tax filings: report
This week, reports surfaced that Japan's Tax Commission is considering how to simplify the current tax filing system to include cryptocurrency.
Venezuela green lights 6 crypto exchanges to sell state-backed Petro
Six cryptocurrency exchanges have been approved by the government of Venezuela to start selling the national cryptocurrency, Petro, ahead of its official launch on November 5, according to local media.
Deadline for Mt. Gox rehabilitation claims filing approaches
With the deadline set at October 22, the race is now on for affected Mt. Gox clients to file their rehabilitation claims, to avoid missing out on the funds they’ve been waiting for.
BitGo raises $59M in Goldman Sachs-led Series B funding
Investment giant Goldman Sachs has led a successful $59 million Series B funding round in crypto custodian service BitGo, in the latest example of a major Wall Street institutional investor backing the cryptocurrency sector.
NY court orders crypto scammer to pay $3 million
The New York Southern District Court has ordered the perpetrator of a BTC Ponzi scheme to pay about $3 million in penalties and restitution.
Crypto in Africa: Binance Uganda launches fiat-to-crypto exchange
International crypto exchange Binance announced on October 15 the launch of its fiat-to-crypto service in Uganda.
Multimillion-dollar lawsuit against Augur settled out of court
What could possibly be one of the largest private cryptocurrency lawsuits to ever hit the courts has been settled.
Security services company G4S gets into cryptocurrency
The UK-based company G4S that is known for being one of the leading security services providers in the world, has launched a new service to protect cryptocurrencies.
BitConnect faces fresh class action lawsuit: report
A newly consolidated lawsuit has been filed against BitConnect, several months after several cases have been brought forth against the company's alleged fraudulent pyramid scheme at the beginning of 2018.
First crypto ATM appears in India despite central bank clampdown
India had its first crypto ATM installed in Bengaluru's Kemp Fort Mall. The crypto teller machine was launched by cryptocurrency exchange, Unocoin, for the exclusive use of its customers.
Canada Cannabis trade to be tracked by blockchain
With Canada legalizing cannabis, DMG Blockchain Solutions said it was creating a blockchain-based supply chain management platform for the industry.
Binance signs deal with AML compliance firm
Binance has procured the services of cryptocurrency compliance solutions firm Chainalysis, to better ensure meeting AML and KYC requirements.
Forbes-backed ICO fails to reach $8M target, investors to be refunded
Civil raised less than $1.5 million for its blockchain journalism platform—despite partnerships with the Associated Press and Forbes, amongst other high profile names.
BTCC plans to expand into South Korea by November
BTCC is preparing to expand into South Korea, with plans to make an official launch by November, according to reports.
Bitmain predicted to be knocked from relevance; US tariffs of 27.5% now apply
Bitmain’s planned IPO was already facing significant resistance due to the myriad of issues and controversies plaguing the company. However, the future now looks even less bright, thanks to President Trump.
India’s Zebpay sets up overseas operations
Zebpay has reportedly set up entities in Singapore and Malta, which reportedly will enable it to “provide cryptocurrency exchange and OTC services to 20 countries in Europe.”
Maldives central warns against bogus permits for crypto trade
The Maldives Monetary Authority (MMA) wants the public to be wary of social media advertisements promoting the activity in the Maldives.