German prosecutors hit $13.9M from ‘emergency sale’ of seized cryptocurrency
Prosecutors from Bavaria hit the jackpot as they sold off a record-breaking €12 million ($13.9 million) worth of cryptocurrencies seized from criminal operations.
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Scottish clinic promises to treat cryptocurrency addiction
A hospital in Scotland is offering a clinic for individuals who are addicted to cryptocurrency, according to reports.
Hong Kong’s BTCC crypto exchange set to launch new platform
The new and improved BTCC exchange will offer faster withdrawals and deposits, while providing better liquidity.
Poloniex ID update leads to frozen accounts, legacy customers claim
Complaints have been piling up on Reddit and other social networks that a number of Poloniex’s legacy users have not been able to access their accounts.
Sygnia announces plans for crypto exchange in South Africa
Johannesburg-based asset management company Sygnia Ltd. is planning to launch its first cryptocurrency exchange, called Sygniacoin, in the third quarter of 2018.
Bithumb bans crypto trading in 11 countries, including North Korea
South Korean cryptocurrency exchange Bithumb has announced it is banning digital assets trading in a number of countries, including North Korea, Iran, Iraq and Sri Lanka, along with seven other locations.
$8M crypto investment scam triggers probe in South Africa
Bitcaw Trading Company, also known as BTC Global, has reportedly amassed funds from 28,000 people before investor payments stopped.
‘Bitcoin’ gets trademarked in UK, firm threatens Etsy store
A search of the trademark number on the UK’s official Intellectual Property Office website turned up a registration for the term ‘Bitcoin’ by people at A.B.C. IPHOLDINGS SOUTH WEST LLC.
Zimbabwe court sides with Golix exchange, lifts cryptocurrency ban
Cryptocurrency investors in Zimbabwe are a happy lot after the second highest court in the country reversed the Reserve Bank of Zimbabwe ban on crypto-related activities.
Chinese authorities charge 4 more in $2.3B OneCoin scam
The two-year investigation has spanned over 20 provinces across China, with authorities recognising the $2.3 billion scheme as one of the biggest investigations to date.
US launches probe into BTC price manipulation
The DOJ is reportedly looking into certain practices that affect prices, including the flooding of the market with fake orders in an attempt to convince investors to sell or buy more cryptocurrency.
Japan’s Money Forward plans crypto expansion
Personal budgeting app Money Forward will launch a cryptocurrency exchange and will a new set of tools for its crypto customers that will offer a new automated digital currency accounts book.
India eyes 18% tax on cryptocurrency trading: report
An 18% tax is being examined on all cryptocurrency trading by India's Central Board of Indirect Taxes and Customs, according to reports.
Court orders Italian exchange BitGrail to remain shut
Defunct Italian cryptocurrency exchange BitGrail has shot its bolt and would not be reopening anytime soon—on court orders.
Crypto in Africa: Blockchain takes root in the heart of African countries
While most African countries are slowly warming up to blockchain technology, South Africa, Nigeria, Kenya, and Ghana are taking the bull by the horns.
Israel seizes 1,000 BTC in $8M money laundering case
Hilmi Git was indicted on charges of using hundreds of credit cards in 20,000 fraudulent transactions, and then laundering the money using BTC.
Russia’s Duma accepts first draft of crypto industry bill
The bill, “On Digital Financial Assets,” proved to be a hit with lawmakers, who approved the measures almost unanimously.
Overstock’s tZero announces regulated exchange for token sales
Online retail giant Overstock has announced plans for a regulated exchange for token sales, via its blockchain subsidiary tZero (t0).
South Korea’s Korbit axes Dash, Monero, 3 more altcoins
South Korean cryptocurrency exchange Korbit has withdrawn support for five cryptocurrencies, following a similar decision in recent days from Japan’s Coincheck exchange.
CFTC issues guidelines for cryptocurrency derivatives listing
The U.S. Commodity Futures Trading Commission has published an intriguing advisory for clearing houses and exchanges about assessing as well as listing cryptocurrency derivatives products.