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Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms

A French court has reportedly rejected a request by the largest Swiss bank to drop money laundering charge against it. UBS Group and a number of its executives are accused of tax fraud and money laundering. If found guilty, the bank could be fined up to 5 billion euros or $5.8 billion. Its executives could […]

The post Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms appeared first on Bitcoin News.

Source: https://news.bitcoin.com/court-money-laundering-ubs/

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The Daily: Nasdaq Eyes Security Tokens, Blockstack Tackles Social Media

Today’s installment of The Daily is about building more than bickering, though we’ll squeeze in a little of the latter before we sign off. First though, let’s start by considering the latest projects being proposed within the crypto space: a tokenized security platform and a social media network that doesn’t leak data. Also read: South Korea’s […]

The post The Daily: Nasdaq Eyes Security Tokens, Blockstack Tackles Social Media appeared first on Bitcoin News.

Source: https://news.bitcoin.com/the-daily-nasdaq-eyes-security-tokens-blockstack-tackles-social-media/

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Scam Victim Loses $48,000 Claim Against Canadian Bitcoin ATM Firm

A woman suing for 62,500 Canadian dollars ($48,125) sent to a phone scammer over a bitcoin ATM has lost her court case, local media reported. On Friday, Charlottetown Provincial Court chief judge Nancy Orr ruled that the fiat money deposited by the woman into the teller machine belonged to Instacoin ATM Canada Inc., owners of […]

The post Scam Victim Loses $48,000 Claim Against Canadian Bitcoin ATM Firm appeared first on Bitcoin News.

Source: https://news.bitcoin.com/scam-victim-loses-48000-claim-against-canadian-bitcoin-atm-firm/

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South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium

The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. Also read: 160 Crypto Exchanges Seek to Enter […]

The post South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium appeared first on Bitcoin News.

Source: https://news.bitcoin.com/south-koreas-crypto-exchange-singapore/

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Facebook and Twitter Beware — Censorship-Resistant Social Media Is Here

Over the past few months, Bitcoin Cash developers have been creating applications that are similar to social media and forum platforms like Reddit, Facebook, and Twitter. Anyone in the world can use these Bitcoin Cash-powered applications such as Memo, Blockpress, Keyport, and Matter which offer censorship-resistant versions of these social media giants. Also read: Facebook Purge […]

The post Facebook and Twitter Beware — Censorship-Resistant Social Media Is Here appeared first on Bitcoin News.

Source: https://news.bitcoin.com/facebook-and-twitter-beware-censorship-resistant-social-media-is-here/

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Japanese Exchange Takeover: Zaif Transfers All Crypto Services to Fisco

Japanese crypto exchange Zaif has concluded a business transfer agreement with another regulated crypto exchange in Japan. Fisco Cryptocurrency Exchange will take over all of Zaif’s services and will be responsible for repaying users who lost their coins when Zaif was hacked last month. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]

The post Japanese Exchange Takeover: Zaif Transfers All Crypto Services to Fisco appeared first on Bitcoin News.

Source: https://news.bitcoin.com/japanese-exchange-zaif-crypto-fisco/

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Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders

Tales of woe are easy to come by in the current market, in which most altcoins are faring multiples worse than bitcoin. Investors that have avoided the following projects, however, can draw some solace. Also read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering This Year’s Underperforming Coins Have Fared Worse Than You […]

The post Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders appeared first on Bitcoin News.

Source: https://news.bitcoin.com/2018s-worst-cryptocurrencies-have-created-some-heavy-bagholders/

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Markets Update: Heavy Selling Across Leading Markets, ZRX Rallies

The cryptocurrency markets appear to be consolidating following the significant sell-off that transpired on Thursday. The event saw BTC produce the largest percentage red daily candle posted since Sep. 5, driving losses across most major markets. ZRX was the most notable exception to the bearish price action that erupted through most cryptocurrencies, rallying significantly following […]

The post Markets Update: Heavy Selling Across Leading Markets, ZRX Rallies appeared first on Bitcoin News.

Source: https://news.bitcoin.com/markets-update-heavy-selling-zrx-rallies/

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Micropayments: Bringing Cryptocurrencies Into Everyday Life

The following post about micropayments was written by Dmytro Spilka. He is the CEO at Solvid and founder of Pridicto, a web analytics startup that uses AI and Machine Learning to forecast web traffic, monitor vital metrics, and set visual traffic aims. Cryptocurrencies may have assumed the role of the quintessential water cooler topic over recent […]

The post Micropayments: Bringing Cryptocurrencies Into Everyday Life appeared first on Bitcoin News.

Source: https://news.bitcoin.com/micropayments-bringing-cryptocurrencies-into-everyday-life/

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Win $100 of Bitcoin Cash in Bitcoin.com’s Paper Wallet Design Contest

Over the next few weeks, Bitcoin.com is hosting a paper wallet design contest to create a beautiful cold storage visual graphic for bitcoin enthusiasts around the world. The competition is open to everyone and the winning entry will receive $100 worth of bitcoin cash. Also Read: Bitcoin.com Store Adds More Hot New Items and Amazon Gift […]

The post Win $100 of Bitcoin Cash in Bitcoin.com’s Paper Wallet Design Contest appeared first on Bitcoin News.

Source: https://news.bitcoin.com/win-100-of-bitcoin-cash-in-bitcoin-coms-paper-wallet-design-contest/

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Source: https://news.bitcoin.com/