German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. BaFin, Germany’s financial regulatory authority, has begun shuttering crypto ATMs run by KKT UG, CoinDesk reported. The watchdog told KKT UG CEO Adam Gramowski to cease crypto trading business in Germany...
Two Costa Rican residents have been charged with selling opioids illegally on the darknet for what amounted to 23,903 Bitcoin, according to Cointelgraph. The amount is equivalent to around $270 million. Arrested were darknet vendor David Brian Pate, 44, originally a U.S. resident, and Costa...
Bitfinex announced a reward for anyone who can put the cryptocurrency exchange in touch with the hackers who made a transfer of nearly 120,000 bitcoins in 2016, according to a statement. The company also announced a reward for the hackers for the stolen coins, and...
U.S. prosecutors are looking to give back $6.5 million in purportedly swindled cryptocurrency to “Banana.Fund” crowdfunding effort victims, CoinDesk reported. The suit aims to provide official ownership to the U.S. government so it can give the assets back to the victims. It was filed in...
Bitcoin had a turbulent weekend, rising to $12,112 in value just after midnight on Sunday (Aug. 2), and then falling to $10,638 just 30 minutes later, Bloomberg reported. The high was bitcoin’s best rate since August of last year, according to Bloomberg’s estimation. As of...
Paxful says it has experienced a 350 percent jump in the use of its infrastructure in Russia, Decrypt reported. The bitcoin exchange has seen record month-over-month peaks in user signups on its exchange as of the beginning of the COVID-19 pandemic in March. Anton Kozlov, the company’s Russian market...
The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. The bank, called Bangko Sentral ng Pilipinas or BSP, will look at the feasibility...
The Tel Aviv Stock Exchange (TASE) has launched a new central blockchain securities lending platform in Israel, according to a press release — the first in the area. The platform will help the market via enabling a new direct lending option for every major financial...
A1 Payment, which offers digital payment services in Austria, will accept cryptocurrency payments, A1 Telekom Austria Group announced in a press release. The company made the change because “companies and consumers alike benefit from this modernization of payment transactions,” the release stated. The company will...
