A recent bitcoin boom is attracting scammers, The Wall Street Journal (WSJ) reported, citing the Federal Trade Commission (FTC). The lack of regulation and the inherent anonymity have both played a part. There were around $82 million in losses to crypto scams reported by customers...
India’s central bank restated its hesitation when it comes to digital currency on the heels of informing financial institutions that they should set aside a 2018 ban on trading, Bloomberg reported on Friday (June 4). The Reserve Bank of India (RBI) recently told lenders not...
Square is considering building a hardware bitcoin wallet that would give users more control over their cryptocurrency, the company’s CEO said on Friday (June 4). According to CNBC, Square shares rose about 2.7 percent following Jack Dorsey’s remarks, which appeared on his Twitter feed. Square...
NortonLifeLock has debuted a way for customers to mine cryptocurrency with Norton Crypto, according to a press release. Some Norton 360 customers in an early adopter program have already been invited to mine for Ethereum. The release stated that the purpose of the program is...
Google in August will adjust its rules on cryptocurrency-related advertisements, first laid down in 2018, according to an update to its advertising policies page. Exchanges and wallets will be allowed to advertise their products, so long as they meet certain requirements and are approved by...
Coinbase Pro plans to open up to Dogecoin this year as the joke coin has seen a massive 6,000 percent increase in value, CNBC reported. The process began Tuesday (June 1), and the coin is now available to Pro users for trading, the report stated....
The U.S. Securities and Exchange Commission (SEC) said on Friday (May 28) that it has filed “an action” against five people, alleging that they marketed an international “global unregistered digital asset securities offering” that brought in more than $2 billion from retail investors, according to...
Payment network provider Flexa has grown its crypto acceptance service to encompass different plug-ins that let retailers take crypto through their eCommerce retail channels instantly, according to an press release. “We’ve dramatically expanded the reach of Flexa-powered payments, enabling instant, affordable payment acceptance for virtually any...
Ledn has wrapped up a Kingsway Capital-led $30 million Series A financing round that also saw the participation of new investors, according to a Wednesday (May 26) announcement. Every investor from the company’s previous round took part as well. “With this new injection of capital, we...