The Stellar Development Foundation has announced a $15 million investment in Airtm, a Mexican blockchain and bank-connected digital wallet and peer-to-peer (P2P) exchange platform, according to a press release. Airtm provides globally connected dollar accounts to consumers and businesses across Latin America and other emerging...
Paytm Payments Bank is no longer providing support for cryptocurrency exchanges, including WazirX, ZebPay and CoinSwitch Kuber, Mint reported. The crypto industry has been set back again with this move, as the industry is now having trouble finding banking partners, the report stated. The Reserve...
In Hong Kong, cryptocurrency exchanges will likely soon be required to be licensed by the city’s markets regulator, U.S. News reported. They’ll also only be able to provide services for professional investors. The news comes from government proposals as jurisdictions around the world look at...
The Office of the Comptroller of the Currency (OCC) is reporting that fraudulent actions are being taken to impersonate the OCC, according to an alert from the agency. Notifications are being sent out informing recipients that they need to supply a bitcoin wallet address identification...
BitPay, which works as a provider of bitcoin services, has rolled out crypto payments with Jomashop, an authentic luxury goods maker, according to a press release. BitPay allows companies to accept crypto without having to buy or own cryptocurrency. With the ability to accept crypto,...
The hacker group behind the Colonial Pipeline cyberattack received over $90 million in bitcoin ransom payments over the last nine months from 47 victims before the group shut down last week, CNBC reported. The attack, believed to have been done by cyber terrorist group DarkSide,...
Up to 87 percent of Dogecoin mining is done by Chinese-affiliated companies or is mined in China outright, Crypto New Media reported. Comparatively, Bitcoin does not have nearly as much mining in China, according to the report. Instead, more bitcoin companies have been mining in...
Twitter and Square CEO Jack Dorsey has come out in favor of bitcoin, saying Square would always work to boost the cryptocurrency, Bloomberg says. Dorsey said bitcoin “changes everything for the better.” He made the tweet in what seemed to be a response to a...
Argentinian tax authorities are looking at scrutinizing operations involving cryptocurrency, Cointelegraph writes. Argentina’s Federal Administration of Public Income (AFIP) has told domestic crypto exchanges to put out monthly reports on the way users are using their platforms. The authority wants local crypto firms to keep up...