Category Archives: Cryptocurrency News

Bitfinex and Tether launched a cryptographically protected video call service

Crypto companies Bitfinex and Tether have jointly entered the peer-to-peer (P2P) application market by offering private video communications with the ability to integrate USDT. Together with P2P infrastructure developer Hypercore, the companies created a new legal entity and protocol called Holepunch. Based on it, three project participants launched the Keet application for peer-to-peer cryptographically encrypted video calls. Keet will allow users to schedule audio and video calls, send text messages and share files for free.…

Barclays begins investing in the digital asset market

The British bank Barclays, despite the crisis in the crypto industry, intends to invest in the custodial service Crypto Copper in the “range of millions of dollars.” An international private bank headquartered in London is investing in a crypto service that stores $2 billion worth of cryptocurrencies as part of its latest funding round. Barclays is one of the UK’s largest banks with total assets of around $1.4 trillion as of 2021. Until now, the…

The Prosecutor of South Korea conducted searches in the offices of seven crypto-exchanges

Employees of the South Korean prosecutor’s office staged a raid, during which they raided legal entities, one way or another related to the investigation into the collapse of the Terra project. The offices of seven local stock exchanges were searched. Law enforcement is investigating whether the collapse of the Terra ecosystem was a deliberate move by Terraform Labs founder and CEO Do Kwon. Prosecutors visited the offices of the trading exchanges Bithumb, Upbit, Coinone and…

South Korean sports committee official laundered budget money through bitcoins

A senior South Korean sports committee accountant who manages state funds for mass sports has confessed to stealing taxpayer money in exchange for cryptocurrency. An employee of the sports council of the South Korean city of Mokpo, who is responsible for the operating expenses of local amateur and semi-professional sports teams, stole more than $ 367,000. The official and her husband spent the money on investments in cryptocurrency. A few months ago, the sports committee…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Cryptocurrency exchange Zipmex resumes withdrawals and deposits of customer funds

The Thai Cryptocurrency Exchange announced the resumption of deposit and withdrawal operations on the platform. The Zipmex exchange announced that the resumption of deposit and withdrawal operations will begin at 18:00 (GMT +7) on July 21. At the same time, trading operations with crypto assets will not be available until a special order from the company. A day earlier, the CEO of the crypto exchange, Marcus Lim, announced the suspension of the withdrawal of funds,…

The Shiba Inu Team Engaged The Third Floor Studio To Create The Metaverse

Developers Shiba Inu have entered into an agreement with the American visualization studio The Third Floor to create the virtual world of SHIB: The Metaverse Project. The stage operates in entertainment, film, television, video games, and virtual and augmented reality. For 17 years, The Third Floor has collaborated with renowned directors and designers. The company has been involved in the creation of the Marvel Cinematic Universe, Star Wars, Dune, and Avatar. The Third Floor’s client…

Finland sold stock of confiscated bitcoins

According to the Finnish customs authorities, the service sold most of the stock of confiscated bitcoins and transferred more than €45 million to the state. Financial Director of the Finnish Customs Service (Tulli) Pekka Pylkkanen (Pekka Pylkkänen) said that most of the bitcoins previously confiscated by court order have been sold. The bulk of the virtual currency was confiscated in raids until 2018, and the authorities took a long time to decide what to do…

South Korea has postponed the imposition of a tax on cryptocurrencies

The South Korean government has postponed the introduction of a 20% tax on cryptocurrencies for two years. The new law was to come into force on January 1, 2023. Government officials announced that the decision was made amid a sluggishness in the crypto market and additional time needed to prepare measures to protect investors. Initial plans to impose a tax on cryptocurrency profits exceeding 2.5 million won ($1,900) in one year remain unchanged. The new…

FBI warns of rise in fake cryptocurrency investment apps

The US Federal Bureau of Investigation (FBI) has warned about the spread of fraudulent applications for investing in cryptocurrencies and their subsequent theft from US investors. The FBI reported that cybercriminals are contacting American investors, offering them supposedly legitimate services for investing in cryptocurrencies. Then they convince people to install fraudulent mobile applications and deposit funds, which are subsequently not returned to investors. According to the FBI, cybercriminals have already managed to steal about $42.7…