Coinsuper exchange users went to the police due to the blocking of assets

Cryptocurrency News

Dozens of clients of the Hong Kong-based trading platform Coinsuper have contacted the local police due to the fact that they have not been able to withdraw assets totaling $ 55,000 from the exchange since the end of November. Clients of the Coinsuper cryptocurrency exchange told the Hong Kong police that their assets were blocked by the site operator for some unknown reason. Dozens of affected users wrote on Telegram that they cannot close deposits…

Samsung launches 837X flagship store powered by Decentraland

Cryptocurrency News

Korean electronics maker Samsung continues its NFT and metaverse development with the launch of an electronic version of its 837X flagship store on the Decentraland platform. According to Samsung’s website, the virtual store is replicating its physical prototype located in Manhattan, New York. The new store on the Decentraland platform was named 837X. “This is one of the largest ever for a brand to enter the Decentraland virtual platform,” Samsung said in a statement. A…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

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…

Thailand Introduces Capital Gains Tax For Cryptocurrency Traders

Cryptocurrency News

The Kingdom of Thailand is tightening regulations for miners and introducing a capital gains tax on cryptoasset transactions. While the Kingdom’s Ministry of Tourism is trying to stimulate the nascent crypto industry, attract crypto asset owners to the country and revive the coronavirus-affected tourism industry, these efforts are being thwarted by the government, which intends to further tighten regulation of cryptoasset transactions. According to a Bangkok Post source in the Thai Ministry of Finance, from…

South Korean presidential candidate will issue an NFT for campaign finance

Cryptocurrency News

The Democratic Party of South Korea is the first in the world to use collectible tokens for political purposes. The ruling Democratic Party of Korea (KDP) has announced plans to release an NFT featuring its presidential nominee to fund his campaign campaign. The fundraising plan involves accepting donations in cryptocurrency; in return, donors will be issued receipts in the form of NFTs with photographs of the candidate or his campaign promises. The election is set…

Moneygram acquired a 4% stake in crypto ATM operator Coinme

Cryptocurrency News

Payment operator MoneyGram has become a minority shareholder in crypto ATM operator Coinme. According to MoneyGram, the company’s investment policy is a continuation of the strategic partnership with cryptocurrency exchange Coinme, which the parties announced in May 2021. The integration of MoneyGram and Coinme will provide customers with a quick and easy way to conduct foreign exchange transactions, buy BTC for cash and withdraw money back to fiat. The parties do not disclose the actual…

Salvador will issue bonds in bitcoins for $ 1 billion

Cryptocurrency News

Bills to create legal support for the issue of Volcano Bonds denominated in bitcoins have been sent to the El Salvadorian Congress. El Salvador’s Finance Minister Alejandro Zelaya said that bills would soon be brought before Congress to ensure the legitimacy of the Volcano Bonds, Reuters reported. The government continues to work to create a legal framework governing the issuance of Bitcoin-denominated securities. The twenty bills to be approved in Congress are aimed at “providing…

Public testing of a mobile digital yuan wallet has begun in China.

Cryptocurrency News

The developers of the digital yuan wallet have released a pilot version of a mobile application for working with e-CNY. The app is available for both iOS and Android users. According to a local publication BlockBeats, some Chinese residents may “open and manage” a digital yuan wallet. The mobile wallet also supports e-CNY exchange and forwarding functions. The application was developed by the Digital Currency Research Institute at the People’s Bank of China. However, not…

DeFi Tinyman Project Lost $ 3 Million Crypto Assets As A Result Of Cyberattack

Cryptocurrency News

The developers of the DeFi project Tinyman reported that hackers took advantage of a previously unknown vulnerability in a smart contract designed to burn tokens and withdrew $ 3 million worth of crypto assets. According to a blog post on the project, the hackers created and activated wallet addresses, after which they made a test deposit for the subsequent hacking of the protocol. The attackers then conducted transactions with the target pools, exchanged part of…

Israeli authorities will confiscate $ 840,000 worth of cryptocurrency from the wallets of an exchange linked to the Hamas

Cryptocurrency News

Israeli Defense Minister Benjamin Gantz signed an order to confiscate about $ 840,000 worth of cryptocurrency from the wallets of the al-Mathaddon exchange linked to the Hamas. In the last week of 2021, Israeli Defense Minister Benjamin Gantz approved an order to confiscate a cryptocurrency worth 2.6 million shekels (about $ 836,467) from the al-Mathaddon exchange, owned by the Malach family and linked to the Hamas terrorist movement. The security service clarified that the company…