Category Archives: Cryptocurrency News

ReasonLabs warned about malware with a “Russian trace”

Cybersecurity firm ReasonLabs has reported hidden Monero mining malware in pirated copies of the latest Spider-Man movie. ReasonLabs warned that users who are trying to download illegal copies of the movie “Spider-Man: No Way Home” from torrent sites can download the infected file “spiderman_net_putidomoi.torrent.exe”. Given the name of the file, ReasonLabs believes that its source “is most likely a Russian torrent tracker.” According to cybersecurity experts, after getting on the victim’s device, the malware adds…

SEC rejected applications for bitcoin ETFs from Valkyrie and Kryptoin

The US Securities and Exchange Commission has rejected applications from Valkyrie and Kryptoin to launch Bitcoin-linked ETFs. According to the Commission, the changes to the NYSE Arca and Cboe BZX rules for listing and trading the products of these companies do not meet the requirements of section 6 (b) (5) of the US Stock Exchange Act. The regulator noted that stock exchanges are required to prevent fraudulent activities and market manipulation to protect investors and…

NBER: the share of illegal transactions in BTC does not exceed 3%

The National Bureau of Economic Research (NBER) published a report refuting the information that 46% of the volume of transactions in bitcoin are associated with illegal activities. The NBER posted a report stating that the share of illegal transactions in BTC is no more than 3%. On the other hand, researchers argue that the volume of bitcoins used in exchange trading, which is mostly speculative, accounts for about 80% of the total volume of cryptocurrencies.…

Bankhaus Scheich sells confiscated cryptocurrency worth € 100 million

The Frankfurt Prosecutor General’s Office announced a partnership with Bankhaus Scheich to legalize and resell the confiscated cryptocurrency, in which assets worth € 100 million were sold. Since cryptocurrencies are associated with cybercrime, they are considered “dirty coins” and cannot be traded on exchanges. Therefore, the German prosecutor’s office together with Bankhaus Scheich have developed special mechanisms for its legalization. Senior Attorney Jana Ringwald said: “Cryptocurrencies have become a means of payment for cybercriminals. Therefore,…

Developing countries in Africa and Asia have the highest level of cryptocurrency adoption

The analytical company Chainalysis conducted a study, according to the results of which the adoption of cryptocurrencies in Africa and Asia is facilitated by the widespread adoption of P2P platforms. The Chainalysis report says the Global Cryptocurrency Adoption Index for 2021 is up 880% thanks to the use of P2P platforms that drive digital asset adoption in emerging markets. Analysts reported that 6 of the 10 countries with the highest cryptocurrency adoption rates are in…

Revenue from games based on NFT for the III quarter of 2021 was $ 2.32 billion

The Blockchain Gaming Alliance (BGA) reported that the market capitalization of the metauniverses in DeFi has reached an all-time high of $ 4.6 billion. The BGA posted a report stating that the blockchain gaming sector continues to grow and dominates the NFT market. Its share in the III quarter of 2021 in the global NFT market was about 22%. According to the report, from July to September alone, NFT gaming revenues were $ 2.32 billion.…

BitMEX will launch its own BMEX token

BitMEX cryptocurrency exchange plans to issue 450 million BMEX tokens in February 2022. Token holders will receive discounts on trading operations and increased profitability from exchange products. BitMEX announced that it will distribute 20% of tokens to employees, 25% will be used to maintain the BMEX ecosystem, and the rest of the assets will be received by users as a reward. New clients of the trading platform will also be able to participate in the…

SBI Group launched a cryptocurrency fund in Japan for private investors

Japanese financial group SBI’s new fund will invest in NFTs and Bitcoin futures ETFs. SBI Group announced the launch of a diversified cryptocurrency fund in Japan, which was founded on December 2, 2021. The fund consists of seven cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Polkadot (DOT), ChainLink (LINK). The maximum investment ratio per crypto asset is 20%, investments will be allocated according to the market capitalization ratio. The company…

Binance Smart Chain Foundation Invests in Crypto Gaming United

The Binance Smart Chain Foundation will provide funding to Crypto Gaming United, a cryptocurrency gaming platform, to develop the Play-to-Earn metaverse economy and create 1 million jobs. With a $ 1 billion investment from Binance Smart Chain Fund (BSC), Crypto Gaming United (CGU) will be able to leverage the emerging Play-to-Earn metaverse economy and increase employment opportunities in the blockchain gaming industry for Crypto Gaming United (CGU). … Metaverse platforms are attracting more and more…

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…