Cryptocurrency
Instances of cryptojacking on Apple OS devices on the rise
A malware that infiltrates devices with the Mac operating system is being distributed in the Apple ecosystem. It comes as a surprise to many, as Apple has, for years, bragged about its immunity to this type of attack. According to…
Established German bank adds cryptocurrency custody service
To provide cryptocurrency and digital asset management services, Swiss company Metaco and German bank DZ have collaborated on a new project. DZ appears to be, in terms of assets, the second-largest lender in Germany behind Deutsche Bank. DZ Bank has…
Cryptocurrency exchange FTX is resuming withdrawals in Japan
On Monday, the Japanese subsidiary of FTX, the bankrupt cryptocurrency exchange, announced that it’s partially restarting operations in Japan. It explained that customers of its Japanese subsidiary can withdraw their cryptocurrency deposits as well as fiat currency deposits starting February…
El Salvador is going to build a Bitcoin Embassy in Texas
Having adopted Bitcoin as legal tender in 2021, El Salvador is pushing its Bitcoin initiative further by partnering with the Texas government. As part of the intergovernmental partnership, El Salvador will develop an office in Texas to help promote the…
Revolut launches new cryptocurrency staking feature in the UK
Revolut recently launched a cryptocurrency staking feature in its app in an effort to maintain its position as one of the largest neo-friendly banks in Europe. It is Revolut’s intention to take advantage of the growing interest in crypto among…
LocalBitcoins is shutting down its cryptocurrency trading platform
LocalBitcoins, a Finnish peer-to-peer (P2P) cryptocurrency platform, will close its doors following more than a decade of service to its customers. As a result of the strong current market conditions in the cryptocurrency market, Local Bitcoins announced the end of…
Cryptocurrency exchanges unite to help earthquake victims in Turkey and Syria
More than 5,000 people have been killed and thousands more have been injured as a result of the earthquake which struck Turkey on Monday. Now, cryptocurrency exchanges are coming together to offer their support. Crypto companies, including BitMEX, Binance, Bitfinex,…
Cryptocurrency exchange Kraken shutters Middle East operations
After receiving legal approval to operate in Abu Dhabi less than a year ago, the cryptocurrency exchange Kraken has decided to shut down its Abu Dhabi headquarters. In addition to shutting down its Abu Dhabi office, Kraken has laid off…
The UK presents its draft guidelines for cryptocurrency
It has been announced that the UK intends to regulate Bitcoins and other cryptocurrencies within the country in the near future. In his presentation, Economic Secretary to the Treasury Andrew Griffith explained that the country remains committed to growing the…
MasterCard and Unbanked look to expand cryptocurrency use in Europe
In Europe, Unbanked, a provider of white-label services such as cryptocurrency card issuance, is working to advance crypto use by Web3 companies. To do so, it has teamed up with MasterCard in order to expedite the issuance of DeFi cards…
The Netherlands fines Coinbase $3.6M for violating trading rules
The Dutch financial regulator has fined cryptocurrency company Coinbase €3.3 million (US$3.6 million) for providing crypto trading services without being registered. The Dutch central bank, De Nederlandsche Bank (DNB), which oversees financial activity in the Netherlands, issued the fine, knowing…
Switzerland-based SEBA Bank expands cryptocurrency offerings
In an effort to simplify cryptocurrency banking and meet the needs of traditional investors as well as digital investors, SEBA Bank, a Swiss-based digital asset bank, has launched a new offering in order to make cryptocurrency banking easier. A press…
Vueling Airlines now accepts cryptocurrency for flight purchases
There have been a few attempts at bringing cryptocurrency to mainstream retail over the years, but the process is slow. Still, a number of retailers are onboarding digital payments from time to time, and a budget airline out of Spain…
Google AdWords not smart enough to stop crypto-phishing apps
There is an increasing trend for cybercriminals to take advantage of the popularity of non-fungible tokens (NFTs). They’re targeting the growing number of NFT influencers to send malware and drain cryptocurrency wallets from NFT influencers, one of the major uses…
El Salvador approves new law to offer cryptocurrency-based bonds
El Salvador has approved a new special bond backed by Bitcoin called the “Volcano Bond.” The objective is to pay the sovereign debt and finance the construction of the so-called Bitcoin City. The project was approved with 62 votes in…
New cryptocurrency recovery tool hopes to end cyberthefts
The launch of a new cryptocurrency recovery system has been announced by Chiron Investigations Crypto Recovery Solutions, a leading cyber forensics firm. The solution is designed to reclaim lost cryptocurrency assets by individuals and businesses following instances of cybercrime. It…
