Thai Actor Maintains Innocence with $24 Million Bitcoin Fraud

Thai Actor Maintains Innocence with $24 Million Bitcoin Fraud

Advertisement The charges on famous Thai actor Jiratpisit “Boom” Jaravijit and his sibling, Thanasit Jaravijit were heard earlier this week in court concerning an alleged bitcoin fraud worth nearly a billion baht (about $24 million), according to a local news outlet. The popular soap actor showed up at court well ahead of schedule but tried to…

CBOE Close to Launching Ethereum Futures: Report

CBOE Close to Launching Ethereum Futures: Report

Advertisement CBOE, the Chicago exchange that pioneered the listing of bitcoin futures in the U.S., has quietly begun telling market makers that it is close to launching a new cryptocurrency product: ethereum futures. Citing an unnamed source with knowledge of the situation, Business Insider reports that CBOE wants to become the first U.S. exchange to…

Not a Ticket to Riches: Average Cryptojacking Website Makes Only $5.80 per Day

Not a Ticket to Riches: Average Cryptojacking Website Makes Only $5.80 per Day

Advertisement The amount of money that the average cryptojacker makes in a day places them squarely below the developed world’s poverty line. This came to the fore after a study conducted by researchers at Germany’s Braunschweig University of Technology revealed that even though some high-traffic websites profit handsomely from cryptojacking, the average ones only manage…

Such Bulls Much Wow: Dogecoin Price Leaps Over 30 Percent

Such Bulls Much Wow: Dogecoin Price Leaps Over 30 Percent

Advertisement Dogecoin price today had its Thank-God-Its-Friday moment after rising by more than 30 percent against the US Dollar. DOGE/USD began the day by continuing to its bull run. The pair on Thursday had jumped sharply from 0.00246-fiat to 0.00324-fiat, i.e. 31 percent amidst a strong buying spree. As the Asian trading session began today,…

Bitcoin Price Intraday Analysis: BTC/USD Reverses from $7,000

Bitcoin Price Intraday Analysis: BTC/USD Reverses from $7,000

Advertisement Bitcoin on Friday recovered more than 3 percent from its intraday low near $6,800. The BTC/USD began the day continuing to its steady upside recovery and reached as above as 7020-fiat during the early Asian trading session. The bounce back could have been more effective had it managed to break above 7000-fiat for a…

Japanese Social Media Company LINE Launches Cryptocurrency

Japanese Social Media Company LINE Launches Cryptocurrency

Advertisement Japanese social media company LINE is doubling down on its bet that cryptocurrency has a bright future. The publicly-traded LINE announced on Friday that it has launched its own cryptocurrency, named “LINK,” complete with an independent blockchain designed to serve as a platform for decentralized applications (dApps). A LINE representative told CCN that the…

World’s Sixth-Most Popular Website Now Supports Cryptocurrency Trading

World’s Sixth-Most Popular Website Now Supports Cryptocurrency Trading

Advertisement The world’s sixth most popular website has launched a service to allow readers to trade bitcoin, ethereum, and other cryptocurrency tokens directly through its platform. Yahoo.com, which according to Alexa ranks as the sixth most visited website both globally and with the U.S., announced this week that it has partnered with financial API developer…

Russian Watchdog Looks at Tracking Cryptocurrency Transactions

Russian Watchdog Looks at Tracking Cryptocurrency Transactions

Advertisement The Federal Financial Monitor Service, or Rosfinmonitoring, has reached a limited liability company to develop an analytical tool for tracking cryptocurrency transactions, BBC Russia reported. The Russian watchdog requires the addition of a crypto-tracking tool to an anti-financial crime system. The method as a whole would allow the money police to arrange suspicious financial activities…

European Union to Discuss New Rules for Cryptocurrency Sector

European Union to Discuss New Rules for Cryptocurrency Sector

Advertisement The Finance Ministers of 28 European countries on September 7 will meet in Vienna to discuss new rules for the locally emerging cryptocurrency sector. The informal gathering, according to the EU’s draft note, will witness a broad discussion about current policy issues relevant to financial and economic affairs. Bloomberg, which claims to have read…

McAfee’s Bitcoin Wallet Drops ‘Unhackable’ Claim, Bug Bounty after Backlash

McAfee’s Bitcoin Wallet Drops ‘Unhackable’ Claim, Bug Bounty after Backlash

Advertisement After weeks of claiming that its cryptocurrency wallet was unhackable despite being continually disproven, Bitfi has now raised its hands in the air in surrender. In a tweeted statement, the hardware wallet maker said it will no longer use the ‘unhackable claim’ in its promotional materials. “Effective immediately, we will be removing the “unhackable”…