Concerns are growing surrounding Iran’s use of cryptocurrencies like Bitcoin and Monero – and soon, their own native cryptocurrency – to evade economic sanctions put in place by the U.S., prompting FinCEN to issue an advisory on the topic. FinCEN on Iran’s Exploitation of Financial Markets The Financial Crimes Enforcement Network (FinCEN) has issued an…
Markets are sleepy this Sunday, Ethereum is holding steady, Bitcoin Cash, Litecoin and Monero dropping back. There has been a very minor pullback in crypto markets today. In general though things have been pretty static over the weekend and total capitalization has remained over $200 billion for another day. Bitcoin has lost a fraction since…
In a report published earlier today, the Finance Committee of France’s National Assembly has stated that it would be appropriate to ban all cryptocurrencies focused on providing greater anonymity to the user. The committee went on the write that such cryptocurrencies posed heightened risk of various financial crimes. The rest of the report was not…
As the Indian government further complicates their stance on whether or not citizens should be allowed to trade and own cryptocurrencies, hackers have found a way to exploit government websites in order to make a fortune in cryptocurrency through a popular hack called cryptojacking. A team of security researchers have found that multiple government owned…
Monero price up 27 percent after closing above $60 Tokenomy Exchange now support Monero (CMR) Two weeks after the Boron Butterfly update, Monero (XMR) is surging, up 27 percent and trending within a bullish breakout pattern. With the upgrade, the network is secure after patching Big Bang and decentralized thanks to ASIC resistance. Monero Price…
Markets are pretty flat this Saturday; Tezos, Monero, and Nano are having a good start to the weekend. Crypto markets have remained steady as we enter the weekend. No more gains have been made but they haven’t dumped again either. Total market capitalization has remained above $200 billion for the time being. Bitcoin has not…
The crypto market this morning is a sea of red, following a massive breakdown by the leading cryptocurrency by market cap, Bitcoin. The market leader breaking down has led to as much as 10% declines across the board in most altcoins, including Ethereum, EOS, Binance Coin, and many others. Is this time to buy the…
Between wild price volatility, the fear of Bitcoin-stealing malware, the risk of having assets left on an exchange that could become a target of hackers, and so much more, crypto investors are stuck looking over their shoulder at every turn. Cyber criminals are pulling out all the stops, doing everything from creating fake websites, to…
An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies that allow for much more anonymity. Wall…
A popular cryptocurrency recently made its way into the checkout payment option of a top-rated video game. And yes, it was not Bitcoin. Monero, a privacy-enabled offspring of the same technology that powers the Bitcoin payment protocol, can now be used to purchase gaming merchandise on Fortnite. The online video game, first released in 2017,…