
Google removes 8 fake cryptocurrency mining Apps at Play Store
Aug 24, 2021 23:19 pm UTC| Digital Currency Economy
Google Play removed eight apps masquerading as cryptocurrency cloud miners but functioned by tricking users into watching advertisements, according to security firm Trend Micro. The eight fake cryptocurrency apps were...

Chinese high court's ruling that cryptocurrency ‘not protected by law’ seen as setting precedent
Aug 24, 2021 03:52 am UTC| Law Digital Currency
Northern Shandong provinces high court ruled that cryptocurrency is not protected by law that could set a precedent for other Chinese courts now that investment and trading in digital assets are outlawed. The plaintiff...

Over 85,000 Swiss merchants now accept cryptocurrency payments
Aug 24, 2021 02:59 am UTC| Digital Currency Economy
Over 85,000 merchants in Switzerland now accept cryptocurrency payments from customers through a collaboration between Swiss crypto-financial services company Bitcoin Suisse and French payment and transactional services...

Thief returns final tranche in $610 million cryptocurrency heist
Aug 23, 2021 23:19 pm UTC| Digital Currency Economy
The hacker that stole over $600 million worth of digital tokens from the decentralized finance platform Poly Network in the all-time biggest cryptocurrency heist has granted access to the final tranche of stolen...

Binance tightens background checks as global anti-money laundering regulatory pressure mounts
Aug 21, 2021 16:36 pm UTC| Digital Currency Economy
The worlds biggest cryptocurrency exchange Binance would begin demanding stricter background checks on customers to bolster efforts against money laundering in response to global pressure by regulators. Binance users...

Hundreds of cryptocurrency traders to sue Binance for millions lost due to outage
Aug 20, 2021 23:53 pm UTC| Digital Currency Law
Hundreds of cryptocurrency investors are expected to join arbitration proceedings against Binance to recover losses caused by the exchanges outage on May 19. That day, bitcoin and ethereum posted their highest one-day...

UWM hopes to become first US mortgage lender to accept crypto payments, gives nod to bitcoin
Aug 20, 2021 23:21 pm UTC| Digital Currency Economy
United Wholesale Mortgage (UWM) is hoping to become the first US mortgage company to accept cryptocurrency to satisfy mortgage payments The Michigan-based UWM hopes to start accepting bitcoin in Q3, and it is currently...