カテゴリー: Digital Currency

Turcoin Ponzi Scheme Exposed, Founders Flee with Millions

Turcoin Ponzi Scheme Exposed, Founders Flee with MillionsTurkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. The company behind the Turkish token stopped distributing dividends earlier in June. […]

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Turcoin Ponzi Scheme Exposed, Founders Flee with Millions

Turcoin Ponzi Scheme Exposed, Founders Flee with MillionsTurkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. The company behind the Turkish token stopped distributing dividends earlier in June. […]

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Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies

Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid ControversiesSouth Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Service Could Resume Around July 15 South Korea’s seventh largest crypto […]

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Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies

Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid ControversiesSouth Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Service Could Resume Around July 15 South Korea’s seventh largest crypto […]

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All Regulated Japanese Exchanges to Prohibit Insider Trading and Privacy Coins

All Regulated Japanese Exchanges to Self-Prohibit Insider Trading and Privacy CoinsThe association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules. The focuses are on banning insider trading and preventing exchanges from listing privacy coins. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Insider Trading Banned The Japan Virtual Currency Exchange Association (JVCEA) has given […]

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Japan’s SBI Crypto Exchange Adds Two Major Cryptocurrencies

Japan’s SBI Crypto Exchange Adds Two Major CryptocurrenciesJapan’s SBI Virtual Currencies has added support for two major cryptocurrencies in addition to the one trading pair that its crypto exchange service, Vctrade, launched with. Users who pre-registered prior to the launch can now trade BTC, BCH, and XRP against the Japanese yen. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space BTC and […]

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

As Korean Crypto Exchanges Step Up AML Compliance, Banks Are FailingAs the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. South Korea has also been discussing ways to boost crypto-related AML measures with the U.S. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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This Village Decided to Launch Japan’s First Municipal ICO

This Village Decided to Launch Japan's First Municipal ICOA village in Japan has announced its decision to launch an initial coin offering in order to secure funds for creating a sustainable region. This will be the first time in Japan for a municipality to use a token sale to raise funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Local Government Launching […]

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This Village Decided to Launch Japan’s First Municipal ICO

This Village Decided to Launch Japan's First Municipal ICOA village in Japan has announced its decision to launch an initial coin offering in order to secure funds for creating a sustainable region. This will be the first time in Japan for a municipality to use a token sale to raise funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Local Government Launching […]

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Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer VirusesJapanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since it […]

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