Tags : users

Regulation

RBI governor “surprised” that Indian banks cited 2018 laws to

Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today. Crypto surprise Das stated he was “surprised” with local banks citing a (void) circular from 2018 for denying services to crypto businesses and […]Read More

Market

As Microsoft Azure closes shop, ConsenSys Quorum opens up to

Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely been made possible due to advances from the Ethereum network, which are ensuring better […]Read More

Regulation

Reserve Bank of India slams banks after they stop services

The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows. “It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual currencies by […]Read More

Bitcoin

BlockFi users say they can’t withdraw funds after 701 Bitcoin

Users of the crypto lending platform BlockFi are reporting difficulties in withdrawing funds. This comes after a promotional campaign in which over 701 Bitcoin was given away by mistake. Some users say they have received legal threats as the firm tries to recovery the Bitcoin. The incident puts the spotlight on the risks of using […]Read More

Bitcoin

Dutch Bitcoin exchange fends off Central Bank’s verification demands for

Netherlands-based crypto exchange Bitonic today announced that a recent court order has convinced the Dutch Central Bank (DNB) to withdraw its demands for “unlawful and onerous” user verification requirements such as mandatory wallet screenshots. “After reconsideration, DNB comes to the conclusion that this interpretation of Article 2, second paragraph, RtSw, given by DNB, does not […]Read More

Bitcoin

Currency.com says 20% of users expect Bitcoin above $100k by

A crypto-focused survey compiled by Currency.com revealed that the general sentiment on Bitcoin and other digital assets is primarily bullish. The firm is a UK-based platform that also offers a full spectrum of crypto and mainstream assets including tokenized stocks, indices, and commodities. Nearly two-thirds of respondents said they allocate 30 percent of their portfolio […]Read More

Bitcoin

Apple Store scam sees users losing $1.6 million in Bitcoin

Apple users have lost over $1.6 million worth of Bitcoin and other cryptocurrencies to hackers after falling victims to a sophisticated phishing attack involving a fake version of the popular Trezor wallet on the firm’s ‘App Store,’ reported the Washington Post on Tuesday. Losing Bitcoin to fake apps It was the quintessential right thing in […]Read More

Bitcoin

Chipotle invites users to unlock $100,000 in Bitcoin

On April 1, the American chain of fast-food restaurants, Chipotle Mexican Grill will celebrate National Burrito Day by giving away $100,000 worth of Bitcoin, according to a press release published today. “National Burrito Day is a huge moment for Chipotle,” said Chris Brandt, Chipotle chief marketing officer, adding, “We’re always looking for unique ways to […]Read More

Regulation

Hong Kong’s Bitcoin trading ban could see users turn to

Hong Kong’s crypto users could shift to “unregulated” and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend. The way out of regulation The statements came months after Hong Kong’s Financial Services and the Treasury […]Read More