Travel Bans Due to Coronavirus Effecting Crypto Industry

US President announced new travel restrictions due to coronavirus. Foreigners who went to certain European Countries within 14 days is suspended to entry. 26 countries were included in the list except for UK. India also announced would district entry of foreigners. Crypto conferences in Asia…

CME Group Shuts Down Trading Floor To Prevent Coronavirus

Chicago Mercantile Exchange (CME) closing its Chicago trading floor on March 13 to the response to coronavirus being named a pandemic by the World Health Organization. However, trading will still continue as usual. This is to 450 traders and trading floor staff safe against infection. Financial markets across the U.S. have been severely affected…

Bitcoin Scammer Sentenced For Decades

Kenneth Warren Rhule, aged 26, is faces decades in Jail. Rhule was caught in April 2018 for running an unlicensed Bitcoin exchange under the alias of “Gimacut93.”He was charged yesterday in the U.S. District Court of Seattle with an eight-count complaint. Most of the complaints center on Rhule using Bitcoin to launder money for…

Sinagpore: CoinPip Close Down Operations

CoinPip, a crypto payment provider, has stopped its operation although reporting growth potential following the launch of its crypto-to-fiat system. The firm closes down its operations from February 11 giving the closure purpose to focus on reviewing license requirements under the Singapore Payment Services Act.

Blockchain Developer Of Torus Labs Positive COVID-19

Torus Labs co-founder Zhen Yu Yong, has just confirmed that he has been infected by coronavirus after attending both the ETL London and Ethereum Community Conference. A participant in two recent Ethereum conferences has contracted with the coronavirus. It has raised concerns that others who were present at the convention may have also contracted…

Israeli-Lithuanian Telecom Startup Joins Hands With NEM To Secure Cell Phone Security

NEM, one of the oldest peer-to-peer blockchain networks, has forged a contract with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping. It will be done by FIX Network implements SYMBOL from NEM’s enterprise-grade blockchain into its existing cellular infrastructure….

Customers Of French Bank Is Not Allowed To Use Coinbase

France is pretty open-minded when it comes to digital currencies. It is quite surprising that BNP Paribas is blocking its customers from using Coinbase digital currency exchange. It appears the issues started this week since transfers were allowed last week but the bank has reportedly not closed off transactions to other crypto exchanges. The…

Australians Crypto Investors Are Set To Receive A Reminder To Report All Crypto Profits

Australian tax watchdog started contacting 350,000 Australians crypto investors through mail and email to remind them of the tax obligation. Citing an anonymous representative Australian Taxation Office told News.com.au that people who sold cryptocurrency during the 2017/18 financial year may be asked to review their tax returns. Those who fail to correct any established…

Presidential Candidate: Adam Kokesh Proposes ‘AmeriCoin’

Libertarian candidate Adam Kokesh appoints Alastair Caithness as his chief blockchain policy advisor to work on the development of the AmeriCoin cryptocurrency. Caithness will also focus on the development of a cryptocurrency fixed to all the assets of the Federal government. These include the U.S. government’s substantial land, energy, gold, timber, and mineral reserves

Argent Wallet Intends To Extend Access To Crypto and DeFi

A noncustodial smart wallet for both cryptocurrencies and decentralized applications has wrapped up a number of funding as its attempts to challenge existing offerings in the industry. Itamar Lesuisse, the co-founder and CEO of the wallet’s developer, explained that Argent unveils it had raised $12 million in a Series A funding round organized by…