Russian Courts Can’t Agree on Whether Crypto Is Property

Russian courts are making conflicting rulings on whether bitcoin and other cryptocurrencies count as property. In one new case, Saint Petersburg’s district court has refused to force bogus law enforcement officers to return cryptocurrencies extorted from a victim on the basis that digital assets are not legitimate assets. According to the press office Telegram channel […]

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Thai Bitcoin Exchange Reopens with Enhanced Services

Thailand based bitcoin exchange Bitcoin.co.th has relaunched as a full exchange after months spent offline and in testing, with a focus on security and ease of use, according to its founders. That Thailand has open exchanges at all is significant, given the country’s ongoing reputation in some media as a bitcoin-unfriendly jurisdiction. Bitcoin.co.th went offline […]

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Crypto’s Biggest ICOs Stay Silent on SEC Subpoenas

The silence is deafening. After rumors began to fly late last week that the SEC has been sending out subpoenas to initial coin offerings (ICOs), some of the biggest projects to yet utilize the funding mechanism have remained tight-lipped, refraining from public commentary. CoinDesk has so far reached out to the 14 best-known issuers that […]

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1 Million Computers Hacked to Mine $2 Million-Worth of Cryptos

Cryptocurrency mining malware that infected over a million computers in China reportedly earned its creators more than $2 million over two years. According to a local news report on Monday, police in China’s Da Lian city have arrested 20 suspects from a computer technology firm who allegedly gained control of the large number of computers […]

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Another Central Bank in Africa is Warning About Onecoin

Uganda’s central bank is warning local residents about Onecoin, a digital currency scheme widely accused of being a scam. The Bank of Uganda published an advisory earlier today which called for consumers to be mindful of the risks of investing in digital currencies. Specifically, the notice highlights the creation of a company called “One Coin Digital Money” […]

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How Oil Going Negative Could Open the Door for Bitcoin ETFs

This will always be remembered as the week when oil went negative. The economic repercussions of this are staggering and will take months to fully comprehend – but, more short-term, one of the most fascinating aspects is how it knocks universally accepted truths about markets right into the oil can.  Also compelling is what this […]

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Singapore Won’t Tax Airdrops or Hard Forks Under New Crypto Guidance

Singapore’s tax authority will not take a cut of airdropped cryptocurrency so long as the recipient gets it for free, according to an income tax treatment guide published Friday. The Inland Revenue Authority of Singapore (IRAS)’s new e-tax guide, published Friday, filled in the tax gaps for so-called “digital tokens,” a catchall for three crypto […]

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Crypto Crime Blotter: Scammers Dupe Jersey Island Man Out of £1.2 million, Backpage Laundered Cash With Crypto

Another week, another bunch of crypto crimes. In what we hope will be a regular series of posts, we’ve rounded up the week’s biggest bits of crypto crime. First up? A Isle of Jersey victim who sent £1.2 million to scammers who pretended to offer him or her bitcoin. The scammers – who authorities claim came from […]

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UK Counties Warn of Bitcoin Scams Using Coronavirus as a Hook

U.K residents are being warned against scammers claiming to offer information on locals infected with coronavirus for payments in bitcoin. Local councils from the counties of Pembrokeshire, Manchester and Norfolk have issued warnings to local residents against scams using the COVID-19 outbreak to exploit fear and uncertainty through text messages and emails posing as an […]

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