Illegal gambling and casinos result in the outflow of over a trillion yuan annually (around $146.5 billion) from China, said Liao Jinrong, the director general…
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Tag: Cryptocurrency
Indian police begin probe into alleged $270K cryptocurrency exchange scam
The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000. A local news outlet Millennium Post reported…
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World’s largest sovereign wealth fund indirectly holds almost 600 Bitcoin
The Norwegian Government Pension Fund, also known as the Oil Fund, has over $1 trillion in assets, including 1.4% of all global stocks and shares.…
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Fresh reports of Indian crypto ban are “clickbait,” says local source
The draconian bill introduced by the country’s former finance secretary Subhash Chandra Garg in 2019 to ban cryptocurrencies in India haunts the country’s crypto enthusiasts…
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South Korean police seize Bithumb shares in third raid this month
South Korea’s largest cryptocurrency exchange Bithumb has been raided by the Seoul Metropolitan Police for the third time this month, according to a report in…
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A recap of last week’s ‘DeFi Marathon’ hosted by CT China
Cointelegraph China’s DeFi Marathon invited global DeFi projects, venture capitalists, and influential individuals to join a three-day online decentralized finance themed event, from Sep. 2…
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No more cheap electricity for Inner Mongolian crypto miners, officials say
Officials from Inner Mongolia are mulling an electrical policy that would prevent cryptocurrency miners from using inexpensive, state-subsidized electricity. Per the Inner Mongolia Electric Power…
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Miners on Decentralised Storage Network Compete For 4 Million Token Prize
Filecoin, a blockchain-based decentralized storage project, is officially launching its testnet- Space Race to test out the network before the mainnet launch. As promised, Filecoin…
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BitFlyer USA Lands in Hawaii After Regulatory Collaboration
BitFlyer USA, the American branch of Tokyo-based cryptocurrency exchange BitFlyer, unveiled upcoming compatibility in the U.S. state of Hawaii. “We chose Hawaii due to the regulatory…
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Turkey Residents Panicking Over Massive Inflation
Rampant inflation is affecting Turkish residents’ confidence in the lira fiat currency. According to a Reuters report on August 14, locals are dumping lira and…
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