Bitcoin And Crypto Suddenly Branded A ‘National Security Issue’

Bitcoin and cryptocurrencies have been thrown into the limelight over recent months by social media giant Facebook’s plans to launch its own private cryptocurrency next year, with much of the attention negative. U.S. President Donald Trump sent shockwaves through the bitcoin and cryptocurrency community last week when he branded bitcoin “based on thin Read more…

The Anatomy Of A Fake Cryptocurrency Trade: How Exchanges Create Phony Transactions

Take a close look at trading activity on BKEX—a cryptocurrency exchange founded in 2018 and registered in the British Virgin Islands—and you’ll see something odd. Compare its transactions side-by-side with those of Binance, one of the largest crypto exchanges in the world, and you’ll notice BKEX’s trading history is a replica, printing the Read more…

local bitcoin cash ban

LocalBitcoin Loses Traders After Cash Trading Ban: ‘Not Very Local’

On June 1, Finnish peer-to-peer (p2p) bitcoin (BTC) trading platform LocalBitcoins quietly removed in-person cash trading from its service. Three days later, the company publicly confirmed the ban on Twitter. As per the accompanying statement, LocalBitcoins had to renounce local cash trading to “adapt to the current regulatory environment.” The removal of the option has angered users, who Read more…