Former Indian Lawmaker Declared ‘Offender’ in Bitcoin Extortion Case A former Indian politician allegedly involved in a $1.3 million bitcoin extortion case has been declared a “proclaimed offender” by a local court.… Read More
Major Crypto Exchanges Face Action Over Money-Laundering Fears Japan’s Financial Service Agency is further cracking down on what it considers lax compliance with AML rules at larger, licensed exchanges.… Read More
Internet Cafes Hacked to Mine $800,000 Worth in Siacoin Crypto A group of hackers have allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptos.… Read More
Bank of Korea: Central Bank Cryptocurrencies Pose ‘Moral Hazard’ South Korea’s central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.… Read More
Chinese City Causes Confusion with Digital Asset Exchange Proposal A city government in China is mulling the creation of a “blockchain digital asset exchange,” but no one is quite sure what it means.… Read More
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos South Korea-based Coinrail has not disclosed the exact amount lost in the breach, but data suggests the damage could be $40 million.… Read More
Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.… Read More
Korean Police Allege Coinone’s Crypto Margin Trading Is Illegal Gambling A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling. … Read More
Japan’s FSA May Issue First Registration Denial to Crypto Exchange Japan’s Financial Service Agency is reportedly planning to issue its first ever refusal to a registration application filed by a crypto exchange.… Read More
Chinese Firm Reportedly Nets $18 Million in ‘Questionable’ Token Sale Despite China’s 2017 ban on ICOs, a Chinese firm still appears to have openly promoted a token sale that reportedly raised $18 million. … Read More