Author Archives: creative

Monex’s Coincheck Vs Mt. Gox: Can Traditional Finance Save A Hacked Crypto Exchange?

The recent Monex 100% acquisition of crypto exchange Coincheck, which suffered a major hack in January, sets a new example for compromised crypto exchanges. The aftermath of the January 26 hack of more than $500 mln worth of NEM from Japanese crypto exchange Coincheck has led to a regulatory re-examination of Japan’s crypto industry, so far culminating in the $33.5 mln sale of the hacked exchange to Japanese financial services provider Monex Group. Japan had been one of the leading countries in crypto adoption when it legalized […]

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Pakistan’s Central Bank Prohibits Crypto Dealings with a Circular

The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies and tokens, the document states.     Also read: India Orders Banks to Drop Cryptos, Studies Issuing its Own Digital Coin Bitcoin, Pakcoin, Onecoin… Deemed Illegal Pakistan’s central bank says virtual currencies like […]

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Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review: March 31 – Apr. 6

Stock markets display mixed performance. There is a general decline in crypto markets with head and shoulders likely forming on both BTC and ETH. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: Mixed performance Global equity markets ended mixed last week, ranging from a 2.0% gain […]

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US: Class Action Filed Against Nano Developers, Demands ‘Recovery Fork’ Of Lost Funds

In a new class action lawsuit, Nano developers are accused of giving unqualified recommendations to store Nano on Italian exchange Bitgrail. A new class action lawsuit has been filed in the United States District Court Eastern District of New York on behalf of investors in Nano (XRB, formerly Raiblocks), according to a class action complaint signed April 5. The lawsuit is being filed by an American individual, Alex Brola, through Silver Miller law firm, and alleges that Nano’s core team both violated US securities laws by selling […]

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Petition To Reverse Indian Central Bank’s Crypto Ban Gains 17,000 Signatures

So far, 17,000 people have signed a public petition to protest the central bank of India’s ban on crypto-related accounts A Change.org petition for “Mak[ing] India at the forefront of Blockchain Applications Revolution” in response to the Indian central bank ending all dealings with crypto-related accounts this week has gained over 17,000 thousand signature since going online April 5. The petition requests that the Indian government support the Blockchain and crypto sphere, specifically because it provides young people with jobs: “There are tens of thousands of youth […]

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Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

Cryptocurrency users in India are using the internet to voice their protest over a recent crackdown by the country’s central bank. Instead of allowing it to be stifled, petitioners call on the government to help cultivate the new ecosystem which can benefit India in various ways.    Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDs Digital Asset Exchanges of India Petition The Indian cryptocurrency community has reacted swiftly to the recent Reserve Bank of India (RBI) action against it, which directed all regulated entities […]

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ImmVRse: The Future of VR Content Sharing

Virtual Reality and Beyond! ImmVRse is a platform that is specially tailored to the needs of VR creators and those who want to find them. The platforms main goal is to act as a space where VR creators, advertisers, producers and anyone with anything to offer video creation can come together and find each other. The ImmVRse token acts as the currency in which the parties and individuals can pay each other for services rendered. The Blockchain technology is what will ensure transparency and secure all transactions […]

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ThinkCoin: TradeConnect’s Premier Token

What Is ThinkCoin And What Makes It Special? ThinkCoin is TradeConnect’s very own Cryptocurrency. And what is TradeConnect? TradeConnect is a safe and secure trading platform where all sorts of currencies can be bought and sold. What makes TradeConnect different from similar platforms is that they have incorporated the trusted Blockchain into their platform and this assists in speeding up processing times to just a few seconds and not days like many other trading sites. TradeConnect and ThinkCoin aim to solve a variety of problems that the […]

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BCH-Promoting Twitter Account @Bitcoin Suspended, Internet Debates ‘Death Of Free Speech’

@Bitcoin, a Twitter account associated with Bitcoin Cash, has been suspended to both applause as well as accusations of the death of free speech. In a Twitter-based continuation of the Bitcoin (BTC) vs Bitcoin Cash (BCH) debate, the BCH-promoting Twitter handle, @Bitcoin, has been suspended by Twitter, seemingly due to a large number of complaints from Twitter users – likely Bitcoin supporters – Sunday, April 8. The rivalry between Bitcoin and Bitcoin Cash, a hard fork of the Bitcoin Blockchain that took place in August 2017, is […]

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More Communities Join the Legal Action against Crypto Ads Ban

Cryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia.   Also read: Twitter Confirms Restrictions on ICOs and Cryptocurrency Token Sale Ads Lawsuit to Be Filed In May Organizations uniting cryptocurrency investors and blockchain companies from three more countries have supported the class action against internet giants banning crypto […]

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