Crypto Crime: UK ‘crypto jacking’ attacks jump 564 per cent in one year February 17, 2022 A new type of cyber crime is on the rise in the UK which sees attackers take over victims' devices in order to steal and mine crypto.
Crypto lending products flourish in UK amid pushback from US regulators February 17, 2022 This week crypto platform Blockfi was ordered to pay $100m in a settlement with US regulators, the SEC's first enforcement against crypto lending accounts.
First crypto-to-pound debit card launched in the UK February 17, 2022 The UK’s first crypto-to-pound credit card has been launched today alongside Mastercard. The new card – a collaboration between CoinJar and EML Payments – allows users to make purchases by converting cryptocurrencies into cash. ”With EML’s technological expertise and Mastercard’s universal acceptance, CoinJar Card gives CoinJar’s customers true day-to-day crypto functionality, whether through smartphones, wearables, [...]
Umbria activates Avalanche cross-chain bridge ahead of schedule February 16, 2022 Umbria has launched the full public use of its highly-anticipated Avalanche bridge a month ahead of schedule.
Criminals hold $25 billion worth of illicit cryptocurrency, Chainalysis report finds February 16, 2022 The latest Chanalysis report has revealed that criminal crypto whales hold over $25 billion in cryptocurrency from a multitude of illicit sources.
Financial Stability Board sounds alarm over crypto assets February 16, 2022 The Financial Stability Board has raised the alarm about the threat posed by crypto currencies to the global economy.
FCA concerned as Binance regains access to UK payments network February 16, 2022 The Financial Conduct Authority expressed concerned about a deal reportedly giving Binance access to a large UK payments network.
Warren Buffett’s Berkshire Hathaway dumps Visa and Mastercard stock and buys $1bn in Bitcoin fintech Nubank February 16, 2022 Berkshire Hathaway, Warren Buffett’s investment vehicle, has reportedly ditched more than $3bn in stock in payment processor giants Visa and Mastercard. According to a securities filing in the U.S., dated 14 February, the investment giant has sold $1.8bn in Visa shares and $1.3bn in Mastercard stock. At the same time, the company increased its participation [...]
Canada emergency bill targets crowdfunding and crypto February 16, 2022 The Canadian government has taken aim at the fundraising efforts of protesters opposing Covid-19 restrictions with new crypto rules.
Bitstamp founder loses bitter court battle with new owners February 16, 2022 A bitter dispute between the founder of crypto exchange Bitstamp and the company's new owners has reached its end.