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Finnish bitcoin services provider, Prasos, has lost all but one of its banking partners. Prasos’ chief executive officer recently revealed that four Finnish banks have terminated services with the company, leaving Prasos reliant on a single bank. Also Read: Belgium Warns of 19 Cryptocurrency Trading Platforms Showing Signs of Fraud Finnish Banks Terminate Services With Prasos … Read more
It appears things are going from bad to worse for the NEO ecosystem as of right now. After the recent failure of a consensus node, it seems the blockchain ran into more problems this week. Blocks were generated a very long time apart, which is rather unusual. Some network transactions never arrived at their destinations either. … Read more
A lot of things are happening in the world of cryptocurrency these days. One of the more pressing issues is the fact that Coinbase purchases with debit or credit cards have incurred extra fees. Chase is working hard to refund all of those extra charges, earning them some good karma from their clients. Positive News for Chase Customers … Read more
Every time someone gets arrested for drugs, it is safe to assume Bitcoin plays some role. When five Wellington residents were arrested this week, a fair amount of Bitcoin and other cryptocurrencies were confiscated. Cracking down on illegal drug sales and imports is direly needed, though. Another Bitcoin-related Drug Arrest People who have been involved in the … Read more
It seems a very important piece of news has flown under the radar of cryptocurrency enthusiasts and experts. In a letter from February, FinCEN makes it clear they do not take kindly to ICOs or any platforms supporting this business model. In fact, they would prefer if all ICOs registered as money services businesses. It’s an … Read more
2018 has been rough for cryptocurrencies as a whole, with coins across the board seeing significant losses and general interest in the sphere gradually declining. However, there are a number of projects that have stuck out as performing particularly badly in the first quarter. Here are five of the biggest fails: 5. Verge (XVG) Wraith … Read more
BitIRA is a remarkable company for multiple reasons. They are the world’s only secure digital currency IRA solution. To improve their current products, the company recently introduced a few different insurance and security policies. As such, all BitIRA users can now enjoy a fully-insured product with funds kept in cold storage at all times. A big … Read more
Any cryptocurrency project claiming to offer daily returns on investment will most likely turn into a scam at some point. For investors in USI Tech, it seems their worst fears have come true. The company has struggled with withdrawals since early January, and it seems things are only getting worse. USI Tech has Major Problems … Read more
It has been a while since we last saw any interesting developments involving the Mt. Gox exchange. New research shows an unknown London-based firm was involved in laundering the stolen 650,000 BTC from this now-defunct exchange. That is a pretty intriguing discovery, although it remains to be seen how the situation will evolve. The Mt. Gox … Read more
Cryptocurrency mining is of great interest to a lot of individuals and companies as of right now. Some people will even go as far as to use work computers for this purpose. It seems two members of Australia’s Bureau of Meteorology are under investigation for mining cryptocurrencies with the bureau’s computing hardware. Bureau of Meteorology Staff … Read more
