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German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

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German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown follows a series of other operations targeting major cybercrime networks. With seized user and transaction data, authorities are set to pursue further … Read more

Privacy Fears Undermine Support for Digital Euro in Germany

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Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing … Read more

Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether

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On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The company aims to enhance its cloud platform and expand its data centers in Europe and the United States. Bitcoin Miner Northern Data AG Reveals Capital … Read more

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

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Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting … Read more

PR: Bitmain’s Announces Highly Anticipated World Digital Mining Summit

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The World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector. The post PR: Bitmain’s Announces Highly Anticipated World Digital Mining Summit appeared first … Read more

German Cops Look Hard at Antics of ICO Savedroid After Ghost Prank

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The same German online news outlet that broke the Savedroid supposed exit scam, turned gotcha publicity stunt, is reporting prosecutors just might have a legal case against the initial coin offering (ICO) outfit. Also read: Bitcoin in Brief Thursday: ICO Scares Investors with Ghost Prank German Prosecutors Consider Legal Action Against Savedroid Wirtschafts Woche, the same … Read more

World Central Banker to Central Banks: Bitcoin Is a Bubble, Ponzi, and Disaster

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General Manager of the Bank for International Settlements (BIS), Agustín Carstens, gave a talk at Goethe University in its House of Finance, Tuesday, 6 February in Frankfurt. Titled Money in the Digital Age: What Role for Central Banks?, the talk saw Mr. Carstens acknowledge “We have seen a bit of a shift, to issues at … Read more