Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud

A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm in 2020 According to … Read more

Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead

The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm mandated with administering Quadriga’s liquidation process, says it will not … Read more

Lockdown Life & Darknets: BTC Still the DNM King, Cashaa’s Stolen Coins Sent to Hydra, Cannabis Sales Surge

During the last six months, the Covid-19 outbreak has caused a lot of disarray in the world and one thing is for sure, the use of darknet markets has surged. While the citizens of the globe have been locked down, cannabis sales have skyrocketed and the dollar value of bitcoin transactions done privately has remained … Read more

Bitflyer Adds Bitcoin Cash Trading Across Europe and the US

Bitflyer has added a selected number of new cryptocurrencies for its European and American clients to trade. Bitcoin cash (BCH) is among the few digital assets now available to buy and sell on all licensed platforms operated by the Japanese company. Also Read: NASA to Launch Bitcoin to the Moon? Space Agency Seeks Crypto Experience … Read more

Wirex Introduces Global Crypto Accounts for Businesses

With the beta launch of crypto and fiat-enabled business accounts, crypto payments platform Wirex has taken a major step toward mainstream business acceptance. Using a cryptocurrency business account will eliminate the need to convert to fiat unnecessarily during inter-company fund transfers, validate crypto businesses in the wider marketplace, and offer some of the benefits traditional … Read more

Mobile Gifting Platform Swych Announces Cryptocurrency Support

On Feb. 15, the Dallas-based mobile gifting company Swych announced it will be accepting cryptocurrencies for payments. Starting next week, instead of using traditional payment processors, Swych users will be able to pay using decentralized digital assets such as BCH, LTC, ETH, BTC, and ETC. Also Read: Bitcoin’s Social Contract Must Be Resilient to the Whims … Read more

A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings

On Jan. 17, the blockchain and cryptocurrency company OB1 released Openbazaar version 2.3 which provides users with the ability to use a multi-currency wallet within the marketplace. Since then, there’s been a large number of added listings and an increased amount of people trading cryptocurrencies in a peer-to-peer fashion. Also read: Inspired by Unwriter’s Apps, BCH … Read more

Crypto Price Watch: Market Slump Continues as XRP, ETH, XLM See Red

After it appeared as though a few early signs of recovery were beginning to set in for Bitcoin, the price of the premier crypto asset once again plunged below the $4,000 mark early today morning (after having scaled back to a somewhat respectable price point of around $4,300). In regards to this price movement, Michael … Read more