Japan:Two Vietnamese Men Were Arrested for Illegal Remittance of 2 Billion Yen

The Japanese police arrested two Vietnamese men who operated the "underground banks" and illegally remitted about 2 billion yen to Vietnam. The two exchanged the yen for the cryptocurrency and sent them to the Vietnamese associates to supplement the...

China: Millions of Computers Were Appropriated in Illegal Mining

Recently, a network security police task force in North China has cracked a case in which more than a million civil computers were secretly appropriated in illegal mining. The computers were hacked and installed a monitoring and mining software,...

India: India’s Bitcoin Boom Is Fueling A Surge in Cryptocurrency Crime

If a dithering government, a vacationing court, and an unfriendly central bank weren’t bad enough, India’s embattled cryptocurrency ecosystem is now staring at another problem—a spate of crimes. image via Shutterstock

US: SEC Charge Two Individuals for Illegal Sale of Blockchain Firm Stock

The Securities and Exchange Commission charged an attorney and a law firm business manager yesterday on with profiting from illegal stock sales of a company claiming to have a blockchain-related business. Attorney T.J. Jesky and the business manager of his law...

South Korea: Watch out for The Fake Kakao Talk Website

Recently, a fake Kakao Talk website was found. The fake website induced the users to carry on cryptocurrency transaction. On July 19th, Kakao clarified that KakaoNetwork (KON) was a fake website. KON's blockchain project was posted on the fake site's page, on which a...

Singapore: Concern Mounts Over Potential Crypto Exchange WEX Exit Scam

Users are increasingly concerned that an exchange claiming to be based in Singapore is pulling an exit scam following suspicious trading activity and locked wallets that are now preventing all users from withdrawing funds. On July 11, CCN reported that BTC/USD...

India: Police Have Crucial Clues on How Money Was Parked outside India

Nanded police, probing one of the first three cases in the Bitcoin Multi-Level Marketing (MLM) scam worth thousands of crores, have said interrogation of prime accused Amit Bharadwaj and subsequent investigation have provided crucial clues on how the money...

South Korea: Police Alleges Coinone's Crypto Margin Trading Is Illegal Gambling

An S. Korean police department has alleged that Coinone's crypto margin trading before is offering its clients illegal gambling service. This is the first financial case related to cryptocurrency exchange. (Korean) image via Shutterstock

US: Kodak Bitcoin Mining 'Scam' Evaporates

BBC
The company behind a Kodak-branded crypto-currency mining scheme has confirmed the plan has collapsed. In January, a Bitcoin mining computer labelled Kodak KashMiner was on display on Kodak's official stand at the CES technology show in Las Vegas. But...

Global: Fake Mobile Cryptocurrency Wallet Apps Found on Google Play Store

A recent discovery shows the presence of phony cryptocurrency wallets found on the Google Play Store. The fight against malicious apps seems not to be ending any time soon. According to The Next Web, European cybersecurity researcher, Lukas Stefanko, discovered...

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An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...