Despite Bitcoin’s Price Highs, Onchain Data Shows BTC Miners Are Not Spending More Than Usual
The cryptocurrency economy has been higher in value than ever before as bitcoin has touched an all-time price high at $24,298 per unit. Regardless of the all-time price highs, the world’s bitcoin miners are not spending more bitcoin than usual according to onchain statistics. Bitcoin miner outflow has been higher during the bull run but also lower than the 2019 top. Speculators assume that when the price of bitcoin (BTC) rises,...
Visa Grants Principal Membership to Crypto Payments Platform Wirex
London-based crypto-payments platform Wirex can now issue Visa accounts and process transactions autonomously, as the firm became a principal member of the payments giant. Crypto Payments Platform Wirex Gets Principal Membership From Visa to Issue Cards Autonomously According to the announcement, Wirex has been added to the European network of Visa as a member after long-lasting cooperation, whose customer base has over 3 million in...
The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease Operations
The US Securities and Exchange Commission (SEC) has issued a cease and desist order against Shipchain and ordered it to pay a penalty of $2.05 million. Additionally, the regulator has directed Shipchain, a shipping and logistics company, to transfer Ship tokens in the possession or control of the company’s directors to a “fund administrator.” Unregistered Token Sale In a statement announcing the cease and desist order, the SEC alleges...
MinePlex Creates CrossFi Crypto Bank by Combining Traditional Finances With Blockchain
PRESS RELEASE. The MinePlex platform announces the creation of a new mobile crypto bank for CrossFi industry that aims to combine the traditional financial instruments with blockchain technologies. The mobile crypto bank is supplied with the functionality that allows using cryptocurrencies in everyday life: paying for clothes, food, gadgets as well as for utilities, internet and other services. “In fact, we have created a new industry...
FBI and Europol Shut Down ‘Bulletproof’ VPN Service That Helped Criminals
Millions of Internet users around the world use a VPN to protect their privacy online. Another key benefit is that VPNs hide users’ true IP-addresses, making them more anonymous. This prevents third-party monitoring outfits from carrying out unwanted snooping. While there are good reasons to remain ‘relatively’ anonymous these services can also be abused by criminals. That can present problems, as most good VPN providers keep no...
