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Crypto Exchange Zaif Stops New Registrations Due To Hacking

The Japanese company behind the Zaif bitcoin exchange, Tech Bureau Inc. has decided to stop new registrations from taking place at the exchange. This decision was made 14 days after the reported hacking incident on the exchange. The breach resulted

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Danske Bank Money Laundering Scandal Faces US Probe

US Federal prosecutors have started a criminal investigation against Denmark’s Danske Bank. The Danish bank has taken a massive hit to its reputation in relation to what is being termed as the biggest money laundering scandal in Europe. Danske Bank

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High Consumer Confidence , A Warning Sign For Investors

A lot of consumers in the United States are happy about the condition of the economy and as a result are spending more and are fueling the economy. The trouble is that historical patterns show that periods when consumer confidence

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Tesco Bank Facing Huge Fine Due To 2016 Cyberattacks

UK's Financial Conduct Authority (FCA) has sent a stern warning to the banking industry by imposing a massive penalty on the banking division of Tesco. The fine comes as a result of the 2016 cyber hacking of the bank’s online

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MasterCard & Visa Pay $6.2bn To Settle Swipe Fee Lawsuit

MasterCard, Visa along with a number of major banks in America have decided to settle the class action lawsuit brought against them by the nation's top merchants. The suit is over 13 years old and has been the topic of

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Ncube Points To Cryptocurrency As An Economic Solution

Zimbabwe’s new Minister of Finance has been in office for less than a month and he is already going head-to-head with the Reserve Bank of Zimbabwe (RBZ). Mthuli Ncube has come out in support of the cryptocurrency industry which is

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OTC Crypto Trading Booming In Russian & Chinese Markets

A number of countries have imposed a blanket ban on the cryptocurrency industry citing lack of regulations, massive price fluctuations and high risk as factors that warrant cryptocurrencies being banned. China, India and Russia are among these countries who have

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TransferGo Makes EU To India Remittance Possible Via Ripple

TransferGo, a London-based remittance and payment provider has just unveiled a new blockchain-based remittance service to India. This service will provide real-time cross-border transfers and will be available to the wider European region. The service uses Ripple's payment technology to

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AirTM Looking To Penetrate Weak Financial Markets

Mexico-based cryptocurrency exchange AirTM has just finished its Series A funding and which has brought in $7 million from investors. The company has already revealed that its plans to use the funds to target the emerging South American cryptocurrency market.

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Indian Central Bank Quietly Launches New Crypto Unit

The Reserve Bank of India (RBI) is building up its tech knowledge by starting a new unit that will oversee all new emerging technologies including the blockchain, artificial intelligence and cryptocurrencies. Given the fact that India took a massive stance

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