Latest World News
The trial of a US lawyer accused of money laundering related to the OneCoin cryptocurrency “scam”, has begun in New York. Mark Scott is accused of sending around £310m out of the US while trying to conceal the true ownership and source of the funds. Some of the money has ended up in Bank of…
The CEO of Golix, claims to have lost the password to one of the exchange’s Bitcoin cold wallets. Local news reported that the CEO of Zimbabwe’s first cryptocurrency exchange allegedly lost the password in May of last year. IHare wrote that the “password fiasco” was confirmed by two separate sources, despite Kembo’s claims that the…
A South Korean court ruled on the 25th of September that the CoinOne cryptocurrency exchange must reimburse 25 million won ($20,800) to an investor after his wallet was hacked, and a large amount of cryptocurrency was stolen. The hacker used the investor’s personal login and password to steal 45 million won, while a daily withdrawal…
The new design of Britain’s most common, and most forged, banknote has been unveiled by the Bank of England. Security features on the next £20 note, featuring artist JMW Turner, will include similar features to the 5 and 10 pound note; two see through windows on the note and a metallic hologram. In the first…
Contactless payments have become so popular among UK customers, that they accounted for half of all debit card transactions in July. It is the first time in history that more than half of all transactions were from contactless, according to figures from banking trade body UK Finance. In case you don’t know, contactless allows consumers…
Bitcoin’s price has dropped rapidly from $9,800 to $8,150 in less than a day, for the first time in months. “According to data from Coin360, Bitcoin investors are experiencing a painful Tuesday, with BTC/USD hovering close to $8,100. Bitcoin’s rapid drop below $9,800 was the latest move in what was otherwise a slow grind downwards,…
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