Malwarebytes Forum User Discovers a Crypto Tracker App That Secretly Installed Backdoors in Macs

An astute Malwarebytes forums user recently noticed that a crypto price tracker application, called CoinTicker, covertly installed backdoors in Mac computers. A recent blog post from Malwarebytes’ Thomas Reed, Director of Mac & Mobile, explains how a contributor on the Malwarebytes forum going by the name 1vladimir noticed an app called CoinTicker was secretly installing two …

NAGA Launches Its Long-Awaited Card

Traders on the NAGA Trader platform definitely have something to smile about after the NAGA Card was launched. The latest development is a result of tireless work by its creators, all in the interest of bestowing its users with all the advantages that come with being a NAGA Cardholder. Advantages of NAGA Card First and …

Crypto is Property: Chinese Court Upholds Citizens Rights to Own Bitcoin

The Shenzhen Court of International Arbitration (SCIA) has recently affirmed that cryptocurrencies, specifically bitcoin and several of its hard forks, are considered legal property and Chinese citizens have a right to own and transfer them. The SCIA recently published an analysis of a contract dispute over WeChat, describing the legal proceedings of a case in …

LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds

LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis dives deeper than ever before into the data, considering metrics that have previously been overlooked. Locally Sourced Produce Though the majority of bitcoin activity occurs via online exchanges, country-specific data is hard to come by. LocalBitcoins does separate trade …

We Will Provide Missing Link for Institutional Investors, Says Fidelity Crypto Head

The president of Fidelity Digital Asset Services has spoken about the company’s plans in an interview, such as the decision not to launch an in-house exchange, how it intends to attract more institutional investors, and why it’s crypto offering is focused on custody and trade execution. Crypto Paired with More Traditional Financial Models In his …

Belgium Regulator Blacklists 21 Crypto Firms Suspecting Fraud

The Financial Services and Markets Authority (FSMA) has added 21 new websites of suspected cryptocurrency scams to its blacklist. Belgium’s financial regulator published the list on its official website, bringing their tally of suspected crypto scams in the country to 99. The agency found that despite their prior warnings concerning the risks associated with crypto …

IRS Advisory Committee Requests Clearer Guidance for Crypto Tax Code

On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation. The Information Reporting Program Advisory Committee (IRPAC) recently released its annual report advising the IRS on possible areas to improve the tax code, specifically referring to data gathered throughout …

5 Reasons Why Fidelity Embracing Cryptocurrency is a Big Deal

LALA World CEO and Founder, Sankalp Shangari, shared his top 5 implications of the announcement. What the Fidelity News Means for Crypto We’ve had time now to digest the news of Fidelity’s imminent foray into cryptocurrency trading launching an offshoot company called Fidelity Digital Assets. We’ve also analyzed the community response and what this means …

Delaware Helps Catch British Hacker Holding Over $200k in Bitcoin

Recent news shows Delaware playing an important role in the capture of British hacker Grant West. U.K. Authorities caught West last year and recovered $700,000 worth of Bitcoin. The Catch According to a report by Delawareonline, undercover U.K. officials caught West last year while he was traveling by train. West was convicted of fraud, in addition …

China Hasn’t Banned Bitcoin: Shenzhen Court Permits Crypto Transactions

When Bitcoin was debuted in October of 2008, the world’s first cryptocurrency was slow to garner traction. At the time, only the most eccentric internet users were willing to allocate capital, time, and brain power to bolster the development efforts of the Bitcoin Network, the first true blockchain/decentralized database. However, as time elapsed, the cryptocurrency …