Day: September 20, 2018

Weiss Ratings Backtracks After Tipping Ethereum to Beat Bitcoin

Weiss Ratings Backtracks After Tipping Ethereum to Beat Bitcoin Weiss, the financial ratings agency that recently took a shine to cryptocurrency, has caught flak over its latest claim. After Weiss Ratings issued a tweet predicting BTC to lose 50% of its market share to ETH, the firm was forced to […]

Credit Card Cartels Landed With $6.2 Billion Price-Fixing Bill

Credit Card Cartels Landed With .2 Billion Price-Fixing Bill Visa and Mastercard have run up the mother of all credit card bills. The monopolistic payment providers had been embroiled in a long-running lawsuit instigated by merchants protesting their excessive fees. The credit card giants have now conceded defeat and agreed […]

Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading

Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts. Nevertheless, Russians have no reasons to doubt the existence of […]

Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen

Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $ 60 million. Some of the stolen coins […]

Danske Bank’s Alleged Money Laundering Now Totals $234 Billion, CEO Quits

Danske Bank’s Alleged Money Laundering Now Totals 4 Billion, CEO Quits The investigation into Danske Bank’s alleged money laundering has uncovered new funds. The amount of “questionable money” flowing through the bank’s Estonian branch has grown from $ 150 billion to approximately $ 234 billion. In response, the CEO of […]