Crypto Complaints Have Increased Significantly Says South Africa Financial Sector Ombud

Nonkumbulo Tshombe, an advocate with the Financial Advisory and Intermediary Services (FAIS) Ombud, recently revealed that her office has noted a significant increase in the number of cryptocurrency-related complaints during the 2020/21... Read more »

100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation

More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism... Read more »

Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash... Read more »

Hackers Target Github Server Infrastructure to Mine Cryptocurrencies

Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have... Read more »

Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: Report

The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules to... Read more »

Illegal Crypto Miners Threatened With Jail Time in Russia

Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation... Read more »

Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report

Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled... Read more »

Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently... Read more »

Demand for Mining Hardware Spikes in Russia, Prices Rise

The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines... Read more »

Intel Partners With Microsoft to Combat Cryptojacking Attacks by Deploying a Threat Detection Tool

Although recent studies have been showing a slowdown in cryptojacking activities, especially the ones related to mining privacy coins, Intel remains on the hunt to crackdown on such activities. The tech giant... Read more »