Vietnam police bust crypto scam ring linked to offshore actors

On Sept. 6 Bitcoin (BTC) price crumbled below $20,000 and the asset looks ready to undergo further decline in September due to a strong U.S. dollar and an ominous technical analysis pattern.Bitcoin eyes $15,000 nextFrom a technical perspective, Bitcoin risks dropping to $15,000 or below in the coming weeks after breaking out of its prevailing…

Eugene Kaspersky, the CEO of the cybersecurity giant Kaspersky, stated in a recent interview that “cryptocurrencies are a great idea, but the world is not ready for them yet.” Kaspersky made the statement to financial news website Arabian Business on March 1.Kaspersky elaborated, stating that he believes that in the future — “perhaps in a…

The venture funds of both companies joined Bessemer and others in financing another strategic investment round for TRM Labs. 315 Total views 4 Total shares Blockchain intelligence platform TRM Labs has secured $14 million in Series A funding from venture funds across the crypto and technology sectors, sending a strong signal that major investors are…

Cryptocurrency exchanges in Australia have been increasingly communicating with their users as part of preventative measures for scams. According to local crypto firms, such communication is the key to preventing scams as it is able to “break trust” between victims and scammers.Executives at major Australian crypto firms like Cointree, CoinSpot and Swyftx on Aug. 31

Decentralized technologies are starting to revolutionize the world of finance, with cryptocurrencies applied in different ways to recreate traditional financial instruments. However, since cryptocurrencies aren’t backed by anything but people’s faith in them, they are extremely volatile. That means, when it comes to loaning value with crypto, neither party can be sure that they will…

Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18.There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level.First, BTC rallied strongly in a short squeeze after the majority of the…

Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry.On March 22, the venture capitalist tweeted that the Supreme Court’s recent reversal of the Reserve Bank of India’s (RBI) ban on banks providing financial…

Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4's Federal Reserve comments.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTudor Jones says "no thanks" to stocks, bondsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering just above $38,000 at May 3's Wall Street open.The pair had stayed practically static over 24 hours to…