The Kraken cryptocurrency exchange has recently received a banking license that is recognized under federal law. With its receipt of the U.S. bank charter, the San Francisco-based exchange also made history by becoming the...

Two Russians are facing charges for stealing $16.8 million in cryptocurrency via phishing. The hackers were able to pull off their multi-year operations by creating fake websites of three crypto exchanges. On...

Most countries have already opted to regulate their cryptocurrency industry by enacting new laws to govern the nascent sector. But if recent reports are to be believed, it appears that India might be bucking the trends as...

Nigeria is among the top countries with the highest increase in cryptocurrency usage. Recently, the countrys Securities and Exchange Commission revealed plans to regulate the crypto industry to protect investors and ensure...

The U.S. Securities and Exchange Commission (SEC) has filed charges against the rapper T.I. for promoting fraudulent cryptocurrency offerings. The regulator also ordered the music artist to pay $75,000 as fine. On...

Cryptocurrency critics have long argued that digital currencies could be used by criminals to carry out their illegal activities. But a recent report by the worlds largest electronic payment network revealed that criminals...

South Korean authorities have warned the public against attending cryptocurrency investment briefings. Aside from the increased risk of coronavirus transmission, the government warned that such crypto gatherings could...

South Korean authorities have recently investigated some of the countrys top cryptocurrency firms. After last weeks raid of Coinbit, police have now reportedly raided Bithumb, South Koreas largest crypto exchange. An...

The canton of Zug in Switzerland has been known as a hub for blockchain-based and digital currency startups. Living up to its reputation, the Swiss region recently announced that it will soon be accepting cryptocurrency...

The United States Justice Department is initiating legal action to recover cryptocurrency stolen via hacking. The DOJ likewise claimed that North Korean actors were involved in the two hacking incidents mentioned in its...