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Revolut Launches Banking Services in Spain Featuring Deposit Insurance

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Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. Ettevõte,…

Institutional Investors Say SEC Having More Power to Regulate Crypto Will Boost Prices

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Institutional investors are optimistic about the U.S. Väärtpaberi- ja börsikomisjon (SEC) having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively…

Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

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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 eksahas sekundis (EH/s), and this past week it increased…

Onecoini ohvrid esitavad Bulgaariale avalduse varade arestimise ja hüvitise saamiseks

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A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still operating from the country. In a petition with the Bulgarian Constitutional…

International Operation Dark Huntor Seizes $31.6 Million in Cash and Cryptocurrencies, 150 Arrested

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Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure…

Russian Court Confirms Arrest Warrants for 3 Finiko Founders

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Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three…