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Russia Restricts Anonymous Cash Deposits to Online Wallets

Russia Restricts Anonymous Cash Deposits to Online Wallets

The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

CEO of Mobius Capital Partners, Mark Mobius has become the latest Bitcoin critic to slam the unpredictable nature of BTC, comparing investment in cryptocurrency to gambling.

New York Man Charged with Defrauding Investors $4.5 Million in Cryptocurrency Investment Scheme

New York Man Charged with Defrauding Investors $4.5 Million in Cryptocurrency Investment Scheme

A New York man has been charged in US federal court with defrauding investors out of millions of dollars in crypto assets that he used on offshore gambling sites. A criminal complaint was filed on July 9, and the US Attorney’s Office charged Douglas Jae Woo Kim, 27 years old, with wire fraud in which he allegedly conned three investors out of over $4.5 million of Ethereum and Bitcoin.

New Zealand Police Seize about $6.7m Cryptocurrency from Jarothe n David McIvor for Alleged Money Laundering

New Zealand Police Seize about $6.7m Cryptocurrency from Jarothe n David McIvor for Alleged Money Laundering

The New Zealand police confiscated about $6.7m cryptocurrency from Jarothe n David McIvor, a software developer, in Hamilton for alleged money laundering via online movie piracy in the United States.

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Ripple, compared to SWIFT payments network, may be a cheaper, more transparent, and more secure alternative for the future of payments and online banking.

MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

A global leader in the technology and blockchain industry, Maxonrow is thrilled to be hosting the first-ever MAXathon. This digital hackathon will challenge participants to reimagine the use and applications of blockchain for health and sanitary solutions in response to the COVID-19 pandemic. With €15,000 in prizes available, blockchain experts, developers, and other tech enthusiasts will compete in a battle of innovation from September 5 to October 3, 2020.

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.

Smart Contract 101: What is Remix?

Smart Contract 101: What is Remix?

Solidity 101 Tools for Smart Contracts is a series of tutorials for beginners to learn the easiest way to build smart contracts. In this lesson we will use the online tool - Remix.

Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum

Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum

Ethereum will be leveraged by Reddit, bringing blockchain technology to the online network for the first time ever through their partnership.

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Government officials identified that cryptocurrencies are used to collect and transfer 1 trillion yuan out of China to online gambling and casinos every year.

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