European law enforcement agency Europol has taken down a criminal network allegedly using cryptocurrency to launder drug money. Tulipan Blanca On Monday, the European Union Agency for Law Enforcement Cooperation (Europol) announced that it had arrested 11 people and identified 137 suspects potentially involved in a criminal network utilizing cryptocurrencies and credit cards to launder money from illegal drug sales. According to reports, Europol’s operation has been named Tulipan Blanca was carried out by the Spanish security forces, which received additional support from Finland and the US Homeland Security Department.…
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Alt.Estate Allows Everyone to Invest in Real Estate
The real estate market, estimated at $217 trillion, offers investors high returns. However, it still remains closed for a wide audience because of the high entry ticket, lack of liquidity, slow ownership transfer, and high transaction costs. Alt.Estate, a financial technology company, created the protocol and the platform for real estate tokenization to push the real estate market to become truly decentralized. Driven by the idea of the real estate investments democratization, Alt.Estate has a strong potential to become an industry standard for the blockchain-based real estate transactions. Among the…
Read MorePoles Protest Unfair Taxation of Crypto Incomes and Profits
A decision by the Polish government to tax crypto transactions, even those that do not return profit, has provoked discontent among traders in the country. The local crypto community has decided to protest against the official stance of the Finance Ministry with an online petition which is gathering support. Taxes on crypto-related income in Poland can reach 32%. Each purchase and sale will be taxed as a transfer of property rights, regardless of the end result for the parties. Also read: 0 to 50% – Time to Pay Crypto Taxes…
Read MoreAutomated Telegram Bots Are Swamping Crypto Groups and Taking Tokens
We were warned that robots would take our jobs. Now that the future is here, the reality is more mundane, but no less terrifying: the bots are here to take our tokens. Automated bots are swamping ICO groups on Telegram and helping themselves to a share of the tokens being discussed, while other bots are engaging in even more egregious behavior. Also read: Telegram Followers – The New Metric for Cryptocurrency Success A Swarm of Bots Is Taking Over Crypto Telegram It’s important for ICOs to have a respectable Telegram…
Read MorePR: ORS GROUP’s First Reservation Contract for Authorized Communities Proves an International Hit within Crypto Community
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. First Reservation Contract generates 2,500 ETH within a week London — Since becoming live, ORS GROUP’s first Reservation Contract has successfully generated vast national interest, welcoming Italian entrepreneurs, developers and cryptocurrency enthusiasts to their rapidly expanding global network of authorized communities. For over 20 years…
Read MoreChina FUD Busting: Hangzhou to Pour $1.6 Billion into Blockchain-Oriented Startups
The positive sentiment towards blockchain-based technology in China continues to surge. Hangzhou, the home city of Alibaba Group Holdings, now hosts a $1.6 billion (RMB10 billion) fund set up to invest in firms using blockchain technology, with 30% of the money coming from the government. Despite the country’s complete crackdown on ICOs, cryptocurrency trading, and mining, it seems that blockchain technology is, indeed, taking the country by a storm. $1.6 Billion Heading Towards Blockchain Companies The home city of Ali Baba Holdings – as well as Volvo Cars’ owner, Geely…
Read More‘Infectious Disease’: Bitcoin Prices Claw Back Ground As China Beats Bank FUD
Bitcoin prices bounced off weekly lows Tuesday as mixed news failed to take markets closer to 2018’s floor below $6000. Bitcoin Returns To Test $7k From Below Data from across major exchanges shows Bitcoin beginning to reverse on downward selling pressure which saw prices drop $400 in around an hour April 9. At press time, BTC/USD was climbing towards $6900 as analysts eye the $7000 barrier as a critical level to hold to avoid further slides. Regulatory moves worldwide are impacting prices significantly this month, sources say, while traditional finance…
Read MoreFormer Mt. Gox CEO Explains Why’s He’s Now a ‘Nocoiner’
Mark Karpeles, the former CEO of Mt. Gox, recently made comments about his distaste for Bitcoin, admitting that he no longer has any bitcoin or other cryptocurrencies. No Longer a Fan It has become apparent that Mark Karpeles, former owner and CEO of the now defunct Mt. Gox exchange, has lost faith in the appeal of Bitcoin and other cryptocurrencies. He recently expressed some negative comments concerning the cryptocurrency space on a recent Reddit post. He commented: The technology is definitely here to stay, but Bitcoin may have trouble evolving…
Read MoreRansomware Attacks Drop while Cryptojacking Marks 4000% Increase in Q1 of 2018: Stay Safe!
Android crypto-miners have seen a staggering 4000% increase in the first three months of 2018. To put things in perspective, the total consumer detections have reached 16 million as of the end of March, according to a report issued by Malwarebytes. It seems that last year’s cryptojacking sentiment is still running with full force, as consumer crypto-miners soar 4000% in just the first three months of 2018. Info Security cites Malwarebytes, pointing out the massive increase in Android crypto-miners. Ransomware Attacks Decrease While Cryptojacking Booms Malwarebytes’ Cybercrime Tactics and Techniques…
Read MoreProminent Blockchain Expert and Entrepreneur Keith Teare Joins Pavo’s Advisory Board
Pavo, the state-of-the-art IoT blockchain platform that allows growers to manage their crops from seed to consumption, has attracted superstar veteran of digital entrepreneurship, Keith Teare, to their advisory board. Teare is perhaps best known as a founding shareholder in TechCrunch and as an entrepreneur in his own right who has founded numerous successful digital startup companies, a couple of which have been valued at over $1 billion, including EasyNet and RealNames. The serial entrepreneur has also founded or led other hugely successful companies such as Accelerated Digital Ventures, Archimedes…
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