Cryptocurrency News | Two US Men Guilty of Selling Drugs for Crypto and Washing $ 2.8 Million

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Two American people pleaded guilty to selling illegal drugs and laundering millions of dollars in cryptocurrency and Western Union payments, Said Manhattan District Lawyer, Cyrus R. Vance, two people from the United States.

Two violations named Callaway Crain, 35, and Mark Sanchez, also 35, denied behind the darknet website "NextDayGear," and also produced some of the substances they sell. The drugs they sell are injectable steroids, oral, Xanax, Valium and Viagra.

The defendant sent 10,000 more packages throughout the United States and generated more than $ 2.3 Million from 2013 to 2018. They reportedly used Western Union and conducted cryptocurrency transactions, which bought and bought into cash.


Callaway Crain and Mark Sanchezebeli buy steroid, chemicals, and other products from China and other countries, which they sell and sometimes with their own brands. Reportedly there are their customers who are NFL players, college football players, professional volleyball players, fitness trainers, police officers and service members assigned abroad.

These two men won money laundering and successful criminal sales, they were threatened with sentences of two and a half years in prison. It is estimated that Crain and Sanchez will be estimated on July 12 this year.

Vance's lawyer commented

"Drug dealers doing business in New York must pay attention: Whether you move in the open or in a hidden corner of the dark network, my office has the skills and resources to make money, close your business, and ask you to be responsible. "


This sentence is claimed to be the first, in which a money-laundering case carried out by Cryptocurrency took place in New York, USA. On April 16, New York state prosecutors also charged three people for selling illegal drugs and washing $ 2.3 million in cryptocurrency.

Source: cointelegaph


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Cryptocurrency | 4 Korea Crypto Exchange Collaborates to Deal with Money Laundering

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Exchaanger's cryptocurrency based in South Korea Bithumb, Coinone, Korbit, and Upbit work together to facilitate washing potential, as well as what users can use.

This collaboration was announced last Friday and they will set up a hotline to share real-time wallet information about the crypto trade that was purchased. Their aim is to discuss crypto trading with suspected phishing relationships, loan borrowers, approving pyramids and other illegal activities and sharing related information through the hotline.


They will also operate a shared database of suspected wallet addresses which, for example, can help them and delay scammers.

Companies that plan to support, Crypto, Others to join the Company.

The news came after Korean CoinDesk held a forum with members agreeing to the country regarding know-your-customer (KYC) and anti-money laundering (AML) agreements. 7 crypto transfer market at that time an agreement to guarantee user protection.

Back in November, the Korea Lawyers Association asked the government to increase the Blockchain agreement and prevent illegal actions involving cryptocurrency.


In June last year, the South Korean financial body amended the anti-money laundering regulations for crypto agreements in the country, which required domestic banks to tighten related banking transactions.

Source: Coindesk


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Cryptocurrency Exchange | Seed CX Exchange launches spot trading for institutional investors

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Chicago America-based cryptocurrency transfer market, Seed CX, has launched a trade for investor investors.

Spot trading is the purchase or sale of a currency, financial instrument or trade for immediate delivery. Spot contracts can be completed by sending physical instruments, contracts, or currencies.

Seed CX has announced spot trading for the Bitcoin (BTC) market to the US dollar pair, while the Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) pairs will be added by the end of next month. In Q1 2019 (published at the end) Seed CX will add crypto coverage support to Fiat Euro and Japanese Yen.


The company also announced it would offer a market for digital asset derivatives regulated by the American CFTC.

The company also claims zero costs for depositing and withdrawing fiat or digital assets. all deposits will be issued and deposited in the US Bank regulated by the Federal Deposit Insurance Corporation.

The CEO of Seed CX, Edward Woodford, claims that the company has received positive feedback in terms of its features.


This month, Seed CX will launch a digital wallet with an on-chain agreement for investors. this project was developed with Zero Hash, which is a subsidiary. approved on-chain solutions must be approved by FinCEN to be approved as money transmitters in 25 countries.

Source: cointelegaph


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Bitcoin News | Lightning Labs Launches Lightning Network Client For Bitcoin Networks

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The developer of Blockchain, Lightning Labs, has announced that they will release the alpha version of Lightning network (LN) for the main network of Bitcoin (BTC).

Alpha version of Network Lightning is intended for testing and development who want to start experimenting with software. The developer warns that these network users may not put funds into the application from what they provide for their removal.

This software was released for platforms such as MacOS, Windows, and Linux, and they also said in the competition that it also stipulates that it is an important stepping stone in the development of the mobile version.


Team notes
"We are working as quickly as possible to get out of our main net iOS and Android applications immediately."

The company is also committed to privacy, security, and self-determination, the principles that Bitcoin believes are built on it. The announcement explained that to provide a system that is in line with those principles, the company needed to release a non-containment client solution that was easy to use.

Posting note:
"Scaling Bitcoin and Lightning to everyone means not requiring people to follow complicated regulatory processes or hand over their funds to trusted partners."


New network lightning was released using Lightning network Neutrino bitcoin, this makes it possible to use LN scalability solutions without downloading all data on the blockchain. Neutrino only needs to download and verify tens of megabytes. Because it is done in minutes, allowing low-power devices such as smartphones to be used practically.

Source: cointelegaph


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Cryptocurrency | BitPay Introduces Payments in Stablecoin

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BitPay, an American-based global cryptocurrency payment service company, received stable coin as payment. The company allows its users to accept payments in Gemini Dollars (GUSD) and Circle USD Coin (USDC).

GUSD and USDC are stable coins that are based on Blockchain Ethereum and published by the Gemini and Circle cryptocurrency exchange exchanges, the price of GUSD and USDC is pegged to the US Dollar at a 1: 1 ratio thereby reducing the risk of volatility.

Bitpay was founded in 2011 in Georgia, America, BitPay received payments with Cryptocurrency Bitcoin (BTC) and Bitcoin Cash (BCH), the company has a user base of up to 200.00 businesses worldwide.

In his Blog post-BitPay said that stable coin allows traders to accept payments throughout the world even if they do not have a bank account, BitPay claims to issue payments for GUSD and USDC within 24 hours after the merchant gets a sufficient balance of payments from 20 GUST or 20 USDC.

Source: cointelegaph



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Blockchain Busines | GSR Company Launches Krypto Hedging Products

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GSR, which is a crypto trading company based in Hong Kong, has announced the launch of the cryptocurrency variance swap product in a press release on April 24. This product will protect the hedge against market volatility.

The product will allow investors, traders, businesses, and other crypto portfolio holders to hedge against crypto volatility in the market. According to Investopedia, financial swaps are financial derivatives used to speculate about the volatility of assets.


This derivative allows the user to trade the difference between the predetermined value and the variance that occurs during the duration of the swap. The company also explained there were ways to get similar effects through the use of existing vanilla options.

In this release, the GSR claimed that they managed to manage and trade billions of dollars in digital assets through their software.


The SWIS main exchange has traded products based on XRP, and private bank Kleinwort Hambros, launched a note traded on an exchange consisting of companies related to the Blockchain.


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Blockchain | Get the BAT Token from watching ads on Brave ADs

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The decentralized browser, Brave, has launched Brave ADs, an option that allows users to get prizes in the form of Token Basic Attention Token (BAT) for watching advertisements. this news was announced on the Brave website on April 24, 2019 yesterday.

From the announcement, Brave Browser users will get 70% of advertising revenue in the form of a BAT Token for their attention to the ads they watch. Brave ensures that they are connected with people who are interested in advertising eliminating costs, and risks associated with privacy, security, and fraud.

The Brave company works with Blockchain consultants, The Giving Block, to provide ad inventory and test use cases, as well as non-profit organizations from the Human Rights Foundation, which can contribute or help through Brave Gifts.


Brendan Eich, CEO, and co-founder of Brave Software said:

"With Brave Ads, we are launching a digital advertising platform that is the first to protect user data rights and to reward them for their attention. Brave Ads also aims to improve the economy and conversion of the online advertising industry, so publishers and advertisers can develop without intermediaries collecting costs big and that contributes to oversight throughout the web. "

Earlier this year, Brave partnered with the news website, Cheddar, to offer free content to users for three months. It is said that users can automatically access Cheddar Premium content, without doing anything


In December 2018, the HTC Blockchain mobile phone made Brave the default browser.


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Blockchain News | The Russian Central Bank Assesses the Potential of CBDC

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The Russian central bank has examined the potential benefits and weaknesses of the central bank's digital currency (CBDC). In a document entitled "Is there a future for the digital currency of a central bank," the Russian Central Bank describes several potential CBDCs, including the ability to reduce transaction costs, provide assets that are at risk of being small and more liquid.

The Russian bank also noted that minimizing transaction costs could be realized if the tools for the CBDC offer ease of use in terms of payments and savings, compared to conventional methods.


Besides its superiority, CBDC also has a lack of privacy or anonymity of CBDC as the only potential loss. The Central Bank emphasizes CBDC the same level of anonymity as Fiat money.

Document notes:
"CBDC de facto cannot provide the same level of anonymity as that given in cash. This is, of course, an advantage for regulators but can be considered detrimental to users, not only those involved in suspicious activities but those who care about privacy. "

The RUsia Bank stated that the CBDC was able to design traditional bank deposits in terms of low inflation and moderate rates. according to the bank, CBDC can be equivalent to Fiat in terms of liquidity and ease of use.

CBDC is a cryptocurrency issued by a central bank that has legal tender status and other properties of centralized fiat money.


The World Economic Forum released a report claiming that at least 40 Central Banks in the world planned to experiment with CBDC, and according to the Bank of International Settlements found that 70% of the world's Central Banks were researching CBDC publications.

Source: cointelegaph


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Cryptocurrency Exchange | Binance Launches Decentralized Exchange in Q1 2019

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One of the world's largest Hong Kong-based Cryptocurrency exchanges, Binance, will launch a decentralized crypto trading platform (DEX), which will be released in Q1 2019 or April this year.

Binance's CEO, Changpeng Zhao, gave his comment, that the time needed to make the block will not exceed one second, while the transaction will be processed instantly and only requires one confirmation.


Users can also control their funds because the private key is in their rank. Even so, customer funds will be protected by decentralized applications with independent server infrastructure, this will provide a solution to protect the exchange market in the event of a hacker attack

"Binance DEX is a decentralized exchange built on the Binance Chain, an upcoming blockchain where the BNB will be an original coin. A community initiative, DEX is being created with developer support and Binance technology, and is set to be released in early 2019, "the company said in a statement.


Binance Coin (BNB) is a token based on the standard ERC-20. However, BNB will be migrated to the Blockchain Binance Chain network which will be launched over the next few weeks.


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Blockchain Game | Unitopia Game Company Gets $ 5 million and F1 games with Blockchain

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The Blockchain based game platform, Unittophia, has received funding of $ 5 million USD from an investment and financial services company, BitShiJie.com, according to a report on April 22, 2019.

Unitophia is said to be using the funds for research and development of blockchain-based games, as well as facilitating the growth of the industry. Unitophia also plans to create a digital distribution platform where users can purchase video games, similar to the Steam.com platform.


Unitophia claims that all video games on their platforms are decentralized and the distribution of game revenue will be controlled using smart-contract.

Previously a few days ago, blockchain-based game developer Lucid Sight had also raised 6 million to expand their game to the traditional platform. from the investment obtained by the company, it will be used to launch engine security. This tool is designed to introduce Blockchain based games on game platforms such as consoles, PCs, and so on.

In March, the Blockchain company, Anomoca Brands, signed a licensing agreement with Formula 1 to publish Formula 1 racing games that are powered by Blockchain technology.


Animoca claims that Blockchain technology will deepen fan involvement and the statement is in line with F1 owners to enhance the fan experience.


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cryptocurrency hacking | The Israeli man was charged with crypto theft for 9 million USD

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An Israeli man named Afek Zard was charged with theft of 74,9990.74 Dash worth 9 million USD from his roommate, local media News1 reported on April 18.

According to CoinMarketCap data, the number of stolen coins is equivalent to more than 0.85% of Dash's total supply circulating in the market. News1 said the victim named Alexei Yaromenko was a crypto investor since 2013.


Before the theft occurred, Yarmalenko taught Zard about crypto and traded it himself. According to lawyer Giora Hazan, Zard has the key to Yaromenko's apartment and has access to the residence without Yaromenko's presence.

In the report, the coin-coin was still in Yarmalenko's wallet until March 1, Prosecutors claimed that at the beginning of the month, Zard used a computer suspected of belonging to Yarmalenko to steal credentials to the crypto wallet.

In the report, it was determined that Zard was accused of theft which was exacerbated by money laundering, and computer hackers for violations.




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Blockchain Technology | TON Telegram partnerships and Wirecard to develop financial services

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The team developing the Open Telegram Blockchain Network (TON) has partnered with internet technology services and German financial services Wirecard.

TON Labs, which also serves as the basis for the development of decentralized projects, will work in collaboration with Wirecard to develop new digital financial projects.


Last year TON's Initial Coin Offering (ICO) received attention because it solved ICO with the largest funding income. at present TON has switched to private beta targeting mode and is the reason for this partnership to emerge.

"Adding Blockchain TONs to the growing Telegram ecosystem opens up new opportunities for business and technology innovation," Alexander Filatov, managing partner at TON Labs, commented in a press release. He added:

"We are very pleased to be partnering with one of the most dynamic and innovative financial technology companies in the world to deliver new generation fintech solutions that are synergistic to the market."

Wirecard states that the announcement will be gradual without giving a period of time, while the details of the bids to be made by both parties are not specified.


"TON Labs' extraordinary experience" in highly scalable technology and decentralized solutions and the strong global growth of Telegram envoys will play an important role in the success of our joint program, "Wirecard business card executive vice president Georg von Waldenfels added.

Meanwhile, the German financial regulator told prosecutors about the potential for manipulating Wirecard shares.

Source: cointelegaph


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cryptocurrency exchange | Now you can buy Crypto with a credit card at KuCoin

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On March 27, the Cryptocurrency exchange, based in Singapore, KuCoin, announced that it was collaborating with Simplex, a payment processing company. With this partnership, users can buy Cryptocurrency via a credit card.


Users can buy Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), ABC Bitcoin Cash (BCHABC), and Litecoin (LTC) using Fiat Dollar USD and Euros via credit cards and are available in more than 100 countries.

Simplex has provided payment processing services for fraud and currently has offices in the United Kingdom, the United States, Israel, and Lithuania and has also worked with other cryptocurrency companies such as Shapeshift, Litecoin Foundation, Xapo, and Changelly.

Besides KuCoin, the Malta-based crypto exchange company has also provided support for the purchase of cryptocurrency through credit cards. The company also recognized it in its official wallet, TRUST. In both cases, the company also partnered with Simplex to provide credit card and XRP debit purchases, BTC, BCH, LTC, and ETH.



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Forbes List | Billions of Dollars Companies Using Blockchain

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Business and financial magazines, Forbes, has released a list of companies that apply the Blockchain Technology which has a minimum income of $ 1 billion USD.

This list includes cryptocurrency and blockchain development companies, in addition to traditional companies such as Killing and Banks and others.


Cryptocurrency-related companies featured on the list include Coinbase and Bitfury hardware, and financial networks with Blockchain and XRP Ripple token makers.

This list also includes the Blockchain protocol that can be adopted by anyone. The HyperLedger protocol, the Corda R3 Protocol Consortium, and the Ethereum network are also displayed.

Forbes also noted the Blockchain potential to simplify various business processes per example, such as Depository Trust & Clearing Corp. (DTCC), which holds 90 million transaction records.

As per Forbes, the company will transfer 50,000 of its recognition to a blockchain based system, this is done to help eliminate duplicate procedures and reconciliation that are prone to occur in traditional electronic Kriling networks.


Source: cointelegaph


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cryptocurrency news | The Stock Exchange of Thailand Registers For an Official Cryptocurrency License

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At present, Thailand is one of the main cryptocurrency players in the Southeast Asia region, while other countries such as Malaysia still doubt whether or not to legalize cryptocurrency. Whereas Thailand, Singapore, and Hong Kong continue to take the lead in making legalities and other regulations regarding Cryptocurrency.

According to the media, Bangkok reported that the Thai Stock Exchange would submit a request to the Treasury to get a currency license cryptology so they could become an official Cryptocurrency exchange.


The Chair of the Securities Companies Association and the deputy chairman of the Stock Exchange's governing board, Pattera Dilokrungthirapop, told the Bangkok Post that:

"We are in a hurry to enter the digital asset trade because some companies are still managing their core businesses where brokers can adjust their trading platforms to digital trading. This is waiting for the Thai Stock Exchange for a license because investors better understand this asset class. "

One reason why the Thai Stock Exchange has been applied to a cryptocurrency license in the short term is to help exchange members who want to become cryptocurrency brokers and dealers. In addition, they also think of long-term plans to organize their own crypto exchanges. If they succeed, they will become a stock exchange that separates their shares and exchanges into two separate entities.


The Thailand Stock Exchange is currently the top position to become a big crypto trader in Thailand if their plans are realized. However, some of the cryptocurrency companies in Thailand believe that the Thai Stock Exchange still lacks experience compared to existing crypto exchanges in Thailand such as the Bitkub Exchange and the BXB Exchange.


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Cryptocurrency | Two choices of cryptocurrency that are suitable for beginners

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Bitcoin cryptocurrency is starting to show a positive market direction and Bitcoin continues to strengthen towards $ 6000. other than that, another cryptocurrency also shows signs of revival every day, this can be a good sign to go back and invest in high potential cryptocurrency.

At present most cryptocurrency trades below 70% at its highest price, which means the opportunity to make big profits is wide open. within this scope, there are at least two prominent cryptos that have the potential to achieve large profits, Cardano (ADA) and Stellar (XLM).




1. Cardano (ADA)
Cardano (ADA) has many developments and one of them is Shelley. Cardano's team has confirmed that this process is fully on track.

By sharing the updates made, Cardano is one of the most interesting to be observed at this time. Seeing the main aspects of Shelley shown demand for Cardano will increase as investors buy it for passive income.

In addition, the IOHK team is working hard to adopt Cardano's blockchain technology, for example, they launch free Udemi lessons for Marlowe and this has the potential for the Cardano blockchain to be used as a smart-contract massively.

With such prospects making Cardano has high growth potential. If Cardano returns for $ 1.5 from current prices, every investor entering Cardano will now make a significant return on investment.

2. Stellar (XLM)
Stellar (XLM) has a big chance at exponential profits this year. For starters, IBM seems to be moving which over time will add significant value to the Stellar blockchain. this is one step to increase the amount of Stellar use throughout the world.

For example, IBM-Food-Trust and the World-Wire Blockchain both have the potential to drive billions of dollars in volume, through the Stellar (XLM) blockchain.

Many global supermarkets register to use IBM Food Trus and financial institutions also register to use IBM Blockchain World-Wire and are expected to continue to increase in number.

The above factors are one of the drivers of Stellar Blockchain as a popular Cryptocurrency and have a huge advantage this year.


Stellar also supports the development of STO as an alternative to ICO. The Stellar STO amount has increased in recent usage and this will have an impact on their crypto value which will increase significantly.

There is still a lot of Cryptocurrencies that has great potential profits in the future. But on the basis of fundamentals, the two cryptos above have a bright and bright future regardless of how the market plays in the short term.


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cryptocurrency news | France Refuses Amendments to Cryptocurrency Tax

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The French National Assembly has rejected several tax amendments that were submitted for tax from capital gains made by investors and cryptocurrency traders. This tax amendment is designed for investors who benefit from crypto in France.


One of the rejected amendments is about annual tax redemptions from € 305 to € 5,000 or € 3,000. But € 305 is quite profitable according to National Assembly. Another refusal is cryptocurrency tax that is equated with securities,

Another amendment in Article 16A requests to charge crypto assets only for compilation sold or withdrawn to the bank. France also imposes taxes on investors to convert their crypto assets into fiat currencies and store them in transit wallets. Unless the National Assembly also refuses to make changes to it.


Last month, a Reuters report noted: "currently benefiting Bitcoin, asking for a tax of 36.2% while other forms of capital wealth in other non-property assets require a tax of 30%". The financial commission that was approved by the amendment to the 2019 budget bill aimed at selling other crypto assets to a Fiat tax of 30%

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CoinMarketCap | Latest Version of Smart Phone Application with New Updates

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The most popular Cryptocurrency tracking site, CoinMarcetCap, released the latest version of their application for the iOS platform and their first Android application, this new application was given an additional feature to track prices and user accounts.

According to a statement on their website, the application will include a candlestick chart, daily open-high-low-cost history, and a price chart on all cryptocurrency available on CoinMarcetCap.


To be able to use this application, users must have an account on CoinMarcetCap Coin. This application also allows users to read news from various media and compare crypto prices with another crypto.

last March, CoinMarcetCap also announced that it would release two crypto benchmark indexes on the Nasdaq Global Index Data Service, Bloomberg Terminal, Thomson Reuters Eikon, and Börse Stuttgart.

Earlier last year CoinMarcetCap launched a developer and targeting professional and paid APIs, with support for trading futures, options and exchangers by quoting monthly fees. In addition, they also changed the listing metric for the crypto exchanger after research that claimed that most of the exchangers were falsified.


To commemorate their fifth year, the CoinMarcetCap application was launched last May for the iOS platform. CoinMarcetCap is in the top 500 of the world as the most visited site.


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