‘We’ll Be Right Back!’ – Signs Point to Exit Scam For Cryptocurrency Platform Cubits

Users are venting frustration at UK-based cryptocurrency wallet and exchange Cubits after the service went offline following alleged payment delays. Cubits Website Disappears Overnight Cubits, the trading name of Dooga, a company formed in London in 2014, became involved in a legal battle over allegations it was hacked earlier this year, a court ruling in […]

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Brexit Britain Can’t Rope-In Crypto Cowboys Alone

Bloomberg contributor Lionel Laurent believes that Brexit Britain needs to get serious about regulating the crypto industry. Yet, he’s skeptical it can be done alone. It’s clear from a September 21st Bloomberg article that regulation-cozy Lionel Laurent believes crypto regulation needs to be an international effort. EU-friendly Laurent believes that Brexit Britain simply cannot go it alone. Crypto needs […]

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Embezzled PayPal Funds Laundered into Bitcoins via Online Game

Jeff Francis · April 7, 2018 · 1:30 pm Law enforcement in the UK confiscated almost 10 bitcoins from a PayPal scammer who laundered his embezzled loot through the Second Life online game. Far too often, the media and traditional financial institutions love to paint Bitcoin and other cryptocurrencies as being commonly used by criminals. […]

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Coinbase To Congress: We Don’t Need More US Cryptocurrency Regulators

Wilma Woo · March 15, 2018 · 10:00 am Coinbase has told the US that regulators “already have sufficient authority” over cryptocurrency as the exchange and wallet provider passes 20 million users. Coinbase Aims For ‘Effectiveness’ At Congress Speaking at the increasingly notorious Congress hearing on cryptocurrency March 14, during which one senator appeared to […]

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