According to a report yesterday, A Taiwanese Bitcoin miner has been shot by local gangsters due to a crackdown in which he blamed on Bitcoin trading in mainland China.

According to a report by the Taiwanese news source Liberty Times, the incident occurred on Saturday night, local time, when the two suspects allegedly had a meeting with a bitcoin miner with whom a significant investment had been made.

The miner, who reportedly has the surname Wu, had previously accepted 10 million

Read More: https://bitzamp.com/taiwanese-bitcoin-miner-shot-by-gangsters-blames-trading-crackdown/

Monex Group Announces Successful Completion Of Its Acquisition Of Coincheck Shares
Earlier this Month Monex Group, a Japanese-based financial services firm, announced their interest in acquiring the Japanese cryptocurrency exchange, Coincheck. And today Monex Group, Inc. has announced a successful completion of its acquisition of 100% shares of Coincheck, Inc.

Also Read: Confirmed: Monex To Acquire Hacked Japanese Exchange Coincheck for $33.5 Mln

Earlier this year, Coincheck suffered a hack which left them hanging from a thread. During the hack, the exchange lost about $530 million US dollars worth of the XEM

Read More: https://bitzamp.com/monex-group-announces-successful-completion-acquire-coincheck/

GoldCoin has launched its mission to create the world’s largest form of money at full speed, taking advantage of the talent of Adam Sharek, the new head of team exchange relations. As the crypto exchange seeks to develop, cryptocurrency for investors looking to add more exchange partners to it’s growing list.

As Head of Exchange Relations, Adam is proactively engaging in rewarding relationships with cryptocurrency exchanges to increase GoldCoin’s public profile, legitimacy and

Read More: https://bitzamp.com/adam-sharek-new-head-of-goldcoin-exchange-relations/

Australian Woman Charged Over Purchase of Drugs With Bitcoin on Dark Web
32-year-old woman from Brisbane was charged with buying drugs on a “dark web” portal.
On Friday the Australian Border Force (ABF) announced the arrest of the woman suspected to have imported MDMA (aka Ecstasy), as well as opioids Fentanyl and Oxycodone.

Fentanyl is believed to be between 50 and 100 times more potent than Morphine, making it


Read More: https://bitzamp.com/australian-woman-charged-over-purchase-of-drugs-with-bitcoin-on-dark-web/

Mastercard Filed a Patent For a New Blockchain System To Fight Fake Identities
A newly published patent filing from Mastercard describes a system in which a semi-private or private blockchain is used to receive and store identity data, in accordance with the official request published by the United States Patent and Trademark Office (USPTO).

Also Read: Mastercard Is Hiring Blockchain Experts With Specialists On Different Roles

The company states in the filing, which was submitted in September 2017, that the technology could help with the use of fake identity data within its systems.
Mastercard writes:

Read More: https://bitzamp.com/mastercard-filed-a-patent-for-a-new-blockchain-system-to-fight-fake-identities/

Bitcoin is coming off one of its best one-day performances of the year, but one Nobel Prize-winning economist sees the cryptocurrency as more of a psychological experiment than a serious investment.
“I’m interested in bitcoin as a sort of bubble. It doesn’t mean that it will disappear, that it’ll burst forever. It may be with us for a while,” Robert Shiller, professor of economics at Yale University and co-founder of the Case-Shiller Index said.

Here are some major News Spotlight for this week:

Read More: https://bitzamp.com/bitzamp-news-spotlight-for-this-week-from-april-09-14-2018/

Last week, the bank regulator had released a statement directing all regulated entities, including banks, e-wallets, and payment gateway providers, to stop dealing with individuals and businesses in decentralised currency.

Traders may go one step ahead to challenge the central bank before the Supreme Court. Meanwhile, these traders have been running a campaign against RBI to rethink over its decision on virtual currency.

According to Anirudh Rastogi, managing partner at law firm TRA that represents several

Read More: https://bitzamp.com/crypto-traders-campaign-rbi-crackdown-virtual-currency/

Indian cryptocurrency exchange Coinsecure said it would pay a bounty of Rs. 2 crore to anyone who helps them recover the lost bitcoins.

On April 9, Delhi-based bitcoin exchange Coinsecure was reportedly to have lost bitcoins worth around Rs 19 crore in a security incident on Monday. Coinsecure promised to use its

Read More: https://bitzamp.com/coinsecure-offers-rs-2-crore-bounty-to-recover-lost-bitcoin/

Dr Craig Wright, one of the prominent theoretical proponents of crypto coins, has been involved in another scandal, this time, plagiarizing a mathematical proof to support his theory on mining.

In July 2017, Craig Wright published “The fallacy of selfish mining: a mathematical criticism” to show the proposed changes in Bitcoin was not necessary and could be detrimental to the security of the currency.

The alleged instability of plagiarism was discovered for the first time by Bitcoin Unlimited chief scientist, Peter R. Rizun, who has been a vocal rival of Wright for some time.
The discovery of a plagiarized text in Wright’s latest articles is just another addition to a

Read More: https://bitzamp.com/self-acclaimed-bitcoin-creator-craig-wright-accused-of-plagiarism/

A Moscow court ordered telecommunications companies to block Telegram in Russia after the chat app refused to grant intelligence authorities access to users’ encrypted messages, in a blow to the company just weeks after it raised $1.7 billion from investors.

The ban comes after a prolonged dispute between the telegram and the Russian authorities, who need access to encryption to investigate serious crimes, including terrorist attacks. Telegram is undoubtedly the first popular means of communication in Russia that has been officially banned

Read More: https://bitzamp.com/russian-court-bans-telegram-app-after-its-ico-pre-sale/

Mastercard Is Hiring Blockchain Experts With Specialists On Different Roles
According to a press release on Thursday, MasterCard is looking to hire 175 people with experience in different roles, including blockchain specialists.

The new roles up for grabs include software engineers, blockchain specialists, data scientists, project managers, analysts, product designers, cloud infrastructure specialists and information security experts.

Mastercard’s Leopardstown office in Dublin County currently houses 380 employees. It is the global headquarters of MasterCard Labs

Read More: https://bitzamp.com/mastercard-is-hiring-blockchain-experts-with-specialists-on-different-roles/

The Spanish banking giant Banco Santander recently announced the launch of its new global payment system based on blockchain technology for retail customers in European nations: Spain, Brazil, United Kingdom and Poland. The bank plans to extend the service to more countries in the coming months.

The new service, known as ‘Santander One Pay FX’, allows customers to make international transfers on the same day in many cases or the next day. The service also shows the exact amount received in the currency of destination before making the transfer.

The banking giant has confirmed that it is powered by XCurrent’s distributed ledger

Read More: https://bitzamp.com/santander-launches-blockchain-based-money-transfer-app/

Yahoo intends to buy a minority stake in a cryptocurrency exchange with the hope of entering the market later this year.
On Friday, the tech giant said in a statement that a 40% stake in BitArg Exchange would be paid through subsidiary of Yahoo Japan.

Yahoo Japan did not give details of the value of the investment. But a person familiar with

Read More: https://bitzamp.com/yahoo-japan-intends-buying-minority-stake-in-crypto-exchange/

Just days after the RBI announced its latest move to isolate banks from the risks associated with cryptocurrencies, Delhi-based bitcoin exchange Coinsecure has reportedly lost bitcoins worth around Rs 19 crore in a security incident on Monday.

According to media reports, the theft was exposed when users trading on the platform which was over two lakh users across the country, complained that they are unable to access their funds in the last few days.

In a letter published on the coinsecure website, it states: “We regret to inform you that our bitcoin funds have been exposed and seem to have been siphoned out to an address that is

Read More: https://bitzamp.com/coinsecure-announces-3-3m-theft-company-suspects-its-own-employee/

TenX Added Litecoin [LTC] to Wallet with a Debit Card Launch Scheduled
TenX, a server in the blockchain that makes multiple cryptocurrencies instantly expendable in everyday life, today announced that Litecoin (LTC) has added a TenX mobile wallet for iOS and Android.

The TenX wallet comes with some updates and support for LTC in the Blockfolio application for iOS and Android. Charlie Lee, the founder of Litecoin [LTC], tweeted about the announcement:
“TenX recently added LTC to their wallets, and we are working with them to launch a Litecoin debit card. Stay tuned for more information.

Read More: https://bitzamp.com/tenx-added-litecoin-ltc-to-wallet-with-a-debit-card-launch-scheduled/

A class action lawsuit has been filed against JPMorgan Chase, alleging that the bank overcharged its credit card customers when they used funds to purchase cryptocurrencies.

The complaint was filed in the Manhattan federal court on behalf of a national class on Tuesday, accusing the bank of having charged additional fees, interest rates on “cash advances” and refused to reimburse customers who complained.

Plaintiff Brady Tucker, a Chase credit card customer and resident of Idaho, states that he incurred $ 143.30 in surreptitious fees and $ 20.61 in surprise interest charges. He said

Read More: https://bitzamp.com/jpmorgan-sued-for-high-fees-in-crypto-purchases/

The Bitfinex trading platform, based in Hong Kong, has been investigated for its alleged role in money laundering for a Colombian drug cartel.
The Polish authorities indicated that about $ 400 million dollars belonging to the drug cartels in two bank accounts have been confiscated.

It was reported that the crime was discovered for the first time during the construction of the Belgian embassy in the Democratic Republic of Congo, scammers tried to impersonate the contractors involved in the building process.

When the Belgian Ministry of Foreign Affairs discovered the crime, they alerted the Interpol who traced the vast sum to the two company’s bank accounts in Poland which are both

Read More: https://bitzamp.com/bitfinex-is-been-investigated-for-alleged-role-in-money-laundering/

Another Giant Crypto Exchange OKEX Is Expanding Its Operations To Malta
OKEX is one of the leading digital asset exchange that offers global users with a robust digital-asset-only exchange and currently offers token and futures trades.

Malta has now attracted its second largest cryptocurrency market, with OKEx declaring in a statement from its company that it is eager to join the [Suspicious link removed]munity in Malta through its participation in the Delta Summit to be held in October 2018.

This was announced by the company, an announcement that followed several meetings with the government. OKEx expressed confidence that Malta will serve as the basis for the

Read More: https://bitzamp.com/another-giant-crypto-exchange-okex-is-expanding-its-operations-to-malta/

After Google and social networking sites such as Facebook and Twitter banned ICO  and cryptocurrency advertising services on their platforms, Taobao, a subsidiary of Alibaba, has followed in its footsteps.

China-based online market Taobao, a subsidiary of Alibaba, has announced that it will ban the sale of any service related to ICO from its platform.
According to the policy update, the ban takes effect from 17th of this month. Taobao had previously banned all its stores from trading in crypto mining devices. The newly updated policy did not lift this ban.

Taobao defended itself with regards to the ban citing the Peoples Bank of China that

Read More: https://bitzamp.com/alibabas-taobao-to-ban-any-service-related-to-ico-from-its-platform/

Earlier today, officials in Vietnam called for more scrutiny against those who invest or carry out transactions using cryptocurrencies. The Prime Minister’s statements could be the biggest case of fraud involving digital currencies in the nation.

The Vietnamese Prime Minister addressed several government and financial bodies in a directive on Wednesday in light of the latest massive ICO scams.
Nguyen Xuan Phuc instructed the State Bank of Vietnam, the Ministry of Public Securities amongst other institutions to ensure greater “management of activities related to Bitcoin and other cryptocurrency”. According to Reuters, the official government website supported this by stating:

Read More: https://bitzamp.com/vietnam-responds-to-660-million-cryptocurrency-fraud/