Shop.com now accepts Bitcoin payments after partnership with BitPay

United States-based e-commerce platform Shop.com is the latest such site to adopt cryptocurrency payments.  The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay, which will allow it to accept payments in several cryptocurrencies including Bitcoin (BTC). The new partnership enables Shop.com users to select the BitPay option during checkout to pay via […]

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Bithumb crypto exchange reportedly bans foreigners without mobile KYC

South Korean crypto exchange Bithumb has reportedly announced a ban on foreigners who have not completed phone-based Know Your Customer (KYC) verification. According to local coverage by Pulse, non-Koreans using the Bithumb crypto exchange will be subject to mandatory mobile verification. While the rule is reportedly set to be effective from this year, the exact date for the new KYC […]

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SEC charges BitConnect founder with $2B scam as promoter pleads guilty

The U.S. Securities and Exchange Commission (SEC) has filed new charges against the founder and promoters of BitConnect, one of the digital currency industry’s largest scams to date. BitConnect founder Satish Kumbhani and the exchange’s lead U.S. promoter Glen Arcaro are facing charges in connection with their alleged roles in defrauding over $2 billion from thousands of investors. BitConnect was […]

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Kleiman v Wright: Updated witness list filed

The parties in Kleiman v Wright have submitted their updated proposed joint witness list for November’s trial. The list is broken into two categories: fact and expert witness. Fact witnesses are generally those who are there to give evidence of fact and not opinion. Expert witnesses, on the other hand, provide opinion within their expertise. The list is not substantially […]

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Integral’s Average Daily Volumes in August Jump 11% YoY

Integral, a leading technology company in the foreign exchange (FX) market, released its trading volumes for the month of August 2021 today. The company reported the average daily volumes (ADV) of $44.2 billion across all its platforms for the last month, which is 0.5% higher compared to July 2021. The latest ADV numbers are up by approximately 11.1% compared to […]

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ACE Exchange Partners with KPMG to Tackle Cryptocurrency Money Laundering

Taiwan-based cryptocurrency exchange, ACE Exchange recently announced that the company has formed several partnerships with some of the world’s leading audit firms to counter crypto money laundering. In an official announcement, ACE Exchange mentioned that the company has collaborated with KPMG, KGI Bank, CYBAVO, and Lockton to offer protection against financial crimes and illegal transfer activities. The company aims to […]

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