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Payments Giant Qiwi Unveils Crypto Investment Bank

Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help Russian companies tokenize their assets once the appropriate regulation in Russia is in place. The company announced it was launching a new enterprise based on its fintech subsidiary Qiwi Blockchain Technology, created this […]

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Cybercriminals Are Moving from Ransomware to Cryptojacking: Kaspersky Lab

Advertisement According to a report published by Kaspersky Lab, a global cybersecurity company, there has been a significant shift from ransomware-related attacks to crypto-mining malware. The report claims that this type of attack — known as cryptojacking — has become a more profitable prospect for hackers and is the reason for the decline in ransomware […]

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Bitcoin Price Risks Further Drop After Close Below $6K

Bitcoin (BTC) could post new 2018 lows over the weekend, having found acceptance below key price support. Despite signs of a possible corrective rally seen earlier yesterday, the leading cryptocurrency closed below $6,000 for the first time since November 12, signaling a downside break of a major support (February low). While the bears had briefly […]

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Third Largest Crypto Exchange Huobi Opens London Office, Sets OTC Trading for Q3 2018

Chinese cryptocurrency exchange Huobi confirmed the opening of its London office June 28, with over-the-counter (OTC) trading tests set to begin in Q3 this year. In a press release shared with Cointelegraph, Huobi, which claims to have a global user base of “more that five million,” continued its recent narrative that expansion into Europe was […]