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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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Ukraine Justice System Employee Charged For Illegal Mining Of Cryptocurrency

An employee of Ukraine’s State Judicial Administration has been charged in the mining case at his workplace. According to the reports, the IT officer was misusing his official position so that he could illegally mine cryptocurrency. Ukraine charges Employee For Illegal Mining At Workplace The Kyiv City Prosecutor’s office, on...

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Azimo To Use Ripple Tech For Philippines Remittance Corridor

Azimo, a money transfer service from Europe, was tapping technology from Ripple, a popular blockchain firm, outflowing its funds to the Philippines. How The Partnership Will Benefit Azimo On Tuesday, it was announced that Azimo would start using Ripple's ODL(On-Demand Liquidity) service to improve the speed of customers' money transfers....

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SEC Charges Actor Steven Seagal with Unlawful Promotion of ICO

US Securities and Exchange Commission (SEC) announced it had settled charges against Hollywood Icon Steven Seagal for failing to disclose promotional work revenue. SEC said in a Thursday Press Release how the actor failed to disclose being promised $250,000 cash and at least $750,000 worth of B2G tokens. This would...

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Can Ethereum overcome sell pressure and surge 10% in the next week?

Altcoins' fate is tied to Bitcoin and there is nothing anything or anyone can do about it. Even Ethereum, the king of altcoins cannot escape this fate, however, it might overcome the selling pressure in a few days. After a recent, massive bitcoin sell-off, the price has recuperated already and...

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CFTC Advisory Committee Holds Meeting to Better Understand Stablecoins

The technology advisory committee of the CFTC sat down on Feb 26 in efforts to better understand stablecoins, custodial practises crypto-insurance and cybersecurity. During the meeting, three stablecoin projects were in attendance. Namely, Paxo, JPM Coin and MarkerDAO. In discussion were the different aspects of stablecoins. Paxos CEO Charles Cascarilla...

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Major Exchange Tests Clearview AI facial Recognition Technology

Coinbase has admitted to testing controversial AI recognition technology Clearview. However, the exchange denied allegations that the test involved customer data. The leading global cryptocurrency exchange prides in a user base of at least 30 million accounts and about 20 million monthly visits. Therefore, it is easy to see the...

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Binance Facilitates Zero-cost Fiat Fees For Popular Payment Methods

Binance now offers zero-fees payment method to its users for the purchase of Cryptocurrencies with British pounds, Euros and Australian dollars. Binance announced its new zero-fee campaign for purchasing crypto on 27 February. Users can now enjoy zero charges if they would use EUR, AUD and GBP payment method and...

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Tether Confronts Against “Consolidated Complaint” After Lawsuit Advances

Judge Katherine Failla of the US District Court of New York has been appointed as the interim lead counsel in “consolidated complaint” against New York-based iFinex, the parent company of Tether and Bitfinex Exchange. According to the website of Tether, the accusations related to the manipulation of markets through coin...

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Ransomware Swallows Up $140 Million, According To FBI

In the RSA Security Conference(San Francisco) of 2020, Joel DeCapua, the special agent at FBI explained that cyber victims had paid the ransom around $140 million against the attacks of ransomware on bitcoin wallets. $140 Million Loss As Ransomware Payments FBI analysed the data of the last six years shared...

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After Bitcoin SV's 25 surge

Bitcoin SV was predicted to break out of a symmetrical triangle pattern. The price was supposed to collapse by 5 to 7%, however, it slid by 16% pushing the price from $205.58. This was unprecedented to a certain level and was mainly due to bitcoin's brutal collapse that lasted for...

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Litecoin begins its surge, short-lived rally or more upside?

In its early days, Litecoin was more dearly known to be silver while bitcoin as gold. That narrative for Litecoin seems to be fading as time passes, while bitcoin holds its. This is due to bitcoin and how it was the first innovative product that started cryptocurrency as we know...

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OKEx and Bitfinex Crypto Exchanges Hit By DDoS Attacks

Distributed Denial-of-Service(DDoS) attack threatened two significant cryptocurrency exchanges in one day. The cryptocurrency exchange OKEx has been targeted in the night of February 27, 2020, while another major exchange, Bitfinex, seemed to be hit in the morning of February 28, 2020. Malicious Web Of DDoS Attacks According to Jay Hao,...

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Jiang Zhuoer- Bitcoin Halving Would Lead to a Bitcoin Bull

According to the founder of top cryptocurrency mining pool BTC.Top, Jiang Zhuoer, the upcoming bitcoin bull could very well be the last that can be immaculately predicted. Zhuoer believes that the upcoming block reward halving would spark a bitcoin bull, which would reduce it from 12.5 BTC per block to...

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Roger Ver Strikes Hard On Bitcoin Maximalists

Digital currencies have emerged as an effective way to cut the expenses and all the difficulties that came while dealing with banks using traditional currencies. Besides that, cryptocurrencies such as Bitcoin have become viable options for opposing government authority on money circulation. However, Bitcoin is not the only crypto asset...

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Japan's LINE Closed BITBOX in Singapore, launches BITFRONT in the US

Japanese messaging giant LINE closed down BITBOX, Singapore based crypto exchange and rolled out the BITFRONT, global platform based in the US. The new platform enables both fiat-to-crypto and crypto-to-crypto gateways. BITFRONT aims to attract potential investors from the United States by offering them higher liquidity. Major Shift of LINE...

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Kaspersky Launches a Blockchain-Based Voting System Called Polys

A platform which thrives on blockchain technology has been built by one of the world’s largest cybersecurity firm, Kaspersky, according to the reports from Verdict UK. Kaspersky Innovation Hub with the desire to develop an upgrade over the current existing voting platform has come up with their Polys project, which...

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Ethereum Classic Inks Deal With Chainlink On Oracles

Ethereum Classic Labs has recently, collaborated with Chainlink to introduce decentralized oracles and external data to the Ethereum Classic blockchain. The Ethereum Classic Labs has mentioned that neither Ethereum Classic nor Ethereum could natively interact with data that exists outside of their respective blockchains. It (Blockchain) could only process the...

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Singapore’s Fiat-crypto Platform Coinhako Restricts Withdrawals After Invasion

Coinhako has reset passwords and two-step verification of all of its accounts although the withdrawal of funds is still not allowed for its users. Coinhako is Asia’s one of the largest cryptocurrency exchanges that have been hacked this week. After the hack, the exchange has temporarily frozen withdrawals of funds...

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