Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License – CCN.com

Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License – CCN.com

Switzerland’s financial regulator will subject the ‘Libra’ project to further scrutiny. | Source: ShutterstockSwitzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations.In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that the various services…

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‘Zombie Crypto’ Threatens John McAfee With $100 Million Lawsuit – CCN Markets

‘Zombie Crypto’ Threatens John McAfee With $100 Million Lawsuit – CCN Markets

Source: REUTERS / Alexandre Meneghini (i), Shutterstock (ii). Image Edited by CCN. A Chinese crypto project that allegedly paid 2020 U.S. presidential candidate John McAfee $4.5 million to promote the Initial License Offering (ILO) of its Zombie Coin has now threatened to sue the influencer for $100 million.According to the firm behind the CZcoin cryptocurrency…

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$14 Million Crypto Mining Trojan Hijacked Chinese Internet Cafes

$14 Million Crypto Mining Trojan Hijacked Chinese Internet Cafes

An illegal crypto mining operation involves hijacking multiple internet cafes, bribery and some 100 million yuan in crypto. | Source: ShutterstockFifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100 million yuan (nearly $14 million) in…

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Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn’t Give Any Away – CCN Markets

Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn’t Give Any Away – CCN Markets

Square Crypto, the cryptocurrency branch of Jack Dorsey’s Square, touted the virtues of bitcoin giveaways but didn’t actually give any away. | Source: Shutterstock Square Crypto, the cryptocurrency unit of Jack Dorsey’s mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn’t offer to give any away. What a crypto tease!…

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