About Luca

Four Banks in Iran started supporting the new gold-backed cryptocurrency

According to the Financial Tribune, a new gold-backed cryptocurrency was released in Iran by the company Kuknos. It is called “PayMon” and four national banks, namely Bank Mellat, Bank Melli Iran, Bank Pasargad and Parsian Bank, entered a partnership with...

Customers panic after cryptocurrency exchange Quadriga’s CEO dies: losses of millions of US dollars

Credit: Stephen Hui, The Georgia Straight Gerry Cotton, founder and CEO of QuadrigaCX, a Canadian cryptocurrency passed away a few days ago at the age of 30. Mr. Cotton had not revealed the passwords to the platform’s cold wallet to...

In Wyoming cryptocurrencies are now recognised as actual money

Credit: Coindaily Wyoming’s Senate has recently passed a bill recognising cryptocurrency as money. It has also begun to establish regulations aimed at making crypto transactions safer. According to the bill passed a few days ago, digital coins are now “legal...

Iran is negotiating use of crypto transactions with 8 countries

According to the local newspaper Tehran Times, Iran is holding talks with 8 countries to use cryptocurrencies in financial transactions. The decision to hold the negotiations was taken as a means to overcome difficulties resulting from US-led sanctions against the...

Polish BitBay introduces Stellar coins and two new tokens

BitBay, a Polish platform dedicated to crypto trading, recently announced the launch of Stellar and “2 new tokens”, according to a post released on Jan. 29. It is now possible to trade Stellar coins, also known as Lumens (XLM), in...

Francesco Firano, owner of the hacked crypto trading platform BitGrail to return funds to customers

Photo Credit: Steemit One year ago, Bitgrail, an Italian platform for cryptocurrency trading landed the front pages of newspapers across the world. Around $150 million were reported missing. The matter resembled Japan’s MtGox, that suspended its activities in 2014, after...

New state-backed cryptocurrency is on the way in Iran

Credit: International Mission Board. According to Al Jazeera, Iran is close to announce the launch of the first state-backed cryptocurrency. It is expected to be unveiled at the Electronic and Banking Payment Systems conference in Tehran. The main features of...

$8 million cryptocurrency scam Taiwan: 15 arrested

Credit: Jooinn. 15 people have been arrested because suspected of being the operators of an $8 million-dollar scam in Taipei, Taiwan. The announcement came from the Criminal Investigation Bureau’s chief Li Chi-hsun. He also said that the suspects were arrested...