eToro listed Bitcoin Cash

Social trading network eToro added the possibility to trade Bitcoin Cash cryptocurrency on the platform
21 November 2017   3022

The global social market place eToro which allows people to trade not only currencies and cryptocurrencies, but also commodities, indices and CFD stocks online, made an announcement that Bitcoin Cash was added to the platform and is now available for trading.

eToro is a market place for people to trade currencies, commodities, indices and CFD stocks online in a transparent way, which empowers over 4.5 million users in more than 170 countries worldwide to manage their funds through online investment platforms and trading community with new accounts created every day. The service has an investment network, where the users can channel the collective potential of a diverse trading community into individual benefit by interacting with other network members in real time. The platform is available on desktops as well as on mobile devices on iOs and Android.

The cryptocurrencies that are already listed on eToro are those:

  1. Bitcoin
  2. Bitcoin Cash
  3. Ethereum
  4. Ethereum Classic
  5. Ripple
  6. Litecoin
  7. Dash

etoro platform cryptocurrency trade markets november 21 2017eToro cryptocurrencies trade markets for November 21, 2017

According to the statistics charts for November 21 presented on eToro, day's range of Bitcoin Cash is varying from $1135,35 to $1229,58 and the year return is 86,55%.

Bitcoin Cash price stats November 2017Bitcoin Cash price stats for November 21, 2017

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $1176,96 
  • Marketcap: $19,789,258,320 
  • 24h volume: $892,807,000

Dutch Authorities to Shut Down Bestmixer

The service is accused of launder over $200M worth crypto with coin "mixing" - spliting the amount and mixing it with other coins from different sources
23 May 2019   260

The Bitcoin mixing service Bestmixer was forced to cease operations after a nearly one-year investigation of money laundering charges. It is reported by Bleeping Computer.

Like other similar services, Bestmixer.io split the amount in bitcoins into smaller transactions and mixed them with transactions from other sources in order to hide their origin, and then transfers the entire amount minus the commission to the final address.

It also offered similar services with Litecoin and Bitcoin Cash.

The investigation believes that service customers could launder money through cryptocurrency.

Bestmixer offered a very clear page on why someone should mix their cryptocurrency. On this page Bestmixer described the current anti-money laundering policies and how its service could help evade these policies by making funds anonymous and untraceable. Offering such a service is considered illegal in many countries.
 

John Fokker

Head of Cyber Investigations, McAfee

Bestmixer was opened in May 2018. For the year of its existence, its turnover amounted to about 27,000 BTC (approximately $ 200 million). Fiscal Information and Investigation Service claims that a significant part of the funds passed through the mixer was obtained as a result of conducting illegal activities or was used to finance criminal gangs.

Policemen confiscated a domain and six servers in Luxembourg and the Netherlands. In addition, they got access to all transactions carried out using the service, cryptocurrency and IP-addresses, as well as messages from the chat. This information is currently transmitted to Europol.