Sunday, August 19, 2018

California Judge Orders Accused Hacker to Pay Bail in Crypto

A Serbian and Italian national has been ordered to pay bail in cryptocurrency while he faces charges that he hacked the computer network of...

Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of...

Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada

Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order...

Binance LCX Launches Fiat-to-Crypto Exchange in Liechtenstein

Binance LCX, a joint venture between Binance and Liechtenstein Cryptoassets Exchange (LCX), has announced the launch of a fiat-to-crypto exchange, according to a press release published August 16.The...

Strong US Dollar, Not ICOs, Drove Recent Cryptocurrency Market Decline

The cryptocurrency markets experienced a slight pullback on Thursday but have more or less managed to maintain the midweek recovery that followed Monday’s massive...

Nvidia Reports ‘Substantial Decline’ in GPU Sales to Crypto Miners

Nvidia is reporting a "substantial decline" in revenue as a result of declining sales to cryptocurrency miners.In an announcement of its second quarter earnings...

Genesis Mining to End Unprofitable Crypto Contracts

Cloud mining service Genesis Mining is forcing some clients to upgrade to a five-year subscription or else lose services, it announced Thursday.The Iceland-based startup...

California Is Open to Allowing Crypto Political Donations

Candidates for public office in California may soon be able to accept cryptocurrencies as donations.The California Fair Political Practices Commission met on Thursday to...

Bitcoin Wallet Browser Toshi Rebrands to ‘Coinbase Wallet’

Toshi, the open source DApp browser and wallet designed by Coinbase will now be known as Coinbase Wallet.In a Medium post published on Wednesday, the company...

Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX

A cryptocurrency dealer setting out to provide trading services for institutional investors has closed a Series A funding round of $22.7 million.Called SFOX, the...

Malta Issues Virtual Assets Rulebook – Stakeholders’ Reaction Muted

The Malta Financial Services Authority (MFSA) has now published a Virtual Financial Assets (VFA) Rulebook specifically pertaining to the regulation of Issuers of VFAs under the...

Bitangels Co-Founder Sues AT&T for $224 Million Over Cryptocurrency Hack

The cryptocurrency investor Michael Terpin is suing the large telecom firm AT&T because his mobile phone was compromised by hackers who stole $24M USD...

What the Foreshadow Flaw Means for the Future of Cryptocurrency

Yet another dire security flaw was unveiled Tuesday with potential ripple effects across the tech world, including for cryptocurrency projects seeking to leverage certain...

Coinbase to Pursue Decentralized Form of Identification Following Acquisition

Cryptocurrency exchange and wallet service Coinbase has acquired San Francisco-based startup Distributed Systems Inc., which works on decentralized identity solutions, according to an August 15 announcement.In the blog post,...

Cryptocurrency Startup Swarm Is Selling Tokens Backed by Robinhood Shares

Cryptocurrency startup Swarm has an ambitious plan to democratize venture capital, and it has today taken a major step toward that goal by listing...

30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey

Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research.In a...

Tyler Winklevoss: ‘It Will Take Time’ for Wall Street to Make Crypto Jump

Crypto exchange Gemini CEO Tyler believes “it will take time” for the majority of Wall Street to enter the cryptocurrency sector.The Winklevoss brothers also...

Venezuela Looking to Launch a Central Bank for Cryptocurrencies

Venezuela is reportedly looking to lunch a central bank for cryptocurrencies, as the country’s National Constituent Assembly is preparing to reform the Venezuelan Constitution...

Messaging Giant LINE Launches $10 Million Token Venture Fund

Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock...

The Code for an Anonymous Lightning Network is Now Live

The lightning network is due for a privacy boost.That's according to Dr. Ayo Akinyele, a computer scientist who has focused his efforts on building...

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Indian Police Arrest Two in $150 Million Bitcoin Ponzi

The Indian police have arrested two more persons involved in the GainBitcoin Ponzi case, according to Times of India.This comes on the heels of a...

Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most...

SIM Swapping: How Hackers Stole Millions Worth of Crypto Via Victim’s Telecoms Operator

On Aug. 15, American investor Michael Terpin filed a $224 million lawsuit against AT&T. He believes that the telecoms giant had provided hackers with access to...