Friday, December 13, 2019

US States Issue Warnings Over Cryptocurrency Investments

The American states of Idaho and Alaska have both issued warnings over investments involving cryptocurrencies. Idaho's Department of Finance warned its people on Thursday to deal cryptocurrency investments with...

Ethereum founder says 90% of token startups will fail

Ethereum co-founder Vitalik Buterin reckons that nine out of ten token startups are doomed to failure. While widespread experimentation with tokens is a good...

UK Gov’t Researching Distributed Ledger Technology for Securing Digital Evidence

The British Government is exploring ways to employ Distributed Ledger Technology (DLT) to secure digital evidence and identity information, according to a blog post published August 23. Her...

Bitfinex Implicated in Laundering Drug Money, Polish Media Reports

Bitfinex, one of the world’s largest cryptocurrency exchanges, has been implicated in a Polish investigation into the Columbian drug cartel’s money laundering operation, local...

The Maddening Task of Calculating Taxes on Crypto

For many in Cryptoland, "decentralize everything" is a common mantra. And, it's something I personally believe in, to a point. However, for various business processes...

Crazy Cryptocurrency Scams: ‘Secretive WW2 Bunker’ Mining Farm

Despite how people portray it, the cryptocurrency market is far from perfect. There are still a vast variety of scams that exist along with...

Thai Securities Firms to Team Up for Crypto Exchange Launch

A group of traditional securities firms in Thailand are planning to jointly launch a new cryptocurrency exchange, a report indicates. According to the Bangkok Post on Monday,...

Putin Wants to Use Cryptoruble to Evade Sanctions But Bank of Russia Skeptical

Russia’s president Vladimir Putin has reportedly commissioned work to create a cryptocurrency as a tool to circumvent international sanctions. His economic adviser explained that...

Coinbase Bug Allowed Users To Steal Unlimited ETH, Wallet Paid $10K Bounty For Discovery

Major US crypto wallet provider and exchange service Coinbase has rewarded a Dutch company with a $10,000 bounty after it discovered a smart contract glitch allowing...
Electrum Botnet Steals $4.6 Million in Bitcoin, Cryptocurrencies

Electrum Botnet Steals $4.6 Million in Bitcoin, Cryptocurrencies

The botnet attacking Electrum has grown to 152,000 infected computers and has now stolen $4.6 million in cryptocurrencies such...

Facebook, Google and Twitter Ban Ads, But Do Their Founders Really Dislike Crypto?

Social media platforms have recently banned advertising for cryptocurrencies and ICOs, but that stance is contradictory to the thoughts of their directors. In January, the social network...

Exclusive: US Senate Candidate Austin Petersen Talks Crypto

Races for Senate are usually relatively similar. There are a few candidates, some routine bickering, a few shocking allegations, and enough muckraking to make even...

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

Central bank-issued cryptocurrency can potentially bring economic welfare gains for Canada and the U.S., according to a central bank researcher. In a working paper published Thursday, the Bank...

World’s Largest Crypto Exchange Binance Announces All Listing Fees Will Be Donated to Charity

The CEO of world’s largest cryptocurrency exchange Binance said he “hoped others would follow” his decision to donate all listing fees to charity after a sudden announcement Monday,...

Twitter ‘Free ETH Giveaway’ Scams Can Rake in $50K-100K Per Day

“Free ETH Giveaway” scams on Twitter might seem obvious to most but they are reportedly making some quite a lot of money. Making $50,000 to...
Singapore Proposes to Kill Double Taxation (GST) on Cryptocurrencies

Singapore Proposes to Kill Double Taxation (GST) on Cryptocurrencies

The Inland Revenue Authority of Singapore is proposing to end the Goods and Services Tax that is imposed on...

Australian Authorities Charge Woman Over Darkweb Bitcoin Drug Buys

Australian federal authorities have pinned multiple charges on a 32-year-old Brisbane woman for purchasing illicit drugs from the United Kingdom, using bitcoin. ‘People shouldn’t assume...

What Big Tech’s Ban Might Mean for Cryptocurrency Advertising

Following Facebook’s lead, Google has announced it will ban all cryptocurrency advertising on its platforms by June 2018. This restriction applies to all Google-owned...

Gold Sales Spike During Crypto Market Crash, Highlighting Inverse Correlation

Daniel Marburger, Director of Europe-based online gold dealer CoinInvest, claimed the company sold about 30 kilograms of gold, worth over $1 mln, in just one...

Neurogress Pre-TGE Is Down for a Few Hours

Neurogress, the promising startup for neurocontrol technology, has had to put their pre-TGE plans on hold for a few hours. A lot of interest has...

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Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable...
Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects...
SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange...
Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users...
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Coinbase Admits Putting 3,500 Traders’ Crypto Funds at Risk

A bug could have lost the users of Coinbase a lot of money, confesses the exchange itself in its...