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PayPal makes its first blockchain startup investment
PayPal is getting in on the blockchain craze. The payments giant has invested in Cambridge Blockchain, a budding startup developing digital identity management software for financial institutions. äàëüøå »
2019-4-2 18:00
Reuters: One ‘mystery’ buyer pushed Bitcoin over $5,000
Bitcoin has been pumping. Over the past six hours, its value has jumped as much as 20 percent, and a recent report has claimed a “mystery buyer” is responsible. During Asian trade, Bitcoin‘s value broke $5,000 for the first time since November last year, marking the biggest one-day gain in the past year, Reuters reports. äàëüøå »
2019-4-2 15:42
China takes top spot with 25% of world’s blockchain projects
China appears to be edging ahead as a world leader in blockchain technology. As of November last year, the country was leading the world with 263 active blockchain projects, China. rog. cn reports. äàëüøå »
2019-4-2 14:39
No, a Swiss media ‘giant’ is not paying salaries in Bitcoin
It’s finally April 2. Congratulations, you survived the epic bullshit that is cryptocurrency April Fool’s Day – and hopefully without falling for the swath of intentionally fake news. The same can’t be said for a string of media outlets caught peddling an April Fool’s prank pulled by Swiss publishing house Netzmedien, which (through a fintech subsidiary) bombastically announced it would be paying employees’ salaries entirely in cryptocurrency, starting with Bitcoin. äàëüøå »
2019-4-2 13:09
Alibaba, Baidu, and Tencent are among the first 197 regulated blockchain firms in China
China‘s Cyberspace Administration – the country’s central internet regulator – has released the first list of companies approved to conduct business with blockchain tech. There are 197 businesses included on the list which, according to analysts, is meant to “provide a controllable environment to explore blockchain technology,” the Global Times reports. äàëüøå »
2019-4-2 11:51
Lambo, Land Rovers taken during $22M ICO fraud investigation
In Canada, authorities have seized luxury cars and frozen bank accounts owned by the ringleaders of FUEL, an allegedly fraudulent $22-million initial coin offering (ICO) from 2017. Court documents claim “blockchain services company” Vanbex raised $22 million (CAD$30 million) in cryptocurrency and fiat by with absolutely no intention to develop the FUEL token, reports CoinDesk. äàëüøå »
2019-4-1 17:04
US SEC is hiring a cryptocurrency specialist to help with regulations
If its latest job posting is anything to go by, the US Securities and Exchange Commission‘s (SEC) could be stepping up its involvement in the cryptocurrency world. The SEC is looking for an “Attorney Adviser” to operate as a “Crypto Specialist,” according to a job listing posted on federal employment website USAJobs. äàëüøå »
2019-4-1 15:56
Liquidators put the final nail in Gatecoin’s coffin
One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin. äàëüøå »
2019-4-1 11:45
Moonday Mornings: Bithumb hacked for $19M, SEC delays Bitcoin ETF decision again, and more
It’s another week which means it’s time for another wrap up of the weekend’s blockchain and cryptocurrency news. Let’s get to it. 1. South Korean cryptocurrency exchange Bithumb has been hacked for the third time in two years, reports ZDNet. äàëüøå »
2019-4-1 10:51
EOS and TRON’s most used dapps are either gambling or ‘high risk’
There’s an endless war fought for the attention of blockchain developers. Projects like Ethereum, EOS, and TRON all push their different visions of the tech, often with attempts to define success by how many dapps each network supports, and how big their userbases are. äàëüøå »
2019-3-29 19:38
Ripple partners with Federal Bank in India for cross-border payments
Private bank, Federal Bank Ltd. in India, has partnered with Ripple to facilitate international payments. In an announcement to the Bombay Stock Exchange (BSE), the Federal Bank confirmed its partnership with blockchain technology firm Ripple. äàëüøå »
2019-3-29 16:49
Mt. Gox’ Mark Karpeles to appeal data manipulation conviction
Mt. Goxs debilitating 850,000 Bitcoin loss (worth $500 million back then, but well over $3.4 billion today).…
This story continues at The Next Web äàëüøå »
2019-3-29 14:03
This Canadian town is letting residents pay taxes in Bitcoin
A small town in Canada, just north of Toronto, is joining Ohio in providing its citizens with an option to pay some taxes in cryptocurrency – Bitcoin, to be exact. The town of Innisfil will begin accepting Bitcoin as payment for property taxes in April, local news outlet Simcoe. äàëüøå »
2019-3-29 13:16
Hackers fix 20 security flaws in cryptocurrency-related platforms in 2 weeks
White-hat hackers continue to rid blockchain projects of their bugs, having earned a minimum of $7,400 for fixing security flaws in popular cryptocurrency platforms like Monero and Stellar. Seven cryptocurrency-related projects dished out rewards to blockchain hackers for finding and patching 20 software bugs in the past two weeks (between March 14 and 28), according to HackerOne data reviewed by Hard Fork. äàëüøå »
2019-3-28 20:27
4 things that concern Vitalik Buterin about moving Ethereum to Proof-of-Stake
Ethereum co-founder Vitalik Buterin recently took to Reddit to discuss some of the biggest roadblocks ahead the network’s transition to Proof-of-Stake (PoS). According to Buterin, there are currently four major hurdles ahead of implementing Proof-of-Stake. äàëüøå »
2019-3-28 19:35
Australian celebs targeted in long-running Bitcoin scam on Facebook
Bitcoin fraudsters are still using celebrities to promote their scams on Facebook and dupe investors out of money. According to reports, Australian TV presenters Karl Stefanovic and Waleed Aly are the latest names in a long list of celebrities to fall victim to the scam. äàëüøå »
2019-3-28 14:11
Bitcoin scammers swindled UK investors out of $19M last year
The UK$53,000) per day lost to scammers, enough to buy well specced BMW 3 Series. In some cases victims were hit by a double con. After being scammed for a first time, victims would be targeted by secondary scammers making false claims they could get back the victim’s lost funds for… This story continues at The Next WebOr just read more coverage about: Bitcoin äàëüøå »
2019-3-28 13:22
New Android malware targets 32 cryptocurrency apps and 100 international banks
A brand-new generation of Trojan horse malware for Android phones has been revealed, tailored specifically towards stealing fiat and digital assets from customers of top international banks and cryptocurrency exchanges. äàëüøå »
2019-3-28 12:59
Cryptocurrency startup Tagomi gets BitLicense to operate in New York
Tagomi Trading LLC, a cryptocurrency venture backed by Paradigm and Pantera Capital, has become the 18th firm to receive a coveted BitLicense. The crypto brokerage firm received approval for a virtual currency license and a money transmission license. äàëüøå »
2019-3-27 20:54
Swiss watchdog says cryptocurrency mining firm’s $90M ICO was illegal
Financial regulators in Switzerland have disclosed the illegal acts committed by Envion AG, a cryptocurrency “mining operation” that illegitimately collected over $90 million with an initial coin offering (ICO) last year. äàëüøå »
2019-3-27 18:38
Japan court lets Monero cryptojacker walk away free
A Japanese web designer has been given the right to walk, despite “borrowing” the computing power of unsuspecting users to mine cryptocurrency. The 31-year-old web designer appeared in court today and was acquitted of stealing his user’s computing resources with a Monero mining script called Coinhive, local news outlet The Mainichi reports. äàëüøå »
2019-3-27 16:52
CabbageTech owner charged with running $200K cryptocurrency and cash swindle
The operator of New York-based company CabaggeTech has been accused of defrauding investors out of more than $200,000 in cash and cryptocurrency, according to a nine-count indictment unsealed in federal court in New York, on Tuesday. äàëüøå »
2019-3-27 14:40
North Korean dissidents raise $14K with 100th ‘post-liberation visa’ on Ethereum blockchain
North Korean crypto-revolutionary crew Civil Cheollioma Defense (CCD) has issued its 100th “post-liberation blockchain visa” via the Ethereum blockchain. The group says it has been selling its tokenized visas (G-Visas) since Monday morning, after it claimed it necessary to delay sale for roughly 12 hours due to high demand. äàëüøå »
2019-3-27 14:32
FBI seizes $4.5M in cryptocurrency in dark web drug bust
Yesterday, the Federal Bureau of Investigation (FBI) announced the results of its latest dark web investigation which saw over $4 million worth of cryptocurrency seized from criminals. Led by members of the Joint Criminal Opioid and Darknet Enforcement (J-CODE) team, Operation SaboTor resulted in 61 arrests and the shutdown of 50 dark web accounts associated with online criminal activity. äàëüøå »
2019-3-27 12:57
This app exposes which cryptocurrency a user is most likely to shill on Twitter
It’s a challenge to navigate the cryptocurrency space. The entire community pretty much resides within the confines of the Twitter hellscape, where differences in investment portfolios often lead to in-fighting and disinformation. äàëüøå »
2019-3-26 20:11
Google accidentally promoted a malicious Bitcoin wallet on YouTube
Google-owned YouTube inadvertently advertized an illegitimate version of the Bitcoin wallet Electrum. A Redditor unearthed the issue, noting how the malicious advert was disguised to resemble a real Electrum advertisement. äàëüøå »
2019-3-26 18:58
‘First cryptocurrency football club’ is still paying players’ salaries in fiat
Contrary to what was promised last year, semi-professional football team Gibraltar United is still not paying its players in cryptocurrency. In July 2018, The Guardian reported the Gibraltar Premier division team will be the first one to “pay players in cryptocurrency. äàëüøå »
2019-3-26 17:16
Weiss Ratings: EOS is the best cryptocurrency, then Ripple, and THEN Bitcoin
A division of finance mainstay Weiss Ratings has today put prominent altcoins EOS and Ripple (XRP) alongside Bitcoin as the top three “cryptocurrencies” on the market — and it’s sure to rustle some feathers. äàëüøå »
2019-3-26 16:06
Bitmain’s dreams to go public slashed after IPO filing lapses
Bitmain’s hopes for an initial public offering (IPO) have been slashed after the cryptocurrency firm’s application to list on the Hong Kong Stock Exchange officially expired. Its application officially lapsed on Tuesday, six months after it was first submitted. äàëüøå »
2019-3-26 15:56
Bitcoin exchange DragonEx ‘hacked for undisclosed amount’
Cryptocurrency exchange DragonEx says it has been hacked, although it is not yet known how much has been lost in the alleged attack. The Singapore-based company announced the news on its official Telegram channel on Monday. äàëüøå »
2019-3-26 14:22
New EU regulations put an end to buying Bitcoin anonymously
One of the last places you could buy Bitcoin (somewhat) anonymously online has implemented new compliance regulations that make it impossible for users to obscure their identity. LocalBitcoins. äàëüøå »
2019-3-26 14:12
Microsoft’s Bing blocked 5,000,000 cryptocurrency ads in 2018
Microsoft’s Bing has boasted it successfully blocked more than 5 million cryptocurrency-related ads, after it imposed a strict marketing ban last year. In a blog, Bing detailed its problem with spam from sketchy advertisers. äàëüøå »
2019-3-25 19:30
US regulator blacklists Colorado trader for orchestrating $1.5M Bitcoin scam
A man in the US has been barred from trading following his alleged involvement in a Bitcoin scam that resulted in losses of approximately $1. 5 million in investors’ funds. The Financial Industry Regulatory Authority (FIRA) – a non-governmental organization that regulates member brokerage firms and exchange markets – looked into claims that Daniel Todd Levine, of Englewood (Colorado), offered investors a chance to buy discounted Bitcoin in return for significant returns on their investment. äàëüøå »
2019-3-25 18:55
Facebook is hiring 22 people for its secretive blockchain division
The fact that Facebook is working on its own cryptocurrency and blockchain applications is no longer a secret – so it’s not surprising the company is looking to grow its distributed ledger division. äàëüøå »
2019-3-25 18:08
Russia quietly removes mentions of cryptocurrency from delayed digital asset bill
Bitcoin enthusiasts in Russia will have to endure yet another setback as the government has a postponed bill seeking to recognize and regulate digital financial assets in the country. The delay comes after several terms including “cryptocurrency,” “smart contracts,” and “token” were removed from the bill’s text. äàëüøå »
2019-3-25 15:53
There’s now a black market for Ethereum-based visas to North Korea
It appears North Korean revolutionaries Cheollima Civil Defense (CCD) are indeed selling their “post-liberation blockchain visas. ” More than 60 have been distributed so far – and now, there’s even a black market for the Ethereum-based visas. äàëüøå »
2019-3-25 15:30
Moonday Mornings: Twitch drops Bitcoin, most BTC trading could be fake, and more
It’s Monday, which means there’s a weekend’s worth of cryptocurrency and blockchain news to catch up on. Here are the headlines. 1. Despite giving up on its proprietary cryptocurrency, Citibank isn’t ready to leave the world of blockchain for good. äàëüøå »
2019-3-25 11:51
You can now play scratchcards with Bitcoin, thanks to the Lightning Network
The Lightning Network is where all the weird and wonderful use cases of Bitcoin micro-payments come to life. You can order a Coke, feed chickens, dispense candy, and even play roulette or Pokf Bitcoin. äàëüøå »
2019-3-23 19:30
PSA: MetaMask reveals your Ethereum address to sites you visit, here’s how to hide it
There’s a setting that popular Ethereum service MetaMask doesn’t enable by default, and its putting users‘ privacy at risk. MetaMask works as a gateway to decentralized apps (dapps) running on Ethereum’s blockchain. äàëüøå »
2019-3-23 19:07
4,000 art auction houses are putting their sales records on the blockchain
A recent merger between a blockchain-based art registry and an international auction house sales database will see sales records from over 4,000 auction houses put on the blockchain. The art registry, Artory, has purchased Auction Club, a currently privatized database that contains information from over 4,000 international auction house sales, the Art Newspaper reports. äàëüøå »
2019-3-22 14:10
Alleged Russian boss of Bitcoin ‘money-laundering scheme’ wants to go home
Alexander Vinnik, the alleged operator of troubled cryptocurrency exchange BTC-e (who is wanted in several countries for his potential involvement in a Bitcoin fraud case) has lodged an appeal for extradition to his native Russia. äàëüøå »
2019-3-22 14:01
Bitcoin scammer boasts $760,000 payday through dark web domain squatting
A scammer is claiming to have made 200 BTC ($760,000) through ‘typosquatting’ criminal dark web sites on the Tor network, over the past four years. Typosquatting is a form of cybersquatting – basically sitting on websites under someone else’s brand – that specifically targets users who incorrectly type a website address into their web browser to lead them to a spoof site. äàëüøå »
2019-3-21 20:45
Here’s how much ‘Bitcoin Twitter’ loves presidential candidate Andrew Yang
The hype surrounding the US presidential election in 2020 is growing palpable, and one candidate, Andrew Yang, is getting significant attention from the cryptocurrency community. Yang, of the Democratic Party, is absolutely the favorite of internet memelords, but he isn’t the only one appealing to the blockchain crowd. äàëüøå »
2019-3-21 20:13
Switzerland inches closer to cryptocurrency regulation
Switzerland is getting closer to regulating cryptocurrencies. The Swiss Federal Assembly, the body tasked with handling government legislation in the country, yesterday approved a motion requesting the Federal Council regulate cryptocurrencies. äàëüøå »
2019-3-21 18:54
Cryptocurrency scammer pleads guilty in $4M fraud case
AriseBank CEO Jared Rice, who faced 120 years in prison for defrauding investors of $4 million in a cryptocurrency scam, has pleaded guilty. The cryptopreneur plead guilty yesterday morning after standing in front of judges in Texas, local outlet Dallas News reports. äàëüøå »
2019-3-21 17:54
Here’s the difference between ICOs and IEOs
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. People have been hailing security token offerings (STO) as the next initial coin offering (ICO), but there is momentum growing for a new type of blockchain-based fundraising. äàëüøå »
2019-3-21 17:01
Mt. Gox readies to pay back creditors five years after hack
Troubled cryptocurrency exchange Mt. Gox is finally inching closer to settling its debt with creditors, some five years after it was hacked. According to new documents published by Mt. Gox‘s trustee Nobuaki Kobayashi (aka Tokyo Whale, as he’s known in cryptocurrency circles), a decision has been made with regards to creditor’s claims – they’ve been approved or disapproved – and the Tokyo District Court has been notified. äàëüøå »
2019-3-21 15:32
PSA: Don’t use this fake Wasabi wallet to ‘store’ your Bitcoin
Watch out! Wasabi, the popular anonymizing Bitcoin wallet, has been been duped in an apparent bid to steal your Bitcoin — and the ruse comes complete with an entirely phony website. Wasabi’s co-founder, nopara73, shared the discovery this morning: “The first malware that pretends to be Wasabi […]. äàëüøå »
2019-3-21 14:34
Facebook is hiring a lead for its blockchain counsel
It seems Facebook isn’t content with its 50-strong team dedicated to building its proprietary cryptocurrency, as it’s now looking to hire someone for its blockchain counsel. The social media giant is looking for a “lead commercial counsel, Blockchain” based at their Menlo Park, California headquarters. äàëüøå »
2019-3-21 12:51
Twitter CEO Jack Dorsey says he will pay you to work on Bitcoin full-time
Twitter CEO Jack Dorsey has made an offering to the cryptocurrency community: he will pay developers to work full-time on Bitcoin Core and other “cryptocurrency ecosystem” projects. Are you currently contributing to bitcoin-core or other crypto ecosystem projects for free in your off-time? We’d like to pay you to do it full-time. äàëüøå »