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UK ad watchdog scorns BitMEX over Bitcoin’s 10th birthday ‘celebration’
The UK‘s advertising watchdog has upheld its complaint about a Bitcoin newspaper ad from cryptocurrency derivatives exchange BitMEX. The Advertising Standards Authority (ASA) explained in a blog post that it took issue with an ad published on January 3, 2019, depicting a graph of Bitcoin‘s price performance. äàëüøå »
2019-8-14 14:51
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Coinbase and Barclays split up – but the cryptocurrency exchange already has a new banking bae
Just days after Coinbase announced the removal of support for Zcash for UK customers, reports suggest the cryptocurrency exchange is parting ways with banking mainstay Barclays. Sources familiar with the matter told CoinDesk that Barclays is no longer working with Coinbase. äàëüøå »
2019-8-14 11:39
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Another chunk of the Bitcoin stolen from Bitfinex has mysteriously moved
Another chunk of the 119,756 BitcoinBTC (351,015 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallet Tx: https://t. co/ipfik2Tpd2 — Whale Alert (@whale_alert) August 12, 2019 In 2016, hackers succeeded in stealing 119,756 BTC from seminal cryptocurrency exchange Bitfinex. äàëüøå »
2019-8-13 18:44
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Cryptocurrency scammers conned Australians out of $14.8M in just 7 months
Cryptocurrency investment scams in Australia cost victims a record $14. 76 million between January and July this year. That’s according to the Australian Competition and Consumer Commission (ACCC). äàëüøå »
2019-8-13 15:40
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SEC takes action against financial charlatan who operated a $14M fraudulent ICO
The United States Securities and Exchange Commission (SEC) is taking action against a New York-based individual in an attempt to safeguard investor funds that were raised through an allegedly fraudulent initial coin offering (ICO). äàëüøå »
2019-8-13 15:34
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Poloniex to repay $18M worth of Bitcoin lost in margin trade flash crash with trading fees
Cryptocurrency exchange Poloniex has announced a new scheme to reimburse users affected by an unexpected “flash crash” that saw 1,800 BTC ($20 million) wiped from its margin trading lending pool in May. äàëüøå »
2019-8-13 13:40
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South Korea takes the brunt of North Korea’s cryptocurrency cyberattacks
A United Nations (UN) report has disclosed how the intergovernmental organization is investigating at least 35 cyberattacks led by North Korea, South China Morning Post reports. The attacks include cryptocurrency exchange hacks and crypto-jacking campaigns. äàëüøå »
2019-8-13 12:08
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Researchers hacked a Canon DSLR with Bitcoin demanding ransomware
Bitcoin demanding ransomware knows no bounds, and the latest potential victim? DSLR cameras. A group of security researchers have managed to exploit vulnerabilities in a Canon EOS 80D digital camera to hold its owner’s photos to a Bitcoin ransom, The Inquirer reports. äàëüøå »
2019-8-12 16:59
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New Zealand greenlights Bitcoin salary regulation – but it’s still a bad idea
New Zealand‘s tax authorities have deemed it legal for companies to pay its employees in Bitcoin and other cryptocurrencies. Companies will also be able to deduct income taxes using current PAYE (pay as you earn) frameworks under the Income Tax Act 2007. äàëüøå »
2019-8-12 14:02
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UK dark web dealers get more than 20 years for selling cocaine for Bitcoin
Three men in the UK have been sentenced to prison for operating ch then got in touch with UK police. The men were caught after detectives matched the DNA of one of the individuals to packaging containing drugs. äàëüøå »
2019-8-12 13:26
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Moonday Mornings: IBM wants to put your browser history on the blockchain, forever
Welcome to another Moonday Mornings. Let’s waste no time and take a look at the weekend’s cryptocurrency and blockchain headlines you can’t afford to miss. 1. Cryptocurrency traders in Israel are facing a sticky situation. äàëüøå »
2019-8-12 11:29
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Researchers uncover a new piece of RAT malware that targets cryptocurrency users
Researchers at Zscaler ThreatLabZ have identified a new remote-access trojan (RAT) called Saefko, which retrieves Chrome browser history in a search for cryptocurrency-related activity The RAT, written in . äàëüøå »
2019-8-9 18:04
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15 nations are reportedly banding together to monitor suspect cryptocurrency transfers
Some 15 countries, including Australia and Singapore, are reportedly banding together to create a data collection and sharing system on individuals carrying out cryptocurrency transactions. According to Nikkei, the common goal would be to prevent funds from being laundered or used to finance terrorist organizations. äàëüøå »
2019-8-9 16:22
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Blockstream takes on Bitmain with new Bitcoin mining centers (and it’s already getting flak)
Blockstream, the blockchain infrastructure firm that sent a Bitcoin satellite into space, has entered the cryptocurrency mining space. The company revealed details about its Bitcoin mining data centers in Quebec, Canada and Adel, Georgia earlier this week. äàëüøå »
2019-8-9 14:40
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Texas regulator goes after cryptocurrency firm promising 900% returns in 2 weeks
Regulators in Texas have filed a cease and desist order against a New York-based cryptocurrency business promising a 900-percent return on investment in just two weeks. Forex and Bitcoin Trader, which was advertising on Craiglist Dallas, reportedly deals in cryptocurrency investments, commodity-based derivatives, and foreign currency trading. äàëüøå »
2019-8-9 12:51
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Report: Cryptocurrency businesses must register with Czech regulator or face $560K fine
Cryptocurrency companies operating in the Czech Republic will reportedly be subject to greater control by the government, a local newspaper says. According toaximum fine of approximately $560,000 (500,000ˆ) on cryptocurrency businesses which fail to register with the country’s Trade Licensing Office. äàëüøå »
2019-8-8 16:12
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5 charged in connection with $2.7M Australian cryptocurrency scam
Australian police have charged five people in connection with a protracted cold call cryptocurrency investment scam that tricked more than 100 victims into losing $2. 7 million. The scam, which operated from Australia‘s Gold Coast, was busted as part of ‘Operation Quebec Walnut. äàëüøå »
2019-8-8 14:21
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Web advertising 5 times more profitable than crypto-jacking, research says
When cryptocurrencies were soaring in value in late 2017 to early 2018, crypto-jacking was all the rage with opportunistic hackers. Thankfully, it’s not been quite as popular in recent times, and recent findings might make it even less so. äàëüøå »
2019-8-8 13:20
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US state regulator slaps ‘fraudulent’ ICOs with cease and desist orders
A US state regulator is cracking down on two New Jersey-based initial coin offerings (ICO) offering “fraudulent unregistered securities. ” The Bureau of Securities issued emergency cease and desist orders as part of “Operation Cryptosweep” – an international crackdown on fraudulent ICOs and cryptocurrency-related investment schemes – against Zoptax LLC (also known as Zoptax) and Unocall. äàëüøå »
2019-8-8 11:34
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Yet another reason to dislike Tether: 300 addresses hold 80% of the ‘stablecoin’
Infamous stablecoin and pseudo currency Tether (USDT) doesn’t exactly have the cleanest of rap sheets, and if you needed another reason not to trust it, keep reading. According to recent findings from cryptocurrency researchers at Coin Metrics, around 300 entities hold about 80 percent of the Tether currently in circulation, Bloomberg reports. äàëüøå »
2019-8-8 11:30
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Coinbase faces negligence suit after mishandling its launch of Bitcoin Cash
Long-standing cryptocurrency exchange Coinbase will face a negligence lawsuit after allegedly mismanaging the launch of Bitcoin Cash on its platform, a judge has ruled. However, court documents released on Tuesday show that US District Judge Vince Chhabria threw fraud and unfair competition charges relating to the case. äàëüøå »
2019-8-8 15:57
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Amazon hints at putting advertising data on a new blockchain
Internet retail giant Amazon is looking for a software engineer to put advertising data on the blockchain, according to a recent job posting on LinkedIn. The online retailer is looking for a senior software engineer to work in its “Advertising FinTech team focused on a blockchain ledger,” the job listing reads. äàëüøå »
2019-8-7 11:26
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US couple must forfeit their cryptocurrency riches after being caught running dark web drug ring
A California-based couple will have to forfeit their cryptocurrency riches after pleading guilty to running a dark web drug operation ring. Jabari Monson, 32, of Merced, California pleaded guilty to conspiring to distribute controlled substances. äàëüøå »
2019-8-7 11:04
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Facebook, stop trying to make Libra happen
Just when we thought Facebook’s Libra couldn’t be subject to any more scrutiny, it turns out that data protection bosses from all over the world have banded together to share concerns about the ‘cryptocurrency’s’ potential privacy risks. äàëüøå »
2019-8-6 14:49
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This cryptocurrency stealing malware was blocked more than 360,000 times over the past year
As long as cryptocurrency has value, people will try to steal it. According to the latest figures from cybersecurity firm Avast, a cryptocurrency stealing malware has been blocked more than 360,000 times by its software. äàëüøå »
2019-8-6 14:47
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Iran further solidifies stance on cryptocurrency mining, but says trading is ‘unlawful’
Iran‘s government has put an end to months of speculation by ratifying a bill that acknowledges that cryptocurrency mining is a legitimate industry. But another recent bill has thrown a spanner in the works as Iran is still refusing to recognize cryptocurrency trading as lawful. äàëüøå »
2019-8-5 14:53
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Moonday Mornings: Apple says no to cryptocurrency, Mastercard says yes to blockchain
Good morning! It’s the first day of a new week so you know what that means. It’s time for Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Take a look. 1. Owners of Apple’s hotly anticipated credit card will not be able to buy cryptocurrency with it, Reuters reports. äàëüøå »
2019-8-5 11:46
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This blockchain-themed maths puzzle can earn you a share of $100,000
There’s a (supposed) problem with blockchain: it’s too resource-intensive, so Amazon Web Services (AWS) has backed a $100,000 maths competition to “forever change” the technology. Given 1024-bit input x, compute the verifiable delay function ‘h=x^(2^t) mod N’ as fast as possible. äàëüøå »
2019-8-3 22:13
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Dogecoin’s 60% growth over Q2 proves it should be taken seriously – here’s what happened
Dogecoin has been in development since 2013. Its original creators, Billy Markus and Jackson Palmer, wanted to create a cryptocurrency that wasn’t as stuffy or boring as Bitcoin. They wanted to create a digital coin that was fun, in the hope that it would appeal to a much broader audience than conventional cryptocurrencies like Bitcoin. äàëüøå »
2019-8-2 16:44
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There’s now a cryptoart lottery using Bitcoin blockchain to pick a winner — and it’s brilliant
We’ve heard about auctions using blockchain to record sales of expensive works of art. We’ve seen the abstract musings of the cryptoart world, too. But what about a cryptoart charity auction that’s using blockchain to pick the winner? Well, an initiative being run by a trio of firms including cryptocurrency swap exchange service ChangeAngel, crypto-clothing store CryptoBantam, and cryptoartist Trevor Jones, is doing just that. äàëüøå »
2019-8-2 11:27
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SpankChain launches SpankPay so users can pay for porn with Bitcoin
Adult content platform SpankChain has launched SpankPay, a cryptocurrency payments platform. As a result, customers will now be able to pay using several cryptocurrencies including Bitcoin, Ethereum, and Litecoin. äàëüøå »
2019-8-1 17:07
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Binance Coin did great in Q2 despite $40M exchange hack – here’s what happened
Binance Coin (BNB) is one of the newest cryptocurrencies on the block. It comes from one of the world’s largest virtual currency exchanges of the same name, Binance. The token launched in July 2017 as an ERC20 token based on the Ethereum blockchain, raising over $15 million in an initial coin offering (ICO). äàëüøå »
2019-8-1 14:34
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QuadrigaCX’s auditor EY and its lawyers will get $1.6M while victims are kept waiting
A judge in Canada has approved over $1. 6 million in fees for businesses seeking to recover funds lost as a result of QuadrigaCX’s demise. In a legal notice published yesterday, Nova Scotia Supreme Court Judge Darlene Jamieson said: “There being no expressed opposition to the activities and accounts as presented by the monitor nor to the fees of its legal counsel, I approve the fees and activities of the monitor during the CCAA proceedings and the fees presented towards legal counsel. äàëüøå »
2019-8-1 14:12
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85% of the world’s Bitcoin has been mined
Sound the alarm, bang the gong, yodel down an Austrian valley; as of yesterday over 85-percent of the total Bitcoin supply has been mined. But seriously, there’s no need to worry. According to various Bitcoin blockchain explorers and market information websites, over 17,850,000 Bitcoin (17,850,600 according to CoinMarketCap) have been mined and are classed as being “in circulation. äàëüøå »
2019-8-1 12:39
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UK judge slams Craig Wright’s defamation case against Roger Ver
A UK judge has dismissed a defamation case filed by Craig Steven Wright, Bitcoin‘s self-proclaimed creator, against Bitcoin Cash advocate Roger Ver. The case was thrown out of court on grounds that it was “weak,” “lacking in detail,” and “inappropriate. äàëüøå »
2019-7-31 18:39
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Bitcoiners are predicting the future of blockchain with #TheYearIs2030
The year is still 2019, but Twitter‘s Bitcoin community is looking to the future. Tons of Bitcoiners are sharing their predictions for the cryptocurrency and the blockchain industry 11 years from now with the hashtag #TheYearIs2030. äàëüøå »
2019-7-31 16:21
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UK financial watchdog finally decides which cryptocurrencies it wants to regulate
The Financial Conduct Authority (FCA), the regulatory body tasked with overseeing the country’s financial markets, has clarified its stance on crypto assets, stating which tokens it’s responsible for. äàëüøå »
2019-7-31 16:12
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‘Crypto-Twitter’ really wants a Satoshi symbol — but nobody can agree on one
The Bitcoin currency symbol or glyph ( discussing the need for a “Satoshi” symbol for some time. Twitter user BitFicus has been campaigning for one symbol for over a year. Five months ago, they compiled their idea into a bundle of assets and published a GitHub… This story continues at The Next WebOr just read more coverage about: Twitter äàëüøå »
2019-7-31 12:53
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Mark Karpel
Mark Karpelrity bugs in the system but did…
This story continues at The Next Web äàëüøå »
2019-7-30 17:52
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Opportunistic hackers delete files from Iomega network drives, demand Bitcoin ransom
Nefarious hackers are wiping files on publicly accessible storage devices and leaving just a Bitcoin ransom note behind. According to users on the BleepingComputer forums, files on their Lenovo Iomega NAS (network attached storage) devices are allegedly being deleted or hidden. äàëüøå »
2019-7-30 12:04
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Bitcoin has record-breaking Q2, network health at all time high – here’s what happened
Bitcoin, the cryptocurrency that started it all. It first entered the wild ten years ago after its pseudonymous creator Satoshi Nakamoto released the eponymous white paper and got the world thinking about decentralized digital cash. äàëüøå »
2019-7-30 09:41
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Bitcoin whale moves $468 million crypto-fortune for less than $400
A cryptocurrency whale has moved a groin-thumping Bitcoin fortune worth $468. 5 million — and they paid just a few hundred bucks for the pleasure. 49,756 #BTC (468,491,827 USD) transferred from unknown wallet to unknown wallet Tx: https://t. äàëüøå »
2019-7-29 17:33
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Fentanyl dealer to forfeit $4M in Bitcoin and quadrillions of bank notes
A dark web kingpin has forfeited $4 million, including Bitcoin and 100 quadrillion Zimbabwe bank notes after selling drugs to an undercover cop via encrypted email. Richard Castro, of Windermere (Florida), pled guilty to one count of conspiracy to distribute and possess with the intent to distribute three controlled substances – carfentanil, phenyl fentanyl, and fentanyl. äàëüøå »
2019-7-29 12:38
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Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M
Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their cryptocurrency holdings and pay their taxes, Coindesk reports. äàëüøå »
2019-7-29 10:55
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Silk Road site admin extradited to US hit with 78-month prison sentence
Irish man Gary Davis, also known as “Libertas,” has been sentenced to 78 months in prison for helping to run the now defunct Silk Road website on the dark web. The Irish national, who was extradited to the US in July last year, was arrested in January 2014. äàëüøå »
2019-7-26 17:35
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Bagel-loving 84-year-old lady foils sextortionists’ $1,400 Bitcoin con
An 84-year-old woman in the US has been targeted by Bitcoin sextortionists after she signed up to Panera, a well-known restaurant brand in the US, to get a free bagel for her birthday. Arlene Kaganove told NBC 5 she had applied for a “MyPanera” reward card to get a free everything bagel on her next birthday. äàëüøå »
2019-7-26 15:52
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Security firm releases flawed blockchain into the wild to help educate hackers
Despite their supposed security, there are still many exploitable vulnerabilities that can compromise a blockchain. But one security firm thinks it can fix that, and it believes the key to developing more secure blockchains is to start with a really insecure one. äàëüøå »
2019-7-26 15:38
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This scammer allegedly stole $7 million from businesses that just wanted to buy Bitcoin
The US Federal Bureau of Investigation (FBI) has indicted a Pennsylvanian man for allegedly defrauding $7 million from prospective Bitcoin investors through an effectively fake “escrow” service. äàëüøå »
2019-7-26 15:23
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Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report
Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies. äàëüøå »
2019-7-26 14:02
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FBI suspects tea company that ‘pivoted’ to blockchain of insider trading
Long Island Tea Corp was one of those companies that randomly added the word “blockchain” to the name of their business to seem cool (and maybe bump up its stock) – but it appears its name change may be more sinister than first thought. äàëüøå »
2019-7-26 12:48
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