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Malaysian Electricity Authority Nab Illegal Bitcoin Miners
Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019. дальше »
2019-8-9 17:00 | |
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Unikrn Wallet Adds Support for More Cryptos Including Bitcoin and TRON
Unikrn, a leading esports betting platform powered by blockchain technology, has launched the Unikrn Wallet 2. 0 with support for a vast array of cryptocurrencies including bitcoin (BTC), tron (TRX), ether (ETH) and a host of others. дальше »
2019-8-8 15:00 | |
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Binance Offers Details on Protocol and Economics of New IEO – Perlin (PERL)
Binance Research has published a detailed report on the newest addition to their Launchpad. Perlin is a decentralized protocol that utilizes the Proof of Stake (PoS) consensus protocol to offer high throughput and zero-confirmation transactions. дальше »
2019-8-8 13:00 | |
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Standard Chartered Bank Issues First DLT-Powered Letter of Credit
In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More. дальше »
2019-8-8 13:00 | |
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Bitcoin and Ether Market Update: August 08, 2019
Total crypto market cap added $17. 7 billion to its value since Monday, August 5 and now stands at $308. 9 billion. Top ten coins are mostly flat for the last 24 hours with Binance Coin (BNB) and Monero (XMR) being the best performers with 9. дальше »
2019-8-8 10:30 | |
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Bitcoin Exchanges in South Korea to come Under Direct FSC Regulatory Purview
Reports from media sources in South Korea say the country’s top financial regulator plans to directly oversee the regulation of local Bitcoin exchanges, August 7, 2019. This move likely includes the creation of registration and licensing requirements for South Korean crypto bourses. дальше »
2019-8-8 09:00 | |
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Binance Refutes KYC Hack Allegations
Binance has confirmed that an unidentified entity has contacted them claiming to have Binance KYC data and demanding 300 BTC in return for not leaking it online. The case is still being investigated internally, but since the exchange has decided not to cooperate with the entity, they began sending this data to media outlets, AugustRead MoreRead More. дальше »
2019-8-8 01:00 | |
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Canadian Bitcoiner Scams the Scammer, Donates Proceeds to Bitcoin Venezuela
Ben Perrin, a Calgary-based bitcoin enthusiast who runs an educational YouTube channel dedicated to enlightening the masses on all things cryptos, has succeeded in beating scammers in their own game and he’s donated the proceeds to Bitcoin Venezuela, a platform that helps Venezuelans buy groceries with cryptos, reports CBC on August 7, 2019. дальше »
2019-8-8 23:00 | |
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Dubai: Five Major Insurers Adopt Blockchain-Based InsurTech Solution
According to a press release dated August 7, UAE-based InsurTech company Addenda is adding five more insurance companies to its customer portfolio. The firm hosts a platform that allows insurers to manage claims and other insurance processes via the blockchain. дальше »
2019-8-8 21:00 | |
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Capital Flight from China Causing Bitcoin’s Pump: Kyle Bass
Well known fund manager of Hayman Capital Management, Kyle Bass, believes that the current run-up in Bitcoin is has been caused by global trade tension, Yuan devaluation, and capital leaving China. In an interview with Yahoo, Kyle emphasized that while capital is leaving China through gold and Bitcoin, the rising market will be cut short byRead MoreRead More. дальше »
2019-8-8 19:00 | |
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VeChain (VET) Helping China Eliminate Counterfeit Wines
VeChain Tor (VET), a leading distributed ledger technology (DLT) project has successfully on-boarded a new partner in its wine traceability platform (WTP) developed in collaboration with China’s Direct Imported GoodsCo. дальше »
2019-8-8 17:00 | |
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Kik Launches Scathing Rebuttal at SEC
The messaging app has filed a countersuit against the SEC, claiming the agency has deliberately twisted facts to make it seem like Kik had not complied with necessary regulations. The SEC launched an investigation into Kik and came to the conclusion that their token, Kin, was a security but did not comply with securities regulations. дальше »
2019-8-8 15:00 | |
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Industry Insider Believes Bitcoin is a Speculators Haven
Marcus Swanepoel, CEO of Luno, believes that contrary to the prevailing view that Bitcoin is a safe haven asset, it is actually just a speculative asset that offers irrational returns as well risk. Luna is a cryptocurrency exchange in the United Kingdom that raised funding from the likes of Naspers and Digital Currency Group, asRead MoreRead More. дальше »
2019-8-7 13:00 | |
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Data Privacy Regulators Request More Information on Libra Cryptocurrency
Data protection regulatory agencies from around the world have joined the growing list of those who wish to examine and investigate Facebook’s cryptocurrency project. According to a joint press release on August 6, 2019, the information provided by Facebook isn’t transparent enough and request that the company provide robust information regarding data privacy protection. дальше »
2019-8-7 11:45 | |
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South Korea: Strict Cryptocurrency Regulations Might Scupper Blockchain Busan “Safe Habor”
South Korea’s tough cryptocurrency regulations might hamper the city of Busan from successfully having a regulatory-free zone for blockchain and cryptocurrencies, according to a report by Korea ITTimes on August 6, 2019. дальше »
2019-8-7 09:00 | |
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Maltese Bitcoin Miner Wins Lawsuit Against Mining Equipment Seller
Malta’s Consumer Claims Tribunal (MCCAA) has ordered Dario Azzopardi, a retailer of Bitcoin mining machines to refund $2,239 (€2,000) to a client who claimed that the machine they had purchased from the firm generates a lot of noise and massively consumes electricity, reports Malta Today on August 6, 2019. дальше »
2019-8-7 05:00 | |
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Crypto Firm BlockFi Raises $18.3 Million in Latest Funding Round
In a press release issued on August 6, 2019, cryptocurrency management firm BlockFi announced that it had raised $18. 3 million in a Series A funding round. Per sources in the know, the venture round was led by Valar Ventures and saw participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, and Morgan Creek, amongRead MoreRead More. дальше »
2019-8-7 01:00 | |
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IBM Announces DLT-Based Supply Chain Solution with Several Companies
IBM is partnering with other companies to roll-out a massive blockchain-based program that will improve the supply chain management of 4,000 North American companies. Improved trackability, smaller administrative costs and less risk of fraud are the main benefits provided by the new blockchain-based solution. дальше »
2019-8-7 21:00 | |
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Bitcoin Aversion by Israeli Banks Hindering Crypto tax Payments
Israeli media sources say bitcoin traders in the country are finding it difficult to pay taxes as banks continue to refuse crypto deposits, August 6, 2019. Banks in many countries refuse to accept deposits from crypto-related activities based on fears of money laundering and other illicit financial activities. дальше »
2019-8-7 19:00 | |
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United Nations Report Indicates that North Korea’s Nuclear Weapons were Funded by Cyber Attacks
A privileged United Nations report confirms what everybody was suspecting so far: North Korea has been funding their nuclear program through orchestrated cyber-attacks from hacker groups set up and funded by the government. дальше »
2019-8-6 17:00 | |
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The U.S. Federal Reserve to Launch Real-Time Payments System
In a bid to make it possible for financial institutions under its purview to facilitate real-time, round-the-clock payments, the United States Federal Reserve, the nation’s central bank, has announced plans to launch its new payment and settlement service called FedNow, according to a press release on August 5, 2019. дальше »
2019-8-6 16:48 | |
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Israel’s Orbs Blockchain Project Dragged to Court for Fraud
Founders of the Orbs distributed ledger technology (DLT) project, Uriel and Daniel Peled have been sued by Elad Arad, a former partner of the duo in a failed joint venture called CoinTree Capital. Arad claims Uriel and Peled used the resources of CoinTree Capital to launch new crypto startups while also unlawfully dispossessing him ofRead MoreRead More. дальше »
2019-8-6 15:29 | |
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How to Reach decentralization?
Decentralization in our daily life covers different areas of the vital activities, from politics to economics and technology. In this way, the allocation of control and authority is carried out and the information and power are not concentrated in one place. дальше »
2019-8-6 15:00 | |
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Coinbase Considering to Support a Broad Range of Fresh Cryptocurrencies
As per an announcement on their blog, Coinbase is exploring the possibility of listing new digital assets on its exchange. The assets include successful Binance Initial Exchange Offerings (IEOs), namely Harmony (ONE), Matic Network, and Algorand amongst others. дальше »
2019-8-6 11:12 | |
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Calvin Ayre’s Bitcoin SV Sponsors Pool Premier League
Bitcoin SV (BSV), the altcoin operated by Craig Wright, one of the most controversial personalities in the cryptoverse, has announced that the International Professional Pool Association (IPA) has agreed to a sponsorship package with Calvin Ayre, a BSV promoter in a bid to facilitate the upcoming Bitcoin SV Pool Premier League live on FreeSports. дальше »
2019-8-6 11:00 | |
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Justin Sun Announces Tron Scalability Solution, the “Sun Network”
Tron’s scalability solution titled the “Sun Network” will release version 1. 0 on August 10, 2019. The solution would improve Tron’s scalability allowing developers to create side chains and cross-chain communication. дальше »
2019-8-6 09:00 | |
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Around The Block With Jeff And Dave – August 6, 2019
Find out the latest in Bitcoin news. IRAN BAN BITCOIN, Roger Ver QUITS Bitcoin. Com as they launch an Exchange;, Cryptocurrency mining firm ORDERED to refund its investors, more Americans are buying Bitcoin than ever before with $365m+ in Q1. дальше »
2019-8-6 01:56 | |
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Thai Financial Watchdog Declares war on Crypto-Fueled Money Laundering
Pol Maj Gen Preecha Charoensahayanon, the acting secretary-general of Thailand’s Anti-Money Laundering Office (AMLO) believes Bitcoin and altcoins are a serious threat to the agency. As such, AMLO has pledged to prioritize the discovery of new hideouts for illegally obtained fiat converted to cryptoassets, according to a Bangkok Post report on August 5, 2019. дальше »
2019-8-6 01:00 | |
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SEC’s “Crypto Mom” Eager to Offer Regulated Platform for the Sale and Issuance of Tokens and Cryptocurrencies
At the Convergence Forum held at the Singapore University of Social Sciences (SUSS), the SEC Commissioner, Hester Peirce, declared her desire to offer a non-exclusive safe harbor for the exchange of tokens and coins. дальше »
2019-8-6 23:00 | |
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Cashless Transaction Volumes Reach new Highs, Global ATM Machines Decline
The growth of fintech’s market share is putting real pressure on traditional banks to revise their business model. Cashless transactions are witnessing new all-time highs while banks cut down on ATM units and local branches. дальше »
2019-8-5 21:00 | |
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Volvo Leverages Blockchain to Tackle Conflict and Child Labour in the Cobalt Supply Chain
Volvo, one of the world’s foremost car manufactures, has adopted blockchain technology in a humanitarian manner. As per an article posted by The Business Times, August 5, 2019, the carmaker is using the tech to monitor the supply of cobalt coming from the Democratic Republic of Congo, as to assure investors and customers that they’reRead MoreRead More. дальше »
2019-8-5 19:00 | |
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New CFTC Chair Believes Blockchain Technology Holds Great Promise
The incoming head of U. S. Commodity Futures Trading Commission (CFTC) has highlighted the importance of blockchain as an emerging technology, reports Fox Business. With commentators taking issue with the patchwork of cryptocurrency regulations in the country, the new CFTC chief assures that his department will look into crafting laws that support the industry. дальше »
2019-8-5 17:00 | |
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Iranian Government Implements Cryptocurrency Rules
Iranian authorities have implemented new regulations to govern all cryptocurrency-related activities in the state. The new law stipulates that all crypto-related transactions in the region remain illegal and cryptocurrency miners are required to obtain the relevant licenses while also operating in compliance with other guidelines, reports PressTV on August 5, 2019. дальше »
2019-8-5 15:00 | |
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Bitcoin, Ether, and XRP Weekly Market Update August 5, 2019
The total crypto market cap added $39 billion to its value during the last seven days and now stands at $306 billion. The top 10 currencies are all in green for the same time frame with Bitcoin (BTC) gaining 21 percent while Bitcoin Cash (BCH) added 11 percent to its market cap. дальше »
2019-8-5 13:00 | |
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Litecoin Halving: What to Expect in the Coming Weeks
The Litecoin block reward halving is a matter of hours away and volatility around the cryptocurrency could ignite as a result. Some believe that the halving is already priced in, while some believe it isn’t possible for it to reflect on the market price so early. дальше »
2019-8-5 11:00 | |
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Texas: Blockchain Identity Platform Receives Funding to Connect Homeless with Social and Health Services
The city of Austin, Texas, received a grant from the Robert Wood Johnson Foundation in order to explore the benefits of a blockchain identity platform for homelessness. This according to a press release published August 2, 2019 on Govtech. дальше »
2019-8-5 23:00 | |
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Cryptocurrency Mining Firm Ordered to Return Investors Money
The Texas Securities Commissioner has ordered AWS Mining, a mining firm operating in the state, to repay their investors any money they had put into mining contracts. In Texas, the state securities regulators went on a statewide crackdown of illegitimate cryptocurrency businesses that were soliciting investors from Texas. дальше »
2019-8-4 13:19 | |
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Facebook’s Libra Could Undermine Sovereign Currencies According to Former Bank of Japan Exec
A former employee of the Bank of Japan (BoJ) believes that Facebook’s Libra may threaten the impact of local monetary policies. Libra may reduce the overall effectiveness of monetary policies as well as weaken emerging markets currencies. дальше »
2019-8-4 23:00 | |
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Americans Buying more Bitcoin Every Quarter Since Q1 2018
Bitcoin is becoming increasingly popular in the U. S. with an observable quarterly increase in BTC sales in the country. This trend is despite a year-long bear market that characterized all of 2018. дальше »
2019-8-3 11:00 | |
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Cryptocurrency and Blockchain Regulations Clarified in Rocky Mountain U.S. States
In a bid to provide regulatory clarity to issuers and buyers of distributed ledger technology (DLT) based virtual currencies in the area, Wyoming, Colorado, and Montana states have taken the bold step to draft bills pertaining to the use of bitcoin and altcoins, reports Natlawreview on August 1, 2019 The Pro-Crypto Trio Per sources closeRead MoreRead More. дальше »
2019-8-3 01:00 | |
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Donald Trump’s Tariffs on China may be Boosting Bitcoin’s Value
U. S. President Donald Trump announced on Thursday that almost all goods imported from China will be subject to an additional 10 percent tariff. This escalates further the trade war between Washington and Beijing, threating the global economic outlook. дальше »
2019-8-3 21:00 | |
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Disclosure of Domestic Cryptocurrency Transactions in Brazil are now Compulsory
Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities. дальше »
2019-8-2 17:00 | |
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Cryptocurrency and Blockchain Startups Funded by LongHash After Incubation Progam
LongHash, a blockchain incubator backed by the government of Singapore, has reported that the five startups had raised $9. 7 million after a 12-week stint in their accelerator. The startups are tackling a variety of issues from biometric key management to a wallet that allows companies to build and launch applications around a tokenized asset, asRead MoreRead More. дальше »
2019-8-2 15:00 | |
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Square Q2 Earnings: Bitcoin Gamble Paying Off, Specific Revenue Jumps
Payments firm Square announced a $125 million in revenue from Bitcoin through its mobile payments service, CashApp. Square entered the crypto space, much to the dismay of traditional players, and have established themselves as a strong brand capable of understanding consumer needs. дальше »
2019-8-2 11:00 | |
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