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20 Year Old College Student Steals $5 Million in Bitcoin By Hacking Phone Numbers
A hacker allegedly stole over $5 million in bitcoin by hijacking phone numbers and demanding ransoms. According to authorities in California, a 20-year old college student hijacked more than 40 phone numbers and stole millions of dollars’ worth of bitcoin. дальше »
2018-7-31 08:49 | |
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An Australian Blockchain Experiment: Tracking Global Almond Shipments
Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain. дальше »
2018-7-31 23:13 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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Reasons Why U.S. Authorities Are Challenged to Legalize Bitcoin Casino Transactions
Bitcoin gambling sites are quickly gaining popularity for a few different reasons. For instance, the development of provably fair algorithms has made it possible for players to ensure that games are not rigged. дальше »
2018-7-30 13:59 | |
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Dutch Authorities Slap Bitcoin Ransomware Creators with 240 Hours Community Service
Two malicious coders who orchestrated a ransomware attack on 1,259 computers demanding bitcoin back in 2015 have finally been sentenced to 240 hours of community service by a Rotterdam court, according to a local news source NU on July 26, 2018. дальше »
2018-7-29 09:00 | |
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A Chinese Vaccination Blockchain Firm Faces Stiff Action From Authorities
Falsifying production data for rabies vaccines recently landed drug producer Changchung Changsheng in hot waters as it has been charged by the State Drug Administration (SDA), which sparked a countrywide outcry. дальше »
2018-7-28 15:54 | |
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Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada
In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […] The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News. дальше »
2018-7-27 03:15 | |
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Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency
As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country. дальше »
2018-7-26 16:30 | |
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Founder Of WeExchange And BitFunder Pleads Guilty To Mass Crypto Fraud
Jon Montroll, the founder of two US based cryptocurrency trading platforms has pled guilty to allegations of security fraud that has seen Montroll deceive both investors and the authorities on multiple counts, allowing him to manipulate investigations into hacks that had taken place within his platforms. дальше »
2018-7-26 16:00 | |
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How To Bypass Donald Trump’s Economic Sanctions With Crypto And Bitcoin
We all seem to forget that cryptocurrency was made for this exact reason. By using the blockchain, cryptocurrency can allow citizens to break free from economic pressure to seek liberation from sanctions. дальше »
2018-7-26 14:00 | |
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Binance Plans to Expand Into South Korea
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. дальше »
2018-7-25 00:26 | |
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China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August
It became known that local authorities of Chinese mountain region Xinjiang are going to haul illegal mining activities before summer 2018 will come to a close. The post China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August appeared first on CoinSpeaker. дальше »
2018-7-24 21:58 | |
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How Chinese Millionaires Are Still Using Bitcoin to Buy Properties Overseas
Millionaire investors in China are still utilizing significant cryptocurrencies like bitcoin and ether to purchase properties overseas, despite the crackdown on digital asset trading by the Chinese authorities. дальше »
2018-7-24 13:00 | |
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South Korea’s Crypto Regulation Shakeup: New Bureau, Agreement With China
South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. дальше »
2018-7-23 06:45 | |
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Surrey Police Seize Bitcoin Worth $1.64 Million
Police authorities accidentally discovered $1. 64 million worth of cryptocurrencies belonging to a local gangster in Surrey. The Surrey Police have become the first authority in the UK to seize and retain bitcoin in an investigation. дальше »
2018-7-22 05:00 | |
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Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments
In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the. дальше »
2018-7-22 03:00 | |
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Indian Authorities Turn to Blockchain Technology to Eliminate Corruption
Indian authorities are planning on utilizing blockchain technology to combat cases of corruption and property fraud. Amaravati city farmers and local landowners are worried that corruption is in play in the state’s land-pooling process as some have yet to receive compensation from the government for their bartered assets. дальше »
2018-7-21 14:59 | |
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Russia: Bitcoin Owners and Miners Will Not Face ‘Separate’ Tax Laws
Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov: No ‘Separate’ Treatment For Crypto Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financial markets committee at Russia’s state Duma, said there were currently no plans to draw up “separate” tax frameworks solely for cryptocurrency. дальше »
2018-7-19 01:00 | |
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HTC Says Blockchain Phone Exodus Will Be Released Later This Year
Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives. дальше »
2018-7-18 19:47 | |
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Bitcoin Payments Processor BitPay Granted BitLicense
After being criticized by the bitcoin community for its overly draconian nature, it appears the New York authorities are now ready for serious business. U. S. -based bitcoin payments processor BitPay has been granted the BitLicense, making it the eighth cryptocurrency related business to gain the New York Department of Financial Services (NYDFS) approval in three years. дальше »
2018-7-18 14:00 | |
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Coinsmart Launches Cryptocurrency Exchange for Canadian Tax Payers
With the international regulatory drive to tackle tax evasion by cryptocurrency users, combined with a lack of clear guidance from authorities in many places, everyday people are concerned about handling reporting themselves. дальше »
2018-7-18 10:15 | |
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US Ranked Top Destination for Coin Offerings, Majority of ICOs Identified as Scams
The US remains a leading destination for ICO projects according to a new study that also ranks Switzerland and Singapore in the top three. The report notes that authorities in other jurisdictions, like Russia and Estonia, are working to adopt favorable regulations in order to attract more crypto startups. дальше »
2018-7-17 15:30 | |
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Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring
On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China’s Guangdong Province. дальше »
2018-7-15 14:30 | |
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Greek court rules say that alexander vinnik will be extrdited
A Greek court has ruled to extradite the alleged former operator of crypto exchange BTC-e, Alexander Vinnik, to France, local news outlet CNN Greece reported Friday, July 13. The 39-year old Russian national Vinnik, also known colloquially as “Mr. дальше »
2018-7-15 23:52 | |
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Chinese Police Seize $1.5 Million Worth in Cryptos During FIFA Gambling Crackdown
In the city of Guangdong, the police have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. An operation involving 21 public security authorities has cracked down on organized football gambling during the ongoing football World Cup, resulting in the arrests of some 540 individuals […] дальше »
2018-7-13 21:05 | |
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Binance, Crypto Investors to Launch a Bank in Malta
Crypto exchange Binance is working on a project to launch a decentralized bank bridging the crypto industry with conventional banking. The financial institution will be based in Malta and fundraising will be conducted under German law. дальше »
2018-7-13 17:30 | |
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Chinese Yuan’s Usage in Bitcoin Transactions Falls Dramatically After Regulatory Crackdown
A report from the Chinese news agency, Xinhua, has revealed that the Chinese Yuan’s share of bitcoin transactions has fallen dramatically following the Chinese government’s decision to impose a series of bans and restrictions on cryptocurrency trading and ICO fundraising in the world’s second largest economy. дальше »
2018-7-12 11:00 | |
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China’s Share of Bitcoin Exchange Market Is Now 1 Percent Globally
There is no doubt that this demise in the Bitcoin trading is due to the continuous crackdown by the Chinese authorities on all cryptocurrency-related activities taking place in the country. China, which at one time grabbed a considerable market share of the cryptocurrency market, has now reduced to now having absolutely no dominance in it. дальше »
2018-7-11 17:21 | |
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South Korea to Legitimise the Blockchain and Cryptocurrency Industry
South Korea’s relationship with cryptocurrencies has had a tumultuous past. From the country being an important crypto market to crackdowns and imposition of strict regulations at the beginning of 2018, the authorities have frequently changed their outlook on digital currencies. дальше »
2018-7-10 13:59 | |
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Nobel Prize-Winning Columbia Professor Says US Authorities Will “Hammer” Bitcoin’s Value Down
The believers of cryptocurrencies say that the distributed ledger technology (blockchain) and digital money will cause a revolution in our lives. However, some critics of the technology see a considerably darker future ahead of us. дальше »
2018-7-10 09:45 | |
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China Separates Yuan From Bitcoin
Bitcoin trading in China is under tremendous pressure, as Chinese authorities continue to run the gauntlet into cryptocurrency trading and suspending transactions. The authorities claim the move is aimed at minimising the risks for its people. дальше »
2018-7-10 22:54 | |
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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total
Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities дальше »
2018-7-9 00:05 | |
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Dark web alleged road conspirator handed to us authorities
News Dark web alleged Silk Road conspirator, Gary Davis of Ireland, agreed recently to be extradited to the United States. Alleged Silk Road Conspirator Extradited to US A visibly upset Roger Ver, CEO of Bitcoin. дальше »
2018-7-8 12:18 | |
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Dark Web Alleged Silk Road Conspirator Handed to US Authorities
Dark web alleged Silk Road conspirator, Gary Davis of Ireland, agreed recently to be extradited to the United States. Once on US soil, he will face charges levied against him five years ago in connection with the eventual conviction of Ross Ulbricht (who prosecutors claim was the site’s mastermind). дальше »
2018-7-8 11:20 | |
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Europe’s Largest ETF Trader is Moving to Crypto; Sign of a Bitcoin ETF?
Europe’s largest trader of exchange-traded funds (ETFs) is moving into crypto in the face of criticism by Dutch Authorities, according to Bloomberg, opening the door for a Bitcoin ETF. This will lead the way for institutional money to turn the crypto market around and set new heights. дальше »
2018-7-7 11:11 | |
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The Daily: Malta Enacts Crypto Bills, Bermuda Wants New Banks, Dotcom Loses Appeal
In today’s edition of Bitcoin in Brief we cover stories from various corners of the world. In Malta the parliament has enacted three crypto bills into law, in Bermuda the authorities want to create a new type of crypto friendly banks, and in New Zealand Kim Dotcom has lost his extradition appeal. дальше »
2018-7-5 16:20 | |
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‘Intense’ Bitmain Lobbying Forcing Smaller Bitcoin Miners Out of Quebec
A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave suspecting unfair policies. ‘Very Saddened’ In a series of tweets June 28, D-Central founder Jonathan Bertrand claimed that due to conflicting interests and agendas at government level, as well as an “intense lobbying effort” from the world’s largest mining corporation Bitmain, had left smaller participants “completely stunned. дальше »
2018-7-4 17:00 | |
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BTC, IOTA, and Lumen Seized in Massive LSD Bust
The potential negative use of cryptocurrencies was once again highlighted in a recent headline-grabbing Europol operation. Dubbed as Europe’s biggest LSD bust, authorities seized hundreds of thousands of LSD doses, along with millions of dollars’ worth of cryptocurrencies. дальше »
2018-7-4 06:49 | |
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Five Nations Join Efforts to Punish Transnational Bitcoin Tax Crime
Tax enforcement authorities from five nations announced that they have created a united alliance, the Joint Chiefs of Global Tax Enforcement, known as “the J5. ” The J5 said they are committed to combating transnational tax crime “through increased enforcement collaboration,” in other words: working together to gather information, share intelligence, and conduct joint operations. дальше »
2018-7-4 06:35 | |
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International Coalition Set to Tackle Cryptocurrency Tax Crime
In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release. дальше »
2018-7-4 23:36 | |
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‘Cryptocurrencies and Precious Metals Can Co-Exist,’ Explains Ron Paul
Just recently the notorious libertarian and Austrian economist, Ron Paul, released a paper that discusses the world’s issues with central economic planning. In the report, Paul goes into vast detail on how precious metals and cryptocurrencies can co-exist in order to prevent current market monopolies from “rigging the economy. дальше »
2018-7-2 04:20 | |
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Bitcoin Hashrate Drops as China Floods Knock Out ‘Tens Of Thousands’ of Miners
Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners. Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output. дальше »
2018-7-1 19:00 | |
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European Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market
It appears that there is an international crackdown on darknet marketplaces trading cryptocurrencies for recreational drugs. Soon after American undercover agents exposed dozens of vendors, European forces conducted what Europol calls “Europe’s biggest ever LSD bust. дальше »
2018-7-1 18:25 | |
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$5 million worth Bitcoin [BTC], Stellar Lumens [XLM] and other cryptos impounded in Europe’s LSD raid
Bitcoin [BTC], IOTA [MIOTA], Stellar Lumens [XLM], worth $5 million and other cryptocurrencies along with 800,000 doses of LSD were confiscated by the authorities in Europe as a part of one of the largest drug raids of the continent. дальше »
2018-7-1 04:59 | |
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