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Ohio’s House of Representatives Passes Bill for State Operations to Leverage Blockchain Tech
Ohio’s House of Representatives recently passed a blockchain-oriented bill that might allow the use of distributed tech within its state operations, should the legislation eventually achieve law status. дальше »
2020-12-9 16:41 | |
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NYDFS To Ease Bitlicense Approval Process as the Crypto Regulation Turns Five
The New York Department of Financial Services (NYDFS) has suggested modifications to Bitlicense's issuance to make the state more crypto-friendly. This license – introduced in 2015 – is now five years old, and has dramatically impacted crypto operations in New York since its introduction. дальше »
2020-6-25 19:47 | |
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Billionaires Clash With Elon Musk in Bid to Reopen America
Elon Musk wants to reopen his California operations. He's ready to move to another state. Other billionaires don't share his sentiment. The post Billionaires Clash With Elon Musk in Bid to Reopen America appeared first on CCN.com дальше »
2020-5-11 19:12 | |
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Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. дальше »
2019-12-28 23:05 | |
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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-6 21:00 | |
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Booze and Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-8 21:00 | |
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NY attorney general reaffirms jurisdiction over iFinex, Bitfinex and Tether continued operations in New York until 2019
Recently released court filings from the New York Attorney General’s Office (NYAG) showed that Bitfinex and Tether both operated in New York from 2017 to early 2019, despite claiming they had ceased all operations in the state. дальше »
2019-7-10 21:32 | |
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Indian Call Center Scam Milks $1.7 Million in Bitcoin From US Citizens
By CCN Markets: A gang in India’s Madhya Pradesh state which scammed U. S. citizens hundreds of thousands of dollars through Bitcoin and other methods has been busted and its members arrested. The gang which ran its operations out of a call center is estimated to have made around $1. дальше »
2019-6-14 15:07 | |
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Australian Civil Servant Caught Mining Crypto With Government Hardware
The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. дальше »
2019-5-22 18:47 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Paxos Is Coming to the Ontology Blockchain
The Paxos stablecoin (PAX) will launch on the Ontology (ONT) blockchain by May 2019. Paxos, a regulated stablecoin with the approval of the New York State Department of Financial Services (NYSDFS), will enable business operations on the Ontology blockchain by eliminating the volatility associated with cryptocurrency. дальше »
2019-4-29 17:00 | |
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Bittrex vs NYDFS: Parties make contradictory statements after Bittrex denied BitLicense
The relationship between the cryptospace and the New York State Department of Financial Services has always been edgy, with some claiming that New York is hostile towards the cryptocurrency space. дальше »
2019-4-11 18:30 | |
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New York Orders Bittrex to Cease Operations but Approves Bitstamp
New York State’s financial regulator has ordered Bittrex to cease operating in the state after rejecting its application for a Bitlicense. Multiple deficiencies were cited, some of which Bittrex immediately disputed. дальше »
2019-4-11 05:30 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. дальше »
2019-4-11 23:38 | |
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[Breaking] Bitstamp Granted 19th Virtual Currency License by New York State DFS
New York State Grants BitLicense to Bitstamp To Continue Crypto Operations Operating in the United States as a cryptocurrency exchange platform is a little complicated, considering that there are some states that vary in their policies. дальше »
2019-4-9 18:03 | |
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Kraken: Former Trading Desk manager sues exchange for $1 million alleging flawed New York operations
Kraken, one of the most notable US-based cryptocurrency exchanges has found itself in legal trouble with a former employee. Jonathan Silverman, who served as a manager in the exchange’s New York office has alleged that Kraken had not paid him for his work and that the exchange tabled misinformation about their operations in the state. дальше »
2019-4-8 11:00 | |
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Binance Partners With IdentityMind for Enhanced Compliance and Security
Binance has partnered with Medici Ventures’ portfolio company IdentityMind, a risk management and regulatory-technology compliance platform, in a bid to enhance its fraud protection and compliance protocols. дальше »
2019-3-28 18:08 | |
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Cottonwood Becomes Second Cryptocurrency ATM Operator to Receive Bitlicense
U. S. -based cryptocurrency ATM operator Cottonwood Vending has been granted regulatory approval to operate in the state of New York. As such, Cottonwood has become the second cryptocurrency ATM operator to receive a Bitlicense by the New York State Department of Financial Services (NYDFS). дальше »
2019-2-1 16:15 | |
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Robinhood Gets The Nod to Operate in the State of New York
The team at Robinhood informed the crypto and investor communities that they had acquried two licences necessary for their operations in the state of New York. The commission free exchange has received a virtual currency license, also known as the BitLicense, and a money transmitter license in NY. дальше »
2019-1-25 15:43 | |
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Money Transmitter License Not Required for Crypto Businesses in Pennsylvania
On Wednesday, Jan. 23, the Pennsylvania Department of Banking and Securities (DoBS) published guidance for virtual currency businesses operating in the state. The state’s financial agency has decided a money transmission license for cryptocurrency operations is not required. дальше »
2019-1-24 21:28 | |
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NASA looks to secure flight data with blockchain tech
NASA is exploring potential use-cases for blockchain technology in a bid to safeguard the privacy and security of aircraft flight data. A research paper, published by aero-computer engineer Ronald Reisman this week, explored the viability of a blockchain network and smart contracts to overcome the aforementioned security issues. дальше »
2019-1-11 20:05 | |
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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-27 21:20 | |
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50% of Chinese Stock Exchange Companies Investigated Fail to Demonstrate Real Applications for Blockchain
According to Chinese state media, the Shanghai and Shenzhen stock exchanges have carried out investigations into 30 percent of companies listed on their exchanges that are performing operations pertaining to distributed ledger technology (DLT). дальше »
2018-12-27 18:15 | |
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State Farm Catches Blockchain Fever, Trials DLT for Auto Claims Subrogation
State Farm, a large group of United States-based insurance and financial services firms offering automobile insurance products, loans and more, has announced on December 10, 2018, that it’s testing a distributed ledger technology (DLT) based solution that could help speed up the subrogation process for auto claims. дальше »
2018-12-12 12:30 | |
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Starwood breach affecting 500M users reportedly part of a larger Chinese state-sponsored attack
Remember that massive breach of the Mariott-owned Starwood hotel chain from last month, which saw 500 million users’ data stolen? The New York Times reports that the intrusion was part of a larger state-sponsored intelligence-gathering effort spurred on by China‘s spy agency, the Ministry of State Security. дальше »
2018-12-12 09:46 | |
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Starwood breach affecting 500m users reportedly part of a larger Chinese state-sponsored attack
Remember that massive breach of the Mariott-owned Starwood hotel chain from last month, which saw 500 million users’ data stolen? The New York Times reports that the intrusion was part of a larger state-sponsored intelligence-gathering effort spurred on by China‘s spy agency, the Ministry of State Security. дальше »
2018-12-12 09:46 | |
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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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State regulator orders fraudulent Russian cryptocurrency out of North Dakota
Financial regulators of North Dakota have ordered a dodgy Russian cryptocurrency company to cease and desist operations in the state, after discovering it had impersonated a bank in Liechtenstein to falsely market an initial coin offering (ICO). дальше »
2018-11-20 20:00 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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Texan regulator slaps Australian cloud mining firm with cease-and-desist
An Australian-based cryptocurrency mining service has been told to cease its operations by regulators from the other side of the globe. The Texas State Securities Board (TSSB) issued an emergency cease-and-desist order yesterday, to Automated Web Services Mining (AWS Mining). дальше »
2018-11-7 13:40 | |
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Regulators Approve Coinbase to Offer Custody Services in New York State
Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. дальше »
2018-10-24 00:55 | |
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Leading Indian Crypto Exchange Zebpay Sets off for Malta
Perhaps the most stagnant of all global cryptocurrencies markets, the Indian crypto market’s future depends a great deal on the long-awaited decision by the Supreme Court of India, which has already been adjourned multiple times. дальше »
2018-10-19 11:00 | |
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New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect. дальше »
2018-10-19 22:58 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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U.S SEC Crackdown Blockvest ICO over Irregularities in its Operations
The United States Securities and Exchange Commission (SEC) has taken action against Blockvest LLC. , an initial coin offering (ICO) project whose founders falsely claimed to have registered with the commission, whereas they were operating illegally in the state, violating securities regulations, reported Finance Magnates on October 11, 2018. дальше »
2018-10-14 21:00 | |
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Lyn Ulbricht Speaks Out on the Anniversary of Her Son’s Incarceration
On the most recent episode of The Tatiana Show, host Tatiana Moroz opened with an interview with Lyn Ulbricht, leader of the Free Ross campaign, to deliver some recent updates with the struggle to petition the carceral state for his clemency. дальше »
2018-10-4 20:31 | |
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You Can Buy French State Secrets With Bitcoin, Apparently
Ever wanted to find out more about secret and special operations in France? Ever wondered what secrets exist at a government level? Well, according to reports out today, an unidentified agent from the General Directorate for Internal Security (GDIS) has been selling French state secrets on the dark web in exchange for Bitcoin. дальше »
2018-10-2 15:30 | |
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New York Regulator: Binance And Kraken Are Susceptible To Manipulation
US Regulator Calls Out Leading Crypto Exchanges On Tuesday, as relayed by Bloomberg, Barbara Underwood, New York State’s Attorney General, unexpectedly released a report that highlighted her office’s thoughts on crypto exchanges. дальше »
2018-9-19 06:35 | |
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Washington State Utility Increases Power Rates for Bitcoin Mining
Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 15:00 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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Layer 1 Should Be Innovative in the Short Term but Less in the Long Term
One of the key tradeoffs in blockchain design is whether to build more functionality into base-layer blockchains themselves (“layer 1”), or to build it into protocols that live on top of the blockchain, and can be created and modified without changing the blockchain itself (“layer 2”). дальше »
2018-8-28 04:03 | |
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