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Bitcoin Miner “Stole” 150 MW of Electricity according to Chinese Police
A Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local media outlet Xinhua reports June 22. The suspect, known only by his surname Ma, allegedly mined Bitcoin and Ethereum on two hundred computers in the country’s Anhui province, all of which have been дальше »
2018-6-22 19:06 | |
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Crypto Prices Plunge in India After Biggest Local Exchange Warns “Withdrawals Could Stop”
Zebpay, one of the biggest crypto exchange in India, has sent out a notice to its customers warning withdrawals could stop ahead of a legal showdown at India’s Supreme Court... The post Crypto Prices Plunge in India After Biggest Local Exchange Warns “Withdrawals Could Stop” appeared first on Trustnodes. дальше »
2018-6-22 13:35 | |
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Ukraine: Four Arrested for Running Fake Crypto Exchanges
Four citizens of Ukraine have been arrested by local authorities for running six fake cryptocurrency exchanges
дальше »2018-6-22 06:18 | |
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Ex-BJP MLA Declared an Absconder in Bitcoin Extortion Case
A local sessions court heard the case for cryptocurrency extortion in Surat, India filed by the Criminal Investigation Department (CID-Crime) on Tuesday. It declared ex-BJP MLA Nalin Kotadiya a fugitive after he failed to appear in court despite repeated summons. дальше »
2018-6-21 20:01 | |
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Finished Your Holiday? Wondering What To Do With Your Foreign Currency?
We have all been there. It comes to the last day of your holiday and you realise you’ve over done it and bought too much of the local currency. Irritatingly, you’re not always able to exchange small amounts of foreign currency back at home. дальше »
2018-6-21 15:30 | |
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Korean gaming giant chairman thinks blockchain will be used in the future
The chairman of Netmarble, one of the largest South Korean gaming companies, believes that blockchain technology will soon be applied across all industries, local news outlet EDaily reports June 20. Netmarble reported revenue of 1. дальше »
2018-6-21 23:32 | |
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Canada is Closing up Every way that Allows Criminals to Use Bitcoin For Fraud
Crypto-Friendly Canada Set to Increase Regulatory Oversight in its Cryptocurrency Ecosystem to Eliminate Bad Actors. So far, 2018 has been a year crypto regulation, with quite many nations working tirelessly round the clock to sanitize their blockchain-based digital currency industry by formulating guidelines to govern the nascent space. дальше »
2018-6-21 22:59 | |
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Two of the Largest Russian Banks Testing Crypto-based Investments for Retail Investors
Local media outlet Kommersant reported last week about two of the largest Russian banks and their plans to offer crypto-based investment options. Alfa-Bank and Sberbank have begun experimenting with new products based on “digital financial assets” or CFA after a meeting last Wednesday. дальше »
2018-6-20 20:51 | |
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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack
Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. дальше »
2018-6-20 20:25 | |
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Crypto Exchange Bithumb prevents retreats after the $ 31 million hack
Bithumb, one of the largest cryptocurrency exchanges in South Korea by trading volume, is halting deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform. The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to дальше »
2018-6-20 13:29 | |
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South Korean Crypto Exchange Bithumb Hacked, $31.5 Million Stolen
Popular South Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals following a hack resulting in the theft of more than $31 million worth of cryptocurrencies. This marks the second Korean exchange hack in as many weeks. дальше »
2018-6-20 07:30 | |
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Turcoin Ponzi Schemers Escape With Millions
News Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. дальше »
2018-6-20 04:00 | |
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Turcoin Ponzi Scheme Exposed, Founders Flee with Millions
Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. дальше »
2018-6-20 01:50 | |
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Malaysian Government Teams Up With Korean Lab to Develop Sharia-Compliant Blockchain
South Korean blockchain lab IncuBlock has signed a Memorandum of Understanding (MOU) with a Malaysian government advisory committee for blockchain tech development permissible under Sharia law, local news outlet IT World reported yesterday, June 18. дальше »
2018-6-20 23:22 | |
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Malta Bankers Association Chairman Praises Says Crypto as Blockchain,
Marcel Cassar, the newly appointed chairperson of the Malta Bankers Association, said that blockchain tech sounds like a “banker’s dream. ” Cassar also claimed that cryptocurrencies are “here to stay,” according to a June 17 interview with local news outlet The Malta Independent. дальше »
2018-6-19 16:33 | |
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Blockchain-Based Community Currencies to Be Launched in Kenya
Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. дальше »
2018-6-19 01:01 | |
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South Indian State of Kerala Uses Blockchian Technology in Food Supply and Distribution
The government of the South Indian state of Kerala will use blockchain for food supply and distribution, local news outlet Business Standard reported June 17. Chairman of K-DISC, KM Abraham, told Business Standard that each component of the supply network would have a separate ID number, through which its source, production, quality, and distribution could дальше »
2018-6-19 23:19 | |
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Netflix And Shill? Hollywood Films Its Cryptocurrency Premiere
Hollywood has announced it will film its first high-profile feature centered on cryptocurrency – and its alleged connection with money laundering in the art world. ‘Crypto,’ Art And Money Laundering ‘Crypto,’ an unlikely blockbuster which will see actors from some of the most popular current US serials play major roles, will begin filming later this year, local industry magazine Hollywood Reporter revealed last week. дальше »
2018-6-18 20:00 | |
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This Village Decided to Launch Japan’s First Municipal ICO
A village in Japan has announced its decision to launch an initial coin offering in order to secure funds for creating a sustainable region. This will be the first time in Japan for a municipality to use a token sale to raise funds. дальше »
2018-6-18 00:20 | |
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Armed crypto robbers steal Bitcoin [BTC] worth $1 million
As reported by The Atlanta Journal-Constitution, in Forsyth County this week, five men were charged for allegedly scheming to steal Bitcoin from a local resident. According to recent reports, the five tried to steal Bitcoin which amounted to nearly $1 million. дальше »
2018-6-17 10:18 | |
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16 arrested in Monero Japan on the Crytojacking case
Japanese prosecutors from 10 prefectures have arrested 16 individuals suspected of involvement in an ongoing criminal case of cryptojacking, local news outlet The Asahi Shimbun reports June 15. Cryptojacking is the practice of using unsuspecting users’ processing power in order to mine cryptocurrency for the attacker. According to the report by Asahi Shimbun, the arrested дальше »
2018-6-17 03:07 | |
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Japan: 16 Arrested in Monero Cryptojacking Case, Local Media Report
Japan’s prosecutors have arrested 16 individuals suspected of involvement in illegal case of cryptojacking in Japan
дальше »2018-6-17 01:04 | |
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JD.com’s Finance dep to issue Blockchain Asset-Backed Securities
JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has made public its plans to issue asset-backed securities (ABSs) on the blockchain, as reported by local media on June 13. JD Finance will issue the ABS in combination with Huatai Securities and Xingye Bank according to China’s Securities Regulatory Commission (CSRC) via its media outlet […] дальше »
2018-6-16 15:18 | |
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New Russian Draft Laws Erases Crypto Related Terms
A report from Kommersant, a local Russian outlet reveals that Anatoly Aksakov, the head of Russia’s State Duma Financial Market Committee explained that crucial changes will be made in the Country’s draft laws which is meant to regulate Cryptocurrency in Russia. дальше »
2018-6-16 11:45 | |
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Till Death Do Us Fork: Planning for Cryptoasset Inheritance
For many, the experience of adding crypto coins to their financial portfolios has proven to be the thrill of a lifetime. As a new type of holding with a unique set of tools and rules, cryptocurrency is wealth with its own wow factor. дальше »
2018-6-15 18:54 | |
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Crypto Beach Developed by South Korea, After Switzerland’s ‘Crypto Valley’
South Korea has revealed plans to launch a blockchain center in Busan city modeled on the Swiss Crypto Valley, local news outlet Edaily reported June 14. “We need a place to concentrate on the cryptographic industry in Korea like the Crypto Valley in Switzerland,” Oh said at the event. Located in eastern Busan, South Korea, дальше »
2018-6-15 05:25 | |
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Vote Threshold Is Met: EOS Can Finally Launch Its Platform
According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. дальше »
2018-6-15 03:10 | |
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Reserve Bank of India Banned Cryptocurrency Out of Ignorance, Ban Might Soon Be Lifted
2018 has been a year of crypto regulations. After the massive bull run of 2017, twenty eighteen came in with an entirely different spirit, with various regulatory authorities formulating all kinds of laws to govern the Cryptospace. дальше »
2018-6-14 17:31 | |
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Chinese stocks to Put Credit Boycott on a Shared Blockchain
The banking arm of Chinese retail giant Suning is testing a consortium blockchain that would allow participating banks to record and update a shared ledger of users with bad credit scores. According to a local news source Sina Finance on Thursday, Suning Bank developed the blockchain system in order to move its blacklist of suspect дальше »
2018-6-14 13:54 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
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Pessimistic crypto markets see BTC falling below $6,500, ETH below $500
Market visualization from Coin360 Bitcoin (BTC) has taken an over 11 percent negative hit, trading around $6,449 to press time, bringing its monthly losses to almost 25 percent. The leading cryptocurrency has now fallen below what some commentators consider to be an average BTC mining profitability threshold of $6,500. Aside from hardware costs, the local cost дальше »
2018-6-13 21:11 | |
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Chinese e-commerce giant JD.com has released plans to issue asset-backed securities (ABSs) on the blockchain, local media reported June ..
Chinese e-commerce giant JD.com has released plans to issue asset-backed securities (ABSs) on the blockchain, local media reported June 13. According to China’s Securities Regulatory Commission (CSRC) via its media outlet Securities Times, subsidiary JD Finance will issue the ABS in conjunction with Huatai Securities and Xingye Bank. Together, the partners will asses blockchain’s potential дальше »
2018-6-13 20:28 | |
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South Korean banks suspected Coinrail transactions months before in Feb
In the latest update to the largest South Korean crypto stealing scandal valued at $37.28 million, media has unearthed evidence that banks had detected suspicious behavior at local exchanges. South Korea major trading center In terms of volume and number of exchanges, South Korean, is by far one of the largest trading centers of cryptocurrency […] The post South Korean banks suspected Coinrail transactions months before in Feb appeared first on ZyCrypto. дальше »
2018-6-14 16:25 | |
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India ‘Not in Favor’ of Banning Cryptocurrency (Reports)
The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local news media outlet Economic Times said a dedicated panel studying cryptocurrency “may suggest allowing cryptocurrency,” but with undisclosed “riders” – or provisos – about its usage. дальше »
2018-6-13 16:00 | |
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Bitcoin in Brief Wednesday: Zug Tests Blockchain to Decide on Fireworks and Digital IDs
The city of Zug, home of the Swiss Crypto Valley, will invite its residents to take part in an experimental blockchain-based vote. They are expected to share opinions on several questions of local importance, including the fireworks display during the annual Lakeside Festival and the use of digital IDs to borrow books and pay parking […] The post Bitcoin in Brief Wednesday: Zug Tests Blockchain to Decide on Fireworks and Digital IDs appeared first on Bitcoin News. дальше »
2018-6-13 15:12 | |
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Coin Exchange Buda Subject of Sudden Banking Embargo in Colombia
Exchanges Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. дальше »
2018-6-13 09:13 | |
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Cryptojacking Case involving Coinhive Monero Mining software is being investigated by Japanes Police
Japanese police are investigating a case of cryptojacking that involves Monero-mining software Coinhive, sources familiar with the matter told local news outlet Mainichi June 12. According to the sources, the suspects involved in the case set up websites that installed the Coinhive crypto mining software on visitors’ computers without their consent or “clear notices about дальше »
2018-6-13 09:05 | |
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Crypto Exchange Buda Subject of Sudden Banking Embargo in Colombia
Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. дальше »
2018-6-13 07:40 | |
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UK Banks urged by FCA to implement strong security measures for risky Cryptocurrency Business
The Financial Conduct Authority (FCA), U. K. ’s top financial watchdog, has advised banks to adopt appropriate measures to minimize the risks and exposure inherent in the cryptocurrency business. This advice was contained in a recent letter sent by the FCA to the CEOs of local U. дальше »
2018-6-13 06:37 | |
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Report: Suspicious Transactions at Korean Exchange Coinrail Months Before Hack
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident. дальше »
2018-6-13 03:40 | |
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FCA Urges UK Banks to Adopt Robust Security Measures Against ‘Risky’ Cryptocurrency Business
The Financial Conduct Authority (FCA), U. K. ’s top financial watchdog, has advised banks to adopt appropriate measures to minimize the risks and exposure inherent in the cryptocurrency business. This advice was contained in a recent letter sent by the FCA to the CEOs of local U. дальше »
2018-6-13 03:00 | |
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