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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds After Citing Low Profitability and Rising Expenses
The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »
2018-7-31 09:00 | |
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Game Removed From Steam Marketplace Due To Accusations Of Deception
Valve Corporation has removed a game from its video game marketplace Steam that allegedly hijacked users’ computers to mine cryptocurrency, Motherboard reported July 30. The Steam game store has delisted Abstractism, an indie game accused of deceptive practices and cryptojacking, and has banned its developer from the platform. Steam took action following complaints from a дальше »
2018-7-31 06:53 | |
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Litecoin [LTC]’s Charlie Lee to be the new adviser for HTC’s Exodus smartphone
Charlie Lee, the Co-Founder of Litecoin [LTC] and former Director of Engineering at the cryptocurrency platform Coinbase, has reported that he will be a consultant to HTC’s Exodus smartphone. Designed to launch in autumn, Exodus is the first smartphone created mainly for “decentralized applications and security”. HTC remarked that with an experience of 2 decades […] дальше »
2018-7-31 06:28 | |
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Latest Extraction Request Obfuscates Investigation of Bitcoin Scam Suspect Alexander Vinnik
A Greek court has accepted a Russian request to extradite Bitcoin (BTC) fraud suspect Alexander Vinnik, complicating subsequent international litigation, the Associated Press reported July 30. A panel of senior judges in the city of Thessaloniki ruled in favor of a new extradition request from Russia for the accused computer expert. The court’s decision complicates дальше »
2018-7-31 05:21 | |
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Fatfish Internet CEO: The Second Wave Rally Is Very Strong, ETF Soon
The sentiment surrounding this industry is beginning to shift, with many industry leaders and market experts/analysts indicating that they are ready to see another influx of involvement and interest, potentially through an ETF. дальше »
2018-7-31 03:07 | |
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Cryptocurrency in Thailand: Major Cineplex ready to accept cryptocurrency payments
Cryptocurrency payments find a way for the entertainment industry as Major Cineplex in Thailand is adapting to the new age currency. As the largest chain of movie theaters, Major Cineplex is in the process of building a customized digital payment platform to accept cryptocurrency in Thailand. дальше »
2018-7-31 22:25 | |
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China set to leapfrog US in the AI race
China’s progress towards its goal of becoming the world’s leader in AI by the year 2025 remains unchecked. While its efforts still lag behind the US, thanks to the likes of Google and Microsoft, there’s an alarming amount of research indicating the gap is shrinking. дальше »
2018-7-31 21:34 | |
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What is crypto done in the meeting?
The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29. According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets. Tam told investors to go дальше »
2018-7-30 18:50 | |
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A Look at What It Was Like to Operate the Lightning Network’s Largest Node
About two weeks ago news. Bitcoin. com reported on one guy who controlled the Lightning Network’s (LN) biggest node when he commanded 49 percent of the total funds held within the network. Since then, Andreas Brekken, the owner of the blockchain review website Shitcoin. дальше »
2018-7-31 18:40 | |
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House Committee on Agriculture Studies Cryptocurrency with a Surprisingly Positive Tone
The U. S. House Committee on Agriculture held a hearing on July 18, 2018 to discuss cryptocurrencies and digital assets. According to the opening statement, the hearing’s goal was to help the committee and community understand what cryptocurrencies are while exploring the regulatory challenges and uncertainties that currently face this industry. дальше »
2018-7-30 18:07 | |
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Privacy Coins Fall Through The Ranks As Market Caps Decline
Bitcoin. com has reported that the market caps for many privacy coins have decreased significantly over the course of 2018. Although privacy coins are still among the leading cryptocurrencies, they no longer occupy a single position in the top ten list. дальше »
2018-7-30 16:26 | |
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Research: Only 5% of Brits Made Capital Gains Via Cryptocurrencies
Cryptocurrency enthusiasts worldwide don’t shy from sharing their support for the burgeoning asset class, voicing the inevitable disruption of traditional finance market as the use of cryptocurrencies increase. дальше »
2018-7-30 16:00 | |
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India: Telangana to Sign MoUs for Implementing Blockchain Technology in Public Sectors
India’s state Telangana has some blockchain projects lined up for implementation throughout the state with a purpose to bring more transparency and efficiency in public administration. Reported by Business Standard on July 26, 2018, a senior official of the state government stated that Telangana government is planning to implement blockchain in several government applications. дальше »
2018-7-30 13:00 | |
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Stranger Things’ next season won’t arrive until summer 2019
If you’ve been waiting anxiously to follow the adventures of Eleven and her friends as they battle monsters from another dimension in the town of Hawkins, I’ve got some bad news for you: season three of Netflix’ 80s-themed sci-fi show Stranger Things will skip 2018 and air next summer instead. дальше »
2018-7-30 08:54 | |
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Privacy Coins Fall Through The Ranks As Market Caps Decline
Bitcoin. com has reported that the market caps for many privacy coins have decreased significantly over the course of 2018. Although privacy coins are still among the leading cryptocurrencies, they no longer occupy a single position in the top ten list. дальше »
2018-7-30 05:06 | |
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Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners
In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […] The post Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners appeared first on Bitcoin News. дальше »
2018-7-30 03:20 | |
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Bitcoin Can Buy Citizenship in Antigua and Barbuda
Individuals may now purchase citizenship in Antigua and Barbuda with bitcoin and other cryptocurrencies. Buying Citizenship in Bitcoin The independent Commonwealth country comprising its two namesake islands has officially amended its Citizenship by Investment Programme Act. дальше »
2018-7-29 20:00 | |
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Publication: fans of elon musk forbidden, american politician welcomes digital currency, group of establishment financiers
The Weekly In this week’s daily editions of Bitcoin in Brief, we reported about Twitter blocking ETH scambots mimicking Elon Musk, a US presidential candidate who accepts crypto donations, the expected arrival of a ‘herd of institutional investors’ and much more. дальше »
2018-7-29 17:13 | |
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The Weekly: Musk Bots Blocked, US Crypto Candidate, a Herd of Institutional Investors
In this week’s daily editions of Bitcoin in Brief, we reported about Twitter blocking ETH scambots mimicking Elon Musk, a US presidential candidate who accepts crypto donations, the expected arrival of a ‘herd of institutional investors’ and much more. дальше »
2018-7-29 12:40 | |
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The Weekly: Muskbots Blocked, US Candidate Accepts Bitcoin, Herd of Institutional Investors
In this week’s daily editions of Bitcoin in Brief, we reported about Twitter blocking ETH scambots mimicking Elon Musk, a US presidential candidate who accepts crypto donations, the expected arrival of a ‘herd of institutional investors’ and much more. дальше »
2018-7-29 12:40 | |
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Cryptocurrency like Bitcoin to be used by Iran to escape Donald Trump’s sanctions
The recent hustle-bustle between Iran and the United States of America seems to have taken a new turn. The Iranian government is all set to develop its own cryptocurrency in order to escape from the United States sanctions, as reported by a local newspaper. дальше »
2018-7-29 11:53 | |
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Breaking: Silk Road’s Ross Ulbricht’s Murder-for-Hire Charge Dropped After 5 Year Battle
Earlier this week, it was reported that Silk Road founder and early cryptocurrency user Ross Ulbricht scored a major legal victory: the US attorney leading the case filed a motion to have the indictment containing Ross’s murder-for-hire charges dropped. дальше »
2018-7-29 23:59 | |
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Pantera Capital Reports Lifetime Return of More Than 10,000%
Major cryptocurrency investment firm, Pantera Capital, has reported a lifetime return of more than 10,000% on its fund. The company has announced the impressive return in celebration of its five-year anniversary. дальше »
2018-7-28 21:45 | |
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UK Money Transfer Service Transactions ‘world’s first’
UK-based service TransferGo has reportedly become the world’s first remittance operator to offer crypto trading, Bloomberg reported July 27. TransferGo now lets customers buy and sell five major cryptocurrencies –– Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). дальше »
2018-7-28 17:01 | |
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Google Bans Crypto-mining Apps on Play Store, Changes Developer Policy
A radical change in the Android Developer Policy by Google has now outlawed crypto-mining apps, aside from cracking down on repetitive content. The changes were first reported by Android Police, and these changes suggested that the company has a very critical point of view on crypto mining and would not allow it on their devices. дальше »
2018-7-28 14:59 | |
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Bitcoin Immediately Recovers From Winklevoss ETF Rejection, and It’s a Good Thing
As reported by NewsBTC on Thursday, the U. S. SEC rejected a revised proposal for a Bitcoin ETF backed by the Winklevoss Twins. The market immediately took a dive, with Bitcoin and a majority of altcoins posting 4-5% losses on the day. дальше »
2018-7-28 12:30 | |
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Nasdaq Inc. Holds Closed-Door Meeting to Discuss Future of Cryptocurrency
Nasdaq Inc. is reported to have hosted a closed-door meeting with representatives of approximately half a dozen companies, including Gemini founders the Winklevoss twins, to discuss the future of cryptocurrency. дальше »
2018-7-28 08:13 | |
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Win $100,000 by Hacking John McAfee and Bitfi’s “Unhackable” Cryptocurrency Wallet
If you possess decent cyber hacking skills, then you might want to give attention to John McAfee’s latest open challenge. The eccentric antivirus software creator posted a tweet on July 24, offering a $100,000 reward to whoever can break into his Bitfi cryptocurrency wallet. дальше »
2018-7-28 05:00 | |
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Nasdaq Inc. Holds Closed-Door Meeting to Discuss Future of Cryptocurrency
Nasdaq Inc. is reported to have hosted a closed-door meeting with representatives of approximately half a dozen companies, including Gemini founders the Winklevoss twins, to discuss the future of cryptocurrency. дальше »
2018-7-28 02:36 | |
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Researchers published a cannabis study that’s dangerously misleading
A recent study published by a team of researchers from Lancaster University and The University of Lisbon indicates long-term cannabis use could result in damage to the human brain. We’re not sure how they managed to come to that conclusion however, because the study was conducted using neither cannabis nor humans. дальше »
2018-7-28 01:33 | |
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Kapersky Reports New Crypto Mining Malware Targeting Corporate Networks
Researchers at Kaspersky Lab have uncovered a new form of cryptojacking malware targeting corporations in multiple countries, the cybersecurity firm reported Thursday. PowerGhost, a form of fileless malware – which uses a system’s native processes to hijack a computer – has reportedly been spreading on corporate networks in India, Brazil, Colombia and Turkey. The miner дальше »
2018-7-27 22:38 | |
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Complete refunds guaranteed by a ICO platform after being involved in a $7 million hacking incident
Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. CEO Anti Danilevski wrote in a blog post that the startup’s team discovered some 70 million KICK tokens missing from its wallet after the KickCoin smart contract owner’s private key was compromised. Several users’ wallets дальше »
2018-7-27 22:31 | |
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Muddied and Fairly Opaque Crypto Industry Needs Oversight, Says US Lawmaker
A member of the U. S. House Financial Services Committee wants lawmakers to focus more attention on initial coin offerings (ICOs) and the trading of crypto assets, calling the market “muddied and fairly opaque. дальше »
2018-7-27 22:30 | |
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Largest Wall Street Crypto Firm Lost $134 Million in Q1 2018
Galaxy Digital — a full-service digital assets merchant bank launched by ex-Goldman Sachs macro trader Michael Novogratz — took a financial beating in the first fiscal quarter of 2018. Rekt… The New York-based cryptocurrency-focused merchant bank disclosed its financial report for the first time this week, and the results weren’t great. дальше »
2018-7-27 21:00 | |
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Tron (TRX) Liquidity Continues to Increase with 36 Exchanges Resuming Deposits and Withdrawals
The Tron (TRX) token migration is still ongoing a month after it started on the 21st of June. Ethereum World News had reported on the 52 exchanges that were pleased to support the migration that would facilitate the switching from the ERC20 TRX token to the new TRX coin on the new Tron Blockchain. дальше »
2018-7-27 20:20 | |
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Advanced Micro Devices (AMD) Reports Lower GPU Crypto Mining Sales In Q2
Advanced Micro Devices (AMD) published its quarterly earnings report this Wednesday reporting that sales of graphics cards (GPUs) to cryptocurrency miners fell during the second quarter. AMD has reported second-quarter earnings of $116 million, or $0. дальше »
2018-7-27 19:17 | |
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Decentralized Exchange Waves Gets Hacked After $6 Million Debut
Launched July 24, 2018, Waves Decentralized Exchange allows users to exchange and issue their own tokens almost instantly. Amidst a successful $6 million launch, Waves experienced a security breach that uncovered greater issues to the network. дальше »
2018-7-27 19:00 | |
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ICO Platform Promises Full Refund Following $7 Million Hack
Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. дальше »
2018-7-27 19:00 | |
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XRP Gets Real: Wallets Rapidly Stuffed With Digital Cash
XRP is one of the most controversial cryptocurrencies on the market. Crypto Briefing has reported on the problems currently plaguing Ripple and (completely separately) XRP tokens as the SEC continues to contemplate the “security issue. дальше »
2018-7-27 18:53 | |
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Iran To Create Rial-Backed Cryptocurrency To Bypass Donald Trump’s Enacted Sanctions
Iran to Create Country-Backed Crypto After U. S Limits Access to USD Iran’s news platform, PressTV reported that Iran will be taking the mandatory actions to establish its own cryptocurrency. The decision stemmed out of necessity as the U. дальше »
2018-7-27 18:39 | |
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Winklevoss Bitcoin ETF was Rejected, But VanEck ETF has a Chance to be Approved
Following the US Securities and Exchange Commission’s (SEC) decision to deny the Winklevoss’s Bitcoin ETF application, investors in the cryptocurrency market panicked, taking the bitcoin price below the $8,000 threshold. дальше »
2018-7-27 15:00 | |
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The Daily: Twitter Blocks Bots Mimicking Musk, Coinvault Hackers Sentenced
In Friday’s edition of The Daily, Twitter has taken measures against crypto scammers imitating the profile of Tesla’s CEO Elon Musk and a Dutch court has sentenced the operators of the Coinvault ransomware. дальше »
2018-7-27 14:25 | |
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Japan: Self-Regulating Cryptocurrency Body Proposes Margin Trading Limit on Bitcoin
The regulatory body overseeing Japan’s digital currency and trading market introduced a rule that could potentially affect thousands of traders in the cryptocurrency-crazy nation. Regulating Crypto, One Step a Time As reported by Nikkei Asia Review on July 25, 2015, the Japan Virtual Currency Exchange Association (JVCEA) announced a widespread crackdown on the country’s margin […] The post Japan: Self-Regulating Cryptocurrency Body Proposes Margin Trading Limit on Bitcoin appeared first on CryptoSlate. дальше »
2018-7-27 12:00 | |
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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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Mike Novogratz’s Galaxy Digital Posts Multi-Million Dollar Losses in Q1 of 2018
Billionaire cryptocurrency investor and owner of Galaxy Digital, Mike Novogratz, has reported company losses totaling $134 million in Galaxy Digital’s quarterly disclosure. The report details $85. дальше »
2018-7-27 02:19 | |
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Iran Preparing to Dodge US Sanctions Regarding National Cryptocurrency
Iran has confirmed it will press ahead with creating its own state-issued cryptocurrency to circumvent incoming U. S. . sanctions, local media Press TV reported July 25. Besides, it can help us at the time of sanctions. дальше »
2018-7-26 20:03 | |
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3LAU: Spotify Earnings Prove Artists Need Blockchain
Back in May, Crypto Briefing reported an in-depth analysis of how music streaming services are impacting the entire music industry. It was noted that streaming services such as Spotify or Apple Music are the biggest financial contributors in the entire music industry. дальше »
2018-7-26 18:03 | |
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