New York Credit Card Scammer Allegedly Sent Bitcoin to ISIS
A Long Island woman has been charged with sending tens of thousands of dollars to ISIS fighters in Syria. As has been widely reported, the woman allegedly used bitcoin to transfer the funds overseas. Headlines have glossed over the way the money was obtained in the first place though: by good old-fashioned credit card fraud. […]
PR: Winning Moonrise Competition Scales Talent Acquisition Platform Bitdegree Crowdsale to the Next Level
As the Grand Prize winner of Moonrise 2017 competition, BitDegree - the blockchain learning and talent acquisition platform, has reinforced its fast-growing reputation as a game changer within the crypto community. BitDegree caught the attention of a huge number of contributors which led to a quick sellout of nearly one quarter of the total token supply.
South Korea Releases Emergency Measures for Cryptocurrency Regulation
South Korea’s government released emergency measures for cryptocurrency regulation on Thursday. Bitcoin exchanges will now be regulated. Among other measures, there will be a ban on banks, minors, and foreigners trading cryptocurrency as well as a clampdown on virtual bank accounts needed to trade cryptocurrencies in Korea. Also read: South Korea Clarifies Position After Reports of Possible […]
Tezos Foundation Board Member Quits as Lawsuits, Allegations, Tensions Mount
And then there were two. The historic, crowdfunded initial coin offering (ICO) start-up Tezos raised a quarter billion USD this summer, and to much acclaim. Now it’s embroiled in three class-action suits, its founders vying for control and legal costs. The latest news from the once-seemingly untouchable team is the resignation of Tezos Foundation Board […]
Gibraltar Paves Way for Regulation of Crypto and DLT Companies
The Legislature of Gibraltar has approved a bill designed to update the territory’s Financial Services regulations. The bill is expected to pave the way for the territory’s introduction of comprehensive legislation governing the operations of companies working in the distributed ledger and cryptocurrency industries next year. Also Read: Despite Regulation, Russians Plan to Build Europe’s Largest […]
Bitcoin Cash Will Close Out 2017 With Significant Infrastructure Support
The end of the year is approaching, and the Bitcoin Cash (BCH) network and community have continued to see significant growth. From merchant acceptance, cryptocurrency businesses integrating support, and many other additions to the BCH economy, shows that bitcoin cash will have some robust infrastructure for 2018. Also Read: Increased South African Bitcoin Adoption Highlights […]
Venezuelans Turn to Bitcoin as Government Crackdown on Mining Intensifies
In contrast to many people around the world, who adopt bitcoin to make a quick profit, citizens of Venezuela use the currency as a matter of sheer survival. Venezuelans resort to the cryptocurrency to stay afloat, fighting the rising tides of hyperinflation. Even in the face of fierce government crackdowns, which are only getting worse, its […]
Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions
While the rising transactions fees are making bitcoin less usable for everyday purchases, its strength is drawing in companies and nation states looking to use the cryptocurrency. This is especially true for those locked out of the international financial system, as can be seen by the thinking of a top Putin aide. Also Read: Israeli […]
Trezor Firmware Update Brings Shorter Addresses and Support for More Tokens
Popular cold storage wallet solution, Trezor, announced its latest firmware upgrade. Version 1.6.0 offers support for more tokens. It also implements support for segregated witness addresses, using Bech32 instead of the usual P2SH format, potentially saving block size on the Bitcoin network. As the first hard wallet to use Bech32, the company’s update might help […]
PR: Coinfi Announces ICO for Crypto Market Intelligence Platform
HONG KONG/NEW YORK - CoinFi>, the cryptocurrency market intelligence platform, today announced an initial coin offering (ICO) with a hard cap of $15 million to further expand its technology and hedge fund-caliber trading tools for real-time news, data, and analysis on the crypto markets. A portion of funds raised will also be used to compensate and leverage the power of the crowd, which will help curate and produce content in a unique token-for-information ecosystem.
