Ethereum Community Considers Hard Fork To Fight ASIC Miners Ethereum developer Piper Merriam opened Ethereum Improvement Proposal (EIP) #958 on Github on March 30, presenting the idea of a possible hard forkin the…
Continue ReadingSouth Korea’s Capital Is Planning to Launch Its Own Cryptocurrency The South Korean city of Seoul is developing its own cryptocurrency – the “S-Coin” – to be used in city-funded…
Continue ReadingGoogle Bans Crypto Mining Browser Extensions from Chrome Google has banned cryptocurrency mining browser extensions from the Chrome store. The U.S. tech giant announced its decision on Monday, and said…
Continue ReadingBitPay Closes Extended $40 Million Series B Round Led by new investors Menlo Ventures, G Squared and Capital Nine ATLANTA, April 3, 2018 – BitPay, the largest global blockchain payments provider,…
Continue ReadingIs Vitalik Buterin Serious About Hard Capping the Ethereum Supply? Even though any sort of cryptocurrency-related announcement made on April 1 needs to be taken with a grain of salt,…
Continue ReadingHarvard Professor Says Bitcoin Price Will Go to $100, Flawed Logic Speculating on the Bitcoin price is an interesting yet somewhat futile exercise. Harvard economist Kenneth Rogoff has always been…
Continue ReadingGoogle have decided to take action against the recent rise in cases of cryptojacking. They announced today that they will no longer allow Chrome extensions that mine cryptocurrency. Blanket Ban…
Continue ReadingTaiwan Central Bank Proposes Money Laundering Rules for Bitcoin The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island’s existing anti-money laundering regulations. During…
Continue ReadingA U.S. map showing the most popular items bought by state during the 2017-2018 holiday season has taken people by surprise with Nevada’s favorite holiday product being the Ledger Nano,…
Continue ReadingTD Bank Considers Public Blockchain for Asset Tracking One of Canada’s largest banks may be considering the use of a public blockchain to digitally track assets. In a patent application published…
Continue ReadingBitcoin Foundation’s Jon Matonis: Bitcoin ‘Is Pin To Pop’ World Finance Bubble Economist and Bitcoin Foundation founding director Jon Matonis went on record to reaffirm his belief in Bitcoin’s future last month, dispelling bubblefears. In an Apr 2…
Continue ReadingWesley Snipes Has Suddenly Become a Cryptocurrency Entrepreneur Various celebrities have shown an increasing interest in initial coin offerings and cryptocurrencies. As one would expect, this alarming trend has attracted…
Continue ReadingXRP Price Seems Poised to Break the $0.50 Resistance Level With all cryptocurrency markets still showing some bearish pressure, it remains to be seen how things will pan out this…
Continue ReadingAnother Lawsuit Filed Against Hacked Crypto Exchange Coincheck Asks For Almost $800,000 Another class action lawsuit for around 82 mln yen (around $771,000) has been filed against the hacked Japanese exchange Coincheck, Cointelegraph Japanreports…
Continue ReadingMake sure you check out last weeks post here, now let’s go over what happened in crypto this week. Price Watch: Bitcoin is down 20% this week completely retracing the…
Continue ReadingLongfin Hopped on the Blockchain Hype Bandwagon and Will Soon Get Delisted It has become apparent that virtually every publicly traded company wants to get involved in blockchain technology. Doing…
Continue ReadingMajor Russian Bank Looks To Pilot Crypto Transactions In Switzerland Major Russian state-owned bank Gazprombank will be conducting pilot cryptocurrency transactions in Switzerland, local news outlet Vedomostireported March 29. According to Aleksandr Sobol, the…
Continue ReadingHas The US Tax Code Become a Problem For Cryptocurrency Traders? As U.S. taxpayers have until April 27 to file and pay what is due to the IRS, cryptocurrency investors…
Continue ReadingKazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central Bank The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale…
Continue ReadingThai Finance Ministry Releases Final Version Of Cryptocurrency Tax Framework Thailand’s awaited tax framework for cryptocurrencies has been announced this week by the Thai Finance Minister, local news outlet Nikkei Asian…
Continue ReadingIBM Evolution: Big Blue Is Finally Getting Serious About Cryptocurrency It wasn’t long ago that your average enterprise wouldn’t even mention bitcoin, ethereum, or any number of cryptocurrencies in public.…
Continue ReadingEnd of Month Roundup: Cryptocurrency Winners and Losers in March Top performing cryptocurrencies in March were Tron and Binance Coin. The biggest losers were Neo, Ethereum and Cardano. Another month…
Continue ReadingChina’s central bank states that the country is willing to support a global regulatory framework for cryptocurrency established by G20. China’s Central Bank Supports Global Regulatory Framework The Institute of…
Continue ReadingCrypto Still Tax Free in Korea but Regulators Have Set Timeframe for Taxation Cryptocurrency transactions are still tax-free in South Korea due to a lack of tax regulations. As the…
Continue ReadingFBI Publishes PSA About Tech Support Fraud Targeting Cryptocurrency Holders The FBI’s Internet Crime Complaint Center (IC3) has published a public service announcement on March 28 warning about the prevalence of scammers posing…
Continue ReadingSelf-Regulation May Help Legitimize the ICO Industry While the ICO industry is seemingly firing on all cylinders, the risks have not diminished by any means. In fact, it seems this…
Continue ReadingIndian State Government Plans to Store Residents’ DNA Data on a Blockchain The regulation of blockchain and cryptocurrency poses many issues. This is especially true in India, considering that the country’s government has…
Continue ReadingTelegram Doubles Amount Raised in ICO to $1.7 Billion Messaging app provider Telegram has successfully raised another $850 million through its initial coin offering (ICO) private sale, public documents reveal.…
Continue ReadingSouth Korean Millennials Excited About Crypto, New Survey Shows South Koreans in their 20s and 30s are excited about cryptocurrencies and are eager to invest. This is according to a…
Continue ReadingDoes the IRS Get a Cut of Your Bitcoin Cash? If you owned bitcoin on July 31, 2017 (and did not dispose of it), by the end of the next…
Continue ReadingThailand Approves Draft Decree on Crypto The Thai cabinet has approved a draft decree to regulate cryptocurrencies and initial coin offerings. The definition of digital assets has been modified from…
Continue ReadingRipple Gives Away ‘The Largest Donation Of Cryptocurrency’ To Support Public Schools Blockchain-based payments network Ripple recently donated $29 mln of its own cryptocurrency XRP to support US public schools, fulfilling over 35,000 funding requests from teachers via DonorsChoose…
Continue ReadingTaxing Every Bitcoin Purchase Will Backfire for the IRS Bitcoin has a remarkable way of teaching people very rapidly about the law of unintended consequences. A great example is when…
Continue ReadingHacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Cryptocurrency exchange Youbit has reportedly re-emerged after a series of hacks and a bankruptcy filing, amid an insurance claim controversy and civil…
Continue ReadingPark Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital…
Continue ReadingChina To Develop Centralized Crypto, Protects Yuan Against Non-State Digital Currency The People’s Bank of China (PBoC) will continue to apply strict measures on virtual currencies as part of its strategy for protecting and…
Continue ReadingUK Police Appeal for Leads Relating to 18 Missing Mining Rigs UK police are seeking information relating to the theft of Bitcoin mining hardware in Derbyshire. Units were taken from…
Continue ReadingToken Overload Is Causing Confusion With thousands of cryptocurrency tokens tradable on exchanges, and thousands more registered as ERC20s, confusion is inevitable. Many share extremely similar names and some have…
Continue ReadingBithumb and Korea Pay Services Partner to Promote Retail Use of Crypto Bithumb has announced a new partnership with Korea Pay Services in a move meant to promote the use…
Continue ReadingFive Cryptocurrency Exchanges in Japan Throw in the Towel Five cryptocurrency exchanges in Japan are closing after their operators reportedly withdrew their applications with the Japanese financial regulator to operate…
Continue ReadingBig Investors Will Make ‘All Hell Break Loose’ In Crypto In 2018, Says Abra CEO Cryptocurrency investment app Abra’s CEO forecast that “all hell will break loose” in Bitcoin and altcoin markets this year in a…
Continue ReadingFord to Use Cryptocurrency for Inter-Vehicle Communication System Ford has been issued a patent for “Apparatus and methods […] for vehicle-to-vehicle cooperation to marshal traffic.” The patent indicates that Ford…
Continue ReadingBithumb Brings Cryptocurrency Payments to South Korea’s Retailers It is evident there is still a lot of work to be done when it comes to making cryptocurrency go mainstream. Few…
Continue ReadingUK police are seeking information relating to the theft of Bitcoin mining hardware in Derbyshire. Units were taken from a property on the evening of March 21 in the West…
Continue ReadingRussian Hotels to Surprise World Cup Fans with Bitcoin Payments Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year’s World…
Continue ReadingUK Financial Watchdog Warns Over Unregistered Crypto Brokerage The U.K.’s financial regulator has issued a warning to investors over an unregistered brokerage firm that appears to be offering cryptocurrency-related derivatives…
Continue ReadingBank Of Montreal Staff Memo Appears To Show Bitcoin ‘Block’ Due To ‘Volatility’ Canadian lending institution Bank of Montreal (BMO) banned its customers from buying Bitcoin in a move seemingly confirmed March 28.…
Continue ReadingReport: Korean Insurer Denies Claim from Bankrupt Crypto Exchange South Korean cryptocurrency exchange Youbit has reportedly had its insurance claim denied months after it closed following a debilitating hack. In December,…
Continue ReadingStatistics Show Nearly 81% of ICOs Eventually Become Scams Initial coin offerings are often considered to be the holy grail for blockchain projects. This business model allows anyone with an…
Continue ReadingMandela’s Golden Hands Sell for $10 Million in Bitcoin A Canadian businessman agreed to sell four gold castings of South African leader Nelson Mandela’s hands. For $10 million in bitcoin,…
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