Contrary to drug and trafficking scares against cryptocurrencies, U.S. Drug Enforcement Agency special agent Lilita Infante says criminal activity only makes up around 10% of transaction volume, while the majority were from speculators.
Cloud Constellation’s mission to shoot data into space through SpaceBelt is the stuff of science fiction. So it’s not surprising that apart from starry-eyed sci-fi fans, they’ve also managed to turn heads in the blockchain space.
Thailand’s central bank, the Bank of Thailand (BOT) has released a circular outlining their policies on cryptocurrency activities. The circular effectively cancels out their previous rule banning banks and financial institutions from engaging in such activities, provided they abide by the newly released policies.
The fake Binance widget strategically places in-app purchase confirmations and pop-ups, leading to ‘accidental’ payment confirmations when users’ fingers are still at the fingerprint scanner (home button).
The Dubai International Financial Center (DIFC) Courts has partnered with Smart Dubai to create the world’s first “Court of the Blockchain.”
The SEC has released a 37-page document outlining its proposed rules for local ICOs. According to the memorandum, any entities planning to conduct initial coin offerings must file applications to the SEC and include detailed documents outlining their operations and how their tokens function.
Modulus CEO Richard Gardner, like many professionals in the space, has had just about enough of these multi-million dollar hack saga. Referring to the recent KickICO meltdown, Gardner, while acknowledging the team’s commitment to reimbursing users for the loss, wants to put an end to the “bad headlines.”
State-owned Agricultural Bank of China has begun testing its E-Blockchain Loan solution by issuing a $294,105 agricultural land mortgage loan. This is the first of its kind to be issued, and will benefit husbandry and agriculture, including the local tea industry.
Despite the expiration of the Schnorr signature patent, there are two existing and unexpired patents that may botch this plan.
Steam has delisted an indie game called Abstractism after users filed complaints that the game slipped in malicious files into players’ computers.
Police in California arrested Joel Ortiz, who is accused of involvement in a scam where several cellphone numbers were hacked, yielding over $5 million in cryptocurrency.