Business 7 hours ago

Danish taxman targets 2,700 crypto traders over possible tax evasion

The Danish tax authority Skattestyrelsen is pursuing as many as 2,700 Bitcoin Core (BTC) traders over taxes in connection with as much as $12.7 million of unreported transactions. In the latest crackdown from a tax ...

Tech 1 day ago

Latest Mastercard patent filing covers anonymous blockchain transactions

Prolific patent filer Mastercard has applied for protection of yet another blockchain innovation—a platform that would allow anonymous blockchain transactions, using a somewhat familiar method. In what has been likened to a coin mixing or ...

Business 6 days ago

‘BUIDL, not HODL’: Coinbase files curious trademark

In the race to tie up intellectual property (IP) around cryptocurrency, some ideas have definitely been stronger than others. The latest to come from market leading wallet and exchange service Coinbase has certainly raised a ...

Business 1 week ago

Abu Dhabi Global Market achieves KYC breakthrough with blockchain’s help

Abu Dhabi Global Market (ADGM), the financial centre of the UAE’s capital, has successfully completed trials of a new app for improving Know-Your-Customer (KYC) processes, known as e-KYC. The app is designed to simplify the ...

Business 1 week ago

‘Relaxed’ Swiss license allows fintech startups to accept public deposits

The Swiss financial regulator has issued fresh guidelines for fintech startups, giving leeway to licensees to accept up to CHF100 million ($100.1 million) in public deposits, in a radical move designed to boost innovation in ...

Business 2 weeks ago

US court rejects unregistered securities case against Blockvest

A court in the United States has rejected a claim brought by the Securities and Exchange Commission (SEC) against blockchain assets exchange Blockvest, in a case that could help shape precedent on unregistered securities. SEC, ...

Business 2 weeks ago

US Treasury links crypto addresses to Iranian ransomware scam

The U.S. Department of the Treasury has identified two separate wallet addresses linked to the latest Iranian crypto ransomware plot. The department’s Office of Foreign Assets Control (OFAC) announced that two Iranian citizens, Ali Khorashadizadeh ...

Business 2 weeks ago

Alleged BTC-e operator goes on hunger strike to protest extradition

A former cryptocurrency exchange executive accused of using BTC to launder billions of dollars is preparing to go on hunger strike, according to statements issued by his legal team. Russian citizen Alexander Vinnik was arrested ...

Business 3 weeks ago

Zaif crypto exchange completes transfer to buyer Fisco

Japanese cryptocurrency exchange Zaif has completed the handover of its business to Fisco Cryptocurrency Exchange, just a matter of weeks after the company was hacked resulting in losses in excess of $60 million. The development ...

Tech 3 weeks ago

Major Korean energy supplier to deliver eco-friendly power via blockchain

South Korea’s leading energy provider KEPCO has turned to blockchain to help it deliver eco-friendly power through its next generation micro grid (MG), becoming the latest firm in the energy sector to utilize the technology. ...

Business 3 weeks ago

Was Tether used to prop up BTC? US wants to know

With Bitcoin Core (BTC) continuing its descent into irrelevance, the highs of near $20,000 from the end of last year feel more distant than ever. But the U.S. Department of Justice (DOJ) has cast fresh ...

Business 4 weeks ago

Crypto businesses in Isle of Man face stricter requirements

Regulators in the Isle of Man have tightened the rules around registering cryptocurrency businesses in the jurisdiction, imposing two new conditions on those seeking to register. In a revision to the Designated Businesses Act 2015, ...

Tech 4 weeks ago

McAfee Labs spots yet another Monero-mining cryptojacking malware

A new Russian malware designed to mine privacy-centric cryptocurrency Monero from unsuspecting user machines has been discovered by researchers at McAfee Labs, the latest coin mining malware to be uncovered in recent weeks. The malware, ...

Business 4 weeks ago

To fund regime, North Korea hacked crypto exchanges, ran ICOs: report

North Korea, which has described itself as a self-reliant socialist state, has been hacking cryptocurrency exchanges in South Korea as well as running ICOs to raise money, according to extraordinary reports. Following previous research from ...

Tech 1 month ago

School principals in China busted mining crypto at work

Two enterprising principals of a school in China were found to have been using school resources to mine Ethereum (ETH), according to reports emerging in local media. The principals were taken to task over the ...

Business 1 month ago

Mauritius launches new crypto custodian license

Authorities in Mauritius have set out plans for a new cryptocurrency custodian license, as part of new laws aimed at the emerging blockchain and cryptocurrency sectors. The Financial Services Commission, Mauritius chief financial regulator, set ...

Business 1 month ago

Bitfury secures $80M private placement with Korelya Capital

Cryptocurrency miner company Bitfury has announced a private placement of $80 million, the latest high growth blockchain company to draw significant support from global institutional investors. The placement was led by Korelya Capital, an investment ...

Business 1 month ago

Russia’s crypto sector appoints arbitrator to handle disputes

Russia’s cryptocurrency sector has given up waiting for legal certainty and taken regulation into its own hands, following the decision of an industry body to establish an arbitration body. The Russian Union of Industrialists and ...

Business 1 month ago

Venezuela’s Petro goes on sale

The Venezuelan Petro has officially launched this week, after being made available for fiat and crypto purchases for the first time. According to an announced posted on Twitter earlier this week by the Venezuelan Economy ...

Business 1 month ago

Australia Post partners with crypto exchanges for KYC checks

Australia Post is working with cryptocurrency exchanges to speed up KYC checks through a new proprietary digital ID service, slashing the time it takes for users to verify their new accounts. The company, which operates ...

Tech 1 month ago

China wants public input on proposals for blockchain regulation

Authorities in China have floated draft rules on blockchain projects for public consultation, in a process that is expected to run until November 2. The Cyberspace Administration of China (CAC) launched its consultation phase this ...

Business 2 months ago

UK gov’t shelves plans for Royal Mint Gold token

The UK government has pulled the plug on plans that would have seen the Royal Mint launching its own cryptocurrency, amid fears over the unregulated nature of cryptocurrency markets, Reuters reported. Previously regarded as an exciting ...

Tech 2 months ago

Nasdaq scoops patent for newswire service on the blockchain

Nasdaq has been granted a new patent for a newswire service powered by the blockchain, leveraging the benefits of distributed ledger technology to release news in a securely, timely fashion. The company, which runs stock ...

Business 2 months ago

Fancy a job in crypto? Report finds more vacancies than ever

There’s never been a better time to get a job in the cryptocurrency sector, with more vacancies than ever before, according to research published this week by employer review site Glassdoor. According to the report, ...

Business 2 months ago

Coins 4 Clothes: Canadian charity helps homelessness with Bitcoin BCH

Bitcoin BCH has never been more widely used than it is today, with merchants and consumers alike preferring the convenience and security of bitcoin transactions. But alongside its commercial applications, a number of charities are ...

Tech 2 months ago

Rwanda eyes blockchain to track conflict minerals supply chain

Rwanda is examining how blockchain technology could improve the supply chain for tantalum, amid international efforts to resolve issues around so-called conflict minerals. The metal, which is used in several types of consumer electronics, is ...

Business 2 months ago

Bitfinex restarts fiat deposits via ‘improved’ system

Embattled cryptocurrency exchange Bitfinex has reinstated fiat deposits, claiming its new system is much “improved” following significant user problems at the exchange in recent times. The development follows on from the firm’s decision to suspend ...

Business 2 months ago

ICO falsely claiming SEC approval faces lawsuit

The Securities and Exchange Commission (SEC) has won the backing of a U.S. court to halt an initial coin offering (ICO) that has been making wild claims about its regulatory status. In the latest example ...

Business 2 months ago

Embattled crypto exchange Zaif lays out plan for customer financial support

The embattled Japanese cryptocurrency exchange Zaif has published its plan for customer financial support, in the wake of a hack that cost the firm losses of up to JPY6.7 billion ($59.7 million). The attack resulted ...

Business 2 months ago

Coinfloor, UK’s first crypto exchange, lays off staff: report

Coinfloor, the UK’s oldest cryptocurrency exchange, is to lay off staff following the announcement of a slew of redundancies at the firm this week, Financial News reported. Founded in 2013, Coinfloor is considered to be ...

Tech 2 months ago

Shipping giant teams up with IBM to put ‘Bill of Lading’ on blockchain

Pioneering tech firm IBM has reached an agreement with one of Singapore’s leading shipping companies, Pacific International Lines (PIL), over a blockchain solution that seeks to simplify Bill of Lading documentation. The crucial shipping document, ...

Business 2 months ago

Brazilian crypto exchanges face ultimatum—complete gov’t survey or pay fines

The Administrative Council for Economic Defense (CADE), Brazil’s antitrust regulator, has served cryptocurrency exchanges under its jurisdiction with an ultimatum—complete a questionnaire by October 19, or risk a fine of up to $25,000. According to ...

Business 2 months ago

Yet another stablecoin makes its debut via London Block Exchange

A UK-based cryptocurrency exchange has launched a new stablecoin pegged to the pound sterling (GBP), the latest in a series of similar cryptocurrencies to pair one-to-one with fiat currencies. Launched by London Block Exchange, the ...

Tech 3 months ago

Chinese state bank issues $1.3B mortgages on blockchain

The Bank of Communications, a bank owned by the Chinese government, has successfully issued mortgage-backed securities worth over $1.3 billion on infrastructure powered by blockchain. In one of the biggest moves of its kind to ...

Business 3 months ago

US securities regulator chases enforcement against PlexCoin promoters

The U.S. Securities and Exchange Commission (SEC) has petitioned a court in New York for enforcement action against two individuals over their involvement in the “fast-moving” PlexCoin ICO investment scam. Following investigations into the affair, ...

Business 3 months ago

Bakkt platform’s first offering? Physical crypto futures

Intercontinental Exchange (ICE), the company behind the New York Stock Exchange and startup crypto platform Bakkt, has announced its first product for the Bakkt platform—physical crypto futures. The crypto futures, mainly in BTC, will be ...

Business 3 months ago

Credit card giants hit with $6.2B price fixing suit

Credit card giants Visa and Mastercard have often been accused of price fixing by disgruntled merchants. Now, the firms are prepared to settle on a class action lawsuit, which looks set to cost them over ...

Tech 3 months ago

Researchers discover new crypto malware-killing botnet

A new botnet which sets out to specifically kill a type of crypto mining malware has been discovered by security researchers at Qihoo 360Netlab. Known as Fbot, the botnet appears to be based on derivative ...

Business 3 months ago

Nasdaq makes $190M offer for Swedish crypto trading provider Cinnober

Nasdaq is set to acquire Sweden-based trading solutions provider Cinnober, in a deal that could see the stock exchange move into helping institutional investors gain access to new opportunities around cryptocurrency. The move, announced last ...

Business 3 months ago

Morgan Stanley planning crypto trading launch: report

Major global investment bank Morgan Stanley is planning to launch trading in crypto swaps for its clients, according to reports. First reported in Bloomberg, the news comes from people familiar with the matter, and suggests ...

Tech 3 months ago

Over 90% of altcoins use ‘plagiarized code,’ Chinese researchers find

A report into altcoins has found as many as 90% rely on plagiarized code, with at least 80% of code directly copied from other projects. The startling figures were unveiled in a report published by ...

Business 3 months ago

IMF advises Marshall Islands against using crypto as legal tender

The International Monetary Fund (IMF) has cautioned against plans to issue cryptocurrency as a form of legal tender in the Republic of the Marshall Islands, in response to a consultation process launched by the central ...

Tech 3 months ago

Chinese city tracks ex-convicts on parole with blockchain

The Chinese city of Zhongshan has turned to blockchain to devise a system of tracking ex-convicts on parole, in what is being described locally as an exciting innovation for community correction. According to local media ...

Business 3 months ago

Malaysia’s securities regulator shuts down celebrity beauty ICO

The chief securities regulator in Malaysia has called an immediate halt to trade in the Lavidacoin (LVC), a cryptocurrency recently launched by one of the country’s foremost beauty gurus. The Securities Commission of Malaysia announced ...

Tech 3 months ago

Crypto miners in Washington State face 50% energy premium

Cryptocurrency miners in central Washington State can expect to pay as much as 50% more on the energy bills, after a ruling from public utility commissioners in one district. Commissioners at the Grant County public ...

Business 3 months ago

CheapAir falls victim to BTC extortion scheme

Online travel company CheapAir has become the latest company to fall victim to a BTC extortion scam, after threats of a campaign of disruption and defamation at the hands of cyber criminals. According to reports, ...

Business 4 months ago

Canada postpones plans for crypto regulation until late 2019

Canada’s government has postponed plans for new regulations around cryptocurrency and blockchain technology, with final proposals not due to be published until late 2019, according to reports. The move coincides with the shift in the ...

Business 4 months ago

Lloyd’s of London quietly begins underwriting crypto insurance

Prestigious insurance marketplace Lloyd’s of London has begun supporting cryptocurrency insurance for the first time, despite remaining quiet on the details. The news broke with an announcement from Kingdom Trust, which holds over 30 cryptocurrencies ...

Business 4 months ago

Embattled crypto exchange Bithumb posts $35M profit in H1 2018

South Korean cryptocurrency exchange Bithumb ran up first half profits of $35 million, ten times smaller than profits for the previous accounting year, in the wake of a high-profile hack on the exchange in June. ...

Editorial 4 months ago

The attack continues: Vitalik Buterin wants BCH community to ‘ostracize’ Craig Wright

Another day, another chance for Vitalik Buterin to attack Dr. Craig Wright. This week, the Ethereum founder went on Twitter urging the Bitcoin Cash (BCH) community to make a stand against the nChain chief scientist, ...

Tech 4 months ago

UEFA successfully trials Super Cup ticketing on blockchain

European football’s governing body UEFA has hailed a recent blockchain ticketing trial a success, following its use during this month’s Super Cup fixture between Real Madrid and Atlético Madrid. UEFA used blockchain technology to distribute ...

Business 4 months ago

Hong Kong energy firm punts on blockchain amid huge crypto losses

A publicly-traded energy firm in Hong Kong has announced a rebrand as part of plans to focus on cryptocurrency, despite reporting huge trading losses from their involvement in digital assets to date. Global Energy Resources ...

Business 4 months ago

Pantera launches third crypto fund with over $71M already committed

Blockchain investment firm Pantera Capital has announced it has raised $71 million for its latest cryptocurrency fund, the third fund of its kind to be launched by the company. According to the details of a ...

Business 4 months ago

High Times snubs BTC in its public offering

Contrary to earlier reports, High Times Holding Corp. will refuse offers in BTC during its initial public offering (IPO), according to documents filed with the U.S. Securities and Exchange Commission this week. The company, which ...

Business 4 months ago

Journalist discovers empty KuCoin offices in HK, warns of possible exit scam

Fresh doubt has been cast on the business practices of cryptocurrency exchange KuCoin, after a journalist in Hong Kong found the firm’s offices were empty. Writing a post on Medium titled, “WARNING: KuCoin’s Hong Kong ...

Business 4 months ago

DISH TV adds Bitcoin BCH support via BitPay

Subscription TV service DISH has become the latest merchant to embrace Bitcoin Cash (BCH) as a payment option, following an integration with cryptocurrency payment service BitPay. BitPay becomes the main cryptocurrency payment processor for DISH, ...

Business 4 months ago

Thailand reports strong early demand for crypto exchange, ICO licenses

Cryptocurrency exchanges are welcoming a new wave of regulated licensing structures, with several jurisdictions around the world now recognising the benefits of offering licenses to cryptocurrency businesses. Thailand released their licensing system for cryptocurrency exchanges ...

Tech 4 months ago

Bettergram launches as Telegram for crypto

Bettergram, a desktop version of the Telegram messaging service for Mac users, has become the latest app to offer dedicated features for the cryptocurrency space, as it aims to challenge the core Telegram app as ...

Business 4 months ago

Maerki Baumann breaks ranks to offer Swiss crypto firms banking access

Swiss banking group Maerki Baumann has become only the second bank in Switzerland to extend services to the cryptocurrency sector, providing much-needed access to banking services for crypto businesses operating in the country. The private ...

Business 4 months ago

Bitcoin BCH ready to challenge PayPal, VISA in payments

Bitcoin Cash (BCH) is positioning itself as a challenger to the likes of PayPal and VISA in payments, as it celebrates the one-year anniversary of the rebirth of Bitcoin on the original blockchain, according to ...

Business 4 months ago

Failure to renew bank contract forces Bithumb to halt new account openings

One of South Korea’s biggest cryptocurrency exchanges has said it will stop issuing new real-name accounts from August, following its failure to reach an agreement on a contract renewal with NH Nonghyup Bank. Bithumb has ...

Business 4 months ago

Regulation veteran Jeff Horowitz to oversee Coinbase crypto compliance

Coinbase has appointed Jeff Horowitz as chief compliance officer, as the cryptocurrency exchange and wallet firm moves increasingly towards expansion into regulated markets. Horowitz brings extensive experience to Coinbase, after a lengthy career in mainstream ...

Tech 5 months ago

Andreas Brekken takes on Lightning Network, finds routing errors, wallet bugs

The much-hyped Lightning Network is “impractical” and “suffers from routing errors and wallet bugs,” according to the findings of a study done on the network. Andreas Brekken of Shitcoin.com has been testing the Lightning Network ...

Business 5 months ago

Skrill becomes latest payment service to support Bitcoin

Online payments service Skrill has become the latest service of its kind to support bitcoin, following an announcement posted to the company’s website. From July 25, Skrill will allow its users to buy and sell ...

Tech 5 months ago

Build Bitcoin Cash apps with Bitcoin.com developer tools

Bitcoin.com has launched a suite of new tools and resources aimed at demystifying the process of developing apps on Bitcoin Cash (BCH). Their new online portal, at developer.bitcoin.com, offers five separate tools for developers, alongside ...

Tech 5 months ago

Colored coin revival for Bitcoin BCH presents array of new use cases

Colored coins were a hot topic in the early days of Bitcoin, prior to the rise of second layers. Now, colored coins are making a comeback with Bitcoin Cash (BCH), sparking a range of utility ...

Tech 5 months ago

Bitmain doubles down on Israel development center

Chinese crypto mining giant Bitmain is recruiting an additional 40 staff at its Israel development center, as the company doubles down on its research and development activities, Israeli business news outlet Globes reported. The expanded ...

Business 5 months ago

Twitter says it’s banning scammers, so why are ETH bots still running amok?

Twitter is on a banning spree, deleting fraudulent accounts in the millions. Yet there are still a significant number of Ethereum (ETH) scammers running fake and lookalike accounts on the platform. Scammers often use accounts ...

Business 5 months ago

Euro-backed ‘stablecoin’ EURS launched in Malta

A Malta-based tokenization platform startup has announced the launch of a new stablecoin, backed pound for pound by the Euro, in one of the first cryptocurrencies of its kind to be pinned to a major ...

Business 5 months ago

3 crypto startups score landmark CEZA licenses in the Philippines

The Cagayan Economic Zone Authority (CEZA), which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), has granted provisional licenses to three cryptocurrency exchanges—in a move that is expected to lead to investment of up ...

Business 5 months ago

UK’s FCA accepts 29 crypto startups to regulatory sandbox

The UK’s Financial Conduct Authority (FCA) has accepted 29 companies into cohort 4 of its regulatory sandbox, designed to create a safe space for innovation in crypto assets. The regulator, known to be keen on ...

Business 5 months ago

Israeli exchange Bits of Gold agrees to snitch on big crypto traders

An Israeli cryptocurrency exchange has agreed to join forces with the country’s tax authorities in referring on the details of large traders, according to local reports. Bits of Gold, the Tel Aviv exchange with over ...

Business 5 months ago

Zebpay shuts down fiat services as India’s crypto ban looms

Indian cryptocurrency exchange Zebpay has halted deposits and withdrawals in Indian rupees, ahead of the pending central bank ban on cryptocurrency businesses that came into force on Thursday. One of the biggest exchanges in the ...

Tech 5 months ago

OP_RETURN database BitDB paves way for decentralized Bitcoin BCH apps

A developer has released his latest project this week, an on-chain database for OP_RETURN transactions on the Bitcoin Cash (BCH) blockchain. BitDB.network is the latest project from prolific developer Unwriter, and joins a series of ...

Business 6 months ago

Trade Bitcoin BCH, other cryptos with LINE’s BitBox exchange

App developer LINE Corporation is moving into the cryptocurrency space with its new BitBox platform, launching in July. The Tokyo-based firm, notable for its messaging apps as well as a host of other products, unveiled ...

Tech 6 months ago

‘Cash’ is the new dotcom: More apps are built on Bitcoin BCH chain

Since the Bitcoin Cash (BCH) network was upgraded in May to add a host of new technical features, a number of new apps have sprung up using the resurrected OP_Codes and updated OP_Return transactions. Developers ...

Tech 6 months ago

New tipping app for Github is powered by Bitcoin Cash

Bitcoin Cash (BCH) developers have recently launched a new application for tipping registered users of the Github website. The popular Github service has become the home to many developers’ codes throughout the years, enabling global ...

Business 6 months ago

Crypto trading app Robinhood eyes US banking license

Commission-free trading platform Robinhood Markets Inc. is reportedly in talks with regulators in the United States to secure a license allowing it to offer a broader range of products, including savings accounts and other traditional ...

Business 6 months ago

Philippine bank brings blockchain remittance service to Japan

Philippines-based Rizal Commercial Banking Corp. (RCBC) is launching a new remittance service aimed at the overseas Filipino workers (OFWs) demographic in Japan. The project, in collaboration with two other Japanese banks, will allow for faster ...

Tech 6 months ago

Multiplayer bets, auctions: On-chain betting Chainbet gets new add-ons

On-chain betting protocol Chainbet has unveiled a raft of new features, including dice rolls, multiplayer bets and auctions, pioneered by OpenBazaar’s Chris Pacia. Originally created by developer and Electron Cash wallet founder Jonald Fyookball, Pacia ...

Business 6 months ago

Legal challenge to CFTC may set precedent for crypto regulations in US​

A pending legal challenge to the authority of the U.S. Commodity Futures Trading Commission (CFTC) could establish a new precedent for the regulator’s oversight of cryptocurrency markets. The legal challenge concerns a relatively unknown cryptocurrency, ...

Tech 6 months ago

China’s JD.com prepares for asset-backed securities on blockchain

Chinese ecommerce giant JD.com has announced it is planning to launch asset-backed securities (ABSs) powered by blockchain, in the latest move of its kind to power investment products through distributed ledger technology (DLT). Issued by ...

Tech 6 months ago

Pocket-sized Keywallet Touch wallet utilizes FIDO U2F, NFC

South Korean financial firm Keypair has started offering a pocket-size cryptocurrency wallet resembling a standard credit card, the latest in a series of hardware wallets launched in recent months. Known as the Keywallet Touch, the ...

Business 6 months ago

Coinbase ‘on track’ to US regulatory nod for crypto securities listing

Cryptocurrency wallet and exchange service Coinbase has announced they are on track for regulatory approval in the United States, which would see the firm operating as a fully-compliant broker-dealer. Pending final approval from regulators, Coinbase ...

Tech 6 months ago

Fujitsu rolls out blockchain loyalty rewards for retail sector

Japanese technology firm Fujitsu has launched a new loyalty points system aimed at the retail sector and powered by the blockchain, in its latest bid to develop commercial use cases for the technology. On its ...

Business 6 months ago

OKEx debuts new cryptocurrency index fund

Cryptocurrency trading exchange OKEx has launched its cryptocurrency index fund, becoming the latest major player to launch a fund of this kind. The fund, known as OK06ETT, made its debut on Tuesday, allowing investors to ...

Editorial 7 months ago

Why risk-reward proposition is growing for Bitcoin Cash

The creator of Electron Cash, Jonald Fyookball, has made his views on Bitcoin Cash (BCH) perfectly clear in the past. Now, he has written at length about the risks and rewards of Bitcoin BCH, relative ...

Business 7 months ago

Top court seizes $1.4M in BTC in South Korean criminal trial

The Supreme Court of South Korea has ruled that cryptocurrencies are eligible for confiscation in enforcement action against criminals, paving the way for the seizure of some $1.4 million in a high-profile child pornography case. ...

Business 7 months ago

Alabama regulators ‘crypto sweep’ 5 firms over fraud claims

The Alabama Security Commission (ASC) has sent cease and desist letters to five cryptocurrency companies suspected of violating securities laws, as part of a wider crackdown known as ‘Operation Crypto-Sweep.’ The letters have targeted five ...

Tech 7 months ago

Rick Falkvinge brings clarity to Bitcoin debate with ‘Rick Reacts’

The debate between supporters of the Bitcoin Core (BTC) coin and proponents of Bitcoin Cash (BCH) continues to divide the cryptocurrency community. Aggressive mudslinging, particularly from BTC supporters online, has created an environment of hostility ...

Business 7 months ago

Overstock’s tZero announces regulated exchange for token sales

Online retail giant Overstock has announced plans for a regulated exchange for token sales, via its blockchain subsidiary tZero (t0). Announced in partnership with Box Digital Markets, t0 is now pursuing approval from the U.S. ...

Business 7 months ago

Luxury crypto concierge The White Company starts accepting Bitcoin Cash

The White Company, a luxury cryptocurrency concierge service, has announced they are now accepting Bitcoin Cash (BCH), becoming the latest company to appreciate the unique benefits of BCH. The New York based company, which is ...

Business 7 months ago

Bitfinex orders select customers to submit tax details

Cryptocurrency exchange Bitfinex has told customers they must submit details of their tax affairs, which will be retained and ultimately shared with tax authorities around the world. The exchange, which has traditionally been known for ...

Business 7 months ago

Azerbaijan becomes latest country to tax cryptocurrency revenues

Azerbaijan has become the latest country to announce measures taxing revenues from cryptocurrency-related operations, joining numerous other jurisdictions in applying a levy to crypto received. Nijat Imanov, deputy director general of tax policy at the ...

Business 7 months ago

Thomson Reuters’ new tracker brings real-time data for 6 cryptos

Data company Thomson Reuters has announced a new cryptocurrency tracker, providing access to real-time price information for six leading cryptocurrencies. The crypto data feed, to be known as ‘Cryptocurrency Real Time Rates,’ draws price information ...

Tech 7 months ago

Electrum calls out copycat site Electrum Pro for ‘bitcoin-stealing malware’

The well-regarded BTC wallet service Electrum has revealed that hackers have cloned their service, setting up a copycat site designed to scam unsuspecting users out of their cryptocurrency. Electrum, which operates its official website on ...

Tech 7 months ago

BTC network 3X more ‘evil’ than the Internet, researchers find

A new report examining malicious activity on the BTC Core blockchain has found a large number of exploits being shared between nodes across the network, and concluded that BTC was ‘3x more evil than the ...

Business 7 months ago

European cryptocurrency brokers appeal for transparent regulation

Calls for regulation in the cryptocurrency space are nothing new. Regulators, governments and financial commentators regularly advocate for more control, and a greater degree of regulatory oversight at a time of ever-increasing interest in the ...

Business 7 months ago

South Korean lawmakers to champion legalised ICOs

South Korea has been on the frontline of ICO regulation in recent months, following the decision of lawmakers there to outlaw initial coin offerings, as part of a wider crackdown on activities within the cryptocurrency ...

Tech 7 months ago

Edit wars prompt Bitcoin Cash Wiki page lockdown

The debate over the identity of Bitcoin has intensified in recent weeks, with BTC Core supporters resorting to trolling Bitcoin Cash (BCH) on Wikipedia in their latest attempts to claim exclusive ownership of the Bitcoin ...

Business 8 months ago

Iranian government outlaws Telegram app

Authorities in Iran have outlawed use of and access to the Telegram messaging app, citing concerns over its potential for stoking civil unrest as well as the potential economic harms of its cryptocurrency. According to ...

Business 8 months ago

Malta green lights new cryptocurrency bill

Malta’s cabinet has given the go-ahead to three separate bills relating to blockchain technology and cryptocurrency, including measures that would introduce a framework for regulating cryptocurrencies and initial coin offerings (ICOs). Amongst the three bills, ...

Tech 8 months ago

MyEtherWallet falls victim to DNS attack

Client-facing Ethereum wallet MyEtherWallet has become the latest victim of a DNS attack. Users of the service reported missing funds, which have been confirmed by third party sources, as a result of the hijacking of ...

Business 8 months ago

Arrests made in $13M Chinese crypto pyramid scam

Authorities in China have arrested four people in the city of Xi’an in connection with a suspected cryptocurrency pyramid scam, according to local media reports. The arrests were made over allegations that the scheme had ...

Tech 8 months ago

Developer’s toolkit for Bitcoin Cash continues to grow

The Bitcoin Cash (BCH) community has seen increasing development activity in recent months, coinciding with rapid development in the technical infrastructure underpinning BCH—the true remaining Bitcoin as envisioned by the Satoshi Nakamoto whitepaper. The cryptocurrency ...

Tech 8 months ago

Censorship-free social network Memo is built on Bitcoin Cash

Memo, an on-chain social network developed on the Bitcoin Cash (BCH) blockchain, has launched in alpha testing this week. Developed on the Bitcoin BCH network, the application allows the recording and storage of data on ...

Business 8 months ago

Cryptocurrency is ‘Shariah compliant,’ study finds

Cryptocurrencies are compatible with Shariah law in most cases, except where they are banned by local laws, according to the findings of a study published this week. The 22-page document, which was prepared by Indonesia’s ...

Tech 8 months ago

Skycoin proposes blockchain solution, but does it understand the problem?

The difficulties with SegWit and scalability have been well documented, with the resulting transactional congestion now almost universally accepted as a problem that must be overcome. The latest protocol claiming to offer the solution comes ...

Editorial 8 months ago

Instead of ‘Cash,’ use Bucks, Beans and Bits for Bitcoin BCH

A co-founder of the Tokyo Bitcoin Cash Meetup event has come up with a new suggestion for referring to fractions of Bitcoin Cash (BCH), in place of the current designation ‘bits.’ Ken Shishido made the ...

Editorial 8 months ago

Stop the FUD, there’s no child porn on blockchain

Blockchain and cryptocurrency enthusiasts might have been disturbed by recent reports claiming there is child pornography on the Bitcoin (BTC) blockchain, and suggesting that those downloading the blockchain could unwittingly fall foul of the law. ...

Tech 8 months ago

New Bitcoin Core algorithm seeks to ‘tidy up’ coin selection code

Coin selection, one of the key technical processes for facilitating Segwit-Coin BTC payments, looks set for a major overhaul, as part of ongoing attempts to reduce transaction fees. On Monday, CoinDesk reported that a new algorithm called ...

Tech 9 months ago

Ford files patent for car-to-car cryptocurrency technology

US automotive giant Ford has become the latest major player to file for a patent relating to cryptocurrency and blockchain technology, according to reports. Published on Tuesday, the Ford patent is designed to protect a ...

Tech 9 months ago

Snowden papers: NSA is tracking Bitcoin users

The U.S. National Security Agency is tracking users of cryptocurrency like Bitcoin worldwide, going beyond public systems to capture personal details, such as IP and billing addresses. Disclosed for the first time this week, the ...

Business 9 months ago

G20 finance leaders push for cryptocurrency asset monitoring

Finance leaders across the world’s 20 largest economies are expected to recommend greater measures for cryptocurrency asset monitoring to be adopted by international standards bodies, citing concerns over the impact of virtual currencies on the ...

Business 9 months ago

Grayscale rolls out crypto investment trusts for BCH, ETH, LTC, XRP

Grayscale Investments has unveiled four new cryptocurrency investment trusts for Bitcoin Cash, Ether, Ripple, and Litecoin, providing new opportunities for mainstream investors in the cryptocurrency space. Michael Sonnenshein, managing director at Grayscale Investments, confirmed the ...

Business 10 months ago

EU, 35 countries agree revisions for global cryptocurrency markets

The European Commission and 35 additional countries have asked the body responsible for setting international anti-money laundering measures to revise its standards for the cryptocurrency space, in one of the first cross-border regulation drives of ...

Tech 10 months ago

Tesla becomes latest victim of ‘cryptojackers’

Elon Musk’s electric vehicle company, Tesla, has become the latest company to fall victim to hackers looking to mine cryptocurrency, according to a new report. The Palo Alto-based company was uncovered as a victim of ...

Business 10 months ago

US corporate investors shut out of Bitfinex margin trading

Corporate investors in the United States reported difficulties accessing Bitfinex’s margin trading facility, in the wake of news that the exchange was shutting margin services for individual investors. According to comments posted from several corporate ...

Business 10 months ago

Canadian regulator calls on Google to ban cryptocurrency, ICO ads

A senior Canadian financial regulator has voiced support for the decision of Facebook to ban advertisements for cryptocurrencies and ICOs, and called for Google to do the same. Noting that regulators were ‘very pleased’ with ...

Business 11 months ago

Venezuela sets date for petro token sale launch

Venezuela has set a date for the launch of its new national cryptocurrency, the petro, in one of the first mainstream moves of its kind. Announced on Wednesday by President Nicolas Maduro, the petro will ...

Business 11 months ago

South Korean crypto exchanges hit with $130K privacy fines

South Korea's information regulator has issued substantial fines to a number of cryptocurrency exchanges on Wednesday, following investigations into alleged breaches of data protection. The Korea Communications Commission, which is tasked with overseeing enforcement of ...

Business 11 months ago

BitConnect shuts down exchange, lending platform

The team behind cryptocurrency company BitConnect announced they have closed down the exchange and lending platform, in the wake of early action from regulators. Following the issuance of two cease and desist letters to the ...

Business 11 months ago

South Korea mulls joint crypto regulatory approach with Japan, China

The South Korean government is considering adopting a joint regulatory approach to cryptocurrencies with Japan and China, in a move that would create the first regional harmonization of laws surrounding cryptocurrencies. This week, financial regulators ...

Tech 11 months ago

China plans energy restrictions for Bitcoin miners

Authorities in China are reportedly planning to throttle power supplies to bitcoin miners, a move that could have serious ramifications for the mining industry there. The People’s Bank of China set out its plans yesterday ...

Tech 11 months ago

How to move eCommerce to bCommerce

More consumers are going to the web for most of their shopping. That’s a wakeup call for retailers, who need to find fast, reliable, and low-fee payment systems to meet the demands of their customers. ...

Business 12 months ago

SegWit Bitcoin could be worthless, says Morgan Stanley

The last few weeks have seen spectacular ups for SegWit1x (BTC), capped with a notable down, as prices finally corrected with the launch of BTC futures. But according to one analyst at Morgan Stanley, the ...

Business 12 months ago

Deutsche Boerse considers European BTC futures

German exchange Deutsche Boerse has announced plans that could see SegWit1x (BTC) futures traded on European exchanges for the first time, following the launch of futures trading on two U.S. exchanges. The Frankfurt-based exchange group ...

Business 1 year ago

South Korea reviewing crypto tax as markets continue to heat up

South Korean authorities have announced they are considering introducing a tax on capital gains from cryptocurrencies, as markets continue to gather pace worldwide. The announcement was made following an emergency meeting of lawmakers on Wednesday ...

Business 1 year ago

South Korea to regulate virtual currencies

The South Korean government is set to regulate virtual currencies like SegWit1x (BTC), following the establishment of a new task force to examine the market. According to reports in local media, Moon Jae-in’s government has ...

Business 1 year ago

American Express launches first transatlantic blockchain payments corridor

Financial services giant American Express has made blockchain history today, following the announcement of their successful launch of the first transatlantic payments corridor to be built on blockchain. The model, which functions on the Ripple ...

Business 1 year ago

Mastercard files for instant payment blockchain patent

Mastercard has become the latest multinational payments company to explore blockchain patents, after their most recent application was published. Unveiled last week by the U.S. Patents and Trademark Office, the filing demonstrates how Mastercard are ...

Business 1 year ago

European Central Bank ‘not ignoring’ cryptocurrency

A representative of the European Central Bank has confirmed the bank is not ignoring cryptocurrencies, despite moves elsewhere in the world to more readily embrace the technology. Benoît Cœuré, an executive board member at the ...

Tech 1 year ago

US Government Labs exploring Blockchain Tech for energy

A US government research laboratory has announced it is investigating blockchain technology with a view to developing an application to manage smart power grids, in a move that could become increasingly more common across government ...

Business 1 year ago

Blockchain startup Bloq to launch new cross-chain coin

Blockchain startup Bloq, which provides enterprise services to companies looking to develop on the blockchain, has unveiled a new cryptocurrency which it says will operate cross-chain. Fronted by controversial blockchain commentator Jeff Garzik, the new ...

Tech 1 year ago

Bank of America to file blockchain patent for file processing system

Bank of America has become the latest corporate giant to mobilise behind blockchain technology for use in their core business. The banking conglomerate has announced it is in the preparatory stage of investigating a file ...

Business 1 year ago

Bernanke highlights ‘Obvious’ role for blockchain in payments

Blockchain technology is already reshaping financial services, with developers worldwide working tirelessly to trial new applications and use cases throughout the industry. Analysts view financial services, including payments and intrabank settlement, to be amongst the ...

Tech 1 year ago

Fujitsu teams up with banks for blockchain money transfer PoC

IT heavyweights Fujitsu have announced a partnership with three major banks, in plans to trial a new system for peer-to-peer money transfer on blockchain. The Japanese IT company announced the collaborative project alongside Sumitomo Mitsui ...

Business 1 year ago

Templum announces another regulated ICO exchange

Blockchain startup Templum has announced a new regulated ICO exchange, following from the launch of Overstock’s ATS announced a matter of days ago. Templum has partnered up with broker-dealer firm Liquid M Capital to launch ...

Business 1 year ago

Nigerian Central Bank preparing cryptocurrency white paper

The Nigerian central bank has announced it is preparing a new research paper into cryptocurrencies and the blockchain, as it becomes the latest central bank to examine the technologies more closely. According to media reports ...

Business 1 year ago

Brazilian Central Bank Announces Blockchain Settlement Proof-of-Concept

The central bank of Brazil has become the latest global banking authority to announce its intentions to pilot new technology on the blockchain. Banco Central do Brasil made the announcement public in its latest research ...

Business 1 year ago

Luno concludes $9 million Series B funding round

Bitcoin startup Luno has become the latest high profile investment success, completing a Series B funding round that raised a further $9 million for the company. Led by the team at London-based VC firm Balderton ...

Business 1 year ago

Report Highlights North Korean Threat to South Korean Crypto Exchanges

North Korea is actively targeting cryptocurrency exchanges in South Korea, in a bid to steal digital currency and undermine their enemy’s cryptocurrency infrastructure, according to a report published this week. The rogue state, which is ...

Business 1 year ago

Bank of Finland Highlights ‘Revolutionary’ Impact of Bitcoin

Finland’s central bank, the Bank of Finland, has become the latest monetary authority to highlight the opportunities inherent in bitcoin, crediting the currency’s ‘revolutionary’ potential. A paper published by researchers at the bank looked at ...

Tech 1 year ago

Maersk Announces New Maritime Insurance Model on Blockchain

Danish shipping conglomerate Maersk has become the latest major company to propose a blockchain solution, in this case seeking to apply distributed ledger technology to the maritime insurance use case. The company, one of the ...

Business 1 year ago

Kik Concludes $50 million Funding Deal Ahead of ICO

Mobile messaging service Kik has concluded a fundraising drive worth $50 million, ahead of the public launch of its Kin token in the forthcoming ICO. Kin tokens were issued to a group of private equity ...

Tech 1 year ago

MGT Capital Secures $2.4 Million Funding for Bitcoin Mining Expansion

Cybersecurity and bitcoin mining company MGT Capital has announced the completion of a $2.4 million funding drive, in a move that will help the firm grow its bitcoin mining operations. The funding came from an ...

Business 1 year ago

Credit Suisse Plans Blockchain Loans Launch for 2018

Banking giant Credit Suisse is planning to launch its syndicated loans platform on the blockchain in 2018, in a move that would see the technology deployed in a commercial setting. The news comes off the ...