March 8, 2019 @ 7:49 pm By Cali Haan  |  

Expert panelists have informed the UN Security Council’s North Korea Sanctions Committee that the tiny country has been hacking global cryptocurrency trading platforms to obtain capital, Nikkei Asian Review reports. This is the first time the panel has addressed the UN Security Council regarding cyberattacks… Read More

March 8, 2019 @ 7:08 pm By Cali Haan  |  

The town council of Plattsburgh, New York, has voted 5-1 to lift a year-old moratorium prohibiting any new cryptomining operations from setting up within town limits, Midday Magazine reports. The moratorium was established in March of last year after cold temperatures and crypto-mining consumption exhausted… Read More

March 8, 2019 @ 7:04 pm By Cali Haan  |  

NYU Professor of Economics Nouriel Roubini, crypto’s favourite foil, has once again called out the cryptocurrency phenomenon and the “fanatics” behind it in an in-depth interview in the CFA (Chartered Financial Advisor) Institute’s Enterprising Advisor publication. Roubini, who has been dubbed ‘Dr. Doom’ for his… Read More

March 8, 2019 @ 9:02 am By Cali Haan  |  

The Canada Revenue Agency (CRA) has confirmed with Forbes that it is actively auditing over 60 cryptocurrency users/traders considered “highest risk files.” The media outlet also claims that “multiple sources” have confirmed they are the subject of the audits, which involve having to fill out… Read More

March 8, 2019 @ 8:41 am By Cali Haan  |  

Jennifer Robertson, the wife of Gerald Cotten, the deceased founder of Canadian crypto exchange QuadrigaCX, has asked a Canadian court to reimburse her for $300,000 in costs she incurred by filing for creditor protection, Bloomberg reports. Robertson filed for creditor protection in late January after… Read More

March 8, 2019 @ 3:00 am By Cali Haan  |  

TASS is reporting this week that Russia’s Commissioner for Human Rights, Tatyana Moskalkova, has asked the UN High Commissioner for Human Rights, Michelle Bachelet, “to facilitate the extradition of Russian Alexander Vinnik from Greece to Russia.” Vinnik has been being held by Greek authorities since… Read More

March 8, 2019 @ 1:05 am By Cali Haan  |  

The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning against a Bulgarian firm, “…claiming to be an FCA-authorised firm offering cryptocurrencies to UK consumers.” The FSA says the company is illegal and has been soliciting UK investors via email containing various… Read More

March 8, 2019 @ 1:00 am By Cali Haan  |  

The French National Assembly’s Finance Committee has issued a report on cryptocurrency and blockchain sectors in the country. The report’s introduction is written by Committee president Eric Woerth, who urges the country to continue refining regulations governing the sector. He also argues against promoting cryptomining… Read More

March 6, 2019 @ 11:35 pm By Cali Haan  |  

1Broker, a Marshall Islands-registered company with a CEO based in Austria, has announced it has settled lawsuits filed against it by the US Securities regulators, the SEC and CFTC: “We are pleased to let you know that we settled the two lawsuits without admitting or… Read More

March 6, 2019 @ 1:06 pm By Cali Haan  |  

In its latest “Strategic Alliance Bulletin,” auditing firm PwC (formerly-known-as PricewaterhouseCoopers) has countered the sanguine narratives in crypto by stating unequivocally: “Cryptocurrency has increasingly been associated with serving criminal and nefarious purposes, rather than supporting the decentralisation of ‘traditional’ currency.” That said, the company does… Read More

March 6, 2019 @ 9:52 am By Cali Haan  |  

US-based cryptocurrency exchange Coinbase, whose recent acquisition of Italian digital surveillance specialist Neutrino sparked a #DeleteCoinbase campaign on Twitter late last week, is taking pains to distance itself from the controversy- in part by firing key staff at Neutrino. Critics are angry that Coinbase acquired… Read More

March 6, 2019 @ 9:50 am By Cali Haan  |  

A North London photographer on his way to work last Friday morning was surprised to find a bright purpled Lamborghini crashed into a ditch, ABC Australia reports. The $500 000 car was reportedly banked adjacent to the training grounds of the Tottenham Hotspur soccer team,… Read More

March 5, 2019 @ 11:59 pm By Cali Haan  |  

Bloomberg has reported that banking for cryptocurrency investment firms and trading platforms continues to be challenging, but absent from the article is a clear articulation of what innovation and value crypto really brings. The article also does little to interrogate the notion of “crypto assets.”… Read More

March 2, 2019 @ 7:44 pm By Cali Haan  |  

Games.eos, a “Top 21” staker (“block producer” or “most efficient miner”) of the newer cryptocurrency network EOS, failed to update their blacklist of hacked EOS accounts recently, and left the door open for a hacker to drain $7.7 million USD in EOS tokens from a… Read More

March 2, 2019 @ 7:42 pm By Cali Haan  |  

Owners of the Kraken cryptocurrency trading platform are offering a $100 ooo USD reward for information that may help recover $190 million USD in funds lost by the Canadian crypto platform QuadrigaCX. Quadriga CX fell apart in January following the untimely death of CEO Gerald… Read More

March 1, 2019 @ 2:52 pm By Cali Haan  |  

Wong Ching-kit, 25, known on social media as ‘Coin Young Master,’ and a 20-year-old accomplice, have been arrested in Hong Kong by officers from the Commercial Crime Bureau, South China News reports. They have reportedly been charged with conspiracy to defraud for selling cryptocurrency ‘mining… Read More

March 1, 2019 @ 2:49 pm By Cali Haan  |  

Traditionally, cyber extortions have mainly been executed via exposure threats (“pay a cryptocurrency ransom or be embarrassed”), threats of cyberattack (denial of service), or the deployment of ransomware to lock up data, says “digital risk protection firm” Digital Shadows in its latest report, “Tale of Epic… Read More

March 1, 2019 @ 11:38 am By Cali Haan  |  

Entrex Capital Market has announced that it has created, “a nationwide capital market system that helps investors and advisors find, research, track, manage and trade securities of private companies and funds within opportunity zones.” The release from Entrex states that their new program could help drive… Read More

March 1, 2019 @ 3:23 am By Cali Haan  |  

The Japan Times is reporting that the National Police Agency of Japan says it received 7000 reports of possible money laundering using cryptocurrencies in 2018. The represents a ten-fold jump in the number of reports submitted before December 2017, when Japan made it mandatory for cryptocurrency… Read More

March 1, 2019 @ 1:19 am By Cali Haan  |  

Russian state media outlet TASS reported February 26th that Dmitry Vyatkin, a deputy in Russia’s ruling United Russia party, has introduced a bill to have the Moscow City Duma (city hall) use an experimental blockchain voting system in the city’s next election. According to an… Read More