October 31, 2018 @ 10:11 am By Cali Haan  |  

Banco do Brasil and Banco Santander have been ordered by a Federal District and Territorial Court (TJDFT) judge in Brazil to restore banking services to the Bitcoin Max cryptocurrency exchange- or pay fines, Portal do Bitcoin reports. According to Bitcoin Max lawyer Leonardo Ranna, all bank… Read More

October 30, 2018 @ 3:46 pm By Cali Haan  |  

A contributor to the Malwarebytes forum, “1vladimir,” has detected back-door-creating malware embedded in a free, downloadable cryptocurrency price-tracking app for Mac called CoinTicker. “It seems that the app is covertly installing not just one but two different backdoors,” says a Malwarebytes blog post on the… Read More

October 30, 2018 @ 11:12 am By Cali Haan  |  

Jacob Burrell Campos, 21, plead guilty in San Diego yesterday to operating an unlicensed money business and agreed to forfeit $823,357.00, according to a news release from the US Attorney’s Office-Southern District of California. Mr Campos admitted he traded hundreds of thousands of dollars of… Read More

October 25, 2018 @ 9:55 pm By Cali Haan  |  

Yesterday, we reported that Indian police had detained for seven days a crypto broker in Bengaluru after he installed a Bitcoin ATM at a local mall, allegedly without necessary permissions. In response to the arrest, the man’s colleague and fellow co-founder at crypto brokerage Unocoin… Read More

October 25, 2018 @ 9:46 pm By Cali Haan  |  

Traditionally, providing comprehensive travel packages to consumers across the globe can be a complex process involving numerous parties – both in a traveller’s country of origin and in destination areas. Local tour operators curate and pay for bulk deals on accommodation, tour and food-services, then… Read More

October 25, 2018 @ 8:35 pm By Cali Haan  |  

After two years in development and two false starts, Britain’s Royal Mint has canceled plans to issue a cryptocurrency backed by gold, Reuters reports. According to sources to Reuters, the issuing and distribution of the “Royal Mint Gold (RMG)” token: “…would have been the first time… Read More

October 25, 2018 @ 1:43 pm By Cali Haan  |  

Cybercrime detectives have stormed a house in Sydney, Australia and arrested a 23-year-old woman they believe hacked 100 000 Ripple (XRP) tokens from a 56-year-old man, Brisbane Times (BT) rep The woman’s parents also reside in the house. The alleged hack took place last January, when 100… Read More

October 25, 2018 @ 12:26 pm By Cali Haan  |  

Japan’s Financial Services Authority (FSA), the independent regulator of the financial services sector there, is considering imposing a limit as low as 2-1 on margin trades of cryptocurrency conducted on local exchanges, Nikkei Asian Review (NAR) reports. The move is being contemplated as a measure to… Read More

October 25, 2018 @ 2:53 am By Cali Haan  |  

A $152 million lawsuit filed by the self-proclaimed expelled CEO against remaining executives at the prediction market platform Augur, has reportedly been settled, and has been taken “off calendar” at San Francisco courts, Forbes reports. According to Forbes, the case filed last April by Matthew Liston… Read More

October 25, 2018 @ 12:43 am By Cali Haan  |  

After spending $700 000 Australian dollars investigating the industrial potential of blockchain, Australia’s Digital Transformation Agency (DTA) has determined that current versions of the tech are “interesting” but in no way better than other systems, ZDNet reports. DTA Chief Digital Officer Peter Alexander reportedly told Senate… Read More

October 24, 2018 @ 11:21 pm By Cali Haan  |  

Reserve Bank of Australia Assistant Governor Michelle Bullock told audiences at the Sibos Conference in Sydney this week that she does not believe Australia and other central banks have any reason to create a national digital currency settled on blockchain, Financial Review (FN) reports. Sibos is… Read More

October 24, 2018 @ 10:19 pm By Cali Haan  |  

Police in the city of Bengaluru in South India arrested the co-founder of Unocoin Technologies last week after the company allegedly installed a Bitcoin ATM at a local mall without necessary permissions, Times of India reports. One ATM, two laptops, a mobile phone, credit cards,… Read More

October 24, 2018 @ 10:20 am By Cali Haan  |  

A man in Bloomington, Indiana claims he was coerced into cooperating with a group of “Call of Duty” players that “cryptojacked” (stole) $3.3 million dollars of cryptocurrency from various victims, Chicago Sun Times reports. Though no charges have yet been laid, unsealed court documents show… Read More

October 24, 2018 @ 9:48 am By Cali Haan  |  

Makaveli Linden (formerly Christian Bo Linden), 20, a suspect wanted for the murder of cryptocurrency trader Heikki Bjørklund Paltto, 24, was arrested Tuesday at 16:45 in Dijon, France, Aftonbladet reports. Dijon is a city in eastern France about 1700 kilometres from Oslo, where the murder took place…. Read More

October 24, 2018 @ 8:15 am By Cali Haan  |  

The Cyberspace Administration of China has posted draft legislation that imposes sweeping responsibilities upon all Chinese companies providing access to blockchain networks, including the duty to censor content, South China Morning Post (SCMP) reports. The new laws were posted online last Friday and will be available for… Read More

October 24, 2018 @ 8:09 am By Cali Haan  |  

As part of its efforts to capture tax dollars and curtail fraud and tax amnesties, the government of Spain has passed new anti-fraud laws requiring the mandatory declaration of cryptocurrency holdings and the documentation of all “operations” involving them, ABC Economy reports. Minister of Finance,… Read More

October 23, 2018 @ 11:06 am By Cali Haan  |  

The National Bank of Canada, the country’s seventh largest bank, is piloting a program to offer the creation and negotiation of standby letters of credit on a blockchain / distributed ledger system. The pilot uses a distributed ledger (DLT) system created by the company Skuchain and… Read More

October 23, 2018 @ 9:00 am By Cali Haan  |  

Incorporation of blockchain tech would give a false sense of security to Internet voting, which is a fundamentally insecure proposal, say researchers from Cornell University’s Initiative for Cryptocurrencies and Contracts. Blockchain has been touted as an excellent way to diminish fraud in supply chains and… Read More

October 23, 2018 @ 8:48 am By Cali Haan  |  

Local news agency Arka has announced that a large crypto mining facility has opened in the Armenian capital of Yerevan. The facility, the country’s first, currently hosts 3000 machines mining Bitcoins and ether, but will one day host 120 000 machines, its creators believe. According… Read More

October 23, 2018 @ 1:15 am By Cali Haan  |  

The Financial Action Task Force (FATF), a Paris-based inter-governmental body “representing most major financial centres in all parts of the globe” and tasked with establishing anti-money laundering (AML) and anti-terrorist financing (CFT) standards worldwide has stated in an October 19th release: “There is an urgent need for… Read More