October 3, 2018 @ 9:25 am By Cali Haan  |  

$1.3 billion dollars has been stolen from crypto exchanges in the past 8 years and cryptocurrency investors using exchanges still bear a lot of risk, say researchers at ICORating, who yesterday issued a report detailing security levels at crypto exchanges handling more than $1 million… Read More

October 2, 2018 @ 8:33 pm By Cali Haan  |  

A writer and analyst for Morningstar believes that, based on a comprehensive assessment, Bitcoin, “does not and will not challenge gold as a safe-haven asset class.” He follows that claim with a tip to buy Goldcorp stock. In a short article written for the large research and investment… Read More

October 2, 2018 @ 6:21 pm By Cali Haan  |  

One of Canada’s main cryptocurrency exchanges, Toronto-based Coinsquare, has announced it has secured a banking partnership with on of Canada’s top five banks. The bank has so far gone unnamed. In a press release issued to announce the venture, Coinsquare says it is, “one of… Read More

October 2, 2018 @ 2:53 pm By Cali Haan  |  

A police officer working for a French intelligence agency tasked with maintaining national security inside France has been arrested and detained for allegedly selling state secrets for Bitcoin on the Darknet, Le Parisien reports. The officer was reportedly working as part of “a sensitive division”… Read More

October 2, 2018 @ 11:32 am By Cali Haan  |  

Ethereum’s mythical 17 000% 2017 price rise is but a distant memory in 2018’s long bear market, and for three-quarters of ICO (initial coin offering) projects initiated in Germany by German companies, a “loss is now closer than such dream returns,” WirtschaftsWoche reports. A total of… Read More

October 1, 2018 @ 10:01 pm By Cali Haan  |  

A show of Bitcoin- and cryptocurrency-inspired artworks is being held to celebrate the 10th anniversary of the invention of Bitcoin and explore ways that Bitcoin and blockchains might be used to “disintermediate” the art world. The show runs September 28th to October 5th, from 10am to… Read More

October 1, 2018 @ 4:07 pm By Cali Haan  |  

The government of Sierra Leone, the U.N. Capital Development Fund, the U.N. Development Programme and technology and micro lending non-profit Kiva are partnering to build a “blockchain” identity and credit-score system to enhance financial security in Sierra Leone. The project will use distributed ledger built by Kiva,… Read More

October 1, 2018 @ 1:14 pm By Cali Haan  |  

There have been multiple news stories this year of businesses in the adult sector increasingly using crypto, but according to PornHub, only 1% of visitors to the site are so far paying with digital currencies, Hard Fork reports. Still, given that PornHub claims 28.5 billion… Read More

October 1, 2018 @ 10:23 am By Cali Haan  |  

A self-regulatory group created to sustain Japan’s cryptocurrency sector is tightening rules on how much cryptocurrency exchanges are allowed to store in “hot wallets” connected directly to the Internet, Japan Times reports. The change is being advised about two weeks after hackers stole $60 million… Read More

September 30, 2018 @ 6:46 pm By Cali Haan  |  

Port of San Diego CEO Randa Coniglio announced this week that Port of San Diego computer systems suffered a “serious” ransomware attack on September 25th, with hackers demanding a ransom of Bitcoin to unlock affected systems. “The Port of San Diego has experienced a serious… Read More

September 30, 2018 @ 6:27 pm By Cali Haan  |  

Two young men accused of stealing one billion “Crowd Machine Compute Tokens” (worth $14 million) directly from the Crowd Machine crypto project last weekend were arrested Monday at an Oklahoma hotel, Oklahoma News 4 reports. Fletcher Robert Childers, 23, and Joseph Harris, 21, both of Missouri,… Read More

September 30, 2018 @ 6:06 pm By Cali Haan  |  

Although projects selling ICO’s (initial coin offerings) in 2018 have raised twice what they did in 2017, “7 out of 10 tokens that are sitting below (the top 100) have valuations that are now under their initial raise,” says crypto news provider diar.co. And while… Read More

September 27, 2018 @ 2:40 pm By Cali Haan  |  

Lourdes Miranda, an independent financial intelligence analyst/financial crimes investigator, and Ross Delston, a lawyer specialized in anti-money laundering, have told the Asia Times that they believe North Korea (DPRK) is probably using cryptocurrency channels to skirt US sanctions. “International criminals everywhere prefer crypto-currencies and the… Read More

September 27, 2018 @ 1:00 pm By Cali Haan  |  

The SEC told a New York courtroom Tuesday that two defendants accused of selling a fraudulent ICO (initial coin offering) called “Plexcoin” have been ignoring court orders to document their assets and are refusing to “participate meaningfully” in an SEC court action against them. According… Read More

September 27, 2018 @ 11:37 am By Cali Haan  |  

Xinhua News has confirmed that citizens in China are using various types of evasion to continue investing in ICO’s and crypto despite a comprehensive ban there. Essentially, the crackdown has pushed Chinese crypto activity underground: exchanges have moved off shore, there has been a boost in… Read More

September 26, 2018 @ 10:04 pm By Cali Haan  |  

Representatives from Wall Street and prominent US crypto investment/services firms are convening in Washington this week to attend a legislative roundtable hosted by Republican Representative Warren Davidson of Ohio, CNBC reports. Attendees at the roundtable, titled “Legislating Certainty for Cryptocurrencies,” are reportedly hoping to influence… Read More

September 26, 2018 @ 8:26 pm By Cali Haan  |  

Government agencies in the US have more than tripled the amount of money they are allotting to private firms doing forensics on blockchains like Bitcoin, says weekly newsletter for institutions, diar. The biggest spender by far is the Internal Revenue Service (IRS), which is “accounting… Read More

September 26, 2018 @ 4:25 pm By Cali Haan  |  

Australia’s national science agency and researchers at the University of Sydney say a company they incubated, Red Belly Blockchain, has achieved 30 000 transactions per second on a global blockchain of 1000 nodes created using Amazon Web Services’ (AWS) global cloud infrastructure. The agency, CSIRO’s Data61,… Read More

September 26, 2018 @ 10:21 am By Cali Haan  |  

Google will reduce the extent of its ban on cryptocurrency ads this October by allowing regulated crypto exchanges to advertise on the platform to US and Japanese audiences only, CNBC reports. In the spring and early summer of this year, Google, Facebook, Twitter and SnapChat… Read More

September 26, 2018 @ 9:24 am By Cali Haan  |  

The Dairy Farmers of America, a nationwide dairy co-op formed in 1998, has announced it is partnering with ripe.io, “a food tech startup focused on using blockchain to transform the food supply chain for data transparency.” The two organizations will pilot a dairy-supply-tracking blockchain intended… Read More