August 25, 2018 @ 3:05 pm By Cali Haan  |  

Following invitations issued by local politicians last fall, the regional government of Leningrad in northwestern Russia has now announced the opening of the country’s, “largest data processing centre…designed to extract digital currency,” Bitcoin News reports. The 4000 square metre “crypto mine” and its 3000 machines… Read More

August 25, 2018 @ 10:49 am By Cali Haan  |  

Earlier today, and two days after WeChat suspended the social media accounts of 8 Chinese crypto news outlets, WeChat parent company Tencent has announced it will undertake “remediation measures” to monitor and “intercept” cryptocurrency sales and purchases on its WeChat Pay app. Similar news was… Read More

August 25, 2018 @ 9:51 am By Cali Haan  |  

Internet security firm Kaspersky Lab has claimed that hackers with possible ties to North Korea have struck against an unnamed crypto exchange using malware targeting macOS. Kaspersky lab attributes the latest hack to the Lazarus hack group. According to Wikipedia, the Lazarus Group earned its… Read More

August 24, 2018 @ 4:23 pm By Cali Haan  |  

Thailand’s central bank, the Bank of Thailand (BOT), has announced it is trialing a version of R3’s distributed ledger system, Corda, as a means of making wholesale funds transfers more efficient. R3’s distributed ledger will also be used by the BOT to issue a wholesale Central… Read More

August 24, 2018 @ 12:19 pm By Cali Haan  |  

More news from China today regarding that country’s ban on citizens’ access to cryptocurrencies. According to The South China Morning Post, China will now block access to an additional 120 foreign cryptocurrency exchanges. Bitfinex, Binance, Huobi and OKEx are already blocked in China. When China announced… Read More

August 24, 2018 @ 11:14 am By Cali Haan  |  

An SEC decision to disapprove the listing of several Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange(NYSE) has been stayed pending review. Commissioner Hester Pierce announced the stay yesterday on Twitter. The SEC had ruled the day before to deny a rule change… Read More

August 23, 2018 @ 1:58 pm By Cali Haan  |  

A Norwegian crypto mine that endured a bomb threat earlier this month is now being imperiled by a raft of noise complaints, The Local Norway reports. Noise from fans used to cool Kryptovault’s extensive cryptocurrency mining facility in Hønefoss, north of Oslo, is reportedly seriously… Read More

August 23, 2018 @ 11:42 am By Cali Haan  |  

A total ban on ICOs, cryptocurrencies and related exchanges enacted in China last September has hit the ground twice in the past two weeks, The South China Morning Post reports. Chinese government censors shut down at least 8 crypto-focused media accounts on Chinese social media site… Read More

August 23, 2018 @ 9:43 am By Cali Haan  |  

The SEC has rejected the Cboe BZX Exchange’s request for a rule change to allow it to trade long and short Bitcoin Futures ETFs (exchange-traded funds). The Cboe applied in January for the rule change that would allow its GraniteShares Bitcoin ETF “Long Fund” and… Read More

August 22, 2018 @ 7:20 am By Cali Haan  |  

The commissioner of the South African Revenue Service (SARS) told attendees at an auditors’ conference in Sandton this week that SARS is stepping up efforts to identify crypto traders and collect related taxes, FIN24 reports. “The key thing is identifying people who are trading because… Read More

August 21, 2018 @ 10:56 am By Cali Haan  |  

A judge’s plan to allow a young man accused of hacking a popular online video game system to post $750 000 bail in cryptocurrency have hit a snag, Market Watch reports. Martin Marsich, 25, was arrested at San Francisco Airport August 8th while reportedly on… Read More

August 21, 2018 @ 12:28 am By Cali Haan  |  

A substantial sting operation in northeastern China has netted 3 suspects accused of robbing 100 million yuan (about $15 million USD) in crypto from an individual’s computer. According to the Xinhua News Agency, on March 30th, 2018, a complainant contacted the X’ian police station alleging… Read More

August 20, 2018 @ 11:08 pm By Cali Haan  |  

The man accused of leading the Bitconnect cryptocurrency pyramid scheme in India was arrested this weekend at an airport in New Delhi, Financial Express reports. Divyesh Darji was en route to Ahmenabad, the capital of the Indian state of Gujarat, from Dubai, where he had… Read More

August 20, 2018 @ 10:03 pm By Cali Haan  |  

Two young braggarts who took to the Norwegian media to boast about millions in crypto profits last year are backpedalling now after media showed they disclosed minimal gains on their 2017 tax returns, Dagens Naeringsliv reports. Crypto-mining partners Philip Eriksen and Roy Arne Olsen, both… Read More

August 20, 2018 @ 12:13 pm By Cali Haan  |  

21-year-old Jacob Burrell Campos has been charged by the US Attorney in Southern California with 31 counts of money laundering, operating an illegal money transmitting business, and conspiracy to structure the importation of monetary instruments. The charges stem from evidence indicating Mr Burrell laundered millions of… Read More

August 19, 2018 @ 2:44 pm By Cali Haan  |  

Though many executives at large enterprises still feel blockchain will disrupt their industries, exuberance for blockchain amongst them has deflated in the past two years, says Deloitte in a recent global blockchain survey report. The company’s 2018 global blockchain survey of 1053 “blockchain-savvy” managers at companies… Read More

August 19, 2018 @ 12:27 pm By Cali Haan  |  

The operators of two crypto-mining facilities in rural Norway received a rather stern noise complaint last week in the form of a bomb threat, Vaksdalposten reports. According to a loose translation, Norwegian firm Krytpovault say the threatening note came in after the company’s operations in… Read More

August 19, 2018 @ 11:25 am By Cali Haan  |  

Editors at Investinblockchain.com have written an article claiming that only 36 of the top 100 commercially-traded digital tokens and blockchains they studied, “actually had working products that are providing real value.” In the article, “Cryptocurrencies In The Top 100 With Working Products That Are In-Use,”… Read More

August 19, 2018 @ 10:49 am By Cali Haan  |  

People with loose security online habits who also enjoy an occasional foray onto incriminating websites might want to keep some bitcoin on hand in case exposé hackers come calling. An August 7th public service announcement from the FBI says the agency is seeing an uptick… Read More

August 18, 2018 @ 10:22 am By Cali Haan  |  

A young man accused of hacking popular Bay Area computer gaming company Electronic Arts (EA) has been forced by a California Judge to post $750 00 worth of cryptocurrency as bail. Martin Marsich, 25, was arrested at San Francisco Airport August 8th while en route… Read More