August 17, 2018 @ 1:34 am By Cali Haan  |  

Playboy Enterprises, the company that publishes the famous nude magazine, is suing a Vancouver-based crypto tech and investment company for fraud and breach of contract, The Los Angeles Times reports. Playboy claims that Global Blockchain Technologies (GBT) has failed to follow through on an agreement to,… Read More

August 16, 2018 @ 11:42 pm By Cali Haan  |  

Researchers at Germany’s top technical university in Aachen have conducted what they claim is the, “first in-depth study of the prevalence and economics of browser-based mining as a new web business model,” and have found that mining crypto on website visitors’ browsers could prove a profitable… Read More

August 16, 2018 @ 9:09 pm By Cali Haan  |  

The CEO of BitMEX, Arthur Hayes, the world’s largest cryptocurrency exchange by reported volume, says delusions of grandeur fed by bullish crypto markets in 2017 are about to disperse, and massive, overdue sell off of altcoins and Ethereum could sink Ethereum’s price to double digits… Read More

August 16, 2018 @ 4:54 pm By Cali Haan  |  

IT directors at 750 companies with 250 or more employees in the UK are reporting a steady increase in attempted “crypto-jacking” attacks on enterprise computer systems, with 30% of all companies reporting attacks in May, the month the survey was conducted. The findings were determined… Read More

August 15, 2018 @ 6:05 pm By Cali Haan  |  

The Venezuelan government plans to issue a new paper currency called ‘the sovereign’ next Monday, August 20th, and the new currency will be pegged to that nation’s new cryptocurrency, ‘el petro.’ The latest news comes on the heels of a story CI reported yesterday about… Read More

August 15, 2018 @ 12:05 pm By Cali Haan  |  

Cryptocurrency markets have corrected to the upside slightly today, with Bitcoin up about 5% at the time of writing, and Ethereum up about 8%, but memories of yesterday’s steep price declines are still fresh and traders and holders dizzy. According to CCN, in the first… Read More

August 14, 2018 @ 10:38 pm By Cali Haan  |  

A motion by plaintiffs in a class action suit against Ripple Labs to keep the case in California courts was denied this week by a judge. The case will now move to federal court. Lawyers for class action plaintiff Ryan Coffey filed the suit against… Read More

August 14, 2018 @ 10:10 pm By Cali Haan  |  

Reuters is reporting that the Government of Venezuela is seeking to amend the 1999 version of the country’s constitution so it can set up a special central bank to manage the country’s new national cryptocurrency, El Petro. According to a loose translation, National Constitutional Assembly Member… Read More

August 14, 2018 @ 2:46 pm By Cali Haan  |  

Prominent Bitcoin developers Rodolfo Novak and Giacomo Zucco have reponded derisively to news that IBM and Maersk have launched a blockchain initiative for the efficient management of global shipping supply chains. It’s not really blockchain, they say. According to an article in Forbes, after, “quietly orchestrating… Read More

August 14, 2018 @ 11:30 am By Cali Haan  |  

The CEO of one of the world’s fastest-growing cryptocurrency exchanges, Binance, has shot back against an accuser on Twitter who claimed last week that Binance asked for 400 bitcoins (worth about $2.5 million USD) to list a small coin on the exchange. The accusations were… Read More

August 13, 2018 @ 11:30 pm By Cali Haan  |  

A new report from Group-IB, a computer forensics and information security company with offices in Moscow, London, New York and Dubai claims to have identified an almost four-fold increase in “compromised (customer) login data” at global cryptocurrency exchanges this year. The company also found that… Read More

August 13, 2018 @ 3:57 pm By Cali Haan  |  

Citing “negative consequences,” “high risks,” and a lack of “government supervision,” the Saudi Standing Committee for Awareness on Dealing in Unauthorized Securities Activities in FOREX Markets has officially declared, “Unauthorized virtual currencies…illegal inside the Kingdom of Saudi Arabia.” The announcement came August 12th in the… Read More

August 13, 2018 @ 2:04 pm By Cali Haan  |  

A well-known Quebec-based “cryptoevangelist” and YouTuber called Adam Guerbuez claims that an “ethereum giveaway” scammer soliciting via a bot on Twitter has claimed he or she is skimming up to $100 ooo in Ether (ETH) from “mooches” (targets) per day. The story is related in… Read More

August 13, 2018 @ 11:00 am By Cali Haan  |  

Onsite inspections of 16 licensed cryptocurrency exchanges and 7 with licenses pending in Japan has revealed generally loose business practices and controls, according to a report released last Friday by the Japanese Financial Services Agency (FSA). The inspections were conducted by the FSA in cooperation with… Read More

August 13, 2018 @ 1:05 am By Cali Haan  |  

A new report from Togo-based Ecobank says that, like regulators elsewhere, African regulators are confused about technical, political, and economic ramifications of cryptocurrencies and are largely taking a “wait-and-see” approach to regulating crypto sectors and activity there. The report, “Cryptocurrency Regulation in Africa,” published August… Read More

August 12, 2018 @ 8:48 pm By Cali Haan  |  

The Common Council of Salamanca, a small town south of Buffalo, New York, voted unanimously this week to impose a moratorium on cryptocurrency mining in the city’s “electric service area.” According to The Salamanca Press, the moratorium will, “temporarily stop applications or proceedings, or the issuance… Read More

August 10, 2018 @ 2:46 pm By Cali Haan  |  

The Twitterverse was aflutter over the past two days after the founder of a forked version of Ethereum called “Expanse” claimed the Binance crypto exchange asked him to pay 400 bitcoins (worth about $2.5 million) to list his crypto token there. Subsequent tweets by Franko… Read More

August 10, 2018 @ 10:35 am By Cali Haan  |  

Hackers with poor spelling annoyed one of the world’s largest golf promoters this week by seizing some relatively benign files and demanding a bitcoin ransom for their return, Golfweek reports. On Tuesday, staff at the Professional Golfer’s Association of America  (PGA) tried to access computer… Read More

August 10, 2018 @ 7:43 am By Cali Haan  |  

Australian solar energy provider Hadouken Pty has agreed to power what may become “Australia’s first behind the grid” solar-energy data and crypto-mining centre, IT Brief reports. The new centre will be located in the town of Collie, located in the Southwestern most tip of Australia, and will be… Read More

August 9, 2018 @ 9:28 pm By Cali Haan  |  

The best time to buy Bitcoin, according to Yale economists Yukon Liu and Aleh Tsyvinski, is when the price goes up 20% in a week, The Independent reports. This is because of strong momentum factors, say the researchers: “Specifically, we determine that there is a strong… Read More