July 18, 2018 @ 7:51 am By Cali Haan  |  

IBM and Columbia University in New York City have announced plans to create an on-campus centre for research into blockchain tech and data transparency and the creation of an associated business accelerator for students, faculty and start ups. The related release does not indicate when… Read More

July 17, 2018 @ 12:03 pm By Cali Haan  |  

The South China Morning Post has reported that a digital token offering (ICO) with ties to former Macau gangster “Broken Tooth” Wan Kuok-koi claims to have raised $750 million dollars from investors across South Asia in a mere 5-minute sale. [clickToTweet tweet=”Former Macau gangster “Broken Tooth” Wan… Read More

July 16, 2018 @ 10:53 pm By Cali Haan  |  

An appeals court in Santiago, Chile has ordered the Chilean bank, Banco Estado, the ensure the restoration of banking services to the OrionX cryptocurrency exchange, LT Pulso reports. In early April, 10 Chilean banks cut services to cryptocurrency firms in the country. Three cryptocurrency trading… Read More

July 16, 2018 @ 2:24 pm By Cali Haan  |  

Alexander Vinnik, a Russian national accused by the US government of laundering $4 billion dollars of cryptocurrency proceeds of crime will be extradited from Greece to France to face charges there, CNN Greece reports. An unsealed US government indictment charges Vinnik with 21 counts of… Read More

July 16, 2018 @ 11:19 am By Cali Haan  |  

In the wake of Mueller indictment revelations showing that Russian spies used bitcoins to aid their hacks on the US Democratic Party leading up to 2016 US elections, US Congressman Emanuel Cleaver has once again called on the crypto industry to take responsibility for the misuse… Read More

July 15, 2018 @ 8:59 am By Cali Haan  |  

  Youtube, “failed as a gatekeeper to protect its users,” by allowing affiliates of the Bitconnect cryptocurrency ponzi scheme to post 70 000 hours of promotional video, lawyers for plaintiffs in a class action claim. Bitconnect used multilevel marketing to boost operations and several Bitconnect… Read More

July 14, 2018 @ 1:06 pm By Cali Haan  |  

The grand jury indictment filed in Washington Friday by the Mueller team claims multiple units of Russian spies used bitcoins in, “large-scale cyber operations to interfere with the 2016 U.S. presidential election.” Although cybersecurity experts recently warned the US Senate Subcommittee on Crime and Terrorism… Read More

July 13, 2018 @ 4:35 pm By Cali Haan  |  

A study of the Twitter activity of 2,390 ICOs (initial coin offerings) has found that, four months after completing their initial token sales (ICOs), only 44.2% of crypto firms are still in business. [clickToTweet tweet=”Four months after completing their initial token sales, only 44.2% of… Read More

July 13, 2018 @ 1:40 pm By Cali Haan  |  

Pirate Bay, an illegal website that indexes stolen digital files is trying out a new revenue model so it can chuck those pesky ads. The file pirates first announced plans to engage 20-30% of visitors’ CPU power to mine cryptocurrency Monero last fall in a… Read More

July 12, 2018 @ 3:35 pm By Cali Haan  |  

A hacker going by the name of ‘Bitpico’ on Twitter claims that a ‘stress test’ he or she conducted on the Bitcoin Cash cryptocurrency network shows that 98% of Bitcoin Cash’s node are located on the same rack server. https://twitter.com/bitPico/status/1016228867948851200?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1016228867948851200&ref_url=https%3A%2F%2Fbitcoinist.com%2Fbitcoin-cash-test-node-centralization%2F A rack server is a… Read More

July 12, 2018 @ 1:40 am By Cali Haan  |  

A Los Angeles LocalBitcoins seller who plead guilty to running an unregistered money transmission business and laundering drug money for bitcoins has been sentenced to a- year-plus-one-day’s imprisonment. In addition to completing three years’ probation and paying a fine of $20 000, former stockbroker and real… Read More

July 11, 2018 @ 2:05 pm By Cali Haan  |  

The American Libertarian Party has passed a resolution requesting that President Trump pardon Ross Ulbricht, a 34-year-old Texas native serving a double-life sentence plus forty years for criminal activities related to running the illicit Dark Net marketplace Silk Road. The resolution passed at the party’s national convention,… Read More

July 11, 2018 @ 2:26 am By Cali Haan  |  

An official at the People’s Bank of China (PBC) tasked with regulating internet finance has reiterated the Chinese state’s determination to stop all ICO and crypto investing in the country, even solicitations to invest emanating from overseas, Coindesk reports. According to the the Chinese publication… Read More

July 10, 2018 @ 4:40 pm By Cali Haan  |  

Who would’ve thought two of the most disagreeable forms of reading, mediocre sex novel Fifty Shades of Grey and the cryptocurrency white paper, could combine into something so sublime? Jackson Palmer, co-creator of the parody cryptocurrency Dogecoin, is who. People fatigued by the constant research… Read More

July 10, 2018 @ 12:50 pm By Cali Haan  |  

The general unwillingness of banks to provide services to cryptocurrency firms is a well-known dirty secret in the Toronto start up scene. Any use of the word ‘bit’ in a business plan will have you politely shown the door by an account manager, even at… Read More

July 10, 2018 @ 7:32 am By Cali Haan  |  

The Financial Indunstry Regulatory Authority (FINRA), a self regulatory organization that oversees the conduct of investment product dealers in the US, has urged firms to ongoingly and voluntarily disclose any involvement they may have with cryptocurrency products (digital assets) and production, and reminds them to,… Read More

July 9, 2018 @ 6:26 pm By Cali Haan  |  

The Ontario Securities Commission’s (OSC’s) “Statement of Priorities for the Financial Year to End March 31st, 2018,” provides little guidance to Ontario companies trying to advance blockchain-based financial technologies, says Toronto-based blockchain lawyer Amy ter Haar. T Though the report restates the commission’s commitment to protecting… Read More

July 9, 2018 @ 4:13 pm By Cali Haan  |  

Users of a little-known Chinese cryptocurrency exchange called FCoin managed to clog the Ethereum network last week when they gamed a voting process on the exchange. FCoin ran a promotional scheme last week whereby they told users to vote for cryptocoins they wanted listed on… Read More

July 9, 2018 @ 1:52 pm By Cali Haan  |  

Cameron Winklevoss, co-owner of New York-based Gemini Digital Asset Exchange, has announced the organization’s placement of its first Chief Technology Officer (CTO). The new position will be filled by Robert Cornish, who, at the time of writing, is still Chief Information Officer at the New… Read More

July 8, 2018 @ 1:14 pm By Cali Haan  |  

It just got a lot harder to buy cryptocurrencies in India. Close to the end of a three-month grace period granted to banks and customers affected by a ban on transfering money onto and off of cryptocurrency trading platforms, the Supreme Court of India has… Read More