May 25, 2018 @ 7:41 am By Cali Haan  |  

Hackers have successfully executed attacks on three cyrptocurrency blockchains in the past week. Verge, Bitcoin Gold and MonaCoin were all robbed of coins in the attacks. The network of a purported privacy coin called Verge was successfully hijacked last weekend when hackers hijacked the network… Read More

May 24, 2018 @ 4:16 pm By Cali Haan  |  

After a fairly flat quarter of stock performance in Q1 2018, PayPal CFO John Rainey sat down with CNBC “Mad Money” host Jim Cramer last week to discuss growth of the company, plans for its mobile payment app Venmo and the possibility of enabling crypto… Read More

May 24, 2018 @ 2:33 pm By Cali Haan  |  

A group of prison abolitionists in New York are asking the public to donate a small amount of computer processing power to mine a cryptocurrency called Monero to benefit a project that bails out prisoners stuck in pretrial detention because they cannot afford bail. “Bail Bloc”… Read More

May 24, 2018 @ 12:28 pm By Cali Haan  |  

Spectacular spoofing and wash-trading practices largely regarded as par-for-the-course among veteran crypto traders are coming under the scrutiny of the US Department of Justice and its partner, the Commodity Futures Trading Commission, Bloomberg reports. This investigation is said to be particularly focussed on crypto wash… Read More

May 23, 2018 @ 4:28 pm By Cali Haan  |  

U.S. Securities and Exchange Commission Chairperson Jay Clayton told an audience in Washington Tuesday that companies seeking to raise funds via digital tokens in an Initial Coin Offering should be proactive in contacting the agency regarding compliance, Law360 reports. “We’re open for business,” said Clayton…. Read More

May 23, 2018 @ 4:08 pm By Cali Haan  |  

Robert J. Shiller, Professor of Economics at Yale and winner of a Nobel Prize for his work on financial bubbles, has come out yet again against Bitcoin stating that it may be just another failed currency experiment. In his article entitled, “The Old Allure of… Read More

May 22, 2018 @ 9:58 am By Cali Haan  |  

Multiple state securities regulators in the US revealed yesterday that they are taking part, along with 40 other North American state and provincial regulators, in a coordinated crackdown on fraudulent cryptocurrency projects. “The actions announced today are just the tip of the iceberg,” stated Joseph… Read More

May 21, 2018 @ 2:24 pm By Cali Haan  |  

University College London, the third largest university in England, has ended its association with the IOTA Foundation after IOTA co-founder Sergey Ivancheglo threatened legal action against a researcher at Boston University. “UCL Centre for Blockchain Technologies is no longer associated with the IOTA Foundation. In… Read More

May 21, 2018 @ 10:24 am By Cali Haan  |  

Last Friday, the Commodity Futures Trading Commission argued in a Boston courtroom that cryptocurrencies are tradable commodities that can be regulated under CFTC purview. The argument comes after lawyers for Randall Crater and Mark Gillespie of My Big Coin Inc. attempted to have fraud charges… Read More

May 20, 2018 @ 8:09 pm By Cali Haan  |  

The Reserve Bank of Zimbabwe has ordered all financial institutions in the country to cease trading, holding and transacting cryptocurrencies and to, “exit any existing relationships with virtual currency exchanges within sixty days.” According to Quartz Africa, Zimbabweans have been using Bitcoin and other cryptocurrencies… Read More

May 20, 2018 @ 2:52 pm By Cali Haan  |  

Russian Prime Minister Dmitry Medvedev has spoken publicly about how draft laws winding their way now through the Russian parliament will define cryptocurrencies and tokens. Bitcoin.com reports that Medvedev recently told an audience at a plenary session of the St. Petersburg International Legal Forum: “We need… Read More

May 18, 2018 @ 8:09 am By Cali Haan  |  

Seasoned reporter Paul Vigna, who covers cryptocurrencies and blockchain at the Wall Street Journal and who also co-authored a fine book on the subject, The Age of Cryptocurrencies, sat down at Consensus with VCs Balaji S. Srinivasan and Fred Wilson to discuss the business realities that may… Read More

May 17, 2018 @ 6:37 pm By Cali Haan  |  

    In a morning talk Monday at the massive cryptocurrency conference Consensus, economist James Bullard, President and CEO of the Federal Reserve Bank of St. Louis, challenged the vision of a muliti-coin paradise espoused by ICO (Initial Coin Offering) marketers. His thesis in a… Read More

May 16, 2018 @ 11:40 pm By Cali Haan  |  

Recently on Reddit, a Bitcoin philanthropist called “Pine” announced that he or she had completed the last in a serious of donations made on behalf of a “Pineapple Fund” project he or she started late last year. The Pineapple Fund donated almost $56 million dollars… Read More

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

The CEO of Square and Twitter, Jack Dorsey, has seemed to intimidate the importance of an imminently functioning fast settlement layer for Bitcoin if it is to become the Internet’s native currency. Dorsey was interviewed at the Consensus Conference May 16th in New York by… Read More

May 16, 2018 @ 12:00 pm By Cali Haan  |  

Representatives from the three bodies policing securities in the US and the Chief Strategy Officer from the Bittrex cryptocurrency exchange spoke on an “Enforcement” panel May 15 at the Consensus conference in New York. Citing an “open door” policy, the regulators- James McDonald, Director of… Read More

May 15, 2018 @ 1:10 pm By Cali Haan  |  

New York City takes a shot at being the blockchain capital of the world this week as it hosts a string of massive blockchain and cryptocurrency events. Crowdfund Insider’s JD Alois is there. “New York Blockchain Week” kicked off this past weekend in a breezy… Read More

May 14, 2018 @ 7:01 pm By Cali Haan  |  

  Blockchain has been called “The Foundation of the Fourth Industrial Revolution.” Umpteen conferences are now being devoted to explaining it. Hundreds of cottage firms have emerged claiming blockchain expertise. Enterprises, hearing that Bitcoin will compete with their payment or other systems have been spending millions… Read More

May 14, 2018 @ 11:52 am By Cali Haan  |  

You can pretend you are there alongside 8000 in-the-flesh attendees and watch live streaming talks at Consensus New York, today through Wednesday, at Coindesk’s live streaming web portal. Coindesk’s 4th annual Consensus conference early this week features more than 250 presenters from private and public… Read More

May 12, 2018 @ 4:50 pm By Cali Haan  |  

A Brooklyn judge sitting a case of accused cryptocurrency fraud has expressed frustration over regulatory lag affecting his ability to judge the case. The accused, Maksim Zaslavskiy, was charged with fraud last November after SEC and FBI investigators alleged that he and REcoin Group Foundation,… Read More