An 18-year-old young man in Japan has been turned over to prosecutors to face allegations he hacked 15 million yen ($134 ooo USD) worth of Mona cryptocurrency from a “digital currency storage website,” Japan Today reports. Police claim this is the first time charges have… Read More
The Universal Protocol Alliance, a group of leading blockchain companies including Bittrex International, Brave, Blockchain at Berkeley, Uphold, Cred and CertiK, announced earlier this week the launch of its Universal Bitcoin (UPBTC), which is described as an Ethereum-compatible Bitcoin that earns an annual ten percent… Read More
Tagged bitcoin, cryptocurrency, digital currency, interoperable, universal bitcoin, universal protocol alliance
The disgraced former CEO of the Mt Gox bitcoin exchange, Mark Karpeles, has defeated overwhelming odds by being found not guilty of all but one charge leveled against him by Japan prosecutors, who typically enjoy a 99% conviction rate. The charges, which, according to CNN,… Read More
Tagged japan, mark karpeles, mt gox
Canada has joined a growing group of financial regulators seeking input on creating a regulatory compliant ecosystem for trading digital assets. Posted this week, the Canadian Securities Administrators (CSA), the group that represents all of the provincial regulators, posted a consultation in partnership with the… Read More
Tagged canadian securities administrators, csa, investment industry regulatory organization of Canada, Louis Morisset
The Securities and Exchange Commission (SEC) has scheduled a public forum focusing on distributed ledger technology (DLT or blockchain) and digital assets (or crypto assets). Topics will include initial coin offerings (ICOs), digital asset platforms, DLT innovations, and how these impact investors and the markets…. Read More
Cryptocurrency exchange Poloniex announced on Thursday it has partnered with Cosmos to allow Cosmos ICO participants to preview and claim their Atoms’ balance. According to Poloniex, Cosmos aims to create a network of blockchains all capable of interacting with one another through a consensus engine… Read More
Upbit, a digital asset exchange based in South Korea, announced on Friday it is now listing Crypto.com Chain Token (CRO). According to Upbit, the Crypto.com Chain is a high-performing public blockchain powering Crypto.com Pay, which allows customers to pay for goods and services with cryptocurrency… Read More
Tagged chain token, crypto.com, cryptocurrency, digital assets, tokens, upbit
Ryuk ransomware has been used to lock up files at Boston’s Committee for Public Counsel Services, a public defenders office that provides lawyers to those who cannot afford them, The Boston Globe reports. Fortunately, the agency was able to refuse to pay a cryptocurrency ransom… Read More
Tagged ransomware, ryuk
Last week, a committee at the Israel Securities Authority (ISA) investigating the applicability of regulation pertaining to initial coin offerings (ICOs) and digital assets submitted their final report. The Committee was first established in August of 2017 during the height of the ICO boom. The… Read More
Tagged gitit gur-gershgoren, initial coin offerings, isa, israel, israel securities authority, moti yamin
Regulatory drag around the regulation of initial coin offerings (ICOs) combined with arguably excessive risk-tolerance have produced the disaster that has so far characterized crypto-investing for the average guy. If most ICO tokens were indeed circulated in what Professor Jorge Stolfi has argued are “negative… Read More
Tagged class action, ico-class-action, initial coin offerings
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