Crypto currency and Blockchain News
A formal letter sent by the Michigan Secretary of State sees the use of crypto-currencies for political donations formally barred. The letter which was published on 8th November was in response to state legislature candidate William Baker, who had asked how crypto-currency value was supposed to be recorded for political donations. Baker had also sought […]
In the recent past, the crypto market has experienced tremendous setbacks with some cryptocurrencies being wiped from the market while others plunging down by up to 80 percent of their initial prices. The crypto market turbulence took effect from the last quarter of 2017 and has soldiered through to 2018 with the storm not showing […]
Basic Attention Token was announced for listing on one of the biggest and more popular exchanges, Coinbase, back in mid-July. Months back, the exchange announced that the Coinbase team is looking into adding several tokens and coins, which included 0x (ZRX), Cardano (ADA), Stellar Lumens (XLM), ZCash (ZEC), and Basic Attention Token (BAT). ZRX was […]
The global watchdog for money laundering has announced that it will start publishing its first batch of cryptocurrency regulations by June next year. The Financial Action Task Force (FATF) said there is a great need to implement worldwide jurisdictions for cryptocurrency regulation including the licensing and operation of cryptocurrency exchanges as well as the […]
It has been revealed that hackers are illegally generating Bitcoin, Monero and other cryptocurrencies by making the most out of a software flaw leaked from the United States government. This information raises serious questions about the security of one of the fastest growing financial markets. Recently, illicit crypto mining has risen by 459 percent compared […]
Chinese based Bitcoin mining giant Bitmain, has sued an anonymous hacker for the alleged theft of 5.5 million worth of crypto from the mining company’s account back in April. The lawsuit was filed with the US District Court for the western district of Washington at Seattle on the 7th of November. The court document stated […]
