Monmouth County Man Charged With Operating An Unlicensed Bitcoin Exchange
A Monmouth County, New Jersey, man was indicted today by a federal grand jury for operating an unlicensed money transmitting business through which he charged customers fees to convert more than $2 million in cash into the digital currency Bitcoin. William Green, 46, of Wall Township, was charged by indictment with one count of operating […]
Damage From Cryptocurrency-related Crimes Estimated at 2.7 tr Won
The financial damage caused by cryptocurrency-related crimes reached nearly 2.7 trillion ($2.3 billion) over the past two years, government data showed Sunday. The financial loss of scams and fraud involving cryptocurrencies came to 2.69 trillion won between July 2017 and June 2019, according to the data from the justice ministry. The ministry said 132 cryptocurrency-related […]
British Government Won’t try to Stop Facebook’s new Libra Digital Coin
Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch the new digital currency Libra, according to Philip Hammond, Britain’s outgoing finance minister. Hammond also told CNBC on Monday that the British government will “engage” with Libra and won’t try to stop it. This week in the U.S., Senate and House committees […]
Liechtenstein Financial Market Authority Approves State-of-the-Art Tokenized Real Estate Investment Product
CROWDLITOKEN AG pioneers and starts distribution of a digital bond – European retail investors benefit as well. For the first time in Europe, the Liechtenstein Financial Market Authority (FMA) has approved the offering prospectus for a tokenised real estate investment product. CROWDLITOKEN AG is thus a pioneer for new financial innovations. The Security Token Offering […]
Litecoin Named Official Cryptocurrency Of The Miami Dolphins
The Litecoin Foundation announced today that Litecoin has become the “Official Cryptocurrency of the Miami Dolphins.” As cryptocurrency continues to be adopted by businesses, institutions and individuals across the globe, this unique partnership creates a powerful alignment between Litecoin and one of the world’s most recognizable sports brands in the Miami Dolphins. Launching for the […]
Boosting Degree Completion With Blockchain
Thousands of community college students transfer to Arizona State University every year, some before obtaining their associate’s degrees. While many will successfully graduate from Arizona State with a bachelor’s degree, the remainder risk joining the 37 million Americans with some college credit but no degree. To counter this, Arizona State is working with local community […]
Apollo Guidance Computer Hacked to Mine Bitcoin
A software engineer has reconfigured the only remaining Apollo Guidance Computer (AGC) that still works to mine for bitcoin. Tinkerer Ken Shirriff, who has an extensive back catalogue of system restorations and reverse engineering for famous legacy technology, took on a project to restore the 52-year-old guidance computer which was used on-board each Apollo command module (CM) […]
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Grayscale Investments announced that the Trust will resume the private placement of its shares. The Trust private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily subscription. The Trust’s investment objective is for the value of its shares to reflect the price performance of Bitcoin […]
CEX.IO to Launch Dedicated US Presence
CEX.IO, a global cryptocurrency exchange with over 2.7 million registered users, has officially launched in the United States. In CEX.IO’s quest to become a licensed digital asset exchange, they have received Money Transmitter Licenses (“MTL”) in nine US states, including: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska and New Hampshire. Being […]
David Marcus, the Head of Calibra at Facebook: Libra, 2 Weeks In
It’s been two weeks since we introduced Libra, a new cryptocurrency powered by blockchain technology. We shared a white paper, a number of deep-dive papers on important topics, a testnet, and additional material. Since then, we’ve seen a lot of great dialogue from many different viewpoints. It’s been encouraging how receptive so many people have […]
Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year
Bitcoin’s use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion, according to a report by Chainalysis.While the proportion of Bitcoin transactions dedicated to illegal purchases is declining, about $515 million of the digital coin has already been spent […]
Clearway Energy to Test Using Blockchain for Trading Renewable Energy Credits
Clearway Energy Group, one of the U.S.’s largest clean power developers, is launching a pilot electronic marketplace for renewable energy credits as more states push for solar and wind projects. The company has partnered with Power Ledger, which develops blockchain-enabled energy trading software, to build a system to both track and trade so-called RECs, according […]
BitMEX Trades Record $16 Billion in One Day
On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with the number topping $16 billion across the platform’s product range. Volume had swiftly risen above $10 billion in previous hours, leading CEO Arthur Hayes to declare any […]
Samsung SDS Expands Blockchain Business With Cloud-based Enterprise Platform
On June 18, Samsung SDS introduced customers’ common pain points in adopting blockchain and announced its blockchain business direction and the solution to the pain points. When companies apply blockchain technology to their business, they have concerns on △Converging services across various industries △Connecting different blockchain technologies △Easy application and expansion of blockchain in timely […]
CEO Twitter Jack Dorsey Answers Questions About Square’s Plans for Bitcoin
Square is a company best known for its disruptive card payment technology. Founded in 2009 by Twitter CEO Jack Dorsey, the company sells affordable mobile-based point-of-sale systems. But beyond the world of traditional fiat currencies, the firm is making cautious steps into the fast-paced world of cryptocurrency. Back in March, Dorsey tweeted that Square was […]
2019 China Mining Industry Summit – Recap and Summary
BitDeer.com’s premier industry event wrapped up successfully in Beijing. 2019 China Mining Industry Summit brought together the biggest names of the Chinese mining ecosystem. Prominent Chinese blockchain and tech media attended the event and reported on the significant industry announcements. With the leaders of the Chinese blockchain mining group in one conference, they began to […]
Facebook will reportedly announce cryptocurrency this month, allowing employees to take it as salary
Facebook will announce its cryptocurrency later this month, and will allow employees working on the project to take their salary in the form of the new currency, according to a report in The Information. About a year ago, the company appointed former PayPal executive David Marcus to begin exploring opportunities with blockchain, the technological underpinning […]
BitTorrent now Accepted as Payment for NordVPN Products
BitTorrent, Inc., a leader in peer-to-peer protocols and products, announced that NordVPN will now accept BitTorrent (BTT) as a payment method for users. NordVPN, which services more than 8 million customers with award-winning security and privacy products, adds BTT alongside an exclusive list of digital assets it accepts as payment. “BitTorrent Speed and BTT soon […]
