Archive | cryptocurrency

UK Police Top up Budget With Proceeds From Sale of Seized BTC

A UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18.8% of the sale proceeds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space British Police Seized BTC […]

Cryptojacking Becomes Less Popular Due to Falling Cryptocurrency Prices, Report Claims

Cryptocurrency malware is a thriving business among online criminals. Hundreds of threats still exist, and this trend will not be slowing down anytime soon. Even so, it seems the era of cryptocurrency mining malware is nearing an end, primarily due to low cryptocurrency prices. The Future of Cryptocurrency Malware Over the years, the concept of […]

Grayscale Investments Successfully Attracts Institutional Investors

Various financial firms maintain active cryptocurrency portfolios these days. Grayscale Investments is one of the more well-known companies in this regard. The company has published its first digital asset investment report, which offers rather interesting insights. Approximately $250 million was raised during the first half of 2018. Grayscale Investments Continues to Truck Along Few people […]

Surrey Police, First in the UK to Confiscate and Sell BTC

UK Surrey Police is reported to have completed its own Bitcoin transaction earlier this year after trading the proceeds of confiscated 296 BTCs, according to Forbes. The sale, reportedly the first by a local police force in the UK, took place after Latvian Seregjs Teresko was arrested and deported for money laundering. Teresko has been […]

Fortune ’40 Under 40′ List Names 5 Crypto Leading Lights in Innovation

Cryptocurrency innovators have broken new ground with five now joining the list of 40 young global business disruptors represented on this year’s Fortune under 40’s rankings. The list was introduced in 1999 and ran every year until 2003. It was reintroduced after the global economic crisis of 2008 to celebrate notable innovation by the under […]

Hydro-Québec Sets Out Clear Vision for Crypto Mining Future

Quebec, now becoming fast becoming North America’s mining hub due to its cheap energy prices, is under pressure to clarify exactly what Hydro-Quebec has planned for the province’s future; a recent interview with the public utility reveals some of the misconceptions and truths behind recent public criticism. Much of the criticism has come from the […]

Ethereum, Coinbase, Robinhood Led by Under 40 Year Olds Killing It

Fortune magazine’s annual 40 Under 40 is out, recently published in print and online, highlighting leaders under forty years of age. This year, the cryptosphere is well represented by Ethereum’s Vitalik Buterin, Coinbase’s Brian Armstrong, and Robinhood’s Vlad Tenev. Wielding billions and billions in valuations, their average age is just a tender 30 years old. […]

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

A great deal of cryptocurrency proponents are hoping for a positive outcome when the US Securities Exchange Commission (SEC) decides on whether or not they will approve the latest bitcoin-based ETF application file by Cboe. The US regulator had asked for public opinion concerning the ETF again, and this time around the number of responses […]

Ex-Presidential Bodyguard Turns Bitcoin Protector

Former presidential bodyguard George Sax has a new task on his hands: protecting Bitcoin for the British cryptocurrency corporation Blockchain Ltd. Since Blockchain Ltd’s founding in 2011, the business has raised USD 70 million in equity capital and manages over 26 million digital wallets spanning 140 countries. Sax’s employment history boasts experience both as a former special […]

Black Gold, Texas Tea? No, Crypto Mining Next Big Thing in the Lone Star State

The US state of Texas and oil seem completely synonymous, with even a long-running TV series based around the black stuff, but now it seems there’s another money spinner in town; crypto mining. It seems that more and more Texans are taking to small-scale home-operated crypto mining according to the Dallas Morning News, and leaving […]

Europe: Crypto and Blockchain News Roundup, 13th to 19th July 2018

Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. United Kingdom UK to target carbon emissions with eco-digital company: The port city of Liverpool is striving to reduce its carbon footprint through blockchain technology […]

US Congressman Sherman Feels Wrath of Twitter After Anti Crypto Remarks

US Congressman Bradley Sherman has become extremely unpopular with Twitter followers over the past twenty-four hours. As reported yesterday by Bitcoin News, California Democrat Brad Sherman boldly declared his belief that all cryptocurrency mining and trades should be banned across the US. His announcement made during Wednesday’s long-awaited House of Representatives Financial Services Committee meeting […]

Japan Internal Affairs Denies Links to Regulator Exchange Inquiry

Japan’s Internal Affairs minister has refuted that she had any involvement in current FSA investigations into cryptocurrency exchanges. The minister, Seiko Noda, was accused of meddling in investigations which are only authorized to be conducted by the country’s financial watchdog, Japan’s Financial Services Agency (FSA). The current investigation is looking at a non-registered Toyko-based cryptocurrency exchange […]

New Zealand Bank Considers DLT to Boost Customer Service

SBS Bank in New Zealand is looking at blockchain and how the technology could impact customer account usability within its banking network. Local news source The Southland Times has reported that the bank recently discussed both cryptocurrency and blockchain at a recent SBS annual meeting, after which the bank’s group chief executive Shaun Drylie made the […]

Asia and Australia: : Crypto and Blockchain News Roundup, 13th to 19th July 2018

Asia and Australia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. South Korea New bureau announced to revise tax rules for “new-growth” technologies: Major advances in South Korea are forcing its financial watchdog […]