New Apple Virus Hijacking Computers to Mine Monero

New Apple Virus Hijacking Computers to Mine Monero

A new computer virus which infects Apple Mac OS computers and hijacks their processing power to mine the Monero cryptocurrency has been discovered by Malwarebytes Labs. This is the latest in a series of cryptocurrency miner viruses that have been infecting Mac OS computers including Pwnet, CpuMeaner, and CreativeUpdate. These viruses slow down computers since […]

Anti-Bitcoin Ads Target Former Obama Advisor

Anti-Bitcoin Ads Target Former Obama Advisor

Brian Forde is under attack by his opposition for accepting donations in Bitcoin. While the Federal Election Commission (FEC) gave Bitcoin donations the greenlight in a ruling back in 2014, this hasn’t stopped Dave Min from using it as the foundation of an anti-ad campaign. Min is a rival Democrat, also competing for a seat […]

Economic Savant Martin Weiss Claims Crypto Safer Than Banks

Economic Savant Martin Weiss Claims Crypto Safer Than Banks

Martin D Weiss, founder of Weiss Ratings Agency has made new predictions concerning proposed legislation aimed at making changes to the Volcker Rule, according to Weiss  Cryptocurrency Ratings. Next week, US Congress is expected to move towards changing parts of the Dodd-Franks Law, known as the Volcker Rule, writes the New York Times.  The bill, aimed […]

China Arrests 98, Recovers Record $266M from OneCoin Ponzi

China Arrests 98, Recovers Record $266M from OneCoin Ponzi

The Zhuzhou County Procuratorate in Hunan Province, China has arrested and prosecuted 98 people associated with the OneCoin cryptocurrency pyramid scheme, and has recovered CNY 1.7 billion (approximately USD 266 million at time of writing) in the process. This is the largest number of people involved in an investigation and the largest amount of economic […]

Crypto Skeptic India May Apply Tax Laws on Crypto in Possible Turning Point

Crypto Skeptic India May Apply Tax Laws on Crypto in Possible Turning Point

Anonymous sources in India are suggesting that the crypto-sceptical nation may be at a turning point with the possibility of a goods and service tax (GST) on cryptocurrency trading. Bloomberg reported that the government might be applying an 18% GST as there is a chance that the Indian government could classify cryptocurrencies as a supply […]

Amex Looks to Blockchain for Customer, Merchant Security

Amex Looks to Blockchain for Customer, Merchant Security

Multinational financial services corporation American Express is exploring the potential of a blockchain solution to increase customer and merchant security. Vice president of technology at American Express, Tereasa Kastel, spoke at the Oktane 18 conference in Las Vegas earlier this week, discussing the multiple uses for blockchain being explored by the corporation. Protecting identities and information […]

Russian Bear Poised to Pounce at Fintech Crossroads

Russian Bear Poised to Pounce at Fintech Crossroads

Recent statistics published by the Russian Association of Cryptocurrencies and Blockchain (RACIB) shows that Russian investors appear to be at a crossroads in the fintech space. The future of Russian cryptocurrency adoption is very much dependent on what lies ahead, particularly with regard to the Kremlin’s past stance which has never been favorable towards allowing the […]

Tim Draper Envisions Blockchain Solution to Government Efficiency Woes

Tim Draper Envisions Blockchain Solution to Government Efficiency Woes

Bitcoin bull and renowned financial investor Tim Draper laid out his vision for a blockchain-based solution to government efficiency problems at the GovTech Pioneers conference in Vienna, Austria on Wednesday. As reported by Cointelegraph, Draper’s opening speech presented a plan for future political governance, consisting of a shift to the use of blockchain technology that would employ smart contracts and […]

UN Partners with IOTA for ‘Tangle’ Tech to Boost Field Efficiency

UN Partners with IOTA for 'Tangle' Tech to Boost Field Efficiency

The United Nations Office for Project Services (UNOPS) has announced a collaboration with the IOTA Foundation to examine the feasibility of DLT streamlining its operations, according to Coindesk. The new partnership announced on Tuesday stated that the two organizations plan to utilize IOTA’s tangle technology which is easily compatible with Internet of Things devices, due […]

Bank of England on Crypto: Not If, but When

Bank of England on Crypto: No if, but when.

The Bank of England (BoE) has published recent findings for central bank digital currencies (CBDCs) that indicate such a government-issued currency is no longer a possibility, but an inevitability. The BoE’s recent findings suggest that a CBDC is entirely feasible and can be introduced with a minimum of risk, although it is unclear exactly what […]