Marriage Unblocked Lets People Marry on Blockchain

Swedish Fashion Service Marriage Unblocked Lets People Marry on Blockchain

Swedish fashion brand Bjorn Borg has launched a new service called Marriage Unblocked that decentralizes the marriage process by allowing anyone to exchange marriage vows. The marriage and vows are then stored in an immutable record on the Ethereum blockchain and a digital marriage certificate is given to the couple. Storing marriage records on the […]

Bitcoin Dealer Faces Prison for Over $6M in Unlicensed Transactions

Bitcoin Dealer Going to Prison After Handling Unlicensed Transactions Worth Millions

Theresa Tetley of Los Angeles, who operated under the pseudonym Bitcoin Maven, making USD 300,000 a year from 2014 to 2017 by dealing Bitcoin on Localbitcoins.com, now faces up to 30 months in prison for operating an unregistered money transmitting business. In total, she transacted USD 6 to 9.5 million in Bitcoin on the popular peer-to-peer […]

Hackers Collect $20 Million in Ether from 3-Yr Old Geth Flaw

Hackers Collect $20 Million in Ether from Years Old Geth Flaw

Hackers have stolen more than ETH 38,000 worth over USD 20 million in a single wallet by exploiting a vulnerability in the Geth Ethereum client, despite a warning three years ago from the developers of Ethereum about this specific exploit. There was an additional warning in March 2018 that hackers had successfully stolen ETH 4 with […]

500,000 Swiss Vote for Bitcoin-Like Financial System

500,000 Swiss Vote for Bitcoin-Like Financial System but Public Not Ready Yet

Crypto-friendly Switzerland went to polls on Sunday to vote on the ‘Sovereign Money Initiative’ which would have seen the country bar any institution besides the central bank from creating new money, reports Forbes. The system would have seen a door opening for the central bank to adopt a blockchain solution, not unlike Bitcoin; an alternative sovereign […]

Lithuanian Ministry of Finance Reveals Guidelines on ICO Tokens

Lithuanian Ministry of Finance Reveals Guidelines on ICO Tokens

The Lithuanian minister of finance considers the country to be in the “middle of explosion of ICOs and blockchain based projects”, as the ministry published a thoughtful guideline document that acknowledged “the brave new crypto economy world”. In the document, the guidelines bring to light how cryptocurrencies should be regulated and taxed. It outlines that […]

Ireland Lines Up to Become “Global Blockchain Center of Excellence” with New Initiative

Ireland Lines Up to Become "Global Blockchain Center of Excellence" with New Initiative

IDA Ireland has announced that it wants to promote the Irish Republic as an ideal location for international businesses focused on blockchain, according to The Irish Times. The state body is the agency responsible for the attraction and development of foreign direct investment in Ireland. Its new initiative, established by the Irish Blockchain Expert Group, […]

First Certified Bitcoin Exchange Launches In Laos

First Certified Bitcoin Exchange Launches In Laos

Vientiane Money Exchange has become the first certified Bitcoin exchange in the Southeast Asian nation of Laos. It is headquartered in the capital of Laos and is planning on installing Bitcoin ATMs across the country starting on 1 July 2018 with deposit and withdrawal functionality. The exchange and ATMs will facilitate the use of seven […]

South Korean Exchange CoinRail Suffers Major Hack

South Korean Exchange CoinRail Suffers Major Hack

Sources over the weekend suggested that South Korea Cryptocurrency platform CoinRail had been hacked, a fact that was confirmed on its website this morning, according to Reuters. CoinRail’s statement explains that its system suffered a “cyber intrusion” on Sunday causing a loss of 30% of its traded coins. Sources speculate that the amount stolen might be […]

Former FDIC Chair Warns US Federal Reserve It Needs Own Cryptocurrency

Former FDIC Chair Warns US Federal Reserve It Needs Own Cryptocurrency

Sheila Bair, former chair of the US Federal Deposit Insurance Corporation (FDIC), has suggested that the Federal Reserve Bank should seriously consider the prospects of a central bank issued digital currency (CBDC), reports Yahoo Finance. The concept of a cryptocurrency called FedCoin has provoked interest over past years, based on an idea proposed in 2014 […]

Women’s Crypto Interest Has Doubled This Year, Millennials Lead the Way

Women's Crypto Interest Has Doubled This Year, Millennials Lead the Way

The number of women showing an interest in investing in cryptocurrencies has gone from 6% to 13% over the last six months, reports City AM. The report, conducted by cryptocurrency firm London Block Exchange, showed that cryptocurrency is most popular with women in the millennials group. Another survey conducted by Reddit at the end of […]