Star Trek Legend Captain Kirk to Beam Up Bitcoin With Solar-Powered Mining

Star Trek Legend Captain Kirk to Beam Up Bitcoin With Solar-Powered Mining

Star Trek legend William Shatner, who plays Captain Kirk in the popular series about interstellar space travel, has become the spokesperson for Vancouver-based Solar Alliance which is building a solar-powered Bitcoin mining farm in an abandoned factory in Murphysboro, Illinois. Captain Kirk’s phrase “beam me up Scotty” has become part of the American lexicon, and […]

Walmart Patent Integrates Crypto to Control Electricity Usage

Walmart Patent Integrates Crypto to Control Electricity Usage

Walmart has filed a patent application with the United States Patent and Trademark Office which would control electricity usage by integrating cryptocurrency and blockchain technology. The system described in the patent would allot a fixed amount of cryptocurrency for electricity usage in a house, and this cryptocurrency would be used to purchase electricity from a […]

Crypto Community Critiques Bitcoin-Tether Manipulation Study

Crypto Community Critique Bitcoin-Tether Manipulation Study

A study published earlier this week by economics professor John M Griffin concluding that the value of Bitcoin has been manipulated via Tether (USDT) has been rejected by portions of the cryptocurrency community, with the criticism that it had clearly not been peer-reviewed. Findings of the study Griffin claims in his research that Bitcoin has been […]

Chinese Bitcoin Tycoons’ Battle of Words Over BTC 30,000

Chinese Bitcoin Tycoons' Battle of Words Over BTC 30,000

Chinese entrepreneur Chen Weixing has got himself in hot water after accusing a fellow national “Bitcoin tycoon” of misrepresenting the truth over raising Bitcoin funds, writes Coindesk. Chen, CEO of an app-development firm called Fun City, is a known blockchain enthusiast, having invested in a long list of Chinese blockchain projects, including Qtum and Tron, […]

SEC Says Bitcoin, Ethereum Not Securities Due to Decentralized Nature

SEC Says Bitcoin And Ethereum Not Securities

The director of the Securities and Exchange Commission (SEC) division of corporate finance, William Hinman, has announced that Bitcoin and Ethereum will not be regulated securities and are, therefore, not under the jurisdiction of the SEC. This follows an announcement from SEC chief Jay Clayton earlier in June 2018 that Bitcoin was not a security, […]

McAfee Makes Cyber Security Top Priority to Protect Blockchain

McAfee Makes Cyber Security Top Priority to Protect Blockchain

Cybersecurity giant McAfee has released a report which identifies online security risks associated with digital currencies, stating that cybersecurity is now the company’s top priority, writes Econotimes. McAfee has urged that this needs careful consideration, as the growth of this burgeoning economy could be threatened by cyber risks. The company’s report has also identified four of […]

Suning Bank in China Using Blockchain Tech for Credit Blacklist

Suning Bank in China Using Blockchain Tech for Credit Blacklist

Suning Bank, one of the largest non-government retailers in China with 1,600 stores in 700 cities, has developed and is testing a blockchain-based blacklist that would help reduce credit fraud. The bank will move its blacklist of suspect borrowers with low credit scores to a distributed blockchain ledger, with the goal of collaborating with other […]

Thailand’s New SEC Crypto Laws Set to Approve 5 ICOs

Thailand's New SEC Crypto Laws Set to Approve 5 ICOs

Thailand’s financial regulator is set to approve five projects this month out of an estimated 5O ICOs expecting to raise funds from the Thai capital market, writes Bitcoin.com. The Thai Securities and Exchange Commission (SEC) is expected to approve the as yet undisclosed projects as the new law to regulate cryptocurrencies and ICOs comes into […]

Ex-Trump Strategist Bannon: Bitcoin is Disruptive Populism

Ex-Trump Strategist Bannon: Bitcoin is Disruptive Populism

Stephen Bannon, the former chief strategist for President Donald Trump of the United States, says Bitcoin takes control back from central authorities and that is disruptive populism. He has invested a “good stake” in Bitcoin, and his investment business Bannon & Company has been meeting with cryptocurrency investors and hedge funds to discuss initial coin offerings. […]

Michigan Seeks to Add Crypto to Criminal Statutes

Michigan Seeks to Add Crypto to Criminal Statutes

On 12 June, the Michigan State Legislature received three bills aimed at providing legal definitions of cryptocurrency and distributed ledgers, according to ETH News. Since then, a fourth bill has been introduced adding “cryptocurrency” and “distributed ledger technology” to the list of “financial transaction devices”, of which theft or fraudulent possession are felonies. Michigan’s attempt to […]