Charlie Lee: Cryptocurrency Exchange Hacks Don’t Change Market Fundamentals

Charlie Lee: Cryptocurrency Exchange Hacks Don't Change Market Fundamentals

The founder of the major cryptocurrency Litecoin, Charlie Lee, was interviewed on CNBC following the USD 31 million Bithumb cryptocurrency exchange hack. He said that the Bithumb hack, and any other particular cryptocurrency exchange hack, does not affect the fundamentals of the market. He uses the example that if thieves rob a bank, that doesn’t […]

Intel Chip Plant, New Home for 3G Venture Mining in Colorado

Intel Chip Plant, New Home for 3G Venture Mining in Colorado

The California-based firm 3G Venture II has purchase part of an ex-Intel chip plant which it will use for its mining operation, writes Bitcoinist. The $13 million purchase of the Intel facility in Colorado Springs will certainly complement the towns’ current IT mood, which has attracted some major projects there over past years. Colorado Springs, […]

India’s Government Set to Launch IndiaChain as National Blockchain Boost to Economy

India's Government Set to Launch IndiaChain as National Blockchain Boost to Economy

The Indian government has announced the launch of IndiaChain a national blockchain project, reports Inside Bitcoins. The new project will support its current government-run project, IndiaStack, a unified software program which was originally initiated in order to further digitalize the country. Nine months in the making, IndiaChain will be a platform aimed at reducing fraud, […]

Freedom of the Press Foundation Receives 1000 ETH on Day One of Fundraiser

Freedom of the Press Foundation Receives 1000 ETH on Day One of Fundraiser

A non-profit organization, the Freedom of the Press Foundation (FPF) is now accepting cryptocurrency donations for its latest fundraising campaign, writes Cointelegraph The Freedom of the Press Foundation describes itself as a non-profit organization dedicated to helping support and defend public-interest journalism focused on exposing mismanagement, corruption, and law-breaking in government. They work to preserve […]

South Korea and US Vow Cooperation in Fourth Industrial Revolution (4IR)

South Korea and US Vow Cooperation in Fourth Industrial Revolution (4IR)

The US State Department and South Korea’s Ministry of Science and Technology (MSIT) will strengthen ties in preparation for what is now being called the Fourth Industrial Revolution (4IR), writes Cointelegraph. The statement, made at a press conference held in Seoul on June 22 will coordinate their IT policies and enhance cooperation on bilateral cybersecurity and […]