North Korean Cybercriminals Target Individuals After Tighter Crypto Exchange Security
North Korea-based cybercriminals have cast their attention on to individual cryptocurrency investors and away from larger exchanges, according to a report from the South China Morning Post. Founder of cyber warfare research group IssueMakersLab, Simon Choi, has confirmed the growing change in tactics by cybercriminals from South Korea’s northern neighbor. This, after a step up […]
Maduro Raises Petro Price by 150%, Revealing Lack of Free Market
The President of Venezuela, Nicolas Maduro, has announced that the price of the Petro (PTR) will be increased from 3,600 Sovereign Bolivars (VES) to VES 9,000. This announcement coincided with a 150% increase in the minimum wage for Venezuelan workers. This implicitly indicates that there is no free market for the Petro, which is more […]
Critical NEO Bug Allows Hackers to Remotely Steal Crypto
NEO, a major cryptocurrency with a market cap in excess of USD 500 million and USD 100+ million of daily trading volume, apparently has a critical bug that allows hackers to remotely steal cryptocurrency. Tencent Security Labs, the security branch of Chinese internet giant Tencent, identified this bug and has issued guidelines on how to […]
UK Fund Processor Calastone to Save $4.3 Billion with Blockchain Operations
The Financial Times reported yesterday that UK leading investment fund processing firm Calastone will be considering moving its activities to the blockchain by May 2019, saving up to USD 4.3 billion in costs annually. Calastone manages an industry share of more than USD 217 billion a month, to include transaction among buyers, sellers, and distributors. According […]
BitcoinNews.com Daily Podcast 2nd December 2018: Which Crypto Will Survive Long Term?
Listen to the 2 December 2018 BitcoinNews.com Daily Podcast below. [su_audio url = “https://anchor.fm/s/58aba88/podcast/play/1830934/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-11-3%2F6490133-44100-2-0b5cb4fc28b3b.mp3”] On this edition of the BitcoinNews.com Daily Podcast, we analyze the crypto market, and suggest that cryptocurrencies with unique characteristics and strong communities such as Bitcoin, Ethereum, Litecoin, Dogecoin, Monero and others might be the cryptocurrencies to survive long term. Follow the […]
Crypto Reading Catch Up? Now Could Be the Perfect Time
With cryptocurrencies currently languishing ahead of their next step major step forward as international interest continues to grow, now might be the time to grab something to read, do some research, fill a few educational gaps, and prepare for the future as the industry gathers new momentum. Whether it be a fiction or a non-fiction […]
G20 Calls for Universal Crypto Taxation Rules
Cryptocurrency and taxation have found their way among the main headlines coming out of the latest 2018 G20 meeting in Buenos Aires, alongside further commitments to fight climate change. The G20 has now announced the desire for universal cryptocurrency taxation legislation to cover all jurisdictions within its remit with the body planning to regard itself […]
SEC Cracks Down on ICO Promoters, Social Media Influencers
ICO promoters and other social media influencers will now be targeted by the US Securities and Exchange Commission (SEC). The SEC is not known to be friendly towards ICOs and has a number of cases against token launches. The recent settlement with music mogul DJ Khaled and professional boxer Floyd Mayweather are examples of SEC […]
Japan Implementing ICO Regulations to Protect Investors
The financial regulator of Japan is going to introduce a new set of regulations for ICOs, aiming to protect the funds of investors. This was reported by Jiji Press, a local news outlet. The news outlet reported that organizations and companies wishing to execute ICOs will need to register with Japan’s Financial Services Agency (FSA). […]
Estonia to Amend Recently Passed AML Law to Include Crypto Services
A financial newspaper from Estonia, Äripäev reported that the local government is going to amend one of its recently passed financial bills to include crypto related clauses. The new version of the Anti Money Laundering and Terrorist Financing Prevention Act will be going through these changes in less than a week of its passing. The amendment is […]
