Former TON Foundation execs establish new community initiative
The newly launched TON Society will manage events and channels for The Open Network, driving community participation and decentralized governance.
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Cryptocurrencies Not Currently Viable for Terrorism Financing: Think Tank
Cryptocurrencies are not well-suited for the needs of terrorist groups, United States nonprofit think tank RAND Corporation states in a report published on March 27.The report, dubbed “Terrorist Use of Cryptocurrencies: Technical and Organizational Barriers and Future Threats,” is focused on two main angles — how terrorists use cryptocurrencies in their current state and how…

Judge Rules Craig Wright Must Only Pay 20% of Kleiman’s Attorney Fees
United States Magistrate Judge Bruce Reinhart has ruled that the self-proclaimed Satoshi Nakamoto, Craig Wright, must pay only 20% of the legal fees requested by the estate of the late-Dave Kleiman.According to March 16 court documents, the attorneys representing Dave’s brother Ira requested a total of $592,558 for legal fees for hourly rates of between…

Billionaire Investor Tim Draper Quit Stocks for Bitcoin 6 Months Ago
Tim Draper now holds “a lot” of his portfolio in Bitcoin (BTC) after pulling his wealth out of public stock markets six months ago.Speaking to CNBC on Feb. 24, the VC investor and serial Bitcoin proponent revealed that he had significantly added to his crypto holdings since last year. Draper: “Uber drivers were day trading”“It’s a…

Bitcoin network hashrate reaches new all-time high
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion.

Iceland: Figurehead in Bitcoin Miner Heist Jailed for More Than Four Years
An Icelandic man has received a four-and-a-half-year prison sentence for stealing Bitcoin mining equipment, local English-language news outlet Iceland Monitor reported Jan. 17.Sindri Þór Stefánsson, who in April 2018 boarded a flight to Stockholm from Reykjavik reportedly with a stolen passport, was subsequently arrested in Amsterdam and returned home. Stefánsson claimed he legally fled custody…

Michael Saylor tells Microsoft it’s value could soar $5T with Bitcoin
MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin.

SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change Proposal
The United States Securities and Exchange Commission (SEC) started reviewing a rule change proposal for NYSE Arca’s Bitcoin (BTC) exchange-traded fund (ETF) on Feb. 11, according to an official document published today, Feb. 15.According to the notice, the NYSE Arca exchange filed a rule change proposal to list and trade shares of the Bitwise Bitcoin…

Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries
Despite the downturn that shackled the crypto markets in 2018, there is a renewed sense of optimism, as some experts believe the crypto market could fare better in 2019. Canadian-based CoinField plans to make crypto trading more accessible and cheaper for investors — irrespective of where they live — so they can take advantage of…