Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.”
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UAE-Saudi Arabian Digital Currency ‘Aber’ to be Restricted to Select Banks at Start
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Japan’s Prime Minister Appoints Pro-Blockchain Figure as Minister of Science, Tech, IT
A prominent pro-blockchain politician has been appointed as Minister of Science, Technology, and IT as part of the fourth reshuffle Japanese Prime Minister Shinzō Abe's cabinet, Cointelegraph Japan reported October 2.Takuya Hirai, a member of the ruling Liberal Democratic Party (LDP), and reportedly one of the architects of a law legalizing crypto exchanges in Japan…
Australian Reserve Bank Official Advises Caution in Anticipation of Libra
Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream usage in the near future, according to a report by Bloomberg on June 20The report quotes Lowe as follows regarding Libra:“There’s a lot of water under the bridge before Facebook’s proposal becomes something we’re using all…
OKEx users express frustration over suspended withdrawals
“It's a bit weird one of the biggest exchanges in the world isn't letting us withdraw money for so long,” said one crypto Twitter user. 1371 Total views 11 Total shares Major exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time…
Cryptojacking Almost 5 Times More Prevalent in India Than Global Average
A new Microsoft report states that India encounters the second-highest number of cryptojacking incidents in the APAC region. 975 Total views 8 Total shares Cryptojackers are hitting pay dirt in India, according to Microsoft's newly released Security Endpoint Threat Report 2019.The report states that web users in India encounter crypto mining malware attacks at a…
Major Latin American Development Bank Pilots Blockchain for Land Registry
The Inter-American Development Bank (IADB) is implementing three different blockchain pilot projects to test if blockchain technology is able to solve some of the problems of land titling and registries.On Oct. 28, blockchain startup ChromaWay reported that it is collaborating with IADB on a two-year project in Bolivia, Peru and Paraguay on an initiative called…
Crypto’s record-breaking year sees spike in kidnappings and ransom schemes
A rise in ransomware, kidnappings and extortion shows the growing risks faced by crypto traders and investors as the sector expands.
Crypto Markets Trading Sideways With Slight Losses, April Gold Closes Slightly Down
Thursday, Feb. 14 — most major cryptocurrencies are trading sideways, with a few experiencing minor losses. The markets are seeing mixed signals as of press time, according to data from Coin360.Market visualization from Coin360The leading digital currency Bitcoin (BTC) is slightly down 0.19 percent on the day, trading at around $3,620 at press time. Over…