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Here’s how much ‘Bitcoin Twitter’ loves presidential candidate Andrew Yang
The hype surrounding the US presidential election in 2020 is growing palpable, and one candidate, Andrew Yang, is getting significant attention from the cryptocurrency community. Yang, of the Democratic Party, is absolutely the favorite of internet memelords, but he isn’t the only one appealing to the blockchain crowd. äàëüøå »
2019-3-21 20:13
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Switzerland inches closer to cryptocurrency regulation
Switzerland is getting closer to regulating cryptocurrencies. The Swiss Federal Assembly, the body tasked with handling government legislation in the country, yesterday approved a motion requesting the Federal Council regulate cryptocurrencies. äàëüøå »
2019-3-21 18:54
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Cryptocurrency scammer pleads guilty in $4M fraud case
AriseBank CEO Jared Rice, who faced 120 years in prison for defrauding investors of $4 million in a cryptocurrency scam, has pleaded guilty. The cryptopreneur plead guilty yesterday morning after standing in front of judges in Texas, local outlet Dallas News reports. äàëüøå »
2019-3-21 17:54
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Here’s the difference between ICOs and IEOs
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. People have been hailing security token offerings (STO) as the next initial coin offering (ICO), but there is momentum growing for a new type of blockchain-based fundraising. äàëüøå »
2019-3-21 17:01
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Mt. Gox readies to pay back creditors five years after hack
Troubled cryptocurrency exchange Mt. Gox is finally inching closer to settling its debt with creditors, some five years after it was hacked. According to new documents published by Mt. Gox‘s trustee Nobuaki Kobayashi (aka Tokyo Whale, as he’s known in cryptocurrency circles), a decision has been made with regards to creditor’s claims – they’ve been approved or disapproved – and the Tokyo District Court has been notified. äàëüøå »
2019-3-21 15:32
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PSA: Don’t use this fake Wasabi wallet to ‘store’ your Bitcoin
Watch out! Wasabi, the popular anonymizing Bitcoin wallet, has been been duped in an apparent bid to steal your Bitcoin — and the ruse comes complete with an entirely phony website. Wasabi’s co-founder, nopara73, shared the discovery this morning: “The first malware that pretends to be Wasabi […]. äàëüøå »
2019-3-21 14:34
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Facebook is hiring a lead for its blockchain counsel
It seems Facebook isn’t content with its 50-strong team dedicated to building its proprietary cryptocurrency, as it’s now looking to hire someone for its blockchain counsel. The social media giant is looking for a “lead commercial counsel, Blockchain” based at their Menlo Park, California headquarters. äàëüøå »
2019-3-21 12:51
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Twitter CEO Jack Dorsey says he will pay you to work on Bitcoin full-time
Twitter CEO Jack Dorsey has made an offering to the cryptocurrency community: he will pay developers to work full-time on Bitcoin Core and other “cryptocurrency ecosystem” projects. Are you currently contributing to bitcoin-core or other crypto ecosystem projects for free in your off-time? We’d like to pay you to do it full-time. äàëüøå »
2019-3-21 01:47
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Cryptocurrency platform Augur can’t fix ‘invalid market’ scam without huge update
Decentralized betting protocol Augur is dealing with a situation: fraudsters can illegitimately profit by gaming the system, and there’s not much its devs can do about it (for now). Augur co-founder Joey Krug recently addressed community concerns about scammers taking over the platform. äàëüøå »
2019-3-21 21:56
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Huawei is putting blockchain into the stratosphere
At its 2019 “Cloud Summit” industry conference in Hong Kong, Huawei unveiled a new blockchain-based cloud service. Huawei Cloud now offers blockchain oriented services designed to help Hong Kong-based businesses make use of the decentralized platform’s typical characteristics. äàëüøå »
2019-3-21 21:37
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Cryptocurrency exchange Cryptopia resumes trading months after debilitating hack
Cryptocurrency exchange Cryptopia has resumed trading following a debilitating hack in mid-January. The New Zealand-based company said on Twitter today that it had resumed trading “on 40 trade pairs […] quantified as secure,” adding that it would continue to expand its offering as more coins were cleared. äàëüøå »
2019-3-20 20:10
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North Korean dissidents are using Ethereum to overthrow Kim Jong-un
Political dissidents known as the Cheollima Civil Defense (CCD) are selling special “post-liberation blockchain visas” for cryptocurrency in a bid to raise funds for overthrowing Kim Jong-un — and they’ve already collected over $57,000 in Bitcoin. äàëüøå »
2019-3-20 17:03
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We shouldn’t care about companies accepting Bitcoin in 2019
Bitcoin – the original cryptocurrency – has been around for a decade, but it’s still struggling to achieve mainstream adoption despite some major companies accepting it as a payment method. I remember when Overstock. äàëüøå »
2019-3-20 12:49
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Malware rises from the dead to take vengeance on cryptocurrency trading firms
A Trojan-style malware that did the rounds a couple of years ago has risen from the ashes, and is reportedly going after Israeli fintech and cryptocurrency trading software companies. The Cardinal RAT malware was first spotted back in 2017 and went largely undetected for two years. äàëüøå »
2019-3-20 12:08
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Binance will let you buy Bitcoin with cash from 1,300 stores in Australia
Binance says cryptocurrency fans in Australia will soon be able to purchase Bitcoin from over 1,300 supported Newsagents across the country. The new service, “Binance Lite,” marks the first time the Malta-based exchange has managed to open a fiat gateway in Australia. äàëüøå »
2019-3-19 19:50
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Blackmailers are posing as CIA agents to steal your Bitcoin
A cryptocurrency fan has issued a warning: scammers are posing as the US Central Intelligence Agency (CIA) to fool you into giving up $10,000 worth of Bitcoin, so take notice. A Reddit post titled “CIA got me fam” displayed proof of a new bogus email campaign designed to trick potential victims into thinking they are subject of an international criminal investigation. äàëüøå »
2019-3-19 18:24
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Nobody wants a Bitcoin ETF because cryptocurrency ‘has no intrinsic value’
We’re going to have to take a step back and rethink the whole “Bitcoin exchange traded funds (ETFs) are coming” trope. In February earlier this year, the Securities and Exchange Commission (SEC) put out a solicitation request opening the floor for the public to comment and provide their thoughts on the possibility of allowing a regulated and recognized Bitcoin ETF. äàëüøå »
2019-3-19 17:48
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Japan tightens grip on cryptocurrency margin trading
Japan, the home of the now-defunct cryptocurrency exchange Mt. Gox, is establishing stricter rules for cryptocurrency margin trading to prevent investors from getting scammed. Margin traders typically use borrowed funds from a broker to trade a financial asset, which in turn, forms the collateral for the loan supplied by the broker. äàëüøå »
2019-3-19 15:14
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‘Drug-dealing’ football coach set to join suit against Bitcoin trader over $14M loss
In Australia, a suite of high-profile cryptocurrency investors (which could include accused drug trafficker and former football coach Mark “Bomber” Thompson) are preparing to take their Bitcoin fund manager to court over $14. äàëüøå »
2019-3-19 13:52
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‘Drug-dealing’ football coach sues Bitcoin fund manager over $14M loss
In Australia, a suite of high-profile cryptocurrency investors (including accused drug trafficker and former football coach Mark “Bomber” Thompson) are preparing to take their Bitcoin fund manager to court over $14. äàëüøå »
2019-3-19 13:52
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Hacker selling 26M stolen user records in exchange for $5,000 worth of Bitcoin
A hacker by the name of Gnosticplayers is trying to sell more than 26 million user records on the dark web in exchange for $5,000 worth of Bitcoin (1. 2431 BTC). This is the fourth data dump posted on Dream Market – an online darknet marketplace founded in late 2013 – by the hacker, who previously put up more than 840 million user records since mid-February. äàëüøå »
2019-3-19 13:33
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Visa is looking for someone to spearhead permissionless blockchain
Global payment services provider and Fortune 500 company, Visa, is showing signs that cryptocurrency and blockchain will be part of the company‘s future. According to a job posting on recruitment platform SmartRecruiters, Visa is looking for an individual passionate about payments and cryptocurrency, and is already well-connected in the cryptocurrency and fintech industry. äàëüøå »
2019-3-19 12:26
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Inside Craig Wright’s blockchain patent ‘empire’
Steven Craig Wright, the man who has, on various occasions, claimed to be Bitcoin’s legendary creator (or creators) Satoshi Nakamoto is trying to build a cryptocurrency and blockchain patent empire. äàëüøå »
2019-3-18 18:19
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Citibank ditches plans for its own cryptocurrency, bets on SWIFT instead
One of the world’s top 20 banks by asset value, is ditching plans to create its own digital asset – and abandoning all of its cryptocurrency experiments. Instead, it’s betting on a SWIFT. Citibank is not following in the footsteps of JP Morgan with the creation of its own cryptocurrency, believing there are better ways of making improvements to existing financial transaction systems, CoinDesk reports. äàëüøå »
2019-3-18 18:15
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Australia’s new blockchain strategy is $71K and a non-existent roadmap
The Australian government says its budding blockchain industry needs to be a “world leader,” so it’s promised to write a roadmap and donate AU$100,000 ($71K) towards advancing its usage within the public sector. äàëüøå »
2019-3-18 13:17
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Moonday Morning: Bitcoin dev ordered to prove Craig Wright isn’t Satoshi
It’s Monday which means it’s Moonday Morning and time to catch up with the top news from over the weekend. Let’s get to it. 1. Canadian financial regulators are learning from the QuadrigaCX debacle and are taking action to begin regulating cryptocurrency exchanges to mitigate the risks associated with virtual currency exchanges. äàëüøå »
2019-3-18 12:36
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Tokyo crypto-cops nab their first cryptocurrency hacker: the $134K Monacoin thief
In Japan, an 18-year-oldcy from Monappy, a cryptocurrency-infused social media platform, reports JapanTimes. The man later admitted to repeatedly hacking the Monappy service between August and September last year, which caused it to pay out cryptocurrency illegitimately. äàëüøå »
2019-3-15 18:22
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Mt. Gox
Mark Karpeles with user funds kept on Mt. Gox in a bid to obfuscate the losses. He was handed a 33-month suspended sentence, Bloomberg reports. The Tokyo District Court also found the Frenchman ‘not-guilty’ of embezzlement, after it decided he had committed those crimes without ill intent. äàëüøå »
2019-3-15 13:36
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Delve deep into Bitcoin’s craziest conspiracy theories
Bitcoin has always been shrouded in mystery, and to this day, not much is known about its origins or the identity of its creator. The uncertainty of Satoshi Nakamoto‘s identity has spawned a host of conspiracy theories, and a lack of unequivocal proof means some are plausible, while others are obviously outright ridiculous. äàëüøå »
2019-3-14 19:55
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A brief history of Mt. Gox, the $3B Bitcoin tragedy that just won’t end
Mt. Gox first Bitcoin exchanges on the web, but it wasn’t always related to cryptocurrency. Back in 2007, programmer Jed McCaleb purchased the mtgox. com domain for an online trading platform for virtual cards used in the game Magic: The Gathering. äàëüøå »
2019-3-14 18:54
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Years after brutal $2M hack, Gatecoin cryptocurrency exchange is dead
Seminal cryptocurrency exchange Gatecoin is dead. It’s finally going into liquidation, years after it lost $2 million in cryptocurrency belonging to its customers. Gatecoin was one of the first regulated digital asset exchange services to spring up. äàëüøå »
2019-3-14 14:24
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Shell is recruiting science graduates to build blockchain use cases for oil and gas
The world’s fifth largest oil and gas producer in the world, Royal Dutch Shell, is getting further into the blockchain game, and is looking to train the next generation of blockchain industry execs. äàëüøå »
2019-3-14 14:08
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Hackers who stole $150,000 from buggy Bitcoin ATMs still at large
Yesterday, Toronto police issued a statement requesting public help to locate four men suspected of carrying out a string of Bitcoin scams across Canada. Late last year, the Calgary police service received information relating to numerous fraudulent transactions made at Bitcoin ATMs that specifically target one Canadian Bitcoin company. äàëüøå »
2019-3-14 12:23
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Ethereum insiders deny there’s only one computer keeping a copy of its blockchain
Ethereum‘s most recent fork was (eventually) successful, but it came with unintended consequence: the greater cryptocurrency community learned of its special “big, scary nodes,” and immediately freaked out. äàëüøå »
2019-3-13 19:50
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Data: China has the most blockchain patents, despite banning cryptocurrency
Patents have always been controversial in the cryptocurrency and blockchain space because most projects are established on the premise of decentralization and open source code. It’s for this very reason that the notion of intellectual property (IP) is incredibly contentious. äàëüøå »
2019-3-13 17:18
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Abra finally treats its users as adults, lets them handle Ethereum directly
Yesterday, cryptocurrency wallet and services provider, Abra, announced that users can now purchase Ethereum through its Android and iOS apps. You’d be forgiven if you thought this was already the case, but it wasn’t. äàëüøå »
2019-3-13 17:02
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Here’s what Thailand should call its first ICO/STO portal
The Thai Securities and Exchange Commission (SEC) has approved the country’s first initial coin offering (ICO) portal to police the issuance of digital, blockchain-based tokens. The portal is almost ready to launch and is awaiting final approval from other government agencies like the Commerce Ministry, the Bangkok Post reports. äàëüøå »
2019-3-13 14:01
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Fuck Aladdin, CRYPTO is the only live action film we want to see
Fuck, it’s real. The official trailer for CRYPTO, Hollywood‘s attempt at a cryptocurrency movie, has finally dropped. Fuck fuck fuck fuck. CRYPTO (somehow) stars Kurt Russell, Luke Hemsworth, and Alexis Bledel. äàëüøå »
2019-3-12 19:44
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SEC chairman explains how it classifies cryptocurrencies as securities
Consider it confirmed: the Howey test is definitely the US Securities and Exchange Commission’s (SECs) gold standard benchmark for deciding whether a cryptocurrency is in fact, a security. “Security” is a term used for describing certain financial assets that can be traded. äàëüøå »
2019-3-12 18:06
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4 cryptocurrency Twitter takes you really need to read
Twitter is where the hottest of cryptocurrency and blockchain takes live and die. It’s where founders fling shit at one another over seemingly arbitrary disagreements, and it’s where the most flamboyant of pundits flex their wit. äàëüøå »
2019-3-12 14:59
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Alibaba finally got its shitcoin namesake to drop its name
After losing a preliminary copyright lawsuit last year, cryptocurrency knock-off Alibabacoin has finally rescinded and agreed to stop using the Alibaba name. In a joint statement released on Monday, Alibabacoin and Alibaba announced they have reached an agreement which will see Alibabacoin change its name, Reuters reports. äàëüøå »
2019-3-12 12:48
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EU demands new standards for blockchain interoperability
As the blockchain sector evolves, it’s important for policy makers and industry to co-create standards to make multi-layered, interoperable chains a reality. That’s one of the recommendations made by The EU Blockchain Observatory & Forum – a European Commission initiative tasked with accelerating blockchain innovation and development – in its latest report, which identifies scalability interoperability, and sustainability as the main challenges facing the industry. äàëüøå »
2019-3-12 20:00
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Bitcoin scammers used Facebook ads to swindle Chinese businessmen out of $250K
Authorities have sentenced three criminals for robbing a group of Chinese businessmen in Dubai. The crooks stole over $250,000 (Dh1 million) from four businessmen after luring them to an apartment in Al Rafaa, Dubai at the end of March, local news reports. äàëüøå »
2019-3-11 18:14
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Problem gamblers more likely to obsessively trade cryptocurrency, research finds
A new study has linked cryptocurrency trading obsession with problematic gambling – those who bet too regularly are at an elevated risk of trading cryptocurrency more frequently. The study, which surveyed 876 adults who had gambled at least monthly, found that more than 50 percent of participants had traded cryptocurrency over the past year. äàëüøå »
2019-3-11 16:15
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Here are the 3 ways OneCoin defrauded cryptocurrency investors for billions
The alleged ringleaders of OneCoin, the multi-billion dollar cryptocurrency-fuelled pyramid scheme, have finally been busted. On Friday, US authorities apprehended brother-and-sister duo Konstantin Ignatov and Ruja Ignatova at Los Angeles International Airport over their role in the international blockchain-based scam, reports Bloomberg. äàëüøå »
2019-3-11 14:42
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eToro now lets you buy cryptocurrency straight from your wallet
eToro is making it easier to load up your wallets with cryptocurrency. The company announced users of its standalone wallet – available for Android and iOS – can now buy crypto-assets directly from the app itself. äàëüøå »
2019-3-11 14:01
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Moonday Mornings: 30% of cryptocurreny startups failed in 2018
Another weekend has come and gone, meaning thereantander, against cryptocurrency exchange, Mercado Bitcoin. Banco Santander originally closed the exchange’s account, claiming it had breached the bank’s policy. äàëüøå »
2019-3-11 12:58
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Fixing the financial literacy gap will attract more women to Bitcoin
The blockchain and cryptocurrency industry is dominated by men – fact. There are many reasons as to why this could be the case – namely a pipeline problem or the rhetoric that men are typically (and allegedly!) more interested in technology – but a recent study has posed an interesting question. äàëüøå »
2019-3-9 20:33
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Revolut launches auto-exchange for cryptocurrency – and I can’t find a reason to hate it
Online challenger bank, Revolut, has just introduced a new feature which makes it easier to protect yourself from volatile cryptocurrencies. Earlier this week, Revolut launched what it is simply calling its “auto-exchange” feature, which will allow users to automatically exchange two currency pairs – fiat and cryptocurrency – when the pair hits a specific exchange rate. äàëüøå »
2019-3-8 19:48
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North Korea amassed small cryptocurrency fortune through hacking, says UN panel
North Korea has obtained some $670 million in virtual and fiat currency in a bid to bypass economic sanctions put in place as a result of its nuclear and missile programs. The country amassed the funds through cyber attacks, Nikkei says citing an expert panel reporting to the UN Security Council. äàëüøå »
2019-3-8 14:24
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