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Chinese Police Hold MicroBT Crypto Mining Maker’s CEO Over IP Infringement Allegations
Zuoxing Yang, known as the CEO and founder of MicroBT, a BTC miner maker based in China, has been detained and held by the local police. According to reports from local media outlets, the investigation is regarding the infringement of intellectual property by the firm. дальше »
2019-11-9 00:04 | |
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Bitcoin Usage May Spike Following Cash Restrictions in Malaysia
Malaysia is set to become the latest country to impose restrictions on cash transactions. The move could force more people to look towards bitcoin and crypto adoption in general as a way of getting around such limitations. дальше »
2019-11-8 18:40 | |
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Defense Minister in India: Big Data, AI and Blockchain Have Revolutionized the Future of Warfare
According to the Defense Minister in India, big data, artificial intelligence, and blockchain technology are expected to form an important part of tomorrow’s warfare. In a November 4th report published by Times of Media, a local daily news outlet, Rajnath Singh, went to great lengths to highlight the role played by blockchain technology, artificial intelligence, […] дальше »
2019-11-5 20:34 | |
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China’s Guangzhou government to subsidize local blockchain projects with $150M
The government of Guangzhou, a province in southern China, announced that it will launch a $150 million subsidy fund to aid the development of local blockchain projects. The government will selectively sponsor up to two “blockchain-related” projects per year, local Chinese media reported. дальше »
2019-10-31 23:10 | |
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Tencent Takes Charge in Crafting International Standards For Blockchain Invoices
The Chinese giant Tencent has recently been allowed by Chinese tax officials to move forward with a process to draft the new international standards for blockchain-based invoices. According to the reports from local media outlets, the project was backed by several other countries, too. дальше »
2019-10-29 21:40 | |
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China Authorities Arrest 6 People Related to GGP Crypto Scam (Global win-win Token)
Six people were recently charged by the Chinese police for their connection to a crypto scam. According to the reports from local media outlets, the police of the Jiangsu Province believes that these six fraudsters conned around 10,900 investors. дальше »
2019-10-25 00:31 | |
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National Bank of Cambodia (NBC) To Test Bakong Crypto Wallet For International Payments
The Central Bank of Cambodia has recently announced that it plans to diminish the costs of cross-border transfers and payments by using a digital wallet based on a blockchain called Bakong, powered by the Hyperledger technology. дальше »
2019-10-19 00:05 | |
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Bank of Canada to Fight Crypto with Own Digital Currency
The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control. дальше »
2019-10-17 15:00 | |
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Rumors Bitcoin Mining Giant to IPO in US Next Month
One of the biggest bitcoin mining manufacturer is to IPO according to the unnamed sources of a credible China based local media. They say Canaan Creative “will be listed in... The post Rumors Bitcoin Mining Giant to IPO in US Next Month appeared first on Trustnodes. дальше »
2019-10-11 16:43 | |
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French tobacconists to start selling shady Bitcoin coupons — again
French tobacconists are getting another chance to sell Bitcoin coupons after the scheme had to be suspended earlier this year. Local media has reported that the scheme will restart today, allowing 5,200 tobacconists to sell coupons that can be redeemed for Bitcoin. дальше »
2019-10-10 14:44 | |
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BK Consortium Failing To Close On Majority Stake In $333 Million Bithumb Acquisition Deal
BK Consortium’s bid to acquire South Korean exchange Bithumb may have fallen apart according to reports surfacing from the Asian country’s local media. The exchange may reportedly end up with new owners after the deal to place it in BK’s hands has hit a brick wall. дальше »
2019-9-30 16:32 | |
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Bithumb Acquisition Deal Appears To Be ‘Off’
An acquisition deal for South Korean crypto exchange Bithumb is widely expected to fall through, local media reports
дальше »2019-9-30 12:06 | |
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Cryptocurrency Might Be Treated as Treasure Under Russia’s Tax Code
Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures. дальше »
2019-9-27 11:00 | |
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Chinese Homecoming — Crypto Companies Make Their Way Back to Asia
After leaving China in 2017, Binance recently made its first major investment in the country by backing a local crypto/blockchain media outlet called Mars Finance
дальше »2019-9-26 22:29 | |
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China’s Central Bank Affirms That National Digital Currency Has No Timeframe For Launch
China has confirmed its plans to launch its own central bank-based digital currency but does not have a timeframe right now. This is what the local media outlet Global Times revealed after the local central bank, the People’s Bank of China, commented on the situation of the project. The governor Yi Gang was quoted by […] дальше »
2019-9-25 20:15 | |
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Facebook hosts fraudsters targeting the upcoming launch of Telegram’s TON Network
Telegram is all set to launch its much-anticipated TON network soon. However, scammers have already started to flood Facebook’s Russian pages with investment scam advertisement using Telegram Founder Pavel Durov’s photos. дальше »
2019-9-21 23:30 | |
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Singaporean Bank OCBC Gets Onboard with JPMorgan’s Quorum-Based Blockchain Network
OCBC, one of the largest banking institutions in Singapore, has recently joined the JPMorgan Chase’s blockchain network, according to reports from local media outlets. Right now, there are 134 banks from the Asia-Pacific as part of the Interbank Information Network. дальше »
2019-9-21 22:16 | |
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Ex-Russian Professional Ice Hockey Player Caught Up in Fake Bitcoin Scheme Worth $700,000
Igor Musatov, a former pro ice hockey player who lives in Russia, has recently been detained in relation to a case in which around $700,000 USD worth of Bitcoin (BTC) was swindled from the CEO of a technology company. дальше »
2019-9-18 00:44 | |
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LG To Develop A Blockchain Phone To Rival Samsung’s Klaytn And HTC Exodus 1 Smartphones
LG, the electronics giant from South Korea, is working hard to remain competitive and the latest move of the company was to imitate its competitor Samsung and launch its own blockchain phone, local sources told the Chosun media outlet. дальше »
2019-9-9 22:29 | |
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Moonday Mornings: Justin Sun reportedly invited Donald Trump to Warren Buffett lunch
Every Monday, we round up important cryptocurrency and blockchain news that you might’ve missed while you’ve been out socializing/spending time with your loved ones/inhaling macaroni and cheese while you binge-watch some Netflix bullshit. дальше »
2019-9-9 13:34 | |
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South Korean Blockchain Industry in Danger of Decline
The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement. дальше »
2019-9-3 21:00 | |
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Bitcoin used for purchase of illegal drugs as Chinese law enforcement tightens clampdown
According to local media news reports, police officers in the customs department of China’s northeastern province, Jilin, have recently stopped a cross-border deal involving drugs paid for by using Bitcoin. дальше »
2019-8-30 01:30 | |
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Kidnappers Ask Ransom of 80 Bitcoin (BTC) For Chinese Student
A Chinese student was recently kidnapped in Australia and the kidnappers demanded a ransom of 80 Bitcoin (BTC), around $810,000 USD to release him. According to a local media outlet, the father of the student was kidnapped and they demanded the ransom within 24 hours. дальше »
2019-8-28 16:53 | |
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China May Release Libra Competitor Before Facebook Launches It, Report
Facebook’s Libra may be facing multiple threats from regulators, but the same critics are now racing to beat the social media giant at its own game. Experts: Chinese Libra May Come First The US, China and European Union are all concerned about Facebook’s digital currency. дальше »
2019-8-23 18:00 | |
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Philippines Central Bank Greenlights More Cryptocurrency Exchanges
Local Philippines media outlet Philstar Global is reporting that a couple of cryptocurrency exchanges have obtained authorization from the country’s central bank. This development follows similar approvals gotten by close to a dozen platforms in recent time. дальше »
2019-8-20 18:12 | |
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Blockchain CEOs Fed Up With South Korean Regulation Approach: Report
South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects Look Abroad Referencing a range of industry experts on August 18, local news outlet Business Korea noted the increasing tendency for Blockchain projects born in South Korea to seek out easier funding overseas. дальше »
2019-8-20 18:00 | |
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Facebook should stop trying to disrupt payments with Libra and focus on repair
Facebook has had quite a run operating in the completely unregulated, wild world of social media, finally ending with a mea culpa that it needs government regulation in order to manage the massive social and democratic disorder it has created. дальше »
2019-8-19 18:00 | |
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Twitter invests in ShareChat, an Indian social network for regional language users
Twitter announced today it has invested an undisclosed amount into ShareChat, an Indian social media app for local languages. The company led the investment round of $100 million along with TrustBridge Partners, Shunwei Capital, Lightspeed Venture Partners, SAIF Capital, India Quotient, and Morningside Venture Capital. дальше »
2019-8-16 08:29 | |
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Moonday Mornings: IBM wants to put your browser history on the blockchain, forever
Welcome to another Moonday Mornings. Let’s waste no time and take a look at the weekend’s cryptocurrency and blockchain headlines you can’t afford to miss. 1. Cryptocurrency traders in Israel are facing a sticky situation. дальше »
2019-8-12 11:29 | |
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South Korean Firm To Fork Ripple And Develop A New ‘ChainZ’ Social Value Coin Donations Platform
As per an all-new report released by S. Korean media outlet Cosun yesterday, local holding company SK C&C has announced its decision to create a new donations platform that will be built atop a Ripple blockchain fork. дальше »
2019-8-10 18:50 | |
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Bithumb Cryptocurrency Exchange Will Enter Singapore Market Via Local Platform BitHolic
Bithumb, a prominent South Korean cryptocurrency exchange, is set to enter the crypto market of Singapore soon. According to a local media outlet called News1 Korea, the company has acquired a regulated company in the country to buy its entrance in the market. дальше »
2019-8-9 01:17 | |
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Bitcoin Exchanges in South Korea to come Under Direct FSC Regulatory Purview
Reports from media sources in South Korea say the country’s top financial regulator plans to directly oversee the regulation of local Bitcoin exchanges, August 7, 2019. This move likely includes the creation of registration and licensing requirements for South Korean crypto bourses. дальше »
2019-8-8 09:00 | |
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Bangladesh Government Will Send its Graduates to India & Japan for Blockchain Education Purposes
As per a report released by a Bangladeshi media outlet called ‘The Daily Star’ recently, the country’s government will spend a chunk of its $208 million IT project fund to train local graduates in matters related to crypto and blockchain technology — primarily by sponsoring their studies in institutions located all across Japan and India. […] дальше »
2019-8-5 18:28 | |
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Hackers breached Bulgaria’s tax agency and leaked the data of 5M people
Bulgaria has suffered what has been described as the biggest data leak in its history. The stolen data, which hackers emailed to local media on July 15, originates from the country’s tax reporting service – the National Revenue Agency (NRA). дальше »
2019-7-16 15:40 | |
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Binance is working with ‘local partners’ to set up South Korean fiat-to-crypto exchange
Binance is spreading its golden wings. The world’s largest cryptocurrency exchange is expanding its fiat-to-crypto base to South Korea. According to local Korean media outlet, BlockInPress, the Maltese-headquartered exchange is in talks with domestic regulators to set up the exchange. дальше »
2019-7-16 14:30 | |
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Iran Formally Allows Bitcoin Mining Despite Trading Ban
Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading. Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media outlet Press-TV and others, Iran’s central bank plans to allow cryptocurrency mining some legal freedom following an uncertain few months. дальше »
2019-7-11 13:00 | |
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Is the United States Government Actively Sabotaging Iran’s Crypto Mining Plans?
As per an all new statement issued by the Iranian Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, the US government is looking to stop the middle-eastern powerhouse from implementing its cryptocurrency mining plans. дальше »
2019-7-8 20:37 | |
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Bitmain moves ahead with employee-options plan; Jihan Wu left on the sidelines
When in doubt, look inward. Well, that’s the motto Bitcoin mining giant Bitmain is employing. Bitmain, manufacturers of mining equipment used to mint the largest cryptocurrency in the market, Bitcoin, has finished rolling out employee options as their initial public offering [IPO] looms. дальше »
2019-7-6 16:30 | |
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President of Abkhazia Green Lights Project to Develop a Significant-Sized Bitcoin Mining Farm
According to an interview given by Abkhazia President Raul Khajimba to a local media outlet recently, he is looking to create a large crypto mining farm within his nation’s borders in the near future. дальше »
2019-7-3 20:54 | |
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Iran: Bitcoin Miners Move into Mosques to Dodge Electricity Bills
Clever bitcoin miners in Iran are setting up shop in local mosques to swerve costly electricity bills, but the Government are hot on their heels. Photo Purports To Show Mosque Miners As social media users and the local press report this week, around one hundred miners are now participating in the Bitcoin network from local mosques. дальше »
2019-6-28 17:00 | |
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Iran seizes 1,000 Bitcoin miners, says mining with state electricity is a no-no
Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating. дальше »
2019-6-28 11:41 | |
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Dublin crime ring recruited 14-year-olds to hide drugs bought with Bitcoin
A drug-smuggling kingpin has been using west Dublin teenagers as young as 14 to store large amounts of narcotics bought with cryptocurrency via the dark web, reports Irish local media The Journal citing sources familiar with the matter. дальше »
2019-6-27 14:33 | |
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FB to bid goodbye to ‘Libra’? Trademark issues ensue in South Korea
Seems like there is no light at the end of the tunnel for Facebook as more problems brew for its cryptocurrency Libra. With the cryptocurrency already facing regulatory scrutiny across the globe, it has reportedly fallen into another pit as trademark issues emerge in South Korea, according to local media. дальше »
2019-6-21 21:05 | |
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South African Raking in $155,000 a Day Suspected of Running a Ponzi Scheme
A South African man running a Bitcoin investment fund in KwaZulu- Natal is suspected to be running a Ponzi scheme, as early investors have seen huge returns. The man was unwilling to talk to local media about his business plan and he how generates returns for his customers. дальше »
2019-6-18 19:00 | |
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Chinese Bitcoin miner arrested for stealing electricity from oil well
Authorities in China have arrested a man after he reportedly stole electricity from an oil well to mine Bitcoin. The arrest was made after the police received a phone call from Daqing Oilfield, located in Haerken district (Tsitsihar, China) on May 28th. дальше »
2019-6-14 15:23 | |
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Spanish police arrest Bitcoin launderers in international credit card fraud case
Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin. Criminals made more than $675,855 (€600,000) and laundered more than $891,250 (€1,000,000), according to local media reports. дальше »
2019-6-14 12:51 | |
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