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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


Was Bitcoin’s Newfound Market Momentum Stirred by Mystery Order Triggering BTC Price Surge?

Bitcoin (BTC), the largest virtual currency in the market, has soared to the highest point ever in more than four months. Today, April 2nd, Bitcoin surpassed $5,100 for a brief moment. However, what has triggered this price increase? How Did Bitcoin Reach $5,100 in Just a Few Minutes? Back in December 2017, Bitcoin reached $20,000 […] дальше »

2019-4-2 21:33


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »

2019-1-23 00:57


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Mining One Bitcoin a Month Would Require Harvesting Body Heat from 44,000 People

In a bid to raise awareness about the crypto industry’s energy consumption, the Institute of Human Obsolescence, a Dutch organization focused on data ownership, explored the energy usage of Bitcoin and found that 44,000 would need to provide their body energy for a month in order to mine a single Bitcoin, Motherboard reported on January 3, 2017. дальше »

2018-12-27 00:00


Numerai Cuts NMR Token Supply By 10 Million In A Bid To Become More Decentralized

The Numeraire token (NMR), launched in 2017, wants to reduce its supply in order to become more decentralized. The information was released by Richard Craib during an interview with CoinDesk. The maximum supply of the token will be reduced from 21 million to 11 million. At the same time, the company will be throwing away […] дальше »

2018-12-8 08:25


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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto

Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share. дальше »

2018-12-1 22:18


Plasma Halted as Ethereum Seeks Alternative Scaling in zk-SNARKs

Ethereum’s Achilles heel has always been scaling. Since its inception, developers have been researching different ways to scale the blockchain in order to increase network capacity and speed. Back in August 2017 Ethereum co-founder, Vitalik Buterin, released an initial draft of the Plasma project which provided an off-chain layer 2 scaling solution. дальше »

2018-11-9 15:00


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Texas Law Enforcer Who Took Down BitConnect: The Hunt for Crypto Cowboys in the Lone Star State [INTERVIEW]

In an exclusive interview, CryptoSlate spoke with the Director of Enforcement at the Texas State Securities Board, Joseph Rotunda, who has presided over more than a hundred investigations into suspect crypto offerings since a 2017 state-wide sweep that rocked BitConnect with an emergency cease-and-desist order. дальше »

2018-11-7 02:05


Social media activism is a threat to Uganda’s President

Social media activism is a threat to Uganda’s Museveni President Yoweri Museveni has ruled Uganda with authoritarian firmness for the last 32 years. But even his most ardent supporters were shocked by the ferocity with which his security forces recently meted out violence on journalists and supporters of Robert Kyagulanyi, a musician-turned-politician popularly known as Bobi Wine. дальше »

2018-9-7 10:06


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As Cryptocurrency Gains Popularity In Israel, Discussions Continue About a ‘Crypto-Shekel’

Top leadership in Israel has long considered launching a state-backed virtual currency. Discussions have only grown as the nation’s cryptocurrency sector continues to blossom. The Bank of Israel, as well as the nation’s Finance Ministry, has been mulling over the idea of a state-sponsored cryptocurrency since Bitcoin’s price high at the tail end of 2017. дальше »

2018-8-27 07:00


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Op Ed: Addressing the Threat of Cryptomining Malware

One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »

2018-7-18 23:18