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Russia: Court Issues First Ever Fine For Cryptocurrency Advertising

A Russian court has ruled for the first time that a local newspaper must pay a fine of 50,000 rubles ($760) after it ran a cryptocurrency mining advertisement. ‘Financial, Not Consulting Services’ As local news outlet Interfax reports August 8, the Eleventh Arbitration Court of Appeal (ACA) found the publication Edinstvo Nizhnekamsk, which circulates in the Republic of Tatarstan, in breach of advertising regulations. дальше »

2018-8-9 14:00


A Guide to 99% Fault Tolerant Consensus

Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type). дальше »

2018-8-9 04:03


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88% of Cryptocurrency Exchanges Fear Major Market Crash, Want Regulation

88 percent of cryptocurrency exchanges want industry regulation, according to a survey from payment company Mistertango.   ‘The Industry is Crying Out for Regulation’ The desire for regulation apparently stems from a fear that the immature market may experience a major market crash and substantial devaluation of assets worse than what has already been seen in the first half of 2018. дальше »

2018-7-31 17:00


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Cryptocurrency Exchanges Fear Major Market Crash, 88% Want Regulation

88 percent of cryptocurrency exchanges want industry regulation, according to a survey from payment company Mistertango.   ‘The Industry is Crying Out for Regulation’ The desire for regulation apparently stems from a fear that the immature market may experience a major market crash and substantial devaluation of assets worse than what has already been seen in the first half of 2018. дальше »

2018-7-31 17:00


CabbageTech’s Patrick McDonnell $11 Million Cryptocurrency Scam Details

The $11 million scam: How Patrick McDonnell's one-man crypto scam will cost him dearly Patrick McDonnell, the one-man band behind CabbageTech, must have believed himself to be the cryptocurrency world's Frank Abagnale after setting up the company which scammed a large number of investors out of their Bitcoin in exchange trading advice. While McDonnell must […] дальше »

2018-7-31 09:05


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SEC Declines Winklevoss Brothers Appeal for Bitcoin ETF

In a three-to-one vote on July 26, 2018, the SEC declined an appeal by the Winklevoss Bitcoin Trust to launch the much-awaited Bitcoin ETF. SEC’s ETF Refusal Among other things in the 92 page statement, the SEC said that the Trust was declined because “[the] exchange [must] be designed to prevent fraudulent and manipulative acts and practices and to protect investors. дальше »

2018-7-27 11:00


Bitcoin, Ethereum, XRP and other coins to be protected better with the new bill, says South Korean official

On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […] дальше »

2018-7-27 23:34


‘Piracy Audiences Are Untapped Pools of Wealth’

Anti-piracy firms often portray copyright infringers as thieves that must be stopped or eradicated. However, the people at UK firm MUSO have a different take on the piracy problem. With funding from the local Government, they’re offering classic takedown tools, but the company prefers to frame piracy as an opportunity rather than a threat. This […] дальше »

2018-7-22 11:54