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Central Bank Of The Philippines Approves Two New Crypto Exchanges

On July 6th, the Philippine central bank, Bangko Sentral ng Pilipinas (BSP), has approved applications filed by two new cryptocurrency exchanges. Chuchi G. Fonacier, the deputy governor of the Bangko Sentral ng Pilipinas (BSP), reportedly said that the bank has approved the applications of ETranss and Virtual Currency Philippines, Inc., accrediting them as new platforms. […] дальше »

2018-7-7 20:17


Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […] дальше »

2018-7-7 23:43


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Thousands of Miners Reportedly Damaged, Heavy China Rainfall

Sichuan province has been hit by continuous heavy rainfalls in the last weeks, affecting thousands of people and causing heavy economic losses, according to the Ministry of Water Resources. According to the National Meteorological Center, heavy rainfall hit areas including Hubei, Sichuan and Jiangsu provinces from last Thursday to Sunday. “The Sichuan province had become дальше »

2018-7-6 21:06


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South Korea legitimizes Blackheine business with major new classification standards

The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps) дальше »

2018-7-5 19:23


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‘Unusual But Not a Hack’ — Trading Halted as Syscoin Price Spikes to 96 BTC

Syscoin’s blockchain experienced delays yesterday, coupled with a widely irregular trading activity that took place on Binance — temporarily giving SYS a price of over $640,000 per coin. Syscoin’s team took precautions to confirm the issues and requested a temporary halt of trading across cryptocurrency exchanges while they investigated. дальше »

2018-7-5 11:00


Japanese Financial Institution Will Change Virtual Money Trading Rules

Japanese financial regulator the Financial Services Agency (FSA) is considering to change the legal basis for how it regulates cryptocurrency exchanges, local media Sankei reports July 3. The FSA reportedly is considering to regulate crypto exchanges by the Financial Instruments and Exchange Act (FIEA), instead of its current legal foundation, the Payment Services Act. Should дальше »

2018-7-3 09:06


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Korean Specialists to Test Crypto Exchanges’ Taking care of of Individual Data

Two Korean watchdogs have announced a joint probe into crypto exchange operators’ handling of personal data, local news outlet Chosun reports Monday, July 2. The probe will reportedly check the status of technical and administrative protection measures related to users’ personal data – covering data access control measures, anti-tampering measures, personal data encryption, and malware дальше »

2018-7-2 20:12


Reports have confirmed that Japan has been targeted by cybercriminals using phishing, or illegal acquisition of personal information, to steal

Fake emails sent in Japanese language reportedly rose to at least 1,500 by last autumn. Fake emails in Japanese language sent to steal private information were confirmed last November A report published by the University of Tsukuba and Nomura Asset Management, an investment management company, criticized six government approved crypto exchanges saying they were operating дальше »

2018-7-2 18:13


NBA Group Mines Ethereum

MBA team mines Ethereum Mining The Sacramento Kings are now mining Ethereum, the team announced on Wednesday. Also read: Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’ Tech-Savvy MBA Team Enters the Crypto Space The American basketball team the Sacramento Kings reportedly started mining ether three weeks ago using Nvidia mining rigs. The owner of the NBA дальше »

2018-6-29 12:14


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BoE: Cryptocurrencies Pose ‘Reputational Risks’

The Bank of England has reportedly cautioned City bosses away from implementing cryptocurrencies into their business plans — citing all the usual reasons one has probably come to expect. ‘Reputational Risks’ “In their short history, crypto-assets have exhibited high price volatility and relative illiquidity,” wrote Bank of England Deputy Governor Sam Woods in a letter to the chief executives of banks, insurers, and fund managers — as reported by The Telegraph, adding: Crypto-assets also raise concerns Read More The post BoE: Cryptocurrencies Pose ‘Reputational Risks’ appeared first on Bitcoinist.com. дальше »

2018-6-29 05:00


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FBI looks into 100+ Cyrpto-Related cases

These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FBI’s 130 Crypto-Related Cases The Federal Bureau of Investigation (FBI) reportedly “has 130 cases tied to cryptocurrencies,” according to Supervisory Special Agent Kyle Armstrong. “There are thousands of cases in the дальше »

2018-6-28 12:09