California Pushes Forward with Blockchain Legislation

Posted on Categories Blockchain, Business, Cryptocurrency, Exchanges, General, Law, News, Regulations, Technology, UncategorizedTags , , , , Leave a comment on California Pushes Forward with Blockchain Legislation

California Governor Jerry Brown signed Assembly Bill No. 2658 to study blockchain. “This bill, until January 1, 2022, would require the Secretary of the Government Operations Agency to appoint a blockchain working group on or before July 1, 2019. The bill would define blockchain. The bill, on or before July 1, 2020, would require the … Continue reading “California Pushes Forward with Blockchain Legislation”

India May Now Launch its Own Cryptocurrency?

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After struggling to accept Bitcoin, India may now create its own cryptocurrency. At one time, according to the RBI, (Reserve Bank of India) the country refused to recognize digital currencies.  At least, that was the view of India’s Central Bank before the Supreme Court. In fact, since July, the country barred banks from any business association … Continue reading “India May Now Launch its Own Cryptocurrency?”

Erpresser-Mail Bitcoin Scam: Pay up, or I’ll Share your Porn Habits

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When it comes to thievery, online criminals have become quite creative and active. The latest one seems to have caught victims with their pants down – literally! In fact, if you don’t pay up to a Bitcoin account, we’ll expose your porn-watching habits to your contact list, according to the threats. That’s the new Erpresser-Mail … Continue reading “Erpresser-Mail Bitcoin Scam: Pay up, or I’ll Share your Porn Habits”

Japanese Regulator Issues Third Warning to Zaif

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A top Japanese financial regulator issued a third warning to the hacked crypto exchange Zaif. The exchange recently revised its theft estimate and said that it discovered a theft of 42,327 BCH in addition to 5,966 BTC. In addition, Zaif signed agreements with two companies seeking their help with repaying customers and improving the quality … Continue reading “Japanese Regulator Issues Third Warning to Zaif”

Payment System For UAE Govt Based on Blockchain Launched by Dubai Finance Department

Posted on Categories Banking, Bitcoin, Blockchain, Business, Cryptocurrency, Exchanges, General, Law, News, Regulations, Technology, UncategorizedTags , , , , , , Leave a comment on Payment System For UAE Govt Based on Blockchain Launched by Dubai Finance Department

The Dubai Finance Department (DoF) partnered with the SDO (Smart Dubai Office) to launch a blockchain-based payment system. New Payment System A local news site, Zawya, reported the news on September 23. The new platform is called “Payment Reconciliation and Settlement,” and launched on Sunday, September 23. Furthermore, the new payment system focuses on government entities. … Continue reading “Payment System For UAE Govt Based on Blockchain Launched by Dubai Finance Department”

Bills in Favor of Cryptos and Blockchain to be Introduced by US Congressman

Posted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, ETF, General, Law, News, Regulations, Technology, UncategorizedTags , , , , , Leave a comment on Bills in Favor of Cryptos and Blockchain to be Introduced by US Congressman

U.S. Rep. Tom Emmer (R-MN) said he plans to introduce three new bills that support cryptos and the blockchain technology. The news came after a press release was published on September 21. The New Bills The three bills are entitled the “Resolution Supporting Digital Currencies and Blockchain Technology,” the “Blockchain Regulatory Certainty Act,” and the … Continue reading “Bills in Favor of Cryptos and Blockchain to be Introduced by US Congressman”

South Korean Government to Support Blockchain Initiatives and Startups

Posted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, ETF, General, ICO, Law, News, Regulations, Technology, UncategorizedTags , , , , , , Leave a comment on South Korean Government to Support Blockchain Initiatives and Startups

The Korean MSICT (Ministry of Science and Information Communications Technology) pledged its commitment and support to catalyze the growth of the Blockchain sector. Support for Blockchain Startups Min Won-ki, the Second Minister of Science organized a meeting with blockchain startups. The initiative was a part of the Korean government’s efforts to establish collaborations with companies. … Continue reading “South Korean Government to Support Blockchain Initiatives and Startups”

Brazil’s Grupo XP Plans Launch of BTC and ETH Exchange

Posted on Categories Banking, Bitcoin, Blockchain, Business, Cryptocurrency, ETF, Ethereum, Exchanges, General, Law, News, Regulations, Technology, UncategorizedTags , , , , , , , , , , Leave a comment on Brazil’s Grupo XP Plans Launch of BTC and ETH Exchange

Brazil’s largest brokerage agency, Grupo XP, plans to enter the crypto space. It will launch an exchange for Bitcoin (BTC) and Ethereum (ETH) according to a report published on September 21. XDEX, BTC and ETH Exchange Guilherme Benchimol is the Chief Executive Officer of Grupo XP. The CEO said that the company plans to launch … Continue reading “Brazil’s Grupo XP Plans Launch of BTC and ETH Exchange”

Cryptojacking Cases Up 400% in Just a Year

Posted on Categories Banking, Bitcoin, Business, Cryptocurrency, Ethereum, Law, Mining, News, Scam, Technology, UncategorizedTags , , , , , , Leave a comment on Cryptojacking Cases Up 400% in Just a Year

According to a new report, cases involving cryptojacking increased by more than 400 percent compared to the previous year. The Report and its Findings The Cyber Threat Alliance (CTA) is a collaborative group of cybersecurity experts. The group published a detailed report on Wednesday containing staggering statistics regarding cryptojacking. The latter refers to the practice … Continue reading “Cryptojacking Cases Up 400% in Just a Year”

New Legislation to Support Blockchain and Cryptocurrencies

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Congressman Tom Emmer will introduce three groundbreaking bills to support blockchain technology and digital currency legislation. The U.S. Should Prioritize Legislation In fact, “The United States should prioritize accelerating the development of blockchain technology and create an environment that enables the American private sector to lead on innovation and further growth, which is why I am … Continue reading “New Legislation to Support Blockchain and Cryptocurrencies”