A state-run energy company in Abkhazia is calling for the regulation of cryptocurrency mining activities to avoid the partially recognized republic being plunged into darkness this winter. According to Eurasianet, the cryptocurrency mining farms in A
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Hong Kong Bitcoin Millionaire Arrested after Throwing Cash off Apartment Building
According to a report by the South China Morning Post, a 24-year-old man is said to have tossed bank notes from the top of a skyscraper in Hong Kong, triggering agitation from passersby below. The man, who was identified as Wong Ching Kit (with alias
Bear Market Forces Ethereum Startup “Status” to Trim 25% of Its Employees
A blockchain startup that raised operational funds in Ethereum has come in the middle of what is known as the “crypto winter.” Status, as the project is called, recently announced that it has laid off 25% of its workforce citing economic
Japanese Regulators Publish New Cryptocurrency Regulation Draft y Regulation Draft
Late last week, the Financial Services Agency (FSA), the top financial regulator in Japan, published a draft report which outlined the new framework for addressing cryptocurrencies and Initial Con Offerings (ICOs) in the country. The report was relea
Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018
Did you know there have been 13 million cryptojacking incidents in 2018? Russian cyber-security firm Kaspersky Lab has released data that cryptojacking cases have gone through the roof rising 400% this year alone. Crypto-crime has been one of the mos
Hong Kong Regulators Set to Tighten Cryptocurrency Laws
Asia is currently one of the most regulated continents on the planet in terms of cryptocurrency laws. Hong Kong is the latest Asian nation that is set to tighten crypto laws on traders and exchanges. The Hong Kong Securities and Exchanges Commission
Crypto Market Defends $100 Billion But Traders Generally Not Optimistic
On December 15, the crypto market was at risk of dropping below the $100 billion mark in total valuation for the first time since Aug 1, 2017. Since then, the market has slightly recovered as its valuation increased from $100 billion to $104 billion.
Ethereum Price Surpasses Bitcoin Cash for First Time Ever
The price of ether has surpassed that of bitcoin cash for the first time ever, becoming the latest negative milestone in a tumultuous few weeks for the world’s fourth-largest cryptocurrency by market capitalisation. According to data from CoinM
New US Chief of Staff: Bitcoin is Good, ‘Not Manipulable by Any Government’
This week, following the scheduled leave of John F. Kelly, United States President Donald Trump has chosen the pro-Bitcoin Mick Mulvaney to serve as the acting White House Chief of Staff beginning 2019. According to the Washington Post columnist Matt
Crypto Winter? Winklevoss Twins Say They’re ‘Totally at Home’ in this Market Climate
Cameron and Tyler Winklevoss, early bitcoin investors and founders of the Gemini crypto exchange, don't seem to be deterred by the current market slump. In fact, speaking to Bloomberg recently, Tyler Winklevoss said, ” We're totally at