Japan Creates Regulatory Body to Prevent Cryptocurrency Hacks

Japan leads the cryptocurrency world both in trading volumes and crypto-friendly regulation. Now, sixteen crypto exchanges in Japan will establish a self-regulatory body to prevent hacks. Regulatory Body For Cryptocurrency Market Japan is the largest cryptocurrency market in the world, boasting 61% of global trading volume for Bitcoin, which is held by 2.7% of the country’s population. Its crypto-friendly regulation has allowed many businesses to emerge, including the first Bitcoin exchange in the world – a Bitcoin Market set up in Read more …

Flight Delays Making You Miserable? AirPod Can Fix That

Being stuck at the airport waiting for your flight is both frustrating and annoying.  AirPod hopes to change this experience into a more productive use of your time instead. Whether you’re traveling for business or pleasure, waking up in one country and going to sleep in another is exciting.  Being stuck at the airport for three hours waiting for a delayed connecting flight?  Not so much. Now, some people may enjoy sitting on uncomfortable airport benches while being forced to Read more …

US Regulators Working Together to Combat Crypto Fraud, Says CFTC’s Giancarlo

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. US regulators have begun to coordinate with their overseas counterparts to combat cryptocurrency fraud, Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo said Wednesday. Giancarlo revealed this international effort during a U.S. House of Representatives committee hearing on the CFTC’s budget for fiscal year 2019, adding that officials in the Treasury Department and Securities and Exchange Commission (SEC) were also involved in the collaboration. “The CFTC Read more …

Forget Air Miles, This Credit Card Firm to Give Customers Cryptocurrency

Want to get into cryptocurrency but the volatility and exchange fees put you off? This startup might have the ideal solution – a credit card that pays customers Bitcoin instead of other rewards. Spend Inflationary Currency, Get Deflationary Currency Typically, credit card companies offer incentives to get customers to use their cards. These might be cash back on purchases, or air miles, or some form of reward points. One new company are trying to transfer this model to the world Read more …

Regulatory Loophole Helps Startups in India Accept Bitcoin Without Breaking the Law

Featured Some businesses in India believe that they have found a loophole in the finance minister’s speech that sought to clamp down on the use of cryptocurrencies. While this loophole may allow startups to accept bitcoin without breaking the law, experts question its viability. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The Loophole Indian finance minister Arun Jaitley. As the Indian government is working on the regulatory framework for cryptocurrencies, startups in the Read more …

McAfee Suspects North Korea In Recent Cyberattack On T… | News

North Korean hackers are suspected in a cyberattack on Turkey’s financial sector, as stated in a report released by McAfee March 8. The McAfee Advanced Threat Research team identified an attempt by the hacking group Hidden Cobra to breach the security of Turkish government-backed financial institutions on March 2 and 3. While McAfee policy is to not officially identify cyber groups from nation-states as culprits, they mention in the report that the code of the malware in question closely resembles Read more …

Steven Seagal-backed “Bitcoiin B2G” is Cracked Down by New Jersey

A few weeks ago, American actor and martial arts expert Steven Seagal endorsed a potentially sketchy cryptocurrency startup called “Bitcoiin.” Bitcoiin — an Etheruem-based token that is not associated with Bitcoin — markets itself as the “next generation of Bitcoin” and is selling tokens to investors after recently completing an initial coin offering (ICO) that the startup claims raised $75 million. Seagal’s contribution to the press release announcing his endorsement was, “Flow with whatever may happen and let your mind be free. Stay centered by accepting Read more …

Time to Acknowledge – and Encourage – Women in Blockchain

Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. It’s International Women’s Day – a good time for a mea culpa to the overlooked women in the blockchain industry. Last week, Paul Vigna and I presided over a Museum of American Finance event at Fordham University to mark the publication of our new book, The Truth Machine. We sold a good number of books. We were very happy. Read more …

Sierra Leone Uses Blockchain To Track Election Results, Swiss Company Provides Expertise

In an apparent first, the African nation of Sierra Leone has employed Blockchain technology in tallying its presidential elections, according to Agora CEO Leonardo Gammar March 7. Agora is the Swiss-based Blockchain voting technology company which participated in tallying Sierra Leone’s presidential election results yesterday. Jason Lukasiewicz, the COO of Agora, told Cointelegraph that this […]<br />The post Sierra Leone Uses Blockchain To Track Election Results, Swiss Company Provides Expertise appeared first on The Bitcoin News – Leading Bitcoin and Read more …

Bithumb Launching Kiosks at Restaurants for Food Orders and Crypto Payments in Korea

Featured Korean crypto exchange Bithumb is entering the retail kiosk business to accelerate crypto adoption in the country. These order-taking and payment facilitating kiosks will be placed in restaurants and cafes for customers to browse menus, place orders and pay for food. Cryptocurrency will be among the payment options. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bithumb’s New Venture One of South Korea’s largest cryptocurrency exchanges, Bithumb, announced on Wednesday that it is Read more …

Sierra Leone Uses Blockchain To Track Election Results… | News

In an apparent first, the African nation of Sierra Leone has employed Blockchain technology in tallying its presidential elections, according to Agora CEO Leonardo Gammar March 7. Agora is the Swiss-based Blockchain voting technology company which participated in tallying Sierra Leone’s presidential election results yesterday. Jason Lukasiewicz, the COO of Agora, told Cointelegraph that this is the “first time in history a Blockchain has been used in any government election, ever.” Gammar sent a message to Agora’s Telegram group earlier Read more …

Australia: Two Bureau of Meteorology Employees Questioned About Cryptocurrency Mining

Wednesday of last week, the Australian Federal Police (AFP) executed a search warrant at the Bureau of Meteorology in Melbourne. According to ABC, people familiar with the raid said two employees were questioned regarding the use of the bureau’s powerful computers to mine cryptocurrencies. The rest of the bureau’s IT team was held in a conference room and told to wait while the two were questioned, they said. At least one of the employees who was questioned by the AFP Read more …