No Blockchain Is an Island

Primavera De Filippi is a permanent researcher at the CERSA/CNRS/Université Paris II, a faculty associate at the Berkman-Klein Center for Internet & Society at Harvard Law School, the “alchemist” for DAOstack and a co-author of “Blockchain and the Law.” Much discussion is currently taking place concerning the nature and specificities of blockchain governance, but when we say “blockchain governance” we’re really talking about multiple things. While people often use the term to describe the mechanism by which the underlying protocol Read more …

Wedbush Futures Takes a Closer Look At Altcoin-related Investment Vehicles

Big developments may be coming to the cryptocurrency industry. The launch of Bitcoin futures has been interesting, albeit somewhat lackluster. It now seems we may see some more cryptocurrency-related futures products coming to market soon. Wedbush Futures is actively contemplating introducing altcoin-based futures contracts to their clients. More Cryptocurrency Futures Products It is evident there is a lot more to cryptocurrency than just Bitcoin. Altcoins are equally speculative in nature. Given the launch of Bitcoin futures products a few months Read more …

Bill Gates Says Crypto Has Caused Deaths in a Fairly Direct Way

Featured One of the world’s most affluent persons, Bill Gates, appears to have bought in to the rhetoric of popular media and government law enforcement accounts. Recently, Mr. Gates and his wife submitted to a Reddit Ask-Me-Anything (AMA), and Mr. Gates’ gave some unusual views on cryptocurrency.   Also read: How To Regain Control From Nanny Zuck Bill Gates Was Once Pro Crypto The popular social media billboard platform, Reddit, is famous for its innovative feature, Ask-Me-Anything (AMA). Read more …

CFTC Gives Employees Green Light to Trade Cryptocurrencies

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The US Commodity Futures Trading Commission (CFTC) has given its employees the green light to trade cryptocurrencies, a decision that came in response to “numerous” inquiries from agency staff. The policy, which Bloomberg reports was announced in a Feb. 5 memo written by CFTC general counsel Daniel Davis, said that because the agency has determined that cryptocurrencies are commodities, employees can trade them like they would precious Read more …

Blockchain-based Streaming Platform Play2Live Successfully Broadcasted World’s First Tournament With Crypto Prize Pool

Play2Live CryptoMasters was scheduled to release of the 2.0 version of MVP with advanced player and P2P CDN, that was tested during the broadcast of the tournament. Play2Live (P2L), the first full-blown blockchain-based streaming platform for gamers and esports fans successfully hosted and broadcasted the world’s first esport tournament with the main prize –  2 000 000 LUC (Level Up Coin) tokens ($100,000). Eight international teams — 7 invited and 1 from the open qualifiers, took part in the tournament. Read more …

Malaysian Police Arrest Gang of Bitcoin Mining Equipment Thieves

Police in Malaysia have arrested 9 individuals that were involved in the theft of Bitcoin mining machines, amounting to over $250,000 USD. Those that engage in the world of cryptocurrency have increasingly become the targets of criminals. The usual case of criminal mischief is of a person buying or selling virtual currency being robbed of the cash they’re carrying. Now it appears that Bitcoin mining equipment is no longer safe. Police in Malaysia have just arrested 9 people who were Read more …

US Justice Department Will Focus On Potential Cryptocurrency Regulation

Regulating cryptocurrencies is not straightforward by any means. Various governments around the world are focusing their attention on achieving this goal. The US Justice Department is currently working on a so-called “comprehensive strategy”. It is a bit unclear what this entails exactly. We do know the road ahead will not be easy. The US Justice Department and Cryptocurrencies Given the global popularity of various cryptocurrencies, it’s not surprising regulation becomes a hot topic again. This industry remained largely unregulated for Read more …

Coinbase Reports Billion Dollar Profit in 2017 to Investors

Coinbase recently reported to investors that it made $1 Billion in revenue through 2017.  An independent assessment finds that 43% of that was in December alone. Bitcoin Run Responsible for 43% of 2017 Profit The San Franciso based exchange Coinbase was one of the first interfaces to make Bitcoin accessible to the masses using credit cards and bank exchanges. Credited with bringing cryptocurrency transactions out of the shadows by putting a public face to Bitcoin exchanges and raising investment capital from Silicone Read more …

British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

News A UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators Bust Bitcoin Drug Ring at Naval Academy Amsterdam Bitcoin Mule The Dutch Public Prosecutor has demanded that the court give a Read more …

Banking Group SBI Delays Crypto Exchange Launch

Japanese banking giant SBI Group has again postponed the launch of its new cryptocurrency exchange, citing a need to boost security measures. In an announcement Tuesday, SBI said that, while the new platform – called SBI Virtual Currencies – has already started offering account registrations to certain priority investors, it will postpone the acceptance of applications from ordinary customers and thus push forward the date for the start of trading. In a brief explanation of the reasons for its delay, the Read more …

Cryptocurrency Market Stable at $450 Billion, Bitcoin at $10,500

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Over the past 24 hours, the cryptocurrency market has remained relatively stable in the $450 billion region, after recording a $30 billion increase in market valuation on February 27. Bitcoin has remained above the $10,500 mark, despite a major sell volume that led the cryptocurrency to decline from $11,000 to $10,300. Bitcoin and Ethereum Earlier today, on February 28, a large sell volume across most major cryptocurrency Read more …

Japanese Energy Company Entering the Mining Business

Kumamoto Energy entering the mining business made headlines this week. The Japanese company plans to set up a subsidiary company, wholesale their surplus electricity at a reduced price, and use it for mining cryptocurrencies. Kumamoto Energy is a so-called unconventional energy company that uses solar power to provide electricity. However, given the nature of energy generation, it has limitations when it comes to controlling the amount of power generated, which usually results in generating surplus power. As a way of Read more …