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VHS Tapes and Comuter Screen DVD Bitcoins

U.S. Govt. Hammers Down Movie Piracy Racket, Seize Millions in Cryptos

May 14, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Crime, News

The United States Government has finally hammered down a movie and TV show piracy racket, seizing millions of dollars in cryptos and cash. The illegal platform run by Talon White, a U.S resident, has allegedly been in operation since 2013, according to a TorrentFreak report on May 14, 2019. The...

Bithumb wrapping the world with orange blocks

Bithumb Crypto Exchange Launches Perpetual Futures Trading Platform

May 14, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Exchange, Finance, News

Bithumb Global, a leading South Korean bitcoin trading platform and crypto exchange, has announced the launch of its global digital assets exchange service that will support multiple fiat currency trading pairs and a perpetual futures trading with up to 100x leverage, according to a press release on May 13, 2019....

Maltese Crypto Businesses Eyeing Estonia and Swiss

May 14, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Business, News, Tech

Eman Pulis, the organizer of the Malta Blockchain Summit, has stated that while blockchain, cryptocurrency and artificial intelligence (AI)-related businesses are still finding it hard to secure banking services in the nation, Estonia and Swiss are fast attracting these firms, according to a Times of Malta report on May 12,...

New Jersey: Rutgers Business School Offering Blockchain Courses

May 13, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Education, News

Rutgers Business School, a 90-year old United States-based institution of higher learning, has launched its Blockchain Hub. It is a student-run initiative aimed at educating and training students on distributed ledger technology (DLT) courses at its Livingston campus, according to a report by local media outlet Daily Targum, May 13,...

Binance Cryptocurrency Exchange to Unfreeze Deposits and Withdrawals

May 13, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Cybersecurity, Exchange, News

Changpeng Zhao (CZ), the founder of the highly reputed Binance cryptocurrency exchange which recently suffered a security breach, has revealed via a blog post on May 12, 2019, that the exchange is putting preparations in top gear to resume deposits and withdrawals latest by Tuesday, May 14, 2019. Binance Moves...

Green Hacking hands sparking a mining rig

Hackers Exploit Confluence Vulnerability to Plant Crypto Mining Malware

May 13, 2019 by Ogwu Osaemezu Emmanuel at Crime, Cryptocyclopedia, Cybersecurity, Mining, News

As bitcoin (BTC) and other digital assets keep growing in value and use case, cyberpunks are also upping their game with each passing day, formulating new ways of enriching themselves with ‘dirty crypto.’ In the latest scenario, hackers have found a way to seed cryptojacking malware, as well as other...

Dash (DASH) Investment Foundation Set to Go Live

May 12, 2019 by Ogwu Osaemezu Emmanuel at Investment, News

Dash (DASH), the 14th largest cryptocurrency in the world by market cap, has announced that its investment foundation called the Dash Investment Foundation is nearing completion. The team claims the primary objective of the investment fund is to strengthen the Dash distributed ledger technology (DLT) ecosystem through investment operations bankrolled...

FinCEN Issues Clear Guidance to Money Services Businesses (MSBs)

May 12, 2019 by Ogwu Osaemezu Emmanuel at News, Regulation

To serve as a reminder to persons who have the Bank Secrecy Act (BSA) obligations, the U.S. Financial Crimes Enforcement Network (FinCEN) on May 9, 2019, issued interpretive guidance. The guidance focuses on how FinCEN money services businesses (MSBs) regulations apply to certain ventures that deal with money transmission whose...

Malta: Crypto-Friendly Founders Bank Hires Ex Deutsche Executive as New CEO

May 12, 2019 by Ogwu Osaemezu Emmanuel at News

Founders Bank, a Malta-based blockchain-friendly financial institution has hired Kenan Altunis, former Deutsche Bank chief executive officer, to function as its CEO, according to a Bloomberg report on May 9, 2019. Altunis Joins Team Crypto Per sources close to the matter, Founders Bank, a financial institution backed by several heavyweights...

“Crypto Mom” Hester Peirce Bashes SEC for Stifling Innovation

May 10, 2019 by Ogwu Osaemezu Emmanuel at News, Regulation

Hester Maria Peirce, an American lawyer and a Commissioner on the United States Securities and Exchange Commission (SEC), has said in a speech on May 9, 2019, that the agency’s unwillingness to take meaningful actions towards regulating the cryptospace has stifled innovation. She has also urged the SEC to provide...

Scam Bitcoin Site Impersonates New Zealand’s Richest Man

May 10, 2019 by Ogwu Osaemezu Emmanuel at Crime, News

A fraudulent bitcoin website is parading with the pictures of Graeme Richard Hart, the richest person in New Zealand to give people the false impression that he is an advocate of the platform. Also, articles on the scam website have the branding of the New Zealand Herald, a daily newspaper, according...

Hedera Hashgraph’s Second Testing Phase Underway

May 10, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, News

Hedera Hashgraph, a Dallas-based company focused on developing high-speed blockchain alternatives has announced the launch of the second testing phase of its public distributed ledger by developer community and individuals in order to pilot the capability of the Hedera network, according to a VentureBeat report on May 9, 2019. Second Phase...

Currency.com Launches Tokenized Government Bonds

May 10, 2019 by Ogwu Osaemezu Emmanuel at News

Currency.com, a blockchain-based platform that claims to be the world’s first regulated tokenized securities exchange, announced the launch of the crypto version of the Belarusian government bonds and interested investors can now purchase the financial instrument with bitcoin (BTC), ether (ETH) and the fiat standard, according to Fintech Finance report...

Facebook Softens Ads Policy Amidst Stablecoin Launch

May 9, 2019 by Ogwu Osaemezu Emmanuel at News

After placing an outright ban on all forms of cryptocurrency and distributed ledger technology (DLT) related advertisements last year, social media giant, Facebook has announced an update to its policy to enable some “clean” digital assets and blockchain related ads to fly once again on its platform, according to a...

Sundar Pichai Says Google Committed to Protect User’s Privacy

May 9, 2019 by Ogwu Osaemezu Emmanuel at News

At a time when people are becoming increasingly interested in knowing how social media platforms and other firms handle their personal data, Google CEO, Sundar Pichai has revealed that though the search engine giant uses people’s data to give them the best experience, they still put in much efforts to...