About author: Samantha Chang

Blockchain technology company Bitfury is serious about stamping out bitcoin scams and now has the muscle to fight it. Bitfury has hired Michael DuBose, the former head of the Computer Crime unit at the U.S. Department of Justice, to roll out its bitcoin blockchain tracking product, Crystal. DuBose said in a statement:  “Crystal makes it much easier to identify and…

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Hong Kong-based cryptocurrency exchange KuCoin is putting underperforming altcoins on notice before delisting them. The move lets customers know the tokens have become too illiquid or their trading volumes have dropped below acceptable levels for continued listing on the exchange. Bolsters Transparency The action appears to be an effort to boost transparency on the popular altcoin exchange, and to give…

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A San Francisco charity that accepts cryptocurrencies raised $14 million in donations, including bitcoin, ether, and ripple, to benefit the homeless in yet another sign that mainstream adoption of virtual currencies is on the rise. Crypto Superstars Attended Gala Many top Silicon Valley tech moguls and financiers attended the May 3 charity gala hosted by the nonprofit Tipping Point Community,…

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Oscar Mayer, the hot dog company, is bringing home the bacon with the launch of its porcine cryptocurrency, the “Bacoin.” The Bacoin is “the first-ever cryptocurrency backed by the gold standard of Oscar Mayer Bacon,” the company boasted. Meet Bacoin’s Architect: Keith Sizzle “Similar to other cryptocurrencies, the value of Bacoin can be volatile,” Oscar Mayer cautioned in a press…

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Move over, USA? China may soon be the big dog on the blockchain market. China is positioning itself as the dominant player in blockchain after taking over the number one spot for the most number of blockchain patents. “This technology has the potential to have a great impact on everything we do and will definitely be threaded through all technology…

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Japan’s Financial Services Agency (FSA) is reportedly pressuring cryptocurrency exchanges to drop Dash (DASH), Monero (XMR), Zcash (ZEC), and other privacy-centric altcoins in a bid to cut down on money-laundering and cyberhacking. Sources told Forbes that altcoins such dash, monero, and zcash have become increasingly popular among criminals, kidnappers, and hackers because they’re virtually untraceable. The FSA is particularly leery of…

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Iran has developed its own blockchain-based cryptocurrency, just days after the Central Bank of Iran (CBI) banned bitcoin trading amid escalating concerns about money-laundering and bitcoin’s erratic price swings. Iran’s Bitcoin Ban Doesn’t Apply To Local Crypto Mohammad Javad Azari-Jahromi, Iran’s information, and communications technology minister said the experimental cryptocurrency is now ready, ahead of a possible return of U.S….

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AirSwap, a decentralized Ethereum-based cryptocurrency platform, managed more than $1 million in transactions on its first day of operations. It’s a stellar debut for a crypto upstart with a novel approach to trading. AirSwap may be the new kid on the block(chain), but the people behind it have serious crypto street cred. The New York-based company was co-founded by Michael…

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While bitcoin’s price spikes continue to generate headlines, ether (ETH), the cryptocurrency underpinning Ethereum, is set to hit a record $2,500 by the end of 2018 according to consultancy deVere. Despite being down 53 percent from its highest ever peak of $1,594.89 on January 13, 2018, independent consulting firm deVere Group boldly projects a fresh all-time high for ether before…

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A group of cryptocurrency enthusiasts is considering filing a lawsuit against Bitcoin.com owner Roger Ver, claiming he deliberately misleads novice investors by exploiting newbies’ confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017. The potential class-action lawsuit is being organized by Twitter user @MoneyTrigz, who is the co-owner of Coindaily.co. The lawsuit is being…

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