Nick Chong · 1 day ago · 2 min read
The Republic of the Marshall Islands will move forward with its plan to introduce its own cryptocurrency, despite a vote of no confidence against President Hilda Heine’s support of the venture, according to reports on Tuesday.
BitMEX › Exchanges
Last month an independent crypto researcher who goes by the name, Hasu, posted an article exploring some of the most prevalent concerns users have with crypto exchange behemoth BitMEX, one of which is that the exchange trades against its customers to make a profit.
Litecoin › Price Watch
On November 9, the Litecoin (LTC) news site litecoin dot com reported one of the highest transactions to date on the LTC network, valued at 1,159,005.90779568LTC, or roughly $62M USD.
China › Academia
Headmaster Lei Hua has been fired from his job at a school in Hunan, China, after a total of nine mining rigs were found stealing his school’s electricity to mine Ethereum, the BBC reported on Friday.
Venezuela › Adoption
Allegations that Venezuela’s Petro cryptocurrency is all hot air hasn’t stopped President Nicolas Maduro from announcing a special exchange period for the Petro, and that he’ll be presenting it to the Organization of the Petroleum Exporting Countries (OPEC) next year as a unit of account for Venezuelan oil.
India › Adoption
As countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets.
China › Regulation
China’s central bank the People’s Bank of China (PBC) encouraged the government to increase supervision of blockchain-related ventures in a working paper released on Tuesday, warning that “bubbles were apparent,” according to Reuters.
Stellar › Adoption
Crypto wallet company ‘Blockchain‘ announced November 6 that it would distribute $125M in Stellar XLM cryptocurrency to its users “to build on the crypto revolution.” The biggest #crypto airdrop—we are distributing $125M of Stellar XLM to our users to build on the crypto revolution.
Bitcoin › U.K. › Scams
Scammers in the UK were able to make off with £120,000 in Bitcoin after posing as the verified Twitter accounts of two well-known British companies, according to a report by the Telegraph on Monday.
Bitcoin › Mining
Paraguay’s Itaipú dam is posing an interesting dilemma to the country; the world’s most powerful hydroelectric plant gives it an excess of energy, but will that energy be used to drive the burgeoning crypto mining industry or help the poor? The crypto space will, more and more, emerge as a legitimate avenue for developing countries […]
A video published Thursday by security researcher Lukas Stefanko exposed a malicious app hosted on the Google Play store that distributes malware onto unsuspecting user’s mobile devices.
New York › Adoption
On November 1st, Stock exchange giant Nasdaq Inc released a paper announcing the intent to use the anti-fraud tools it’s developed for conventional exchanges to aid in stamping out crypto fraud.
Bitcoin › New York › Adoption
BlackRock CEO Larry Fink said Thursday that while he hasn’t entirely written off the possibility of his company trading crypto assets, he thinks the industry still needs time to mature.
Bitcoin › BitMEX › Derivatives
BitMEX CEO Arthur Hayes said we may not have seen the last of the bearish market for BTC in an interview with Yahoo Finance published Friday.