2 days ago · 3 min read
John Bogna is a freelance writer and journalist with seven years of experience covering everything from arts to tech.
BitMEX CEO Denies Allegations of Trading Against Customers
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.
$62 Million Litecoin Transaction Sent for Fifty Cents: The Potential of Crypto Transactions
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.
Fake EOS Wallet Found Stealing User Funds
A fake EOS wallet app on the Google Play store has been stealing cryptocurrency.
Chinese Principal Fired for Crypto Mining on The Job
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.
Maduro Says Petro Purchasers Can Exchange It For Any Crypto, Plans to Take Petro to OPEC in 2019
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.
Why India Says Yes to Blockchain, Yet Still Undecided About Crypto [INTERVIEW]
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’s Central Bank Calls for More Government Oversight on Blockchain
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.
Wallet Company Blockchain Plans $125M Airdrop of Stellar to Boost Mainstream 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.
Tokyo Limos to Start Accepting Crypto Payments
Japan will test pilot a service to allow passengers to pay for limo rides with cryptocurrency, according to an article published Sunday by Bloomberg.
Scammers Steal £137,000 in Crypto Hacking, Posed As Verified Twitter Accounts
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.
SEC Expands Crypto Fraud Crackdown
The Securities and Exchange Commission (SEC) is doubling down on their efforts to stamp out cryptocurrency investment fraud, according to a report by Politico published November 1.
Will Paraguay Invest Its Excess Power Into 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 […]
Google Play Store Hosted App Found Hacking Crypto Login Credentials
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.
Nasdaq Wants to Help Eradicate Fraud in the Crypto Market
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.
Blackrock Waiting Until Cryptos Become ‘Legitimate’ Before Offering ETFs
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.
India Considering Cryptocurrency Ban
Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday.