News

The United Kingdom’s Financial Conduct Authority (FCA) released a ‘consultation paper’ on Jan. 23rd as part of its next step on working with crypto assets. It sets out details on where different types of crypto assets might fall in the regulatory perimeter. This consultation paper allows the public to give feedback on the proposed measures […]

Redditors, in a humorous attempt to push up bitcoin prices, are trying to fool trading bots that scrape the forum for sentiment. And the results are hilarious. Reddit’s Crypto Conundrum The ritual started from a Redditor who proclaimed on Jan. 22nd to “trick the bots by being positive.” The specifics behind his plan: “Bots use […]

Icelandic Bitcoin mining equipment thief, Sindri Þór Stefánsson, was sentenced to four and a half years in prison on Jan. 17th. He was re-apprehended in the Netherlands after he fled custody and boarded a flight to Stockholm from Reykjavik in April 2018. Stefánsson made headlines in February last year when he stole Bitcoin mining equipment […]

Coinbase has launched a new set of financial services that target high-volume traders in Asia and Europe. The biggest feature: the exchange now supports SWIFT transfers that will allow clients in Asia to fund their accounts from banks based outside the U.S. Coinbase Targets Large Traders Coinbase, one of the most popular US-based digital asset […]

Following the aftermath of 2018’s price drop—which saw the value of Bitcoin below 80 percent of the value from its all-time high—stablecoins are looking to become a more attractive crypto solution this year, particularly in the Asia-Pacific Region. As we begin the new year, it’s important for us to take stock of the stablecoin landscape, […]

There are percolating allegations that Apollo Currency is a “pump and dump.” Others claim that one of the project’s co-founders—Stephen McCullah—is a “scam artist,” and that APL is a “massive scam” that is making him “rich.” CryptoSlate explores these allegations and finds evidence of misinformation, claims of sabotage, and a bizarre expedition into the heart […]

South Africa’s reserve bank released a consultation paper that includes favorable recommendations and guidelines for the crypto asset industry in the country. However, the agency is not looking to treat Bitcoin and other digital currencies as ‘currency.’ On Jan. 16th, The South African Reserve Bank (SARB) released “Consultation Paper on Policy Proposals for Crypto Assets,” which […]

Within the last 48 hours, news (re)surfaced suggesting that know-your-customer (KYC) information from some of the largest cryptocurrency exchanges was made available for sale. Yet, there is evidence that this is likely recycled news from over six months ago. On darknet market Dread, a vendor going by ExploitDOT was reported to have been selling KYC […]

The popular gamified microtask platform, StormX, has launched their long-awaited iOS app. To celebrate the milestone, Storm Play account holders have the opportunity to win prizes worth $10,000 in BTC, STORM, BNB, or ETH via the company’s Twitter competition. Cryptocurrency Freelancing Storm Play leverages blockchain to “empower the global workforce.” Storm Play lets users earn […]

If organizations could only augment blockchain’s strengths—its immutability, security, and decentralization—while addressing its latency and scalability issues, it could become the vaunted enterprise tool it was initially intended. That day will soon come courtesy of Directed Acyclic Graphs (DAGs). Blockchain’s premise is straightforward, utilitarian, and more lucrative than that of any other new technology to […]