News

Square’s mobile payments application, Cash App, posts impressive growth for Bitcoin transactions despite the bearish cryptocurrency market. In Square’s Q3 shareholder letter the company reports $43 million in Bitcoin revenues, contributing $560 thousand to quarterly net profit. Square is a merchant services and mobile payments company based out of San Francisco. Founded in 2009, the […]

Throughout the past 24 hours, several publications and public figures have misreported that China has put an end to its blanket ban on bitcoin and the cryptocurrency exchange market. On Nov. 9, one cryptocurrency-focused publication released a story entitled “China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally.” The article instantly attracted […]

The Securities and Exchange Commission announced in a press release that it has settled charges against EtherDelta founder Zachary Coburn. This is the SEC’s first enforcement action based on findings that a platform operated as an “unregistered national securities exchange.” EtherDelta is one of the largest decentralized cryptocurrency trading platforms by trading volume, and prior […]

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. "China to Strengthen Supervision on Blockchain-Related Financing, Investment" by REUTERS via NYT https://t.co/A9MGNo1Z9d #crypto #blockchain — ACO (@altcoinore) November 6, 2018 ‘Cannot […]

Last week St. Francis Xavier University in Nova Scotia, Canada reportedly shut down its entire computer network for four days due to an attempted mining attack. St. Francis Xavier, a Canadian university, shuts down its IT network to deal with a cryptocurrency mining malware infectionhttps://t.co/eS2a2mmQMc pic.twitter.com/UF8UyFoD8Z — Catalin Cimpanu (@campuscodi) November 7, 2018 Entire Network […]

With the blockchain industry at fever pitch, a merry-go-round of puffed up conferences has left Jonathan G. Blanco thirsting for a different formula. Speaking to CryptoSlate, the Token Forum founder and blockchain entrepreneur explained why the recipe for his upcoming conference catered to a more selective palate. Kicking off Nov. 9 on the top level of […]

Bitcoin, the archetypal blockchain, has for ten years waged technological warfare against corporate and state-run finance. Yet for all the heads that have been turned in the tackling of such a gauntlet, it was, in fact, a far more elemental problem that spawned the search for blockchain. Since sketching out the fabled blockchain blueprints in 1991, […]

The Texas Securities Board pounces on two mining operations using social media and multilevel marketing to propagate a transnational web of “fraudulent crypto-mining programs”, Director of Enforcement Joseph Rotunda informs CryptoSlate. AWS Mining and EXY Crypto have been stung with emergency cease-and-desist orders, dated Nov. 6, citing a symphony of allegations against Australia and Canada-based […]

The last several days in Malta have been bustling with activity as the Malta Blockchain Summit took place last week. The event had over 400 companies exhibiting their innovative ideas, services, and digital solutions with thousands of people in attendance. No Shortage of Attendees The first day of the Malta Blockchain Summit saw thousands of people […]

Crypto wallet company ‘Blockchain‘ announced Nov. 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. Sign up for the waitlist! https://t.co/XyETX72QBk https://t.co/zo18yzzlzS — Blockchain (@blockchain) November […]