News

Partido Popular, the ruling party within Spain’s four-party political system, submitted a blockchain-focused proposal to the Spanish Congress of Deputies aiming to promote the integration of blockchain technology into the governance structure of the country.

South Korea has taken another step towards the legitimization of cryptocurrency with the announcement of a new regulatory initiative that will see blockchain platforms and businesses governed by a new classification system.

On July 3rd, 2018, CipherTrace reported that the first half of 2018, had three times the amount of cryptocurrency exchange theft than all of 2017.

The Maltese Parliament has passed a series of pro-blockchain bills into law, heralding the launch of a new concrete legal framework for blockchain industry within the island nation.

In February 2018, poet and former Icelandic presidential candidate, Andri Snær Magnason, took to Twitter to decry the immense energy consumption of Bitcoin miners. At the time, Vice reported the country was in danger of an energy shortage because of the expansive work of crypto miners. Magnason’s comments echoed the sentiments of others in Iceland, describing […]

The US Internal Revenue Service has launched an international joint task force focusing on cryptocurrencies in order to investigate crypto-related tax evasion and money laundering. Announced on Monday, the Joint Chiefs of Global Tax Enforcement (J5) will see tax enforcement agencies form the US, UK, Australia, Canada, and the Netherlands in join forces in order […]

Bitcoin has experienced a lengthy period of stagnation subsequent to the late 2017 all-time high of $20,000, with the most valuable cryptocurrency failing to challenge the $10,000 mark the first half of 2018. ADVFN CEO Clem Chambers, however, believes that Bitcoin is destined to climb beyond the dizzying $20,000 heights of the 2017 bull run, […]

After announcing the election of a new consensus node, NEO has rejoined the top-10 cryptocurrencies by market capitalization. Until now, all nodes have been operated by the project’s team. NEO entered the era of decentralization!https://t.co/JOA7UibNnU — NEO Smart Economy (@NEO_Blockchain) July 4, 2018 The July 4th announcement appeared to bode well for bulls, who purchased […]

Emerging cryptocurrency regulations are shaping the landscape for ICOs and other blockchain businesses. Ripple (XRP) is now facing its third class-action lawsuit for securities fraud. Allegations of Ripple Price Manipulation On June 27, Ripple Labs Inc. and CEO Brad Garlinghouse received signed court documents by the California Superior Court on allegations of illegally profiting from price […]

MyCrypto, one of the most popular Ethereum and ERC20 token wallets created by the co-creator of MyEtherWallet, heavily criticized Chinese cryptocurrency exchange FCoin for congesting the Ethereum blockchain network with insignificant transactions. Condemnation of FCoin’s Absurd Business Model FCoin, a cryptocurrency exchange created by former Huobi CEO, debuted in early 2018 with an unusual business […]