Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission began in earnest at the United States Senate Dirksen office building Tuesday, 6 February. The Committee on Banking, Housing, and Urban Affairs summoned respective Chairs of the US Securities and Exchange Commission (SEC) and US Commodity Futures Trading Commission (CFTC) to testify in open session on cryptocurrencies, less than 24 hours after one of the worst crashes in ecosystem history. Also read: Market Risk Advisory Committee: Bitcoin Futures Self-Certification Works Senate Asks…
Read MoreMonth: February 2018
This European Royal Family is Looking to Invest in Bitcoin
The Crown Prince of Liechtenstein, a tiny country in central Europe, has expressed interest in investing in alternate asset classes, specifically Bitcoin. Crown Prince Eyes King of Crypto Nestled between Switzerland and Austria, Liechtenstein is a German-speaking micro-state headed by the Price of Liechtenstein, but most of the actual power is held by his son Crown Prince Alois. During the aftermath of the World War II, the once great family was forced to sell their stunning art collection to stay afloat. Now, with their finances in check and the collection…
Read MoreScammers Sending Fake Emails to Spread Cryptocurrency FUD
The crypto sphere is certainly no stranger to cryptocurrency FUD. Social media platforms and groups are awash with the stuff, so much so that it is becoming increasingly harder to find any reliable information on them. In the latest twist, bogus emails have been sent out to US media organizations over an alleged crackdown on cryptocurrency in China and Hong Kong. The mainstream media needs no encouragement for its ongoing denigration of Bitcoin and its brethren. A tsunami of cryptocurrency FUD has gushed out of the big names in ‘news’…
Read MoreApple, Android Attacked by Monero Mining Malware
As often as we hear stories of regulation and clampdowns, we’re now hearing more of hacks and malware. A new incursion is discovered on an almost weekly basis now as cybercriminals edge away from ransomware and into cryptocurrency mining malware. The latest detection was made by Chinese security researchers who uncovered an Android-based mining worm. According to reports, cybersecurity researchers at China’s 360Netlab revealed a strain of mining malware called ADB.Miner over the weekend. As in previous exploits, the malware harnesses the hardware of the device in order to mine…
Read MorePR: StarChain – Reshaping the Entertainment Industry Using Blockchain
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Benefit from policy, internet and funding, the Chinese Culture & Entertainment industry is currently booming with the expectation of beating North American market. Amid the dizzying boom, global leading artists from Taylor Swift to Ian Somerhalder are trying to attract more Chinese audiences by setting…
Read MoreAtomic Multi-Path to Help Bitcoin Become a Formidable Payment Instrument
Amazing new schemes and technologies are being developed to expand Bitcoin’s functionality as a payment instrument. The latest newcomer is Atomic Multi-Path Payments over Lightning. This scheme promises to enhance privacy and decentralization to facilitate payments over the Lightning Network. Atomic Multi-Path Payments over Bitcoin Lightning Bitcoin needs to establish itself as a vehicle to execute payments rapidly, securely, and cheaply. New technologies and schemes are being implemented to make possible near-instantaneous low-value Bitcoin payments. In this connection, Conner Fromknecht and Olaoluwa Osuntokun are proposing a new scheme, which they…
Read MoreNo Strong Case to Ban Crypto Trading, Singapore Says
The Monetary Authority of Singapore has been studying cryptocurrency developments and there is no strong case to ban crypto trading, a high-ranking government official told lawmakers. The adoption of regulations in other countries in the region has increased pressure on authorities in the city-state to clarify their stance on bitcoin, as more crypto companies in Asia are seeking friendlier business environments. Also Read: Thailand Taking Steps to Regulate ICOs It Is Too Early To Say… “The number and different forms of cryptocurrencies is growing internationally”, Deputy Prime Minister of Singapore…
Read MoreSmall Canadian Bank VersaBank Creating Private Safety Deposit Boxes for Crypto
With a BlackBerry cybersecurity expert on board, small Canadian bank VersaBank prepares to offer digital vaults for secure cryptocurrency storage. Size Doesn’t Matter VersaBank Inc. may not be the largest bank in Canada, but they’re looking to lead the charge in securing your cryptocurrency holdings. Based out of the city of London, Ontario, the bank plans to launch their digital vault by June, and customers from all over the globe are invited to open accounts. CEO David Taylor told Bloomberg’s Toronto office that wealth security is rapidly changing, stating: We’re…
Read MoreWorld Central Banker to Central Banks: Bitcoin Is a Bubble, Ponzi, and Disaster
General Manager of the Bank for International Settlements (BIS), Agustín Carstens, gave a talk at Goethe University in its House of Finance, Tuesday, 6 February in Frankfurt. Titled Money in the Digital Age: What Role for Central Banks?, the talk saw Mr. Carstens acknowledge “We have seen a bit of a shift, to issues at the very heart of central banking. This shift is driven by developments at the cutting edge of technology. While it has been bubbling under the surface for years, the meteoric rise of bitcoin and other…
Read MoreDignitaries, Pundits, and Bigwigs Reveal Their 2018 Crypto-Predictions
Bitcoin and cryptocurrency markets have been extremely bearish over the past six weeks straight, and many investors are waiting for the light at the end of the tunnel. Last year around this time we reported on a variety of cryptocurrency dignitaries, pundits, and bigwigs and they revealed to us that their outlook for 2017 was exceedingly bullish. Now even after the long run of recent bitcoin market dips many blockchain industry luminaries and outside investors are still remarkably optimistic about cryptocurrency markets in 2018. Also Read: UNICEF Asks Gamers to…
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