Monex Group, a Tokyo-based financial services group, is considering buying Coincheck. Shares in Monex jumped 23% off news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck’s owners a way out. Also read: Google Moves Against Cryptojacking, Bans Chrome Mining Extensions Coincheck Floats Plans to Check Out Following the loss of $500 million in NEM, which was hacked in January, Coincheck’s owners have looked increasingly uncomfortable. The…
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Google Moves Against Cryptojacking, Bans Chrome Mining Extensions
James Wagner, Extensions Platform Product Manager of Google, took to the behemoth’s Chromium Blog on Monday in a post titled, Protecting Users from Extension Cryptojacking. “Starting today,” Mr. Wagner explained, “Chrome Web Store will no longer accept extensions that mine cryptocurrency. Existing extensions that mine cryptocurrency will be delisted from the Chrome Web Store in late June. Extensions with blockchain-related purposes other than mining will continue to be permitted in the Web Store.” Also read: Trezor to Implement Bitcoin Cash Addresses Google Moves Against Cryptojacking “Over the past few months,” Mr.…
Read MoreSEC Charges DJ Khaled & Floyd Mayweather-Backed ICO With Fraud
The U.S. Securities and Exchange Commission has charged the founders of the DJ Khaled and Floyd Mayweather-backed CTR Token with fraud, illustrating a push to purge the ICO (Initial Coin Offering) space of bad actors. Heavy Hitters According to an official statement from the U.S. Securities and Exchange Commission (SEC), the independent agency has charged two individuals “with orchestrating a fraudulent initial coin offering (ICO) that raised more than $32 million from thousands of investors last year.” The SEC claims that Sohrab “Sam” Sharma and Robert Farkas illegally offered and…
Read MoreSwiss Banker Named ‘Hodler’ Equates Bitcoin Investing with Gambling
In a recent interview with Arabian Business, the CEO of a Swiss private banking group likened cryptocurrency investing to gambling. But was he being willfully disingenuous or just lacking in understanding? Here is what he got right and wrong. Naysayer says “Nay!” Hmmm… traditional banking guy spreads FUD, eh? We haven’t heard that one before. So who said what this time? From the report as published, it seems he didn’t actually say much. The ‘he’ in question being the head of Zurich-based Julius Baer Group, Bernhard Hodler. Yes, that is HODLer, as in…
Read MoreGoogle Doubles Down by Banning Cryptocurrency Mining for Chrome
After rejecting 90% of all Chrome browser cryptocurrency mining extensions uploaded by developers due to non-compliance, Google has now banned all cryptocurrency mining extensions from the Chrome Web Store. Protecting Users from Extension Cryptojacking In an announcement on April 2nd, 2018, effective immediately, no new cryptocurrency mining extensions will be accepted to the Chrome Web Store for use with Google’s Chrome browser. The announcement also states: As the extensions ecosystem continues to evolve, we remain focused on empowering developers to build innovative experiences while keeping our users as safe as…
Read MoreJapan Gathers 500 Agents to Fight Cybercrime and Crypto Theft
Japan has decided to set up a new agency to better address cybercrime. The Tokyo-based center gathers 500 analysts and investigators who will also combat cryptocurrency theft. Over 3 million attempts to steal digital information have been registered last year. Hackers have stolen funds worth over 17 billion Japanese yen. Also read: Hackers Target 400,000 Computers with Mining Malware $6.3 Million Worth of Cryptocurrency Stolen Before Coincheck The new law enforcement unit is expected to streamline efforts to combat cybercrime. The center will operate from Tokyo. Over 500 analysts…
Read MoreBitcoin in Brief: Blockchain Wars and a Sleuth of Bears
Welcome to Bitcoin in Brief, a new feature debuting today. Breaking stories, crypto drama, exchange updates, and other talking points from the fast-paced cryptocurrency world can all be found in this daily roundup. Bitcoin in Brief is for everyone who’s long on bitcoin but short on time. Also read: Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own Company Bitcoin Bears Are Out in Force The collective noun for a group of bears is a sleuth, and the bitcoin bears were certainly hunting in packs today. A number of outlets…
Read MoreBanking Chief HODLer Misunderstands ‘Gambling’… or Perhaps ‘Investment’?
In a recent interview with Arabian Business, the CEO of a Swiss private banking group likened cryptocurrency investing to gambling. But was he being willfully disingenuous or just lacking in understanding? Here is what he got right and wrong. Naysayer says “Nay!” Hmmm… traditional banking guy spreads FUD, eh? We haven’t heard that one before. So who said what this time? From the report as published, it seems he didn’t actually say much. The ‘he’ in question being the head of Zurich-based Julius Baer Group, Bernhard Hodler. Yes, that is HODLer, as in…
Read MoreBitcoin.com Store Reopens With New Bitcoin Cash Swag
This week our team launched the newly designed Bitcoin.com Store after some prior construction and updates. Now the Bitcoin.com Store is open to the public once again with the hottest bitcoin cash merchandise and cryptocurrency swag available for purchase with BCH. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and Research BCH Swag PLS Do you like telling people that you are a cryptocurrency enthusiast? Maybe they can learn about the innovative technology by asking you questions about the subject. One way to spark a conversation about digital currencies like…
Read MoreEthereum Developers Advocate Anti-ASIC Fork and Hard Cap on Supply
Ethereum’s Github has recently seen several significant proposals made for development. On April 1st, Ethereum co-founder, Vitalik Buterin, proposed the introduction of a hard fork on the supply of ETH tokens at approximately 120 million. Several days prior, developer Piper Merriam advocated that Ethereum conduct a hard fork in order to “demonstrate a willingness” to resist “ASIC-based Ethereum mining.” Also Read: Trezor to Implement Bitcoin Cash Addresses Vitalik Buterin Proposes Hard Cap on ETH Supply Ethereum’s co-founder has published an Ethereum Improvement Proposal (EIP) suggesting the introduction of a hard cap…
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