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Brave, an open source web browser by Mozilla’s co-founder that claims to block ads and trackers, in addition to facilitating cryptocurrency-based micro-transactions between content consumers and producers, has announced development plans for its upcoming 1.0 release. The new release will transition to being based on Chromium – making it compatible with all of Google Chrome’s extensions and features. Also Read: US Bitcoin Trader Convicted for Illegal Money Transmission and Laundering New Chrome-Based Brave Browser Expected Later This Year Brave has published a document revealing that it has been developing a new…

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New York-based legal firm, Morrison Cohen LLP, has launched what it calls the “Moco Cryptocurrency Litigation Tracker.” The tracker seeks to provide updates and information on all active legal proceedings in the United States involving cryptocurrency companies, yielding greater transparency regarding the legal embroilments of companies operating in the virtual currency industry. Also Read: Report Details Surge in Crypto Mining on College Campuses Morrison Cohen Launches Cryptocurrency Litigation Tracker As of this writing, Morrison Cohen’s Cryptocurrency Litigation Tracker displays information regarding 63 ongoing proceedings taking place in the U.S. The cases…

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The FBI’s Internet Crime Complaint Center has noted a drastic increase in online crime, with crypto holders being targeted by dodgy helplines and tech support centers. Most companies want to keep the customers happy. Satisfied clients are more likely to be loyal and to refer the given company to their friends and family. One way that businesses try to keep their clientele happy is through support contact centers. However, criminals are looking at these helplines as a way to scam unsuspecting victims. A multi-million-dollar fraud industry According to a public…

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The U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $164,000 worth of cryptocurrency trades. Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security Two Years Worth of BTC Trades Investigated The U.S. Attorneys Office from the District of Arizona and the Justice Department has convicted a trader named Thomas Costanzo (AKA Morpheus) who exchanged over $164,000 worth of BTC on the Localbitcoins platform. The officials claim the investigation stemmed…

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Blockchain technology is slated to help secure and verify election results in Russia, as well as the United States. Blockchain Choose You In an effort to provide a more safe and secure system for voters, Russia’s Central Election Commission is planning on implementing a blockchain-based voting system protected against hacking, rigging, and other forms of election fraud. Russian politician Ella Pamfilova declared on the Moscow Calling radio station earlier this week: I will discuss this issue with the president … there is a public demand for it. We have refurbished…

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A report published by cybersecurity company Vectra has detailed what it describes as an “alarming surge in cryptocurrency mining on college campuses.” Also Read: Markets Update: Cryptocurrencies Lose Over 20 Percent This Week  Colleges Become Hotbed for Mining Activities Vectra’s report asserts that opportunistic students, malicious hackers, and even cryptocurrency mining scripts hosted by websites, are sapping power from universities to freely mine virtual currencies. The analysis concludes that higher education is by far the largest industry that “exhibit[ed] cryptocurrency-mining attack behaviors from August 2017 through January 2018.” Vectra’s research claims that…

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Cyber attacks already take a heavy toll on companies the world over, and things are only going to get worse. However, R3Sec offers a solution to minimize intrusion time while making life miserable for would-be cybercriminals. Cyber Attacks Cost Companies Billions Cybersecurity threats can cost companies millions of dollars. To date, $1.2 billion has already been stolen from cyber attacks, and threats to cybersecurity may cause an estimated $6 trillion per year in damages by 2021. Stolen identities through security breaches at Equifax, Yahoo, Uber, and LinkedIn have cost $1…

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The European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018  European Securities Regulator Imposes Restrictions on Leverage Offered by CFD Providers ESMA has agreed on what it describes as “temporary product intervention measures on the provision of [CFDs] and binary options to retail investors in…

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The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of cryptocurrencies in the country as well as any kind of crypto mining, citing several risks he sees. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies National Bank’s Crackdown on Crypto The chairman of the National Bank of Kazakhstan Daniyar Akishev said on Friday that “Kazakhstan intends to prohibit the purchase and sale of cryptocurrencies and any kind of mining of cryptocurrencies” in an interview with…

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Russian citizens are expected to pay 13 percent tax on their crypto-related incomes. Amendments to the tax code are currently being prepared. The exact rates should be confirmed by the end of the year. However, lawyers have warned that even now citizens risk criminal prosecution if they fail to report gains from dealings with cryptocurrencies. Also read: 0 to 50 percent – Time to Pay Crypto Taxes in the European “Union” Tax Obligations Apply to All Residents, Including Foreigners Lawmakers are finalizing the legislation that should regulate crypto-related matters in…

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