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. With a new focus on security tokens and financial regulation, Blockchain entrepreneurs and enthusiasts are introduced to the World Blockchain Forum in New York. Early bird ticket release ends May 7th. Continuing a remarkable year delivering record-breaking events in Miami and Dubai, the Keynote team…
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Data Breach Exposes Thousands of Investors in a John McAfee-backed Cryptocurrency
Kromtech Security has revealed a data breach tied to investors of the Bezop cryptocurrency. The cybersecurity firm made the announcement on April 25, 2018. The leak exposed confidential information about investors of the Bezos cryptocurrency. Details of the Data Breach The sensitive information exposed by the breach include full names, wallet information, and even scanned photos of ID documents. More than 25,000 investors were affected by the leak. Apparently, the team at Bezop had failed to secure a MongoDB database, thus opening the way for hackers. Bezop is a startup…
Read MoreSenior Market Analyst: Here’s What Caused The Bitcoin Price Pullback
After a noteworthy rally over the past couple of weeks, Bitcoin price and the cryptocurrency market made a sharp and fast corrective move on Tuesday night and all day Wednesday. eToro’s senior market analyst, Mati Greenspan, thinks he knows the reason why. Panic Selling or Profit Taking? Bitcoin and the bunch have finally put in a higher high, with a higher low also in the forecast — but what, exactly, stopped the market’s bull run so quickly? According to an email from eToro’s trading expert Mati Greenspan, the sharp correction…
Read MoreMalta’s Cabinet Approves Cryptocurrency Bill
The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. One bill in particular, the Virtual Financial Assets Bill, provides a regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Bill Approved by Cabinet The Cabinet of Malta approved three bills on Tuesday, one of which is the Virtual Financial Assets Bill that provides the regulatory framework for cryptocurrencies and initial coin offerings (ICOs), according to local media. The other two bills are the Malta Digital Innovation…
Read MoreAnother Crypto Exchange Ordered to Improve by Japanese Regulator
The Japanese financial regulator has targeted another cryptocurrency exchange for improvement after an on-site inspection revealed inadequate standards. The exchange must comply and submit a written report next month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Another Exchange Punished The Japanese Financial Services Agency (FSA) has issued another “administrative punishment order” to a cryptocurrency exchange. On Wednesday, the Tokyo-based Minnano Bitcoin received a business improvement order from the agency. The exchange’s website says its English name is “Everybody’s Bitcoin Inc.” The order follows an on-site inspection by the…
Read MoreBitstamp Reportedly Up For Sale to South Korean Gaming Company
Bitstamp — a popular Luxembourg-based bitcoin exchange and the oldest bitcoin exchange still standing — is apparently close to finalizing a deal for the sale of the company to a South Korean gaming company. A Major Acquisition The information comes from three unnamed individuals with insider knowledge of the matter, two of which informed Business Insider that Nexon is the probable purchaser. The individuals also claimed the two companies are in the process of solidifying the deal, which is allegedly worth roughly $350 million. Unsurprisingly, none of the individuals leaking the…
Read MorePhilippines Welcomes Crypto Economic Zone
After hemming and hawing in its strange relationship with cryptocurrencies and the businesses they imply, the Philippine government decided to make room for a set aside economic zone. The scheme is offered in hopes of generating more tax income, employment for its people, and perhaps a dedicated crypto university. Also read: Telegram Urges Paper Airplane Protest, Pussy Riot Activist Arrested Philippines Allows Crypto Companies to Operate Economic Zone Cagayan Economic Zone Authority (CEZA) spokesman Raul Lambinos told Reuters, “We are about to licence 10 platforms for cryptocurrency exchange. They are…
Read MoreNasdaq Eyes Becoming a Cryptocurrency Exchange Platform
Adena Friedman, the CEO of Nasdaq says the company is interested in becoming a cryptocurrency exchange platform. Nasdaq is the second-largest stock exchange in the world in terms of market capitalization. The company is the latest in a slew of institutional investors looking to enter the burgeoning cryptocurrency market. Properly Assessing the Cryptocurrency Landscape The Nasdaq CEO said that the company would consider creating its own cryptocurrency exchange service in the future. She made this known during an interview with CNBC on Wednesday, 25 April 2018. Friedman also said that…
Read MoreBitcoin in Brief Thursday: Big Money Wears Big Horns, Claws Are In the Closet
In today’s Bitcoin in Brief we’re talking about big money and big expectations. While the ratio between bulls and bears is constantly changing in the crypto market arena, experts working with venture capital investments and large crypto trades report positive trends and share optimistic sentiments. On that backdrop, “Why is our digital society still using a yellow metal to store value?” is a good question. Bitcoin to Reach $90k in Two Years, Potentially $700k The future of Bitcoin was one of the hot topics at this year’s Sohn Investment…
Read MoreBrothel Goes All the Way and Accepts Its First Bitcoin Payment
The term ‘first-time-ever’ may not be the first thing that pops into your mind when thinking about a brothel. However, the Moonlite Bunny Ranch in Nevada could definitely claim the term as it recently accepted its first Bitcoin payment. One of the benefits of Bitcoin is that it offers a high-level of anonymity and even though prostitution is legal in the US state of Nevada, paying customers might not want evidence of it in the form of a paper trail. According to The Sun, this is no longer an issue…
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