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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. Utrum, a decentralized community platform with reputation-based quality reviews of crypto projects and assets, has announced its public token crowd sale to launch May 10, 2018. Utrum will offer OOT, a Privacy Coin and the utility token of the Utrum ecosystem. The crowd sale is…

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Francois Villeroy de Galhau, governor of the Bank of France and policymaker at the European Central Bank (ECB), has said new laws are needed to target cryptocurrency exchanges. De Galhau: We ‘Should Work On’ Exchanges Speaking at the City Week banking conference in London April 24, de Galhau, who has gone on record to make some curious claims about cryptocurrency in the past, appeared to choose the industry as a specific point of interest. “In particular, we should work on exchanges and platforms which provide services at the interface between…

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As Japan sees a widespread adoption of cryptocurrencies, cybersecurity threats in the face of ‘cryptojacking’ are also spiraling out of control. With more than 130,000 incidents in the three months through December 2017, the cases have increased with roughly about 175 times. Japan is rapidly becoming a hot spot for the crypto field, with corporate giants such as Yahoo! Japan and Monex Group already stepping in. However, the surge of popularity is also paving the way for an increase in a particular breed of hack known as ‘cryptojacking’. A Lurking…

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The Chief Scientist of Quebec, Rémi Quirion, has published a document rejecting the popular “myth” that illicit transactions are among those for which bitcoin is principally used. Quebec’s Chief Scientist is closely associated with the Fonds de recherche du Québec (FRQ) – a publicly funded institution dedicated to “providing support for the production and dissemination of knowledge.” Also Read: 20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon Quebec’s Chief Scientist Dismisses Claims That Bitcoin is Commonly Used for Illicit Purposes Rémi Quirion, Chief Scientist of Québec Mr. Quirion asserts that…

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As interest in cryptocurrencies continues, so does FOMO. Mining is one way to get in on the action, but some cities aren’t taking too kindly to the high power consumption that goes along with it. Cryptocurrency is a billion-dollar industry, increasing in worth the greener the markets get. Mining is an essential part of this industry and offers cryptocurrency miners a chance to be a part of the crypto revolution. In addition to the right computer hardware, a prospective miner needs access to relatively cheap and hopefully renewable energy, and a…

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How many financial firms are looking to get involved with cryptocurrency? Twenty percent, according to an industry poll conducted by Thomson Reuters — and that’s likely just the start. The Herd is Approaching A survey by Canadian multinational mass media and information firm Thomson Reuters found that 20 percent of its more than 400 clients are considering making a concerted push into the cryptocurrency market within the next half year. Neill Penney, the co-head of trading at Thomson Reuters explained: Cryptocurrency is still a relatively small part of the trading…

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Authorities in the state of Wisconsin have discussed the adoption of guidelines regarding cryptocurrency contributions to political campaigns, as requested by the Libertarian Party. Other states, like California, have urged politicians not to accept bitcoin donations. Kansas is the only state prohibiting such contributions. The Federal Election Commission allows crypto donations to campaigns for federal office.  Also read: Majority of US States Have Taken a Stance on Bitcoin and Blockchain Libertarians: The Question Is Not “Whether” but “How” The Wisconsin Ethics Commission held on Tuesday a public hearing on a…

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The United States Securities and Exchange Commission (SEC) has announced that Centra Tech Inc. co-founder, Raymond Trapani, has been charged with fraud charges resulting from the SEC’s investigations into Centra’s controversial $32 million USD initial coin offering (ICO). Mr. Trapani is the third and final Centra co-founder to be charged for having a role in the ICO. Also Read:16 Regulated Crypto Exchanges Unveil Plans to Restore Public Trust in Japan  “Mastermind” Centra Co-Founder Charged for Involvement With “Fraudulent” ICO Raymond Trapani, a co-founder of Centra Tech Inc., has been charged…

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March this year saw the US city of Atlanta faced with a ransomware attack. Even though the hackers didn’t get away with their $50k in bitcoins, the city did pay over $2.6 million to ensure that they won’t be vulnerable to a similar threat again. As we move towards a paperless society, governments rely more and more on online systems to make processes easier for themselves and the rest of the citizens. Cryptocurrencies are another core part of going digital and while last year saw a decided increase in their…

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The Russian government has demanded lawmakers make several alterations to the country’s forthcoming cryptocurrency regulation before it becomes law in July. Tax, Foreign Investment In Spotlight A summary of comments made after the first reading of bill 419059-7, ‘On Digital Financial Assets,’ shows the Kremlin eager to enshrine foreign investor access to future Russian token releases, as well as produce clear tax obligations for cryptocurrency holdings from the outset. “Given that tax obligations for digital financial assets and associated investments are not included in the law…, the government views as…

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