News
Two Arrested in Israel After $1.5M Moved
One of the most prominent crypto cybercrimes lately took a dramatic turn on June 23, when two Israeli brothers were arrested regarding the 2016 Bitfinex hack and other crypto-related phishing attacks. Barely short of 120,000 Bitcoin (BTC) was stolen in the attack back in 2016, an amount initially worth $72 million, however, after Bitcoin’s meteoric…
Deloitte: China Looking to Use Blockchain as a ‘Strategic Weapon’
A different approach has been used to tackle the imbalance trade in the exchange market before the this invent of top-five strategic priority, however, the approach has recently started to receive a lot of attention as reputable companies gradually come out with the idea that has brought over 50% solve. Most of the Chinese…
A ‘Chainhopping’ bridge is being built between ETH and BTC
The incubator based in San Francisco for the blockchain Ethereum Classic (ETC), Moreover ETC Labs went public so as to be paired with cryptocurrency firm Metronome to provide solutions for Ethereum (ETH) /ETC interoperability. However, blockchain interoperability commonly known as “chainhopping” – can be known as features of blockchain asset meaning that it can be…
Taxpayers can now pay taxes with cryptocurrency in the United States.
Taxpayers can now pay taxes with cryptocurrency in the United States. If the cryptocurrency market is on the rise and you owe taxes, you might be in luck. There are a few caveats, though. For the moment, only businesses within the state of Ohio can pay taxes with cryptocurrency. That’s right, businesses can only pay…
CCN Questions Shutdown Plans as Google Seems to Correct Visibility
In new resolution Cryptocurrency news outlet CCN.com (formerly CryptoCoinsNews) has reversed its abrupt decision to shut down, staff confirmed in an article on June 12. CCN says it is still working to understand changes in its online visibility and published a warning that it will cease operations immediately over an ongoing Google indexing. Per Cointelegraph…
Fireblocks Exits Stealth Mode With $16 Million in Funding
Digital asset cybersecurity startup Fireblocks revealed its launch out of stealth mode with $16 million in funding, according to a press release shared with Cointelegraph on June 11th. Fireblocks acquired the capital during its Series A funding round from Cyberstarts, Tenaya Capital, EightRoads (Fidelity INTL), Swisscom Ventures and MState. The startup reportedly tallies crypto merchant…
Major Korean Bank Signs MoU With Atomics Lab in hopes to Discover Crypto Asset Management
According to the recent news by Business Korea on June released on June 11th, South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomics Lab to jointly explore digital asset management and protection solutions. The two partners will concentrate on digital asset market development and new crypto-related…
Report: Liquid Cryptocurrency Exchange to Hold Public Phase of Telegram ICO
According to the June 11th press release Cryptocurrency exchange Liquid will be the first to host app Telegram’s Gram tokens encrypted messaging when it goes public. However, The Telegram has not issued an official statement yet. As of last year the app raised $1.7 billion for its Telegram Open Network (TON) project at a private…
A major leap toward mass adoption of Crypto: Microsoft and now Apple Launches Crypto Developer Tools.
Samsung, Microsoft, Facebook and now tech giant Apple showing major signs of support and mass adoption of the crypto technology. Apple recent product updates were shared with the public at its annual WWDC event on June 7th , where crypto-focused dev kit, dubbed CryptoKit, was shared to the public for the first time. Apple Debuts…
Cryptocurrencies Will Be Used One Day To Pay For The Barrels Of Oil, CEO of Russian Energy Declares
Igor Sechin said the industry’s acceptance and awareness of digital assets is beginning to rise as Silicon Valley tech giants including Google, Amazon and Apple begin to discover the gas and oil sector, as the awareness in on the rise. Cryptocurrencies have piqued the interest of Google, Apple and Amazon, as they begin to discover…