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Japan: Prosecutors Demand Ten-Year Jail for Former Mt.Gox CEO Mark Karpelès

Japanese law authorities have proposed a ten-year prison sentence for the ousted founder of the now-defunct Bitcoin exchange Mt.Gox, reported local publication Mainichi on December 12, 2018. Mt.Gox in Shambles Once the world’s largest bitcoin exchange, Mt.Gox quickly fell from… Continue Reading →

U.S. CFTC Seeks Public Feedback to Gain Better Understanding of the Ethereum Network

The U.S. Commodity Futures Trading Commission (CFTC) is looking to the public for further feedback and understanding concerning the cryptocurrency industry, especially regarding ether and its uses on the Ethereum network. According to the press release published on December 11,… Continue Reading →

Brotopia: Gender Bias Is Blockchain’s Favorite Meme, but is the Wrong Metric

On December 11, 2018, LongHash reported details on the lopsided gender stats in the blockchain space. The analysis iterates one of the most common injustices in the space, but what’s more important is the fact that these figures haven’t changed… Continue Reading →

Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

While the cryptocurrency markets bull run of 2017 succeeded in bringing digital assets global consciousness, the rollercoaster ride did very little to increase meaningful adoption, as most holders bought bitcoin and other cryptoassets for only speculative purposes and not for… Continue Reading →

Samsung Files for Three Blockchain-Related Applications in the European Union

Electronics giant Samsung has filed for three blockchain-related trademark applications in the European Union on December 10, 2018. Some tech websites suggest these applications are related to the company’s plan to offer a cryptocurrency cold wallet on its phones. Details on… Continue Reading →

Proof of Keys Celebration Encourages Individuals to Take Control of Their Digital Assets

The Proof Of Keys Celebration hosted on January 3 is encouraging members from the Bitcoin community to demand and take possession of their bitcoins currently held by trusted third parties. According to the Proof of Keys video uploaded on December… Continue Reading →

Blockchain PR Firm Wachsmann Terminates 16 Employees as Crypto Market Plunges

According to an article by PR Week, published on December 10, 2018, blockchain public relations and events company Wachsman has laid off 16 employees due to the current crypto market turbulence. 16 Employees Axed by Wachsmann Founded in 2015, Wachsman… Continue Reading →

Stablecoins Experience a Major Increase in On-Chain Transactions Despite Bear Market

Stablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs. September 2018, Diar reported… Continue Reading →

Ethereum Community Band Together To Create Crypto Job Board During Hard Times

During the bearish cryptocurrency winter, many blockchain and cryptocurrency-related companies laid off large numbers of staff, from ConsenSys trimming down 13 percent of the team to Steemit laying off 70 percent of their staff. Maria Paula Fernandez’s, the organizer of… Continue Reading →

State Farm Catches Blockchain Fever, Trials DLT for Auto Claims Subrogation

State Farm, a large group of United States-based insurance and financial services firms offering automobile insurance products, loans and more, has announced on December 10, 2018, that it’s testing a distributed ledger technology (DLT) based solution that could help speed… Continue Reading →

Crypto Project Shivom Project Shirks Questioning Behind Legal Troubles

In a December 10, 2018, Reddit post, user timberland outlined the shady practices behind “the world’s largest DNA data and healthcare services platform,” Shivom. Details regarding the departure of the firm’s co-founder missed deadlines, and the technical aspects backing the… Continue Reading →

1.3 Million Bitmain S9 Bitcoin Miners Go Offline as Crypto Price Crash Continues

The total hash rate of the Bitcoin network has fallen by 31 percent since November, representing around 1.3 million Bitmain S9 miners that have been turned off as they struggled to stay profitable in the bear market, BitMex revealed in… Continue Reading →

UK MP: “Taxes Could Be Paid in Cryptocurrency”

On December 10, 2018, a UK Member of Parliament (MP) spoke out in favor of cryptocurrencies, calling for colleagues to educate themselves further on the technology and, suggested they could be used to pay taxes. Pro-Crypto MP According to an… Continue Reading →

Blockchain Ecosystem ARK Joins Hands with Crowdsourced Security System Bugcrowd

ARK, a blockchain ecosystem, announced that it has sought out security and penetration testing services from world’s leading crowdsourced security platform Bugcrowd on December 11, 2018. The move makes up a part of a precautionary measure to find out vulnerabilities… Continue Reading →

South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant

The South Korean government will be spending four billion Korean won (KRW) ($3.500.000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. According to the report, the… Continue Reading →

UNICEF Joins the Blockchain Movement, Set to Fund Various Blockchain Projects in Emerging Economies

In a bid to make it easier for innovators in emerging economies to solve real-life problems with distributed ledger technology (DLT ), the UNICEF Innovation Fund, has announced a move to invest heavily in six blockchain startups in developing and… Continue Reading →

Australian Anti-Encryption Bill Reminds the Globe “Why Crypto?”

The Australian government has passed a controversial anti-encryption bill that allows law authorities to forcefully access sensitive consumer data encrypted by popularly-used technology companies and social applications, reported The Hacker News on December 10, 2018. Data Down Under Formally known… Continue Reading →

Hackers Unfazed by Crypto Price Crash as they Double Down on Wallet Attacks

According to a report by ZDNet, published on December 10, 2018, cybercriminals have doubled-down on their efforts to hack into internet-exposed Ethereum wallets and mining equipment. Publicly Exposed Ports Risk Holders Wallets Per the report, cybercriminals are actively scanning for… Continue Reading →

Cyberpunk is Now, but Japan is Only ‘Kind of’ Crypto

Japan dominates the crypto headlines week in and week out. It has played the host country for a number of the industry’s largest hacks but also boasts massive retail uptake. In a recent article on the world of cryptocurrencies, The… Continue Reading →

HTC Blockchain Phone Exodus Sets Brave as its Default Internet Browser

According to a report by Finance Magnets, published on December 10, 2018, Taiwan-based mobile company HTC has that Brave (BAT) will be their blockchain-based smartphone Exodus’ default internet browser. HTC Hopes to Regain Market Share through Blockchain In May 2018,… Continue Reading →

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