Tag Archives: Cryptocurrencies

Europol Is Concerned About Cryptocurrency

A three-day security conference organized by Europol, a European version of the international agency Interpol, is set to find out how to tackle “the abuse of virtual currencies for illegal activities,” reports the Financial Times.  Close to 16 cryptocurrency exchanges are expected to participate in the event which started yesterday. A Europol spokesman told the FT that […]

Circle Publishes Their Asset Framework

Circle publishes framework for releasing new assets on their platforms. The criteria categories are fundamentals, technology, people, business model, and market dynamics. In addition, they also announce that they refuse to accept money to list an asset and all added assets must pass a legal review. Circle published a framework of questions used in determining […]

Renewable Energy Company In Quebec Gets Overwhelmed by Crypto-mining Demand

Earlier this month, Bloomberg published an article that discussed developments with an electricity generating company that was dealing with “unprecedented” energy demand from crypto-mining firms. The company, called Hydro-Quebec, had been trying to get the attention of crypto miners since it would allow them to use surplus energy from electric generating dams in northern Quebec. […]

Freedom of the Press Foundation Now Accepts Cryptocurrency

Good news both for the proponents of freedom of speech and cryptocurrency enthusiasts. A non-profit organization that funds and supports free speech, Freedom of the Press Foundation, has taken a decision to use cryptocurrencies, reports Fortune.com From now on the organization will accept donations in Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and ZCash. Besides, it noted […]

A Swiss Bank Criticizes Cryptocurrencies

The Bank for International Settlements, a Swiss-based institution, has published a doom and gloom article Cryptocurrencies: looking beyond the hype, in which it states that cryptocurrencies may never become mainstream because of “a range of shortcomings”, reports the Star. For instance, the BIS believes that cryptocurrencies are way too unstable and electricity-consuming as well as subject to manipulation and […]

Is Hashflare Cloud Mining About To Pull An Exit Scam?

At the moment, users of HashFlare’s cloud mining services are worried that the company may be preparing to pull an exit scam. This is because the daily payouts are now below the maintenance fee, so users are not making any returns on their investments anymore. This development comes after the mining difficulty increased by 14% […]

Bug Discovered in ICON (ICX) Smart Contract

A bug was found in ICX that allows anyone to initiate the proccess of the upcoming ICX main net token swap. Min Kim, Foundation Council member, has announced a temporary solution is in place and a permanent solution has started and is expected to be completed shortly. About 3:30 PST on Friday, a Reddit poster […]

The Dutch Financial Authority Is Once Again Doubtful About Cryptocurrency Activities

The Netherlands Authority for the Financial Markets (AFM) is unsure whether cryptocurrency operations conform with the country’s licensing law, it has emerged. The authority has sent a short letter addressing “new market entrants who wish to apply for a license as a manager of a crypto investment institution. Besides it also aims to inform those already […]

Western Union Not Happy with Results From Its XRP Trial

The Western Union Company is an American financial services company. They performed a trial using Ripple’s xRapid blockchain tech and are not satisfied with what they are seeing. Western Union is the largest money transfer service in the world. The service shocked the crypto world in February this year when it announced that it would […]

Ethereum Not A Security, the SEC confirms

William Hinman, SEC director of corporate finance, confirmed during Yahoo! All Markets Summit, that Ethereum is not a security, reports Yahoo Market. And neither is Bitcoin. Particularly, the official told the audience that the agency which he represents, “doesn’t see a lot of value in treating ether today as a security,” explaining that the fact that there is no […]