Tag Archives: news

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 […]

All Fiat Currencies will Eventually Become Cryptocurrencies

Jeremy Allaire, co-founder of Circle says “Our view is that all fiat currency will be crypto.” Circle is a peer-to-peer payments technology company founded by Jeremy Allaire and Sean Neville in October 2013. The mobile payment platform Circle Pay allows users to hold, send and receive traditional fiat currencies.  In February, Circle acquired Poloniex, a […]

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 […]

Coinbase Might Add More Cryptocurrencies Soon

After the latest news about integrating Ethereum Classic, Coinbase might add more cryptocurrencies to their platform. Coinbase, one of the largest cryptocurrency exchanges with 20m users, published a blog post on June 12 saying they are aiming for integrating Ethereum Classic in the months to come. In the blog post, Coinbase says “We plan to […]

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 […]

SafeHaven is Moving to the VeChainThor Blockchain

VeChain Foundation has announced that SafeHaven will switch from the Ethereum blockchain to the VeChainThor blockchain. The company states that it has reviewed SafeHaven’s technology, network, and background and sees “true value added to our platform by working together in partnership. This partnership will allow users access to a host of necessary solutions for continuity.” It is rumored that […]

CIA on the Identity of Satoshi Nakamoto, “Can neither confirm nor deny”

The search for ‘Satoshi Nakamoto’ intensifies after news about a CIA statement started to circulate on the internet. Since 2008, the identity of the legendary creator of Bitcoin Satoshi Nakamoto has been discussed.  A recent blog post by motherboard says that “The CIA can neither confirm nor deny’ it has documents on Satoshi Nakamoto”. The CIA […]

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% […]