Hackers make $100k per month with fraudulent Monero mining

There might be a downward trend in "cryptojacking" but it seems revenue gains from using illegal mining software is on the rise. Digital Trends reports the RWTH University in Aachen Germany describes in detail how the browser-based miner Coinhive is used to produce more than $250,000 in Monero (XMR)...

EtherDelta founder charged by SEC for running unregistered securities exchange

The U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, founder of Ethereum-based decentralized crypto exchange (DEX) EtherDelta for running an unregistered cryptocurrency exchange. The regulator points out this is the agency's first enforcement action on a platform running "as an unregistered national securities exchange". The SEC details the...

US SEC asks for feedback regarding the decision on VanEck SolidX Bitcoin ETF proposal

The U.S. Securities and Exchange Commission (SEC) has requested additional feedback from interested parties regarding its decision on approving the VanEck/SolidX Bitcoin ETF proposal. The institution announced yesterday the proceedings have started for the proposed rule change files by Cboe BZX Exchange, Inc. Should the SEC issue a favorable decision,...

Crypto advocate Ron Paul criticizes US Fed, says cryptocurrencies should be tax free

Ron Paul is an Austrian School economist and a well-known Libertarian who worked as a US Representative for over a decade. He is recognized as a long-time crypto advocate and is now supporting a tax exemption on cryptocurrencies. The former US Representative noted that unlike private or decentralized currencies, issuing...

We now have over 3,500 Bitcoin ATMs worldwide

The usage of cryptocurrency ATMs is steadily increasing as today the total number of fully functional bitcoin ATMs around the world has gone past the 3,500 mark. Cointatmradar is tracking the locations of bitcoin ATMs and their graphs are a lot smoother than the ones for bitcoin prices over the...

NiceHash, the Bitcoin mining service has returned 60% of stolen BTC since December hack

NiceHash, the popular Bitcoin cloud mining service based in Slovenia has managed to pay off more than 60% of the total amount of BTC stolen during the hack that happened in December last year. The restitution is being made on a monthly basis, mostly because the investigation is "demanding and...

Harvard, Stanford, and MIT are all crypto investors

As the adoption of cryptocurrency is growing stronger, more universities are investing in crypto assets. The Information, an educational publication reports that Harvard, Stanford, MIT, Dartmouth College, and the University of North Carolina have invested in at least one cryptocurrency fund. Sources familiar to the matter claim the five educational...

Ubisoft becomes founding member of the Blockchain Game Alliance

Ubisoft, the French gaming giant is showing highly involved in harnessing the power of the blockchain as the public interest for console video games is fading. As proof of their intentions, Ubisoft became a founding member of the Blockchain Game Alliance as reported by U.K. publication MCV. Members will work...

Ethereum to experience major trend reversal, prominent analyst claims

Ethereum, like almost any other cryptocurrency, has been affected by this year's bear market but some analysts and industry leaders claim the second crypto coin is about to see a shift in the current trend. Tom Lee, Fundstrat Global Advisors head of research has repeatedly appeared on CNBC Fast Money...

Lenovo applies for a blockchain verification patent

On 15 February, the U.S. Patent and Trademark Office (USPTO) published an official application by the Chineese technology company Lenovo. The new patent describes a new verification and validation system using the blockchain technology. The filled patent shows the usage of a "security blockchain" to verify the validity of physical documents...

Morgan Creek says crypto hedge funds will start shutting down

This year's bear market seems to have additional consequences according to Anthony Pompliano, well-known crypto figure and founder of Morgan Creek Digital, a large capital investment company. Bitcoin's price has dived below $5,000 (roughly $4,500 at the time of this writing according to coinmarketcap) reaching the lowest price this year....

Bitcoin Exchange Traded Fund decision delayed by the US SEC

An official document released yesterday by the U.S. Securities and Exchange Commission (SEC) states the agency is postponing it decision regarding the trading and listing of a Bitcoin exchange-traded fund (ETF) until September 30. Exchange Traded Funds are marketable securities that track a basket of assets and their arbitrage mechanism is...

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