Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce stacking rewards in February. Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce stacking rewards in February. According to an announcement published by Binance.US on Jan. 29, staking rewards will be made available for Algorand (ALGO) and COSMOS…
Read more
CryptoWatt, a crypto mine based in Montana, recently resumed operations after connections to a fraudulent owner halted business. A cryptocurrency mine in Butte Montana fired up its servers today, resuming business without its former owner, an alleged fraudster. After a legal appearance on the matter, part-owner Kevin Washington and operator Rick Tabish started up crypto…
Read more
Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. A patent document filed with the United States Patent…
Read more
A UK high court imposed a proprietary injunction on Bitcoin paid as ransom in a ransomware attack. A United Kingdom High Court ordered a proprietary injunction on Bitcoin (BTC) obtained through a ransomware attack on a Canadian insurance company. A proprietary injunction is an order which prevents a person from dealing with their own assets…
Read more
An act regulating cryptocurrency firms comes into effect on Jan. 28 in the Republic of Singapore. Legislation regulating the operations of cryptocurrency firms in Singapore comes into effect today, Jan. 28. The new Payment Services Act will regulate cryptocurrency payments and trading enterprises under some aspects of the regulatory regime that currently governs traditional payment…
Read more
Offline cold storage cryptocurrency wallet provider GK8 is offering a bug bounty of up to $250,000 to the first person who can hack its ostensibly “hack-proof” product. Offline cold storage cryptocurrency wallet service provider GK8 is offering a bug bounty of up to $250,000 to the first person who can hack its product. GK8 —…
Read more
Two executives at Coinbase and Ripple are leading a drive for smart regulations and transparency in the crypto-sphere, which would drive mainstream adoption. Two executives at Coinbase and Ripple are leading a push for smart regulations and transparency in the crypto-sphere that would arguably drive adoption and take blockchain technology mainstream. Market integrity must improve…
Read more
Deutsche Bank’s research arm issued a report predicting that cash will be around for a long time despite the surge of digital currencies. Cash is unlikely to disappear anytime soon despite declining use as a payment method and the surge of digital currencies, Germany’s largest bank says. Deutsche Bank, a German multinational investment bank that…
Read more
The World Economic Forum 2020 tackled many of the regulatory issues currently plaguing the global crypto sector. Last week saw a whole host of world leaders — including United States President Donald Trump and Prince Charles of Wales, along with a number of other prominent dignitaries — come together to attend the 2020 iteration of…
Read more
Iran’s Ministry of Industries, Mining and Trade has issued 1,000 cryptocurrency mining licenses since the introduction of the certification regime. Iran’s Ministry of Industries, Mining and Trade has issued over 1,000 cryptocurrency mining licenses to domestic operations. According to a report published on Jan. 24 by Iran’s Banking and Economic System Reference Media (IBENA), a…
Read more
