Category: Technology

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Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost

Accused Irish drug trafficker Clifton Collins has ostensibly lost the keys for his $56 million worth BTC accounts earlier confiscated by the police. Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that robbers took the keys to the $56 million in Bitcoin (BTC) Irish High Court had ruled should be confiscated. After…
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Ravencoin Community Clash Over Mining Algorithm Continues

Despite hard forking five months ago to resist ASICs, the Ravencoin community has found consensus surrounding its next algorithm. The Ravencoin community continues to argue over what mining algorithm the project should adopt in the future to best deter ASICs, despite Ravencoin conducting a hard fork intended to bolster ASIC-resistance just five months ago. Tron…
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Canadian E-Commerce Giant Shopify Joins Libra Association

E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project, Libra. E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project Libra. Shopify, a major Canada-based digital commerce platform hosting more than one million merchants, will be collaborating on the establishment…
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Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField

Blockchain analytics firm Chainalysis partners with CoinField exchange to add enhanced AML technology. Amid a tightening regulatory scene in crypto, blockchain analytics firm Chainalysis has joined up with digital asset exchange CoinField. CoinField plans to use Chainalysis technology to help with its Anti-Money Laundering, or AML, practices, Chainalysis announced on Feb. 20. Crypto leaves the…
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No Bitcoin ETF Yet: A Deep Dive Into the Situation in the US

Several entities with pending crypto ETF proposals in the U.S. give their thoughts as to why no such crypto product has yet passed the test with the SEC. Over the past several years, many entities have submitted proposals for regulated Bitcoin (BTC) exchange-traded funds, or ETFs in the United States. So far, the Securities and…
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First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX

Ukrainian cryptocurrency exchange Kuna has launched a hryvnia-pegged stablecoin, UAX for open beta testing. In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH). Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the…
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Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving

Riot Blockchain has opted to sell its new crypto exchange RiotX to focus on Bitcoin mining before halvening. Riot Blockchain, a Nasdaq-listed crypto firm in the United States, plans to sell its exchange to focus on Bitcoin (BTC) mining ahead of the halving. According to an official announcement on Feb. 20, Riot has “opted to…
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Sweden Is Testing Its New Central Bank Digital Currency

CBDCs are starting to gain some momentum. The country of Sweden has begun testing an e-krona, bringing it that much closer to the proper release of a central bank digital currency (CBDC). The pilot program will be in operation for one year, until February 2021. If and when the e-krona formally launches for use by…
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IOTA Urges Trinity Wallet Users to Use Seed Migration Tool

The IOTA Foundation is strongly recommending users of its official wallet to immediately change their passwords. Responsible for one of the top performing cryptocurrencies, IOTA is continuing to release new information in response to a Feb.12 hack on its official wallet.  According to a Feb. 19 status update, the IOTA Foundation strongly recommends users of…
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Users Pay $1M for Digital Land as 2017 ICO Finally Opens Virtual World

Decentraland recently launched its virtual reality world, seeing $1 million in land sold on its digital arena. Almost three years after its ICO, Decentraland has opened its platform — a virtual world in which participants buy and sell fake land, as well as construct buildings.  Over the past ten days, Decentraland gamers have purchased over…
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