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US Court Orders Dark Web Drug Dealer to Forfeit $150K in Bitcoin

Following a guilty plea, a U.S. court has ordered a dark web drug dealer to give up over $150,000 in Bitcoin. A United States court has ordered Christopher Bania, who recently pleaded guilty to drug distribution, to give up almost 17 Bitcoin (BTC) — worth roughly $150,000 at press time. The plea, order and sentencing…
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What Will Move Crypto Into the Institutional Realm?

As institutional investors move toward crypto, tight security is necessary. Facebook recently made its entry into the world of institutional blockchain and cryptocurrency with the announcement of Libra. It garnered so much attention that lawmakers in the United States are holding hearings to review the project. Walmart has been flirting with crypto and blockchain for…
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The Curious Case of AT&T, Seth Shapiro’s SIM Card and a Stolen $1.8M

Two AT&T employees have been accused of indulging in illegal SIM swap-related activities. Cointelegraph spoke with Seth Shapiro. Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the…
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Blockchain Registers for Recording Ownership Rights Around the World

Here is a list of where and how to secure ownership rights for businesses and real estate through a blockchain. The use of blockchain to cement ownership rights for real estate and business has been ongoing since 2016, when the technology was first used to organize new forms of registries and registration of transactions. The…
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Crypto Exchange OKEx Joins Internet Giant Kakao’s Blockchain Project

Cryptocurrency exchange OKEx is joining Klaytn, a global public blockchain platform developed by Kakao subsidiary Ground X. OKEx announced that it is joining Klaytn, a global public blockchain platform developed by Kakao subsidiary Ground X. On Oct. 25, OKEx wrote in a press release that blockchain project Klaytn will be onboarding the crypto exchange into…
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Can Libra and Other Crypto Find a Ground to Navigate Regulation?

What’s the right approach to privacy that will allow crypto to best navigate regulation? Bitcoin (BTC) and cryptocurrencies are causing some confusion for regulators globally. Designed usually as peer-to-peer payment platforms, cryptocurrencies seek to improve trust, security and privacy by significantly reducing or eliminating third parties. However, by connecting users directly, cryptocurrencies make regulatory oversight…
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Killers, Giants, Nodes and 20 Crypto Jokes

So, what happened this week in the Cryptoworld? Bitcoin crashed and the entire market turned bloody. You know, the usual. Until it’s not usual and Bitcoin makes one of the biggest move in its history. We found out that Bakkt aims to lure institutional investors with a new product, that Killers are coming for Ethereum,…
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China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020

China has passed the first-ever law specifically aimed at regulating cryptography and password management taking effect on Jan. 1, 2020. The Standing Committee of the 13th National People’s Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV.  Per…
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The Future of Cryptocurrency Adoption in Germany

Germany is one of the world’s leading economic powers. However, it isn’t quite one of the world’s leading cryptocurrency nations, with countries such as Switzerland, Malta, Japan, Singapore, Luxembourg and Liechtenstein having already introduced more progressive legislation related to crypto and blockchain technology. Still, Germany has witnessed relatively encouraging  Read more »Pay/Trade/Buy Bitcoin with Credit…
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Redditor Claims Miner Controls 50% BCH Hash Rate, Asks to De-List BCH

A Redditor spotted a Bitcoin Cash miner that apparently now controls more than 50% of its hash rate and asks to de-list BCH. An unknown Bitcoin Cash (BCH) miner was apparently in control of more than 50% of the token’s hash rate for 24 hours. The miner seemed to mine 73 blocks from 10 am…
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