Cryptomining Attacks Remain One of the Nastiest Malware Threats of 2019

Nov 7, 2019

Cryptography is a tool that can work in two different ways. It can be used to hide information using encryption or, with the correct information, it can be used to track data. The latter is what people are talking about when they name transparency as the primary value of cryptocurrency or blockch...

Russian Aluminum Plant Set to House Cryptocurrency Mining Farm

Nov 1, 2019

International economic sanctions have propelled many countries toward cryptocurrencies — from Venezuela to Iran. Now, U.S. sanctions imposed on one Russian company have paved the way for a cryptocurrency mining operation to take over a decidedly industrial facility. Rusal Turns to Cryp...

Op Ed: How to Understand Taxable Events for Cryptocurrency

Oct 17, 2019

Today’s average cryptocurrency investors, which number in the hundreds of thousands, may not even be aware that they need to pay taxes on their cryptocurrencies. But there is no longer any reasonable doubt regarding the need for reporting capital gains, compliance, auditing, accounting and taxa...

IEO Review: 87 Crypto Projects Raised Over $300 Million, 62% Have Negative ROIs

Oct 15, 2019

As bitcoin price stops climbing and tumbles below the $8,000 mark in the past few weeks, analysis that bitcoin prices dip under $5,000 and bitcoin scam claim are coming back on the table. It's hard to predict whether bitcoin will dip below $5,000, but investors condemning cryptocurrencies are a...

Hong Kong Set out Rules for Crypto Asset Managers, ICOs are OK with Limitations

Oct 8, 2019

Hong Kong’s Securities and Futures Commission (SFC) has recently released rules and regulations for fund managers dealing with crypto assets. The securities regulator published a 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portf...

Bitcoin Plunged Below $8,000 for First Time since June, Where Will It Go

Sep 25, 2019

On the early morning of September 25, the price of bitcoin plunged nearly $2,000 from its long-standing support around $10,000 in just over an hour, hitting an intraday low of around $7,700, its lowest level since mid-June. Led by the plunge of bitcoin, mainstream cryptocurrencies also suffer...

Former Architect of China’s Central Bank Digital Currency: Cryptocurrency Has Already Had the Potential to Become Real Money

Sep 18, 2019

Yao Qian, general manager at China Securities Depository and Clearing Corporation Limited (CSDC) and former director of the PBoC’s Digital Currency Research Institute, said that cryptocurrency has already had the potential to become real money as it’s correcting the fundamental ...

Incoming European Central Bank President Is Open to Cryptocurrencies

Sep 6, 2019

Christine Lagarde, who has been nominated by European governments to replace sitting European Central Bank President Mario Draghi, appears kinder to the burgeoning cryptocurrency industry than her predecessor. In a statement issued to the Economic and Monetary Affairs Committee of...

Infographic: How Crypto Is Disrupting the Financial Ecosystem

Sep 5, 2019

“It’s gold for nerds.” — Stephen Colbert To idealists, it’s a brave new idea. To your parents, it’s a hipster fad. Civil libertarians see it as a tool to help us escape the oppression of banks and governments. Politicians see it as an illegal enabler of deep-web sites like the Silk R...

U.S. Top Source of Traffic to Cryptocurrency Exchanges, China Ranks Fifth Globally

Sep 3, 2019

The top 20 countries with the highest interest in cryptocurrency account for nearly 75 per cent of the total traffic to cryptocurrency exchanges, while the other 165 countries only account for 25.26%. Among them, the U.S. is the top source of traffic to crypto exchanges, according to a report fr...