Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries

The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according … Read more

PR: Bitcoin Exchanges: Please Help Your Users Claim BCP and BCPC as Soon as Possible

Since coin claiming began at 09:00 GMT on 12 January 2018, the number of people registered at the Bitcoin Parallel website has skyrocketed. In order to maintain the Bitcoin Parallel Ecosystem, the Bitcoin Parallel Foundation has formulated a declining distribution rule. Bitcoin holders at block height of 507,000 receive BCP and BCPC at BTC: BCP … Read more

Thai Regulators in Race With Growing Popularity of Token Sales

The Thai government is concerned with the growing number of companies in Thailand racing to launch their initial coin offerings ahead of regulations. This has prompted the country’s regulators to hurry with the regulatory framework for token sales, ahead of cryptocurrency regulations. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ICOs Growing in Popularity … Read more

Bitcoin Wallet and Jaxx Blockchain Wallet Contain Major Security Flaws

Cryptocurrency wallets have always presented a mix of convenience and potential security issues. For the most part, the top cryptocurrency wallets do not suffer from any major vulnerabilities. In the case of Jaxx and Bitcoin.com’s Bitcoin Wallet, things are very different. Cheetah Mobile Blockchain Research Lab recently highlighted some major security flaws affecting both of these wallets. … Read more

Ukraine’s Financial Watchdog Clarifies Stance on Cryptos

The State Financial Monitoring Service of Ukraine has published its official position on crypto matters. While offering some borrowed definitions of terms like virtual currency and mining, the agency notes that changes to the legal status of cryptocurrencies in the country are expected. Also read: Uzbekistan to Legalize Bitcoin and Support Developers Due Diligence In … Read more

Israeli Supreme Court Orders Bank Leumi Not to Block Bits of Gold’s Activities

Israel is a pretty intriguing country when it comes to cryptocurrencies in general. So far, we have not seen any major regulatory actions in that part of the world. That makes it all the more surprising to see the Supreme Court of Israel intervene in a recent spat between one of the country’s banks and a cryptocurrency … Read more