Bitcoin and Ether Are Not Securities: SEC Director Sets the Record Straight

Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized networks and systems which will … Read more

Buying goods and services with cryptocurrency can be cheaper

As the public engage more with technology and it becomes a more integral part of their lives, the major tech platforms are branching out to make a more complete experience for their users. This is also true for newer technologies like cryptocurrencies. Individual solutions for payments, trading, purchasing, and business apps in crypto are barely … Read more

This Week in Bitcoin: An End to 51% Attacks and Who Controls Bitcoin?

This week we reported about a suggested solution to 51% attacks, a hacked exchange that was blamed for tanking the market and a cannabis-themed cryptocurrency bringing peace to the world. We also learned, in this week’s most commented-on article, who really controls Bitcoin and why it won’t become a global currency, according to the CEO of Ripple. … Read more

Microsoft Partners with Adents on Blockchain Fraud Detection System

Microsoft has partnered with Adents, a serialization and traceability solutions provider, to launch a blockchain-based track and trace solution targeting the supply chain industry. Known as Adents NovaTrack, the new platform will offer unit-level tracking, giving users the ability to track a single product throughout the entire supply chain. In a June 14 press release, … Read more

Rivetz Acquires DISC Holdings

Technology is growing and achieving new capabilities each and every day. Despite this, cybersecurity lags behind, and this growing disconnect between the two is cementing a divide between state-of-the-art devices and the security that protects them. Because of this, cybersecurity losses number in the trillions of USD. That’s why Rivetz, a technology and cybersecurity firm, … Read more

Satoshi Nakamoto Known to CIA? FBI? Created by NSA? Search Intensifies

The “request has been rejected,” came response from the CIA, “with the agency stating that it can neither confirm nor deny the existence of the requested documents.” A tech writer petitioned ‘the agency’ to see what it had on the subject of Satoshi Nakamoto, the name credited with founding Bitcoin, the world’s first decentralized cryptocurrency. … Read more

Canadian Accused of Assisting Ross Ulbricht Extradited to U.S.

A fifty-nine-year-old Canadian man accused of advising Ross Ulbricht, the creator and operator of the first anonymous free market, Silk Road, has been extradited to the United States from Thailand. Roger Thomas Clark has been charged by federal prosecutors for a number of crimes relating to the operations of Silk Road, including narcotics trafficking, computer … Read more

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