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Bitcoin – Page 1777 – DIGIT INFO

Special Unit Formed to Investigate Crypto Cases in India

A special investigations unit has been set up in the Indian state of Maharashtra where there is a rise in bitcoin-related scams. The unit will take over the investigation of all cases relating to cryptocurrency in the state that are currently handled by various police departments. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more

Philippines Embraces Cryptocurrency: Exchanges Issued Provisional Licenses

The Philippines Cagayan Economic Zone Authority (CEZA) announced it granted three cryptocurrency exchanges provisional license to operate. All three are foreign-based, including two from Hong Kong and one from Thailand. To gain annual approval, companies made substantial financial and employment investments in the country. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against … Read more

Localbitcoins Trader Sentenced to One Year in Prison

A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.5 million for customers across the country, according to the notice by the U.S. Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more

Korean Government Criticized for Crypto Exchange Hacks, Upbit Denies Hack Rumor

The South Korean government has been criticized for not doing enough to help prevent hacking at cryptocurrency exchanges. Data obtained by the regulators show that three crypto exchanges were hacked, with damage of almost $1 billion, after having gone through an inspection by the government. Meanwhile, one of the nation’s largest crypto exchanges, Upbit, has denied … Read more

Bitcoin Price Watch: Currency Falls to $6,300

At press time, the father of crypto has fallen back down to $6,300, about $400 less than where it has stood for the past few days. Bitcoin recently reached $6,700 – a milestone according to most analysts, who suggested that the currency had broken longstanding resistance and that $7,000 was likely inevitable. Sadly, this doesn’t … Read more

Government Investigator Says “Darwinian” Selection Led to Dominant Cryptocurrencies

The Deputy Governor of the Bank of France, Jean-Pierre Landau, also named  “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy. The report said cryptocurrencies are in a phase of technological and economic experiment. Their future is still uncertain, however, there are few possible scenarios. One … Read more

Professor Whitfield Diffie on the Challenges of Securing Data on the Blockchain

Blockchain technology has come a long way since it was introduced as the underlying technology driving Bitcoin. As the field continues to advance, modern blockchains such as Ethereum, EOS, NEO, Cardano and others are becoming software platforms where startups can build entire products and utilize decentralized features inside their own applications. Today, blockchain technology is … Read more

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