New ‘Hack-Proof’ Security-Centric Phone Features Built-In Bitcoin Wallet

Mobile cybersecurity firm Sikur has unveiled “the first fully encrypted, hack-proof smartphone that can safely store cryptocurrencies.” The phone’s hardware and software were built from the ground up with a dedicated bitcoin wallet and a custom app store for high-security apps. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ‘First Fully Encrypted, Hack-Proof … Read more

North Korea Obtained 11,000 bitcoins in 2017, Expert Says

North Korea may have made over $200 million USD from cryptocurrency transactions last year, according to a former NSA official. DPRK is believed to have obtained at least 11,000 bitcoins through mining or hacking in 2017. Pyongyang continues to exploit the benefits of using cryptos and the cyber security weaknesses of its adversaries, recent reports … Read more

Data Company Tracks Crypto-Adoption Using Social Media

Just recently the audience intelligence company, Pulsar, published a report examining the mainstream adoption of cryptocurrencies. Rather than measure interest using prices, trade volume, and market capitalization the comprehensive study analyzed data using over 5 million mentions across social media September 14, 2017 – January 8, 2018. Also Read: Coinbase Reveals ‘Overhauled’ Changes and Tax Tools … Read more

EU Losing Patiencen – Urges Global Crypto Regulation

Commissioner for Financial Stability, Financial Services and Capital Markets Union, Valdis Dombrovskis of the European Union (EU), is urging a broader regulatory regime upon cryptocurrencies, and is threatening an EU move especially if there appears to be no global consensus on how to address the decentralized currency phenomenon.  Also read: Bitcoin Futures Regulator Allows Employees to … Read more

Germany Treads Lightly on Bitcoin Taxation

Germany is taking a lead within European Union established economies, deciding upon slow regulation when it comes to the world’s most popular cryptocurrency, bitcoin. It will not tax the digital asset as a form of payment, miner rewards escape the sting as well, and even some exchanges will receive exemptions.   Also read: Bitcoin Futures Regulator … Read more

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