Mac App Mining Monero Gets Removed From App Store Due to Guideline Violation

Malicious applications mining cryptocurrency have become a lot more common in the past few months. It seems every criminal and their pet is working on some way to use other people’s computing resources to mine Monero or other currencies. Some app developers integrate this option to provide access to premium features. One such app made its … Read more

Large Glassware Plant in Siberia to Mine Bitcoin

The largest glass manufacturing plant in Siberia may soon start minting bitcoins. The management of the factory in Novosibirsk announced plans to invest in a mining farm. 11 million rubles will be spent in the first phase of the project to utilize surplus electricity and make use of empty spaces. Also read: Bitmain Opens Repair … Read more

Former Journalist Recounts Losing $7 Million Trading Crypto

Former journalist, Derek Rose, recently recounted his story of losing over $7 million USD in the cryptocurrency markets. Mr. Rose had invested his life savings into cryptocurrency, using leverage trading to grow his account by 3,500% in a matter of months, before his trading account was liquidated. Also Read: Peter Thiel Is Long on Bitcoin, a … Read more

Korean Regulator Warns Kakao’s ICO Abroad Could Violate Crypto Regulations

Responding to media reports that South Korean internet giant Kakao plans to raise funds using an initial coin offering (ICO) abroad, the country’s financial regulator reportedly warned that the ICO could violate current cryptocurrency regulations. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies ICOs Abroad Could Still Violate Korean Laws Kakao Corp, … Read more

Ukraine to Legalize Crypto Mining as Economic Activity

The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. Also read: Ukraine’s Financial Watchdog Clarifies Stance on Cryptos Easing the Pressure on the Crypto … Read more

France Warns of 15 Unauthorized Cryptocurrency Investment Platforms

The French financial regulator has issued a warning and published a list of 15 unauthorized cryptocurrency exchange and investment platforms. These companies keep marketing to the French public despite the agency’s warnings. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies France Warns of Unauthorized Crypto Platforms The Autorité des Marchés Financiers (AMF) … Read more

Bill Promises to Rid New York of Bitlicense Fees

A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim is to protect … Read more

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