China State TV: Blockchain Will Be 10 Times More Valuable Than the Internet

China is suddenly bullish on blockchain technology. It has overloaded the cryptocurrency industry with praise over the past few months. The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA China Central Television, a state … Read more

Former Macau Triad Boss Launching Cryptocurrency

Various entities, users, and companies commonly seek to introduce their own cryptocurrencies. It’s quite challenging to do so successfully, as not all currencies are created equal. Wan Kuok-toi, a former Macau triad boss, is looking to launch his own cryptocurrency and associated blockchain ecosystem. It’s a remarkable development, albeit one that will be criticized. Another … Read more

Reserve Bank of India Admits Issuing Crypto Ban Without Research

RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been distributed on social … Read more

Russian Government Website Was Affected by a Malicious Cryptocurrency Mining Script

There have been a lot of incidents involving cryptocurrency mining. This has become especially apparent where malicious mining scripts on various websites are concerned. It seems one official website in Russia has fallen victim to a malicious mining attack which ran for ten full days. Another Cryptocurrency Mining Incident It is neither the first nor … Read more

Devolver Digital Makes a Point With Lootbox Coin “Currency”

The pattern of projects issuing their own tokens and currencies willy-nilly has attracted a fair amount of criticism. A lot of ICO projects don’t need their own currencies, or even their own blockchains. Even so, there have been a few projects poking fun at this concept. Devolver Digital, a well-known game development studio, is joining … Read more

Tezos Foundation Announces Investor KYC and AML Procedure One Year After Raising Money

Even though it appears the Tezos team has successfully addressed most of the problems holding the project back, more controversy looms on the horizon. More specifically, the team has made it clear they will perform thorough KYC and AML checks for all investors. It’s a remarkable decision, considering that those users contributed nearly a year … Read more

Bitcoin Price: $6,800 Seems to Hold Despite More Imminent Bearish Pressure

The uneasy situation affecting all cryptocurrency markets will remain in place for some time to come. Despite some minor gains for most currencies, it seems there is still plenty of negative pressure. As such, the question becomes whether or not the Bitcoin price will remain above $6,800 today. So far, it’s not looking too promising. … Read more