2018 Thiel Fellows Include Four Blockchain Startup Founders

Every year, 20 individuals get the prestigious opportunity to have their dreams supported by the Thiel Foundation, a nonprofit organization founded by PayPal co-founder and renowned entrepreneur Peter Thiel. The winners are recognized for their courage to pursue their dreams and receive $100,000 for their companies. They also get mentorship from the Thiel Foundation’s network which … Read more

Cryptocurrency Firm Circle Sees Institutional Interest Spike 30%

This week the cryptocurrency firm Circle revealed it has seen a significant uptick in institutional interest. According to Circle CEO and co-founder, Jeremy Allaire says even though cryptocurrency markets were down in during the month of May the company saw a 30 percent spike from institutional clients last month. Also read: Meet Three More Applications That … Read more

200 Computers Used to Mine Cryptos Seized by Chinese Police

Crypto mining has been grabbing headlines in recent weeks, whether it’s the proposed moratorium in Missouri or the hiked power prices in Quebec. Most recently, a crypto miner who attempted to ‘steal’ power for his mining operations was arrested and his equipment confiscated. As reported by local media, the culprit had short-circuited his electricity meter … Read more

US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown

US authorities have revealed that their agents had been operating undercover on the Darknet for the past year. The massive operation uncovered the true identity of over fifty vendors on sites such as Silk Road, Alpha Bay, Hansa, Dream, and more. Over 35 people have already been arrested and goods worth over $23.6 million have been … Read more

Contradictory Reports Emerge on Crypto Taxation in South Korea

One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto … Read more

Facebook Unbans Cryptocurrency Ads

Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted. Also read: Yahoo! Japan Confirms Entrance Into … Read more