Details of Iran’s National Cryptocurrency Unveiled

Iran has been developing a national cryptocurrency, a move that could allow them to evade US economic sanctions. Informatics Services Corporations, the country’s leading provider of banking systems, has reportedly been designing and developing the cryptocurrency and has now revealed its features. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Built on Hyperledger Informatics … Read more

Report Finds Mining Activity and Bitcoin Exchange Development in North Korea

A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. Also read: Yahoo! Japan Confirms … Read more

Nicehash Returns 60% of Coins Stolen in the Hack

Nicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. The police investigation into the case is still ongoing.    … Read more

Bitcoin Cash Upgrade Debate: One CPU Equals One Vote

If you are a Bitcoin Cash (BCH) proponent you’ve definitely been hearing a lot about the upcoming hard fork scheduled for November 15. Most people have been discussing the conflict between the Bitcoin ABC developers and Nchain’s recently announced Bitcoin SV project. This week Nchain’s Steve Shadders shared a post concerning the Bitcoin SV client … Read more

N.Y. Judge Rules in Favor of CFTC, Permanently Bans Crypto Startup

A New York judge has issued a court order permanently banning a New York-based crypto promoter whose firm was accused of defrauding investors and failing to deliver on its promises. In his ruling, Judge Jack Weinstein stated that the crypto firm, CabbageTech Corp., had defrauded investors using false statements, and ordered its operator, Patrick McDonnell, … Read more

Bitcoin Price Watch: A Spiking Price Could Mean Bitcoin Ends the Year on a High Note

At press time, the father of cryptocurrency is back up to $6,700. This is about $100 higher than where it was yesterday, and about $300 higher than where it’s stood all week. Bitcoin has allegedly been on the brink of recovery. Following the news that the Securities and Exchange Commission (SEC) had rejected nine separate … Read more

‘Faketoshi’ Craig Wright Struggles to Provide Original Coding Samples

Craig Wright has always been one of the more interesting individuals in the cryptocurrency industry. Despite claiming he is Satoshi Nakamoto, the rest of the world remains unconvinced. A recent debate between him and Vitalik Buterin has only further tarnished Wright’s reputation. Faketoshi Copies Coding Samples It is a bit unclear where the recent debate … Read more