Hackers Target 400,000 Computers with Mining Malware

More than 400,000 personal computers have been attacked in a large-scale attempt to distribute cryptocurrency mining malware. The hackers used sophisticated trojans to infect PCs mostly in Russia, but also in Turkey, Ukraine, and other countries. The coordinated assault lasted more than 12 hours. Also read: New Monero Mining Malware Sends Proceeds to Kim Il … Read more

PR: Paytomat Will Run a Token Sale to Bring Cryptocurrencies to Your Next Door Cafe and Grocery Store

Paytomat Will Run a Token Sale to Bring Cryptocurrencies to Your Next Door Cafe and Grocery Store Having successfully integrated with over a hundred of point-of-sales in Ukraine, Paytomat will be holding a token sale to scale its blockchain-based solution to the global level Tallinn, Estonia and Kyiv, Ukraine – Paytomat, the decentralized system for … Read more

Major Pawnshop Network in Ukraine Launching Cryptocurrency-Secured Loans

A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded … Read more

Ukraine’s Financial Watchdog Clarifies Stance on Cryptos

The State Financial Monitoring Service of Ukraine has published its official position on crypto matters. While offering some borrowed definitions of terms like virtual currency and mining, the agency notes that changes to the legal status of cryptocurrencies in the country are expected. Also read: Uzbekistan to Legalize Bitcoin and Support Developers Due Diligence In … Read more

Russia to “Tame and Test” Crypto Technologies in Crimea

A proposal to “tame” crypto technologies in Crimea has been made in Russia’s parliament this week. A local representative of the Russian Association of Cryptocurrencies and Blockchain told deputies the republic’s jurisdiction can be used to “test the new phenomenon”. RACIB has been working on a roadmap to implement the “Crypto-Crimea” plan and set up … Read more

PR: EDU Ecosystem to Open Engineering Office in Kiev in April

EDU Ecosystem (LiveEdu) successfully completed Round I of their ICO by raising $10M. The company is wasting no time in starting on their roadmap targets, announcing plans to open an engineering office in Kiev, Ukraine this April in addition to their planned Southern California office. The post PR: EDU Ecosystem to Open Engineering Office in … Read more

Ukrainian Law May Separate Mining from Cryptocurrencies

Ukrainian legislators should separate the regulation of crypto mining from the legal status of cryptocurrencies. The new approach was proposed by the chairman of an important parliamentary committee who criticized law enforcement agencies for cracking down on crypto miners. Police confiscated mining equipment in a series of raids this week. Authorities claim that coins have … Read more

Kazakhstan, Kyrgyzstan, and Uzbekistan on the Crypto Radar

Several Central Asian countries have taken steps to embrace cryptos one way or another. Kazakhstan, Kyrgyzstan, and Uzbekistan are some of the less conspicuous former Soviet republics, but now they are starting to appear on the crypto radar. With certain inherent advantages and some clever new policies, they try to attract investors and integrate into … Read more