U.S. Marshals Auction Completes the Sale of 3,800 BTC

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The U.S. Marshals revealed this week it completed the auction that saw the sale of 3,813 bitcoins ($31Mn USD) on January 22. The bitcoins were seized from various civil forfeitures and criminal cases involving U.S. law enforcement agencies like Homeland Security and the Federal Bureau of Investigation (FBI). Also read: Weiss Ratings Defends its Decision to … Read more

MyEtherWallet “Rebrand” A Hoax: Taylor Censoring Reddit as Damage Control?

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MyEtherWallet (MEW) is one of the most well-known wallets for cryptocurrency, and has had a flawless reputation thus far. Now a whole controversy on censorship, a potentially fake “rebranding” is in the works as the MEW team has splintered. A Social Media Takeover It all started when MEW co-founder, Taylor Monahan (AKA “tayvano_” on Twitter … Read more

New PBoC “Regulatory Measures Against Bitcoin” Turn out to be a Hoax

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The entire cryptocurrency world got a rather surprising scare last week. Rumor had it the Chinese central bank would be introducing even more Bitcoin regulation. Some sources mentioned the government was looking to restrict access to foreign exchanges altogether. It now turns out this was a pure hoax, as someone had hacked into the central bank’s … Read more

Coincheck Announces JPY Withdrawals Will Resume Next Week

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This Friday the Japanese exchange Coincheck has announced the resumption of yen (JPY) withdrawals will begin next week. The news follows the trading platform halting operations on the 26th of January. That day Coincheck was hacked and lost a total of 523,000,000 XEM, but the exchange promised to pay back the 260,000 customer accounts that … Read more

What Is Scilla?

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There is a lot of genuine interest in smart contract technology. While the possibilities are virtually limitless, there is a need for additional programming languages. Scilla may fill this gap in the future, as it is a new programming language proposed by a team of researchers. It is not only a more secure programming language, … Read more

Hong Kong Cracks Down on Securities Tokens – 7 Crypto Exchanges Targeted

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The Hong Kong Securities and Futures Commission has sent letters to seven cryptocurrency exchanges regarding their listings of securities tokens without a license. Most of the exchanges took immediate rectification measures, including removing problematic cryptocurrencies from their platforms. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Hong Kong Takes Action The Hong … Read more

Arizona Closer to Accepting Bitcoin and Regulating ICOs

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Arizona may become the first U.S. state to legalize bitcoin as a payment option for tax purposes. Bills to that end have been advancing in the State Legislature, with one of them already passed by the Senate Finance Committee. First reading of a draft law regulating ICOs has been scheduled, too. The Grand Canyon State … Read more