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Posts Tagged ‘News’

Iceland’s ‘Big Bitcoin Heist’ Suspect Has Been Arrested

Iceland’s now-infamous bitcoin miner thief has reportedly been arrested. A Dutch police spokesperson confirmed that Sindri Thor Stefansson – who is accused of masterminding the theft of $2 million worth of mining hardware in what’s being called the “Big Bitcoin Heist” – was arrested in the Amsterdam on Sunday night. Prosecutors are now looking to…

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Crypto Winter or Spring Revival? Take CoinDesk’s State of Blockchain Survey

After a historic 2017, the cryptocurrency markets took a decided downturn in Q1. Bitcoin, ethereum, litecoin – and most major cryptocurrencies – saw declines in a variety of metrics: exchange volumes, transaction counts, and, of course, price. With it, too, public sentiment on the technology appears to have become more mixed. Some naysayers, like Nobel…

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Bitcoin Is Facing Stiff Resistance On Road to $10K

Bitcoin is solidly bid on Tuesday and could test the $10,000 mark in the next few days, chart analysis suggests. Following a sharp price spike just after midnight (UTC), the cryptocurrency rose to $9,308 on Bitfinex – the highest level since March 14. At time of writing, BTC was trading at $9,291, up 4.2 percent…

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Korea’s SK Telecom to Build Blockchain for Identity and Asset Exchange

South Korea’s SK Telecom is reportedly launching a blockchain-based platform for authenticating customers’ identities within the year. According to a ZDNet report on Tuesday, the telecoms giant – a subsidiary of the SK Group, one of the largest family-owned conglomerates in South Korea – is developing the new system in order to streamline user subscriptions and payment…

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1 in 5 Financial Institutions Exploring Crypto Trading, Survey Finds

Mass media company Thomson Reuters has found that one in five of its financial services clients is considering trading cryptocurrencies this year. The firm recently surveyed more than 400 clients on its data and trading platforms, including Eikon, REDI, FXall and Elektron. About 20 percent of these clients were “really interested and actively exploring” launching cryptocurrency…

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Malta’s Prime Minister: Cryptocurrencies Are ‘Inevitable Future of Money’

Adam James · April 23, 2018 · 7:30 pm While countries around the world argue and dither over how to effectively control, manage, or ban cryptocurrencies, the tiny Mediterranean island of Malta is looking to become the blockchain capital of the world. Valour and Firmness (and Crypto) When it comes to effective cryptocurrency regulation and encouragement,…

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Iran Bans Banks From Touching Bitcoin

Georgi Georgiev · April 23, 2018 · 3:30 pm In an attempt to halt a currency crisis, and over concerns related to money-laundering, the Central Bank of Iran has banned the banks of the country from dealing in virtual currencies such as Bitcoin. The Central Bank of Iran (CBI) has moved to prohibit banks from…

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