News

France’s Central Bank: Keep Financial Institutions Out of Crypto

France’s central bank wants to keep banks and other financial institutions out of the cryptocurrency business. In a report published at the beginning of March, the Bank of France proposes to ban insurance companies, banks and trust companies from “taking part in deposits and loans in crypto-assets.” It also advocates prohibiting all Marketing of “crypto-asset” savings products to the public, save for the “most informed Investors.” The report, which provides an overview of the technology and suggests strict regulatory provisions, [...]

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Bitcoin Slips to $7,840 as Sell Volumes Intensify, Cryptocurrency Market Slumps

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The valuation of the cryptocurrency Market, which hovered near the $470 billion mark merely two weeks ago, has declined to $313 billion, as major cryptocurrencies including Bitcoin fell in value. Bitcoin Slumps Over the past 24 hours, the price of Bitcoin fell from $8,600 to $7,840, by nearly $800. While trading volumes of most major cryptocurrencies across leading exchanges remain low overall, Bitcoin’s daily trading volume has been [...]

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Cambodia Blocks Crypto Transactions While Launching Own Cryptocurrency

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Cambodian government, while pursuing its own cryptocurrency Entapay, has paradoxically banned financial institutions from engaging in cryptocurrency transactions, creating a state of confusion for the country’s cryptocurrency entrepreneurs. Men Sam An, Cambodia’s Deputy Prime Minister, recently announced the launch of Entapay, a cryptocurrency, and encouraged the company to abide by the company’s laws, according to the The Pnom Penh Post. Big Plans For Government Cryptocurrency Entapay is a [...]

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Blockchain Needs Some Centralization, Says Chinese SEC Official

An official from one of China’s financial regulators argued at the “Two Sessions” conference in Beijing on Sunday that blockchains are better if not completely decentralized. Acting as a policy advisor at the Chinese People’s Political Consultative Conference this week, Zhang Ye, head of the technology unit at China’s Securities Regulatory Commission, encouraged the public sector in China to embrace advanced technologies such as artificial intelligence and blockchain technology in public services. However, at the same time, he cautioned that, [...]

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How Hacked Widgets Help Criminals Mine Monero

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Covert cryptocurrency mining is shaping up to be the new mainstay of cybercrime. Crooks hack servers, personal computers, and mobile devices and take advantage of the infected hosts’ CPU or GPU to generate virtual coins without victims’ awareness. Even botnets consisting of numerous zombie machines are now used to perpetrate illegal mining activity on a large scale rather than spew out spam or hit online services [...]

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XEM-friendly Restaurant Relocates from Nagoya to Tokyo

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.Advertisement Japan’s capital Tokyo is now home to crypto-friendly Belgian restaurant St. Arnould. According to The Japan Times, it ran for a length of eight years in the previous city until the owner, Yousuke Sato, decided to move from Nagoya to Akasaka, a Tokyo district in November, 2017. Sato’s Journey in Cryptocurrency Sato was busy running a restaurant famous for its Belgian beers and traditional food items including cheeses and stewed beef [...]

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What to Look for in ICO Terms and Conditions

Peter Khokhlov, Brian Konradi, and Andrei Danilov are lawyers and co-founders of Incremint.io, which is planning a token sale. This article does not constitute legal advice. Terms and conditions (or T&Cs), the timid cousin of the white paper, are an essential part of the makeup of an initial coin offering (ICO). With all the ICO hype, “white paper” has become a household term, boldly presented at the top of the ICO landing page. The terms and conditions, however, are typically [...]

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Gartman Loses Big On Biotech-Turned-Blockchain Stock

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Dennis Gartman, the longtime publisher of an Investment newsletter and television commentator known as the “commodities king” famous for touting blockchain technology while dissing Bitcoin, might be having second thoughts about placing retirement funds in Riot Blockchain Inc. Riot Blockchain lost a third of its value on Feb. 16 following a CNBC report about the biotech-company-turned-blockchain-startup. One Of His Worst Days On Tuesday, Gartman wrote that it was one [...]

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These Firms Are Milking the Cryptocurrency Markets for Astronomical Profits — And You’ve Probably Never Heard of Them

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. What US cryptocurrency-related company makes the highest amount of legal revenue per employee? No, it’s not Coinbase, and — unless you’re particularly tuned into the financial Markets — you’ve probably never heard of it. That’s according to Tim Swanson, founder of tech advisory firm Post Oak Labs. Writing on Twitter, the former R3 executive related a recent exchange in which he was asked this same question. “I know [...]

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FCC: Bitcoin Miner Interfered With T-Mobile Network

The U.S. Federal Communications Commission (FCC) warned a New York City resident this week that his Bitcoin mining hardware was interfering with a broadband network operated by T-Mobile. The FCC issued a “Notification of Harmful Interference” to Victor Rosario, dated Feb. 15, informing him that the Commission received a complaint from T-Mobile regarding interference with its network. It said that through “direction finding techniques,” the FCC Enforcement Bureau determined that the Antminer S5 mining product in his residence was [...]

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