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Showing posts with the label May 21

Former Visa CEO Moves to Startup That Uses Cryptocurrency to Process Everyday Payments

“The idea is that cryptocurrency is actually quite difficult today to use as an everyday method of payment. If you were to go to an exchange with your bitcoin or your ether it would probably take you 3 to 7 days to get that money paid out into a normal bank account. What Crypterium will do is make that ... from Google Alert - cryptocurrency https://ift.tt/2IYVDDL via IFTTT https://ift.tt/eA8V8J

Japanese Cryptocurrency Monacoin Hit by Selfish Mining Attack

Between May 13th and 15th, Monacoin, a cryptocurrency developed in Japan, appears to have suffered from a network attack that caused roughly $90,000 in damages. The attack appears to have been a selfish mining attack, where one miner successfully mines a block on the blockchain but does not ... from Google Alert - cryptocurrency https://ift.tt/2IFfXaa via IFTTT https://ift.tt/eA8V8J

Iran and Russia Consider Using Cryptocurrency to Evade US Sanctions: Report

Iran and Russia could turn to cryptocurrency as a solution to evade Western financial sanctions and reduce their dependence on the US dollar. Iran has been struck by a monetary crisis in recent months after its fiat currency, the rial, plunged to historic lows against the US dollar leading up to US ... from Google Alert - cryptocurrency https://ift.tt/2kcvPWN via IFTTT https://ift.tt/eA8V8J

Regulators Crack Down on Crypto Scams via 'Operation Crypto-Sweep'

Securities regulators across the United States and Canada are getting serious about cracking down on cryptocurrency scams. During an event hosted by the North American Securities Administrators Association (NASAA), regulators announced dozens of investigations into potentially fraudulent ... from Google Alert - cryptocurrency https://ift.tt/2s1hXT2 via IFTTT https://ift.tt/eA8V8J

State regulators launch 'Operation Crypto-Sweep' to police cryptocurrency investment schemes

Regulators in the U.S. and Canada are launching a widespread crackdown on some cryptocurrency investment schemes, members of the North American Securities Administrators Association said Monday. More than 40 state and provincial watchdogs are participating in "Operation Crypto-Sweep," ... from Google Alert - cryptocurrency https://ift.tt/2KIg2dG via IFTTT https://ift.tt/eA8V8J

Bank of Tokyo-Mitsubishi likely to launch own cryptocurrency in 2019

It has been hinted at since 2016, but today Bank of Tokyo-Mitsubishi confirmed that is is on track to launching its own cryptocurrency by 2019, following a statement confirming its crypto project and that it continues to research blockchain, according to Japan's media outlet NHK, with a pilot programme ... from Google Alert - cryptocurrency https://ift.tt/2LlI6o6 via IFTTT https://ift.tt/eA8V8J

US and Canadian regulators open probes into cryptocurrency scams

Officials said there will be additional enforcement actions to come against companies looking to defraud cryptocurrency investors. ... The move by state regulators to crack down on cryptocurrency scams comes amid growing attention to virtual currencies by federal regulators, including the Securities and ... from Google Alert - cryptocurrency https://ift.tt/2KIfwMM via IFTTT https://ift.tt/eA8V8J