News about Bitcoin, ICO, Blockchain Technology, investment, mining
Grant West: Hacker ordered to pay back almost £1m in cryptocurrency
A hacker who carried out cyber attacks on dozens of firms including Sainsbury's and Uber while living at a caravan park in Kent has been ordered to pay back more than £900,000 in cryptocurrency he had stashed away.
Expert: There are too few interesting projects on IEO market
“Initial Exchange Offering (IEO) is losing popularity as few interesting projects appear on the market,”claims EXANTE analyst Viktor Argonov in his comment for LetKnow.News.
WhatsApp in talks to launch mobile payments in Indonesia
Facebook Inc’s (FB.O) messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation’s fast growing e-commerce sector, people familiar with the matter said.
Challenger bank Revolut made some major changes to personnel on Friday.
The London-based firm, which now has over 5 million customers, confirmed that Wolfgang Bardorf has been appointed treasurer.
Vitalik Buterin: “More Pessimistic” About Scaling Through Second Layers
Vitalik Buterin, the ethereum co-founder and its most prominent developer, has publicly stated he is becoming a bit pessimistic about scaling through second layer networks like the Lightning Network (LN) or the still in development eth version called Plasma.
20% of Turks Use or Own Cryptocurrencies, Report Says
A survey by a German data firm suggests that Turkey is one of the world's biggest adopters of cryptocurrencies despite the country having no legal framework for trading such assets.
UK High Court ruling over $1 million hack implies Bitcoin is "property"
As the British High Court grapple with whether Bitcoin counts as legal property, a court has treated it as such in a million-dollar court case.
Xendpay Joins RippleNet to Open Up New Payment Corridors to Four Asian Countries
Ripple has announced that Xendpay, a rather unique UK-based international money transfer firm, has joined RippleNet in order to open up "new corridors" to Bangladesh, Malaysia, Philippines, Vietnam, and Indonesia, as well as to enable "real-time payment rails to Thailand."
Overstock shares surge after CEO Patrick Byrne quits
Overstock.com’s stock surged 9% on Thursday after Chief Executive Officer Patrick Byrne resigned, saying distraction and fallout related to his involvement in a Federal Bureau of Investigation Russian espionage probe made it difficult for him to lead the online retailer.
Rwandan Central Bank Studying Ways of Issuing Digital Currency
The Rwandan central bank is looking into ways it could potentially issue its own digital currency to make the processing of transactions more efficient and to boost economic growth.
OPSkins Group and WAX Summoned to California Court Over 2017 ICO
The United States District Court for the Central District of California has issued a summons to video game virtual goods company OPSkins Group and Worldwide Asset eXchange (WAX) in response to a complaint filed by Crypto Asset Fund.
Just In: Japanese exchange Zaif moving to FISCO as Tech Bureau shuts shop
Tech Bureau is going out of business and Zaif will see an operational shift. The Japanese cryptocurrency exchange, Zaif, will see its operator switch from Tech Bureau to FISCO virtual currency exchange, according to an announcement made on August 22.
Bitcoin Fear & Greed Plunges to Lowest Value as BTC Loses $10,000: Bounce Incoming?
Just 72 hours ago, Bitcoin investors were bullish. After remaining in the low-$10,000s for a number of days, the cryptocurrency suddenly broke out, moving past key resistances. It even tapped $11,000 after a surge of buying pressure.
The expert told how to secure the crypto industry
“The cryptocurrency industry in the future may create an organisation that will protect cryptocurrency users from fraudulent projects,” says cryptocurrency expert Vadim Popov in his comment for LetKnow.News.
Expert: Blockchain can replace observers in elections
“Electronic voting is a very sensitive issue requiring trust that the blockchain can provide,” says Roman Aleshkin, the head of the blockchain project Polys from Kaspersky Lab accelerator Kaspersky Lab, in his interview for LetKnow.News.
White House Advisory Says Cryptocurrencies Used for Fentanyl Purchases
The White House issued two advisories on drug purchases in the U.S. Wednesday, using the communications to make specific references to the role of cryptocurrencies in such transactions.
Cryptopia Liquidation: Hacked Bitcoin Exchange Didn’t Use Individual Customer Wallets
According to a statement released on its website on Wednesday (August 21, 2019), Cryptopia didn’t use individual crypto wallets. Instead, the Bitcoin exchange platform pooled customer funds into co-mingled coin wallets.
Casa introduces incentive features to encourage regular maintenance of bitcoin nodes
Bitcoin custody startup Casa wants its users to regularly check up on the status of their bitcoin nodes. On Tuesday, the startup announced the launch of Node Heartbeats, a new feature to "privately, quickly and securely check that your Casa Node is working properly."
Blockchain Firm tZERO Adds Ravencoin to Supported Cryptocurrencies
Blockchain company tZERO added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZERO Crypto cryptocurrency wallet and trading app.
Japan's Largest Gift Card Exchange Pioneers Blockchain Expansion
Amaten, the largest gift card exchange platform in Japan with $110 MM annual revenue has officially announced its plans to expand the current operation using blockchain.
Facebook Libra Already Facing an EU Antitrust Probe: Report
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.
Tether Plans to Issue CNHT — A Chinese Yuan-Pegged Stablecoin
Stablecoin operator Tether plans to issue a Chinese yuan-backed stablecoin, local industry media ChainNews reports on Aug. 21.
Argo: New Agreement Signed to Expand Power Capacity by 357%
Argo, a UK-based provider of enterprise scale cryptocurrency mining services (LSE: ARB), is pleased to announce it has entered into a new agreement that will increase its electricity supply by 357 per cent.
Saudi Arabia Warns of Crypto Scammers Posing as Gov’t Projects
Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects.
South Korea’s Woori Financial Teams up with Kakao’s Crypto Payments Group
Woori Financial Group, one of South Korea’s largest banking companies, has agreed to work with Ground X in developing blockchain financial services.
Bitcoin Price ‘Will Struggle’ in Big Financial Crisis, Says Investor
Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view of how BTC price will play out with respect to various economic events.
Paxful founder makes wild proposal to destroy Satoshi Nakamoto's Bitcoin
Paxful CEO Ray Youssef puts forward a radical idea to quell discussion over Satoshi Nakamoto once and for all.
Austrian Telecommunications Giant to Accept Cryptocurrency
One of the largest mobile providers in Austria is planning to accept cryptocurrency for payment at certain store locations.
The end of the initial exchange offering is nigh
A recent report by TokenInsight says that Initial Exchange Offerings, which are definitely not like the 2017 ICO craze in any way, are falling out of favor.
Crypto forefather David Chaum issues new digital currency, intended as a paradigm shift from bitcoin
Cryptocurrency pioneer David Chaum is reviving his original vision of digital cash. The famed cryptographer is issuing a new digital currency, Praxxis, that has the security, speed, and scalability to grow into a replacement of physical cash, Chaum said in an interview with The Block.
Expert: AI will greatly change almost all areas of life
Many people understand and believe in the enormous potential of artificial intelligence and therefore willingly invest in it. That was mentioned in a comment for LetKnow.News by the head of the analytics department at CryptoRank.io Maxim Korkodinov.
Expert: Online voting will solve the issue of buying votes
“Online voting can solve a number of issues and problems that are inherent in the usual “paper” voting,” stated Roman Aleshkin, the head of the Polys blockchain project from Kaspersky Lab’s accelerator, in an interview for LetKnow.News.
Roman Aleshkin: Blockchain in government services will ensure trust between state and citizens
Interview with co-Founder of ICON Min Kim
Dmitry Plakhov: Banks deny cryptocurrencies because of the anarchist statements of crypto-enthusiasts
Blockchain vs AI: who will win the battle for venture money
AITRADECOIN - an ai-integrated trading revolution
Five reasons why the bitcoin wealth distribution is skewed