ISIS Used Bitcoin to Fund Attack on Christian Church in Sri Lanka The Israeli blockchain analysis company Whitestream has found suspicious transactions on CoinPayments. CoinPayments converts cryptocurrencies into Dollar. The service’s volume went up significantly prior to the Easter bombings. Cited from Globes, Whitestream found out that “[o]n April 20, the day before the Easter […]
ISIS Used Bitcoin to Fund Attack on Christian Church in Sri Lanka The Israeli blockchain analysis company Whitestream has found suspicious transactions on CoinPayments. CoinPayments converts cryptocurrencies into Dollar. The service’s volume went up significantly prior to the Easter bombings. Cited from Globes, Whitestream found out that “[o]n April 20, the day before the Easter […]
Hyundai Develops Blockchain & Will Create Token Economy Hyundai AutoEver, a subsidy of Hyundai, has partnered with two blockchain companies to develop its own blockchain. According to “The Block Crypto”, the blockchain will track the history of used cars as well as the performance of cars. However, the press release of Hyundai states that the […]
Vitalik Buterin Suggested Raising Staking Reward on Ethereum The founder of Ethereum proposed on Github to raise the reward for staking on Ethereum. Staking is a part of the Proof-of-Stake (PoS) concept. An alternative to the standard transaction validation process Proof-of-Work. In PoS the so-called stakers receive a reward for depositing Ethereum, the stake. A […]
The Mitsubishi UFJ Financial Group (MUFG) has announced that it will launch a stablecoin this year. As reported by Cointelegraph Japan, the banking group will release the MUFG Coin later this year. Stablecoin With Yen 1:1 Yen Backing MUFG is the largest financial group in Japan and will likely be the first Japanese bank to […]
DoS-Attack on Electrum Still On-Going? – Damage in Millions A network of about 140,000 Bots conducts DoS attacks on the popular Bitcoin wallet Electrum for 48 hours. News outlets have indicated that the damage amounts to several million US-Dollar. Electrum still has not given an all-clear. The attack seems to be still on-going. The attack […]
Bitpanda Receives License In Austria Bitpanda has received an official license as a payment service provider in Austria. The crypto exchange announced that it received the license from the financial market authorities Austrian (Finanzmarktaufsicht Österreich; FMA). An important step for the Austrian exchange to expand its business into adjacent sectors. Swedish Exchange Offers First LTC […]
Bithumb Announces 50% Staff-Layoff Bithumb has announced that it is going to layoff a proportion of its staff as high as 50%. Currently, the company’s staff consists of 310 persons. The layoff will reduce this number to a personnel of about 150. The exchange has to react to falling trading volume that is affecting the […]
Japan’s Mizuho Bank Is Not Launching A Cryptocurrency Japan’s Mizuho bank will not launch a Cryptocurrency or stable coin as many crypto news outlets including coinrevolution.com have reported earlier this week. Instead, Mizuho is going to launch a digital currency that ressembles xxx alipay or wechats currency model. Although the Japanese Bank is going to […]
Canadian Court Grants Quadriga CX Creditor Protection The Canadian court has granted QuadrigaCX two of its requests. Jennifer Robertson asked for both in an affidavit a week ago. Robertson is the wife of the deceased Gerald Cotten and one of the two court-appointed directors of QuadrigaCX. The first request was to extend the creditor protection […]
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