Category Archive for: news

Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam

A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand – one that drew public attention due to the alleged involvement of a Thai film actor. According to a media report from Bangkok Post on Monday, a group approached and solicited Finnish businessman Aarni Otava Saarimaa in June 2017 over…

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World Bank Taps Australia’s CommBank to Issue Its First Blockchain Bond

The World Bank Group has partnered with the Commonwealth Bank of Australia (CommBank) to issue a bond over a blockchain. CommBank, one of the “Big Four” commercial banks in Australia, said in a release on Friday that it had won a mandate from the World Bank to arrange the issuance of the bond, which will be created,…

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Australia Could See First Solar-Powered Bitcoin Mining Farm in Coal Town

An Australian data center operator and its cryptocurrency subsidiary are developing what they describe as the country’s first “behind-the-grid data center” powered by renewable energy. Situated in the coal-mining town of Collie, some 200km south of Perth, the new facility is being developed by data center operator DC Two and subsidiary D Coin and will…

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Ohio Becomes Latest US State to Legally Recognize Blockchain Data

Ohio has become the latest U.S. state to legally recognize data stored and transacted on blockchain. The news comes after lawmakers from the state introduced a bill in May that sought to treat blockchain data and smart contracts as electronic records in a bid to provide safe harbor for the emerging technology. Part of the wording from…

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Here Is How Blockchain Will Help to Explore Space

Space is an area that has been historically researched by few governments, being a complex matter that requires thorough, high-class research and, therefore, substantial funding. More recently, with the emerging popularity of audacious startups like SpaceX, space exploration has become a less exclusive area. Now, however, it seems that the cryptocurrencies’ primary features — blockchain,…

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Tickets Now On Sale for San Francisco’s First ‘Blockchain Music Festival’

Tickets for the first music festival set to be powered by blockchain technology are now on sale. Scheduled for this fall, the Our Music Festival is launching its own virtual currency — the OMF token — at its inaugural event in San Francisco’s Civic Center Plaza. It will be the first musical entertainment experience to process booking…

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Ruby, A Cryptocurrency Exchange Using 100% Cold Wallets, Is Opening its Beta

The cryptocurrency market has seen some bad conditions which partly resulted from CoinRail and Bithumb hacks this year. While there is a growing concern over the safety of cryptocurrency exchanges mushrooming all over the world, Ruby-x has introduced itself as a whole new level of cryptocurrency exchange and announced that its beta service will finally…

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Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”

  20-Year-Old Arrested For Part in Theft of $5 Million in Crypto It has been reported that on the 12th of July, Californian police arrested a college student accused of being part of a group of criminals responsible for the theft of more than $5 million in cryptocurrencies. Mr. Ortiz was reportedly arrested at Los Angeles International…

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HTC Says Its Crypto-Friendly Smartphone Will Support Litecoin

HTC’s new blockchain-compatible smartphone will support litecoin, creator Charlie Lee said Sunday. Lee announced the news Sunday, adding that he was joining the development team of the HTC Exodus as an advisor. The news comes days after Lee claimed he met with the Exodus’ team last week. Lee further confirmed that the Exodus will support the Lightning…

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Top 6 Tips to Secure your Wallet from Hackers

In the early July, it was reported that Bleeping Computer detected suspicious activity targeted at defrauding 2.3 million Bitcoin wallets, which they found to be under threat of being hacked. The attackers used malware — known as “clipboard hijackers” — which operates in the clipboard and can potentially replace the copied wallet address with one of the…

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