According to TrustNodes, anger is in the air in South Korea after a shambolic episode started by Justice Minister Park Sang-ki who told a press conference in no unclear terms: “The ministry is preparing legislation that basically bans any transactions based on a virtual currency through the trading floor. We have grave concerns about (the craze over) […] More

In a recent post, Mark Zuckerberg said he wants to analyze cryptocurrency to see how it can be used on facebook. Mark also said that „he wants to give people the power” and he believes „in a decentralizing force”. Mark Zuckerberg’s full statement: (…) one of the most interesting questions in technology right now is […] More

Current web service providers limit organization accounts to only support a single owner who is granted unlimited access to add and remove users and manage the account and all resources. We see this in services like Github, Stripe, Heroku and thousands more. This kind of account or organization structure cannot work for future decentralized organizations […] More

The Commodity Futures Trading Commission (CFTC) is not the hero investors asked for, but it’s the one they got when Chairman J. Christopher Giancarlo testified before the Senate Banking Committee. Giancarlo struck a bullish tone on cryptocurrencies, saying that regulators should “do no harm” to private sector innovation. He presented himself and his colleague, SEC […] More

Litecoin is the second-most popular cryptocurrency among vendors that operate on the Dark Web, according to recent research. Recorded Future analyzed 150 message boards, marketplaces and illicit services on the Dark Web and determined that 30 percent of these vendors currently accept Litecoin as an alternative payment system. Not far behind is Dash, another form of […] More

UAE Exchange has become the latest money transfer brand to join the RippleNet network to speed up the processing of remittance transfers across the Middle East and Asia. Headquartered in Abu Dhabi, UAE Exchange has more than 9,000 employees in over 40 countries, with particular emphasis on India where over 40% of its offices and […] More

According to CCN, a high ranking European Union official has dismissed suggestions of the EU looking at regulating bitcoin markets and exchanges. In an interview with Bloomberg, Pierre Moscovici – European Union Commissioner for economic, financial affairs, taxation and customs, played down talk of supposed EU-wide bitcoin regulations while revealing the EU’s view of the cryptocurrency. […] More