Goldmoney Launches Ether and Bitcoin Cash Cold Storage

As cryptocurrency investing is becoming more mainstream, it keeps attracting wealthier and more cautious established players. To answer the need for enhanced security by such investors, one of the biggest names in the gold business, Goldmoney, has now expanded its bitcoin cold storage service to include ethereum and bitcoin cash. Also Read: Las Vegas Strippers … Read more

Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia

The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy … Read more

Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs

Over 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk from poorly coded smart contracts … Read more

Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private … Read more

Crypto All Stars Controversy Sparks Conflict Between Founders

Merely one week after a conflict between the founders of MyEtherWallet led the popular Ethereum wallet application to split into MyEtherWallet and MyCrypto, the founders of another massively popular decentralized application, Crypto All Stars, have engaged in a conflict, confusing the supporters and users of the application. On Sunday, Crypto Randy Marsh, one of the … Read more

Dubai Issues License to Cryptocurrency Firm

The largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Attracting Crypto Businesses … Read more

Japan’s DMM Launches Large-Scale Domestic Cryptocurrency Mining Farm and Showroom

Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies DMM’s Mining Farm in Japan … Read more

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Also read: Japan’s DMM Bitcoin Exchange Opens for … Read more

Myetherwallet Relaunches as Mycrypto Following a Hostile Twitter Takeover

Myetherwallet, the web’s most popular client-side ethereum interface, has announced a surprise rebrand. The service will henceforth be known as Mycrypto following an acrimonious split. The sudden move took one half of the Myetherwallet team by surprise, who claims the “Twitter handle was changed without knowledge or permission of MEW’s founder”. It has also emerged … Read more

Hong Kong Cracks Down on Securities Tokens – 7 Crypto Exchanges Targeted

The Hong Kong Securities and Futures Commission has sent letters to seven cryptocurrency exchanges regarding their listings of securities tokens without a license. Most of the exchanges took immediate rectification measures, including removing problematic cryptocurrencies from their platforms. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Hong Kong Takes Action The Hong … Read more