EXCHANGES

New York Tries to Ban Paying Bitcoin Ransomware Attackers

[ad_1] New York state senators have drafted two bills this month that propose a ban on paying ransomware attackers with tax-payers money.  New York Refuses to Negotiate with Criminals In April of 2017, the National Security Agency (NSA) was hacked by an unidentified team of hackers who called themselves the Shadow Brokers. The Shadow Brokers were able to steal all the NSA’s top secret hacking tools, including zero-day exploits, and
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Governments and Enterprises Can’t Get Enough of Blockchain

[ad_1] Governments have long been wary of Bitcoin, while expressing admiration for its innovative ledger system. This trend can be traced back till 2014, when the “blockchain not bitcoin” mantra was coined. Six years on and that sentiment is being backed by action as governments and businesses the world over commission blockchain initiatives. Are these entities genuinely bullish on blockchain? Or are they simply trying to stay relevant and capitalize
EXCHANGES

Bitcoin Lightning Torch #2 Has Been Stolen 4 Times Already

[ad_1] The second iteration of the famous Bitcoin Lightning Torch has not been as successful as its first go-around last year. In just 8 days, the torch has already been stolen 4 times by dishonest participants. Your Bitcoin can easily be taken if you send it to a thief Bitcoin’s second Lightning Torch has been stolen 4 times by various pseudonymous Twitter members with an interest in Bitcoin. The Lightning
BLOCKCHAIN

China’s BTC Volume on LocalBitcoins Hits 2-Year Low

[ad_1] China’s Bitcoin (BTC) trading volumes have continued to drop, hitting a two-year low on peer-to-peer exchange LocalBitcoins.According to Bitcoin statistics website Coin Dance, China’s BTC trading volumes have been gradually dropping from late 2019 to the present, touching to their lowest weekly volume in more than two years.During the week ending on Jan. 25, China traded just about 4.5 million yuan ($648,000) on LocalBitcoins, down over 90% from the
BLOCKCHAIN

Payments Startup Raises $80M From SBI Group, Visa Invest and Others

[ad_1] Cross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors.Per a Jan. 27 press release, London-based Currencycloud secured $80 million from SBI Group, Visa, International Finance Corporation, BNP Paribas and Siam Commercial Bank. Following the investment, Colleen Ostrowski, senior vice president and treasurer of Visa Inc, will join the board of Currencycloud.By its own account, the startup — which provides embedded B2B
Business

Former Bakkt CEO and Current Senator Loeffler Delays Disclosing Assets

[ad_1] The clock is ticking on former Bakkt CEO senator Kelly Loeffler’s Financial Disclosure Report, with ethics watchdogs on guard. Senator files extensionLoeffler filed an extension that would give her until May 5 to submit her Financial Disclosure Report. The report, which all officials are required to submit, airs potential conflicts of interest by identifying asset holdings. In the case of Loeffler, these are presumed to be substantial.Craig Holman, an ethics
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Why is Bitcoin Usability Still So Bad a Decade Later?

[ad_1] New technology takes time to filter down to the masses but even after ten years, bitcoin still remains largely user-unfriendly for most. There could be a number of reasons why. Over ten years after it was conceived, bitcoin is still primarily used as a vehicle for speculation rather than a decentralized peer-to-peer currency as was originally envisioned. There could be a number of reasons for this slow adoption curve
BLOCKCHAIN

Israeli Regulators Request Feedback to Foster Blockchain Innovation

[ad_1] The Israeli Securities Authority (ISA) has issued a Jan. 20 Request For Information to identify potential regulations that prevent the development of blockchain-based ventures in the country. In addition, the regulator seeks to find out the practical applications of Digital Ledger Technology (DLT).As Israel’s financial watchdog, the ISA formed a committee to promote the development of the blockchain industry in the country. The regulator focused on platforms that issue
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Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan

[ad_1] Last Wednesday, the founder of the mining operation Btc.top announced a proposal that would fund Bitcoin Cash (BCH) development over the course of six months. Over the last five days, the funding plan has been the most dominant conversation within the BCH ecosystem, as supporters debate the merits of the miner’s proposal. This week, BCH community members heard from the developer Imaginary Username, Bitcoin Unlimited’s Peter Rizun, and an