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More Than Money: Bitcoin Blockchain As Global Data Verification System

[ad_1] On the Bitfury blog, Executive Vice Chairman, George Kikvadze, delivers a use-case for the Bitcoin blockchain as a security layer. In an ever digital world, why do we still rely on paper documentation for our most important pieces of information? Many Paper Documents Already Function Digitally Kikvadze highlights the example of an international flight to illustrate the phenomena. Not long ago, this could involve a lengthy interrogation at the
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Dutch Authorities Shut Down Bestmixer

[ad_1] The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer.io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg. Following concerns originally raised by the online security company McAfee in 2018, the FIOD has claimed that the service was used
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Peter Schiff Believes Gov’t Can Shut Down Bitcoin More Easily Than Gold

[ad_1] Veteran gold bug Peter Schiff still thinks gold will win out over Bitcoin – because it is allegedly easier to shut Bitcoin down. Peter Schiff: Bitcoin Won’t See Use If ‘Illegal’ That was one of the conclusions in a wide-ranging debate Schiff had with ‘The Bitcoin Standard’ author Saifedean Ammous on trader Tone Vays’ YouTube channel May 20. A much-anticipated showdown for the cryptocurrency community, Ammous spent 90 minutes
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Bestmixer.io confiscated by Europol

[ad_1] The servers of the mixing platform “Bestmixer.io” were confiscated by the authorities. Now the users of this service are to be explored to reconstruct criminal cash flows. Today, one of the world’s leading providers of cryptocurrency mixing systems has been successfully closed. The “Bestmixer.io” service was operated by the Dutch Fiscal Information and Investigation Service (FIOD) in close collaboration with Europol and the Luxembourg authorities. Bestmixer.io was one of
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7,000 BTC Lost in Hangzhou Scam

[ad_1] This article was originally published by 8btc and written by Vincent He. Nearly 100 victims from various parts of China have reported to the Hangzhou police bureau, claiming that they were deceived by two young men, named Zhou Yi and Li Xiang, who allegedly stole nearly 7,000 bitcoin through exchanging or borrowing. According to the victims, Zhou and Xiang had claimed on the internet that they could exchange bitcoin
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Australian Civil Servant Caught Mining Crypto With Government Hardware

[ad_1] The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. In the release, the AFP states that the unnamed 33-year-old man is an IT contractor with the Australian government, who took advantage of his access to “manipulate programs to use the processing power of the agency’s computer network for cryptocurrency mining.” For his effort,
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MinerGate Review: Introduction to the Crypto Mining Pool

[ad_1] About MinerGate MinerGate was founded by a dedicated group of crypto enthusiasts and it was the first public mining pool that was based on the CryptoNote protocol. It offers a variety of mining services with which users can mine a variety of coins, including Bitcoin. Countries available MinerGate’s services can be accessed and used from all over the world. The platform has currently over 750000 registered users, with a
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Mike Novogratz Sells His Stake in Crypto Startup Block.one for $71 Million

[ad_1] Mike Novogratz’s Galaxy Digital has sold majority of its stake in cryptocurrency startup Block.one for $71 million – a 123 percent gain on its initial investment. Massive Payday for Novogratz’s Galaxy Digital Mike Novogratz’s Galaxy Digital has sold most of its share in Block.one, receiving a $71.2 million payday which amounts to a 123 percent gain on its initial investment. According to Novogratz, the massive returns already earned from
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Cobinhood Cryptocurrency Exchange Declares Bankruptcy

[ad_1] The crypto exchange Cobinhood has filed for bankruptcy, prompting many to believe this move is actually an exit scam. The associated company of Cobinhood, DEXON Foundation, have raised $3.5 million in an ICO sale last month. The company currently laying off its staff and going through restructuration. It has been reported today that Cobinhood allegedly filed for bankruptcy and selected a liquidator that will be in charge of firing
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Bytecoin Forks Paving the Way for Amethyst Upgrades

[ad_1] On Friday May 17, Bytecoin, one of the oldest privacy coins in the crypto space, successfully underwent a scheduled hardfork and poised itself to integrate a number of features and platform improvements that were part of the platform’s Amethyst update. This was a uncontested hardfork, meaning that it was mapped out in advance and intended as a means of refining the Bytecoin platform rather than dividing it. Once 90