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Thursday, February 1, 2018

CryptoCurrency News: Bee Token ICO Stung by $1 Million Phishing Scam



Due to a phishing scam, investors in the Bee Token ICO have actually sent nearly $1 million to malicious actors instead.

via CoinDesk

CryptoCurrency News: UPS Might Be Making a Locker That Accepts Bitcoin



A new patent application filed by UPS indicates that bitcoin could be used as a payment system.

via CoinDesk

CryptoCurrency News: Crypto Cleanup Crew? New Law Practice Focuses on Resolving Messes



Stephen Palley's team will work on mediating disputes and what people in the traditional finance world call "workouts" – fixing distressed situations.

via CoinDesk

CryptoCurrency News: SPECTRE Creators Propose 'PHANTOM' Blockchain Protocol



The researchers behind the SPECTRE project have developed another blockchain scaling solution called the PHANTOM protocol.

via CoinDesk

CryptoCurrency News: 2-Month Low: Bitcoin Price Drops Below $9K



The price of bitcoin has fallen below $9,000 for the first time in two months, representing a decline of roughly 11% on the day.

via CoinDesk

CryptoCurrency News: India's Finance Minister Strikes Stern Tone on Cryptos in Budget Speech



During his annual budget speech, Indian finance minister Arun Jaitley confirmed his position that cryptocurrencies are not legal tender.

via CoinDesk

CryptoCurrency News: Samsung Confirms It's Now Making Cryptocurrency Mining Chips



Samsung has confirmed it is now manufacturing cryptocurrency mining chips after reports earlier this week.

via CoinDesk

CryptoCurrency News: Back at $1: Ripple's XRP Retreats Amid Market Sell-off



Down to a two-week low, Ripple's XRP token is taking a beating amid a broad losses across the cryptocurrency markets.

via CoinDesk

CryptoCurrency News: Illinois Eyes Blockchain for IDs and Public Asset Management



An Illinois government task force is eyeing blockchain tech in the management of state citizens' identification and tokenizing public sector assets.

via CoinDesk

CryptoCurrency News: When Crypto Exchanges Hold More Than Your Money



Regulators want cryptocurrency exchanges to know who their customers are – but that requires these companies to collect very sensitive information.

via CoinDesk

CryptoCurrency News: Bitcoin Sinks Below $10k After $133 Billion January Loss



Bitcoin has seen huge loses since early January, and may drop below $9,000 if the bulls don't take charge.

via CoinDesk

CryptoCurrency News: Cloud Network Xunlei Hit By Class Actions Over ICO Activity



China-based cloud content delivery network Xunlei has been hit by two class action suits over alleged illegal ICO activity.

via CoinDesk

CryptoCurrency News: China's Cheetah Mobile Launches Cryptocurrency Wallet



Chinese mobile app company Cheetah Mobile has released an Android-based digital wallet for ethereum and bitcoin.

via CoinDesk

CryptoCurrency News: Alt-Right ICO? Social Network Gab to Sell $10M in Tokens



A controversial social network seeks funding via an ICO to develop its platform for those disaffected by today's social media monopoly.

via CoinDesk

CryptoCurrency News: Cambridge Blockchain, IHS Markit Ink KYC Partnership



Cambridge Blockchain has partnered with IHS Markit to help financial institutions resolve compliance issues relating to know-your-customer information

via CoinDesk

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