Blockchain, virtual goods and £80,000 cartoon cats: The strange world of CryptoKitties

$25million (£19m) worth of cartoon cats have now been bought and sold. It is hard to believe that cats existed before the internet. They were the original memes , way back when only Richard Dawkins knew what a meme was. Cats are internet gold because they resemble the people who spend a lot of time online: you only see
| News |

HTC launches first blockchain phone

HTC announced the launch first major blockchain phone – the Exodus and expand the blockchain ecosystem by creating the world’s first phone dedicated to decentralized applications and security. With the release of the HTC Exodus, which includes an all-important cold storage wallet, we can now make this a reality. “In the new internet age people are generally more conscious about their data, this a perfect opportunity to empower the user to start owning their digital identity. The Exodus is a great
| News ,Smartphones ,Animoca |

Major South Korean Exchange Reportedly Hacked, Bitcoin's Price Takes Nosedive

As with the recent Coinrail exchange hack case, multiple digital currencies, including Bitcoin, have seen notable drops in their value in the face of the news. Coinrail allegedly lost roughly the same amount of money as Bithumb.
| Tech |

Turkish cryptocurrency Turcoin revealed as ‘Ponzi scheme’

Turcoin, which was presented as Turkey’s “national” alternative digital currency, has been revealed as a Ponzi scheme after its founders disappeared with millions of dollars.
| Economy |

South Korea to Impose Stricter Regulation of Cryptocurrency Exchanges

The news comes hot on the heels of the exchange Coinrail being hacked and losing 30% of the coins traded on it. Japan earlier also adopted stricter laws regulating the cryptocurrency market following a series of exchange hacks.
| Tech |

Bitcoin Price Takes Nosedive as S Korean Exchange Loses 30% of Coins in Hack

There were numerous hacker attacks on cryptocurrency exchanges throughout the past year. Each time these hacks led to a decrease in value not only of the coins stolen, but of cyptocurrencies as a whole.
| Tech |

Huobi Group to invest $100 million in new public blockchain

BEIJING: China’s Huobi Group, a global financial services provider, announced on Wednesday it is investing $100 million, or 20 million of its tokens, to build a public blockchain. Blockchain, the system powering cryptocurrencies like bitcoin, is a shared database that is maintained by a network of computers connected to the internet. Bitcoin, Ethereum, and most major alternative coins are examples of public blockchains.
| BUSINESS |

Quebec's Flip-Flop Policy on Cryptocurrency Mining Takes Another Turn

The Canadian province became a haven for cryptominers due to its cheap electricity, generated by the numerous hydroelectric power stations there. However, the influx of miners started to overload the power grid, leading to a ban on cryptomining in March 2018.
| Tech |

South Africa kidnappers demand ransom in bitcoin to free teenager

A criminal gang in South Africa who kidnapped a teenage boy on Sunday are demanding a ransom in bitcoin crytocurrency of nearly $120,000, police said. Katlego Marite, 13, was dragged into a car while playing with two friends near his home in Witbank, a town in the eastern province of Mpumalanga, on Sunday afternoon, police spokesman Leonard Hlathi said. “They demanded that the family should deposit a sum of 15 bitcoins, not in rands,” he told news channel eNCA.
| News |

Dubai-based crypto exchange BitOasis to suspend dirham transactions amid issues with local banks

BitOasis, the leading digital asset exchange of United Arab Emirates that allows customers to buy different cryptocurrencies including Bitcoin and Ripple is suspending dirham deposits and withdrawals from 4th June onwards. The company had announced the decision last week in an email sent to its users, giving them 24 hours to complete any dirham transaction […] The post Dubai-based crypto exchange BitOasis to suspend dirham transactions amid issues with local banks appeared first on MENAbytes .
| News ,Technology ,Crypto |

Floating Island in Polynesia to Have Green Tech, Its Own Cryptocurrency (PHOTO)

They say a rising tide lifts all boats, but with climate change upon us, many are wondering if that could include cities as well. Eat your heart out, Kevin Costner, because a real Water World is being built in the South Pacific.
| Tech |

Canaan IPO puts Hong Kong at centre of blockchain world

The Chinese chipmaker plans to raise $1 billion with a HKEX listing, as the industry moves from murky ICOs to a more regulator-compliant environment The post Canaan IPO puts Hong Kong at centre of blockchain world appeared first on Asia Times .
| Canaan ,Bitcoin mining ,HSBC |

Is blockchain the answer that Africa needs?

Conversations about blockchain have grown louder and louder in recent months sending ripples across the continent. About two years back when cryptocurrency started gaining fame on the continent, state financial institutions were quick to strongly warn their citizens against making investments. In fact this week, Zimbabwe effected a ban against cryptocurrency. But elsewhere on the continent, leaders in government and influential figures are now at the forefront of blockchain intergration. So what changed in such a short time?
| News |

Goldman-backed startup to launch dollar-based token

Circle Internet Financial also gets investment from the world's biggest Bitcoin miner, Beijing-based Bitmain, to launch the USD Coin The post Goldman-backed startup to launch dollar-based token appeared first on Asia Times .
| Circle ,Bitmain ,stablecoins |

For real royal tradition, look to crowd's taste in wedding souvenirs

Limited edition package of Crown Jewels Condoms? Wedding-themed cryptocurrency? Giant Harry and Meghan dolls? They're all on offer. But who's buying them?
| News |

Zimbabwe bans banks from processing payments for cryptocurrencies

Zimbabwe’s central bank has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin, its governor said on Monday, but stopped short of banning local cryptocurrency trading exchanges. In the southern African nation, those who trade in bitcoin say it offers rare protection as their bank deposits lose value almost by the day while others use it to fund family members studying abroad or purchase goods online. On Golix.com, the largest of only two trading platforms for
| News |

Facebook Mulls Own Digital Currency – Reports

Facebook considers creating a cryptocurrency to be used for transactions between billions of its users, US media reported, citing anonymous sources privy to the matter.
| Tech |

How rogue states learned to stop worrying and love Bitcoin

Iran, Venezuela and supposedly North Korea have all tried to turn to crypto-currencies to side-step US sanctions, with varying degrees of success The post How rogue states learned to stop worrying and love Bitcoin appeared first on Asia Times .
| crypto-currency trading ,Economic Sanctions ,Iran |

Pakistani crypto PakCoin up by 60% despite central bank ban

PakCoin founder 'Abu Shaheer' believes the move worked in the currency’s favor by exposing its name, so "more people got interested in it" The post Pakistani crypto PakCoin up by 60% despite central bank ban appeared first on Asia Times .
| South Asia ,Pakistan ,Cryptocurrency |

Secret Offline Bitcoin Vault Found in Swiss Mountains

The Bitcoin cryptocurrency saw a sharp rise in both price and interest from investors in the beginning of 2017, with its value soaring to above $25,000 per coin. 2018 was not as good of a year, with the cryptocurrency losing over 50% of its value in January.
| Tech |

Buffett the Bitcoin slayer meets crypto Wolves of Wall Street

The Oracle of Omaha compares Bitcoin trading to 'rat poison,' while New York investment heavyweights launch crypto trading platforms. So who is right? The post Buffett the Bitcoin slayer meets crypto Wolves of Wall Street appeared first on Asia Times .
| Wall Street ,crypto-currency trading ,Bitcoin |

The media and the murky world of Chinese Bitcoin mining

The story that stolen Icelandic computers may be in China was bigger in crypto media than a major mining operator manipulating the Bitcoin market The post The media and the murky world of Chinese Bitcoin mining appeared first on Asia Times .
| China ,crypto-currency mining ,Antpool |

Bitcoin banknotes in Singapore as S Korea eases crypto stance

The Southeast Asian city-state and Seoul look to be joining Japan with an open-door policy for crypto-currency investment, trading and use The post Bitcoin banknotes in Singapore as S Korea eases crypto stance appeared first on Asia Times .
| Tangem ,Bitcoin banknotes ,Singapore |

Sakarya University servers ‘used for cryptomining’

Computer servers of Sakarya University, a public research university located in the city of Adapazarı, the capital of the western province of Sakarya, have allegedly been used to mine cryptocurrency, daily Habertürk reported on May 7.
| Turkey |

Thai Government measures sending crypto industry underground

Insider says new tax framework will drive Bitcoin traders to Singapore and Hong Kong or transactions will simply disappear from regulatory view The post Thai Government measures sending crypto industry underground appeared first on Asia Times .
| Thailand ,crypto-currency exchanges ,The Chain |

Goldman Sachs to open a bitcoin trading operation

But Goldman Sachs is bucking the risks and moving ahead with plans to set up what appears to be the first bitcoin trading operation at a Wall Street bank
| News |

Billionaire Thiel backs big-sum Bitcoin trading platform

The entrepreneur's fund has invested in the Tagomi System which aims to be the crypto version of an online brokerage on behalf of wealthy individuals The post Billionaire Thiel backs big-sum Bitcoin trading platform appeared first on Asia Times .
| Peter Thiel ,crypto-currency exchanges ,Tagomi |

Cryptocurrency boom is over with conditions 'returning to normal', trading firm Plus500 says

Online trading platform Plus500 said the huge boom in interest around cryptocurrencies has subsided and that the market had returned to more "normal" conditions.
| News |

Buffett again dismisses ‘speculative’ Bitcoin market

The 'Oracle of Omaha' says crypto-currency trading is based on gambling and the hope that 'somebody else will come along and pay more money tomorrow' The post Buffett again dismisses ‘speculative’ Bitcoin market appeared first on Asia Times .
| Investors ,Bitcoin ,Warren Buffett |

UNICEF Opts for Cryptocurrency Mining From Netizens' Computers for Fundraising

It’s widely accepted that using somebody else’s computing power to mine cryptocurrencies is dubious, but UNICEF Australia appears to be doing so with good intentions.
| Tech |

How to watch out for Cryptocurrency scams on Android

Written by Lukas Stefanko, Malware Researcher at ESET The recent rise in cryptocurrency scams appearing on the Android platform in disguise has shown that such incidents are not exclusive to PCs and also highlight the importance of knowing what to look out for so you do not unintentionally take part. The growing prices and popularity of cryptocurrencies don’t just attract masses of potential users, but also inspire cyber-crooks to find new and creative ways to get their sticky fingers on
| How To’s ,Android ,cryptocurrency |

How to watch out for Cryptocurrency scams

Guest written by Lukas Stefanko, Malware Researcher at ESET explaining the how important to know what to watch out for cryptocurrency scams on Android platform The recent rise in cryptocurrency scams appearing on the Android platform in disguise has shown that such incidents are not exclusive to PCs and also highlight the importance of knowing what to look out for so you do not unintentionally take part. The growing prices and popularity of cryptocurrencies don’t just attract masses of potential users,
| How To’s ,Android ,cryptocurrency |

Death Metal Audio Alert to Mark Bitcoin Price Moves Is New Distress Signal

Gilfoyle, a character from HBO's Silicon Valley TV program, revealed in a recent episode of the much-hyped series that he mines bitcoins, but only if the venture yields a profit.
| Tech |

Bitcoin frenzy settles down as big players muscle into market

After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a period of relatively boring stability, experts say.
| Economy |

Bitcoin will replace gold and soar in price to $700,000, says major investor

The entire bitcoin network could one day be worth more than $6 trillion, according to a partner at Pfeffer Capital – but other cryptocurrencies are doomed
| News |

Taiwan tightening crypto laws amid money laundering fears

Taipei had been taking a neutral approach to cryptos. But a new government trading framework on Bitcoin and other crypto-currencies could change this The post Taiwan tightening crypto laws amid money laundering fears appeared first on Asia Times .
| Taiwan ,crypto-currency regulation ,anti money-laundering |

Boom or Bust, Twist or Stick? It's Six Weeks High & Rising for Bitcoin

Rumors are rife that big banks are entering the cryptomarket causing a surge in the price of bitcoin. While this is good news for anyone who has a stash of the digital dosh, it could be a sign that regulators are closing in on the cryptocurrency.
| Europe |

Why is Bitcoin rising again?

Crypto-currencies are soaring and Goldmans, George Soros and the Rockefellers are now in the game. Has the sector really legitimized? The post Why is Bitcoin rising again? appeared first on Asia Times .
| Russian oligarchs ,Bitcoin ,Digital Assets Indices |

Atlanta Pays $2.6M to Contractors to Fix Hack Instead of $50K Bitcoin Ransom

Atlanta was extorted for $50,000 to be paid in bitcoin (roughly 5.4 bitcoin as of press time) after the city’s computer networks were infected with vicious malware in late March. The city might as well have paid the ransom, because it wound up spending $2.6 million on emergency contracts to recover systems made inoperable by the malware infection.
| US |

So what comes after Bitcoin?

While crypto-currencies look set to be with us for a while, the future might not include the original token that remains the market's dominant player The post So what comes after Bitcoin? appeared first on Asia Times .
| the future ,crypto-currencies ,Bitcoin |

Bitcoin price surges by a third as cryptocurrency breaks above $9,000

Bitcoin's recent price rise has given a big boost to other cryptocurrencies, with some experiencing gains of more than 20 per cent over the last 24 hours
| News |

Icelandic bitcoin fugitive caught in Amsterdam

Dutch authorities are preparing to extradite Stefansson, who claims he was held without charge in Iceland and was legally allowed to leave prison The post Icelandic bitcoin fugitive caught in Amsterdam appeared first on Asia Times .
| Iceland ,The Great Bitcoin Heist ,Sindri Thor Stefansson |

Secret Messages and Drawings Spotted in Bitcoin Network

"Chancellor on brink of second bailout for banks," Satoshi Nakamoto, the anonymous developer of the bitcoin blockchain famously declared in a note which came with the first block in the bitcoin network.
| Business |

Pay for Play: Why Pornhub Is in Bed With Verge Instead of Other Cryptocurrencies

A partnership between the Verge coin and Pornhub platform has lately been on everybody’s lips in the cryptocurrency and internet worldsector and at largeother. Thise hard-hitting news didn't escape the gossip of the couldn’t, most naturally, have gone unnoticed on social media platforms.
| Business |

Suspect in Iceland's 'Big Bitcoin Heist' escapes prison

A prisoner in Iceland suspected of masterminding the theft of about 600 computers used to mine bitcoin has managed to escape custody and flee the nation.
| News |

Bitcoin boosted as IMF boss Christine Lagarde praises cryptocurrency and suggests it could transform the way people save and invest

Bitcoin just got a boost from the world's leading financial authority, as IMF boss says cryptocurrency could have 'a significant impact on how we save, invest and pay our bills'
| News |

Digital currencies could coexist alongside traditional banks - IMF boss

Managing Director of the International Monetary Fund ( IMF) has said the growth of bitcoin and other digital currencies could make the global financial system safer. Christine Lagarde said some tools built using the technology behind bitcoin, which are known collectively as crypto-assets, hold the potential to revolutionise the world of high finance by making it faster, cheaper and safer. In a blogpost as politicians and central bankers gather in Washington for the IMF’s regular spring meetings, Lagarde said there
| News |

Bitcoin price - latest updates: Leading cryptocurrency falls back below $7,000

The value of bitcoin skyrocketed in late 2017 and its rapid rise generated huge amounts of interest in it and the 1,567 other varieties of cryptocurrency available online.
| News |

Cryptocurrency traders use old gold in drive to draw Islamic investors

The global surge of interest in bitcoin, ethereum and other cryptocurrencies extends into the Gulf and southeast Asia, the main centres of Islamic finance
| Turkey ,Saudi Arabia ,Science & Technology |