The new product will allow banks and payment providers the ability to process cross-border transactions faster
Interestingly, despite nearly 70 percent drop in bitcoin’s value from its all-time high achieved in December, the hash rate of Bitcoin network has increased four-fold from December level
In a fresh spin, these chocolate currencies called Frankford Bitcoins are 1.42 ounces of milk chocolate wrapped in gold-coloured foil and manufactured by Frankford Candy
The report also highlighted how terrorist groups also have had limited success when it comes to raising funds using technology.
The offshore exchanges have managed to get around the government’s ban by frequently changing their domain names to avoid detection.
However, foreign exchanges would get a license for a cryptocurrency exchange only after they open a subsidiary in Uzbekistan.
The patent outlines a plan to develop a network of computers capable of generating accounts for storing cryptocurrencies or cryptocurrency-related exchange-traded products
Cryptocurrencies are digital units in which encryption techniques are used for trading and these 'currencies' operate independently of a central bank, while initial coin offerings are equivalents of initial public offerings in stock markets.
At the time of publishing this report, bitcoin price had stabilised and was trading at $6467. Ethereum was trading at $228
Other cryptocurrencies such as Ripple, Bitcoin Cash, EOS and Ethereum also saw a loss of 6 to 7 percent.
MinerGate was in fact part of the small group of apps that actually updated its app to comply with the new terms, removing on-device mining.
The projects would be selected from a total of 72 blockchain related ideas submitted by different institutions.
As per the SEC, cryptocurrency exchanges could be allowed to operate as trading platforms in the Philippines given the growing global interest in virtual currencies.
“The incentive system has been designed to spread adoption of the cryptocurrency and also the range of services and apps that support it," Line CEO Takeshi Idezawa said.
Rakuten first started accepting payments in the year 2015, when it integrated its US website with Bitnet, a bitcoin payment processor.
The development comes days after the authorities in Beijing's Chaoyang district issued a similar notice.
Rosfinmonitoring, the Russian government agency also responsible for monitoring financial crimes, will enlarge its system to monitor transactions made with cryptocurrencies
Trend Micro researchers have identified more than 787,000 cases of detecting malicious cryptocurrency mining software in the first half of 2018.
Lloyd's, is quietly providing cover against theft of cryptocurrencies
Randi, a Harvard graduate has worked at Facebook for six years and is the founder and CEO of Zuckerberg Media, Editor-in-Chief of Dot Complicated, and creator of an animated TV show called Dot.
Belfort was the inspiration behind Martin Scorcese's 2013 black comedy Wolf of Wall Street', where he was played by actor Leonardo Dicaprio.
Baidu's move is in line with China’s crackdown on cryptocurrency and follows Alibaba and Tencent
Restrictions aimed at straitjacketing virtual currencies have had the reverse impact. Despite a correction in the price of most cryptocurrencies, transactions have gone up substantially in both volume and value after the RBI’s April circular
A document, circulated online, has banned restaurants, shopping malls, restaurants, and office buildings from hosting any activity related to promotion of cryptocurrencies.
For each one of the three rejections, the SEC pointed out that "its disapproval does not rest on an evaluation of whether bitcoin, or blockchain technology more generally, has utility or value as an innovation or an investment".