John McAfee-Linked Bitcoin Mining Firm Hit with Lawsuit over Pump-and-Dump Scheme

MGT Capital Investments, a bitcoin mining and cryptocurrency investing firm formerly associated with John McAfee, has been hit with a class-action lawsuit over allegations that its former CEO participated in a pump-and-dump scheme that manipulated the price of MGT shares. Bitcoin Mining Firm Faces Class-Action Suit The suit, which was filed by Rosen Law Firm […]

BitMEX Appoints Hong Kong Regulator to Position of Chief Operating Officer

In an effort to help them navigate the global regulatory landscape, BitMEX, one of the planet’s largest cryptocurrency exchanges, has appointed Angelina Kwan to the position of chief operating officer. Kwan is something of a veteran in the Hong Kong financial regulation space. Regulatory Expert Angelina Kwan Drafted into the BitMEX Team BitMEX has become […]

Cardano Launches Rust Project to Entice Third-Party Developers

Cardano, the platform underpinning ADA, the ninth largest cryptocurrency by market cap, is opening its doors to third-party developers through a new client, written in systems programing language Rust. “As a project matures and grows, you need to satisfy the demands of different clients,” Charles Hoskinson, CEO at IOHK, the blockchain development company behind Cardano, […]

Battle of the Privacycoins: What We Know About Grin and Beam’s Mimblewimble

Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. Analytics companies and other interested parties — let’s call them “spies” — have ways to analyze the public blockchains and peer-to-peer […]

Bitcoin News Summary – October 1, 2018

The post Bitcoin News Summary – October 1, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds.    Google is ending its ban on crypto-related adverts across the US and Japan. The ban was put in place this June. It’s expected this will boost adoption by exposing […]