Bitcoin Poses Danger to U.S. Elections, Researcher Tells Congress

For a significant part of 2017 and even this year, social media platforms have taken a lot of heat over their alleged role in influencing the 2016 U.S. presidential election. And for a period of time on Tuesday during a congressional hearing, cryptocurrencies were put in the same spot — at least with regards to […]

Indian Crypto Exchange Asks Users to Withdraw Funds Before July 5

The Reserve Bank of India (RBI) decided, in a circular issued on April 6, that banks in the country will no longer be allowed to do business with crypto exchanges. The deadline, which expires on July 5, is forcing companies to prepare for the worst. Zebpay, one of the largest digital currency operators in India, […]

FBI Working on 130 Cryptocurrency-Related Investigations

While supervisory special agency Kyle Armstrong says the Federal Bureau of Investigation (FBI) sees cryptocurrencies in a neutral light, he mentioned at a conference that  the agency currency has 130 open cases related to virtual currency. Armstrong made his remarks at Wednesday’s Crypto Evolved conference in New York. He said the cases are a “small […]

Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t

Recent Bitcoin block data shows that Bitcoin’s mining pools BTC.com, AntPool and ConnectBTC, respectively mined about 25.7 percent, 16.1 percent and 0.2 percent of all new blocks over the past week. This makes for a combined hash rate of 42 percent; an all-time high for the Chinese mining giant’s mining pools. Several media sources have […]

Coinbase CEO Brian Armstrong Launches Cryptocurrency Charity Fund

On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions. Armstrong and partner Rose Broome, previously co-founder and CEO of HandUp.org, have already raised $1 million from prominent cryptocurrency community members. They plan to raise $10 million […]

EOS Founder Wants to Scrap the Platform’s Constitution, Start Anew

Daniel Larmier, the founder and technical architect of EOS, has confirmed that he wants to scrap the platform’s current constitution and build a new one. Speaking on the EOSIO Gov Telegram Channel, Larimer claimed he has doubts about the company’s current on-chain governance model and called the existing constitution “unwise.” “I have learned a lot […]