UK Parliament Hearing to Highlight Government Blockchain Applications
A UK House of Lords committee will meet next week to hear testimony from academics and representatives of the blockchain industry.
Russian Political Party Calls For Bitcoin Legalization
Boris Titov, the leader of Russia’s Party of Growth, called for the country to legalize cryptocurrencies like bitcoin and become a leader in blockchain development, according to Tass, a Russian news agency. Speaking at a press conference, Titov also said Russia can take advantage of its difficult economic situation to embrace blockchain technology as a […]
Why SAP is Quietly Playing Test-and-See With Blockchain
While SAP has been exploring blockchain for over a year, it’s only recently decided to become more vocal about its work.
Hackers Attempt to Extort Polish Defense Ministry for $50,000 in Bitcoin
A hacker group that calls itself “Pravvy Sector” is trying to extort the government of Poland for $50,000 in traditional money or bitcoin, with the threat of releasing stolen data from the country’s Defense Ministry. The post Hackers Attempt to Extort Polish Defense Ministry for $50,000 in Bitcoin appeared first on CCN: Financial Bitcoin & […]
Ethereum Gets Ready to Hardfork
Exchanges, miners, developers, users and ethereum’s entire ecosystem is getting ready for a historical and defining hardfork. Kraken, eth’s biggest exchange after Polonix, announced traders will be offered only one option, eth on the longest chain. If other exchanges follow Kraken’s example, which is likely, a chain split is practically impossible save for, at worst, […]
New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers
The European Commission published a new directive draft last week proposing to extend strict anti-money laundering (AML) regulation to both virtual currency exchange services and custodial wallet providers. Intended to counter “money launderers, tax evaders, terrorists, fraudsters and other criminals,” the directive could mean that many Bitcoin companies in the E.U. will have to apply […]
Why Do Some Bitcoin Mining Pools Mine Empty Blocks?
Blocks on the Bitcoin blockchain have a maximum size of 1 MB. Proof of work difficulty is calibrated so 1 block is created every 10 minutes. It is generally accepted a miner would want to maximise the number of transactions it includes in a block as it collects the transaction fees. Logically, with the growing […]
Russian Political Party to Accept Bitcoin Donations
Reports from Russia indicate that a minor political party is moving to accept bitcoin donations.
NRI Report: Japan’s New Payment Rules Hold Back Bitcoin Remittances
A report to be released by NRI argues Japan needs to do more to bring clarity to the innovators working with digital currencies.
DTCC Organizes Blockchain Event on Capitol Hill
The DTCC has revealed it hosted a group of regulators and financial industry execs in Washington, DC, last month for a conversation on blockchain