According to new research conducted by Initial Coin Offering (ICO) advisory firm Satis Group, the Bitcoin (BTC) price could potentially reach $98,000 in the next five years. The report written by Sherwin Dowlat and Michael Hodapp represents the fourth part of a five-part series covering the crypto space. The report states that, in terms of upward tendencies in cryptocurrencies over …
Pope Francis has become the latest victim of crypto scammers on Twitter, as a network of bot accounts promoting scam ICOs and fake crypto giveaways continue to target public figures both within and outside the crypto world. Familiar Pattern Earlier in the month, security researchers working at Duo Security unveiled the results of a study analysing 88 million public Twitter …
It seems iPhone users won’t have access to the crypto collectible craze anytime soon. The news comes after forthcoming video game War Riders was featured on the Coinbase Wallet iOS app and then quickly withdrawn. In War Riders, players drive around an apocalyptic wasteland, building up armies of vehicles – vehicles represented by non-fungible tokens, or NFTs, on a blockchain. …
In response to a reported increase in the illicit use of cryptocurrencies, Japan’s National Police Agency (NPA) plans to introduce new software which can track cryptocurrency transaction history, Japan’s national public broadcasting organization NHK reported August 30. In 2019, the National Police Agency will reportedly put special software into service to track the history of virtual currency transactions within the …
Malicious cryptomining attacks jumped 956 percent from the first half of 2017 to the first half of 2018, IT security firm Trend Micro reported Wednesday. In its latest Midyear Security Roundup, Trend Micro researchers noted that there were more than 787,000 detections of malicious cryptocurrency mining software in the first six months of 2018, up from 74,500 detections across a …
Polish legislators have introduced a long-awaited new bill to clarify the current crypto taxation policy. The document was published on the country’s government site on Friday, August 24, and explained by local crypto media outlet Kryptowaluty August 25. Kryptowaluty writes that a new document has been offered for consultation, and the Polish Council of Ministers will review it in the …
The Organization for Economic Co-operation and Development (OECD) announced Wednesday that it plans to host an international conference on blockchain technology next month. Specifically, the conference will examine blockchain’s impact on government activities, and will feature OECD Secretary-General Angel Gurría, the prime ministers of Serbia, Bermuda and the Republic of Mauritius and the State Secretary of Slovenia when it is held at …
Bithumb, South Korea’s second-biggest crypto exchange by daily trading volume behind UPbit, will officially resume registrations for new investors as early as this week. NH Bank, one of the largest financial institutions in the country, is set to sign an agreement with Bithumb on August 30 to provide virtual bank accounts to Bithumb users, which will allow new users to …
Colorado Securities Commissioner Gerald Rome has issued signed orders to show cause that three cryptocurrency businesses have allegedly offered and promoted unregistered ICOs in Colorado. The investigation is part of a recent crackdown against fraudulent ICOs by officials of the Division of Securities under Colorado State’s Department Of Regulatory Agencies (DORA). ‘ICO Task Force’ Targets Project Marketing Fake Forbes Partnership …
Economic and financial affairs ministers from the European Union’s (E.U.) 28 member states will reportedly hold an informal meeting on the challenges posed by digital assets and the possibility of tightening regulations, Bloomberg reported August 29. According to a draft note seen by Bloomberg, participants will discuss a general lack of transparency and the potential for cryptocurrency to be used …
