Russian Social Media Giant VK Eyes Launching its Own Crypto: Report March 31, 2019

The most popular social media platform in Russia, VKontakte (VK), is considering developing its own cryptocurrency, local news outlet RNS reported on March 28. Per the report, an unspecified person familiar with the company’s plans told the outlet that the project involves the creation of individual cryptocurrency accounts for all the users of the platform. […]

Ethereum Has More Than Twice as Many Core Devs per Month as Bitcoin: Report March 9, 2019

Ethereum (ETH) has the most developers working on its base protocol of all cryptocurrencies, not counting community project developers, according to a report by crypto asset management firm Electric Capital. The report was published in a Medium post on March 7. Per the post, the company fingerprinted over 20,000 code repositories and 16 million commits […]

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report February 12, 2019

South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12. The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the […]

Report: Bitcoin Transactions Per Day Increase to January 2018 Levels February 8, 2019

The daily Bitcoin (BTC) transaction volume has been recently increasing to the levels not seen since January 2018, after BTC hit the $20,000 price mark, according to data from transactionfee.info. Some industry players believe that it is a sign of the evolution of the cryptocurrency’s ecosystem and fundamentals. Bitcoin transactions per day. Source: transactionfee.info Jameson […]

NZ Police Report Says ‘Excellent Progress’ Being Made in Cryptopia Hack Investigation February 7, 2019

Police in New Zealand are working with international law enforcement to track down hackers who reportedly stole over $16.1 million from local exchange Cryptopia, the police reported in a press release Feb. 7. Cryptopia, which suffered an attack beginning Jan. 15 and lasting around two weeks, has lost funds from tens of thousands of Ethereum […]

Research Firm Messari CEO: Threatening Calls After Critical XRP Report Were Made by ‘Punk Kids’ January 27, 2019

Ryan Selkis, the CEO of cryptocurrency analytics firm Messari, has allegedly received threats after his company published a critical analysis of Ripple (XRP) cryptocurrency. Selkis made this claim in a tweet posted on Jan. 24. Research firm Messari published a report on Jan. 24, claiming that the market capitalization of XRP is likely overvalued by […]

ICOs Raised $160 Million in First Half of January, Report Says January 19, 2019

Initial coin offerings (ICOs) completed in the first half of January have raised around $160 million. The figure was provided in a report by ICO rating service ICObench shared with Cointelegraph on Jan. 18. ICOs completed by Jan. 15 have managed to raise about 33 percent of the combined amount raised in the previous month […]

2018 Sees 550% Uptick in Exempt ICO Securities Offerings Filed With the US SEC: Report January 12, 2019

2018 witnessed a significant uptick in the number of initial coin offerings (ICOs) authorized by the United States Securities and Exchange Commission (SEC) to sell securities to large-scale investors, according to financial news channel MarketWatch, Jan. 11. MarketWatch reportedly compiled its data for 2018 by searching the SEC’s Electronic Data Gathering, Analysis, and Retrieval (EDGAR) […]

Crypto Anarchist Manifesto Author Tim May Dies of Natural Causes, Report December 17, 2018

Cypherpunks co-founder Timothy C. May has reportedly died of natural causes, a Facebook eulogy posted by cypherpunk Lucky Green stated Dec. 15. In his social media post, Green informed: “Word has reached me that my dear friend, co-conspirator in many things and for many years, fellow Freedom Fighter Tim May passed away earlier this week […]

Report: Number of Routers Affected by Crypto Malware Doubled Since August, Reaching 415K December 6, 2018

The number of MikroTik routers affected by cryptojacking malware has repotedly doubled since summer 2018, reaching 415,000, security researcher VriesHd tweeted Sunday, Dec. 2. Since August, VriesHd has been reporting on crypto malware that targets routers and forces them to mine cryptocurrencies along with the researchers from Bad Packets Report. They revealed that routers by […]

Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030 November 28, 2018

The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030. “Blockchain and International Trade: Opportunities, Challenges, and Implications for International Trade Cooperation” analyzes blockchain applications and challenges that must be […]

Token Trading Volumes ‘Plummet’ on Major Exchanges, Diar Report Says November 27, 2018

A new report from weekly crypto outlet Diar published Nov. 26 states that trading volumes on major exchanges have dropped substantially. Diar’s data, sampled from across eight leading crypto exchanges  — Binance, OKex, Huobi, Bitfinex, Kraken, Poloniex, Bittrex, HitBTC — reveals that 60 percent of cryptocurrencies that continue to be listed as of Jan. 2018 […]

Report: Israeli Projects Raised Over $600 Million via ICOs as of Q3 2018 November 3, 2018

Israel-based projects have raised over $600 million through Initial Coin Offerings (ICOs) as of the third quarter (Q3) of 2018, according to report by cryptocurrency analytics firm One Alpha released Nov. 2. Per the research, 140 blockchain-focused companies in Israel have attracted $1.3 billion in investment, wherein more than 60 percent of companies and 88 […]

Report: Bithumb Signs Deal with US Fintech Firm to Open Security Token Exchange November 1, 2018

Major South Korean cryptocurrency exchange Bithumb has reportedly signed a deal with an American fintech firm in an effort to open a securities token exchange in the U.S., South Korean Yonhap News agency reported Nov. 1. Citing individuals familiar with the matter, Yonhap reports that Bithumb signed an agreement with American crowdfunding platform SeriesOne. A […]

World Payments Report 2018: DLT Falls Short of Meeting Financial Market Demands October 18, 2018

The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology services firm Capgemini and leading European bank BNP Paribas. To prepare the report, researchers conducted an assessment based on multiple criteria, […]

Report: Number of Compromised Routers in India Doubled, Reaching Almost 30,000 October 6, 2018

A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard Fork reported Oct. 5. Banbreach managed to track Internet traffic and detect all devices on […]

China Now Has a Way for the Public to Report Illegal Token Sales August 28, 2018

A Chinese self-regulatory association is working to assist government agencies in cracking down on illegal initial coin offerings (ICOs). The China National Internet Finance Association (NIFA), a self-regulatory organization founded by the People’s Bank of China (PBoC), has added a “token sales” category to its platform that allows the public to report on potentially illegal financial […]

BCG Report Offers ‘Reality Check’ for Blockchain in Commodities Trading August 17, 2018

Major U.S. consulting firm Boston Consulting Group (BCG) has released an in-depth report August 16, which it dubs a “reality check” for the use of blockchain in the commodity trading industry. For commodities trading, BCG argues that there is a strong argument for using blockchain, while taking stock of “significant drawbacks on several fronts.” The […]

US Treasury Releases Fintech Report, Discusses Issues Relevant to Cryptocurrency August 2, 2018

The U.S. Treasury Department released its highly anticipated report that examines the current monetary system, discusses cryptocurrency, and proposes sweeping changes that would cut regulatory inefficiency and incubate new technologies. The report, which is titled “A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation” was drafted under Treasury Secretary Steve Mnuchin and addressed […]

KPMG Report: US Blockchain Investment in 2018 to Date has Outstripped 2017’s Total July 31, 2018

Fresh analysis from KPMG shows that blockchain investment in the U.S. in the first half of 2018 has exceeded the overall total seen in 2017, according to its biannual “The Pulse of Fintech” report released today, July 31. KPMG is one of the world’s largest auditing firms, collectively known as “The Big Four” — alongside […]

Bitmain Made $1.1 Billion in Profit in Q1, Filing for IPO ‘Very Soon’: Report July 31, 2018

After posting eye-popping returns in 2017, the recent bear market has some cryptocurrency firms battening down the hatches amid declining returns. Don’t count industry giant Bitmain among them. Citing an email obtained from a source close to the China-based firm, Fortune reports that Bitmain — best known for manufacturing bitcoin mining equipment — raked in […]

$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out July 27, 2018

A $1 billion Chinese blockchain fund launched in April has denied a report that local government will pull out its originally planned funding support following a recently leaked recording involving a former partner of the fund. A news report from China Business Journal on Thursday said the Hangzhou city government has required Xiong’An (or Grandshores) Blockchain […]

Chinese Research Institute Report Finds Blockchain Can Enhance Financial Services July 25, 2018

A Chinese scientific research institute and value-added Internet service provider Tencent Holdings have jointly released a July 24 report emphasizing the impact of blockchain on the transformation of traditional financial services. The Academy of Information and Communications Technology, a scientific research institute under China’s Ministry of Industry and Information Technology (MIIT), and China’s Tencent Holdings’ […]

Over 500 BTC Belonging to Iranians Seized by US Government: Report July 22, 2018

Finance According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan […]

Report: Blockchain Spending to Hit Nearly $12 Billion By 2022 July 19, 2018

A new report published by the International Data Corporation expects spending on blockchain solutions to increase annually at a growth rate of nearly 75 percent through 2022. Dubbed the “Worldwide Semiannual Blockchain Spending Guide,” analysts at the firm expect total spending on projects in the blockchain industry to hit $11.7 billion in 2022 alone, compared […]