US: Twitter Says the Bitcoin Scam Wave Came from Third-party App

TNW
Twitter has confirmed the series of cryptocurrency-related hackings on its platform originated from a third-party software provider – and not its own system. In an email to Hard Fork, a Twitter spokesperson confirmed attackers exploited a third-party marketing solution to blast...

US: In Bigger Crackdown of Crypto Abuses, SEC Goes after Unregistered Coin Offerings

CNBC
The Securities and Exchange Commission announced its first civil penalties on Friday against crypto founders who failed to register new coin offerings, part of a bigger regulatory and legal crackdown aimed at abuses and outright fraud in the growing...

Global: Fake Mobile Cryptocurrency Wallet Apps Found on Google Play Store

A recent discovery shows the presence of phony cryptocurrency wallets found on the Google Play Store. The fight against malicious apps seems not to be ending any time soon. According to The Next Web, European cybersecurity researcher, Lukas Stefanko, discovered...

Japan: Japan Wants to Regulate Cryptocurrency Wallet Services

TNW
Despite granting the industry self-regulatory status, it seems Japanese regulators are still keen to keep an eye on things. The Japanese Financial Services Agency (FSA) recently announced that it is devising a regulatory framework for cryptocurrency wallet services, Bitcoin...

China: Cryptocurrency Mining Farms Shut Down for ‘Strict’ Tax Inspections

CCN
Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks. Power to the mining farms was shut off on November 5, sources told local...

China: Lifting Bitcoin Ban Is a Fake News, Cryptocurrency Market Unaffected

Media reports about China lifting the ban on cryptocurrency trading turned out to be fake news to the bitter disappointment of Chinese crypto lovers. This time the truth was lost in translation... or at least, poor translators were the...

US:SEC Strikes Again; Founder of Ethereum-based Cryptocurrency Exchange Scrutinized by the Commission

AMBCrypto
The United States Securities and Exchange Commission has been constantly warning investors about the risks involved in the cryptocurrency space. Even though the commission has failed to set up a proper regulatory framework for the booming market, they...

Global: Here’s how Blockchains Could be Ruined by Personal Data

TNW
You might not have heard of “privacy poisoning” but it is stated to become a big problem for public blockchains (a.k.a permissionless blockchains) in coming years. This article will explain what you need to know about privacy poisoning. To understand why it’s...

US: SEC Cyber Chief Puts A New Type Of Cryptocurrency Exchange On Notice

Cryptocurrency exchanges, be warned. There’s no out-innovating the regulatory reach of the U.S. Securities and Exchange Commission. Clarifying an announcement yesterday that the SEC is in the middle of its first ever case against a cryptocurrency exchange running on...

Europe: ESMA Advised to Extend Existing Law to Include Cryptocurrency

The European Securities and Markets Authority (ESMA) has been advised to regulate cryptocurrency under existing regulations, according to CoinDesk. The Securities and Markets Stakeholders Group, which provides the EU financial regulator with technical advice on policy development and implementation, concluded that:...

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Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...