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Indian Government Inaugurates National Crypto Forensic Lab

The government of India has inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. It is...

Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar

On Feb. 8, the chief executive of Nchain, Craig Wright, wrote a blog post that purportedly described his experience of creating Bitcoin. Wright’s essay states “I was Satoshi” but throughout the story, he refuses to reveal his keys. It’s not...

Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors

Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to...

Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security

Drivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving...

Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018

A survey has determined that advertisers believe the word “blockchain” to have been the most overrated of 2018. This is hardly a surprise as many companies from fields completely unrelated to cryptocurrency claimed to use or test blockchain technology last...

Everything You Should Know About Bitcoin Address Formats

A wallet address, comprising a string of 26-35 alphanumeric characters, is all it takes to send and receive bitcoin. Any bitcoin address can be used to transfer cryptocurrency to any other address on the network, provided the sender’s wallet software...

Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work...

Most of 2017’s Leading Cryptocurrencies by Market Cap Have Crashed Out of the Top 15

Many cryptocurrencies rose and fell during the 2017 bull market and subsequent year of bearish retracement. While the top four crypto assets by market cap have remained the same over the last two years, more than half of the leading...

In the Daily: Shapeshift Beta, Coinsquare Acquisition, Grayscale Investment Report

In this edition of The Daily we cover the beta launch of a new platform from Shapeshift, an acquisition by one of the largest cryptocurrency exchanges in Canada – Coinsquare – and the latest Grayscale digital asset investment report. Also...

Markets Update: Cryptocurrencies Bullish Following Higher Lows

The cryptocurrency markets have enjoyed a day of significant bullish action, with only four of the top 80 crypto assets by capitalization posting a 24-hour loss as of this writing. ETH was the strongest performing leading market, comprising the only...

FBI Outline Key Features of Scam ICOs, Warns Investors to Be Vigilant

The FBI has outlined what it believes to be the consistent threads running through fraudulent initial coin offerings. The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial...

India Targets Cryptocurrency Crime аs Part оf Cyber Security Offensive

The government has formally opened a cyber security lab and strengthened police powers to investigate possible crypto-based crime. Cryptocurrency crime forms one focus of a dedicated cybercrime lab launched by Indian authorities this week, Indian daily news outlet The Hindu...

Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial

SMBC conducted a proof-of-concept of R3’s Marco Polo with a multinational Japanese player. Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release...

Report: Bitmain IPO Document Reportedly Reveals $500 Million Q3 Losses

An earnings report for 2018 is alleged to show the company suffered considerably in Q3 versus H1. Bitcoin (BTC) mining giant Bitmain could have made losses of around $500 million in Q3 last year, industry magazine CoinDesk reported on Feb....

Alleged Bitcoin Mining Scam Reported in Thailand

An alleged cryptocurrency mining scam has been reported to Thai police; 140 investors are reportedly affected. Victims of an alleged cryptocurrency mining scam have filed claims against the suspected perpetrator with the Technology Crime Suppression Division in Thailand, the Bangkok...

Blockchain Startup Takes on Mainstream Crowdfunding Sites to Cut Number of Failed Projects

sponsored A startup says crowdfunding sites have a trust problem, with projects failing and contributors refusing to invest again. It believes blockchain can change this. A new blockchain platform is vowing to take on established crowdfunding sites — and argues...

Owner of Indeed and Glassdoor Job Search Engines Invests In Privacy Coin Project Beam

Tokyo-based Recruit Co., Ltd. has invested in privacy coin project Beam Development Limited. Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18. Per today’s...

Blockstream Publishes Schnorr-Based Test Code for Bitcoin Blockchain Upgrade

Tech firm Blockstream has released the Schnorr-based multi-signature scheme MuSig designed to address Bitcoin blockchain privacy. The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm...

Major Chinese University Launches Blockchain Research Center

Fudan University has opened a blockchain research center that will purportedly facilitate the development of the Shanghai economy. One of the most selective universities in China, Fudan University, has opened a blockchain research center, according to an announcement published on...

Bank of Spain: Bitcoin Unable to Solve Problems of Traditional Payment Systems

An expert from the Bank of Spain has issued a detailed report on cryptocurrencies, stating that Bitcoin will not have a significant impact on the finance sector. An official from Spain’s central bank, the Bank of Spain (BDE) believes that...