Indian Exchange Postpones Repaying Stolen Bitcoins – No Permission From Authorities

India’s cryptocurrency exchange Coinsecure has announced that it cannot repay customers their stolen bitcoins at this time. The exchange claims that while investigations are underway, permissions are needed from the authorities to start the claims process which it has not yet received. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Repayment Delayed Indian exchange

Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance

While some governments say they see the potential future benefits of a local cryptocurrency hub, more proactive jurisdictions are already reaping the rewards. The latest example comes from Bermuda, which is rapidly advancing its receptive crypto regulations and strengthening the local economy.   Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for

Iran Continues to Develop State Cryptocurrency Despite Central Bank Ban

Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo!

US Federal Trade Commission To Offer Free Workshop On Crypto Scams

The US Federal Trade Commission will hold a summer workshop on consumer protection against crypto scams. The US Federal Trade Commission (FTC) will be holding a free workshop this summer titled “Decrypting Cryptocurrency Scams” according to a press release published today, April 30. The workshop’s main aim is to educate the public about risks in

Hungarian and Peruvian Localbitcoins Markets Post Record Volume

The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read: Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge

Japan Finance Giant SBI Holdings To Launch Crypto Exchange In Summer 2018

The launch of SBI Virtual Currencies is expected this summer, SBI Holdings president Yoshitaka Kitao says it will use Bitcoin Cash as a settlement currency. Japan`s financial services giant SBI Holdings plans to launch its crypto exchange this summer, local media outlet Business Insider Japan reported April 27. According to a recent announcement by company

US: ICO Market Is Example Of Unregulated Securities Market, Says SEC Commissioner

The US SEC commissioner said the agency’s priority in crypto markets is consumer protection. US Securities and Exchange Commission (SEC) Commissioner Robert Jackson highlighted consumer protection regarding Initial Coin Offerings (ICO) in an interview on CNBC today, April 30. When asked about cryptocurrencies and ICOs, Jackson said that he hasn’t yet seen an ICO that

Japanese Regulator Pressures Exchanges to Drop Privacy Coins

Japan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero

India To Get 30% Discount On Venezuelan Crude Oil If Paid For In Petro, Says Local Source

Local sources report that Venezuela has offered to give India a 30% discount on the sale of crude oil if they pay with Venezuela’s Petro coin. Venezuela will give India a 30 percent discount on crude oil, but only if India uses the state-issued Petro coin, according to an article published yesterday, April 29, from

We Can’t All be a Happy Whale, or Can We?

Written by Louie Procopio Investing in Blockchain Startups via Initial Coin Offerings was once a game we all could play together. It was a medium of inclusion and opportunity to almost anyone with access to the internet and a few bucks to invest with. There wasn’t a hundred new ICOs popping up every day, and