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Hodler’s Digest, June 18-24: Square Receives the Illusive BitLicense, Bithumb Hacked in this Week of Crypto Ups and Downs

4 hours ago admin2 0
Top Stories This Week Leading South Korean Crypto Exchange Bithumb Hacked For $30 Mln In Crypto Bithumb, which has fallen from 6th to 10th place for cryptocurrency exchanges worldwide by trading volume, has had about $30 million worth of cryptocurrencies stolen in an apparent hack. Bithumb has temporarily suspended all deposits and payments, noting that Read More

Smart Cities and Blockchain: Four Countries Where AI and DLT Exist Hand-in-Hand

1 week ago admin2 0
Have you ever heard about smart cities where traffic, public services and document circulation are fully automated? The smart city concept integrates big data and the internet of things (IoT) to optimize the efficiency of urban processes and services and connect to residents. One example of this innovation could be light sensors that save electricity Read More

Ex-FDIC Chair: Current Monetary Tools ‘Inadequate’, Fed Should Consider Digital Currency

2 weeks ago admin2 Comments Off on Ex-FDIC Chair: Current Monetary Tools ‘Inadequate’, Fed Should Consider Digital Currency
The former Chair of the U.S. Federal Deposit Insurance Corporation (FDIC) said that she thinks the Federal Reserve (Fed) needs to seriously consider issuing a central bank-issued digital currency (CBDC) in a June 8 op-ed published on Yahoo! Finance. In her op-ed, the former FDIC Chair Sheila Bair noted that “the past 10 years are Read More

Marijuana Cryptocurrency May Sponsor Dennis Rodman’s Trip to US-North Korea Summit

2 weeks ago admin2 Comments Off on Marijuana Cryptocurrency May Sponsor Dennis Rodman’s Trip to US-North Korea Summit
PotCoin is reportedly in discussions with representatives of Dennis Rodman to sponsor his trip to the US-North Korea summit in Singapore next week, the Washington Post reported June 7. PotCoin is a cryptocurrency created to facilitate transactions within the legalized cannabis industry. Rodman’s agent Chris Volo confirmed the former basketball star’s interest in traveling to Read More

LexisNexis Partners With Australian Crypto Exchange Blockbid to Increase Security

3 weeks ago admin2 Comments Off on LexisNexis Partners With Australian Crypto Exchange Blockbid to Increase Security
Risk management giant LexisNexis has partnered with crypto exchange Blockbid to increase the exchanges security measures Blockbid reports on its Medium account June 4. Blockbid is reportedly one of the first trading platforms to voluntarily observe global anti-money laundering (AML) measures by partnering with LexisNexis and ThreatMetrix security technology firms. Boosting fraud prevention and know Read More

SEC Obtains Court Order Against ICO Defrauding Investors of Millions

4 weeks ago admin2 Comments Off on SEC Obtains Court Order Against ICO Defrauding Investors of Millions
The US Securities and Exchange Commission (SEC) has obtained a courter order to halt the activities of an initial coin offering (ICO) that defrauded investors, the SEC announced May 29. According to the SEC press release, Titanium Blockchain Infrastructure Services Inc. has raised $21 mln from investors both in and outside the US. A complaint Read More

U.S.: Colorado Proposes Accepting Cryptocurrency for Political Campaigns

1 month ago admin2 Comments Off on U.S.: Colorado Proposes Accepting Cryptocurrency for Political Campaigns
Political candidates in Colorado could soon accept Bitcoin or other digital currencies for their campaigns, according to reports by the Denver Post on May 17. Secretary of State Wayne Williams made the proposal for allowing donations of cryptocurrencies in political campaigns in draft rules presented on May 16, the Denver Post reports. The US Federal Read More

Texas Issues Cease-And-Desist To BTC ‘Investment Company’ Promised 100% Profit In 21 Days

2 months ago admin2 Comments Off on Texas Issues Cease-And-Desist To BTC ‘Investment Company’ Promised 100% Profit In 21 Days
The Texas State Security Board (TSSB) issued a cease-and-desist order May 8 to a Bitcoin investment company that reportedly offers unregistered securities and makes deceiving statements that mislead investors. An official notice was issued to Forex EA & Bitcoin Investment LLC, represented by two individuals, James Butcher and Richard Dunn. The TSSB, according to the Read More