A U.S. senator who has previously spoken out against Venezuela's newly-launched cryptocurrency isn't done with the issue. Late last month, Senators Bob Menendez (D.-NJ) and Marco Rubio (R.-FL) co-wrote a letter blasting the "petro" and asking the Treasury Department to monitor its progress, as well as offer insight into how the...
Two state senators in Georgia have proposed a bill that would allow citizens to pay their tax obligations in bitcoin, marking the second such legislative effort of its kind to emerge this year. Public records show that the measure submitted on Feb. 21 by senators Michael Williams and Joshua McKoon would...
The "world computer" is ensnared again in a heated debate. Sparked by a controversial code proposal called EIP 867, ethereum's development forums have become something of a battleground, crowded with bitter commentary, snide pull-requests and coordinated attempts to erase the idea from the platform's repository. For those unfamiliar, the conflict surrounds an...
Having struggled to find acceptance above the $500 billion mark, the total value of all cryptocurrencies is set to end the week with moderate losses. The figure hit a low of $422 billion earlier today as bitcoin, the world's largest cryptocurrency by market capitalization, fell to an eight-day low...
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.Former beverage producer Long Blockchain is once again at risk of being delisted from the Nasdaq, mere months after making its questionable pivot into the cryptocurrency ecosystem. According to a document filed with the US Securities and...
Bank of China, one of the four largest state-owned commercial banks in the country, has filed a patent application for a process it says is better able to scale blockchain systems. According to a document released on Feb. 23 by China's State Intellectual Property Office (SIPO), the application was first...
A number of multinational telecoms firms have joined the Carrier Blockchain Study Group (CBSG) to advance efforts in applying blockchain technology within the industry. According to today's announcement by Japan's SoftBank, the study group will see United Arab Emirates' telco Etisalat, Spain's Telefonica and Philippine's PLDT as new members. In...
Japan's police agency has said it received 669 reports of suspected money laundering from domestic cryptocurrency exchanges over eight months of 2017. According to Japan's Nikkei Asia Review, the country's National Police Agency (NPA) released a report on Thursday indicating the cases were reported from April to December of...
Bitcoin is witnessing a minor corrective rally today, but the bulls may have a tough time regaining control, the technical charts suggest. CoinDesk's Bitcoin Price Index (BPI) fell to $9,592.96 at 01:59 UTC - the lowest level for one week. As of writing, the BPI is seen a little higher...
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.Ethereum founder Vitalik Buterin is meeting with officials at Thailand’s Securities Exchange Commission to discuss the future of his platform and the OmiseGo token. Thailand’s regulatory bodies are being very progressive in exploring both the regulation and...