A Russian cryptocurrency investor and blogger known online as Pavel Nyashin was attacked and robbed in his home in Leningrad Oblast the night of Jan. 14. The assailants stole funds worth 24 mln rubles ($425,000), according to local media.Nyashin was tied and beaten while a group of masked...
The director of German's central bank believes that bitcoin should be regulated through an international set of rules rather than on a national scale. Bundesbank director Joachim Wuermeling said that borderless cryptocurrencies are difficult to regulate within a specific region or country, according to Reuters. Speaking at an event...
Bank Indonesia has warned that cryptocurrencies may not be used for payments in the country. The central bank published a press release on Saturday, stating that cryptocurrencies are not a "legitimate instrument of payment" in the country, as they do not comply with the 2011 currency act and are...
Bank Indonesia issued a press release on Jan. 13, warning its citizens against the use of selling, buying or trading cryptocurrency and reiterating that virtual currency is not legitimate within Indonesia.This statement comes after the September reassertion that Bank Indonesia will not accept Bitcoin (BTC) as payment, leading...
The Kraken cryptocurrency exchange has come back online today, Jan. 13 at 11:30 UTC, after a more than 48-hour delay.The exchange was scheduled to go offline on Jan. 11 at 5 UTC for a predicted two hours for a system upgrade. As the maintenance time offline grew to...
More than 100,000 South Korea residents have signed petitions asking the government there to step back from any plans to close the country's cryptocurrency exchanges. Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country's online exchanges amid a speculative boom...
U.S. Treasury Secretary Steven Mnuchin said on Friday that the Financial Stability Oversight Council, a government body that assesses financial system risks, has formed a working group focused on cryptocurrencies. Mnuchin remarked on the process during an appearance at The Economic Club in Washington, D.C. after being asked about the...
The National Bank of Ukraine (NBU) has said it is “considering” introducing a digital version of its national currency, the hryvnia, that is not based on Blockchain, at least for now.The central bank reported in a Facebook post Thursday Jan. 11 that it is studying “new and innovative...
The announcement of a Facebook Messenger Kids has parents worried that hackers may know where to find their children online, and access their private messaging content and lives. The controversial app aims to allow kids to ‘safely’ message and video chat with friends and loved ones. By allowing...
In the latest example of mainstream crypto adoption as a PR stunt, KFC Canada has introduced a new menu item, the Bitcoin Bucket, that customers can buy exclusively with Bitcoin (BTC).KFC Canada announced their new PR stunt promotion via Twitter on Jan. 11:“Sure, we don’t know exactly what...