The UK's Financial Conduct Authority (FCA) has joined global regulators around the world in clamping down on the free digital industry and has launched an investigation into twenty-four cryptocurrency companies.
The next hard fork, which took place yesterday on the Ethereum Classic (ETC/USD) network, does not involve dividing the network and the emergence of a new token, but is intended to solve problems associated with the profitability of mining. In essence, this is a soft fork, an upgrade of the network to remove the “unnecessary function” of the project.
The sudden death of multi-billionaire Matthew Mellon has raised many questions not only about the causes of death, but also about his fiat and cryptocurrency millions. The $500 million inheritance in Ripple may go unclaimed.
Of course, there are some obvious measures that can be taken to stop Bitcoin from working. However, they often cause many problems and are themselves very difficult to implement.
Yesterday, altcoin prices recovered to the level of average prices and, having set daily highs, went into consolidation. Today the price stabilization will end, and the decline will soon resume.
Israel is joining the trend of taking the crypto market under strict control and limiting the anonymity of digital transactions. A new bill defining measures to combat money laundering using cryptocurrencies comes into force on the first day of next month.
A joint venture between Big Four accounting firm Ernst and Young and software security company Guardtime has launched a blockchain platform to support ship insurance, Insurwave. The platform is expected to transform the way risk is managed and the way brokers and insurers work.
Wired's Louise Matsakis writes about how the publication collected nearly $100,000 in Bitcoin in 2013 after receiving a mining device, then quickly destroyed it.
Join us!