The post [Guest Post] The True Use Cases for Bitcoin and Its Role in Banking the Unbanked appeared first on CoinReport.
Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering. In 2017, Japan’s National Police Agency discovered fewer than 700 instances of crypto money laundering. Last year, they found more than 7,000 cases. What is it about this new asset class, which is enabled by blockchain distributed ledger technology, that makes it so appealing to criminals? And what can be done to keep cryptocurrency clean?
Chinese crypto mining giant Bitmain is in the process of naming a new CEO as it continues to shake up and scale down its operations. According to a recent report by the South China Morning Post that cites two inside sources, co-founders Jihan Wu and Micree Zhan, who’ve served as Bitmain’s co-CEOs, are planning to take a step […]
As a high-tech hub known for its consumer electronics, tech giants, esports, and global innovation, perhaps it’s not surprising that a report by Cindicator revealed that South Korea will play a major role in cryptocurrency adoption. By reviewing existing data on exchange volumes, recent economic history, regulation, and trends, the tokenized fintech asset management company
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On September 24, 2018, MIT Connection Science and IBM issued a 41-page joint report on the results of three roundtable discussions on the role of Blockchain in government. Authored by MIT’s technical director at the MIT Internet Trust Consortium, which is part of MIT Connection Science, Thomas Hardjono, the findings illuminated discussions held by private and public sector leaders on the blockchain’s impact for government on digital identity, payments and supply chain/provenance.The report was released in consultation with the Congressional Blockchain Caucus.
Japanese crypto firm FXcoin has recruited Deutsch Bank’s former foreign-exchange dealer, Yasuo Matsuda as a senior strategist for the cryptocurrency startup. According to Business Times. the Japanese cryptocurrency startup which was founded by Deutsch Bank AG veteran, Tomoo Oshi, hired the alumnus of the German lender to furnish the startup with daily reports on market
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According to new findings, sextortion scams have made around $ 500,000.00 worth of Bitcoin in the past couple of months in a trend that is seeing more and more people fall for fraudulent emails that claim to have video evidence of the victim ‘misbehaving’.
What is a Sextortion scam?
A sextortion scam exists as an email that suggests the victim has been videotaped watching porn or masturbating. The emails threaten the victim with sending the video to family and friends if they don’t pay a ransom (usually in Bitcoin) by a select deadline.
When the company that created EOS starts voting for validators, there will be little chance of winning a spot without earning its support.