Mongolia's Cheap Electricity Attracts Japaneses Bitcoin Miners
Bitcoin Mining

Mongolia’s Cheap Electricity Attracts Japanese Bitcoin Miners

Cheap electricity and cold weather are proving to attract a growing number of Japanese bitcoin miners to Mongolia. A country which lies between two of the most powerful nations in the world; China and Russia. Tokyo-based e-wallet company, Ginco is currently carrying out its crypto mining operations in Ulaanbaatar, Mongolia’s capital. Ginco …

Chinese Internet regulator To Censor Blockchain Firms | Coindelite News
Blockchain News

Chinese Internet regulator To Censor Blockchain Firms

China’s internet censorship agency has approved few regulations for blockchain companies in the country. The new regulations will take effect from Feb 15, 2019. On Thursday the Cyberspace Administration of China (CAC) published its new regulations for managing blockchain information services. The announcement defines blockchain companies as “entities or nodes” …

Cryptocurrencies don't require SEC's Supervision: US Congressman
Crypto Regulations

Cryptocurrencies don’t require SEC’s Supervision: US Congressman

On January 10, in an interview with the financial news channel Cheddar, Darren Soto, United States congressman asserted that many cryptocurrencies should not be under regulations of the country’s securities regulator. The Congressman believes that cryptocurrencies should be supervised by the Commodities and Futures Trading Commission (CFTC) and Federal Trade …

Pakistani Bank Partners With Alipay For Blockchain | Coindelite News
Blockchain News

Pakistani Bank Partners With Alipay For Blockchain

Telenor Microfinance Bank, Pakistan based subsidiary of Norwegian telecoms multinational Telenor Group announced its partnership with Alipay. The announcement said that the firm has launched cross-border payments using blockchain technology using payments company Alipay. The initiative is called as Pakistan’s first blockchain-based international remittance service. On Tuesday, the bank announced …

Belgian Non-Profit's Twitter Hacked for Fake Crypto Promotions
Crypto Scam

Belgian Non-Profit’s Twitter Hacked for Fake Crypto Promotions

A Belgian non-profit’s twitter account was hacked and turned into a fake affiliate account of United States based crypto exchange, Coinbase. A false giveaway promotion was posted through the hacked account. The tweet from the account allegedly celebrated Coinbase’s user base growth. The tweet was posted on January 9, and …

Euro Exim Bank Tests Ripple’s xRapid | Coindelite News
Ripple News

Euro Exim Bank Tests Ripple’s xRapid

Euro Exim Bank, a London-based bank has recently tested Ripple’s xRapid in order to process cross-border payments. The Bank majorly focuses on providing financial services for export and import companies. So as of now, the financial service provider has the first bank to announce that it used XRP for cross-border …

Top Cryptocurrency Attacks of 2018
Article

Top Cryptocurrency Attacks of 2018

This article will take you through the most significant hacks as well as attacks of 2018 in the world of cryptocurrencies. But first, let’s look at the most common types of attacks.   Thanatos This ransomware spreads through phishing websites, malicious files, and freeware. It encrypts files on the targeted …

Central Banks Wary of Issuing Own Cryptocurrencies
Crypto News

Central Banks Wary of Issuing Own Cryptocurrencies

The Bank of International Settlements (BIS) recently published a survey indicating that many central banks are “proceeding cautiously” on issuing their cryptocurrencies. It also revealed that only a few are planning to do so in the near future. Swiss-based BIS conducted a survey involving 63 members of the central banks …

Kuwait Finance House Partners With Ripple | Coindelite News
Ripple News

Kuwait Finance House Partners With Ripple

Ripple, San Francisco based startup has become the hub for Cross-Border Remittance Services. The company has already partnered with the most popular firms, organizations, banks and institutions around the world. One more name has been added to the list as one of the largest Islamic banks in the world, Kuwait Finance …

Mainnet Launch Results in IOST’s Price Gain
Crypto News

Mainnet Launch Results in IOST’s Price Gain

The launch of Mainnet has impacted the markets, as indicated by a recent double-digit increase in IOST’s price. The gain has risen by 30% in about a week. IOST, having the market cap of around $81 million, increased by 13% in 24 hours. IOST’s blockchain infrastructure which exudes higher scalability …

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