High Stakes: Ethereum’s Fight Over Lost Funds Explained

High Stakes: Ethereum’s Fight Over Lost Funds Explained 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…

Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges

Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges Just recently Japanese investigators revealed they had obtained 669 reports concerning “suspected money laundering” tied to cryptocurrency transactions and domestic digital currency trading platforms. The linked data was derived from investigations spurred by the recent transaction reporting statutes licensed exchanges are required to follow.…

South Korean Regulators Inch Closer to Legalizing Bitcoin

South Korean Regulators Inch Closer to Legalizing Bitcoin The cryptocurrency situation in South Korea is constantly evolving. For the longest time, people have awaited official regulatory guidelines. They are slowly coming to fruition, which would label virtual currencies as “liquid assets”. It’s an interesting development that will bring some positive momentum to cryptocurrencies. BITCOIN COULD BECOME A LIQUID ASSET…

Overstock CEO Puts ‘Millions Of Dollars’ Into Unknown Coin, Compares To Bitcoin

Overstock CEO Puts ‘Millions Of Dollars’ Into Unknown Coin, Compares To Bitcoin Patrick Byrne, the CEO of Overstock, which was the first major retailer to accept Bitcoin (BTC) back in 2014, has said that he is “not really interested in cryptocurrencies per se,” but revealed a little-known Blockchain project his company has invested “millions of dollars” into in an interview…

Canada: TD Bank Bans Credit Card Purchases of Crypto Following Global Trend

Canada: TD Bank Bans Credit Card Purchases of Crypto Following Global Trend Following in the footsteps of several major banks globally, the Toronto-Dominion Bank (TD), one of the largest banks in North America, announced  in an email statement to customers on Friday, Feb. 23, that it is banning the purchase of cryptocurrency with credit cards, local journal The Globe…