Prosecutors from ten different prefectures in Japan have apprehended 16 people suspected of involvement in a criminal case involving cryptojacking. This case is ongoing, according to a June 15 report published by The Asahi Shimbun, a local Japanese news outlet. And according to this report by The Asahi Shimbun, the…
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Cryptocurrencies Being Evaluated by U.S. Commodity Futures Trading Commission
Without government regulation on all things financial, those nations', states', and otherwise-governed areas' financial markets are almost certainly not as active as their counterparts who do have effective regulatory bodies. The United States of America is home to the U.S. Commodity Futures Trading Commission (CFTC), one…
AdBlock Plus Extension Crunch News Filters Out the Fake News
TechCrunch reported on June 13th that the developer of Adblock Plus, eyeo GmbH, will begin to use blockchain technology for its new browser extension called Trusted News. The extension is in beta status and only available on Google’s Chrome Internet browser. The browser functions by marking which sites and…
Foreign Government Investment May Stabilize the Value of Crypto Currencies
Governments around the world - at least governments that are worth their salt, as the saying goes - are inherently interested in the well-being of their constituents. This by-and-large fact of life - like everything, it does have a few exceptions - especially holds true for corporate activities and investments…
Wells Fargo: The Latest Bank To Ban Credit-Based Cryptocurrency Buying
Wells Fargo is the third largest bank in the United States. They announced on June 11th, according to Fortune, that they would no longer be allowing customers to buy cryptocurrency with their credit cards. Wells Fargo initiated a statement explaining that customers are banned from purchasing cryptocurrency with any credit…
Recent Developments in Crypto Currency Are Giving Investors a Pause
Recent news that the US Commodity Futures Trading Commission is embarking on a probe of the world's largest cryptocurrency exchanges has sent the market into a tailspin. This comes after many cryptocurrencies had begun to show recovery following a weak showing in Q1 of 2018. Overall market capitalization…