Cryptocurrency traders in Japan have failed to report crypto gains valued at $93 million as of March 2019. Japan-based entities have failed to report their crypto gains valued at 10 billion yen ($93 million) over the past several years by March 2019, local national newspaper Asahi Shimbun reports on June 5. According to Asahi, about […]
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Speculation remains over whether Jihan Wu will serve as chairman or CEO of Matrix, the upcoming crypto services startup. Ex-Bitmain CEO Jihan Wu could launch his newest venture next month, according to a report by The Block on June 5. One unnamed source told the website that the crypto services startup, called Matrix, “will be […]
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According to Kodak, its blockchain document management platform can help organizations achieve cost savings of up to 40%. Kodak Services for Business unveiled a blockchain-based document management platform during a two-day conference in New York, according to a news release published on June 5. The company says the technology enables businesses and governments to better […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin holds over the $7,800 mark. Wednesday, June 5 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) holds over the $7,800 mark. Market visualization courtesy of Coin360 Bitcoin is […]
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A letter to member states highlights concerns over the growth in cryptocurrency activity versus law enforcement power. The European Union has told Malta it needs to improve the resources it has to fight potential financial crime as a result of cryptocurrency popularity, local daily news outlet Malta Today reported on June 5. In a letter […]
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Grupo Bitcoin Banco has recently been embroiled in a security breach that saw customers withdraw money that did not exist. A Sao Paulo court has blocked funds in bank accounts linked to Grupo Bitcoin Banco — with 726,630 reals (about $188,000 at press time) frozen, Cointelegraph Brazil reported on June 5. Two people, along with […]
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Aleksandr Konyuk said cybercrime was impacting peoples’ everyday lives and jurisdictions should study areas such as crypto as a result. Belarus’ general prosecutor has raised concerns about the role cryptocurrency could be playing in tax evasion, local daily news outlet TUT.by reported on June 4. Speaking as Belarus hosted the International Prosecutors Association’s regional conference, […]
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Mark Karpeles has revealed he will serve as the CTO of a new Japan-registered blockchain technology firm. Mark Karpeles — the former CEO of the now-defunct bitcoin (BTC) exchange Mt. Gox — has revealed he will serve as the chief technology officer of a new Japan-registered blockchain technology firm. The news was reported by Japanese […]
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Ripple, the company behind settlement-oriented crypto asset XRP, promised a higher degree of accuracy for XRP volumes and sales. Ripple, the company behind settlement-oriented crypto asset XRP, promised a higher degree of accuracy for XRP volumes and sales in a post published on June 3. In its announcement, Ripple cites recent reports about fake cryptocurrency […]
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The success of Tezos’ self-amendment process and other recent events stress the relevance of the topic of governance in the crypto community. On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30. Although […]
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