Tron Announces BitTorrent-Based IPFS Variant Decentralized File System Protocol

Tron announced plans to develop a BitTorrent-based version of decentralized file system InterPlanetary File System. Blockchain platform Tron, which is behind the decentralized, web focused cryptocurrency tron TRX, announced plans to develop a BitTorrent-based version of decentralized file system InterPlanetary File System (IPFS). The development was shared in a press release with Cointelegraph on May […]

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Russia’s Largest Bank Halts Crypto Plans Due to Central Bank’s Negative Stance

Russia’s state-owned Sberbank suspended a crypto initiative due to the negative stance of the central bank. Russia’s largest bank, the state-owned Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on the industry, local news agency TASS reports on May 30. Sberbank vice president Andrey Shemetov has reportedly revealed the news […]

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Fake News Circulating in China Suggested to Be Responsible for Bitcoin SV Price Surge

Crypto investment firm Primitive Ventures co-founder Dovey Wan suggested that fake news may be responsible for yesterday’s BSV price surge. Co-founder of cryptocurrency investment holding firm Primitive Ventures Dovey Wan suggested that fake news circulating in China may be responsible for yesterday’s bitcoin sv (BSV) price surge. Wan posted about the fake news in a […]

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Chinese Authorities to Investigate Illegal Mining Farms at ‘Global Mining Capital’ Sichuan

Located at Sichuan’s Dadu river, the alleged illegal mining farms reportedly contain over 30,000 units of mining equipment. The state authorities of China’s Sichuan province will investigate local bitcoin (BTC) mining farms that have been allegedly been built illegally, local media agency Sina reports on May 30. Located at the bitcoin “global mining capital” of […]

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Australian Securities Regulator Releases Cryptocurrency, Mining, ICO Guidelines

The Australian Securities and Investment Commission published new initial coin offering and cryptocurrency guidelines. The Australian Securities and Investment Commission (ASIC) published new initial coin offering (ICO) and cryptocurrency guidelines on its official website on May 30. The regulator detailed the prerequisites that a cryptocurrency business needs to follow in order to comply with both […]

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North Korea Launched Cryptocurrency Attacks in Response to Sanctions, Says FBI

A senior official warned U.S. measures were pressuring Pyongyang into finding illicit channels of income. United States sanctions incentivized North Korea to launch cyberattacks involving cryptocurrency, a senior FBI official told a conference. The comments were quoted by South Korean English-language news outlet Korea Herald on May 30. Speaking at an event organized by U.S. […]

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