US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking

U.S. federal jury convicted two alleged Romanian hackers of spreading malware to steal credit card credentials and illicitly mine cryptocurrency. A federal jury has convicted two Romanian alleged cybercriminals of spreading malware to steal credit card credentials and illicitly mine cryptocurrency, an announcement from the official website of the United States Department of Justice revealed […]

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US Startup Raises $14.1 Mln for Blockchain-Based Payments Network for Retailers

American blockchain startup Flexa raised $14.1 million in funding to release a blockchain-powered payment network for retailers. New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11. Per the release, Flexa has raised $14.1 million in funding […]

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Michigan House of Representatives Votes to Include Cryptocurrencies in Criminal Laws

Michigan lawmakers have passed a bill that would include cryptocurrency in criminal laws regarding illegal actions for financial gain. The Michigan House of Representatives has passed a bill, HB 4102, on April 9 that would include cryptocurrencies in criminal codes regarding illegal actions for financial gain. Michigan lawmakers have voted to introduce amendments to various […]

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US Subsidiary of EU Crypto Exchange Bitstamp Seals Bitlicense From New York Regulator

The U.S. subsidiary of major European crypto exchange Bitstamp has been granted a virtual currency BitLicense. The United States subsidiary of major European crypto exchange Bitstamp has been granted a virtual currency license from New York state’s financial regulator, according to an official press release from the New York Department of Financial Services (NYDFS) on […]

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Mainstream Media Corp. Thomson Reuters Patents Blockchain System for Identity Management

Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system. Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system, documents from the U.S. Patent and Trademark Office released on April 2 reveal. The patent, originally filed on Dec. 22, 2015, describes a system providing […]

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South Korean Officials Consider Revision of Existing Crypto Regulations

The South Korean government is looking to re-evaluate existing cryptocurrency policies in order to facilitate the maturity of the cryptocurrency market. South Korean officials are considering a revision of existing regulatory frameworks regarding digital currencies, local media outlet ZDNet Korea reported on April 4. Speaking at the Deconomy conference in Seoul, top government officials reportedly […]

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Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

Hong Kong’s financial watchdog secretary states that illicit crypto mining operations are subject to local trading law. The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3. The Council […]

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