<h1>Contradicting Reports Emphasize The Rise And Fall Cryptojacking</h1>

contradicting-reports-emphasize-the-rise-and-fall-cryptojacking

Following reports that the alleged Capital One hacker was using servers to mine crypto, cryptojacking is on the tip of the space’s tongue. Unfortunately, there seems to be a bit of confusion as to how prevalent cryptojacking is, with a recently released study from McAfee Labs and information from the cybersecurity firm Bad Packets suggesting malicious miners are both on the rise and experiencing a downward trend.

<h1>SEC Settles With Crypto Exchange Bitqyck And Its Founders</h1>

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The US Securities and Exchange Commission (SEC) has settled with crypto exchange Bitqyck and its founders Bruce Bise and Sam Mendez over what the SEC believed was an unregistered token sale that raised $13 million. Bitqyck will pay a civil penalty of $8.5 million on top of disgorgement and prejudgment interest. For the two founders, Bise will pay $890,254 and Mendez will pay $850,022.

<h1>Binance Issues Report On PBoC’s Digital Currency</h1>

binance-issues-report-on-pbocs-digital-currency

A research report from crypto exchange Binance has claimed that the digital currency being developed by the People’s Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system. The first tier will connect the PBoC’s digital currency with commercial banks for currency issuance and redemption, and the second tier will connect it with individuals and businesses.

<h1>Bakkt Warehouse To Launch In September</h1>

bakkt-warehouse-to-launch-in-september

Bitcoin futures platform Bakkt has announced it will open its Bakkt Warehouse to customers on September 6, allowing them to hold their bitcoin with the firm. With the launch of the warehouse, Bakkt will also begin offering regulated, physically settled bitcoin futures on September 23.

<h1>Brave To Develop Its Own Wallet</h1>

brave-to-develop-its-own-wallet

Privacy-focused web browser Brave has announced plans to develop its own crypto wallet, which will run on MetaMask’s open-source codebase. The wallet will support Ethereum tokens, including Brave’s own native BAT, and cryptocollectibles like CryptoKitties.

<h1>Craig Wright Ordered To Forfeit Half His BTC Fortune</h1>

craig-wright-ordered-to-forfeit-half-his-btc-fortune

Federal court has entered case-ending sanctions against Craig Wright in the long-running court battle between Wright and the estate of his deceased developer partner, Dave Kleiman. Judge Bruce E. Reinhart has ordered Wright to give up half of his $10 billion bitcoin fortune and half of the intellectual property the two developed together to the Kleiman estate.