Cryptocurrency mining company Coinmint has announced its New York data center project, which it hopes to have the largest capacity for digital currency mining in the world.
<h1>New York Considers Law That Would Create Local Cryptocurrencies</h1>
A new bill in New York would create a pilot program enabling up to ten of the state’s communities to create their own cryptocurrencies. The program is an effort to keep money from leaving local economies.
<h1>ZenCash Attacks Reveal Security Concerns Over Privacy Coins</h1>
A recent rash of double-spend attacks on ZenCash and other privacy coins is exposing a potential security oversight that has already cost investors and exchanges millions of dollars.
<h1>‘Estcoin’ Is Not A National Cryptocurrency, At Least Not Anymore</h1>
It was all a dream. After drawing rebukes from banking authorities, including the ECB president and Estonian central bank governor, Estcoin appears dead in the water.
<h1>Portugal Tax Authority Issues Framework For ICO Token Taxation</h1>
Portugal’s Autoridade Tributária e Aduaneira has published guidelines for how value-added tax regulations may be applied to initial coin offerings.
<h1>Hackers Make Puzzling XRP Ransom Demand</h1>
After compromising the personal information of approximately 90,000 customers at two Canadian banks, hackers demanded $1 million of XRP for the supposedly safe return of the data. While we’ve grown more accustomed to bitcoin-based ransoms, criminals may be attracted to the liquidity in the altcoin market and the lax KYC protocols on some of the international cryptocurrency exchanges that support them.
<h1>China Recovers $267.5M In Successful Prosecution Of Multiyear OneCoin Ponzi Scheme</h1>
An investigation into a Chinese cryptocurrency pyramid scheme has culminated in several successful prosecutions, as well as the recovery of hundreds of millions of dollars worth of yuan.
<h1>Subcommittee Of South Korean National Assembly Wants To Allow ICOs</h1>
On Monday, the special committee on the fourth industrial revolution urged the National Assembly to regulate ICOs rather than allow them to be banned without exception.
<h1>EOS Nears End Of $4B ICO, CTO Larimer Patches Vulnerability</h1>
Mo’ money, mo’ problems. EOS addresses possible vulnerabilities ahead of platform’s official launch.
<h1>UK Bitcoin Trading Reportedly Under Scrutiny In DOJ-CFTC Investigation</h1>
The American investigation of cryptocurrency price manipulation reaches across the Atlantic, according to an English daily newspaper. The US Department of Justice and CFTC are apparently taking a hard look at bitcoin traders based in the UK, among other countries.
<h1>Bitcoin Gold Network Loses Millions From A 51 Percent Attack</h1>
A person or group made off with $18 million in bitcoin gold after gaining control of 51 percent of the network’s hash power.
<h1>Operation Cryptosweep Finds Canadian Targets In British Columbia And Ontario</h1>
Canadian securities commissions aid in the hunt for cryptocurrency scams.
<h1>Indian Gov’t Mulls Retroactive Tax On Cryptocurrency Trades</h1>
Indian government officials are considering levying a tax on cryptocurrency trades, as well as on the fees collected by exchanges and the block rewards collected by miners.
<h1>Argentine Bank Lets Customers Send Bitcoin Across The Border</h1>
Banco Masventas joins with an exchange, Bitex, to facilitate international payments in bitcoin. Argentina’s troubled economic history suggests customers will welcome the news.
<h1>CFTC Offers Guidance Around Listing Cryptocurrency Derivatives</h1>
The US Commodity Futures Trading Commission has unveiled a new set of guidelines relating to cryptocurrency derivatives.
<h1>Russia Cryptocurrency ‘Rights’ Bill Passes State Duma</h1>
A bill defining (and to a lesser degree, regulating) cryptocurrency has passed the lower house of the Russian parliament. More cryptocurrency legislation is expected to follow.
<h1>Bank Of England Outlines Three Models For A Central Bank Digital Currency</h1>
The Bank of England has released a working paper on how a central bank digital currency might be used in the banking industry.
<h1>Colorado Candidates May Soon Accept Campaign Contributions In Crypto</h1>
Politicians in Colorado may be next in line to accept cryptocurrency to aid their campaigns.
<h1>Russian Minister Of Justice Defines Cryptocurrency As ‘Other Property'</h1>
Russia’s Justice Minister gives cryptocurrency a legislative definition in an attempt to clarify current regulations.
<h1>Regulators In US And Canada Launch Coordinated Attack On Crypto Fraudsters</h1>
Operation Cryptosweep has targeted nearly 70 fraudulent ICOs and crypto-related investments products since May 1.