News

Crypto community is celebrating the fifth anniversary of the term HODL

18.12.18

Today marks five years since the emergence of HODL term, which was first used by BitcoinTalk forum user nicknamed GameKyuubi who meant to say that he keeps on believing in crypto despite the lack of professionalism in trading and BTC price decline, and therefore “hodls” and waits for the price to rise again instead of […]

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Hong Kong authorities will tighten crypto regulation

17.12.18

The Hong Kong Securities and Exchanges Commission (SFC) announced its plans to introduce a new set of blockchain and cryptocurrency regulations. Local investment funds which store 10% or more of their capital in digital assets will now need to obtain a specialized license. However, even licensed funds will be allowed to trade with institutional investors […]

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Largest blockchain-based elections ever were held in Russia

17.12.18

On December 12, elections to the Youth Parliament took place in Saratov Regional Duma. The elections were held on Polys blockchain platform. Based on the blockchain technology and transparent crypto algorithms, Polys platform was developed in the business incubator run by Kaspersky Lab. Over 40 000 voters participated in the elections, thus making them the […]

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ICO projects have dumped another 400 000 ETH over the past month

17.12.18

Last month saw ICO projects selling 416 000 ETH, the highest amount within a monthly period since this summer. Back in August, ICO startups got rid of 100 000 ETH, as the statistics provided by the Santiment shows. Another 300 000 ETH were sold in September. ETH sales kept on growing in scale in November, […]

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World tech giants lost more than $1 trillion in their stock value

17.12.18

Total market capitalization of Facebook, Amazon, Apple, Netflix and Google declined by $1 trillion from their all-time highs, losing more value than all cryptocurrencies combined in 2018. Cryptocurrencies are not the only market sector to lose some weight in 2018. The total cryptocurrency market cap dropped by $700 billion in the course of this year. […]

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Kaspersky Lab shares Middle East, Turkey and Africa 2018 Financial Insights and Predictions for 2019

15.12.18

The past year has been extremely eventful in terms of the digital threats faced by financial institutions: cybercrime groups have used new infiltration techniques, and the geography of attacks has become more extensive. According to the KSN statistics by Kaspersky Lab, the Middle East, Turkey and Africa (META) region witnessed 17% increase in banking malware […]

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Stablecoin project Basis shuts down due to stiff regulatory conditions

14.12.18

Basis stablecoin has confirmed its shut down. The startup will return all the remaining funds to investors. The company has blamed the unfavorable regulatory conditions which made it hard to launch the project. In a blog post on Dec 13th, CEO and co-founder of Basis, Al-Naji wrote: “As regulatory guidance started to trickle out over […]

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Russian State Duma will consider a draft law on Runet autonomization

14.12.18

Russian legislators have drafted a law on autonomous functioning of the Russian segment of the Internet (Runet). If adopted, the draft law will oblige Internet providers to ensure the centralized Internet traffic management in case of need. The document also urges state officials, telecom operators and technology network owners to take part in regular response […]

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U.S. schools, hospitals and government offices received bomb threats demanding BTC ransom

14.12.18

Unknown group of cyberterrorists is targeting U.S. schools, hospitals, government and business offices with e-mails containing bomb threats and demands of BTC ransom. The FBI has released the following statement on the matter: “We are aware of the recent bomb threats made in cities around the country, and we remain in touch with our law […]

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4 bitcoin wallets out of 5 contain less than $100 worth of BTC

14.12.18

80% of bitcoin wallet users hold only one-tenth of total BTC amount in circulation, whereas average bitcoin account contains no more than 0.03 BTC ($100). Research company Delphi conducted a large-scale analysis of bitcoin wallets and found out that 22.9 million bitcoin accounts hold at least some amount of bitcoin. 80% of those, nevertheless, contain […]

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