Petya Ransomware Funds Travel Through the Tumbling Process As the mainstream media portrayed it to be, the hottest Petya ransomware was crazy, and the founders only made off with $8,000 in extortion funds. One of the reasons the attackers did not make much money was a result of their email being closed down. What is… Continue Reading

Taiwan to Regulate ICOs FSC Chairman Wellington Koo. The chairman of Taiwan’s Financial Supervisory Commission (FSC), Wellington Koo, has reportedly confirmed that the commission is drafting national standards for first coin offerings (ICOs). The FSC aims”to create virtual tokens as simple to invest in as shares and equally as liquid,” the Taipei Times reported on… Continue Reading

Suchflex Turning Idle Computing Power Into an Incentivized Distributed System A lot of people leave their computers running 24/7, and that computational power cans turn . The Alchemist startup aims to create the world’s largest data center service without owning servers. Its stage was in public beta since August and has been operations since then. At… Continue Reading

ICO Action Plummeted ICO activity was down in September, according to a study by Autonomous Research. The firm wrote: Last month saw roughly $300 million in ICO funds increased, with the month before that revised to a bit over $400 million, a far cry from the $2.4 billion in January of this year. If we… Continue Reading

JBA Replaces JADA Founded in mid-April, the JBA replaces the former Japan Association of Digital Asset (JADA), which has been active in the sector since July 2014. The new group consists of high-profile members of the Japanese blockchain industry in addition to member of Parliament (and long-time Bitcoin proponent) Mineyuki Fukuda and Japan’s primary financial regulator the… Continue Reading

The First Rejection The Japanese Financial Services Agency (FSA) is reportedly preparing to reject an application to operate a crypto exchange in the country. “The very first time it has done so,” Nikkei reported, including: The decision follows the ministry’s decision that Yokohama-based FSHO lacks the necessary systems to run its business…By barring a market… Continue Reading

Regulating as Securities Malaysian Finance Minister Lim Guan Eng said on Monday that his country”will govern initial coin offerings (ICOs) and the trade of cryptocurrencies,” Reuters reported, adding: An arrangement to recognize digital currencies and electronic tokens as securities will come into force on Jan. 15, under the regulation of the Securities Commission Malaysia [SC].… Continue Reading

Third Ranking The Center for Information Industry Development (CCID), under China’s Ministry of Industry and Information Technology, officially released its third crypto project ranking last week. The list is composed of 31 crypto jobs. The centre began ranking 28 crypto jobs in May. It added 2 more projects: Nebulas and EOS the next monthbitcoin casino mobile… Continue Reading

Amendment Combines All Lawsuits Into a Single Instance A class action lawsuit that’s been filed on behalf of a range of individuals and entities is comprised by the complaint. All parties in the lawsuit claim to have suffered financially after transferring fiat currencies and cryptocurrencies to Bitconnect to invest in the Bitconnect Investment Programs, in… Continue Reading

Most Respondents Are Hodlers A poll was conducted in the first week of October by Indian cryptocurrency exchange Instashift exclusively for news.Bitcoin.com. Instashift offers selling and the buying of 80 cryptocurrencies. Fifty active dealers in India participated. The objective of the survey was to learn what they consider various crypto-related issues including their investment concerns,… Continue Reading