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Fake Tx. into mempool

Cryptocurrency news Is it possible for a malicious attacker to download a bitcoin software code, modify that code and use that software for his own benefit? I know that any changes implemented in the bitcoin software must be accepted by the majority nodes in the bitcoin network. But, here, consider that the malicious attacker doesn’t need to use that modified …

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Bitcoin and Cryptocurrencies Are Commodities, Federal Court Rules

Cryptocurrency news Courts, financial regulators, legislators and governments around the world are struggling to fit bitcoin into their existing frameworks. Different legal definitions for the disruptive innovation that is cryptocurrencies can have profound ramifications for the instruments in each jurisdiction such as what agencies will regulate them, under what laws, and how users will be taxed, if at all. A …

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Is the Legacy of Mt. Gox Still Impacting the Price of Bitcoin?

Cryptocurrency news Nobuaki Kobayashi, a Japanese attorney and trustee in the bankruptcy case of Mt. Gox, has stated today that he has sold over $400 million worth of BTC and BCH. Apparently, the sales have been ongoing since September. According to a statement, Kobayashi is selling the digital assets to raise money for creditors who lost out thanks to the …

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US: Cryptocurrency Trading Platforms Must Be Registered With SEC

Cryptocurrency news In the US, the SEC has issued a public statement reaffirming registration and regulatory requirements for online platforms trading cryptocurrencies. The US Securities and Exchange Commission (SEC) now requires that platforms trading digital assets which meet the definition of a security must register with the agency as an exchange,  according to a public statement issued by the regulatory …

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Civic and Votem’s Partnership Accelerates Blockchain-Based KYC Process

Cryptocurrency news Identity verification is paramount to global freedom and citizen access to public services. We see many examples of this today in terms of how barriers to documentation adversely impact issues like democratic voting processes, especially among homeless communities and refugee settlements. Today’s developments in blockchain technology are now enabling solutions to these and many other verification issues. The …

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How to Enable Two Factor Authentication at SpectroCoin?

Cryptocurrency news SpectroCoin, an all in one solution for cryptocurrencies, ensures the security of its user transactions  by using Two Factor Authentication or 2FA method for transactions and is further enhancing its security by introducing this feature to log in as well. What Is Two Factor Authentication? The Two-Factor Authentication system is a safety tool used for increasing customer security in various …

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Swedish Government Land Registry Soon To Conduct First Blockchain Property Transaction

Cryptocurrency news Swedish land registry Lantmäteriet is soon going to conduct their first Blockchain property sale with volunteers after two years of testing. Sweden’s land-ownership authority, the Lantmäteriet, is soon expected to conduct their first Blockchain technology property transaction after two years of testing, the Wall Street Journal (WSJ) reported Wendesday, Mar. 7. Lantmäteriet is currently shortlisting volunteers to participate in …

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US Judge Rules Cryptocurrencies are Commodities

Cryptocurrency news U.S. District Judge Jack Weinstein in Brooklyn ruled that the Commodity Futures Trading Commission (CFTC) has standing to regulate cryptocurrencies as commodities. The financial watchdog first determined that virtual currencies are commodities in 2015. Cryptocurrencies are commodities The ruling gives the CFTC the needed authority to bring a fraud lawsuit against Patrick McDonnell, a New York resident charged with cryptocurrency fraud …

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