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Indian Official Suggests Ban On ‘Private Crypto’ Prior To Supreme Court Decision

Indian Official Suggests Ban on ‘Private Crypto’ Prior to Supreme Court Decision

India's secretary of Economic Affairs has recommended that the country’s Ministry of Finance to impose a ban on “private cryptocurrencies,” according to a report published by the Indian government press center Oct. 31.The Financial Stability and Development Council (FSDC), headed by India’s finance minister Arun Jaitley, held a meeting on the current economic and financial…
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Wasabi Wallet 1.0 Is Here To Make Bitcoin Transactions More Private

Wasabi Wallet 1.0 Is Here to Make Bitcoin Transactions More Private

Wasabi Wallet 1.0 went live today, October 31, 2018. The release, which Wasabi’s creator Ádám Ficsór humbly called “nothing revolutionary,” cleans up the software and makes it compatible with macOS. “The 1.0 release is a download and run that works properly on all platforms (Windows, Linux, OSX.) We made the wallet load time faster, caught…
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. Unfortunately, there are many misconceptions around energy use and why it’s required to safely and securely transact cryptocurrencies. During our ribbon-cutting ceremony…
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Binance Freezes Funds With Suspected Money Laundering Links From Controversial Exchange WEX

Binance Freezes Funds With Suspected Money Laundering Links From Controversial Exchange WEX

Troubled cryptocurrency exchange WEX.nz has seen its funds frozen by fellow exchange Binance after users claimed the exchange was involved in money laundering, CEO Changpeng Zhao confirmed on social media Oct. 29.In response to an alert by an online trader known as John James on Twitter, Zhao said Binance had quarantined funds sent from wallets…
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Indian Officials Met To Discuss Possible Ban On ‘Private Cryptocurrencies’

Indian Officials Met to Discuss Possible Ban on ‘Private Cryptocurrencies’

The Indian government is considering imposing a ban on what it calls "private cryptocurrencies" in the country. At the 19th meeting of the Financial Stability and Development Council (FSDC) on Tuesday, the country's finance minister Arun Jaitley discussed "the issues and challenges" of crypto assets and cryptocurrency, among other things, according to a press release…
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Hong Kong Stock Exchange Taps Digital Asset For Post-Trade Blockchain Trial

Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial

NEWS Oct 31, 2018 at 13:00 UTC  |  Updated  Oct 31, 2018 at 13:08 UTC The Hong Kong Stock Exchange (HKEX) has teamed up with distributed ledger startup Digital Asset to develop a blockchain platform for post-trade processing. The two firms are exploring the development of a blockchain-powered platform for HKEX's Northbound Stock Connect program, a…
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