I have been following blockchain and crypto technology since its emergence.
Cryptocurrency wallet service, Blockchain announced today that they have hired an Ex- Goldman Sachs executive Breanne Madigan to join this month. This was done to help boost its presence with institutional clients. According to CNBC, Madigan has been at Goldman Sachs since 2003. Madigan worked there as head of institutional...
Philippines Securities and Exchange Commission (SEC) published a warning on their website to Cloud Mining services to not promote their business model without registering with SEC. Cloud Mining companies in the Philippines own a contract of pre-purchased hashpower from a remote mining company. According to Bitcoin.com, the Cloud mining...
In Spain, the criminals are money laundering for illegal activities using cryptocurrency. Operation Tulipan Blanca was conducted by the Spanish and Finnish authorities and Homeland Security Investigations of United States. According to Europol, In this Operation, the authorities had to track down the criminals who laundered money made by selling...
Last week the Finance Minister of Poland announced that the income from the cryptocurrency needs to follow income Tax rules. The Finance minister then published an information which consisted the country’s tax code. The information consists of two types of tax brackets 18% and 32% which was disturbing for...
CEO Steve Long, president, and CEO of Hancock Regional Hospital was forced into paying bitcoin to hackers. It was in the month of January this year. Long was notified that his computer systems were hacked and encrypted through ransomware planted by an anonymous criminal group. As reported by CNBC this...
The Financial Services Agency of Japan temporarily suspended the trading activities of 2 cryptocurrency exchanges. It also sent a notice to another cryptocurrency exchange. Ever since the hack of $ 534 million from a Japanese cryptocurrency exchange, the regulators in Japan have become much more alert to the risks revolving around...
