news

The Satoshi Roundtable: Is There a Consensus?

Last weekend, the second international conference Satoshi Roundtable featuring the industry’s stakeholders was held to discuss the issues of network scalability and community development. The event held at a secret venue, allegedly somewhere in Florida, US, featured around 75 attendees representing almost any prominent company and startup, alongside with leading developers. While block size debate […]

Russian Draft Law Criminalizing Cryptocurrecnies to Be Reviewed in June

The draft law developed by Russian Ministry of Finance, which implies criminal punishment for issuance and turnover of crytocurrencies, will be submitted to the parliament in June at the latest, TASS reported citing a source in the ministry.

FDCS of Russia: Drug Dealers Use Bitcoin 20 Times as Often

According to RIA Novosti, Dmitri Buyanov, eputy head of the Federal Drug Control Service of the Russian Federation, has stated that Russian drug dealers started using cryptocurrency twenty times as often during the last year.

Russian Company Acronis to Develop a Blockchain Project

According to Vedomosti, Russian developer company Acronis intends to integrate blockchain technology in its backup solutions. Acronis, headquartered in Singapore, develops storage and backup software solutions for international markets. According to the company’s CEO, Sergei Belousov, 3% of overall sales account for Russia, 40% for Europe, 35% for Americas, and 25% for Asia and the […]

Confirmed: One More Exchange To Launch Ethereum Trading

Good news for Ethereum community and especially Indian traders: the bitcoin exchange BTCXIndia confirmed its plans to offer ETH/INR trading pair starting March 9. The official press release to be issued on March 5.

Bitcoin to Be Integrated into Syscoin Platform for Decentralized Markets

Syscoin developers have announced integration of bitcoin payments in their decentralized market. From now on, users won’t have to buy SYS tokens to make purchases, and some amount of coins would suffice to use additional functionality.

The Bitcoin Roundtable Proposes Hard-Fork Timeline

Following an 18 hour-long meeting in Hong Kong, a group of miners representing nearly 80% of the network’s hash power, alongside with representatives of several prominent exchanges, issued a timeline for introducing a hard-fork solution.

EuroTrip: Bitcoin Tour Film Shooting to Begin in Russia

A filming group from Russia is heading for a eurotrip on a condition of spending bitcoins only during the journey.

Russian Central Bank to Apply Blockchain Tech

Russian authorities are traditionally cautious when it comes to cryptocurrencies, as they suspect virtual money may be used to finance terrorist organizations and possible rebellous activities. For that reason, the government continuously removes any possibility of anonymity in financial transactions. However, the Central Bank of Russia actively researches new technologies, including blockchain.

Museum of The Future Launches Global Blockchain Coincil in Dubai

The Museum of the Future, an innovation center in the United Arab Emirates, has announced it creates the Global Blockchain Council, incorporating 32 members, including three blockchain startups, BitOasis, Kraken, and YellowPay. Other members of the council are government entities and international technological corporations, like Cisco, IBM, SAP, and Microsoft. The Dubai’s media office stated […]

MtGox Trustee States Creditor Repayment Has Made Significant Progress

Kraken, a cryptocurrency exchange assisting the trustee for MtGox collapse investigation, has released a statement on his behalf, noting that reviewing of claims from the defunct exchange’s customers has made a significant progress. MtGox halted operations in February 2014, when then-CEO Mark Karpeles stated the exchange had suffered from a hacker attack resulting in theft […]

Ukrainian Bitcoin Exchange Halts Operations Following an Explosion at Local IT Company’s Office

Ukrainian bitcoin exchange Obi.co announced it temporarily shuts down operations due to termination of financing. The company’s support service sent e-mails to all users of the exchange notifying them of the closure. Notably, the letter also states that the exchange’s employees cannot access their work places. For that reason, the support service operates at home.