Intercontinental Exchange (ICE), the Atlanta-based firm that owns the New York Stock Exchange, announced Friday that it plans to launch a digital assets platform and a bitcoin futures product. Called Bakkt, the platform will leverage Microsoft’s cloud to build “an…
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A New Bitcoin Mining Calculator Aims to Tell ‘Truth’ on Profitability
“We joke about it being bitcoin’s ‘unprofitability’ calculator.” That’s how CEO of RandomCrypto, Josh Metnick, described his newly released tool that calculates the profitability of bitcoin mining – the process of solving puzzles to earn bitcoin, usually only possible with expensive…
UK Member of Parliament Resigns as Blockchain Startup Advisor
A UK Member of Parliament (MP) has resigned from the advisory board of a cryptocurrency project after it was revealed that he was secretly getting paid for his services, the Financial Times reported Wednesday. Conservative MP Grant Shapps resigned from…
Steam Yanks Game From Marketplace Over Crypto Mining Allegations
Video game marketplace Steam removed an alleged crypto miner from its platform Monday amid user complaints, Motherboard reported. Steam’s parent company, Valve, booted Abstracticism from Steam for hijacking gamers’ processing power to mine cryptocurrencies. The company further banned the developer,…
Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain
A Dubai-based international court dealing with civil and commercial disputes in the financial industry is planning to launch what it calls a “Court of the Blockchain” to streamline legal operations. The Dubai International Financial Center (DIFC) Courts announced on Monday…
A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake
If any coin is going to fly under the radar, it makes sense for a privacy coin to do so. Spectre (not be confused with a separate project called SPECTRE), created two crypto tokens – the aptly named spectre token and…
Rejection Aside, Calls for a Bitcoin ETF Are Only Escalating
Karma is real. Just as the crypto community was – not so secretly – displaying its joy over Facebook’s historic stock loss, bitcoin’s price took a surprising drop below $8,000. A reaction to the news that bitcoin exchange-traded fund (ETF), one proposed…
New Crypto Mining Malware Targeting Corporate Networks, Says Kaspersky
Researchers at Kaspersky Lab have uncovered a new form of cryptojacking malware targeting corporations in multiple countries, the cybersecurity firm reported Thursday. PowerGhost, a form of fileless malware – which uses a system’s native processes to hijack a computer –…
Vietnam’s Securities Regulator Warns Industry to Avoid Crypto Activities
Vietnam’s securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies. In an announcement this week, Viet Nam News reported Wednesday, the State Securities Commission (SSC) said firms should avoid issuance, transactions or brokerage of…
Tron Foundation Officially Completes Acquisition of BitTorrent
File sharing software provider BitTorrent announced Tuesday that its acquisition by the Tron Foundation is now officially complete. BitTorrent said it will now operate from Tron’s new San Francisco offices and support the blockchain project’s global development, while continuing to serve…