Cryptocurrency

India 10 year sentence crypto
Cryptocurrency

India Ponders Punishing Bitcoin Holders with 10 Years in Prison

Yesterday, June 8th 2019, Indian media outlets reported the release of a draft bill to ban cryptocurrencies in the country. The proposed bill is titled "Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019", and it suggests stiff penalties for anybody who is involved with cryptocurrencies such as...
gatehub xrp hack
Cryptocurrency

GateHub Hacked for 23m XRP Worth $10m USD

Yesterday, June 6th 2019, cryptocurrency wallet service, GateHub, announced that 100 of their XRP ledger wallets had been compromised. As a result roughly $10m USD worth of Ripple's XRP has been stolen. Within the GateHub announcement they mention that the company was alerted to the attack by members of their...
Switcheo EOS DEX
Cryptocurrency

Switcheo Exchange Now on EOS

Today, May 18th 2019, the team behind the Switcheo cryptocurrency exchange took to their Medium blog to announce that they have now gone live on the EOS blockchain. The launch comes as a result of a partnership with finance based research and development company Obolus. Switcheo and Obolus' partnership sees...
facebook globalcoin
Cryptocurrency

Facebook Seeking Partnership With Gemini and Coinbase

Yesterday, May 24th 2019, The Financial Times reported that social media network, Facebook, had held talks with US based cryptocurrency exchanges, Gemini and Coinbase. The talks are, apparently, in order to discuss the possibility of adding Facebook's proposed GlobalCoin cryptocurrency to both of the high liquidity exchanges, in 2020. According...
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