The crypto world mourned the death of Timothy C. May, the co founder of Cypherpunks who reportedly died of natural causes. The news of his death was posted by a Facebook tribute post put up by cypherpunk Lucky Green on Dec. 15. In his social media post, Green informed: “Word has reached me that my dear friend, co-conspirator in many things and for…
TEMCO, the world’s first ever Bitcoin based supply chain data platform recently announced that it will initiate a pre-sale on December 17th. Also, the pre-sale in itself is a ‘first ever’ pre-sale on CoinBene; which has therefore, stirred many crypto industry participants. The pre-sale from TEMCO will kick-start at a attractive bonus rate of 11 percent. Users can buy TEMCO…
While the entire world is studying, analyzing and proposing to change their financial laws to open up for new possibilities brought in by cryptocurrencies, India seems to be taking an opposite stance. In April this year, the government had implemented a blanket ban on the use of cryptocurrencies and had instructed all banks to cease crypto-to-rupee transactions. This implied that…
Mark Karpeles, the former CEO of Mt. Gox. may get 10-year long imprisonment on the charge of fraud and embezzlement, as per the reports by Nikkei Asian Review. The proceedings took place in the Tokyo District Court. The charges on Karpeles are to deflect company funds into different ventures. He is also prosecuted for crushing the confidence of Bitcoin users.…
According to the Finance Minister of the province of Alberta, Joe Ceci, the city of Calgary will see a launch of a state cryptocurrency, as reported by the Canadian Global News. It will be the first ever ‘state cryptocurrency.’ Unlike the tendency of other cryptocurrencies to latch on the global financial market, Calgary Dollars has a different focal point. The…
As per the latest survey report revealed by Humans.net, it has been observed by CCN’s Joseph Young that 38% (385) of the 1100 people opt to use cryptocurrencies on a regular basis or periodically who are living and working in the US. However, 41% speaks of that proportion who either didn’t use it or they have not heard it before.…
Warren Davidson, Republican Congressman, and a Bitcoin fan is planning to introduce federal legislation which will be responsible for the regulation of the initial coin offerings (ICOs) and cryptocurrencies. As per Cleveland report, the bill will create an “asset class” for tokens, which ultimately will prevent them from “being classified as securities, but would also allow the federal government to…
