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Bank of England Governor Wants Stablecoin Regulation, Dismisses Bitcoin
Bank of England Governor Wants Stablecoin Regulation, Dismisses Bitcoin
News  •  Bitcoin  •  Sep 02, 2020 by Nick Chong

Stablecoins, cryptocurrencies tied to the value of an underlying asset like the U.S. dollar, will likely soon face regulatory pressure as central banks and other regulatory agencies notice their ascent. Andrew Bailey, the incumbent Governor of the Bank of England, announced the central bank's intent to regulate

Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison
Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison
News  •  Bitcoin  •  Sep 02, 2020 by Andrew Yang

Colorado resident Bryan Conner Herrell has been sentenced to 11 years in prison for moderating disputes on the now defunct darknet marketplace AlphaBay.  AlphaBay formally launched on December 22nd, 2014, a month after the Silk Road was shut down by the FBI and Europol. It allowed the sale of similar

Kazakhstan to Make a $700 Million Bet on Bitcoin Mining
Kazakhstan to Make a $700 Million Bet on Bitcoin Mining

Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment. Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country&

News  •  Bitcoin  •  Sep 03, 2020
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Kazakhstan to Make a $700 Million Bet on Bitcoin Mining
Kazakhstan to Make a $700 Million Bet on Bitcoin Mining

Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment. Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country&

News  •  Bitcoin  •  Sep 03, 2020
Bank of England Governor Wants Stablecoin Regulation, Dismisses Bitcoin
Bank of England Governor Wants Stablecoin Regulation, Dismisses Bitcoin

Stablecoins, cryptocurrencies tied to the value of an underlying asset like the U.S. dollar, will likely soon face regulatory pressure as central banks and other regulatory agencies notice their ascent. Andrew Bailey, the incumbent Governor of the Bank of England, announced the central bank's intent to regulate

News  •  Bitcoin  •  Sep 02, 2020
Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison
Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison

Colorado resident Bryan Conner Herrell has been sentenced to 11 years in prison for moderating disputes on the now defunct darknet marketplace AlphaBay.  AlphaBay formally launched on December 22nd, 2014, a month after the Silk Road was shut down by the FBI and Europol. It allowed the sale of similar

News  •  Bitcoin  •  Sep 02, 2020
Zug Will Start Accepting Taxes in Bitcoin
Zug Will Start Accepting Taxes in Bitcoin

The canton of Zug, Switzerland, colloquially known as "Crypto Valley," has taken an enormous stride toward cryptocurrency adoption by enabling tax settlement in bitcoin and ether. Zug will accept tax payments in both cryptocurrencies as early as 2021. Following a pilot expected to take place within the next

News  •  Bitcoin  •  Sep 02, 2020
Developer Discovers “Ransom Attack” Exploit Within KeepKey and Trezor Wallets
Developer Discovers “Ransom Attack” Exploit Within KeepKey and Trezor Wallets

This article was updated with additional information on September 4th after the BTC Times received a response from SatoshiLabs. According to a developer of hardware wallet ShiftCrypto, an attack vector affecting KeepKey and Trezor devices could allow hackers to hold crypto funds ransom.  The developer goes by Marko and writes

News  •  Bitcoin  •  Sep 02, 2020
Tesla Employee Turns Down Hacker’s $1 Million Bitcoin Bribe
Tesla Employee Turns Down Hacker’s $1 Million Bitcoin Bribe

A "serious" ransomware attack on Tesla's Gigafactory was derailed after one plucky employee resisted a million-dollar bitcoin bribe from a Russian hacker. According to a complaint published by the Department of Justice last week, a Russian national was arrested for allegedly attempting to introduce malware to

News  •  Bitcoin  •  Sep 01, 2020
Peter McCormack's #BitcoinJourney
Peter McCormack's #BitcoinJourney

Peter McCormack is a podcaster, moderator, filmmaker, and the creator of What Bitcoin Did, a Bitcoin-focused podcast launched in 2017 that counts more than 250 episodes and has grown to over 280,000 downloads a month. In 2019, Peter kicked off his second podcast Defiance, which branches out into a

interview  •  Bitcoin  •  Sep 01, 2020
Bitcoin Developer Pieter Wuille Leaves Blockstream, Joins Chaincode Labs
Bitcoin Developer Pieter Wuille Leaves Blockstream, Joins Chaincode Labs

In 2014, engineer Pieter Wuille abandoned his post at Google to join the Bitcoin development company Blockstream as a co-founder and core engineer. The developer is now moving on to Chaincode Labs, a research and development group focused on Bitcoin and related technologies. His exact job title is currently unknown.

News  •  Bitcoin  •  Sep 01, 2020
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