Crypto News 

Coincheck Partially Reinstates Monero Support…

“Coincheck reopens sales and withdrawals of Monero despite the ban by the FSA. It is an interesting development which can set a nationwide precedent” writes Jp Buntinx for livebitcoinnews.com. These new developments come right after introducing new mandatory verification standards for users.The next development came in the form of banning Monero, Dash, and ZCash trading. Source: livebitcoinnews.com Share This:

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Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins, Report Says

“Japanese regulators suggested preventing cryptocurrency exchanges from trading anonymity-oriented altcoins Dash (DASH) and Monero (XMR) this month, Forbes reports today, April 30” reports cointelegraph.com. In light of Japanese exchange Coincheck’s $530 mln hack in January of this year, the FSA has scrambled to ensure a repeat performance does not befall Japan’s crypto sector.While official plans for the coins have not surfaced from the FSA, exchanges looking to stay on the right side of the regulators should soon receive sanctioned assistance from Japan’s new self-regulatory body which came into being last…

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First Ledger-to-Ledger Monero Mainnet Transaction…

“With hardware wallet support, Monero will gain more legitimacy as a whole” writes Jp Buntinx for livebitcoinnews.com. Monero support is finally coming to ledger hardware wallets.More specifically, Ledger hardware wallet support is pretty significant.For now, we don’t know when Monero integration will officially come to the Ledger wallet. Source: livebitcoinnews.com Share This:

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What Is an ASIC Miner and Is It the Future of Cryptocurrency?

“The question for Buterin was whether the centralization of ASIC production was actually a bad thing for a cryptocurrency network” reports vice.com. Here’s everything you need to know to get up to speed on the good, the bad, and the ugly when it comes to ASIC mining.This change has been part of Ethereum’s development roadmap for years, and as it happens it’s also the most effective way to block ASIC mining. Source: vice.com Share This:

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Harvard Economist: Bitcoin More Likely to Hit…

“A Harvard professor and economist has made the bold claim that bitcoin will more likely be worth $100 in 10 years rather than $100,000” writes Rebecca Campbell for livebitcoinnews.com. Basically, if you take away the possibility of money laundering and tax evasion, its actual uses as a transaction vehicle are very small.However, while Rogoff is claiming that bitcoin is used for money laundering that doesn’t appear to be true.Daniele Nouy, the European Central Bank’s chief supervisor, said last month that regulating cryptocurrencies such as bitcoin weren’t a high priority for…

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Cryptocurrency ransom demands popped up in recent cyberattacks

“Inserting the note into DDoS code ensures that the targets security analysts will see it as they investigate the attack data” writes Adam Rosenberg for mashable.com. Security researchers with the internet services company Akamai have noticed something unusual as they’ve responded to a spate of recent DDoS attacks.One of the most common, and irritating, cyberattacks — the distributed-denial-of-service (or DDoS) — now has the potential to come with a twist of cryptocurrency mining. Source: mashable.com Share This:

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