Month: March 2018

Inventor of BitTorrent Now Working on a Green Crypto Project

Inventor of BitTorrent Now Working on a Major Crypto Project Bram Cohen, best known as the creator of BitTorrent, is now working on a new cryptocurrency project called Chia. At its core, Chia plans to provide a green alternative to current mining practices, one that decreases the chance of centralization through mining practices. Green Technology Bitcoin …

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Multinational Crypto Organization to File Lawsuit Against Tech Companies for Ad Ban

Blockchain Bites Back with Legal Claim A coalition of cryptocurrency and blockchain organization won’t be taking big tech’s recent ban of crytpo-related ads sitting down. Originally reported by the Russian news outlet TASS, blockchain organizations in Russia, South Korea, and China are taking Google, Facebook, Twitter, and Yandex to court.  The Eurasian coalition is filing …

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South Korean Exchange Paying Users to Report Illegal Crypto Schemes

The Kakao-backed cryptocurrency exchange Upbit has launched a system to reward users for identifying fraudulent multi-level schemes related to cryptocurrencies. The exchange has already identified and reported 20 such schemes to the police. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Reporting Illegal Schemes South Korea’s largest cryptocurrency exchange Upbit has invited …

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Controversy Turns to Closure as Litepay Shuts Down

Litepay CEO Terminates Project Operations, Plans to Sell Company After Butting Heads with Litecoin Foundation Litepay, a Litecoin-specific payment processor, is closing up shop–until it finds a buyer, that is. According to a blog post released today by the Litecoin Foundation, Litepay CEO Kenneth Asare is ceasing all operations in preparation to sell the company. …

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