Philippine’ SEC Approve New Draft Law for Cryptocurrencies and ICOs
The Philippines Security and Exchange Commission, (SEC) approved new draft rules for initial coin offering. According to reports, the new rules will provide a legal platform for traders to sell their cryptocurrencies. SEC Chairman Emilio Aquino released the new draft rules on August 2 in Malina. During the announcement, he stated that the government is… (0 comment)

Qiwi Employee Used Company Machines To Mine 500,000 Bitcoin And Lost It All
The CEO and majority shareholder of Qiwi- a Russian e-payment firm, Sergey Solonin, revealed that a company employee had mined 500,000 bitcoins in 2011 using his hardware without his knowledge. Solonini told the story while addressing students at the Moscow Advanced Communication School last week on  Wednesday. According to reports, Solonin discovered that one of… (0 comment)

Etherscan Gets Hacked
  Hacking cases in the cryptocurrency industry are becoming more frequent costing the exchanges hundreds of millions this year alone. Etherscan became the latest hacking victim on Monday after an unknown person hacked its sites. According to reports, the hacker was able to penetrate Etherscan’s system and leave pop-up text that stated: “1337,” decades’ old… (0 comment)

Bitcoin Price at Lowest Since November 2017 peak
On Friday, 27th June 2018, the price of Bitcoin had fallen to a low of 5,791 US dollars. There has been media speculation about Bitcoin getting wiped out, including this Independant article. This does not seem to have any merit on it’s own, considering that many markets around the world are down. Compared to last year, it… (0 comment)