Japanese Exchange Zaif Hit With Third Improvement Order, Revises Hack Estimate

Zaif Hit With Third Improvement Order, Revises Hack Estimate

Japan’s top financial regulator has issued hacked crypto exchange Zaif a third business improvement order. The exchange has revised its theft estimate, after discovering that 42,327 BCH were also stolen in addition to 5,966 BTC. Zaif has also signed agreements with two companies for their help with repaying customers and improving its security system.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Third Business Improvement Order

Japan’s Financial Services Agency (FSA) issued a third business improvement order to Tech Bureau Inc. on Tuesday, Sept. 25. Tech Bureau is the operator of crypto exchange Zaif which was hacked on Sept. 14 but the breach was not detected until Sept. 17. Zaif is one of Japan’s 16 regulated crypto exchanges.

Zaif Hit With Third Improvement Order, Revises Hack EstimateIn its order, the FSA has given the firm until Sept. 27 to submit written reports to explain the situation. Three key areas must be addressed. The first concerns the “Determination of the facts and causes of the leakage…and [the] formulation and execution of measures to prevent recurrence.” The second concerns the “Prevention of customer damage increasing.” The third is about the firm’s “Response to customer damage,” including how it plans to compensate customers.

The order also requires the firm to “review and implement concrete and effective improvement plans” relating to security breaches as outlined in the previous two business improvement orders. The first order was issued on March 8 and the second on June 22.

Zaif Hit With Third Improvement Order, Revises Hack EstimateZaif’s security problem was outlined in the March business improvement order. The agency’s on-site inspection of the exchange at the time revealed system failures and many instances of unauthorized withdrawals. The regulator noted that the exchange’s management team had not “taken appropriate measures to prevent reoccurrence” and had not provided its customers with appropriate disclosure.

Zaif Revises Theft Estimate

Zaif Hit With Third Improvement Order, Revises Hack EstimateWhen Zaif first discovered the breach last week, only 5,966 BTC were confirmed stolen.

The exchange has since revealed that 42,327 BCH and 6,236,810 MONA were also stolen. The stolen crypto belonging to customers total 2,723.4 BTC; 40,360 BCH; and 5,911,859 MONA.

The exchange has also revised its overall theft estimate to approximately 7 billion yen (~$62 million), 4.5 billion yen (~40 million) of which belong to customers.

Zaif’s Plan to Repay Customers

Zaif Hit With Third Improvement Order, Revises Hack EstimateTech Bureau explained that, after the breach was detected, it signed a capital alliance agreement with Fisco Digital Asset Group Co. Ltd., a subsidiary of Jasdaq-listed Fisco Corporation, for help with repaying customers in exchange for the majority of its shares.

Fisco independently announced last week that its basic agreement with Tech Bureau includes “financial support amount of 5 billion yen [~$44.3 million],” which it believes to be sufficient to cover customer damages. “If [the total] damage amount fluctuates after future investigation, we will review again,” the firm emphasized.

In addition, Tech Bureau has entered into an agreement with another Jasdaq-listed company, Caica Corporation, to obtain technical support to improve its security system.

What do you think of Zaif’s situation? Let us know in the comments section below.


Images courtesy of Shutterstock, FSA, Zaif, and Fisco.


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Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

Banks Freeze Business' Accounts After Owner Traded on Localbitcoins

The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins.

Also Read: P2P Exchange Options Increasing for Crypto Traders in India

HSBC and Barclays Freeze Accounts of 50cycles

Scott Snaith, the owner of cryptocurrency mining electric bicycle retailer, 50cycles, has sought to deter businesses from partnering with U.K. high street banks after his company was thrown into “chaos” following the freezing of his business’s accounts.

Mr. Snaith’s accounts were frozen by HSBC and Barclays just hours after he conducted five-figure BTC transactions via peer-to-peer trading platform Localbitcoins, in which he sold BTC for fiat currency that was deposited into his personal bank accounts, and not his company’s accounts. Mr. Snaith asserts that the transactions were “entirely transparent and above board,” adding that his trading partners were U.K. account holders with verified identification. Mr. Snaith stated that no explanation was offered for the account closures, describing himself as being the victim of “financial discrimination.”

“My two personal bank accounts and business account were frozen for using a well-known bitcoin trading site. No unlawful activity has taken place but just because the word ‘Bitcoin’ was mentioned my accounts were locked instantly. A ‘senior fraud advisor’ then closed my complaint off – leaving me with no choice but to take the issue to the Financial Ombudsman for appeal. This situation is a complete nightmare and the knock-on effects have been unbelievable. One of my staff left as they had just had a baby and couldn’t afford to be in a job that was unable to pay them, which isn’t surprising,” Mr. Snaith said.

HSBC Reinstates Account, Barclays Refuses

Banks Freeze Business' Accounts After Owner Traded on LocalbitcoinsWhilst HSBC have reinstated Mr. Snaith’s account, Barclays maintained the freeze. Mr. Snaith stated: “I’ll never be able to bank with Barclays again. I’m a professional business owner taking advantage of new financial technologies and it looks like the banks are failing to keep up with their customers’ habits. We are the ones being punished. The banks are deliberately creating obstacles. They are anti-digital currency and displaying a new form of financial discrimination.”

“To me, this is a clear case of the high street banks abusing their power. It is not a criminal matter but a personal, corporate decision that someone has made. In my mind, that’s wholly wrong, and I am sure there are many other victims that are even less fortunate than myself,” he added.

What is your reaction to the freezing of 50cycles’ accounts? Share your thoughts in the comments section below!


Images courtesy of Shutterstock


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Five Universities Offer Crypto Courses in Spain, Argentina and Venezuela

Five Universities Offer Crypto Courses in Spain, Argentina and Venezuela

Five universities across three Spanish-speaking countries are now offering crypto courses. Among major topics of studies are Bitcoin, Ethereum, cryptocurrencies, blockchains, initial coin offerings (ICOs), smart contracts, DAOs, and crypto-economics.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Universidad de Alcalá, Spain

Universidad de Alcalá is a public university located in Alcalá de Henares, Madrid. It is a Unesco world heritage site and one of the longest standing European universities, dating back to the year 1293.

Five Universities Offer Crypto Courses in Spain, Argentina and VenezuelaThe school now offers a course entitled “Master in Ethereum, Blockchain Technology and Crypto-Economics.”

The course is intended for “Professionals, students or those interested in learning about blockchain-based technologies from an integrative perspective of technical, economic, social and legal aspects,” the school’s website details. “The objective of the study is to provide comprehensive training in the field of blockchain technology, DAOs and smart contracts, including cryptocurrencies as a special and transversal case, from a triple perspective: technological, economic-financial and regulatory.”

Five Universities Offer Crypto Courses in Spain, Argentina and Venezuela

Universidad Autónoma de Madrid, Spain

Universidad Autónoma de Madrid (UAM), the Autonomous University of Madrid, is a public university located on the north side of Spain’s capital city. Established in 1968, the school is currently offering a short course, from July 18 to 20, entitled “Blockchain: from cryptocurrencies to business networks.”

Five Universities Offer Crypto Courses in Spain, Argentina and Venezuela“In this course, the technical foundations of the Bitcoin blockchain will be introduced, with an eminently practical approach, showing its limitations and placing special emphasis on the problems it poses regarding the intelligent management of records and their authorship,” according to the course description.

“As solutions to these problems, the concept of smart contract and its implementation and use will be introduced in Ethereum and Hyperledger. Finally, in the context of a roundtable, possible models and business networks based on blockchain will be discussed.”

Universidad Europea Madrid, Spain

Universidad Europea Madrid, the European University of Madrid, is a private university with more than 16,000 students. The school offers a 6-month postgraduate diploma in Bitcoin and blockchain which starts in October.

Five Universities Offer Crypto Courses in Spain, Argentina and VenezuelaSix modules are included in the course: blockchain technology; basics of Bitcoin; security and investigation of the blockchain; legal aspects linked to cryptocurrency; innovation with the blockchain; and project development.

“When you finish the course you will be able to analyze in a critical way the technical and legal viability of solutions based on blockchain technologies and to develop integral projects related to cryptocurrency,” the school describes. “You will be a professional in the technology sector capable of identifying innovative opportunities beyond the conventional use of technology, adding value to any company in the ICT or financial sector.”

Instituto Tecnológico de Buenos Aires, Argentina

Five Universities Offer Crypto Courses in Spain, Argentina and VenezuelaInstituto Tecnológico de Buenos Aires (ITBA), the Buenos Aires Institute of Technology, is a private university focusing on information technology, business and engineering studies.

Five Universities Offer Crypto Courses in Spain, Argentina and VenezuelaThe institute offers a diploma course entitled “Cryptoeconomics: blockchain intelligent contracts and cryptocurrencies,” which runs from July 11 through September 26.

“It is designed especially for people who start from scratch or with very basic knowledge and who want to learn the reasons, mechanics and disruptive opportunities at a monetary, technological level and as a form of investment that is in the present and future in the world of crypto-economies.”

According to the institute:

The program is aimed at anyone who wants to start and acquire the basic and intermediate knowledge to understand the world of cryptocurrencies, tokens, ICOs, smart contracts and the different types of blockchains.

Instituto de Estudios Superiores de Administración, Venezuela

Five Universities Offer Crypto Courses in Spain, Argentina and VenezuelaThe Instituto de Estudios Superiores de Administración (IESA) is a private non-profit Venezuelan business school with campuses in Caracas, Maracaibo and Valencia. It was founded in 1965.

The school is currently offering a course entitled “Cryptocurrency, blockchain and business in the new economy, opportunities and challenges for management and business.”

The 60-hour course runs from July 20 to September 29. Its content includes “bitcoin, cryptocurrencies and the evolution of money” as well as “international experiences in the regulation of bitcoin and blockchain technology.” The course also offers to teach students “entrepreneurship in the new economy and its digital transformation,” as well as “fintech as a result of the innovation of the new economy on the financial system and means of payment.”

Five Universities Offer Crypto Courses in Spain, Argentina and Venezuela

Do you think soon all universities will offer crypto courses? Let us know in the comments section below.


Images courtesy of Shutterstock, Unesco, Universidad de Alcalá, Universidad Europea, ITBA, and IESA.


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PR: Bcshop.io Launches Ethereum Based E-Commerce and Payments Platform

Bcshop.io Launches Ethereum Based E-Commerce and Payments Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

In rapidly developing blockchain industry the lack of useful dApps is a vivid stopping factor for cryptocurrency mass adoption. There are little to no ways to use BTC, ETH or other crypto except for investments or speculations. Targeting exactly this problem, BCShop.io releases the platform where Ethereum ecosystem is provided with real utility value. Being available in test network for months, the product is finally launched in main network at https://bcshop.io/.

The platform opens up great possibilities for cryptocurrency users to buy and sell goods and services with amazing benefits Ethereum blockchain provides. Focusing on digital products at the start, BCShop.io will be expanding to all areas of e-commerce and payments with cryptocurrency tech and regulation evolution.

Available without any software installation and registration, the platform utilizes user’s Ethereum wallet address as one’s unique identifier allowing to access all functions via one of the most popular methods: Trezor, Ledger, Metamask, Keystore and private keys are supported. With pleasurable user experience in mind, BCShop.io aims to become one stop solution for new age of blockchain powered e-commerce and payments.

“We are not cloning Amazon or E-Bay adding native cryptocurrency support. We are reinventing e-commerce and payments enhancing it with amazing opportunities blockchain technology has to offer. Today BCShop.io platform already supports automated business logic and incredibly low fees, smart escrow and unforgeable reputation system, decentralized exchange integration and flexible payment and pricing options. There are even more features to be implemented after initial launch.” States BCShop.io CEO and Founder Vladlen Manshin.

Made available thanks to successful token sale, the platform utilizes its native BCS token at full capacity by providing exclusive utility benefits to token holders. Functions implemented right from the start include 50% fee discount for merchants, cash back reward program for buyers as well as alternative to ETH payment option. Token purchase can be made right at the BCShop.io website due to seamless decentralized exchange integration.

As main network has been launched, heavily focused on development BCShop.io company is now looking for strategic partnerships to further promote cryptocurrency mass adoption. Strategic cooperation regarding enabling cross chain payments for goods and services, on-chain and off-chain private data management, alternative blockchains supports, stable coins support and global promotion to target audience is of very high priority. Business propositions are highly welcomed at bcshop@bcshop.io.

Supporting Link
https://bcshop.io/

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Bitcoin in Brief Tuesday: Wary Giants, Eager Dwarfs

Bitcoin in Brief Tuesday: Wary Giants, Eager Dwarfs

For some obvious reasons, but also irrational fears, big players like China, Russia, and the European Union are wary of cryptos like bitcoin. Centralized control doesn’t square with decentralization. However, often that’s not how their own regions and smaller neighbors feel about cryptocurrencies. In today’s Bitcoin in Brief we cover some recent developments mirroring this divergence of interests. The balance between center and periphery is likely to determine the future of cryptocurrencies in Eurasia and beyond.

Also read: Bitcoin in Brief Monday: Snatching Blockchain, Tracking Bitcoin

Only Cryptoyuan, Only Cryptoruble

China will not allow any cryptocurrency other than a digital yuan, a Chinese entrepreneur recently told Russian media. Huan Zhang’s company, DAEX Blockchain Group, is working on a clearing ecosystem for cryptocurrencies in collaboration with Russian counterparts. She believes the decentralized nature of blockchain technologies and a centralized clearing platform should be balanced well for the crypto market to function properly. “China treats the blockchain in a positive way, but fears cryptocurrencies,” Zhang told Sputink. “The central bank is working on its own digital coin, cryptoyuan, and authorities won’t allow any other cryptocurrency in the country,” she said on the sidelines of the economic forum in Yalta, Crimea.

The Central Bank of Russia is also wary of decentralized cryptocurrencies. On multiple occasions, its representatives have spoken against their uncontrolled circulation and free exchange. The idea of a cryptoruble has its supporters among Russian officials, including in the CBR. For many Russian regions, however, a centralized crypto as a state-issued alternative is simply not good enough. The western exclave of Kaliningrad and Russia’s far-eastern capital Vladivostok, for example, are willing to create offshore zones for businesses working with decentralized cryptocurrencies.

Crypto-Crimea Planned

Bitcoin in Brief Tuesday: Wary Giants, Eager DwarfsThe Autonomous Republic of Crimea, which hosted the Yalta Forum, has been dealing with sanctions since it joined the Russian Federation. Local officials are convinced that a vibrant crypto sector could help the region overcome international isolation and develop economically. They have recently asked for permission to set up a crypto offshore zone, crypto exchange, crypto cluster, and even issue a Crimean crypto. The Russian Cryptocurrency and Blockchain Association is actually working on a “Crypto-Crimea” plan encompassing all proposals.

Forget about China, Think of Hong Kong

Beijing’s crackdown on cryptocurrencies has turned China’s own Special Administrative Region of Hong Kong and the Asian city-state of Singapore into wanted destinations for investors and businesses raising crypto funds. The number of startups launching initial coin offerings (ICOs) in these two territories has sky-rocketed in recent months, according to local fintech entrepreneurs, lawyers, and industry organizations. “Yes, there has been a lot of activity,” said Anson Zeall, chairman of Singapore’s Association of Cryptocurrency Enterprises and Startups. Like many others in the sector, he thinks the increase is related to China’s retreat from ICOs.

Bitcoin in Brief Tuesday: Wary Giants, Eager DwarfsThanks to its independent legal system, Hong Kong has also seen significant ICO growth. As reported by Chinese media, all ICO platforms and Bitcoin exchanges have already exited the Chinese market as a result of official warnings of the risks associated with investing in these projects. Well, others, including Hong Kong, which is part of China, are still willing to accept the risks, supporting innovation and economic growth.

Europe and the Europeans

While United Europe has recently confirmed serious intentions to end anonymity for crypto traders, with a vote in the European parliament last week, crypto exchanges are not turning back on Europeans, not yet. Many trading platforms have decided to move closer to the Old Continent, not too close, though – Switzerland, Gibraltar, Malta, even the exiting UK.

Bitcoin in Brief Tuesday: Wary Giants, Eager DwarfsMaltese authorities are on a crusade to make their island the friendliest jurisdiction for the crypto sector. Proposed regulations are tailored to provide crypto exchanges, brokerages, asset managers, and crypto users with “legal certainty”. Two of the world’s largest cryptocurrency trading platforms have confirmed intentions to relocate operations to Malta. Binance, which announced it is moving to the “Blockchain Island”, recently said it will hire up to 200 people there. Following its decision, the Chinese rival Okex said it’s also coming to island. Other crypto companies have followed in their footsteps, including Berlin-based blockchain firm Neufund and the gaming platform operator Abyss.

Looking to expand beyond Asia, another Chinese exchange, Huobi, is planning to set up an office in London, despite Brexit. “Our statistics show that London is the most active trading scene across Europe,” Chern Chung, Huobi’s senior business development manager for Europe, has been quoted as saying. “Absolutely – London, Britain is the entry point for the European market for us,” Vice-President of Huobi Group Peng Hu confirmed.

Beyond Eurasia

Crypto businesses are often known for swimming against the stream. The crypto exchange Golix, which has recently felt the heat from competition in bitcoin-loving Zimbabwe, has announced plans to expand its operations to neighboring South Africa. In partnership with the local crypto hub Blockstarters, the trading platform wants to increase its network on the continent, tapping into the very active South African market.

Authorities in the regional powerhouse have recently taken steps to tax crypto incomes and transactions, which can curb crypto trade. On the other hand, self-regulation has been mentioned as a solution for the South African crypto sector. So, at the end of the day, Golix might have taken a sound business decision.

Do you agree that the diversity of interests in each country and region helps cryptocurrencies? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


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PR: DIWtoken.com Proposes the Creation of a Global, Blockchain-Based Network to End Online Fraud and Data Breaches

DIWtoken.com End Online Fraud and Data Breaches

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

DIWtoken.com wishes to achieve global data and service exchange security via the introduction of a global digital network running on blockchain technology. To materialise its aspiring project, DIW announces its Pre-ICO will end on the 20th of March and its ICO, commencing on the 27th of March 2018. For detailed information, visit DIWtoken.com.

There is no such thing as data security in today’s world. At this very moment, vast amounts of so called ‘secure’ sensitive personal, corporate or governmental digital data are being stolen, shared or tampered with by digital criminals.

Quite often, the damage caused is catastrophic and sometimes terminal with millions of people affected. Organisations go out of business, individuals, governments and officials exposed.

Billions of dollars have been spent in an effort to stop global digital breaches. Immeasurable hours have been devoted and thousands of digital security experts have been trying to tackle this threat since the beginning of digital information to no avail. It is clear that this seems to be a never ending circle.

DIW plans to put an end in all that by introducing a secure, global network made up of confirmed and approved individuals and organisations, providing them with the opportunity of exchanging services as well as data in a safe, transparent and assured environment by utilizing blockchain technology. Network members will have to submit KYC / KYS information and get approved before joining, so that everyone will be true to their identity within the network. Furthermore, a rating system will ensure that the highest level of quality of services will be offered within the network, promoting trust and assurance for peace of mind.

The doorway to this global network for all member entities will be a highly secure digital vault that will enable the secure upload, storage, maintenance and exchange of sensitive digital data including identification, financial and personal documentation. The blockchain-based vault will also be able to hold crypto currency.

Transactions larger than $5000 USD taking place within the network, will automatically utilise a paid escrow service enabling the pre-setting of the conditions which the transaction must meet for the release of funds.

Ultimately, the project’s vision is to encompass the medical industry as it will enable the secure storage, maintenance and exchange of Electronic Health Records as well as open up a doorway to its members to healthcare professionals and medical centres around the world.

As discussed above, DIW’s project engulfs different global market sectors with huge potential. The global health related industry had a turnover of $1.3 billion USD in 2017 and the cyber-security industry a turnover of $150 billion USD during the same year. The e-commerce industry’s 2017 revenue reached 2.3 trillion USD. Keeping in mind that our global directory has the potential of engulfing a huge aspect of human affairs, there simply is no limit regarding the expansion our project will have.

Stephanos Constantinou, the project’s CEO and Co-Founder, mentioned that: “When assessing the issues that the digital world faces, such as data breaches & online fraud, lack of transparency within the medical industry along with the limited ability to utilize cryptocurrency, it occurred to us that actually marrying these sectors should and could be done. We felt inspired to step in and move towards the actualization of the project”.

Join the DIWtoken.com project via contributing towards the materialisation of the project. The DIWtoken.com project has entered its Pre-ICO stage and will end on the 20th of March 2018.

Visit https://diwtoken.com now for more details.

Contact Email Address
info@diwtoken.com
Supporting Link
https://diwtoken.com/

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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1200 Australian New Agencies Are Selling Fractions of Crypto

1200 Australian New Agencies Are Selling Fractions of Crypto

Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines.

Also Read: Australian High School to Host Information Night on Cryptocurrencies 

Australians Can Now Buy Cryptocurrencies With 1,200 News Agencies

1200 Australian New Agencies Are Selling Fractions of CryptoResidents from Australia will be able to purchase BTC or ETH with just “$50, and email address and a phone number,” says the financial news outlet the Australian Financial Review (AFR). Agents who provide various newspapers and magazines are trying to entice customers with a new reason to purchase the news. Further, the News Xpress agent in Oxenford, Queensland, Domenic Zizza explains these news agencies are looking for ways to add to their services in order to address declining revenue and add more demand to the business.

“[The take-up] has been fairly substantial, to say the least. In some instances it’s been a bit of a frenzy…people’s aspirations are high and this has provided an opportunity for punters to have a go, but at a small scale,” Zizza details to AFR.

The traditional newsagent is a dinosaur. There’s been a substantial decline in newspaper and magazine sales in the last three years and the transition to bring in additional value-added services to keep the business alive is a positive.

1200 Australian New Agencies Are Selling Fractions of Crypto

Democratising the Process of Acquiring a New Asset Class

Rupert Hackett the CEO of Bitcoin Australia explains in an interview that the newsagency’s attempt is about “democratising” the process of acquiring digital assets.

“Estimates indicated 2-3 percent of a country’s population owns digital currency, so we’re still at the early stage of the technology, but eventually we envision a world where you can buy or sell anything with cryptocurrency,” Hackett states.

It’s something we’re exploring, but it has to reflect the level or size of the network.

Not everyone from the news industry in Australia like the new business move. Adam Joy an executive of the Australian Lottery and Newsagent’s Association says newsagents should be careful. “Newsagents have many ways to innovate that are much less concerning and fall within regulations and safeguards,” says Joy. “When looking at cryptocurrency, in particular, businesses need to be aware of the level of illegal activity and lack of transparency attached to cryptocurrencies,” the executive emphasizes.

Cryptocurrency adoption is growing in Australia and government regulators are quite aware of the trend. News.Bitcoin.com recently reported that Australian authorities are set to introduce new laws that will enable the regulation and monitoring of cryptocurrency traders for tax evasion, money laundering, and other illegal activities.

What do you think about the news agencies offering bitcoin and ethereum services? Let us know in the comments below.


Images via Pixabay, Shutterstock, and Google Images. 


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

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The appeal of Mobile World Congress for startups is starting to wane

 It’s hilarious to think that it’s been six years since I wrote that software was starting to eat Mobile World Congress, as the action in the mobile world moved — at the time — deeper and deeper into apps. In the intervening year’s we’ve seen a huge boom in the startup world, and six years ago companies like Waze were still startups that could take the heat… Read More

4 ways the drone scene will change in 2018


Perhaps I’m biased due to my passion and business, but to me, 2017 was the year drones became mainstream. Initially a military innovation used for covert missile strikes and aerial reconnaissance — drones have evolved to become a novelty toy, readily available in any main street store. And as with so many other technologies, entry into the consumer market has led to abuse: pranksters spying on neighbors, criminals smuggling drugs and terrorists converting drones into homemade missiles. But there’s great news, too. Commercial drones have proven their worth, saving lives during hurricanes Irma and Harvey, reducing labor costs through infrastructure…

This story continues at The Next Web