Cryptocurrency & Blockchain breaking news

Four people have been arrested in Venezuela for using the country’s electricity illegally by mining Bitcoins. Bitcoin mining is a very power-intensive activity consuming many units of electricity a day. Implying that if unpaid electricity is used, within just a few weeks, millions of dollars in power revenue could be lost.

ESMA, the European Securities and Markets Authority, has published a report on the distributed ledger technologies applied to securities market.

The Commissioner under the President of Russia on the Rights of Entrepreneurs, Boris Titov, recently suggested allowing businesses in the Kaliningrad, a federal subject of the Russian Federation located on the coast of the Baltic Sea between Poland and Lithuania, to hold cryptocurrency accounts.

About 10,613 Tor-based websites on Freedom Hosting II were recently hacked by a group affiliating itself with Anonymous.

Internet ombudsman has proposed allowing citizens of Crimea to use cryptocurrencies and the opening of a cryptocurrency exchange on the peninsula.

The year 2016 was another eventful one for bitcoin and blockchain. Aside from the ever-growing list of articles in the mainstream media predicting its demise, the technology experienced many high and low moments. The following is a list of the ones that stand out most.

The first Blockchain-based augmented reality fantasy game in existence, Augmentors, has announced an ICO of its DataBits crypto tokens (DTB) starting January 30, 2017.

From observing the world economy situation, someone can easily understand we have reached dangerous times. Global debt has grown up to 230 trillion dollars with world GDP at 75 trillion dollars. The need to service this debt has led central banks to attempt to manipulate  the economy through  zero or even negative interest rates.

With the continuous development and redefinition of the capabilities and possibilities that come with Bitcoin, some experts believe that an international foreign exchange market can be built around Bitcoin.