Fujitsu Develops New Technology to Connect Multiple Blockchains

Announcements, Blockchain, Innovation | November 16, 2017 By:

Fujitsu Laboratories has developed an extension of smart contract technology that can safely execute exchanges and payments in different digital currencies.

Called ConnectionChain, the technology records the series of related transactions on each chain in a dedicated blockchain, or a “connection-type chain,” to link a cryptocurrency exchange into a single transaction process.

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UK’s Financial Conduct Authority Issues Consumer Warning on Cryptocurrency CFDs

Announcements, News, Regulation | November 15, 2017 By:

The UK’s Financial Conduct Authority (FCA) has warned investors about the risks in cryptocurrency contracts for difference (CFD).

A cryptocurrency CFD is a tradable instrument that mirrors the movements of the asset underlying it. It allows for profits or losses to be realized when the underlying asset moves in relation to the position taken,

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European Financial Watchdog ESMA Warns ICO Investors, Companies

Announcements, ICO News, News, Regulation | November 14, 2017 By:

The European Securities and Markets Authority (ESMA), EU’s financial regulatory institution and European supervisory authority, is the latest financial regulator to issue a warning on initial coin offerings (ICO).

ESMA has released two statements, one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs.

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Kaspersky Lab: Malware Stole $140,000 in Bitcoin

Announcements, Crime, News | November 8, 2017 By:

International software security group Kaspersky Lab recently discovered a new malware called CryptoShuffler Trojan. The new malware steals cryptocurrencies from a user’s wallet by replacing their address with its own in the device’s clipboard.

Kaspersky said CryptoShuffler Trojan enters computers disguised as a harmless pieces of software downloaded from the Internet.

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Iran Preparing to Adopt Bitcoin

Announcements, News | October 31, 2017 By:

The government of Iran has been conducting studies into how to prepare an infrastructure to use bitcoin within the country, according to Deputy Minister of Information and Communication Technology Amir Hossein Davaee.

Currently, Iran has no specific regulation on digital currencies. However, a number of online exchange websites (licensed by the e-commerce sector’s regulatory body) buy and sell bitcoin.

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