AuthorGregory Rocco

Texas Officials Issue Cease and Desist to Another Cryptocurrency Related Scam

The Enforcement Division of the Texas State Securities Board has issued an immediate cease and desist order to LeadInvest, which was a platform that allowed investors to “earn interest on the crypto market.” According to the order, LeadInvest was targeting investors in Texas and was failing to both disclose the background and qualifications of its team members, and the liabilities associated with...

Blockchain Technology and Data: Identity, Storage, Exchange

The age of big data isn’t a “new” period per se, but rather an ongoing game of fire first, aim second. Data has proven to be quite the valuable commodity, with major blue-chip business models being built on its exportation and processing. But what are the associated risks with relinquishing and storing so much data with centralized providers? Every day as users in a connected ecosystem, we...

News Outlet Salon is Mining Monero as an Alternate Revenue Source

20180214_Salon

Salon is the latest company to utilize CoinHive’s Monero mining script on their website. On Sunday, when readers utilizing ad-blockers visited popular news site Salon, they were faced with an interesting choice, foreign to the usual inquiry about disabling their ad-blocker. They could either disable their ad-blocker to continue to view content or opt-in to allow Salon to utilize their computer...

Weiss Cryptocurrency Ratings Issues Fresh Alert on Tether

Controversial "stablecoin" Tether is under the gun again, as Weiss Ratings recently released a report detailing the red flags associated with the project. According to the alert, the largest issue facing Tether is the lack of a completed audit that accounts for the assets in circulation. During December and January, over one billion new Tethers were issued which coincided with the incredible...

The Siacoin Question: To Fork or Not to Fork?

0x fork crypto coinbase

Forks have been a hot topic recently due to the debates that they spark, and the potential for a new digital asset to come from contentious decisions. In a recent turn of events, the Sia community has been undergoing a bit of internal debate regarding whether or not to deploy a soft-fork that would bolster ASIC mining competition outside of the umbrella of Nebulous – the managers of the Sia...

Cryptocurrency Trader Sues T-Mobile For Inability to Prevent Account Hack

Bitcoin wallet

Just last Sunday, a Washington man filed a lawsuit against T-Mobile for failing to protect his phone number, which eventually led to thousands of dollars’ worth of his cryptocurrency being stolen. Back in November, Carlos Tapang was faced with a grim situation in which his phone number was compromised by malicious actors. The hackers were able to port his number to an account under their control...

Hong Kong Govt Offers Crash Course on Cryptocurrency, ICOs to the Public

Advertisements, infographics, articles and more - all included in Hong Kong's latest effort to educate the public on initial coin offerings (ICOs) and cryptocurrencies. According to a recent press release, Hong Kong’s Financial Services and Treasury Bureau (FSTB), and Investor Education Center (IEC) have launched a public campaign to both educate and warn investors about the “risks” associated...

Russian Presidential Candidate: Proposed Cryptocurrency Regulation Too Strict

Boris Titov Bitcoin

Russian presidential candidate Boris Titov is the latest individual to weigh-in on the draft law proposed by Russia's finance ministry to regulate cryptocurrencies, as he believes the requirements outlined are excessively strict. Taking a very controversial position, Titov believes the regulatory requirements on cryptocurrency and blockchain related items are being put into place due to the ways...

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