Category Archives: ethnews.com

Russia May Sanction Facebook And Twitter For Processing User Data Outside The Country

January 22, 2019 12:12 AM Russia’s internet regulator/censor claims Twitter and Facebook haven’t been processing Russian users’ data inside the country. That would be a violation of a 2015 law that blockchain advocates should be paying attention to. Private Russian news agency Interfax reported today, January 21, that Roskomnadzor is taking administrative action against Facebook and Twitter. Roskomnadzor… Read More »

UAE And Saudi Arabia To Develop Digital Currency For Cross-Border Payments

The cryptocurrency pilot program will test the potential of a central bank digital currency. A Saudi-Emirati joint cryptocurrency pilot was one of seven initiatives announced by the Executive Committee of the Saudi-Emirati Coordination Council, which met on January 19 in Abu Dhabi, the capital city of the United Arab Emirates (UAE). The meeting’s purpose was to continue working… Read More »

Netherlands Financial Authorities Propose Registration Requirements For Crypto Services

Exchange and wallet providers will collect and store user data to ease the process of possible investigations. The Netherlands Authority for the Financial Markets (AMF) and De Nederlandsche Bank (DNB), the country’s central bank, have proposed registration requirements for cryptocurrency services operating within the country, according to Dutch media outlet Nederlandse Omroep Stichting (NOS). NOS says the proposal… Read More »

Distributed Digest: Monday, January 21, 2019

TurboTax offers support for cryptocurrency reporting, Gnosis issues an arbitrage challenge for the DutchX trading protocol, and Haven Protocol is still kicking. Your daily distillation of crypto news for Monday, January 21, 2019: TurboTax for the Crypto Tax Blues With tax season upon us, Intuit’s TurboTax (and other tax-preparation software) is a common topic of conversation as folks… Read More »

Beacon Chain To Finalize Ethereum 1.0 Chain

January 18, 2019 10:18 PM In today’s core devs call, Vitalik Buterin and Danny Ryan discussed how the coming proof-of-stake beacon can be used to finalize the existing proof-of-work chain. On Friday’s core devs call, Danny Ryan and Vitalik Buterin discussed the tentative plan to use the proof-of-stake, Casper FFG-implemented beacon chain as a finality gadget for the… Read More »

Distributed Digest: Friday, January 18, 2019

Constantinople is set to arrive late February, the Parity Fether beta is out, and MarbleCards moves to transform internet culture into non-fungible tokens. Your daily distillation of crypto news for Friday, January 18, 2019: Constantinople Mainnet Activation in February Ethereum core developers are targeting Wednesday, February 27, for the Constantinople hard fork. The upgrade should be implemented on… Read More »

Researchers From MIT, Stanford, And Berkeley Collaborate To Solve Blockchain Scalability

January 18, 2019 10:51 PM Introducing Unit-e. On January 17, Distributed Technologies Research (DTR), a Switzerland-based non-profit foundation that funds the research and development of “distributed technologies,” announced its launch and its first initiative: a globally scalable decentralized payments system called Unit-e. According to a press release from DTR, the foundation was created to facilitate interdisciplinary collaboration between… Read More »

Malware Mines Monero On Cloud Servers

Researchers Xingyu Jin and Claud Xiao, of the cybersecurity firm Palo Alto Networks, published a report yesterday, January 17, regarding Monero mining malware from threat actor Rocke. The malware is said to disable cloud security software to avoid detection and mine Monero using exiting cloud servers. According to the report, Rocke’s malware targets public cloud infrastructure running on… Read More »