• Nukes, brought to you by hacked crypto (via Pixabay).
    Politics

    Exchange hacks funded North Korean nukes

    The rogue state stole $2 billion from cryptocurrency exchanges over the past two years, using it to fund nuclear weapons development

    North Korea funded its nuclear weapons research by looting cryptocurrency exchanges of $2 billion, according to a confidential UN report.

  • Call in the experts: Jeremy Allaire of Circle, Rebecca Nelson of The Blockchain Association, and Mehrsa Baradaran of the University of California, Irvine School of Law before the U.S. Senate Banking Committee, July 30, 2019.
    Bitcoin,  Cryptocurrencies,  Libra,  Politics,  United States

    Analysis: Cryptocurrency experts tell Senate innovation requires regulation

    In the wake of Facebook’s Libra plan, a Senate Banking Committee hearing shows Congress getting serious about cryptocurrency regulation

    A week after the U.S. government’s inaction on cryptocurrency regulation drove Jeremy Allaire to move most of his company out of the U.S., the Circle chairman and CEO told congress why.

  • Mike Lempres
    Innovators,  People,  Politics,  XRP

    Brooks in, Lempres out: Political infighting creates divisions at Coinbase

    Exclusion of No. 2 XRP spotlights growing pains as exchange speeds toward IPO

    WASHINGTON—For the last year or so, people who follow digital currency have been wondering why Coinbase, the largest American digital currency exchange, doesn’t list the XRP token.  And now that XRP has cemented its place as the world’s No. 2 digital currency, its absence on Coinbase is even more eyebrow-raising. With the departure of a key executive, gossip has begun to swirl, with at least one Coinbase insider speculating that the omission is based on crypto politics more than business. The crypto world has begun to wonder if the reason for XRP’s omission has been driven by personal politics rather than business prudence. Let’s review a bit. For almost all…

  • China's flag and bitcoin
    Asia & Australia,  Bitcoin,  Politics,  Ripple,  United States,  XRP

    Does the White House Prefer XRP to BTC?

    China’s control over Bitcoin network said to make Trump Admin uneasy

    The battle for dominance in the digital asset space just went big. And now it looks like it’ll include political might, too. According to a story in Forbes Tuesday, “Many in the bitcoin and cryptocurrency industry have expressed concern about how much control [mining concentration] gives China over bitcoin, with the Beijing-based Bitmain Technologies mining more than half the world’s bitcoins.” American crypto companies have noticed, as well. In a recent interview in Breaker, Ripple’s Chief Market Strategist Cory Johnson stated that the Trump administration was doing its “homework” regarding China’s dominance over Bitcoin, and more specifically, the mining operations that provide the necessary security for Bitcoin’s blockchain. In recent years China has become…