Why Switzerland is Becoming a “Crypto Nation” with a F… | News

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to a.mcqueen@cointelegraph.com. Switzerland has long been a global center for the wealth management industry, housing around $2 trillion, or 27 percent, of global offshore wealth.  Since 1934, Swiss bankers and regulators…

BitGrail Vs. Nano: Who Is Responsible For the $150 Mil… | News

On February 8 2018, 15 million Raiblocks, the former native currency of the Nano network,  were stolen from Italian cryptocurrency exchange BitGrail.  In order to provide insights into alleged security breach and the theft of more than $150 million USD worth of XRB, Cointelegraph conducted an exclusive interview with Francesco Firano, the founder and operator of BitGrail. This time, Cointelegraph reached out to the Nano team and conducted an interview with the Nano core team’s Troy Retzer, who oversees community & public relations at the organization, to better understand the large-scale…

Shark Tank’s Herjavec Thinks Bitcoin And Blockchain Ar… | News

According to Shark Tank’s Robert Herjavec, Bitcoin is “here to stay” in the long term, cryptocurrency will definitely be regulated, and investors should both get in and get out now, according to an interview with financial news outlet TheStreet. While Herjavec says that he himself is not an investor in crypto, he predicts that Bitcoin’s price will continue to rise in the short term, even above the January high of 20,000: “It’ll take out that high, I’m saying it right now.” He believes that cryptocurrencies should and will be regulated,…

How Will a $100 Mln Grant Help Ethereum Scale? | News

On Feb. 16, six large-scale Blockchain projects OmiseGo, Cosmos, Golem, Maker and Raiden, that have completed successful multi-million dollar initial coin offerings (ICOs) last year, along with Japanese venture capital firm Global Brain have created the Ethereum Community Fund (ECF), to fund projects and businesses within the Ethereum ecosystem. The ECF will begin with $100 mln, likely raised by the six Blockchain projects. Some members of the Ethereum Foundation including Ethereum creator Vitalik Buterin plan to advise the fund. Buterin told TechCrunch: “Ethereum has grown beyond my expectations over the…

Croatia Launches Self-Regulating Blockchain Organizati… | News

Croatia’s Blockchain and Cryptocurrency Association (UBIK), is a self-regulatory organization registered Feb. 13 with the goal of creating a crypto community, educating the public, and developing regulation in Croatia. It has officially begun working yesterday, Feb. 17, according to the UBIK blog. The governing board of UBIK already met with the Central Office of Tax Administration in Croatia on Feb. 9 to discuss the issues covering the taxation of crypto as a capital gain, the regulations of Initial Coin Offerings (ICO), and the business of crypto mining companies. The Croatian…

FCC Officially Warns Brooklyn BTC Miner Of ‘Harmful In… | News

The U.S. Federal Communications Commission (FCC) has sent an official notice, dated Feb. 15, to a resident of Brooklyn, New York, Victor Rosario, citing that his Bitcoin (BTC) miner was causing harmful interference to T-Mobile’s broadband network. The “Notification of Harmful Interference” stated that the device was “generating spurious emissions on frequencies” for T-Mobile’s network. Continued use of his Antminer s5 Bitcoin Miner in a way that caused harmful interference would be breaking federal laws subject to penalties, “including, but not limited to, substantial monetary fines, ‘in rem’ arrest action…

Washington Post Executive Pivots to Blockchain Firm CEO

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Jarrod Dicker is the new CEO of blockchain media company P.oet. Dicker is making the move to Po.et while departing from his position as Vice President of Innovation and Commercial Strategy at The Washington Post. Career Accomplishments Dicker believes Po.et will help put “…the power of written, visual and audio content back in the hands of creators”. His ability to champion that cause is clear when considering Dicker’s previous career accomplishments, including: Creating and managing the research…

Polish Central Bank Secretly Funds Anti-Crypto Youtube… | News

The Central Bank of Poland has admitted to funding anti-cryptocurrency campaigns on social media, specifically Polish Youtuber Marcin Dubiel and his Dec. 2017 video, “I LOST ALL THE MONEY?!,” Polish news portal money.pl reports. The social media campaign against crypto was carried out by Central Bank of Poland in conjunction with Polish Youtube partner network Gamellon, Google Ireland Limited, and Facebook Ireland Limited, allocating about 91,000 zloty (around $27,000) for producing anti-crypto content. Money.pl reports that the Central Bank’s campaign also had videos published on the Planeta Faktów (Planet of…

Contentious Ethereum Fund Recovery Proposal Continues… | News

The Ethereum Improvement Proposal (EIP) that led to the resignation of an EIP editor over his personal legal concerns has been closed, but an identical proposal has been reopened on Github to relatively negative fanfare. The original EIP proposal #867 was introduced by Musiconomi developer Dan Phifer as an option for how to more easily modify the Ethereum (ETH) Blockchain to redistribute address balances in the circumstance of lost funds. EIP editor Yoichi Hirai had criticized the draft for what he saw as its violation of a Japanese law about…

No, Not All ICOs Are Securities

Paul Paray is an attorney in Allendale, New Jersey, focused on privacy and technology matters. In his Feb. 8 opinion piece for CoinDesk, Santander’s Julio Faura suggests that “utility tokens are a bad idea” because it would be a “lie to ourselves” to suggest initial coin offerings (ICOs) were not actually selling securities. Rather, in Faura’s opinion “we should collectively work on a framework to build a clearly defined scheme for ICOs, recognizing from the very beginning that they are securities.” And, this “ICO process should be designed in collaboration…