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Moscow Looks to Blockchain for Fair Elections

The city of Moscow is looking to evolve their Active Citizen polling network to log votes in upcoming elections. Thus making the election process transparent to all and tamper-free.Active Citizens Decide for ThemselvesAs the white house continues to deny any allegations of collusion with Russian hackers and the FBI doggedly turns over more and more evidence of Russia’s influence on the 2016 elec

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British Man Charged With Using Bitcoin to Launder 11.5 Million Euros

A British man has been arrested on money laundering charges in Holland. He is alleged to have been running a “money cleaning” service for clients trading on the dark web between the years 2014 and 2016. The Dutch Public Prosecutor demanded on Wednesday that he serves at least five years in prison.Funds Likely Came From Illicit SourcesAccording to NL Times, the laundered money is thought to hav

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Could US Law Enforcement Benefit from Storing Cryptocurrency Seizures on a Blockchain?

As cryptocurrency usage becomes more widespread both above and below the law, various authorities are increasingly required to perform seizures on funds used in criminal cases. Thanks to the various anonymity properties of digital coins, however, it’s proving difficult to track these forfeitures. This lack of transparency leaves critics of the government musing over the possibility that not all

”Zen Master” Steven Seagal Eyes Up a Replacement for Bitcoin

Crowdfunding Steven Seagal is eyeing up a cryptocurrency to replace bitcoin. Bitcoiin – count those I’s – may look and sound similar to bitcoin, but it is very different. It runs on the Ethereum network, confusingly, and boasts “zen master” Steven Seagal as its brand ambassador. To add to the confusion, Bitcoiin with two I’s sports a webs

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Chicago Crypto Trader Kim Embezzles $2 Million Worth Of Funds

A trader at Consolidated Trading LLC faces allegations of wire fraud in the amount of $2 million. Joseph Kim, 24, is accused of embezzling funds in both Litecoin and Bitcoin from his employer’s coffers. The case is something of a landmark in that it is the first criminal prosecution to involve the cryptocurrency trading industry. Kim was charged on Thursday and is scheduled to appear in court to

Trader at Chicago Firm Stole Millions in BTC – Faces 20 Year Sentence

Featured Late 2017 will long be remembered as the time when bitcoin went mainstream. Prices were mooning, and the general atmosphere was one of fear of missing out. That sentiment was especially true in trading circles, and more traditional outlets were experimenting with cryptocurrency divisions in order to take advantage. One such experiment went s

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“It's Impossible to Refund the Stolen Amount”: Interview with BitGrail’s Francesco Firano

Cointelegraph talked to Francesco Firano, CEO of BitGrail, the Italian exchange apparently hit by a cyber attack that would have caused the loss of a considerable amount of Nano tokens (formerly known as Raiblocks).BitGrail froze trading on Thursday, Feb. 8. The exchange stated that 17 mln Nano had been stolen in the hack, an amount worth about $187 mln at the time the losses were discovered.The s

Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year

Security Cryptocurrency can be lost in a variety of ways, from hacking to forgotten passwords and failed flash drives. But in dollar terms, one of the biggest causes of crypto losses is bad code, and it’s not usually the fault of the coin’s developers. Instead, third parties, including shoddy smart contract developers and shady exchanges, are to

Chechnya Leader Kadyrov Buys Bitcoin to Follow Evolution

Economy & Regulation Striving to keep up with development, the president of Chechnya Ramzan Kadyrov has bought himself some bitcoins. The outspoken strongman of the once restive Russian republic has bragged about the purchase on social media. Whether that means “yes” to cryptocurrency in the Caucasus is ultimately up to Moscow. Nevertheless,

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Is Puerto Rico а Crypto Tax Paradise? – Expert Take

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.

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