Plattsburgh New York considers rolling out tougher rules for crypto miners

Plattsburgh, New York, is considering bringing in stricter requirements on commercial cryptocurrency mining farms operating in the city.

Patrick McFarlin, a councilor of Plattsburgh's Common Council, proposed a new law last week that aims to introduce "zoning regulations" for commercial crypto mining activities. According to an update from the council Friday, a public hearing will now be held on Oct. 25 to determine whether to follow through with the proposal.

The suggested zoning rules cover a variety of categories such as fire safety, heat, nuisance abatement and special use permits. If approved, crypto mining farm operators in the city would immediately be required to keep the ambient temperature inside their facilities within 120 degrees Fahrenheit (48.8 degrees Celsius) at any time.

Should the average daily temperature outside the facilities be less than 40 degrees F (4.4 degrees C), mining farm operators must ensure that "no more than...

Philippines deports $33 million Bitcoin pyramid scheme mastermind

Bitcoin fraud scam ico

The Bureau of Immigration of the Philippines had ordered the deportation of a South Korean national who is wanted in South Korea over his involvement in a bitcoin pyramid scheme.

Identified as Go Yongsung, the South Korean was arrested in the city of Las Pinas. According to Jaime Morente, a Bureau of Immigration Commissioner, the arrest was conducted by the Fugitive Search Unit of the government agency. A warrant had already been issued by a district court in South Korea for his arrest prior to his capture, according to Manila Bulletin.

Per documents obtained from the authorities, Go and other accomplices defrauded South Koreans of over US$33 million by promising huge returns if they invested in bitcoin between December 2015 and June 2016. According to the authorities Go, who is 48, used a firm which was operating in Pasay City as a front in his fraudulent scheme.

Crackdown on Fugitives of Justice

After the arrest, Morente warned that the bureau would not relent in its efforts to ensure criminals faced justice regardless of which jurisdiction they committed their crimes...

TokenMarket and BECON Global partner for its Crypto Economy World Tour

TM Becon

Wednesday 9, May, 2018 - The award winning advisory firm TokenMarket has partnered with BECON (Blockchain Ecosystem Network) for its Crypto Economy World Tour, that takes place in over 10 different countries across 4 different continents.

BECON is set to host its next crypto economy event in New York on May 13th, 2018. This event will kick off its third leg of the tour with Michael Terpin delivering a keynote presentation on ‘Investing in the Crypto Economy”. In partnership with TokenMarket, BECON have organised a networking and drinks event on May 13, 2018 in New York prior to the Crypto Economy conference. BECON have successfully organised numerous networking receptions producing a high turnout of guests, investors and industry through leaders in New York.

The Crypto Economy World Tour has previously hosted events in; London, Amsterdam, Barcelona, San Francisco, Austin and Singapore. These series of events generated...

Bitmain Acquires Bitcoin Cash Wallet

Bitmain financing funding pre-IPO

Open source browser-based cryptocurrency wallet Telescope has officially announced its acquisition by Bitmain Technologies Inc., the world’s largest crypto mining rig manufacturer, which also runs one of the world’s most extensive cryptocurrency mining pools. The move comes at an important time for Bitmain, which is increasing its involvement in the bitcoin cash space as it continues to reinvent itself as more than just an ASIC maker ahead of its planned mega-IPO in Hong Kong.

Telescope is a browser-embedded cryptocurrency wallet that currently allows users of Google Chrome and Mozilla Firefox to send and receive BCH through a browser extension. Set up earlier in 2018 by former IBM software engineer Aaron Angert, Telescope also offers support for BitPay and MoneyButton. While it is currently optimized for Chrome and Firefox, the plan is for the application to eventually offer full support for other leading browsers as the project grows.

Telescope transaction keys are saved in the application’s browser extension, and then transactions are signed by the user’s browser directly and sent to a BCH block explorer....

South Korea to Double Public Sector Blockchain Trials Next Year

The South Korean government is literally doubling down on its efforts to trial blockchain in the public sector, adding more projects and increasing available funds for 2019.

The Korea Internet & Security Agency (KISA) – a sub-organization of the Ministry of ICT – has said it is aiming to increase the number of blockchain pilot projects in the public sector from six this year to 12 in 2019, as CoinDesk Korea reported on Tuesday.

"In the next year, we are considering expanding blockchain pilot projects in the public sector to 12, and plan to support more than three private-led blockchain national projects," said Min Kyung-sik, head of KISA's blockchain team.

Further, the government agency will also boost the blockchain pilot budget for 2019 to more than 10 billion Korean won,...

Opera Wallet Now Sends CryptoKitties and Other Digital Collectibles

Opera now allows users to send crypto collectibles, such as CryptoKitties, directly from its recently announced in-browser crypto wallet.

Claiming the feature is a first for the industry – although other wallets do offer collectibles support, including MetaMask – the company said in a blog post today:

"We believe that as an increasing portion of our lives moves online, so will our collections of things."

As a result, users of the beta-stage wallet can send their crypto-collectibles to others, something it said previously required use of a digital marketplace and an exchange transaction to transfer ownership.

The Opera team said it believes the crypto collectibles trend is "just getting started," and that, as the tech develops and becomes more...

EVENT: Join @BlLife_Forum for #BlockchainLife 2018 International Forum November 7-8

The biggest international forum on blockchain, cryptocurrency, and mining in Russia and Eastern Europe.

Event Details & Registration -> HERE  
| 5000+ attendees
| 80 speakers
| 70 countries
| 120 booths

Telegram Channel @BlockchainLife

Facebook Page

Twitter @BlLife_Forum

Track the event hashtags on Tweetchat and the conversation streams for #BlockchainLife and #BlockchainLife2018

The two-day forum/conference at the Europe’s leading venue Expoforum gathers more than 5,000 participants from more than 70 countries. Сrypto traders, the owners of ICO projects, leading private investors and crypto funds, entrepreneurs and blockchain experts, developers on the blockchain, the owners and representatives of global exchanges, and miners, – the event brings together industry professionals and those who are just starting their way in the crypto industry.

Attending blockchain community members and experts are attending across all industry segments.



California Finalizes Blockchain Legislature Working Group

California may soon be forming a working group to examine the potential benefits of blockchain to the state – and how best to update laws to make use of the technology.

California bill 2658, first introduced in February 2018, originally recognized "a record that is secured through blockchain technology is an electronic record," as previously reported. However, the final version as of Monday now directs the Secretary of the Government Operations Agency to create a blockchain working group to study the technology instead.

It also adds that "for the purpose of this chapter, 'blockchain' means a mathematically secured, chronological, and decentralized ledger or database," though this definition is temporary and will expire by January 2022.

The working group, whose chairperson will be designated no later than July 1, 2019, will include members from within the technology industry, as well as representatives from related fields. Stakeholders will be able to provide input to the group, which will...

EVENT: Join @Blockchain_Conf for Blockchain & Bitcoin Conference Stockholm #BBConfSTO

Blockchain & Bitcoin Crypto Conference September 11, 2018, in Stockholm, Sweden

Blockchain & Bitcoin Conference Stockholm is a part of the series of Blockchain World Events held in 25 countries. The organizer is Smile-Expo International Company.

Working hours of the Conference: 9:00-10:00 – Registration. 10:00-18:00 – Conference.

Telegram Channel

Facebook Page

Twitter @Blockchain_Conf

Join the conference hashtag conversation on Tweetchat and 

The annual blockchain conference in Stockholm, which brings together the world’s leading crypto experts.
We focus on Sweden and foreign projects implementing Blockchain and cryptocurrencies. Experts share their experience of implementing Blockchain in governmental institutions (Govtech), the banking system, trading, media, healthcare and other spheres. We discuss all the aspects of creating innovative IT products – from the emergence of an idea to entering the market.

Event goals: bringing together the international business community in order to share their experience of integrating blockchain and cryptocurrencies; discussing blockchain industry issues and finding ways to solve them; encouraging a balanced growth of the cryptocurrency market.

Conference topics: 

• blockchain in various sectors: energy industry, real property, newsmaking etc.;

• legal regulation of the blockchain sector;

• token models and their application;

• ICO regulation.

For whom: investors, businesspeople, lawyers, startup founders, and those aiming to launch a token sale.

Why: to receive full information with case studies about the blockchain application, to discover how to comply with the legal norms in the blockchain industry, to find business partners, and to enhance your brand awareness.

Speakers: world-renowned blockchain experts, including government officials, foreign investors, entrepreneurs, lawyers, and developers.

Key speakers:

  • Mathias Sundin, Member of Parliament in the Tax Committee and the Finance Committee
  • Tanja BivicPlankar, President of Blockchain Alliance Europe
  • Dr Guenther Dobrauz, Partner & Leader PwC Legal Switzerland
  • Merete Salmeling, Head of Digital and Innovation at Landshypotek Bank
  • DR. Shahid Raza, Director of Security Lab at RISE SICS
  •  Christian Lunden, Director of Future Business at Nordic Choice Hotels
  •  Walid Al-Saqaf, Senior Lecturer at Södertörn University in media technology, journalism, Internet & blockchain research

TokenMarket 2018 Summit Update: Introducing TokenMarket Cap

TokenMarket Summit Director of Marketing Tom Leadbetter announced updates to the main website and introduced TokemMarket Cap.

TokenMarket Summit

Leading with the goal of the original TokenMarket site, “to help users better unearth information about crypto & blockchain project, allowing them to make decisions on where they invest their time and resource”, Tom went on to explain that while the site has provided this information to all users, the market has moved on.

He went on to describe the disconnect between what they had identified in the market between current ICO and Token/coin listing sites, “If you follow the current iterations of these portals, each site assumes that these business operates in siloed manner. Where in...