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Bitfinex Bitcoin Exchange believes that on July 7, the New York State Attorney General’s Office (NYAG) misled the State Supreme Court, exaggerating the site’s connections with New York residents. This is stated in a statement by lawyer Stuart Hogner. 450545 2019 in the Matter of the I AFFIDAVIT or AFFIRM 111 by the ForkLog on Scribd So, […]

The bill on digital financial assets may be adopted by October 1 – by this time a unified position should be developed with respect to the regulation of cryptocurrencies. This was announced to Parliamentary Gazette by the chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov. “The Digital Rights Act – it is the basis to enact industry laws. Now there is a definition of digital rights, there is legalization […]

Last weekend, the cumulative computational power of the Bitcoin network once again updated the historical maximum, reaching 79.752 EH / s. The peak figure, according to Blockchain.com, was on Saturday, July 20th. On Sunday, the last day for which statistics are available, the hashrate fell slightly and today stands at 67.136 EH / s. Recall the previous record of 74,548 EH / s was […]

The introduction of blockchain technology into banks can be a threat to their security, since more than 70% of smart contracts are vulnerable to hacker attacks. This is reported by "Izvestia", citing a report specializing in cybersecurity company Positive Technologies. According to analysts, vulnerabilities may arise from the relative novelty of technology for programmers, which leads to errors in the system itself. It is noted, […]

The former owner of the WEX Bitcoin Exchange (former BTC-e) Dmitry Vasilyev was detained in Italy. It is reported by the Russian service of the Air Force with reference to a close friend Vasilyeva, as well as several investors of the exchange. The specific reasons for which the former owner of the WEX was detained are not reported. The Italian police and the Russian embassy declined comment. Nevertheless, in April it became known that […]