National Crypto Rupee Proposed in Indian Draft Blockchain Strategy

Just a week after the Reserve Bank of India confirmed legal status for crypto currency, a draft national strategy on blockchain has called for an official digital rupee. India to Advance in Blockchain Tech According to reports, the National Institute for Smart Governance (NISG) has submitted a draft strategy on blockchain for stakeholder comments which …

Deutsche Bank: Crypto Won’t Kill Cash Anytime Soon

Researchers at Deutsche Bank say cash will not become obsolete in the near future even with the growing pivot towards cryptos and other forms of digital currencies. Crypto Hasn’t Accelerated the End of the Cash Era In a January 2020 report published by Deutsche Bank researchers argued that despite the popularity of cryptos and the …

Ethereum On Verge of Strong Bullish Breakout, Analysts Say. Here’s Why

While Bitcoin saw a stellar 2019, gaining around 90%, Ethereum suffered. The second-largest cryptocurrency, which was one of the best-performing assets in the 2017-2018 bull cycle, actually posted a negative performance in 2019, shocking investors across the board and contributing to a strong altcoin decline. Despite this, analysts are getting on the digital asset, seemingly …

Bitcoin Researcher Drums Up Academic Interest in Erlay Protocol

In November 2019, Gleb Naumenko, co-author of the Erlay protocol and Bitcoin researcher at Chaincode Labs, came to London to present at the ACM conference 2019.  The ACM conference is one of the premier conferences on computer and communications security. It brings together “security researchers, practitioners, developers and users from all over the world.” Naumenko’s …

Bitcoin Thieves Arrested in Japan for Pilfering $700k in BTC

The Japanese police arrested two suspects for the theft of Bitcoin (BTC) from the coffers of the relatively small market operator CoinExchange. Internal Information Helped Order Bitcoin Withdrawals for Personal Enrichment Yuto Onitsuka, 25, and Takuma Sasaki, 28, reportedly stole 78 million yen in Bitcoins, equivalent to about $710,000, reported Japan Times. The theft was …