NEM Partners with Israeli-Lithuanian Telecom Startup on Cell Phone Security

NEM, one of the oldest peer-to-peer blockchain networks, has partnered with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping.  FIX Network will implement SYMBOL from NEM’s enterprise-grade blockchain into its existing cellular infrastructure. The goal is to secure the world’s eight billion SIM cards from cybercriminals with new privacy, security, management and safety solutions. Phone numbers may end up more important than social security numbers FIX Network’s architecture is designed to allow mobile operators to…

Libertarian Presidential Candidate Proposes ‘AmeriCoin’ to Achieve American Dream

Adam Kokesh, the first libertarian candidate of the 2020 U.S. presidential race, has appointed Alastair Caithness as his chief blockchain policy advisor. The purpose of this role will be to work on the development of a sovereign cryptocurrency, known as AmeriCoin. Going forward, Caithness will focus on the development of a cryptocurrency pegged to all the assets of the Federal government. These include the U.S. government’s substantial land, energy, gold, timber and mineral reserves, Associated Press reported on March 11.  To achieve the American Dream As such, Kokesh aims to…

What Mainstream Financial Advisors Are Saying About Bitcoin

During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC).  Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their financial advisors have told them recently, given the current falling market.  Some Advisors say buy during market decline Amid coronavirus concerns and oil trade events, traditional markets have taken a hit over the last few weeks. According to an age-old adage from investing legend Baron Rothschild, investors should look to…

US Homeland Security Charges LocalBitcoins Seller on Money Laundering Charges

Washington state resident Kenneth Warren Rhule has been charged with laundering over $140,000 in bitcoin after agents with Homeland Security Investigations (HSI) made a series of undercover cash-for-crypto deals with the 26-year-old. Rhule faces multiple counts of operating an unlicensed bitcoin money transmitter business and laundering monetary instruments after allegedly meeting with government agents “posing as criminals” interested in buying untraceable bitcoin for their human trafficking operation. Rhule was a seller on LocalBitcoins, a peer-to-peer trading platform used worldwide. Rhule is said to have closed eight deals with the undercover…

Two Japanese Men Arrested for ‘Fencing’ NEM From Coincheck Hack

Tokyo police arrested two men in connection to the Coincheck hack on March 11. The men are accused of purchasing stolen NEM (XEM) through a dark web market, in violation of a law designed to tackle organized crime. As reported by Japan Times on March 11, Tokyo’s Metropolitan Police Department arrested a doctor from Hokkaido and a company executive from the Osaka Prefecture. According to the police, the suspects knew the origin of the funds. They reportedly purchased the XEM at a sizeable discount in February and March 2018 from…

US Senate Looks at New Cybersecurity Measures for New Era in Homeland Security

In a meeting today, a United States Senate committee examined new measures to enhance federal reporting for cybersecurity vulnerabilities that threaten “critical infrastructure”. They convened in an attempt to establish new support for state and local governments confronting threats like ransomware. A new era in homeland security? The centerpiece of the March 11 hearing of the Committee on Homeland Security is bill S. 3045, the Cybersecurity Vulnerability Identification and Notification Act of 2019. First introduced in December, the new bill looks to amend the landmark Homeland Security Act of 2002…

Bitcoin Quickly Bounces After Price Loses Crucial $7,700 Mining Support

If you were around earlier this hour, you likely noticed the brief panic on Twitter when Bitcoin fell under $7,600; that was the lowest the cryptocurrency had traded at in literal weeks, not to mention it fell under crucial support. Though, over the past 20 minutes, the cryptocurrency has bounced, rapidly rallying from the low around $7,590 to as high as $7,805 as if investors had their fingers on the buy trigger. While seemingly irrelevant, as this was just Bitcoin rallying just over 2%, this small bounce was extremely important.…

Blockchain Africa Forges Ahead Despite Coronavirus Concerns

The Blockchain Africa conference kicked off on Wednesday in Johannesburg, South Africa, despite rising concerns about the Coronavirus outbreak. South Africa’s first cases of COVID-19 were confirmed at the beginning of the month. As of March 11, thirteen South Africans have tested positive for the virus. Despite the relatively low infection rate in the country, the South African government has taken a proactive and cautious approach to the virus. They have based their considerations on the dire situation in countries like China and Italy. Nevertheless, the ongoing crisis and travel…

New York Crypto Companies Move to ‘Work From Home’ in Face of Rising COVID-19 Threat

Kadena CEO Will Martino had already been considering abandoning his blockchain development company’s Brooklyn HQ before coronavirus came to New York City. The fast-spreading virus, however, recently convinced him the office had to go. On Feb. 21, he told his team to begin working from home. The New York Metropolitan area’s surging coronavirus count is forcing more of the region’s cryptocurrency and blockchain companies to prepare for an unsavory reality: Their offices may close without warning and their employees may need to begin working remotely. CDC officials say “social distancing”…

IOTA Relaunches with Promises of Increased Security 

Following a catastrophic hack, the IOTA Foundation announced that it successfully rebooted its network, with the promise of improved security. The network shut down last month following an attack against its Trinity wallet, which reportedly cost the network between $300,000 and $1.2 million in IOTA. IOTA Goes Live One Month Later IOTA, an ambitious project designed to facilitate transactions in the Internet of Things (IoT) ecosystem, has been shut down for almost a month following an attack on its Trinity wallet. The network was paused in order to deal with…