Former FDIC chair believes bitcoin should not be banned
Sheila Bair, former Federal Deposit Insurance Corporation (FDIC) chair, expressed her opinions on Yahoo! Finance. Although her ideas were similar to those of other financial regulators, her take on cryptocurrency itself is quite interesting.
Another major cryptocurrency exchange experiences backlog issues
Bittrex joins the list of prominent digital token exchanges struggling with growth issues. Customers of the popular US-based exchange are unhappy about the company’s inability to handle effective withdrawals.
Israel prepares to follow China in implementing a crypto crackdown
Digital currencies attract further controversy, as Israel indicates a potential cryptocurrency crackdown. “I think it looks like a bubble, smells like a bubble, acts like a bubble, and feels like a bubble,” said Israel Securities Authority Chairman, Shmuel Hauser.
Israel to launch blockchain-based national cryptocurrency
Israel has joined the growing list of countries planning to launch their very own state-backed cryptocurrency. The country’s interest in promoting a digital currency is aimed at minimizing risks of money laundering and tax evasion offenses.
Coinbase rumored to launch new cryptocurrencies
The popular exchange platform, Coinbase, has been rumored to soon add cryptocurrencies such as Stratis, Dash, and Ripple to its platform.
Cryptocurrency mining bot targets Facebook Messenger users
A new undercover cryptocurrency mining bot is infecting devices via a malicious video link that is sent through Facebook Messenger.
Segwit2X fork scheduled for December 28th
After abandoning the Segwit2X fork in mid-November, the project has been rebooted and scheduled to fork on December 28.
