Several Exchanges Said to Be “Failing” Bitcoin Ownership Event

HitBTC are apparently not the only ones who are “failing” the Proof of Keys event today. The event is intended to prove the Bitoin solvency of each exchange. Every user is encouraged to withdraw all Bitcoin to private keys that they control. However, according to Trace Mayer and the Proof of Keys’ event’s official page, in addition to HitBTC, several exchanges had issues leading up to or on the day of the event (today). Not All Exchanges Actually Caught Not all of the exchanges listed in the “failures” section of…

Proof of Keys: Several Exchanges Said to Be “Failing” Bitcoin Ownership Event

HitBTC are apparently not the only ones who are “failing” the Proof of Keys event today. The event is intended to prove the Bitoin solvency of each exchange. Every user is encouraged to withdraw all Bitcoin to private keys that they control. However, according to Trace Mayer and the Proof of Keys’ event’s official page, in addition to HitBTC, several exchanges had issues leading up to or on the day of the event (today). Not All Exchanges Actually Caught Not all of the exchanges listed in the “failures” section of…

An overview of Cryptocurrency ownership in selected countries

There is no doubt that knowledge of cryptocurrencies is expanding by the day and its adoption is expanding rapidly to every part of the world. Even North Korea, one of the most closed countries in the world has been said to hijack people’s PC to illegally mine cryptocurrencies. However, as the knowledge and adoption of cryptocurrencies spread, some nations are said to be leading in this revolution in terms of cryptocurrency ownership based on a survey carried out in selected countries. According to research conducted by ING with the question…

Chair of House Judiciary Committee Discloses Ownership of Cryptocurrency

The chair of the Judiciary Committee of the U.S. House of Representatives may be the first member of Congress to disclose that he owns cryptocurrency, Sludge reports Aug. 6. Congressman Bob Goodlatte (R-VA) reported that he owns between $17,000 and $80,000 in digital currency in his annual Financial Disclosure Statement. Goodlatte filed the statement on May 10, a month before the U.S. Ethics Committee issued new rules about disclosing digital currency holdings. Per the new rules, all House Members must disclose their own and their spouse’s crypto holdings valued over…