English speaking Korean news outlet Chosun reports that the United Nations’ (UN) Security Council Sanctions Committee has been prompted to investigate the situation. According to a quarterly report from the UN committee, North Korea set up a “shipping and logistics firm run on a blockchain platform” earlier this year to evade international sanctions. The firm, called Marine China, was run by a single individual. The head of Marine China went by two names, Julian Kim and Tony Walker, and had...

It’s been seven months since China decided it wanted to take steps to curtail Bitcoin BTC mining in the country, but now it’s changed its mind. Earlier today, the National Development and Reform Commission (NDRC), a state economic planning agency, published its finalized recommendations for national industry restructuring — and Bitcoin mining wasn’t mentioned. CoinDesk reports that the final version of the recommendations, due to take effect from January 1, 2020, has removed Bitcoin or other...

The founders and creators of privacy-focused cryptocurrency Zcash are handing ownership of the coin‘s trademark to a non-profit organization that supports the project, for free! According to a blog post on Electric Coin Company’s (ECC) website, the contract officially handing over ownership was signed and executed yesterday making the Zcash Foundation the official custodians of the coin‘s trademark. The Electric Coin Company launched Zcash back in 2016, and has been one of the main developers...

Police in Malaysia have apprehended a gang that allegedly stole 85 Bitcoin “machines” from a warehouse last weekend. Local news outlet The Sun Daily reports that the value of the Bitcoin machines was around $10,300 (RM42,500). According to CoinATMRadar there aren’t any Bitcoin ATMs in Malaysia, that coupled with the fact that the hardware was stolen from a warehouse, it’s safe to assume the Bitcoin machines being referenced here are cryptocurrency mining machines. The report states that...

Despite regulatory concerns, businesses are still pushing forward and hiring for blockchain and cryptocurrency positions. Based on a report from job site Indeed, there is less interest from candidates in blockchain and cryptocurrency roles, as searches for the jobs are on the decrease. On the other hand, Indeed says employer demand has “skyrocketed.” To come to this conclusion, Indeed analyzed the “percentage change in the share of job postings and share of job searches per million for roles...