The hackers managed to breach the hot wallet of the exchange thereby stealing Bitcoin, Bitcoin Cash and MonaCoin tokens.
Authorities in Brazil have launched investigations over claims that banks in the country have embarked on illegal practices all in the effort of undermining cryptocurrency exchanges operations.
Blockchain can automate such processes as workflow, rendering of public services, traffic administration, and optimization of urban systems.
Commissioner Hester Peirce stressed that the agency should evaluate cryptocurrencies in terms of digital assets, rather than the infrastructure and technology backing them.
The lawmakers said that introducing regulations can bring positive changes to the crypto market with more institutional money flowing into it.
The Kogma SA blockchain platform is launched jointly by 15 of the world’s largest institutions spanning across different business sectors.
Media reports indicate that Newcastle United and Cardiff City are considering carrying out an Initial Coin Offering as they seek additional funds to strengthen their teams.
The draft bill proposes to tax individual and commercial entities dealing in crypto-related activities on their derived profits.
The central bank asked all investors not to participate in offshore fundraising schemes like ICOs and refrain from cryptocurrency trading.
Ripple is contemplating launching a commercial application for its cryptocurrency focused product xRapid.