U.S. Congressman Drafts Blockchain Development Bills

The newly elected co-chair of the Congressional Blockchain Caucus, U.S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets. According to an official announcement, the bills focus on fostering government support for the blockchain space, clarifying money transmitter regulations and devising…

Another Cryptocurrency Exchange Hack Hits Japan

Another cryptocurrency heist has shaken Japan. This time, 6.7 billion yen ($60 million USD) worth of company and user funds have vanished from Japanese cryptocurrency exchange platform Zaif. Tech Bureau Corp, the Osaka-based company that operates Zaif, estimates the heist occured on September 14, 2018, between 5 p.m. and 7 p.m. local time. The exchange…