Bitcoin and Blockchain Conference Turkey to take place on 1st of March

On March 1 Istanbul will host Bitcoin and Blockchain Conference to discuss the future of digital currencies
27 December 2017   931

The conference will be held in Istanbul, Turkey on March 1. The organizer is an international company Smile-Expo, which has already carried out 11 Bitcoin and Blockchain conference events all over the world. And in 2018 it comes to Turkey.

Why Turkey, you ask? Because this country has quite lax laws about cryptocurrency regulations and event local authorities has drastically changed their tune since early statements that Bitcoin is a risky asset. Now they say, that digital currencies can help stabilize and restore the economic situation in Turkey.

The target audience encompasses everyone involved in virtual currency world from developers and entrepreneurs to blockchain startup authors and representatives of banking and financial institutions.

The event will consist of three sections:

  • Blockchain technology and practical solutions based on it.

  • Fintech and Blockchain.

  • ICO.

According to the official site, the number of speakers will include authorities, Turkish fintech market leaders and most influential people of the cryptocurrency world. And mind the fact, that the conference's official language is English.

Also, the visitors will have hardware and software exhibition with the presentation of the latest mining equipement and innovative blockchain-based applications.

The ticket are already on sale on the official site, and until January 31, 2018 there is a 60% discount. 

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   83

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.