Subreddit "r/btc" hacked

Hackers deleted all new entries, and also modified the style and layouts of r/btc
22 December 2017   316

The moderator account of the Reddit forum r/btc was hacked by unknown persons who deleted all new entries, and also modified the style and layouts of the subreddit. This is reported by Bitcoin.com.

The r / btc forum has allegedly become a victim of cybercriminals because of the ever-growing audience, which already has more than 125,000 subscribers.

It should be noted that the moderators of the largest Reddit forum on crypto-currencies r / Bitcoin removed all references to the hacking of their "competitors" account, thereby severely filtering the incoming information. Despite the fact that this contradicts the "free spirit" of the crypto-currency community, this is a common practice for subreddit.

By now, the problem of r / btc has already been resolved and the forum functions in its regular mode.

Wyoming Passed Bill Exempting Utility Tokens from Securities Laws

The Wyoming House of Representatives has unanimously approved a bill exempting utility tokens from securities laws  
20 February 2018   71

On Monday, House Bill (HB) 70 passed the House 60 to 0 and will now head to the Senate. The bill exempts utility tokens from securities laws. This will attracts ICO’s launches to the state and will make the state a favorable environment for blockchain startups.

According to the bill, the utility token must meet three conditions:

  1. The token’s issuer must not market it as an investment;

  2. The token must be exchangeable for goods and services, for example, startups must have a working product or service at the time the tokens are issued;

  3. The token’s issuer must not actively make efforts to create a secondary market for the token by entering into a repurchase agreement or agreeing to locate buyers for the token.

It is important to note that there are four more cryptocurrency and blockchain-related bills currently moving through the Wyoming legislature.

HB 19 passed the House of Representatives on Monday and is now awaiting introduction in the Senate. The bill exempts cryptocurrency from the state’s money transmitter act.

HB 101 has passed its second reading in the House and, if it passes its final hearing, will then go to the Senate. This bill will allow companies to create and use blockchains for the purpose of storing records and conducting inter-office communication.

HB 126 has just passed its second reading in the House. It will allow the creation of series LLCs.

Senate File (SF) 111 passed a vote to introduce on Friday and is now headed to a committee hearing. This bill will exempt cryptocurrency assets from state property taxes.