US State Department Seeks Blockchain Boost Amid $10 Billion Reboot

US State Department Seeks Blockchain Boost Amid $10 Billion Reboot

The U.S. agency that oversees foreign affairs is looking seriously at blockchain. That's according to John Sullivan, U.S. Deputy Secretary of State, who encouraged the State Department and its private sector partners to embrace the technology as a way to "advance diplomacy and development objectives" at the Blockchain@State forum held Tuesday in Washington, D.
Council Staffers Fired for Bitcoin Mining in Crimea

Council Staffers Fired for Bitcoin Mining in Crimea

Two IT workers employed by an authority in Crimea were fired late last month after they were reportedly caught mining bitcoins at work. RIA Novosti reports that the two unnamed individuals were employees of the Council of Ministers of Crimea, part of the disputed territory's executive branch. The news service indicates the workers installed mining software on computers owned by the council, though the report didn't state how long the operation had been in place.
Government Staffers Fired for Bitcoin Mining in Crimea

Government Staffers Fired for Bitcoin Mining in Crimea

Two IT workers employed by the government of Crimea were fired late last month after they were reportedly caught mining bitcoins at work. RIA Novosti reports that the two unnamed individuals were employees of the Council of Ministers of Crimea, part of the territory's executive branch. The news service indicates the workers installed mining software on computers owned by the council, though the report didn't state how long the operation had been in place.
CFTC Chair Giancarlo: Embracing Blockchain Is in the National Interest

CFTC Chair Giancarlo: Embracing Blockchain Is in the National Interest

Blockchain is in America's "national interest." That's according to J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), who issued the bold proclamation in remarks at a gathering of government technology executives in Washington, D.C. Wednesday morning. But while the blockchain industry has been encouraging regulators and government agencies to embrace the technology for years, this acknowledgment might have more oomph behind it.