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South African Bitcoin-Based Trading Firm Investigated for Fraud
19.8.2020
After promising on its website to “take the hassle out of forex trading by doing it all for you,” a South Africa-based company is now under investigation by the country’s financial regulator, saying that the return figures which the company flashes seem “far-fetched and unrealistic.”
Per a press...
US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case
16.8.2020
The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...
Major South Korean Chat App Bets Big on NFT-Based Stock Trading
15.8.2020
The race for blockchain adoption is on in South Korea
Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States
14.8.2020
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending...
Bitcoin.com Wallet Reveals USDT Support – Users Can Swap and Store SLP-Based Tether
13.8.2020
During the first week of July, Bitcoin.com’s Wallet added a number of new features including a portfolio breakdown and honestcoin (USDH) swapping abilities. With the latest update this week, Bitcoin.com Wallet users can now store the SLP-based stablecoin tether (USDT) in their wallets...
Japan’s Top HR Firm Is Working on a Blockchain-Based Recruitment App
13.8.2020
Your next job might hire you using the Blockchain
Sheep Farmer’s Alleged Baby Food-Based Bitcoin Extortion Attempt Thwarted
11.8.2020
File this one in the “stranger than fiction” category
Peru, India, Indonesia, Nigeria Among Countries With Highest Crypto Usage Increase
11.8.2020
Peru, India, Indonesia, and Nigeria are among the countries with the biggest increase in crypto wallet creation based on data from Blockchain.com, which has over 52 million wallets created by users worldwide. Nigeria has been the most trending country in recent months, with a 60% increase since...
Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister
10.8.2020
On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister has said it could help grow the national economy
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
10.8.2020
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In...
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
8.8.2020
Zhejiang province issued its first blackout insurance policy backed by a blockchain platform
Blockchain-based Pay’s the Way for South Korean Highways
7.8.2020
Blockchain-powered payments are coming to South Korea’s highways – with the nation’s motorway operator sealing a deal that will see it use blockchain technology to power toll payments across the country before the end of the year.
Per D Daily, KEB Hana Bank, one of the nation’s biggest commercial...
Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
7.8.2020
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker...
Reviving Tourism and User Privacy Via Blockchain-Based ID Systems
6.8.2020
Blockchain could be key for ensuring user privacy in COVID-19 contact-tracing apps
Kadena Announces First Crypto-based Gas Station
6.8.2020
Kadena is one of the well-known names in the blockchain industry. The organization has carved out a place owing to its competence in offering the blockchain products/applications in a simple and uncomplicated manner. Its smart contract feature is user-friendly, while its wallet application can...
Bloomberg: Ethereum’s Rise is Speculative While Bitcoin’s Price Is Based on Fundamentals
5.8.2020
Bloomberg finds Ethreum’s bull run to be speculative while contending that Bitcoin’s appreciation is driven by fundamentals
Coinbase Follows Huobi in Supporting .Crypto Domains-Based Payments
5.8.2020
Coinbase Wallet now allows to register and store “.crypto” domains, featuring payments through domain handles instead of cryptographic addresses
Blockchain-based IP Protection Application Gets Investment
2.8.2020
A blockchain startup is leveraging the technology to protect content creators and maintain copyright over their works
Ripple Says XRP Lawsuit Based on ‘Unsupported Leaps of Logic’
31.7.2020
Ripple has hit back at the lead plaintiff in an ongoing class-action lawsuit accusing the firm and its CEO of securities fraud
Crypto Exchange Operator Diginex to List on Nasdaq in September
31.7.2020
Crypto startup Diginex has launched a cryptocurrency exchange ahead of its Nasdaq listing which has already been approved by the U.S. Securities and Exchange Commission (SEC). The new exchange is based in Singapore where Diginex has applied for a license. Diginex Set to List on Nasdaq...