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After United States, India May Ban MacBook Pro from Flights in Country
26.8.2019
One thing that airline regulators take very seriously is anything that could even remotely put a flight in danger and usually, they move swiftly to tackle the source of the problem. Earlier this year it emerged that Apple had decided to replace the batteries in MacBook Pro laptops that had been...
Minds Behind Crypto Scam Charged with $500,000 and More by US FTC
25.8.2019
On February 16th, 2018, the Federal Trade Commission (FTC) of the United States filed a lawsuit against four individuals—Thomas Dluca, Louis Gatto, Eric Pinkston, and Scott Chandler—for violating FCT Acts by “advertising, marketing, and promotion of purported money-making schemes.” In their...
US FTC Settles With Alleged Crypto Pyramid Scheme for $500,000
24.8.2019
The U.S. FTC settles with alleged crypto pyramid schemes Bitcoin Funding Team and My7Network for a total of over $500,000
US Lagging behind China’s Development of National Digital Currency, Circle CEO
24.8.2019
Jeremy Allaire, the Circle CEO, mentions that the U.S. is falling behind the development of China’s national digital money, which could change the manner in which western organizations conduct payments. Recently, the Circle CEO, Jeremy Allaire spoke to the Global Coin Research podcast this...
Amazon Backs Up Walmart and Says That Tesla Solar Panels Caught Fire
24.8.2019
The specter of global warming and climate change has made it a necessity for companies as well as households to make an effort to switch to cleaner sources of energy. Over the past few years, solar energy has emerged as one of the more popular sources of alternative energy and electric car maker...
Initiatives of Blockchain Education Unveiled at Three California Universities
22.8.2019
According to the latest reports, blockchain education programs are being introduced at three California Universities. These programs are curated by an eminent blockchain entity with a VC-backing which has previously crafted courses for universities, including Oxford, Cambridge, and Harvard....
E-Commerce Giant Amazon Opens Its Biggest Campus in Hyderabad
22.8.2019
Amazon started more than two decades ago as an online bookstore but over the years the company managed to turn the e-commerce industry on its head to become one of the most valuable companies in the world. Nowadays it does billion of dollars in business and has huge operations all across the world....
US Treasury Department Tightens Against Cryptocurrency Addresses Associated With Chinese “Drug Kingpins”
22.8.2019
The U.S. Treasury Department’s Office of Foreign Assets Control has enlisted three Chinese nationals and their cryptocurrency addresses, alleging they violated money laundering and drug smuggling laws. The United States Treasury Department has constituted different cryptocurrency addresses...
White House Advisory Reports Trading of Illicit Substances Through Cryptocurrencies
22.8.2019
The White House released two advisories on drug purchases in the U.S. Wednesday, via the communications that marked particular implications to the trading with cryptocurrencies in buying drugs. It was executed with other government agencies as a part of a broader cooperative effort “to end...
Glen D Fogel’s Staunchly Optimistic Views On Cryptocurrency Are Reassuring Travel Giants
21.8.2019
Glen D Fogel, the CEO of American giant Booking Holdings, holds staunchly optimistic views on cryptocurrency and its course in the future of payments. Fogel, the president of one of the world’s fastest-growing travel companies also expressed a keen interest in Facebook’s megaproject Libra in...
Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
The World Bank Sells Additional 33.8 Million USD of Its Private ETH Blockchain Bonds
20.8.2019
According to the latest buzz, the World Bank has successfully issued the 2nd bout of its iconic blockchain bonds. Additional 50 million Australian dollars (worth about 33.8 million United States Dollars) have been raised by the Bank. It was accomplished through sales of the bond-i (debt instrument...
Santander to Introduce Ripple Powered One Pay FX Remittance Service in Latin America
19.8.2019
Santander Group, one of the largest banking conglomerates in the world, will be increasing the use of Ripple’s services, by introducing the Ripple powered remittance service, One Pay FX in Latin America. The banking giant from Spain is building a payment corridor, which would enable users Latin...
Chinese Credit Card Repayment Company Samoyed Cancels US IPO Due to ‘Unfavourable Market Conditions’
17.8.2019
The raging trade war between the United States and China is something that is almost always going to be on the background of any business deals that might be taking place, which involves entities in either nation. In a new development, Chinese Fintech company Samoyed Holdings Limited has decided...
Alibaba Co-Founder Joe Tsai All Set to Splash $3.3 Billion to Buy the Brooklyn Nets and Barclays Center
17.8.2019
Over the course of the past two decades, ownership of sports teams has become one of the most important trends among the billionaires of the world, and it is all set to continue. Billionaires and the ultra-rich have bought sports team in the United States and soccer clubs in Europe quite frequently...
US Aviation Regulator FAA Bans Some MacBook Pro Laptops from Flights
15.8.2019
When it comes to flights, regulators need to be extremely careful about what they allow onboard and what not. Even the slightest spark of fire on board can result in a gruesome accident and hence, most aviation regulators across the world take a dim view of anything that could prove to be a fire...
Seed SEF Starts Testing of Its Physically Settled BTC Swaps
15.8.2019
Seed SEF (Swap Execution Facility) has begun the UAT (User Acceptance Testing) of its physically settled Bitcoin derivatives, as announced by the firm on 13th August 2019. The testing will continue until early August. The company’s UAT environment is now open for clients to commence trading...
Three of the World’s Biggest Tech Companies to Testify Against French Digital Tax in US
14.8.2019
Over the past two decades, some of the biggest tech companies in the world originated in the United States, but it was not long before those companies expanded into the rest of the world. As long as those companies operating in the United States, they were governed by tax laws in their native...
Head of FTC says He is Willing to go After Big Tech and Break the Companies Up
14.8.2019
If there is one thing that has been established beyond doubt, then that is the fact that much of the world is now heavily influenced by some of the biggest tech companies. Hence, over the past few years, there has been the talk among regulators and critics of the tech industry that many of...
SEC Lodges Emergency Action Against Fraudulent Organizer of VERI ICO
14.8.2019
The United States Securities and Exchange Commission (SEC) has sought that the assets belonging to the organizer of VERI (Veritaseum) initial coin offering, Reginald “Reggie” Middleton, be frozen. The Commission has accused Middleton for conducting an illegal and fraudulent ICO for the VERI coins...