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Facebook Engages Former Aide of US Senate Banking Committee to Campaign for Its Cryptocurrency Libra Project
7.8.2019
Facebook has engaged Former Aide of the U.S. Senate Banking Committee to campaign for its new Libra cryptocurrency venture. The U.S. Senate’s ongoing hearings on cryptocurrency had a few representatives state that they are supportive of the U.S. driving in crypto and blockchain, while others...
tZERO Awarded Patent for TOME Technique to Record Exchanges on Public Blockchain Ledgers
7.8.2019
tZERO, the worldwide leader in blockchain technology for capital markets, reported that it was granted a patent by the U.S. Patent and Trademark Office for TOME (Time Ordered Merkle Epoch) Technique. Regardless, TOME is a base-layer innovation that utilizes digital identification to record...
UK’s Tax Authority Requests User Data From Crypto Exchanges: Report
6.8.2019
UK tax service has reportedly requested that crypto exchanges provide it with user info to track down tax evasion
China Designated as Currency Manipulator by United States Treasury
6.8.2019
In what can be termed as an unexpected turn of events, the United States Treasury has designated China as a Currency Manipulator. The announcement has been done via the Treasury Department’s official Twitter handle on 5th August, followed by a press release. U.S. Treasury Designates China as...
North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN
6.8.2019
UN: crypto hacks make big cash for North Korean gov’t
UK Data Protection Watchdog Raises Concerns Over Facebook’s Libra
5.8.2019
The U.K.’s data protection watchdog is seeking details on user data protection protocols within Facebook’s Libra project
MIT’s AI Lab Scrutinizes 200,000 Bitcoin Transaction, only 2% Found To Be Illicit
4.8.2019
There has been a lot of talk around the misuse of Bitcoins, especially after US President Donald Trump’s tweet on the apex cryptocurrency, stating that it is a used for illegal activities like drug trafficking and money laundering. However, recent research by Massachusetts Institute of Technology...
Utah Becomes the 3rd Jurisdiction in the US to Facilitate Voting Based on Blockchain
3.8.2019
Utah County has decided to facilitate mobile voting powered by blockchain technology in their upcoming municipal primary election. By doing so, it has become the 3rd jurisdiction in the United States that has resorted to the use of this technology for the purpose of voting. As per the press release...
Is it Time to take Inspiration from the Decentralized BTC?
31.7.2019
Yesterday, Capital One informed that on 19th July, the company discovered ‘unauthorized accesses to its sensitive information database. The individual behind this act has been arrested. The offender stole 100 million Capital One customer’s account and credit card information. The crime and...
Libra Might Never be Launched, Says Facebook
30.7.2019
The company is now thinking on how wise it is to suck up all the international regulatory challenges for a crypto that is based on a new technology which is not yet tested by time and the vast 2+ billion user base of the company. In the filing submitted to the U.S. SEC, Facebook expressed...
Verizon is All Set to Hop into the Blockchain Train
29.7.2019
Verizon, the subsidiary of Verizon Communications, is one of the leading wireless telecommunications providers in the United States. It is a telecommunications company that offers wireless products and related services. After making it big in the telecom industry, Verizon is all set to launch into...
More Than Third of Investors in US Ready to Invest in Bitcoin, Says Grayscale Investments Survey
29.7.2019
Bitcoin was intended as currency, rather than an investment tool. However, it ironically has become one of the most preferred investment options in the world. As per a new survey by Grayscale Investments, about 36% of the investors in the United States are willing to invest in BTC. That means...
Ripple Writes Open Letter to Government, Asks for Fair Crypto Regulations
29.7.2019
Leading crypto-blockchain network Ripple has penned an open letter to the US Government, requesting fair regulation of the crypto industry. The letter comes as a response to the growing dissent in the government regarding digital currencies, especially after social media giant, infamous for several...
Crypto Community Calls for Decentralized Login and Storage System, As GitHub Bans Iranian Developers
29.7.2019
Iranian software developers wake on Sunday to only find that they have been blocked by GitHub, citing the ongoing sanctions on their country by the United States. The world of crypto also seems to be worried and has called for a decentralized alternative to avoid such cruelties. Blockstack...
Bitcoin will Continue Its ‘Meteoric’ Rise in Week, Says Computer Scientist John McAfee
28.7.2019
Bitcoin is falling steadily for the past several days, which has out a dead end to the terrific return of Bitcoin bulls since February. Between March and July, Bitcoin almost tripled in value and reached a peak of around $13,800. However, the prices since late June have tumbled, and BTC...
Trump Administration Sues Notorious Crypto Exchange BTC-e for $100 Million
27.7.2019
Trump Administration has filed a lawsuit of $100 million against infamous Bitcoin exchange BTC-e, and its owner, Alexander Vinnik, in a district court in Northern California. The suit has been filed accusing the exchange of providing crypto services to US residents without complying to the laws...
Year On Year Industrial Profits of China Fall by 3.1% as Trade War Problems Hit
27.7.2019
China had been growing at a breakneck pace over the last three decades or so, but now the country is going through an economic downturn as well. The country’s GDP grew at a slower rate for the first time in three decades and that had a major effect on the domestic demand. To make matter …
The...
John McAfee Lands In London, Mulls Over Running For US President And UK Prime Minister
27.7.2019
A famous crypto promoter and Computer scientist, John McAfee has arrived in London, after all the drams back in the Dominican Republic. He was detained last week by the Dominican Republic Armed Forces for carrying high caliber weapons and ammunition. However, since his re-appearance after going...
Bittrex Partners with Cryptofacil Exchange, Who will Now Accept Deposits in Latin America
27.7.2019
One of the world’s leading crypto exchanges, Bittrex has announced a partnership with Latin America and the Caribbean focused exchange, Cryptofacil. The partnership will allow Cryptofacil to accept deposits of the exchange’s listed digital tokens. Congratulations to our partner @CryptofacilEX....
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
25.7.2019
Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....