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Ernst & Young (EY): Nearly 17,000 Claims From Creditors Submitted On QuadrigaCX Assets
Ernst & Young (EY), the trustees of the now-bankrupt QuadrigaCX crypto exchange, announced nearly 17,000 applicants have filed for the remaining assets of the exchange. According to the published note on May 6th, EY claimed it will pay out the funds, totaling to around $300 million in current valuation, in Canadian dollars. However, the process […] дальше »
2020-5-13 20:46 | |
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Binance.US Rolls Out An OTC Desk With A $10,000 Minimum Trade Value
The US branch of the largest crypto exchange in the world, Binance US has announced the introduction of an over-the-counter (OTC) platform to serve large trades worth $10,000 and above. According to an official statement released by the company, the new feature will enable Binance users to easily process orders worth at least $10,000 directly […] дальше »
2020-5-12 23:50 | |
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Tesla, SIPG, Cosco Trial Blockchain Technology to Streamline Cargo Shipment
According to April 7, 2020, report by Splash 247, software firm CargoSmart, in partnership with Cosco, Shanghai International Port Group (SIPG), and Tesla recently conducted a pilot project to test a new application that could transform the cargo release process via blockchain technology. дальше »
2020-4-8 19:00 | |
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Tech Giant Microsoft Patents New Bitcoin (BTC) Mining System
Tech giant Microsoft has patented a new crypto mining solution that uses human bodily activity data to reward people with digital currency when they perform certain tasks. The firm says the new system aims to reduce computational energy consumed during mining while also making the mining process faster, according to a report released April 6,Read MoreRead More. дальше »
2020-4-8 01:00 | |
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Crypto Exchange Binance Reportedly Set To Acquire CoinMarketCap For $400 Million
Binance, one of the world’s largest crypto exchange firms, is in the process of acquiring the famous CoinMarketCap. The deal is expected to be closed with Binance parting with almost $400 million, according to a post by The Block. дальше »
2020-4-1 16:09 | |
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Ethereum 2.0 Security Audit by Least Authority Reveals Two Major Shortcomings
The audit process began back in January and both entities have been working together to realize this review. According to the report by Least Authority, ETH 2. 0 is infrastructure is comprehensive and well thought out. дальше »
2020-3-26 15:47 | |
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RippleNet’s Network Effect Enhances Cross Border Remittances For Korean Fintech Firm Sentbe
According to J Young Lee, Sentbe's head of strategy, cross-border remittances are generally costly and time-consuming but with RippleNet coming on board, Sentbe has made the process faster, cheaper, as well as, convenient. дальше »
2020-3-20 00:42 | |
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HIVE Blockchain Expanding Its Ethereum Mining Operations by 20 Percent
Hive Blockchain (TSX. V:HIVE), a publicly listed cryptocurrency mining company has announced that it’s now in the process of expanding its GPU-based Ethereum mining farm in Sweden. The firm says the move will enable it to increase its Ethereum mining production by as much as 20 percent, according to a press release. дальше »
2020-3-13 02:00 | |
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Oracle and IBM Team Up To Tackle Enterprise Blockchain Interoperability
IBM and Oracle are in the process of integrating blockchain networks built on Fabric according to an announcement during the Phoenix Hyperledger Global Forum. Oracle’s senior blockchain director, Mark Rakhmilevich, noted that this initiative began way back in 2018 with SAP onboard as well; “We have done full testing with IBM and SAP. The three […] дальше »
2020-3-10 16:48 | |
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ConsenSys Continues Restructuring Process with ConsenSys Health Spin-Off
ConsenSys, an Ethereum-based blockchain project led by Joe Lubin, has announced that ConsenSys Health has now become an independent entity, as part of its restructuring process, according to a Ledger Insights report on February 26, 2020. дальше »
2020-2-27 16:00 | |
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Canada’s Crypto Guidance Is ‘Really Positive’ But Everyone Won’t Survive the Process
Last week, Canada’s security regulators released new guidance which is a positive step towards regulating cryptocurrencies. According to the crypto trading platform CoinSquare, CEO Cole Diamond, Canada right now is at a “pivotal point” where the authority has an “unbelievable opportunity to lead globally by putting the right regulations in place for digital assets.” The […] дальше »
2020-1-22 17:23 | |
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After Raising $13M In An Unregistered ICO, The SEC Orders BCOT To Pay $250k And Return Funds
Blockchain of Things Inc (BCOT), a New York founded startup, has been penalized $250,000 by the SEC for launching an ICO without following the proper registration process. The firm is also expected to cease any crypto operations that result to a violation of the securities law. дальше »
2019-12-19 17:34 | |
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Justin Sun Rolls Out Beta Test For Shielded Transactions on The Tron (TRX) Network Using zk-SNARK
According to Justin Sun, the CEO of the Tron Foundation, they are ready to beta-test shielded transactions. This would allow the network to process private transactions that hide the sender and receiver’s addresses, transactions input and output and the whole amount transacted between parties. дальше »
2019-12-17 20:29 | |
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Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year
According to the blockchain analysis firm Ciphertrace, major U. S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered cryptocurrency transfers. дальше »
2019-12-17 03:30 | |
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Major Banks Unknowingly Process Billions in Crypto Business, Says CipherTrace
According to CipherTrace, major U.S. banks unwittingly process billions of dollars from crypto-related business because they are ill-equipped to identify virtual asset service providers
дальше »2019-12-17 14:54 | |
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Verizon Hiring Blockchain Experts for ‘Distributed Network’ Project
U. S. telecom giant Verizon appears ready to join the blockchain space as its website currently lists 35 vacancies requiring ‘blockchain technology knowledge’. Verizon Joins the Fray A recent LinkedIn post for blockchain-engineers indicates that telecom giant, Verizon, could be in the process of building a blockchain-based product focused on privacy, payments, and security. дальше »
2019-7-29 08:25 | |
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Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500
Crypto analyst John Kolovos recently told Bloomberg TV that Bitcoin price will drop to $8,500 before sharply rebounding. 4-Digit Bitcoin Price Is A Steal Earlier this week Macro Risk Advisors chief technical analyst John Kolovos spoke with Bloomberg TV about Bitcoin price action and the recent Congressional and Senate hearings over Facebook’s Libra cryptocurrency. дальше »
2019-7-20 09:37 | |
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Top South Korean Credit Card Company, Shinhan Card, Patents Its Blockchain Payments System
South Korea's most popular credit card firm, Shinhan Card based in Seoul has been granted a patent for its blockchain-based payments system. According to the report shared by the Korea Times, the firm using the newest patent technology has built the global’s first blockchain-powered credit card transformation process that enables settling spending limits, carrying out […] дальше »
2019-7-15 20:22 | |
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Ethereum’s Token Reduction to Take Hold by 2021, Researcher Affirms
Justin Drake, an Ethereum researcher, has recently talked about the upcoming developments which will happen on Ethereum during the process to create the so-called Ethereum 2.0 phase of the system. According to him, the network might decrease tenfold the issuance of new tokens starting in 2021. He even laid out a possible timeline for the […] дальше »
2019-7-6 03:37 | |
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Humans and AI will work better when they start learning from each other
In the age of big data and breathtaking advances of artificial intelligence, social infrastructure promotes digital engagement and active presence. Digital democracy propagates the participation of a growing number of users to interact with institutions and services, ensuring that decisions made by AI-powered digital tools reflect human values. дальше »
2019-7-5 15:22 | |
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ITI Funds and Bitfury Team Up to Satiate Institutional Appetite for Cryptocurrencies
According to an article published by Institutional Asset Manager, on June 25, 2019, ITI Funds has collaborated with Bitfury Group to implement a process for cryptocurrencies transactions compliant with the KYC and AML procedures applicable to funds and investment management companies. дальше »
2019-6-26 11:00 | |
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AICPA to Update Auditing Rules to Reflect Blockchain and New Technologies
The Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA), has announced plans to update the existing auditing standards to reflect the impact of new technologies such as distributed ledger technology (DLT), robotic process automation (RPA), artificial intelligence (AI) and others on the rapidly evolving technical audit industry, according to aRead MoreRead More. дальше »
2019-6-26 05:00 | |
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Cardano’s Shelly Testing Program Official Rolls Out, Here Are Some Safety Tips Provided
In a recent tweet made on Friday, June 21, the Cardano Community finally revealed the Shelly “testing program”, which the team deems is the initial step to the Shelley TestNet. https://twitter.com/cardanostiftung?lang=en According to the claims made, the Cardano Shelly TestNet is a tool for ADA users and developers to experiment with staking – a process […] дальше »
2019-6-22 19:23 | |
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Liquefy Partners with NEO Global Development to Seek Security Token Ecosystem Creation
Automating Token Management Process According to the details regarding the partnership, NGD will invest in it, besides being a partner. We are excited to work with @LiquefyTech, to develop a NEO-based security token ecosystem! https://t. дальше »
2019-6-12 19:25 | |
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Insurance firm Legal & General adopts Amazon’s blockchain for pension deals
Legal & General, a multinational British insurer, has partnered with Amazon to create a blockchain system for corporate pension deals. According to Reuters, Legal & General will be using Amazon Web Services’ managed blockchain system to process bulk annuities – benefit pension schemes sold by companies to insurers in a bid to mitigate risks for policy holders. дальше »
2019-6-12 17:49 | |
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3 years later, Visa’s blockchain-powered payment network finally goes live
Visa’s blockchain-powered B2B payments product has finally gone live after almost three years in the making. First made public in October 2016, the Visa B2B Connect network is being made available in 30 markets, with plans to expand to as many as 90 territories by the end of the year. дальше »
2019-6-12 13:09 | |
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Crypto Exchange CoinGate Sees Ripple XRP Payments Doubling Since February; Adoption Setting In?
CoinGate Informs XRP Transactions Grow According to a recent report released by CoinGate, XRP usage continues to rise. The virtual currency is being used by crypto users in order to process cross-border payments. дальше »
2019-6-10 03:00 | |
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This Crypto Startup Hacks Its Own Users’ Wallets to Rescue $13 Million
By CCN: Better the thief you know than the one you don’t. Cryptocurrency platform Komodo has had to hack its users after discovering a serious security flaw in one of its wallets. According to a press statement by the blockchain startup, Komodo’s cybersecurity team was able to ‘sweep’ in and retrieve 8 million Komodo coins (KMD) and 96 Bitcoin before hackers got hold of the exposed loot. дальше »
2019-6-7 15:19 | |
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Baltimore’s Ransomware Bill Hits $18 Million. Hackers’ Demand? $80,000 in Crypto
By CCN: Total costs from the crypto ransom attack last month on Baltimore’s networks is likely to exceed $18 million. According to Ars Technica, this will include $10 million to fund the full recovery of the IT infrastructure. дальше »
2019-6-6 17:40 | |
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Want a US visa? Fork over your social media details first
Trump administration’s latest move to vet people during the visa process is to ask for their emails and social media handles. And according to a report by Hill. TV, if you lie about your accounts, you can face “serious immigration consequences. дальше »
2019-6-3 12:45 | |
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North Korean hackers caught phishing for South Koreans’ cryptocurrency
Hackers from North Korea are making headlines again, this time for going after the funds of users of South Korean cryptocurrency exchange UpBit. The hackers allegedly sent a phishing email to UpBit users earlier this week. дальше »
2019-5-31 11:29 | |
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Cryptopia’s non-verified customers reportedly may not get funds back; Chaincreator offers to acquire platform
Cryptopia, the New Zealand exchange that closed its business because of hack that led to a loss of millions of dollars, would reportedly not be giving funds back to its unverified users, according to a Steemit report by Gary Johnston. дальше »
2019-5-31 21:43 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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South Korea’s Shinhan Bank Introduces Blockchain Platform for Document Verification
South Korea’s Shinhan Bank has announced the introduction of a blockchain system that replaces the manual verification process of documents, according to a report by CNB Journal. The blockchain system has been applied to the Shinhan Doctor Loan product aimed at medical professionals and considerably reduces the time spent to verify documents such as certificates […] The post South Korea’s Shinhan Bank Introduces Blockchain Platform for Document Verification appeared first on Coinjournal. дальше »
2019-5-28 13:56 | |
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NEM Ventures To Improve Project Quality With Higher Funding Requirements
The NEM (XEM) community has been too generous with development funding, according to leaders of its new investment arm. One of the General Partners of NEM Ventures says that many projects which reached the final stage of the old funding process would not have made it over the first hurdle under the new regime. дальше »
2019-5-23 22:46 | |
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Binance Announces 'Significant' Security Changes Following Hack
Cryptocurrency exchange Binance has revealed that it will be revamping its security network to prevent a recurrence of the 7,000 BTC hack it experienced on May 78, 2019. дальше »
2019-5-11 19:59 | |
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Binance Reveals Hack Information as Security Becomes a Public Concern
This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin. дальше »
2019-5-10 18:48 | |
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Understanding the Term ‘Wash Trading’ Inside the Cryptocurrency Exchange Activities
According to Investopedia, wash trading is a “process whereby a trader buys and sells a security for the express purpose of feeding misleading information to the market.” One sign of wash trading is when the trading volume of a financial instrument increases where there is no sign of market demand beforehand. Further, the increase in […] дальше »
2019-5-5 00:47 | |
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REBGLO – Bringing Sustainability in the Cryptocurrency Domain
According to the reports, the cryptocurrency mining process requires three times more energy than digging up gold that is worth a dollar. In fact, global Bitcoin mining alone has transcended the energy consumption of some nations including Ireland in recent years. дальше »
2019-5-1 00:39 | |
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Cryptojacking Malware Hackers Shift Gears to Target Businesses Rather Than Crypto Investors
Hackers have been plaguing the cryptocurrency world for quite some time, often going through phishing schemes or similar scams. Cryptojacking, for example, is a process that involves hacking into a computer to mine Bitcoin without the user even knowing. дальше »
2019-4-30 19:59 | |
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Moody’s Report: Blockchain Disruption of Finance Markets Poses Systemic Risk
Mainstream financial institutions are increasingly adopting blockchain technology within their organization, according to a recent report from Moody’s. The Credit Ratings Agency, however, believes that the onboarding of decentralized technology protocols by these institutions could have profound ramifications for the global finance industry. дальше »
2019-4-30 11:00 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Mt. Gox Bitcoin Stash Won’t Move Until 2020 as Payout Delayed
The trustee of defunct Bitcoin exchange Mt. Gox has again extended the deadline for submitting and approving the rehabilitation plan to repay users. Trustee Blames ‘Large Amount’ Of Claims According to a translated statement, which appeared April 25, Nobuaki Kobayashi, Mt. дальше »
2019-4-26 15:00 | |
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Samsung Coin? Electronics Giant Secretly Tests Ethereum Blockchain (ERC20) Token: Report
By CCN. com: According to CoindeskKorea, a crypto publication operated by mainstream media outlet Hankyoreh, Samsung Electronics is reportedly developing an Ethereum-based ERC20 token and is currently in the process of creating a mainnet. дальше »
2019-4-24 14:33 | |
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PSA: Apple will now fix your MacBook’s faulty keyboard within a day
Apple has made a key change to how it handles keyboard repairs with MacBook and MacBook Pro models, so you’ll be able to get your laptop fixed in roughly 24 hours from the time you bring it into the store. дальше »
2019-4-24 09:20 | |
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