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AlCoin Invests in Global Health Care Provider Sevamob
AICoin, a Singapore-based blockchain firm has invested in Sevamob, a leading platform in AI healthcare technologies. AICoin, a tokenized group that uses profits from its crypto trading operations to invest in early-stage AI startups, has invested in Sevamob Ventures USA Inc. дальше »
2019-5-21 23:23 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Is PayPal Reconsidering the Likes of Blockchain and Bitcoin? CFO Explains the Reasons Why
In recent times, news has been flourishing in regards to traditional businesses incorporating the likes of blockchain technology and cryptocurrencies to better their operations. One example of this is the announcement made by the team at PayPal – where the firm revealed earlier in April that they’ve joined a Series A investment in Cambridge Blockchain […] дальше »
2019-5-13 22:20 | |
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »
2019-5-3 17:40 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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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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Breaking: NY AG Alleges Bitcoin Exchange Misused Tether to Hide $850M
By CCN: The office of New York Attorney General Letitia James has officially obtained a court order to request iFinex Inc, the operator of bitcoin exchange Bitfinex and Tether, to cease operations in New York. дальше »
2019-4-26 01:21 | |
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Bitcoin ATM Firm ‘Auscoin’ a Front for International Drug Smuggling Ring: Australian Police
By CCN. com: As bitcoin entrepreneurs who founded the fast-growing Auscoin Bitcoin ATM business in Australia, there was nothing suspicious about Steen McBeth and Sam Karagiozis leading a flashy lifestyle including driving Lamborghinis and BMW motorcycles. дальше »
2019-4-22 12:36 | |
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South Korea: Crypto Exchange Coinnest Shutting down Operations
Coinnest, a leading South Korean exchange, and bitcoin trading venue have announced it’s closing shop due to challenging market conditions and other unfavorable factors that have hampered its continued growth, according to a press release by the firm on April 18, 2019. дальше »
2019-4-19 01:00 | |
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Western Union Partners With Crypto Wallet for Cross-Border Transfers
Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins. дальше »
2019-4-10 00:19 | |
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Ripple Will Double Headcount in Its Singapore Office As It Eyes Regional Expansion in Southeast Asia
Ripple, the U. S. blockchain firm behind the XRP cryptocurrency, intends to double its staff working at its Singapore headquarters from 12 to 24 over the next year in a bid to offer a wide range of operations that are not only limited to customer service, as reported by Finews Asia on April 8. дальше »
2019-4-9 16:39 | |
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New York Kraken Ex-Employee Sues Crypto Exchange Over Failure to Pay $900,000
Kraken has repeatedly said that it has no operations in New York but a lawsuit by an ex-employee has disputed this putting the bitcoin exchange at risk of facing the wrath of financial regulators in the Big Apple. дальше »
2019-4-8 16:56 | |
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Continued Bear Market Leads to Delisting of Bitfarms Mining Company from Tel Aviv Stock Exchange
The bear market has left a lot of victims in its path, and there have been many companies that have been forced to shut down their operations to avoid losing anything else. In the Tel Aviv Stock Exchange, the major losses sustained by one crypto mining firm have been substantial enough to pull them off […] дальше »
2019-4-2 17:14 | |
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BOA Tech Chief Says Blockchain Technology May Amount to Nothing
Cathy P. Bessant, chief operations and technology officer at the Bank of America (BOA), a multinational investment bank and financial services firm, has opined that blockchain technology has no significant use case in finance and could amount to nothing in the near future, reports CNBC on March 25, 2019. Bessant Not Confident in DLT DespiteRead More дальше »
2019-3-28 02:00 | |
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Binance Joins IdentityMind To Shore Up Data Security
Leading cryptocurrency exchange Binance has partnered with ‘RegTech’ firm IdentityMind to streamline its custodial and security operations. IdentityMind, a Software as a Service (SaaS) company focused on security and regulatory compliance, will now work to help improve data protection and identity verification for the exchange. дальше »
2019-3-26 19:41 | |
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Cybersecurity Provider Kudelski Partners with Hosho to Audit Smart Contracts for Blockchain Security
Two very important companies have started a strategic partnership recently. Kudelski Security, a provider of cybersecurity solutions, has teamed up with Hosho, a prominent smart contract auditing firm. дальше »
2019-3-21 02:09 | |
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Gatecoin Cryptocurrency Exchange Calls It Quits After Six Years And $2 Million Hack
Gatecoin Cryptocurrency Exchange Calls It Quits After Six Years. Gatecoin, a Hong Kong-based cryptocurrency exchanged founded in 2013 by Aurelien Menant, a former investment banking expert, has announced it is now bankrupt and would end operations with immediate effect, according to a statement by the firm on March 14, 2019. End Of The Road For […] дальше »
2019-3-15 23:22 | |
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Quantstamp Smart Contract Security Firm Goes to Japan with Nomura and Digital Garage Investments
Quantstamp, one of the top Y Combinator-backed firms, has announced their plans of setting up a limited liability company, in this case – Quantstamp Japan GK. This branch will be responsible for assisting Far-East enterprises and startups in firing up their operations using Blockchain technology. дальше »
2019-3-7 17:42 | |
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Uber-Killer Grab Prepares for War in Asia by Raising $1.5 Billion
The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week. дальше »
2019-3-7 00:31 | |
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First Digital Assets Announces Layoffs and Restructuring
The latest firm to restructure its operations in light of the bear market is First Digital Assets, who announced on March 4, 2019, that they would be laying off staff and closing its research arm. Damage Control Many companies have been hit hard by the crypto winter and it would seem that many have beenRead MoreRead More. дальше »
2019-3-6 14:00 | |
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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018
Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018. дальше »
2019-3-1 18:10 | |
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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners
When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. дальше »
2019-3-1 17:19 | |
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New Pwc Report on Crypto Insolvency Captures the ICO Chaos
Accounting firm Pwc’s Hong Kong branch recently released a crypto insolvency report guiding crypto business owners on what to do “when things start to go wrong.” News.Bitcoin.com spoke to the crypto head of Pwc’s Asia operations, part of the team who released the report, on how he views the current cryptocurrency landscape, the factors that […] The post New Pwc Report on Crypto Insolvency Captures the ICO Chaos appeared first on Bitcoin News. дальше »
2019-2-28 04:45 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Donald Trump Just Got Snubbed by UK, Germany in Plan to Block Huawei from Global 5G Domination
Bad news for Donald Trump as Britain and Germany won’t be joining the United States in its crusade to crush Huawei’s operations, but they do need guarantees from the Chinese firm. It seems both countries are not interested in getting caught in the dispute between the U. дальше »
2019-2-20 19:48 | |
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Why Won’t Crypto Exchange Cryptopia Come Clean on How Disastrous Last Month’s Hack Really Was?
New Zealand-based cryptocurrency exchange Cryptopia disclosed that local police have allowed employees to return to the firm’s office following its suspension of operations mid last month after a multi-million dollar security breach. дальше »
2019-2-15 18:53 | |
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Fintech Firm Fire.com Burns Bitcoin Bridges
An Irish Fintech firm has ceased all business operations with cryptocurrency exchanges, seemingly without warning. Fire. com, which offers dual GBP/EUR accounts, informed their account holders on Tuesday that they would no longer be able to buy or trade Bitcoin or other cryptocurrencies using their services, effective immediately. дальше »
2019-2-12 19:46 | |
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Dash-Based Marijuana Firm Alt Thirty Six Reports Massive Rise in B2B Operations Via New Cash Management Option
Alt Thirty Six, a Dash-powered company working in the legal industry dealing with cannabis, has recorded a massive rise on B2B transaction volume using a new solution дальше »
2019-3-27 13:15 | |
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Celsius Network Claims $600M In Crypto-Backed Loans
A lending firm which allows borrowers to use their cryptocurrency holdings as collateral has claimed an “amazing performance” after lending out more than half a billion dollars worth of fiat currency in the last five months of 2018. дальше »
2019-2-7 23:39 | |
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Bearish Crypto Market Claims Another Victim in Mining Space
The long-running bearish sentiment of cryptocurrency market has claimed another victim. Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations. дальше »
2019-1-18 18:06 | |
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Marshall Island Hires Malta’s Strategic Advisor to Assist in the Issue of an Official Cryptocurrency
The government of the Marshall Islands, headed by Hilda Heine, stands firm in its efforts to issue an official cryptocurrency as a mechanism for optimizing financial services and avoiding an exclusive dependence on US Dollars to ensure the proper functioning of banking operations. дальше »
2019-1-13 21:31 | |
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Ripple’s Cory Johnsonon AMZN Using XRP: “Amazon Can Really Benefit From Our Tech Offerings”
Talking at the Cornell Entrepreneurship Summit that was held in NYC recently, Ripple’s chief market strategist Cory Johnson went on record to say that his firm’s suite of cross border payment solutions could really benefit major retail players such as Amazon with their day-to-day financial operations. At the event, Johnson then went on to elaborate […] дальше »
2019-1-6 21:51 | |
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ELSOL Joins Forces with Mr. Koala to Fuel Chinese and South Korean Expansion Plans
ELSOL Company, a highly reputed brand publishing company in South Korea, has partnered with Mr. Koala, the O2O company owner who owns more than 400,000 shopping malls in China, to enable it spread its operations in the Asian region. дальше »
2018-12-17 14:59 | |
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Redstone, Telecor’s Data and Mining Facility Set to Launch in 2019
Telecor has announced the construction of a brand new data and mining center in Russia called Redstone, and it would begin operations in early 2019. The firm says its data center which is being constructed at the Krasnokamensk in almost completed and would serve as the new home for cryptocurrency miners from various regions starting […] The post Redstone, Telecor’s Data and Mining Facility Set to Launch in 2019 appeared first on ZyCrypto. дальше »
2018-12-14 12:21 | |
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Legal Compliance, Patents, and Smart Contracts – Interview With Law Firm Sheppard Mullin’s Blockchain Team Leader
Blockchain technology has unfolded a whole new industry and novel opportunities for business. Entrepreneurs constantly launch new start-ups, trying to apply the nascent technology to real-world applications and improve existing corporate-grade operations. дальше »
2018-12-13 16:59 | |
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Abu Dhabi National Oil Firm Adopts IBM’s Blockchain Solution
The Abu Dhabi National Oil Company (ADNOC), a leading diversified energy and petrochemicals group that claims to produce roughly 3 million barrels of oil and 10. 5 cubic feet of natural gas daily, has joined forces with IBM to enable it integrate distributed ledger technology (DLT) into its operations and reduce risks while fostering transparency and efficiency, according to a press. дальше »
2018-12-11 00:00 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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Crypto Bear Market Has Even Led $15 Billion Bitmain to Lay Off Employees
The ongoing bear market has begun to take its toll on a number of businesses, as many seek to close up operations, reduce staff, or make other changes that impact their ability to stay afloat. The latest cryptocurrency firm to feel pressure due to continued price decline, is the $15 billion-valued mining giant Bitmain. дальше »
2018-12-10 19:59 | |
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ETCDEV has announced shutdown of its current activities
A leading development firm behind Ethereum Classic (ETC) was shut down on Monday. ETCDev had struggled to raise sufficient funds in order to continue its operations. The company, which had been in operation for two and a half years, said its financing issues partly stemmed from the crypto market downturn. Igor Artamonov, ETCDev’s founder and […] дальше »
2018-12-4 09:44 | |
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ETCDev Shuts Down As Crash Destroys Company Finances
The development firm behind Ethereum Classic (ETC) will be shutting down immediately. ETCDev had struggled to raise sufficient funds in order to continue its operations. The company, which had been in operation for two and a half years, said its financing issues partly stemmed from the crypto market downturn. дальше »
2018-12-3 21:23 | |
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