About Author:
1 Confirmation with Jeff and Dave
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart...
In a major push for the development of blockchain skills among the working populace, the Australia Labor Party has announced that it will commit $2.1 million towards the creation of Australia’s first Blockchain Academy in Perth, ZDNet reports, May 1, 2019. Blockchain Academy to Open in Perth Australia’s opposition party,...
On April 30, 2019, Amazon announced that its cloud computing platform subsidiary Amazon Web Services (AWS) has made its Amazon Managed Blockchain (AMB) offering generally available. Amazon Managed Blockchain Enters the Market Amazon’s latest offering to the budding blockchain space, AMB, provides a whole host of enterprise-grade services to simplify...
According to a report by Motherboard published April 27, 2019, software tools development firm Docker’s database was recently breached by hackers who might have stolen sensitive data from around 190,000 of the company’s clients. Hackers Run Away with Sensitive Data Despite the abundance of strong anti-theft and cyber-security solutions, instances...
New York-based stock exchange Nasdaq has declared that from May 1, 2019, it will add the real-time Ripple (XRP) Liquidity Index to the Nasdaq Global Index ServiceSM (GIDS.) Nasdaq made the announcement on April 29, 2019. XRP Index on Nasdaq Effective from May 1, traders will be able to track...
On April 29, 2019, Quebec’s energy regulator Regie de l’energie announced that it will move forward with the proposal to allocate an additional 300 MW block of electricity to the local blockchain ecosystem. With this, the Canadian province’s blockchain industry has a total of 668 MW of electricity at its...
According to a TechCrunch article published April 29, 2019, the increasing popularity of self-driving vehicles might spell huge problems for road traffic. Self-Driving Cars to Soon Hit the Road There’s no doubt that self-driving or autonomous vehicles are the future of transportation in the 21st century. The rise of technologies...
Ahead of one of the most anticipated initial public offerings (IPOs) of 2019, Slack Technologies Inc. in its filings with the US Securities and Exchange Commission (SEC), warned investors that it’s a prime target for nation-scale hacking groups. This according to a report by Motherboard, published April 26, 2019. A...
Iceland-based debit and credit card company Valitor has been ordered to pay $9.85 million (1.2 billion Icelandic Krona) for illegally blocking payments to WikiLeaks in 2010, reports local media outlet The Reykjavik Grapevine, April 25, 2019. A Multi-Year Legal Battle Comes to Closure Visa and Mastercard’s partner company in Iceland,...
Conmen in Australia made approximately $4.3 million via cryptocurrency scams in 2018 – an alarming increase of 190 percent vis-à-vis the $190 million figure from 2017. This according to a report by Hardfork, published April 29, 2019. Crypto Scams Increase Manifold Down Under Citing data from a document by the...
According to April 29, 2019, article published by Bloomberg, the United Arab Emirates (UAE) has eclipsed the U.S. as the world’s crypto capital. The UAE Outshines the US Towards the end of the rollercoaster ride that was 2018, the majority of crypto enthusiasts opined that 2019 could be a make...
In an attempt to grab a bigger share of the blockchain market, electronics giant HTC has announced that it will release a second-generation blockchain-powered smartphone in the second half of 2019. This according to a report by Taiwan Times, published April 28, 2019. Next Gen Blockchain Phone After the successful...
Britain’s largest automobiles manufacturer, Jaguar Land Rover is testing a prototype that would allow its drivers to earn MIOTA digital currency as a reward for sharing data, Reuters reports, April 29, 2019. IOTA Enters the Race for DLT Adoption Germany-based blockchain project IOTA, which seeks to disrupt the Internet of...
New York-based financial assets trading platform E*Trade is poised to offer cryptocurrency trading services, sources told Bloomberg, April 27, 2019. E*Trade to Make Entry into Volatile Crypto Industry Per sources in the know of the matter, E*Trade will begin its operations by offering bitcoin (BTC) and ether-based crypto (ETH) products....
A Bloomberg report published April 26, 2019, posits that retail investors stand to lose the most in the aftermath of the recent Bitfinex-Tether fiasco. Sources told the publication that small investors’ crypto funds are at a significantly higher risk vis-à-vis multimillion-dollar portfolios of institutional investors. Retail Investors at the Bottom...
