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.
Chinyere Nnadi, a Nigerian entrepreneur based in the United States, is spearheading a drive that seeks to solve Nigeria’s oil spill menace. According to an article published by The Hindu on April 22, 2019, Nnadi is using the dual power of biotech and blockhchain technology to aid the noble cause....
The fate of users of the now-defunct cryptocurrency exchange Gatecoin lies in the doldrums due to the lack of clear regulations which could fixate the legal ownership of crypto assets. This according to a report by South China Morning Post, published April 22, 2019. Lack of Regulations Hampering Crypto Growth...
According to a report published by PYMNTS on April 22, 2019, JPMorgan Chase is mulling utilizing blockchain technology to bolster the banking industry’s payment system. The multi-national company is also considering getting onboard a number of fintech companies to develop the desired platform. Blockchain to Help in Revamping Banking Payment...
According to an article published by Wired on April 18, 2019, a mystery hacker group for the last month has been divulging Iran’s top-level hackers’ secret data, tools, and personal identities onto a public Telegram channel. Iranian Intelligence Agency’s Close Associates Hacked Occasionally, it can be easy to be lost...
In an interview with Bloomberg on April 17, 2019, Donald Tapscott, executive chairman of the Blockchain Research Institute, said that China’s official currency, the renminbi (RMB) will soon become a cryptocurrency. Will China Digitize its National Currency? Blockchain Expert Says Yes Cryptocurrencies and China have had anything but a stable...
According to Adam O’ Brien, a former colleague and friend of the late QuadrigaCX CEO Gerald Cotton, customers are unlikely to recover their funds locked inside the exchange’s cold-storage crypto wallets, reports Global News, April 19, 2019. Cotton Was “Kind of Worried” that Something Might Happen It could be safely...
Internet users in Austria could soon find it impossible to comment on online forums anonymously as the country’s government looks to do away with internet anonymity, reports local media outlet Der Standard, April 18, 2019. Austria Tightens Noose around Internet Freedom Internet censorship has the world divided into two very...
The Reserve Bank of India (RBI) on April 18, 2019, published the terms of its fintech-focused regulatory sandbox. While the report highlights the importance of blockchain technology for various applications, it explicitly rejects all sorts of cryptocurrency-based businesses from being included in the sandbox. Blockchain is Cool; Crypto, Not So...
Intercontinental Exchange Inc. (ICE,) the company behind the highly-anticipated bitcoin trading platform Bakkt has turned to U.S. state watchdogs to get the stalled project the necessary regulatory approvals. This according to a Bloomberg report published April 17, 2019. Bakkt: The Potential Game-Changer Since its announcement in August 2018, Bakkt has...
According to a Bloomberg report published April 18, 2019, Binance, the world’s largest cryptocurrency exchange by reported volume, has launched its own blockchain called Binance Chain to encourage crypto startups to issue their tokens directly on the trading platform. Taking the Ethereum Bull by the Horns Binance is unarguably one...
The Enterprise Ethereum Alliance (EEA) on April 17, 2019, announced the launch of a blockchain-neutral Token Taxonomy Initiative which will address the need for establishing universal and easy to comprehend definitions for digital tokens. EEA to Clear the Noise in the Cryptospace One of the major problems plaguing the embryonic...
A Forbes report published April 16, 2019, states that multinational management consulting giant Accenture has partnered with Generali Employee Benefits (GEB) to develop a robust blockchain solution for employee benefits sector. Blockchain to Streamline Employee Benefits IT firm Accenture has historically been one of the biggest believers of blockchain technology....
According to a BloombergQuint report published April 17, 2019, Gerald Banks, a financier who has in past managed part of a Russian oligarch’s business venture is set to open a cryptocurrency derivative fund. Financier Launches Cryptocurrency Hedge Fund Cipher Technologies Russian business tycoons are notoriously famous for their appetite for...
Israeli tech startup Sirin Labs, which launched the world’s first blockchain smartphone called Finney last year has laid off 15 of their total 60 employees, as reported by Globes on April 15, 2019. Sirin Labs Fires 25 Percent of its Workforce Sirin Labs, an Israeli tech startup that roped in...
The tax treatment of cryptocurrencies has been a matter of constant back and forth since their inception. On one end, regulators argue that digital currencies are no different than traditional equity stocks which put them in the same bag as government-approved securities. Conversely, crypto evangelists and lobbyists opine that cryptocurrencies...
