About Author:
1 Confirmation with Jeff and Dave
Kieran grew up in a small town just north of Birmingham, and is currently based in Bristol, UK. He holds a Bachelor's degree in literature from Aberystwyth University, and writes primarily on cryptocurrency.
Two months into the investigation of the Bitcoin extortion in India, the Crime Investigation Department has arrested seven constables from Amreli district in connection with the case. Arrests Made The original complaint was made by Bhatt, a builder based in Surat, who alleged that the Amreli police had kidnapped him...
SALT Lending offers a peer-to-peer lending platform that allows cryptocurrency holders to use their Bitcoin and Ethereum as collateral for loans. Blockchain technology benefits both lenders and borrowers on the platform by eliminating many of the complexities and inconveniences of traditional lending. Further, lenders can earn high interest even when...
Cryptojacking, the secret use of a computing device to mine cryptocurrency, has surged 629 percent in 2018, according to the latest report by computer security firm McAfee. A rise from 400,000 in Q4 2017 On average, five new threat samples were found every second in 2018 Q1, totaling 2.9 million....
Businesses in Singapore are slashing electricity bills by up to 25 percent using the blockchain-based and AI driven platform, Electrify. The platform will be available for residential use and use in Japan and Australia later this year. Electrify: A New Blockchain-based Energy Platform The energy industry is perfectly situated to...
Despite being a remote volcanic island, the economic implications of the cryptocurrency mining sector are proving vulnerable for Iceland. Iceland' Cryptocurrency Mining Industry The countries' reliance on cryptocurrency mining is now something that “cannot be excluded as a risk factor,” says finance minister Bjarni Benediktsson, who has expressed concern that if...
Dutch banking giant ING has released an economic report that shows more than a third of people (of those surveyed) think cryptocurrency is the future of online commerce, with a similar proportion indicating that they also think it is the future of investing. ING’s Bitcoin Optimism The report found one...
Speaking at the 2018 Crypto Valley Blockchain conference in Zug, Switzerland, on June 23, 2018, Thomas Moser voiced his doubts about the creation of an ‘e-franc’ Swiss bank crypto. Swiss Official Reveals Cryptocurrency Concerns Moser, a member of the Swiss National Bank's board of governance, said that the initial interest...
Cryptocurrency enthusiasts have long heralded the arrival of institutional money, but expressed concerns over the limitations of trading pairs and the controversy surrounding Tether. TrueUSD Finds Favor Over Tether The recent success of TrueUSD, however, suggests that fiat-backed cryptocurrencies could be the bridge that enables institutional investors to enter the...
Nine months after inception, the Indian government is set to launch a blockchain project to be known as IndiaChain. India’s Blockchain Push This will operate as a platform primarily aimed at reducing fraud, speeding up the enforcement of contracts, increasing the transparency of transactions, and boosting the agricultural economy of...
John McAfee, the man behind the infamous uninstallable anti-virus software, has formed a partnership with hardware wallet company Bitfi to launch what he calls the “First Truly Unhackable and Open Source Crypto Wallet.” McAfee Collaborates with Bitfi to Produce a 100 Percent Secure, User-friendly Wallet This is a bold claim...
Suggestions of a state-backed cryptocurrency from South Korean Banks have been dashed, despite recent reports that the country might be one of the first to push forward on this new frontier. Bank of Korea Squashes Rumors On June 18, 2018, a Korea Times report confirms the central bank’s stance on...
In a bid to help combat poverty, Bancor, the “decentralized liquidity network,” is launching a blockchain network to support community currencies in Kenya. Bancor’s Cryptocurrency Push This is to be achieved through a partnership with Grassroots Economics, a non-profit organization that develops community currency programs in Africa. Under the initiative,...
After his recent departure from QTUM, Stephen Xu shared his thoughts with BTCManager on the challenges facing the blockchain space, the China ban and the future of cryptocurrency. A graduate of the University of Chinese Academy of Sciences, Stephen Xu is a veteran in the blockchain space, and also worked...
On May 15, 2018, Seoul, South Korea, saw the official launch of Aurorachain. Hundreds of journalists from China, South Korea, and the West were at the conference, during which the founder Aqua Zhao announced that the Aurora mainnet was live. Global Vision for Public Chains Zhao further shared his vision...
Blockchain is on a campaign to impact every facet of life, but there are certain domains ripe for disruption, and the automotive industry is one of them. Automotive Consortium Four of the world's largest car makers — BMW, General Motors, Ford, and Renault—announced on May 2, 2018, they will form...
