About Author: Ogwu Osaemezu Emmanuel

Zcash (ZEC) Warn Users Against Fake Wallet on GitHub

October 21, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Zcash (ZEC), one of the established privacy-protecting altcoins, has warned users against a fake version of its native ZEC Wallet on GitHub. The team says the fake wallet has an entirely different URL from the official ZEC Wallet repository on GitHub and may contain potentially harmful malware, according to a...

VeChain (VET) Unveils New Block Explorer and Ledger Wallet Interface

October 21, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

VeChain (VET), a distributed ledger technology (DLT) project that claims to be focused on revolutionizing the supply chain ecosystem and improving business processes, has announced the launch of its new official VeChain Block Explorer and VeChain Sync Ledger Wallet Interface. The move is due to the sudden discontinuation of the...

Bitmain Launches 50MW Bitcoin Mining Farm in Rockdale, Texas

October 21, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bitcoin mining behemoth and ASIC chip manufacturer, Bitmain, has announced the launch of its 50-megawatt capacity mining farm in Rockdale, Texas. The firm says the project is part of its global expansion plans, according to a blog post on October 21, 2019. Bitmain Live in Texas Leading bitcoin mining equipment...

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BlockFi Launches Platform to Expose Institutional Investors to Cryptocurrency

October 19, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

BlockFi, a cryptocurrency lending startup, has launched BlockFi Institutional Services, a platform designed to give institutional investors such as market-makers, hedge funds, exchanges and family offices exposure to financing solutions for digital assets, according to a BitcoinMagazine report on October 17, 2019. Exposure Per the report, BlockFi intends to launch...

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Banco Santander Transforming Madrid with DLT

October 18, 2019 by Ogwu Osaemezu Emmanuel at Ethereum

Spanish bank Banco Santander has launched a $20 million bond on the blockchain. The financial institution has also partnered with the Madrid City Council to develop a blockchain-powered application that will enable citizens to pay transport fare from a unified platform, according to an EnterpriseTimes report on October 18, 2019....

CFTC Crush Fraudulent Crypto-Powered Binary Options Scheme

October 18, 2019 by Ogwu Osaemezu Emmanuel at Crime

The United States Commodity Futures Trading Commission (CFTC) has taken action against Circle Society, Corp and its founder, David Gilbert Saffron for defrauding people through a Ponzi scheme disguised as a bitcoin-powered $11 million binary options trading project. The team allegedly misappropriated clients’ funds and lied to investors, according to...

Ripple (XRP) Venture Capital Arm Invest in Towo Labs

October 17, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

XPring, an initiative by Ripple blockchain project which aims to invest in, incubate and provide grants to XRP-focused projects, has invested an undisclosed amount in Towo Labs, a project that develops open-source software that facilitates the integration of XRP into hardware wallets, according to a blog post on October 16,...

Wales Plans Digital Currency Launch, BoE Governor Views Cryptocurrencies like Libra as Payment System Solutions

October 16, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Bank of England Governor Mark Carney has thrown his weight behind Facebook's global cryptocurrency project dubbed Libra. The has opined that blockchain-based virtual currencies have the power tix the challenges associated with traditional payments systems, reports The Star on October 15, 2019. Mark Carney Backs Libra Whilst financial authorities across...

Ernst & Young Using DLT to Promote Accountability in Governments

October 16, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Ernst and Young (EY), one of the largest professional services firms in the world, has developed a distributed ledger technology (DLT) based public finance management solution named EY OpsChain Public Finance Manager (PFM) to curb misappropriation of funds by government and foster efficiency and transparency, according to a press release...

Grayscale Investments First to list Crypto-Backed Digital Large Cap Fund

October 15, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Grayscale Investments, a cryptoasset management firm with more than $2 billion in assets under management, has successfully secured approval from the Financial Industry Regulatory Authority (FINRA) for the public listing of its Digital Large Cap Fund (DLC) on over-the-counter (OTC) markets with ticker symbol: GDLCF, according to a press release...

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