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Samsung Unveils new Blockchain kit for Decentralized Application Developers

November 5, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Samsung Electronics has announced the launch of its much-anticipated blockchain software development kit (SDK), aimed at making it easier for developers of decentralized applications (dApps) to create blockchain solutions for its Galaxy smartphones, according to a BusinessKorea report on November 5, 2019. Samsung Blockchain SDK South Korean electronics and technology...

Huobi bitcoin put on ice United States Flag

Huobi Global Crypto Exchange to Freeze All U.S. Accounts on November 13

November 5, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Huobi Global, a leading cryptocurrency exchange with a presence in numerous jurisdictions across the globe, has announced plans to freeze the accounts of all United States users on November 13, 2019, due to regulatory uncertainties. U.S. traders are advised to withdraw their funds before that date, according to a blog...

Aeternity (AE) Blockchain Project Announces LIMA hard fork from Ethereum Blockchain

November 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Aeternity (AE), a next-generation open-source distributed ledger technology (DLT) network that claims to offer developers a robust platform for the creation of decentralized applications (dApps), has launched its LIMA hard fork, to provide AE miners with the most up to date software and entirely hand over governance to the community,...

Bittrex Exchange sued for Alleged Involvement in $1M Bitcoin Theft

November 5, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Gregg Bennett, a Seattle-based angel investor and bitcoin ‘hodler’ has dragged Bittrex cryptocurrency exchange to court for allegedly aiding a SIM swap attack that allowed hackers to steal his 100 BTC ($923,700). Bennet alleges that he exchange failed to promptly take action when it was first notified of the hack,...

Microsoft Innovation Center and Aeternity to Support Maltese DLT Startups

November 4, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Microsoft Innovation Center (MIC), a Microsoft initiative dedicated to accelerating the growth of local software economies, has joined forces with Aeternity (AE), a distributed ledger technology (DLT) project that claims to deliver unmatched efficiency, transparent governance, and global scalability. The alliance will enable the team to nurture and support Maltese...

Indian Authorities Catch Bitcoin Thieves Defrauding Job Seekers

November 4, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

The Uttar Pradesh Special Task Force (STF) has arrested a gang of bitcoin (BTC) thieves who act as employment agents, posting fake overseas job offers online to defraud applicants of their cryptos. Authorities have succeeded in apprehending three members of the gang, seizing their ATM cards and Rs 21,300 (roughly...

Research: Bitcoin is the Third Most Used Payment Method in Italy

November 1, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bitcoin adoption in Italy, one of Europe’s largest economies is steadily on the increase, as a new research report released on October 28, 2019, by SEMrush, a software-as-a-service (SaaS) platform for online visibility management, has revealed that bitcoin (BTC) the world’s number one distributed ledger technology (DLT) based virtual currency...

SEC Gains Injunction Against Blockvest LLC in Fraudulent Securities Case

CFTC and SEC Hammer Down Bitcoin-Linked Investment Platform

November 1, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Two top U.S. financial watchdogs, the United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have filed a cease-and-desist order against XBT Corp. SARL, a.k.a First Global Credit, a Swiss Bitcoin-based securities dealer that allegedly solicited investments from U.S. investors without registering with the agencies....

Kakao’s Klaytn DLT Project holds First Meeting with Consortium Members

Kakao’s Klaytn Blockchain Platform Welcomes Eight New dApps

November 1, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Klaytn, the distributed ledger technology (DLT) platform from the stables of South Korean Internet heavyweight, Kakao, has announced the onboarding of eight more blockchain applications (bApps) to is network. With the addition of these new KLAY-powered services, there are now a total of 17 projects on the Klaytn blockchain network,...

Binance’s Changpeng Zhao Declares Russia as a Key Market

October 31, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Binance CEO, Changpeng Zhao believes Russia is a key market for the exchange. The cryptocurrency big whale revealed during his visit to the Radisson hotel in central Moscow on October 21, 2019. Zhao Speaks About Russia’s Relevance to Binance It was the CEO’s first visit to Russia and his popularity...

Chi-X Kicks Against ASX’s Move to Replace CHESS with Blockchain

October 31, 2019 by Ogwu Osaemezu Emmanuel at News

The Australian Securities Exchange (ASX), the nation’s primary securities exchange, is putting preparations in top gear to integrate distributed ledger technology (DLT) into its operations and replace the existing Clearing House Electronic Subregister System (CHESS) with the revolutionary technology. However, Chi-X, ASX’s client and only competitor, has appealed to the...

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Maltese Financial Regulators Warns Investors of New Bitcoin Ponzi Scheme

October 31, 2019 by Ogwu Osaemezu Emmanuel at Regulation

Maltese financial regulator, the Malta Financial Services Authority (MFSA), has made it clear to residents that “Bitcoin Future,” a new Bitcoin Ponzi scheme that claims to be endorsed by popular celebrities and regulators, is a fake investment platform and has not been licensed by the MFSA, according to a press...

Europe’s Five Largest Economies Form Anti-Libra Coalition

October 31, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The government of France, Germany, Spain, and Italy have formed a new coalition to make the scheduled 2020 launch of Facebook's global cryptocurrency, Libra very difficult or impossible altogether, reports Politico on October 29, 2019. No Room for Libra in Europe Despite making significant efforts to allay the fears of...

Russian Startup Turns Aluminium Plant into Bitcoin Mining Facility

October 30, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Russia Mining Company (RMC) has taken over the facility of the now-defunct Nadvoitsy Aluminium Plant in the northern Karelia region, which ceased operations in 2018 due to U.S. sanctions. RMC plans to turn the aluminum plant into a mega Bitcoin mining farm that would control 20 percent of the world’s...

Bitcoin Mining Giant Bitmain Launches Data Center In Washington Despite Crypto Crash

Bitcoin Mining Giant Bitmain Files for U.S. IPO, Chases Canaan Creative

October 30, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has secretly filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Bitmain’s application comes just a few days after its primary competitor, Canaan Creative, made its IPO intentions known to the financial authority. Fascinatingly,...

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