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Milligan Partners and Rufftup.io Join Forces to Launch a Blockchain-Powered Tolling System

January 21, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Blockchain, Business, News, Platform

Milligan Partners, a leading U.S. tolling company has allied with Ruuftup.io, a distributed ledger technology (DLT) firm to launch Tolling.Network, a tolling solution powered by the Hyperledger Fabric, aimed at enhancing toll interoperability, according to a PR Newswire press release on January 18, 2019. From Wall Street to Highways As...

Saudi Arabia and the United Arab Emirates (UAE) to Launch Pilot Cryptocurrency for Cross-Border Payments

January 21, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Development, News, Tech

Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report. National Crypto As stated in the WAM press...

Taiwanese Authorities Charge Seven Bitcoin Ponzi Scheme Organizers

January 21, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Crime, News

The Taiwanese authorities have officially pressed charges against the seven fraudsters who were arrested in June last year for allegedly running a bitcoin-powered Ponzi scheme, reported local news source Focus Taiwan on January 18, 2019. Multiple Banking Laws Violated Per sources close to the matter, the Taichung District Prosecutors Office...

Surveillance Cameras in Clouds with Octopus

Rocke Group’s Monero Mining Malware now More Powerful than Cloud Security Software

January 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Crime, Development, News

According to a January 17, 2019, press release from Palo Alto Networks’ Unit 42, a threat intelligence team, a Linux mining malware developed by Rocke group has advanced to uninstall cloud security products from Alibaba Cloud and Tencent Cloud to illegally mine Monero (XMR) on compromised machines. Monero (XMR) Mining...

Huobi Japan (BitTrade) Launch Operations as a Fully Regulated Exchange

January 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, News, Regulation

Huobi Japan, the cryptocurrency exchange re-born as a result of a merger between BitTrade and Huobi Group, has now resumed operations as a wholly-regulated exchange by Japan's Financial Services Agency (FSA), according to a press release on January 17, 2019. Huobi Japan Gets FSA Greencard As reported by BTCManager in...

Coinme and Coinstar Team up to Turn Californians Coins into Bitcoin

January 18, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Business, News, Regulation

Coinstar, a U.S.-based firm that creates kiosks where people can turn their coins into cash and no-fee gift cards, has joined forces with Coinme to allow users to buy bitcoin at its kiosks at select supermarkets in the United States, reported GeekWire on January 17, 2019. Coinstar Joins the Bitcoin...

IBM’s Blockchain Network to Test the Soil of Mining Supply Chain Makeover

January 18, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Development, News

IBM and Minehub Technologies have collaborated in a bid to use distributed ledger technology (DLT) to improve operational and cost efficiencies in the mineral concentrates supply chain, according to a press release on January 16, 2019. Mining Supply Chain Gets an Update As stated in the press release, significant players...

UPS Strategic Enterprise Fund Boosts E-Commerce Platform with Blockchain Investment

January 18, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Finance, Investment, News, Platform

UPS Strategic Enterprise Fund, the private equity investment arm of Universal Parcel Service (UPS), has made an equity investment in e-commerce platform Inxeption, to help the latter develop highly functional e-commerce solutions for B2B sellers and buyers, according to a press release on January 16, 2019. A Forward-Thinking Move...

Blockstream Launches Beta Version of its Lightning Network-Powered Satellite API

January 17, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Development, News, Tech

Blockstream, a distributed ledger technology (DLT) company headquartered in Canada, has announced the launch of its Lightning-powered Satellite API Beta Beta, which is aimed at making it possible for anyone across the world to broadcast data via its satellite network in real-time, according to a press release on January 16,...

BitGo Partners With Genesis Global Trading to Offer Users More Liquidity and Security

January 17, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, News

BitGo Inc., a California-based blockchain security company has announced its partnership with Genesis Global Trading, a digital currency group company that offers clients over the counter (OTC) cryptocurrency trading to enable its customers to trade cryptoassets without having to move their funds out of cold storage or handling their private...