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Liberum Jerseyed Player Holding a Football

Libereum (Liber) Purchases Elche Football Club of Spain in Multi-Million Dollar Agreement

December 29, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Business, Ethereum, Investment, News

Libereum (Liber) a Dutch-based cryptocurrency startup that claims to be focused on revolutionizing the global sports industry with its native altcoin, has announced the acquisition of Spanish Segunda Division football club, Elche CF. The move makes up part of its long-term plans to put the liber token ahead of the cryptocurrency ecosystem,...

190 Firms Interested in Launching Operations in the Japanese Cryptocurrency Market

December 29, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Business, Exchange, Finance, News, Platform

Japan's Financial Services Agency (FSA) has reportedly revealed that 190 firms have shown an interest in becoming operators in the Japanese cryptocurrency market, which makes it a slight increment from the number of companies that had expressed their intention earlier in August, according to a report by Finance Magnates on...

Wall Street Journal Reveals 513 Deceptive ICOs Without Unique Whitepapers

December 29, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Ethereum, Finance, News, Platform, Tech

The Wall Street Journal (WSJ), an international daily newspaper on December 26 2018, released a report which shows that out of 3,291 initial coin offerings (ICOs), 513 of them are very risky or outright scam projects, as a number of red flags were seen in their whitepapers, including duplicate content,...

Silver Miller Files Lawsuit against Cryptocurrency Company for Defrauding Customers

December 29, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Silver Miller, a US-based cryptocurrency Investor law firm has filed a lawsuit against Jeremy Spence for allegedly organizing a Ponzi scheme disguised as an investment hedge fund claiming to be managing $5 million worth of investors assets, reports Finance Magnates on December 27, 2018. Lawsuit Claims Jeremy Spence Operates a...

The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Bank of America Files Patent to Develop Blockchain-Based ATMs for Faster Transactions

December 28, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Development, Finance, News

The Bank of America (BOA) on December 26, 2018, filed a patent that allows them to develop blockchain based devices to handle cash. These are cash handling devices whose aim is to bring about efficient, faster, and traceable transactions, according to a Finance Magnates report. BOA Doing More with Distributed...

Litecoin Foundation Partners with UFC to Sponsor Upcoming Boxing Event

December 28, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Business, News

Litecoin Foundation, the distributed ledger technology (DLT) project behind litecoin (LTC), has announced on December 27, 2018, that they have joined forces with the Ultimate Fighting Championship (UFC), a U.S.-based martial arts company to sponsor an event which will promote the adoption of cryptocurrency and create more awareness about the...

Canada’s GuildOne to Build Blockchain Solution for the Oil and Gas Sector

Reliance Industries Invests $5 Million to Digitize Energy Trading

December 27, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

In a bid to accelerate its efficiency and productivity via blockchain technology, Reliance Industries Limited (RIL), a Mumbai-based conglomerate holding firm that deals in petrochemicals, telecommunications. textiles and more, has invested $5 million into Vakt Holdings Limited, which is a U.K.-based distributed ledger technology (DLT) firm, reported VCCircle on December...

Indian Man standing Next to Blockchain Upvote

Infosys SVP Says Blockchain Technology Adoption Will Increase in 2019

December 25, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Commentary, Finance, News, Regulation

Gopi KK, Senior Vice President of Infosys, an Information technology consulting company says blockchain adoption will increase significantly in 2019 with the banking sector leading in its adoption, market participants' collaboration and government-friendly policies will help to promote this growth, reported Gigabit on December 23, 2018. Industries Are Adopting Blockchain...

Zeppelin Reveals its Packages for Ethereum’s Blockchain Smart Contracts

December 25, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Development, Ethereum, News

On December 21, Zeppelin OS, an applications developer for smart contracts announced its existing packages that have been tweaked to support the Ethereum Virtual Machine (EVM), improve user experience, and offer greater security on the Ethereum blockchain. EVM Packages for Ethereum Smart Contracts As stated in its blog post, Zeppelin...

Bitcoin Cake Sliced and HMRC Flag Placed in Slice

U.K.’s Tax Authority Releases Taxation Guidelines for Local Cryptocurrency Holders

December 23, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

Her Majesty's Revenue and Customs (HMRC), a non-ministerial department of the British government in charge of the collection of taxes, has published a paper highlighting the various types of fees applicable to blockchain-based virtual currencies and how cryptocurrency traders should handle their cryptos, according to a report released December 20,...

Bitmain IPO Suffers Major Setback as Hong Kong Regulator Declares Crypto Firms “Immature”

December 21, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, Investment, News, Platform, Tech

These are not the best of times indeed for Bitmain, the world's largest manufacturer of bitcoin mining equipment as Hong Kong’s stock market regulator, HKEX has made it clear that it would not approve the initial public offering (IPO) applications of DLT-linked firms until the region formulates a robust regulatory...

Nomics Cryptocurrency Data Platform Raises $3 Million from CoVenture and Others

December 19, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Ethereum, Finance, Investment, News

Nomics, a platform focused on displaying highly accurate cryptocurrency market data, including charts, prices and more, has raised $3 million from investors like CoVenture, CityBlock, Coinbase Ventures, and others, to further develop its platform, according to a press release on December 18, 2018. Nomics Moving Forward Per sources close to...

customer uses triip application pays in crypto

Triip Travel Impact Company Adds Ether (ETH) and Tomochain (TOMO) to List of Payment Options

December 15, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Ethereum, Finance, News, Platform, Tech

Triip, a Singaporean, global travel platform that claims to make it possible for travelers to enjoy exciting private tours by offering them frictionless hotel booking experiences in 227 countries, has announced that its clients will soon be able to book their travels with Ether and TOMO tokens, according to local...

ICO Scam: AriseBank and its Founders to Refund Investors $2.7 Million

December 15, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Crime, Finance, News, Platform, Tech

The United States Securities and Exchange Commission (SEC) has won a prolonged court battle against the AriseBank blockchain project which organized a fraudulent initial coin offering (ICO) that claimed to had raised $600 million from investors last year. Now, authorities have ordered the founders of the project to pay investors...

IBM Phone Charging with a Blockchain Cable

IBM Developing Blockchain-Based Solutions to Transform India’s Telecoms Sector

December 14, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Development, News, Regulation

Distributed ledger technology (DLT) heavyweights IBM is reportedly working with Indian telecommunications firms to help them create blockchain solutions aimed at enhancing “mobile number portability” and “Do Not Call” registries, according to an Economic Times report on December 12, 2018. IBM Creating DLT Solution for India’s Telecoms Per sources close...

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