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Lenovo Set to Use Blockchain Technology for Physical Document Validation

February 21, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News, Tech

The Chinese personal computer and mobile phone company, Lenovo, have since caught the blockchain fever. The firm registered a related patent with the U.S Patent and Trademark Office (USPTO) since 2016, but the USPTO only released the application on February 15, 2018. Blockchain-Based Document Validation System The Chinese technology ‘big...

Robert Mueller: “Russians May Have Used Cryptocurrency Exchanges to Interfere with U.S. Elections”

February 20, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Commentary, News

The U.S Presidential election of 2016 was not without interference from external forces. As such, the Justice Department has claimed to have identified Russian nationals who attempted to disrupt the elections. The Russian Trolls According to Fortune, Russian citizens identified in a Justice Department citation released on February 16, 2018,...

Western Union to Take Advantage of Blockchain Technology via Ripple

February 18, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, News, Tech

The world's largest international money transfer service Western Union is poised to use Blockchain- based altcoin Ripple in making its cross-border money transfer services lightning fast and secure. More Testing and Potential Partners As per Bloomberg, the money transfer firm has hinted it's weighing the advantages of blockchain technology, and...

A Political Party in Spain set to Implement Flexible laws to Attract Blockchain Companies

February 18, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News, Regulation

While some countries are busy implementing harsh cryptocurrency and blockchain laws that make it hard for the crypto ecosystem to breath, top Spanish politicians are pushing for legislation that could lure blockchain-based firms to Spain. Blockchain is an Industry Driver People's Party, which is the political party of the Spanish...

Dublin Welcomes its First Crypto Cafe

February 15, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Ethereum, News

Crypto hodlers can now pay for their lattes and muffins with Ethereum or Litecoin at the latest crypto café in Dublin. It Pays to be Crypto Savvy According to the Irish Times, virtual currency holders in Dublin now have more payment options for their cappuccinos and croissants as a...

LoopX Disappears After Raising $4.5 Million in its Initial Coin Offering

February 14, 2018 by Ogwu Osaemezu Emmanuel at Finance, News, Tech

ICO exit scams have become quite common these days. While authorities are doing the best they can to shut down some of these pump and dump schemes before they run away by themselves, some of these scam projects still succeed in disappearing with their investors' funds. The latest ICO scam...

Bitstrade Hammered by New Jersey Authorities for Allegedly Selling Unregistered Securities

February 13, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, News, Regulation

Bitstrade, an online platform that dubs itself an open source digital banking and cryptocurrency investment solutions platform has been issued with a cease-and-desist order by the New Jersey Bureau of Securities. Same Story, Different Platform According to the New Jersey Division of Consumer Affairs, the Attorney General Gurbir S. Grewal...

Ethereum Developers in Heated Debate Concerning Fund Recovery Proposal

February 12, 2018 by Ogwu Osaemezu Emmanuel at Commentary, Ethereum, News, Tech

There have been countless cases of crypto wallet hacks that have often led to the loss of enormous amounts of funds. At current, Ethereum developers are at crossroads concerning the fund recovery proposal EIP 867. This improvement could enable stolen funds to be returned to their rightful owners after being taken....

“Cryptolympics”: Speed Skater Gets Paid in Cryptocurrency at the Pyeongchang Winter Olympics

February 12, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Entertainment, News

Cryptocurrency is gradually ruling the world. Canadian speed skater Ted-Jan Bloemen has caught the crypto bug. The sportsman accepted a cryptocurrency payment for a sponsorship deal with a social network and a virtual reality firm at the ongoing Winter Olympics. onG.Social sponsors Winter Olympian Of all the participants at the...

Cryptocurrency Exchanges in Hong Kong Mandated to Delist “Securities” Tokens

February 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Commentary, News, Regulation

In line with the ongoing regulations of the crypto space in Hong Kong, the Securities and Futures Commission has ordered about seven virtual currency exchanges to delete some tokens listed on their platforms since they fall under the securities category. The Securities and Futures Commission (SFC) in line with its...

Bitcoin Donations Fueling Election Campaigns to Victory

February 11, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Finance, News

Bitcoin donations have been helping politicians organize well-funded electoral campaigns in recent times. Candidates are putting more interest in bitcoin and other cryptocurrencies now since they are a proven and viable means of getting substantial campaign donations. Obama Funded with Credit Cards, Next Generation Politics Uses Bitcoin According to ABC...

Bitcoin Fever: Russian Nuclear Scientists Arraigned for Mining Bitcoin with “War Computer”

Bitcoin Fever: Russian Nuclear Scientists Arraigned for Mining with “War Computer”

February 10, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Mining, News, Tech

Security authorities have arrested nuclear scientists working at a top secret Russian warhead center for trying to mine cryptocurrencies using supercomputers meant for war purposes. Misappropriated Mining Attempt Nuclear scientists’ turned-suspects attempted to use one of Russia's most sophisticated supercomputers to mine bitcoins, according to the BBC. The Federal Nuclear...

City of Berkeley, California Looking to Organize an Initial Coin Offering

February 10, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, News, Regulation

The City of Berkeley in California is tired of being overly dependent on the federal government. Residents are doing everything they can to make sure that even if the Trump administration goes ahead with its threats to stop funding sanctuary cities, then Berkeley will still be able to sustain itself...

Cryptocurrency Advertising Booming in Japan Despite Criticism

February 9, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News

As Japan becomes one of the cryptocurrency capitals of the world, virtual currency exchanges in the country are spending big on advertising. In some cases, even more than blue-chip firms in the Asian nation. However, some are of the opinion that these companies should ban related adverts entirely or reduce...

Hackers Now Use Android Phones and Smart TVs to Mine Cryptocurrency

February 9, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Mining, News, Tech

It's no news that cryptocurrency mining is big business and in a bid to maximize profit, miners have devised various methods of maliciously installing their crypto mining malware on unsuspecting users. Smart television sets and Android phones are the new home for the Monero mining malware. Monero on Television Chinese...