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Ripple Pumps $260M Worth of XRP into Coil to Boost Content Monetization

August 16, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Xpring, an innovative initiative from the stables of Ripple that claims to be focused on building the internet of value by incubating, acquiring and providing grants to blockchain projects and credible entrepreneurs, has made a grant of 1 billion (about $260 million) XRP in Coil, an alternative content monetization platform powered...

Coinbase Adopts Ethereum’s Constantinople for Facilitating Merchants USDC Payments

August 15, 2019 by Ogwu Osaemezu Emmanuel at Adoption

Coinbase, a San Francisco-based cryptocurrency exchange is taking advantage of Ethereum's latest Constantinople upgrade to enable thousands of merchants around the world to accept USD Coin (USDC) through the Coinbase Commerce app, according to reports on August 14, 2019. Coinbase Integrates Constantinople Per sources close to the matter, Coinbase has adopted...

Report: Researchers Discover New Cryptojacking Malware for Mining Monero

August 15, 2019 by Ogwu Osaemezu Emmanuel at Crime

Varonis, a data security and analytics company, has discovered new strains of cryptojacking malware that hijacks a victim's computer resources to mine monero (XMR), and a mysterious web shell while investigating the cause of a cryptomining infection for a client. Notable among the detected malware, is Norman, a stealthy Monero...

Iran’s Flood Victims to Receive Bitcoin Donations via IranRescueBit

August 15, 2019 by Ogwu Osaemezu Emmanuel at Adoption

Volunteers in Iran have launched a blockchain-based platform named IranRescueBit, to enable well-meaning individuals to send bitcoin (BTC) and altcoin donations to flood victims in the country amidst the current international sanctions imposed on the nation by the Donald Trump administration, reports Aljazeera, August 14, 2019. Iran’s Flood Victims Hoping...

Canada’s Shoppers Drug Mart Completes DLT Pilot for Cannabis Tracing

August 15, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain

Shoppers Drug Mart, a leading Canadian retail pharmacy chain with more than 1,300 stores across the region, has successfully completed the first phase of its distributed ledger technology (DLT) pilot for the tracking of clinical cannabis from genome to distribution, in collaboration with its software partners, TruTrace, according to a...

U.K. Advertising Authority Labels BitMEX Bitcoin Advert as Misleading

August 15, 2019 by Ogwu Osaemezu Emmanuel at Uncategorized

As part of efforts to commemorate the 10th anniversary of the mining of Bitcoin’s genesis block, BitMEX placed an advert on the front page of a national newspaper in the U.K., showing the bitcoin price movement between January 2009 to January 2019. The two-page graph has attracted criticisms from four...

Barclays Revokes Banking Relationship with Coinbase

August 14, 2019 by Ogwu Osaemezu Emmanuel at Finance

Barclays, a London-based multinational bank and financial services company, has reportedly severed ties with a leading crypto exchange, Coinbase, according to industry sources on August 14, 2019 Barclays Shuts it Doors Against Coinbase After more than one year of a glorious relationship between Barclays, one of the oldest and most...

Clean Swiss Valley with Coins in the Grass

NULS Enterprise DLT Project and Aleph Unveil ‘Staked Coin Output’

August 14, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

NULS (NULS), an open-source enterprise-grade distributed ledger technology (DLT) platform, has joined forces with Aleph, a project that claims to be dedicated to helping blockchain protocols solve known problems. Together the pair are set to launch a new staking model called staked coin output (SCO). The SCO system enables NULS...

OFAC examining Bitcoin and Ethereum tokens

United States: OFAC Prioritizes Cryptocurrency Regulation and Enforcement

August 14, 2019 by Ogwu Osaemezu Emmanuel at Regulation

The United States Department of Treasury's Office of Foreign Assets Control (OFAC) has shown a rekindled interest in regulating the cryptocurrency industry and enforcing the guidelines. The agency has hinted that regulating the cryptospace has become its top priority, and it could use an aggressive approach to sanitize the industry,...

Land Mexico Overstock Green Fence Field Orange

tZERO Makes TZROP Security Tokens Publicly Available

August 13, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Overstock's tZERO, a platform that claims to be focused on revolutionizing the capital markets with blockchain technology, has announced that TZROP, its preferred equity security tokens previously traded by only accredited investors, are now available for resale to non-accredited investors too, according to a press release published August 12, 2019....