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TrustToken Launch Four more Fiat-Pegged Stablecoins

April 25, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, News, Stablecoins

TrustToken, the creators of TrueUSD (TUSD), a dollar-backed stablecoin, has announced the launch of four more non-volatile cryptoassets, including TrueAUD, TrueEUR, TrueCAD, and TrueHKD, in a bid to make the TrustToken platform a one-stop shop for tokenized currencies, according to a blog post on April 24, 2019. TrustToken Taking the...

Bitfury Join Forces with Final Frontier to Launch Bitcoin Mining Fund

April 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, Investment, Mining, News

Bitfury, one of the leading infrastructure providers for the Bitcoin blockchain, has collaborated with Final Frontier, a Swiss-based artificial intelligence (AI) and blockchain investment firm, to launch a regulated Bitcoin mining fund, according to a Reuters report on April 24, 2019. Exposing Institutional Investors to Bitcoin Mining Per sources close...

John McAfee no Longer Interested in Unmasking Satoshi Nakamoto

April 24, 2019 by Ogwu Osaemezu Emmanuel at Commentary, News

John McAfee, the eccentric British-American cryptocurrency evangelist and computer programmer that founded McAfee Associates, one of the earliest software firms in the world, has suspended his plans of unmasking the identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, reports Bloomberg on April 23, 2019. McAfee Backpedals Per sources close...

Top Israeli University Sues Professor for Unlawful Practices

April 23, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Commentary, News

The Israel Institute of Technology, the Technion, which functions as a public research university in the region, has filed a lawsuit against professor Eli Ben-Sasson, a senior lecturer at the Technion’s Faculty of Computer Science, for allegedly using the institution’s intellectual property to establish his blockchain startup, reports local news...

Artory Blockchain Fund Blue Hand Art Jar Coins

Blockchain-based Art Platform Artory Raises $7.3m to Improve Data Integrity

April 23, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Investment, News

Artory, a distributed ledger technology (DLT) powered art registry that claims to track provenance of art and valuable collectibles, has raised $7.3 million in its Series A funding round and it says the funds will be used to improve data integrity, functionality and other areas of its business, according to...

Binary Person Throwing Darts at a Map of Korea

Microsoft Security Expert says Cyber Criminals now Targeting Korea

April 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Commentary, Cybersecurity, Mining, News

Microsoft Korea has urged individuals and businesses in the region to adequately protect their computers and other devices against new cyber attacks such as supply chain compromises, cryptojacking, and phishing attacks, by regularly backing up their data on cloud platforms and keeping security software as well as operating systems up...

Venezuela State-Run Oil Firm to Pay Suppliers in Bitcoin

Professor Launches Campaign to Donate $1 Million in Cryptos to Venezuelans

April 22, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Humanitarian, News, Regulation

Steve Hanke, professor of applied economics at Johns Hopkins University and adviser to former Venezuelan president, Rafael Caldera, has launched a humanitarian campaign tagged Airdrop Venezuela, which is aimed at donating $1 million in cryptocurrency to 100,000 Venezuelans by August 209, according to a report by NPR on April 21,...

Financial Giants still Investing in Blockchain despite Bear Markets

April 19, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Investment, News

Venture Capitals, technology firms and financial institutions are actively investing in blockchain technology startups building infrastructure for the cryptocurrency industry, though they are still wary of bitcoin and altcoins due to their volatile nature, according to a Reuters report on April 18, 2019. $850 Million Poured Indirectly into the Cryptospace...

United States: FinCEN says Crypto Exchanges must Share Customer info by June 2020

FinCEN Penalize Bitcoin Exchanger for Unlawful Practices

April 19, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Crime, Exchange, News, Regulation

The United States Financial Crimes Enforcement Network (FinCEN) has ordered Eric Powers, the operator of a peer-to-peer Bitcoin exchange, to pay a fine of $35,000 for willfully violating the Bank Secrecy Act’s (BSA) registration for failing to register as a money services business, according to a press release on April...

Singapore BNB Binance Building Bitcoin Arrows Yellow

Binance Unveils Fiat-to-Crypto Bitcoin Exchange in Singapore

April 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Exchange, News

Binance, a leading cryptocurrency exchange with more than $890 million in 24-hour trading volume, has announced the impending launch of its crypto-to-fiat exchange platform in Singapore, reports FXStreet on April 18, 2019. Binance Singapore Set to Go Live Per sources close to the matter, Binance exchange has revealed plans to...

South Korea: Crypto Exchange Coinnest Shutting down Operations

April 18, 2019 by Ogwu Osaemezu Emmanuel at Exchange, News

Coinnest, a leading South Korean exchange, and bitcoin trading venue have announced it's closing shop due to challenging market conditions and other unfavorable factors that have hampered its continued growth, according to a press release by the firm on April 18, 2019. End of the Road for Coinnest As stated...

Japan: Rakuten Bank Starts Registering New Users for Its Crypto Wallet

April 18, 2019 by Ogwu Osaemezu Emmanuel at News

As part of preparations for the June 2019 official launch of its cryptocurrency trading service, Rakuten Bank, the largest e-commerce outfit in Japan has kicked off the new user registration process for its Rakuten Wallet, which will enable millions of its customers to trade bitcoin and altcoins seamlessly, according to...

John Delaney: The U.S. Must Create a Dedicated Cybersecurity Unit

April 17, 2019 by Ogwu Osaemezu Emmanuel at Commentary, Cybersecurity, Development, News, Regulation

John Delaney, a United States politician and business mogul looking to contest for the 2020 U.S. presidential seat, has buttressed the country's need for a centralized and dedicated "Department of Cybersecurity," as the nation remains a target to all kinds of cyber threats, according to a blog post on April...

Facebook Messenger no Longer Supports P2P Payments

April 17, 2019 by Ogwu Osaemezu Emmanuel at Business, Development, News

Facebook has announced plans to discontinue its peer-to-peer payments service which enabled users of its Messenger app resident in the UK and France to send money to friends and family seamlessly. The discontinuation of the service is in line with its plans to launch its blockchain-based stablecoin called Facebook Coin,...

BitPay UK Wallet Flight Travel Wallet BTC

UK: Corporate Traveller Allies with BitPay to Accept Bitcoin Payments

April 16, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Blockchain, News

Corporate Traveller, a leading UK-based business travel management firm centered on servicing enterprise clients with small to medium travel spend requirements, has joined forces with BitPay, a highly reputed bitcoin payments processor, to enable the former to start accepting Bitcoin (BTC) from clients, according to a press release on April...