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Iran’s Tourism Sector Recognizes Cryptos as Legal Tender

March 23, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, News

In a bid to survive the harsh sanctions imposed on it by the government of the United States, blockchain-based digital assets such as bitcoin (BTC) have now become legal tender in the Iranian tourism sector, and the nation’s authorities are also working hard to launch a state-backed cryptocurrency, reports AL-Monitor...

UPS and Inxeption Transforming B2B E-Commerce with Blockchain Technology

March 23, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News, Tech

United Parcel Service (UPS), an American multinational delivery and supply chain management firm, has joined forces with Inxeption, a blockchain powered industrial-strength e-commerce platform, to make the selling and shipping of products online easier for B2B merchants, according to a press release on March 21, 2019. Inxeption Zippy Launched In...

Lightning Labs Rolls Out Lightning Loop Alpha

March 22, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Blockchain, News, Platform, Tech

In a bid to make it easier for businesses and individuals to receive funds via the Lightning Network, Lightning Labs has rolled out the alpha version of Lightning Loop, according to a blog post on March 20, 2019. Receiving Bitcoins Easier with Lightning Loop As stated in its blog post,...

Morgan Creek Invests in Ikigai Crypto Asset Management Firm

March 22, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News

Morgan Creek Digital has invested an undisclosed amount in Ikigai Asset Management, a cryptocurrency and digital asset management firm that claims to be focused on generating superior risk-adjusted returns for its clients through venture-stage pre-Initial Coin Offering (ICO) investments, according to a Business Wire press release on March 20, 2019....

Hands Shaking and Exchanging Fiat for Bitcoin

Cryptocurrency Trader Sued Investors’ $20 Million Loss

March 21, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Crime, Ethereum, Exchange, News

Stefanos Papanastasiou, a 39-year-old cryptocurrency trader who claimed to have developed an algorithm that could result in immense profit through crypto trading, is currently facing a lawsuit filed by Savvas "Sam" Alexiadis, a property developer. Other investors are also set to file charges due to their loss of over $20...

Kakao May Integrate its Crypto Wallet into KakaoTalk

March 20, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Business, News, wallet

Kakao, the creator of Korea's most popular messaging app, KakaoTalk, is reportedly making plans to integrate its proprietary cryptocurrency wallet into the messaging app and enable users to store their cryptoassets more easily, reports local news source, Fnews on March 18, 2019. Just Like Samsung South Korea's love for cryptocurrency...

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Shenzhen Adopts Blockchain Technology for Transportation

March 20, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Development, News

In a bid to reduce the cost of printing paper invoices and promote transparency in its transport system, the Shenzhen tax bureau has joined forces with leading Chinese conglomerate Tencent Holdings to launch a blockchain-based digital invoicing system, reports ChinaDaily on March 19, 2019. Shenzhen Integrates Blockchain Technology While China...

French Office with Blockchains in the Window

French Courts Adopt IBM’s Blockchain Solution for Registry Management

March 18, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Finance, News

The French National Council of Clerks of Commercial Courts (NCC) has announced the integration of IBM 's distributed ledger technology (DLT) solution into its operations in a bid to streamline the management of commercial and corporate registry, according to a press release published March 14, 2019. French Courts Join the...

Mark Karpeles Mt Gox Spotlight Man Unhappy

Mt.Gox’s Mark Karpeles Dodges Embezzlement Charges, Lands Jail Term for Falsifying Data

March 15, 2019 by Ogwu Osaemezu Emmanuel at Crime, Development, Exchange, News

The former owner of the now-defunct Mt.Gox bitcoin exchange, Mark Karpeles, has been sentenced to two and half years in prison by a prosecutors in Japan. The Tokyo District Court found him guilty for falsifying computer data in connection with the colossal heist, an event that saw half a billion...

two hands touching a blue blockchain block

Spain’s BME Launch Blockchain-Based Pilot for Collateral Pledge

March 15, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Finance, News, Regulation

Bolsas y Mercados Espanoles (BME), a Spain-based firm that deals with the organizational aspects of the Spanish stock exchange and financial markets, has joined forces with Renta 4 Banco, a financial institution providing investment services to clients, to trial blockchain technology to digitize collateral pledge certificates, according to a press...