About Author:
Osato Avan-Nomayo
Osato is a Bitcoin enthusiast with a flair for writing. When he isn't providing unique perspectives on the current happenings in the industry, he can be found pouring over old books on history and philosophy or trying to beat his Scrabble high score.
Japanese lawmakers want the government to push for talks on central bank digital currency (CBDC) during the next G7 summit holding in the summer. US Should Set CBDC Agenda for G7 Partners According to Reuters, a parliamentary group led by Akira Amari of Japan’s Liberal Democratic Party (LDP) wants the...
One of the wallets that allegedly received proceeds from the Mt. Gox hack still has all the funds — $774 million in Bitcoin (BTC), intact almost nine years after the fact. Mystery Wallet Holds Almost 80K BTC According to Redditor “jwinterm,” one of the addresses identified by former Mt. Gox...
New York-based Ethereum blockchain development firm ConsenSys has announced a 14 percent reduction of its workforce. The layoff is a part of the firm’s strategic move to separate its software development division from its venture investment arm and secure $200 million in funding from outside investors. ConsenSys Cuts Staff by...
The UK’s Financial Watchdog, the Financial Conduct Authority (FCA) has announced its implementation of a new regime to provide a detailed set of rules for crypto businesses in the country. The new FCA handbook proposes different application fees for businesses according to their business size, income, and profit from asset...
NITI Aayog — the Indian government’s Policy Commission has submitted a national blockchain strategy describing the emerging technology as “the new trust paradigm.” The government think tank is the latest state authority in the country to call for greater utilization of decentralized ledger technology (DLT) within India. NITI Aayog Argues...
Australian computer scientist and self-acclaimed Bitcoin creator Craig Wright says he plans to acquire 6,000 crypto and blockchain patents as part of his efforts to dominate the entire industry. Wright Plans 6,000 Blockchain Patents Speaking to Australian crypto media outlet Micky, Wright, chief scientist at nChain says the company plans...
Major car manufacturer Mercedes-Benz is running a pilot test using blockchain technology to track carbon dioxide (CO2) emissions across its cobalt supply chain. The project is the latest to apply decentralized ledger technology (DLT) for provenance and supply chain management (SCM) purposes. Blockchain Adoption for Carbon Neutral Cars Daimler AG,...
Former Ethereum Foundation member, Virgil Griffith has pleaded not guilty to conspiracy charges filed against him by the U.S. Attorney’s office. Griffith who is accused of aiding North Korea in evading sanctions faces a maximum of 20 years in prison if found guilty. Ex-Ethereum Foundation Member Claims Innocence According to...
Despite attempts to improve the difficulty adjustment protocol for Bitcoin Cash (BCH), miners are still able to ‘game’ the network while transaction volumes remain significantly low. Bitcoin Cash Experiences Five Hour Downtime On Thursday (January 30, 2020), the Bitcoin Cash blockchain experienced downtime of more than five hours. During the...
With Japanese lawmakers pushing for a digital yen, Masayoshi Amamiya, deputy governor of the country’s central bank says Japan needs an agile action plan for a central bank digital currency (CBDC). No immediate Plans to Launch Digital According to Reuters, Amamiya says the Bank of Japan (BOJ) has no immediate...
