About author: Tokoni Uti

ING and R3 announced on January 22, 2019, that they have entered into a five-year deal that gives ING rights to the use of R3’s Corda platform across their business operations. Corda Goes Global According to a January 22, 2019 statement, ING, a Dutch Bank, and R3 have entered into a partnership that will see ING haunch access to R3’s…

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 On January 22, 2019, it was announced that the Millennium Exchange matching engine used by the London Stock Exchange would be deployed for the first time on a cryptocurrency exchange, namely AAX, an upcoming Hong Kong-based exchange. Matching the New World A January 22, 2019 press release announced that AAX, a soon-to-be-launched digital asset exchange, will be making use of…

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On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market and not all of them good. Last year, crypto firms…

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The Bank for International Settlements has suggested that the Bitcoin Network discontinue using Proof-of-Work (PoW) because it is expensive and once block rewards from mining bitcoin decrease, the network will slow down, this according to a BIS report published January 21, 2019. There has always been speculation about the future of Bitcoin, with most of it revolving around its future…

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Swedish Man Linus Dunkers has filed a court case after being charged $885,000 in tax for Cryptocurrency trading. An amount he says is over three times all the profit he made, as per a report from SVT January 20, 2019. A Million Ways to Tax One aspect of cryptocurrency adoption that has caused great frustration is the issue of paying…

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Autonomous Next published a report on January 21, 2019, which states that the blockchain industry saw $24 billion in funding in 2018, most of which came from unverified self-reported crowdfunding ventures. Unverified Figures Autonomous Next ’s report stated that in December 2018, there was an almost even split between the funds raised through traditional venture capital and those raised through…

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Researchers at Universidad Carlos III de Madrid and King’s College London have found that from 2007 to 2018, around $57 Million of Monero was mined via. Malware, January 3, 2019. Background of the Study The joint study co-authored and compiled by two researchers was published January 3, 2019, and it states that four percent of the Monero mined over the…

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On January 21, 2019, blockchain-based ride-hailing app Tada launched operations in Vietnam after previous expansions into Cambodia. New Markets Tada, a blockchain-based ride app has seen quite the expansion in recent times. The opened to Cambodia in 2018, and now, they have opened in Vietnam. The company is based in Singapore and its parent company, South Korean start-up Mass Vehicle…

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On January 17, 2019, two former executives from Komid, a South Korean cryptocurrency exchange, were jailed for three and two years respectively for using fake accounts to fraudulently inflate transactions on the exchange. The Sentencing In a historic move, the 13th Criminal Settlement Agreement of the South District Court in Seoul has dished out the first ever jail term for…

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On January 16, 2019, BitWage announced their partnership with Simply Efficient HR, a Texas-based payroll and human resources company to enable the payment of W2 employee and payroll taxes in bitcoin or ether. This service will be available in all U.S. states as well as Puerto Rico. This comes only weeks after Ohio became the first U.S. state to accept…

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