#Altcoins

G20 Nations Agree to Work to Formulate Regulations on Cryptocurrencies

December 3, 2018 by Pratik Makadiya at Altcoins, Blockchain, Ethereum, News, Platform, Regulation

At the 2018 G20 summit, that was held on 30 November 2018, and 1 December 2018 in Buenos Aires, leaders of the member states pledged to work on a regulatory framework on cryptocurrencies to combat money laundering and terrorist financing, in conformity with the guidelines laid down by the Financial...

SEC Charges DJ Khaled and Floyd Mayweather with Unlawfully Touting ICOs

December 3, 2018 by Cindy Huynh at Altcoins, Business, Crime, Finance, News, Regulation

The Securities Exchange Commission (SEC) recently settled charges against two celebrities who failed to disclose their payments for promoting initial coin offerings (ICO). According to the SEC’s press release published on November 29, 2018, while music producer DJ Khaled and professional boxer Floyd Mayweather did not admit nor deny the...

solar panels in africa blockchain technology

Blockchain Technology Can Solve Africa’s Energy Problems

December 1, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Despite the abundance of many forms of natural energy in Africa, including solar, wind and hydro, several parts of the vast continent still have no access to 24/7 interrupted electricity. According to a World Economic Forum report on November 29, 2018, blockchain technology can fix the energy issues of Africa if...

How Troubled Can the Relation between Blockchain and GDPR Be?

December 1, 2018 by Nuno Menezes at Altcoins, Blockchain, Business, Finance, News, Tech

The Hard Fork Decentralized event will be open from 12 to December 14, and one of the primary discussions the event will be focusing on is related to the concerning relation between blockchain and GDPR. Permissioned vs Permissionless The Next Web, a Fintech focused News Hub, is organizing Hard Fork...

Wall Street banking boss mixing cryptocurrencies to make profit

Wall Street Continues to Experiment with Cryptocurrencies Despite Crypto Crash

December 1, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Finance, News

Players in the mainstream finance sector continue to experiment with cryptocurrencies and blockchain technology despite the recent Bitcoin crash. According to the Financial Time’s Article published on November 28, 2018, many companies such as large proprietary traders and institutional investors are still looking to ride the cryptocurrency movement, as they...

Report: No Correlation Between Crypto Mining Attacks and Legal Status of Cryptocurrency in the Country

November 30, 2018 by Aisshwarya Tiwari at Altcoins, Business, Finance, News, Tech

The growing popularity of cryptocurrencies has forced cybercriminals to invest resources in the development of more robust mining technologies to replace the typical ransomware Trojans, reports Kaspersky Lab’s cyber threat research arm Securelist, November 28, 2018. Cryptojacking Almost as Famous as Ransomware Attacks A cybersecurity bulletin titled “Story of the...

Dallas: Crypto Firm Arrested by FBI for $4 Million Fraud

November 30, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Crime, Finance, News, Platform

The FBI has arrested the CEO of Dallas-based AriseBank on November 28, 2018, reports Dallas News. The arrest was made after allegations of company CEO, Jared Rice Sr. duping hundreds of investors out of more than $4 million. Reportedly, Rice had tricked the investors into a ponzi cryptocurrency scheme, promising...

Amazon Unveils Quantum Ledger Database and Managed Blockchain Services

November 30, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Finance, News, Platform, Tech

According to an article by TechCrunch, published November 28, 2018, Amazon Web Services announced its entry into the world of blockchain technology at the AWS Invent event, where it unveiled two new services called Amazon Quantum Ledger Database (QLDB), and Managed Blockchain. Centralized Blockchain Popular Among Corporations Unveiled at the...

Can Regulations Save Cryptocurrency Prices?

November 30, 2018 by Cindy Huynh at Altcoins, Bitcoin, Finance, Investment, News, Platform, Tech

Bitcoin’s bearish year has, unfortunately, seen better days, especially since the cryptocurrency token’s value plunged over 12 percent, falling as low as $3,159.94 on the Bitstamp digital exchange. According to The Week’s article published on November 26, 2018, greater regulatory oversight could help the cryptocurrency industry rebound from their Black...

What is STEEM and is it a Good Investment

Steemit Lays Off Over 70 Percent of Staff Due to Cryptocurrency Market Crash

November 29, 2018 by Cindy Huynh at Altcoins, Blockchain, Finance, News, Platform, Tech

Steemit, a decentralized social media platform has laid off 70 percent of its staff due to the prolonged bearish cryptocurrency market. According to a Youtube video posted on November 29, 2018, Ned Scott, the CEO of Steemit mentioned that the company will prioritize a restructuring and undergo further cost reduction...

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