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Wall Street Journal Reveals 513 Deceptive ICOs Without Unique Whitepapers

December 29, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Ethereum, Finance, News, Platform, Tech

The Wall Street Journal (WSJ), an international daily newspaper on December 26 2018, released a report which shows that out of 3,291 initial coin offerings (ICOs), 513 of them are very risky or outright scam projects, as a number of red flags were seen in their whitepapers, including duplicate content,...

man holds up a coin against Mizuho building

Japan’s Second Largest Bank to Launch its Own Cryptocurrency in March 2019

December 29, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Finance, News, Platform, Tech

According to a report published by Finance Magnates, on December 26, 2018, Japan-based company Mizuho Financial Group is primed to launch its yen-pegged cryptocurrency in March 2019. Mizuho’s Stablecoin to Be Launched in March 2019 The cryptocurrency being introduced by Mizuho will have parity with the Japanese yen and can...

Silver Miller Files Lawsuit against Cryptocurrency Company for Defrauding Customers

December 29, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Silver Miller, a US-based cryptocurrency Investor law firm has filed a lawsuit against Jeremy Spence for allegedly organizing a Ponzi scheme disguised as an investment hedge fund claiming to be managing $5 million worth of investors assets, reports Finance Magnates on December 27, 2018. Lawsuit Claims Jeremy Spence Operates a...

Samourai Wallet Introduces Coin Tracking Service Ricochet

December 28, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Development, News, wallet

Samourai wallet has introduced a new privacy feature that prevents coin tracking services from freezing users' funds and blocking their accounts, looking to tap into the market of those looking for complete privacy, the company explained in their blog post back in January 2017. The Problem with Bitcoin Blacklists Ever...

The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Bank of America Files Patent to Develop Blockchain-Based ATMs for Faster Transactions

December 28, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Development, Finance, News

The Bank of America (BOA) on December 26, 2018, filed a patent that allows them to develop blockchain based devices to handle cash. These are cash handling devices whose aim is to bring about efficient, faster, and traceable transactions, according to a Finance Magnates report. BOA Doing More with Distributed...

A Year in Cryptocurrency and Blockchain: Q1 2018

December 28, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Business, Crime, Ethereum, News, Platform, Tech

It is perhaps no secret that the cryptocurrency market failed to meet the expectations of most investors this year. While 2017 was widely regarded to be the year cryptocurrencies and ICOs reached mainstream popularity, 2018 has been impactful in a much more subdued manner. For instance, institutional interest and adoption...

Blockchain Cuties Is the First Gaming Dapp to Be Launched on Tron Arcade

December 27, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Ethereum, News, Platform, Tech

Blockchain Cuties, one of the most popular crypto collectible games today, is officially launching on Tron Arcade on December 28, making it the first full-features gaming dApp to launch on the platform, BlockTribune reported on December 25, 2018. Blockchain Cuties Collectibles Game Launches on Tron Arcade Blockchain Cuties, a crypto...

Cutting a Bitmain paper in half with scissors

Bitcoin Mining Firm Bitmain Rumored to Cut 50 Percent of its Staff

December 27, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Finance, Mining, News, Platform

According to a report published by Finance Magnets, on December 24, 2018, Bitcoin mining behemoth Bitmain has sacked its entire Copernicus team, which was responsible for the development of the firm’s Bitcoin Cash client. Bitmain to Cut its Workforce by half in the Coming Week Per sources close to the...

Canada’s GuildOne to Build Blockchain Solution for the Oil and Gas Sector

Reliance Industries Invests $5 Million to Digitize Energy Trading

December 27, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

In a bid to accelerate its efficiency and productivity via blockchain technology, Reliance Industries Limited (RIL), a Mumbai-based conglomerate holding firm that deals in petrochemicals, telecommunications. textiles and more, has invested $5 million into Vakt Holdings Limited, which is a U.K.-based distributed ledger technology (DLT) firm, reported VCCircle on December...

UAE: ICO Regulations by Mid-2019 Could Propel the Country’s Cryptocurrency Ecosystem

December 27, 2018 by Aisshwarya Tiwari at Adoption, Altcoins, Blockchain, Business, Finance, ICO/IEO, News, Regulation

United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U.S., China, and India are still pondering over the...

Mining One Bitcoin a Month Would Require Harvesting Body Heat from 44,000 People

December 26, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Finance, News, Platform, Tech

In a bid to raise awareness about the crypto industry's energy consumption, the Institute of Human Obsolescence, a Dutch organization focused on data ownership, explored the energy usage of Bitcoin and found that 44,000 would need to provide their body energy for a month in order to mine a single...

Police handcuffing an individual behind a laptop screen

South Korea: Authorities Nab Nine People for Dealing Drugs Using DarkCoin Cryptocurrency

December 26, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Crime, Finance, News, Tech

According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies. Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even...

Research: Blockchain Technology to Create Disruption in Global Automotive Sector by 2021

December 26, 2018 by contributor at Adoption, Blockchain, Business, Commentary, Finance, News

Blockchain technology is primed to take over the automotive industry in the next three years. if senior executives in the sector are to be believed, reported Times of India on December 24, 2018. Blockchain to Augment Business Processes In a joint study conducted by the IBM Institute for Business Value...

Crypto Artist Sells Smallest and Cheapest Work of Art Ever Through c-Lightning

December 26, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Finance, News, Platform, Tech

An artist by the name of "crypto graffiti" has sold the smallest artwork in history in a "micro auction" to promote the c-Lightning micropayments system, the artist announced in a Reddit post on December 20, 2018. Smallest and Cheapest Work of Art in History Sold for Bitcoin Outside of the...

Tron and Binance Donate $200,000 in Crypto to Charity in Malta

December 25, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Ethereum, Finance, News, Platform, Tech

Tron and the Binance Charity Foundation have each contributed $100,000 in cryptocurrencies to the Malta Community Chest Fund Foundation to help the underprivileged residents of the country, Tron's CEO Justin Sun announced in a tweet on December 23, 2018. Binance and Tron Join in a Charity Campaign in Malta Binance,...

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