#blockchain technology News

U.S. SEC Hammer Down Crowdfunding Platform ICOBox

September 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

ICOBox, an initial coin offering project (ICO) that raised a whopping $14.6 million from the sale of its native altcoin in 2017, has been dragged to court by the United States Securities and Exchange Commission (SEC) for selling unregistered securities and functioning as a broker without obtaining the relevant licenses,...

IBM and UBS Partner with German Car Producer to Develop Blockchain-Based Payment Solutions

September 19, 2019 by Edoardo Vecchio at Blockchain

According to a press release dated September 18, 2019, published by AutomotiveIT, ZF Friedrichshafen is partnering with IBM and UBS to build a blockchain-based payment platform for the automotive industry. A New Cashless Solution for the Automotive Industry Global giants ZF Friedrichshafen, IBM, and UBS are teaming up to develop...

Power Ledger Launches DLT Platform to Foster Clean Energy Monetization

September 10, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a blog post on September 9, 2019, Power Ledger (POWR), an Australian energy trading software company and distributed ledger technology (DLT) project, announced that it has begun the first trial of its blockchain-based peer-to-peer (P2P) technology in rural areas, to enable commercial buildings to monetize their excess solar energy....

Eluvio Launches New Blockchain-Based Content Fabric

September 9, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a bid to enable content owners to manage and distribute premium video to viewers in a frictionless manner, Eluvio, a California-based firm that claims to be focused on transforming the management distribution economics of premium video content owners globally, has launched a blockchain-based platform dubbed the Eluvio Content Fabric,...

Burundi: Government Bans Bitcoin Trading

September 5, 2019 by Ogwu Osaemezu Emmanuel at Regulation

The government of Burundi has placed a blanket ban on cryptocurrency trading in the state citing a lack of protection for consumers who burn their fingers trading bitcoin (BTC) and other digital assets. The nation now plans to make defaulters pay huge penalties, reports Bloomberg on September 4, 2019. Bitcoin...

U.K.: FCA Issues Final Guidelines on Crypto Regulation

The Impact of Brexit on the United Kingdom’s Crypto Sector

September 5, 2019 by Ashwath Balakrishnan at Blockchain

Brexit has served as a prime example of how ordinary citizens can protect their assets from political turmoil using Bitcoin. According to Forbes, the negative effects of a potential no-deal Brexit are leaking into the economy and affecting crypto startups in the region, September 4, 2019. If the U.K. leaves the...

Marshall Islands: Government to Issue SOV State-Backed Crypto

September 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

David Paul, Minister of Assistance to the President of the Marshall Islands in an essay on September 4, 2019, revealed that the Marshall Islands is on the verge of issuing its blockchain-based sovereign currency dubbed Marshallese sovereign (SOV). SOV will have a fixed annual supply growth rate of four percent...

Coinbase Report: Students Interest in Crypto and Blockchain Is Increasing

August 29, 2019 by Edoardo Vecchio at Uncategorized

According to a report published by U.S.-based cryptocurrency exchange Coinbase on August 28, 2019, students are becoming more and more interested in digital currencies and the number of courses offered in University on blockchain technology and bitcoin (BTC) is increasing. Crypto Education In August 2018, Coinbase, the most popular crypto...

Detailed Analysis of China’s Central Bank Digital Currency

August 29, 2019 by Ashwath Balakrishnan at Adoption, Blockchain

Earlier this month, China publicly confirmed that they have been working on a central bank digital currency (CBDC) and will look to roll out it sometime this year. Binance Research published a detailed review of the structure and issuance mechanism for the network and the underlying currency, August 28, 2019....

Gran West Agreed to Comply with Judge to Reimburse £900,000 worth of Bitcoin to his victims

August 23, 2019 by Edoardo Vecchio at Crime

According to news published by The Guardian on August 23, 2019, cybercriminal Gran West has agreed to collaborate with justice to reimburse the victims of his crimes. The amount to be paid as a way of compensation to the losers equals to £915,305.77 pounds. Spontaneous Collaboration Gran West, the 27-year...

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