#United States News

Iowa House Says Yes to Blockchain and Smart Contracts

March 31, 2021 by Dalmas Ngetich at Regulation

The State of Iowa House has unanimously passed a bill, Senate File (SF) 541, that facilitates electronic transactions. According to the Gazette, the bill formally recognizes smart contracts. It also confirms the blockchain as a secure and reliable ledger for storing information. Smart Contracts and Blockchain Formally Recognized in Iowa...

IoTeX Joins AWS Partner Network in USA & China, Lists Pantheon On AWS Marketplace

IoTeX Is Now an Amazon Web Services Partner Network (APN) in China and the U.S.

March 3, 2021 by Dalmas Ngetich at Altcoins

IoTeX is now part of the Amazon Web Services Partner Network (APN) in the U.S. and China, a press release on Feb 25 reveals. A Boost for IoTeX, AWS Widely Adopted by Fortune 500 Companies The APN is a global partner program tailored for technology and consulting businesses. It is...

Nevada Governor Includes Blockchain Technology Development in Economic Blueprint

January 21, 2021 by Anthonia Isichei at Blockchain

Nevada Governor is looking to develop a special zone in the state, which would promote the development of blockchain technology. Nevada Big on Blockchain Technology Adoption According to the Reno Gazette Journal on Monday (Jan.19, 2021) Steve Sisolak, Governor of Nevada in a State of the State address, outlined plans...

Casascius 1000 BTC Gold Coin Beat the “Flowing Hair Silver Dollar” as the World’s Most Valuable Rare Gem

December 2, 2020 by Dalmas Ngetich at Altcoins

Money takes different forms. People decide what’s fitting for their situation and accept endorsed money. We have had all forms of money over the years. However, in the digital age, fiat is widely used. They are printed by the central government and backed by the country’s sovereignty. For this reason,...

Supply Chain Blockchain Machine Boxes Factory Brown Blue

US Cybersecurity Agency Recommends Integration of Blockchain in Supply Chain

November 10, 2020 by Dalmas Ngetich at Blockchain

The United States Cybersecurity and Infrastructure Security Agency (CISA), in a report dubbed “Building A More Resilient ICT Supply Chain: Lessons Learned During the COVID-19 Pandemic,” published on Nov 6, said the blockchain technology can help in resolving supply chain problems in light of the coronavirus pandemic. Assessing the Impact of Coronavirus...

Crypto and Blockchain Businesses in New Jersey Must Obtain Licenses if This Bill Passes

November 9, 2020 by Dalmas Ngetich at Regulation

The “Digital Asset and Blockchain Technology Act” from the State of New Jersey is now before the Senate under Bill 3132 sponsored by Senator Nellie Pou. Similarities with New York’s Bitlicense If passed, the act shall introduce a raft of changes similar to the stringent Bitlicense stipulations of New York. Specifically, the...

BitMEX exchange operator shuffles leadership in wake of criminal charges

Arthur Hayes Steps Down from BitMEX, Exchange to Complete User Verification Program

October 8, 2020 by Dalmas Ngetich at Regulation

Arthur Hayes, Samuel Reed, and Ben Delo are all stepping down from their executive responsibilities in BitMEX with immediate effect, 100X Group--the holding group for HDR Global Trading Limited which owns and operates the Bitcoin and crypto derivatives platform, has said in an announcement on Oct 8. BitMEX will complete their...

Alibaba On Its Way to Becoming Biggest Blockchain Patent Holder

September 18, 2020 by Dalmas Ngetich at Blockchain

A KISSPatent report on Sep 17 reveals that more blockchain patents were filed in H1 2020 than the whole of 2019 and Alibaba will soon eclipse the New York-based technology company, IBM, as a single largest holder of patents. In another twist, most blockchain patents were filed by traditional Fortune 500 companies and China...

Bitcoin (BTC) Pushes Square's Revenue up by 266 Percent

Square Enables Deposit of COVID-19 Stimulus Payment via Bitcoin-Friendly Cash App

April 13, 2020 by Anthonia Isichei at Bitcoin

Square, a mobile payments platform, recently announced the addition of a new feature that would enable users to deposit their COVID-19 stimulus payment to its bitcoin-friendly Cash App. Square's Cash App Now Allows COVID-19 Stimulus Package Deposits According to a blog post, Square’s Cash App announced that users eligible for...

Sacramento Residents can now Purchase Bitcoin at 100 Coinstar Kiosks

January 10, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Coinme, a blockchain-powered financial technology firm dedicated to enabling the masses to gain easy access to bitcoin (BTC), has announced that residents of the greater Sacramento area can now purchase the world’s flagship cryptocurrency at 100 Coinstar kiosks installed across Save Mart, Safeway and Food Maxx supermarkets, according to a...

Virgil Griffith Finally Released on Bail

January 10, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

Virgil Griffith, a former researcher and scientist at the Ethereum Foundation (EF) has been released on bail after being held for ten days. Griffith's long overdue stay in custody occurred a day after his indictment for conspiracy charges, and in the face of a U.S. District Judge granting him bail,...

SEC Slams ICOBox with $16 Million Fine for Securities Violation

January 10, 2020 by Osato Avan-Nomayo at Regulation

The U.S. Securities and Exchange Commission (SEC) is seeking civil penalties and disgorgement from crypto entrepreneur Nikolay Evdokimov and his company, ICOBox for facilitating the sale of unlicensed securities via ICOs. SEC Wants ICOBox to Pay $16 Million Fine According to FinanceFeeds, the SEC wants the courts to issue a...

United States Department of Elections to Study the Viability of Using Blockchain

January 7, 2020 by Ashwath Balakrishnan at Blockchain

Hala Ayala, a Democrat in Virginia's House of Delegates, has requested the Department of Elections to study the use of blockchain technology to improve the reliability of the election process. Ayala is a cybersecurity expert who previously worked for the Department of Homeland Security. On her request, the senate and...

Large Octopus Grabbing Bitcoin's and Court Gavels

Kraken Rails Against Rising Cost of Compliance for Crypto Exchanges

January 7, 2020 by Osato Avan-Nomayo at Regulation

San Francisco-based Kraken says the increasing number of law enforcement requests across the globe is placing a significant strain on crypto exchanges. Since 2018, several platforms have been forced to go out of business for reasons other than being victims of cyber thefts. Global Rise in Compliance Costs In a...

Court Blocks U.S. SEC from Obtaining Telegram ICO Financials

January 7, 2020 by Osato Avan-Nomayo at Regulation

The case against Telegram by the U.S. Securities and Exchange Commission (SEC) has hit a snag as a court has denied the Commissions requests to view the company’s financials, reports FinanceFeeds. First Blood to Telegram According to FinanceFeeds, a New York Southern District Court has struck out a motion by...

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