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Luxury Fashion Brand Alyx Adopts IOTA Blockchain
Alyx, a luxury fashion brand built on the concept of a subversive culture, has announced the launch of a blockchain pilot powered by IOTA (MIOTA). The project is aimed at increasing supply chain transparency and boosting consumer confidence in its products, reports Vogue Business on June 24, 2019. дальше »
2019-6-25 05:00 | |
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Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report
By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. дальше »
2019-6-21 13:26 | |
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Tesla Could Miss Model 3 Delivery Targets. Here’s Why It’s Not Shocking
By CCN Markets: After Elon Musk announced that he was cracking the whip on Tesla employees to hit unrealistic quarterly delivery targets, a document leak suggests that target will not be met, according to Business Insider. дальше »
2019-6-19 01:45 | |
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British Bitcoin scammer nets $50M running fake Bitcoin trading site
A British Bitcoin scammer has admitted to a con that duped people, all over the world, out of $50 million. In US courts last week, the perpetrator, identified as 50-year old Renwick Haddow, admitted to running a fake Bitcoin trading platform that defrauded hundreds of investors form around the globe. дальше »
2019-6-18 12:41 | |
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Indian Police Busted Call Center Scam Who Stole $1.7 Million In Bitcoin From US Citizens
According to the Business Standard, a gang in India has been busted by the Police in Madhya Pradesh state. The scammers were stealing Bitcoin (BTC) from US citizens through a call centre. The reports show that the scammers were able to steal around $1. дальше »
2019-6-13 22:03 | |
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Vancouver mayor suggests Bitcoin ATM ban to stop money laundering
Vancouver has cryptocurrency growing pains. The city’s police labeled Bitcoin ATMs an “ideal money laundering vehicle,” and its mayor has even suggested a complete ban. Experts and local businesses have instead called for federal money services regulations to be changed to include Bitcoin ATMs, reports The Star. дальше »
2019-6-5 12:47 | |
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The Stock Market Flashed a Catastrophic Warning, But No One’s Listening
By CCN: The U. S. stock market is sounding a catastrophic recession warning. The evidence is flashing in bright colors, and the alarms are absolutely deafening. But no one on Wall Street is listening. дальше »
2019-6-4 20:03 | |
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Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report
By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years. дальше »
2019-5-25 05:00 | |
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Google breaks up with Huawei, blocking it from Android apps and services
In a surprise bit of weekend news that could have major implications on the smartphone market, Reuters reports that “Google has suspended business with Huawei that requires the transfer of hardware, software, and technical services except those publicly available via open source licensing. дальше »
2019-5-20 04:31 | |
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Study Finds Several “Important Discrepancies” in Ripple’s Reports. Did They Lie?
Ripple has been a company known for projecting an image of seriousness and transparency (despite not having the support of the most purists within the crypto be seen). Its business strategy has allowed it not. дальше »
2019-5-19 03:27 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Chinese blockchain firm swaps Bitcoin for cannabis in search of new highs
Following the effects of the crypto-winter, one Chinese firm has been forced to diversify its business model away from blockchain. It’s chosen industrial hemp as the next addition to its portfolio. дальше »
2019-5-2 11:51 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Amazon is reportedly building a high-fidelity music streaming service to rival Tidal
Amazon is set to launch a new music streaming service later this year that will serve up tracks at higher quality than what most mainstream platforms like Spotify offer, reports Music Business Worldwide. дальше »
2019-4-26 11:02 | |
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Large Corporations Are Upgrading The Japanese Cryptocurrency Exchange Ecosystem
Large Corporations Changing The Japanese Cryptocurrency Exchange Ecosystem It’s a new dawn for the Japanese cryptocurrency ecosystem, as government-licensed digital assets trading platforms are now undergoing massive changes with big whales entering the industry. дальше »
2019-4-25 23:24 | |
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Post Foldgate, Samsung reportedly delays Galaxy Fold launch in China
Samsung has reportedly postponed the launch events for its $2,000 Galaxy Fold smartphone in Hong Kong and Shanghai, according to reports by SamMobile and Engadget. The press events were originally scheduled for April 23 and 24. дальше »
2019-4-22 11:20 | |
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Australia Grants A$170K To Crypto SA To Launch Country’s First Blockchain Incubator
The Australian government has awarded A$170,000 to blockchain advisory firm Crypto SA to open the country’s first blockchain incubator, reports the Lead South Australia. Crypto SA was granted the funding as part of the Incubator Support program, which provides business incubators with grants of up to A$500,000 to assist Australian startups in gaining the capabilities […] The post Australia Grants A$170K To Crypto SA To Launch Country’s First Blockchain Incubator appeared first on Coinjournal. дальше »
2019-4-21 00:28 | |
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Bitcoin [BTC], Bitcoin Cash [BCH] accepted as payments by Corporate Traveller following tie-up with BitPay
The future of cryptocurrency had always been speculative and constantly clouded with doubts as crypto-assets were highly unregulated. The silver lining for the industry remains in terms of worldwide adoption, which has the potential to promote the use of virtual currencies. дальше »
2019-4-17 02:30 | |
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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power. дальше »
2019-4-17 20:52 | |
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Real Madrid Sign a Deal with Blockchain-Based Collectibles Platform
Spanish football club Real Madrid has signed a business deal with Fantastec SWAP, a blockchain-based football collectibles app, reports SportsPro, April 12, 2019. Hala Blockchain Blockchain-powered businesses are slowly making their presence felt on the football pitch as it was reported that one of the world’s most commercially successful football clubs, Real Madrid has enteredRead MoreRead More. дальше »
2019-4-14 09:00 | |
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Japan’s Biggest Bank Confirms Launch of Digital Currency ‘Coin’ in 2019
Following months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency. дальше »
2019-4-13 13:22 | |
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U.S Bitcoin Trader Bags Two Years Imprisonment for Illegal Transactions
A United States court has sentenced Jacob Burrell Campos to two years imprisonment for operating a Bitcoin exchange business that sold hundreds of thousands of dollars worth of bitcoin without registering with the relevant financial authorities as a money transmitter. дальше »
2019-4-11 18:00 | |
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OneCoin Cryptocurrency Ponzi Scam Suspects Arrested in Singapore
The police in Singapore has arrested two men in connection with the OneCoin cryptocurrency Ponzi scheme, The Business Times reports. News of the arrest is the latest installment in the OneCoin saga that has seen the controversial project banned by numerous countries. дальше »
2019-4-10 19:19 | |
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QuadrigaCX Starts Bankruptcy Proceedings
It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million. дальше »
2019-4-10 17:39 | |
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Singapore Slams OneCoin Promoters Behind Multi-Billion ‘Crypto’ Scam
Singapore has joined a growing list of countries cracking down on the promoters of the multi-billion dollar OneCoin pyramid scheme. The Business Times reports that investigations conducted by the Singapore Police Force (SPF) hav resulted in two men being charged for promoting OneCoin cryptocurrency. дальше »
2019-4-10 12:28 | |
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Alibaba, Baidu, and Tencent are among the first 197 regulated blockchain firms in China
China‘s Cyberspace Administration – the country’s central internet regulator – has released the first list of companies approved to conduct business with blockchain tech. There are 197 businesses included on the list which, according to analysts, is meant to “provide a controllable environment to explore blockchain technology,” the Global Times reports. дальше »
2019-4-2 11:51 | |
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XRP, XLM and Bitshares Are Significantly Better for Remittances Than Any Fiat-based Solution, Blockdata Reports
The money remittance business has proven to be extremely lucrative, especially in recent years where fintechs have proven their ability to offer solutions that are much more efficient and cost-effective than traditional money transfers through. дальше »
2019-3-29 16:05 | |
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Blockchain Adoption: 130-Year Old Liquor Firm Puts Its Whisky On Blockchain
Liquor industry publication The Drinks Business reports that the 130-year old whiskey distiller, William Grant and Sons, has released… The post Blockchain Adoption: 130-Year Old Liquor Firm Puts Its Whisky On Blockchain appeared first on Invest In Blockchain. дальше »
2019-3-27 09:44 | |
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Blockchain Spending in the US Will Grow 13x by 2025, Market Research Firm Reports
A new report dubbed the “United States Blockchain Business Opportunities and Outlook Databook Series (2016-2025)” by ResearchAndMarkets.com, the world’s largest market… The post Blockchain Spending in the US Will Grow 13x by 2025, Market Research Firm Reports appeared first on Invest In Blockchain. дальше »
2019-3-27 19:44 | |
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Moonday Mornings: Twitch drops Bitcoin, most BTC trading could be fake, and more
It’s Monday, which means there’s a weekend’s worth of cryptocurrency and blockchain news to catch up on. Here are the headlines. 1. Despite giving up on its proprietary cryptocurrency, Citibank isn’t ready to leave the world of blockchain for good. дальше »
2019-3-25 11:51 | |
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Craig ‘Satoshi’ Wright Claims to Have Filed 666 Blockchain Patents
The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property. дальше »
2019-3-22 23:10 | |
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Despite Reeling in Nearly 60 New Clients, Silvergate Bank Loses 8% in Deposits
The cryptocurrency business in the United States does not have a lot of traditional financial institutions on their side yet, but Silvergate Bank is among the few. They have managed to add 59 new cryptocurrency clients in the fourth quarter last year. дальше »
2019-3-20 13:13 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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Karpeles Beats Embezzlement Charges in Mt Gox Ruling
The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust. дальше »
2019-3-16 22:01 | |
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Crypto Scam Alert: Bitcointopia Land Fraud Revealed, Entrepreneur Pleads Guilty
Crypto entrepreneur, Morgan Rockcoons supposedly shared a business proposal in which crypto fanatics around the world can come together to create a crypto land dubbed, “Bitcointopia” in Nevada. This endeavor has supposedly become a court case, to which Rockcoons pleaded guilty in San Diego Federal Court on Thursday, March 7, 2019 reports The San Diego […] дальше »
2019-3-9 21:29 | |
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Uber-Killer Grab Prepares for War in Asia by Raising $1.5 Billion
The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week. дальше »
2019-3-7 00:31 | |
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Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet
Billionaire Eugene Kaspersky says bitcoin is a brilliant innovation, but the world is not ready for cryptocurrency just yet. However, the CEO of Russian cybersecurity firm Kaspersky Lab believes that will change — in 100 years. дальше »
2019-3-5 20:22 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Business Owner’s Seething Critique of the Lightning Network Goes Viral
A business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. дальше »
2019-3-2 02:25 | |
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India: Startup Mudrex Launches Crypto Bot Service for Investors
In a first in India, Bengaluru-based startup Mudrex has ventured into the business of providing bot-based crypto trading services investors, reports Economic Times, February 28, 2019. Automating Crypto Trading Although the Indian cryptocurrency ecosystem looks stunted due to uncertainty surrounding its legal status, businesses in the country have not shied away from entering the cryptospace. дальше »
2019-3-1 12:00 | |
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Hong Kong: Crypto Trading Platform Coinsuper Targets Institutional Investors
Hong-Kong based cryptocurrency exchange platform Coinsuper is set to readjust its business compass towards institutional investors in the emerging asset class, reports South China Morning Post, February 24, 2019. дальше »
2019-2-26 20:00 | |
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Embezzlement, $26 Million Loss Bankrupts Korean Crypto Exchange Coinbin
Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million. Cryptocurrency and Cash Transactions Stopped According to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO Park Chan-kyu on February 20, 2018. дальше »
2019-2-25 22:01 | |
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Cryptocurrency Business Use “Reverse Merger” to Enter Mainstream Markets
Staying true to their creative nature, several cryptocurrency businesses, especially the exchange platforms are following the “reverse merger” approach to move close to mainstream markets, reports South China Morning Post, February 22, 2019. дальше »
2019-2-23 14:00 | |
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Shocking ‘Near Zero Growth’: Hong Kong is Another Loser in the US-China Trade War
Eric Lam reports for Bloomberg: “The trade war between the U. S. and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost ‘zero growth. дальше »
2019-2-18 13:19 | |
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