Blockchain technology is currently being looked into by the United States Navy Naval air systems command (NAVAIR) for tracking aviation parts throughout its lifecycle. For NAVAIR, there is a big need to change the way it tracks the lineage of…
Japan based Zaif exchange losses 59 million in crypto heist
Hackers were at it again, this time making away with 59 million dollars’ worth of cryptocurrencies from cryptocurrency exchange, Zaif, which is based in Japan. A local report indicated that the heist was enabled by a security breach that occurred…
New York AG reveals report that shows crypto exchanges are at risk of manipulation
According to a report published by the attorney generals office yesterday, crypto exchanges are right now susceptible to manipulation as well as conflicts of interest among other consumer risks. This comprehensive report mirrored the results born out of the virtual…
Singapore Central Bank Chairman Livid Over Fake Crypto News
The central bank of Singapore has issued warnings over what it terms as “fabricated comments” on crypto by two websites about their chairman who also happens t be deputy prime minister Tharman Shanmugaratnam. The two websites posted this fabricated news…
Venture Capitalist Tim Draper Predicts 80 Trillion Crypto Market Cap By 2033
Popular venture capitalist and crypto enthusiast, Tim Draper, has predicted that cryptos total market capitalization total market capitalization will hit unbelievable highs of 80 trillion by the year 2033. Tim Draper who has made a name for himself as a…
Altcoins Keep Taking Hits While Bitcoin Shows Signs Of Improvement
This past week has seen crypto markets sink again with most of the top 2o coins by market cap in the red. Majority of Altcoins are recording losses in the region of 5-6percent of the top 20 currencies. Even the…
Russia Not Ready for Cryptos According to the President’s Special Representative
Russia is not yet ready for the issuance and circulation of crypto-currencies. This is according to a special representative of the Russian president. This was reported by a local news agency known as RIA Monday Yesterday. Dmitry Peskov, the president’s…
Paris Saint-Germain set to become first high profile soccer club to launch fan token
Paris Saint German (PSG) is on the headlines again, this time for financial news of a different kind. The club is accustomed to being on the news for financial issues such as big money record-breaking transfers of soccer players and…
Crypto Is Not Effective for Terrorism Financing
The US foundation for defense of Democracies (FDD) center of sanctions and illicit finance shows that crypto-currencies are ill-suited for financing terrorist groups as has been earlier alleged by various regulatory bodies. While delivering the report during his speech at…
Ethereum Co-creator Believes There Will Be No More 1000x Crypto Growth
Vitalik Buterin, the co-creator of Ethereum is of the opinion that the days of astronomical 1000x crypto growth as seen in 2017 is over. In an interview with Bloomberg, he emphasized that such sharp highs would no longer be realized…