Author – Sam Reeds – UK Africa’s most populous country, Nigeria, is set to deliberate on possible ways to regulate cryptocurrencies. The country is well known for online scamming commonly referred to as K-9 scammers globally. Nigeria’s Senate Committee on…
Atari, the maker of Pac-Man, is entering the cryptocurrency space
Author – Anujit Atari, best known as makers of the hugely popular 1980s video games “Pac-Man”, “Space Invaders”, and “Pong”, is trying to rebrand themselves as a serious player in the cryptocurrency space. As part of their February 8th announcement,…
Fibonacci takes ICO route to fund their Agro Tech appliance manufacturing
Talinn, Estonia-based Fibonacci is going through the Initial Coin Offering (ICO) route to fund their Agro Tech indoor appliance manufacturing, and they are offering their cryptocurrency FIB for this. Fibonacci’s target is the North American cannabis market. North American cannabis…
The Taxman’s whip: Tax regulations and the Crypto market
Author – Same Reeds, UK When Bitcoin and other cryptocurrencies ruled the dark web, authorities were less interested in their financial impact and their relevance in the mainstream sector. However, policymakers can be seen to have changed their earlier views…
WWF will use blockchain to eliminate illegal fishing and slave labor in Tuna industry
The World Wide Fund for Nature, commonly known as Word Wildlife Fund (WWF), is spearheading a project to eliminate illegal fishing in the Pacific Islands, which will also help eliminate slave labor in the industry. Tuna industry is the main…
IMF Chief Lagarde & United States Treasury Says Global Cryptocurrency Regulations are Inevitable
Author – Sam Reads, UK The head of the International Monetary Fund, Christine Lagarde, recently warned that the international community and regulators should take early action on the cryptocurrencies. She further said that digital currency regulations are “inevitable.” IMF purpose…
Union Bank partners with 4 rural banks in the Philippines for Blockchain Technology Solutions Platform
Author – Mil It looks like the blockchain technology is slowly making its way into mainstream adoption. A news article from the Philippine News Agency reports that four rural banks have partnered with Union Bank to develop a blockchain technology-based…
The Litecoin Bull Run and Litecoin Cash Controversy
The fifth largest cryptocurrency in the market in terms of market capitalization, Litecoin (LTC), is having an amazing bull run, recording its one-month high at $231 as of the time of posting. LTC has recovered by over 100% from its…
Law enforcement: Bitcoin Scam Artist Arrested in UAE after Conning Client $545K
Author – Sam Reads, UK A bitcoin Scam Artist in the United Arab Emirates was arrested after scamming a client $545,000; the stolen cash was recovered Digital currencies have created a new wave of crime that is spreading all over.…
Government of Maharashtra (India) explores blockchain technology to improve governance
Author – Anujit The state government of Maharashtra, the western Indian state, has started to explore blockchain technology to improve governance delivery, and bring in greater transparency, and in turn, better trust, between citizens and government. With this, the state…