The president of the world bank group Jim Yong Kim has expressed his view that blockchain technology has “huge potential” and that the bank should keep pace with innovative technologies. Kim’s remarks came at the international monetary fund (IMF) and…
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US Regulator moves to Stop Operations of Three Suspicious Crypto Promoters
The crypto community has had to deal with its fair share of legal and regulatory action lately the latest being North Dakota Securities Commissioner Karen Tyler issuing cease and desist orders against three firms for allegedly offering unregistered and fraudulent…
The SEC Intensifies its Crackdown on ICO’S Despite Protests of Regulatory Ambiguity
The SEC continues its scrutiny on cryptocurrency projects by expanding their crackdown on initial coin offerings (ICOs). The watchdog’s heavy involvement in crypto by way of scrutiny is putting a lot of crypto projects at risk according to a study…
The SEC Closes in on an Alleged “pump and Dump” ICO Scheme
Pump and dump schemes have been the order of the day for months now, with unscrupulous characters trapping investors then making a killing after managing to pull money into a digital asset. This horrible malpractice has caught the attention of…
Thai Commerce Ministry Looks to Blockchain for Agriculture, Finance and Copyright
The ministry of finance in Thailand has begun to explore feasibility studies on the ust]e of the blockchain in copyright, agriculture, trade finance, according to a Thai newspaper post posted on the 9th of October. An official from the Thailand…
TRON (TRX) vs. Ethereum (ETH) Price Prediction: Which Will Get Its Needed Bull Run?
Ever since Justin Sun declared the Independence Day for TRON network and TRX holders, TRX has seen some major improvements regarding the overall popularity and the exposure of the currency in the market. Moreover, with the building of Project Atlas…
IBM seeks to patent a blockchain drone security solution
The technology giant IBM intends to patent a blockchain drone security solution. They had filed the patent application in March 2017. The United States Patent and Trademark Office (USPTO) has recently published it hence, the application is open for public…
West Virginia to Make Use of a Blockchain Based app in the Mid-term Polls
The people of West Virginia are now using a mobile app that is based on the blockchain. The app will help in casting absentee ballots in the midterm elections that are around the corner. According to slate, citizens of West…
IBM and Plastic Banks are Using the Blockchain for Recycling Work in Haiti
The blockchain is at it again, this time helping to clean up the oceans which is thanks to the efforts of plastic bank. Plastic bank is a non-profit that pays people in developing countries for handing over recyclable plastic using…
Walmart to Require Produce Suppliers to Deploy Block-chain Technology
United States Retail powerhouse WalMart and its division Sam’s club which is a membership-only retail warehouse club will require its leafy greens suppliers to put in place a farm to store tracking system based on blockchain technology. The end to…