Several tech giants have announced their entry into blockchain, and are currently pursuing multiple projects, proof of concepts (PoCs), and pilot projects utilizing this technology. However, they have typically been silent vis-a-vis cryptocurrencies. This is changing now, with global tech…
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Coca-Cola Asked US Department of State’s Help to Combat Forced Labor using Blockchain
Coca-Cola together with two other firms has strike a deal with the U.S. State Department to fight forced labor all over the world through the use of blockchain’s digital ledger technology. The digital ledger will help create a secure registry…
US Sanctions could Include Digital Wallets – US Treasury Department
The US economic crackdown on countries like Russia, Iran, North Korea, Syria and Venezuela as well as individuals whom the US believes are somewhat a threat to national security or are in a way aiding countries and other individuals who…
G20 wants to Regulate Cryptocurrencies on all Member Nations by July
Guest Author – Marequitta Unregulated cryptocurrency has become a pressing matter for big corporations, major banking and financial institutions and now even the heads of state of the G20 Economic Summit. Back in February the finance ministers of the G20 met…
Bitcoin’s Lightning network is coming soon to make day-to-day transactions faster
Bitcoin could finally be used for day-to-day transactions. California, USA-based Lightning Labs has launched their beta version of LND, its Lightning network software, which should help users in sending Bitcoin faster to other users. Current Speed of Bitcon Transaction :…
Coinbase bug that allowed stealing of Ethereum found by another company
One of the most prominent crypto exchanges, Coinbase, had a bug in their system which could have been exploited by malicious users to steal Ether. However, VI Company, a Dutch FinTech firm, found the bug and alerted Coinbase, helping the…
US National Security Agency can identify Bitcoin users
The United States of America (USA)’s National Security Agency (NSA) can identify Bitcoin users, and they have the capability since several years, as indicated by a report. The report was based on the classified documents that the whistle-blower Edward Snowden…
Blockchain-powered lottery is about to disrupt online lottery market
Cyprus-based blockchain start-up Firelotto plans to disrupt online lottery market with their blockchain-powered lottery. They have a ready product, and have already started 4 online lottery games, with the initial guaranteed prize pool exceeding US $ 1 million. Lottery market…
Why is Ethereum Losing Ground ?
Towards the beginning of 2018, Ethereum has recorded massive gains and all-time highs. At one point on January 13, Ethereum prices reached the $1,420 level, before tumbling down to the multi-wave correction up to this point. The “Flippening” Flipped? The…
Ripple xCurrent will be used by Brazil and Latin America’s Largest Bank for Payments Processing
Author – Marequitta Roughly a month ago (February 21), it has been revealed by the Ripple team that Brazil and Latin America’s biggest bank by market cap, Itaú Unibanco, have signed an agreement with Ripple to use its blockchain network’s xCurrent…