Bank of Jamaica Invites Bidding War for CBDC Infrastructure Solutions

The Bank of Jamaica invited technology solution providers to develop and test potential Central Bank Digital Currency, or CBDC solutions. According to a July 17 statement, bidders have been invited to submit the details of their solutions to the bank…

Bitcoin Mining Grandmother locked up in China

A 61 year old Chinese grandmother will go behind bars for 4 months for stealing electricity while mining Bitcoin. On top of the sentence, the elderly Bitcoin enthusiast Qiuping Tang will also pay a fine of 10,000 Yuan ($1,500) for…

Hamas ups Crypto game with the creation of multiple wallets

Hamas has been upping its crypto game of late, with its military wing- Izz el-Deen al-Qassam brigades- reportedly soliciting Bitcoin in a way that deters tracking. Hamas has had a funding problem for a while now, with its sympathizers unable…

New Poll Declares XRP the Best Crypto to Buy Below $1

A Weis ratings poll just declared Ripple’s XRP, the best crypto-currency to buy below $1. Weis ratings is a private firm that offers research and review services for individual, and business uses. After the poll was conducted, the research firm…

Thailand: calls for strict regulations intensify as crypto fraud thrives

At a time where crypto regulators are burning the midnight oil in efforts to seal loopholes in the market, fraudsters are reported to be migrating to jurisdictions where rules governing the space are either conspicuously inconsistent or non-existent at all.…

$65 billion crypto wipeout: what you need to know!

Within the past seven days, the crypto market has been slashed $65 billion in a trend that saw major coins including Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) plunge in market values with some assets losing up to 50%…

Blockchain attorney: “No correlation between SEC’s actions and bitcoin prices!”

The bear effect in the crypt market has proved persistent with frequent market blips giving investors a run for their money. The recent action by the US financial regulatory watchdog SEC on two ICOs (AirFox and paragon) has seemed to…

A UK-based money management startup Emma rolls out support for cryptocurrencies

Emma, a millennial-focused money management app popularly known as the “financial advocate” within the UK is expanding its territory to the crypto world by introducing a crypto management feature in its system. Emma technologies is the company underpinning the Emma…

The Secret State: North Korean largest hack-crew scoops $571 million in Crypto-currency thefts

A report indicates that North Korea’s hacking outfit dubbed ‘Lazarus’ has made away with $571 million in cryptocurrencies across five attacks. Since 2010, a total of over $1.3 billion in cryptocurrencies have been lost to internet baddies with 2017 and…

Opinion court: is institutional investment in crypto taking shape?

Institutional investment in the cryptocurrency market is a topic which for a long time now, has had its fair share of proponents and opponents. At least not until emerging reports indicated that Yale, one of the world’s largest university endowments,…