Author – Sam Reads The U.S. Commodity Futures Trading Commission (CFTC) sent the exchange a subpoena on 6th December last year. Wells Fargo ended its relationship with the digital currency exchange last year too. Bitfinex one of the largest crypto…
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Indian Information technology (IT) provider Tech Mahindra will invest in blockchain center in Canada
Pune, Maharashtra, India-based multinational IT provider Tech Mahindra has announced that they will invest nearly Canadian $100 million (US $ 79 million) in a Center of Excellence (CoE) in Canada. The CoE will focus on blockchain and Artificial Intelligence (AI)…
Cryptocurrency trader from Chicago is facing fraud charges
Author – Anujit In what can be considered as the first of such cases in the USA, a cryptocurrency trader based out of Chicago, Illinois, USA, is facing charges of fraudulent misappropriation of US $ 2 million in cryptocurrencies. Joseph…
NEO—towards the future smart economy, What it is and Where it is headed ?
What is NEO? NEO is one of the most exciting cryptocurrency in the market. Since its December 2014 launch, NEO has become the largest cryptocurrency in China, and the 7th largest in terms of global market capitalization. By the end…
African cryptocurrency market: Nigerian Senate Committee to Discuss possible Cryptocurrency Measures
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,…
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…
ICO Regulation: UAE Regulator Caution Residents over ICO Related Risks
Author – Sam Reads, UK UAE’s Securities and Commodities Authority (SCA), the kingdom financial market watchdog and regulator issued an investor warning alarm, over-investment in initial coin offering (ICO). The investor alarm was published over the weekend warning investors about…
South Korea Regulations: South Korean Court Finally Rules Bitcoin Has Economic Value
A South Korean court made a landmark ruling on 31st January on the economic value of the bitcoin. This was the first ruling that shows the value of the bitcoin as its ripples spread all over. The ruling was the…