Business

Australians Lose Big to Cryptocurrency Scams, over $2 Billion in a Decade
Jun 23, 2020 at 13:07
News
Australians Lose Big to Cryptocurrency Scams, over $2 Billion in a Decade
Australians seem to be very vulnerable to fraudulent money-stealing schemes. In 2019 alone, the continent citizens lost over $634 million to cryptocurrency scams, with over $2 billion stolen during the past decade.
Bank of Thailand Plans to Create Digital Currency Prototype for Corporate Sector
Jun 20, 2020 at 11:01
News
Bank of Thailand Plans to Create Digital Currency Prototype for Corporate Sector
The Central Bank of Thailand (BoT) is creating a CBDC prototype called Project Inthanon for the business and corporate sectors.
Blockchain to Increase Trade Accuracy and Operational Efficiency for Oil and Gas
Jun 11, 2020 at 13:21
News
Blockchain to Increase Trade Accuracy and Operational Efficiency for Oil and Gas
The oil & gas firms leveraging blockchain are in a position to increase trade accuracy, improve scheduling and back-office efficiency, improve operational efficiency, increase access to trade info, and lessen the working capital cycle.
Blockchain-Based Solutions Trigger the Wide-Reaching Progress of Identity Authentication Tools
May 15, 2020 at 14:27
News
Blockchain-Based Solutions Trigger the Wide-Reaching Progress of Identity Authentication Tools
The market for identity authentication management using blockchain and distributed ledger technology (DLT) is likely to grow to around $11.46 bln by the year 2026 – just six years from today.
Cryptocurrency Business in India Is Flourishing Despite Coronavirus and War with the Reserve Bank
May 08, 2020 at 12:18
News
Cryptocurrency Business in India Is Flourishing Despite Coronavirus and War with the Reserve Bank
No one would call the life of the cryptocurrency business in India easy. First, they had to deal with a ban from the country’s Reserve Bank, and then they were hit by the COVID-19 pandemic. However, Indian exchanges manage to withstand everything. Especially after the ban was lifted by the Supreme Court.
Counterfeit Medical Supplies from China Grow with Rising Demand
Apr 20, 2020 at 11:58
News
Counterfeit Medical Supplies from China Grow with Rising Demand
As the COVID-19 pandemic spreads around the world, the demand for medical supplies such as test kits, reagents, masks etc. skyrockets. In its turn, the growing deficiency has pushed a growth in counterfeit products.
Bitcoin Average Block Time Surges to 13 Minutes for the First Time Since 2018
Mar 22, 2020 at 14:09
News
Bitcoin Average Block Time Surges to 13 Minutes for the First Time Since 2018
Recent data indicates that the amount of time a Bitcoin transaction takes to process has increased to its highest since November 2018. The Block time for the past few days has been recorded at more than 13 minutes.
Elon Musk and Daniel Craig Spotted in Cryptocurrency Scam Promising Abnormal Profits
Mar 13, 2020 at 11:52
News
Elon Musk and Daniel Craig Spotted in Cryptocurrency Scam Promising Abnormal Profits
Recently, it was discovered that a digital currency scam called the "Bitcoin Era" goes on to attract many targets with new techniques, including the use of the names of Tesla founder Elon Musk and Hollywood star Daniel Craig, according to Business Insider.
Homeland Security Agents Lure LocalBitcoin Trader Into Arrest for Money Laundering
Mar 13, 2020 at 11:12
News
Homeland Security Agents Lure LocalBitcoin Trader Into Arrest for Money Laundering
Washington DC resident Kenneth Warren Rhule is facing charges of money laundering for trading more than $140,000 on Local Bitcoin. The 26-year-old got into Homeland security agents’ radar and was tricked to exchange his cryptocurrency into cash in the hands of undercover Homeland security agents.
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