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Another Sentence for a Fraudster: A Programmer from Romania Faces 5 Years Behind Bars
Jul 11, 2020 at 12:36
News
Another Sentence for a Fraudster: A Programmer from Romania Faces 5 Years Behind Bars
A programmer of Romanian origin named Silviu Balaci was sentenced to five years behind bars and a fine amounting to $250,000 for running the BitClub Network mining scam.
Crypto Newbie: The Scary Word “Blockchain” and What It Means
Jul 05, 2020 at 11:34
News
Crypto Newbie: The Scary Word “Blockchain” and What It Means
Blockchain has been a buzzword for a while now. However, only techies are able to actually understand what it means and realize all the potential of this technology. For common folks, it is just another “scary” word they hear every now and then without the slightest idea of its meaning. But what does it actually mean?
Alibaba Will Use Domain Names to Connect Between Blockchains
Jun 02, 2020 at 15:38
News
Alibaba Will Use Domain Names to Connect Between Blockchains
Chinese e-commerce giant Alibaba has filed a patent for cross-chain technology that improves the connection between blockchains through domain names. The ‘unified domain name scheme’ has been approved by the United States Patent and Trademark Office (USPTO).
Japan’s Largest Credit Card Company Builds Blockchain Payment System
May 19, 2020 at 09:18
News
Japan’s Largest Credit Card Company Builds Blockchain Payment System
JCB, a global credit card network company in Japan, announced on May 15 that it is building a blockchain-based transaction system in cooperation with a Japanese venture capital and blockchain startup.
5G Internet Network Could Work Better with Blockchain
May 12, 2020 at 09:10
News
5G Internet Network Could Work Better with Blockchain
As the world shifts from one generation of technology to another, the applicability of blockchain technology only becomes more clearly revealed. The recent advent of 5G technology shows a perfect match with blockchain.
Hackers Cracked a Popular Software Tool to Implant Bug for Mining Cryptocurrency
May 07, 2020 at 11:40
News
Hackers Cracked a Popular Software Tool to Implant Bug for Mining Cryptocurrency
On May 3, a group of hackers breached popular blogging platform Ghost to mine cryptocurrency on its underlying infrastructure, Salt. This case adds up to a number of other crypto attacks, which became increasingly proliferated since the beginning of global pandemics.
Telegram Excludes US Investors from Its Blockchain Platform due to War with SEC
May 06, 2020 at 08:26
News
Telegram Excludes US Investors from Its Blockchain Platform due to War with SEC
Telegram announced immediate payouts to the US investors taking part in their Telegram Open Network (TON) due to the scrutiny they have received from the US Securities and Exchange Commission (SEC).
Chinese Province to Launch Its First Blockchain Platform Ever
May 03, 2020 at 11:22
News
Chinese Province to Launch Its First Blockchain Platform Ever
China’s quest for cryptocurrency and blockchain technology development is yielding fruit after Anhui province officially launched its first blockchain platform.
COVID-19 is Accelerating “Rebittance” in the Philippines
Apr 15, 2020 at 14:40
News
COVID-19 is Accelerating “Rebittance” in the Philippines
The Philippines presents a very unique case in the world not only for its high internet user figures (over 80%) but in the cryptocurrency technology as well. In the middle of the COVID-19 global pandemic that has prompted most traditional banks around the world to close or work for only a few hours a day, the Philippines seems to get away with this inconvenience.
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