The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform. This platform is set to become a nationwide system for exchanging verified customer data. Dubai’s Department of Economic Development, or DED, and state-run bank Emirates NBD are rolling out their so-called UAE KYC Blockchain Platform. 120 local firms already signed up […]
Continue Reading
Trezor appears to take a shot at the competition following Ledger’s recent data breach. Following Ledger’s confirmed data breach on June 17, competing hardware wallet manufacturer Trezor cheekily made their followers aware that they frequently purge their systems of all customer order data, including email addresses — apparently every 90 days. Ledger too published a […]
Continue Reading
Bitcoin and most altcoins could consolidate for a couple of days before resuming their uptrend. Bitcoin (BTC) trading volumes in spot and derivatives markets have been surging since the digital asset rallied above the $10,000 level earlier this week. Bakkt reported record Bitcoin futures volume on July 28 and 29, which indicates that the traders who […]
Continue Reading
A government building in Hokkaido received a bomb threat from a group of crypto terrorists. Crypto terrorists threatened to bomb a government office on the Japanese island of Hokkaido. They told authorities that they would only disable the alleged explosive device if their crypto ransom was paid. According to FNN, the terrorists sent the Numata […]
Continue Reading
Acting Comptroller of the Currency Brian Brooks points to existing stablecoin projects as an example for U.S. payments infrastructure. Brian Brooks, the Acting Comptroller of the Currency and former head of Coinbase’s legal department, put forward blockchain as better than the United States’ current bank-dependent payments system. Decentralization for future payments On July 29, Brooks […]
Continue Reading
The company behind Zcash has begun an endeavor to educate less privileged regions on the benefits of cryptocurrencies. The Electric Coin Company, or ECC, the outfit behind the privacy-focused Zcash cryptocurrency, has initiated the Crypto in Context Program. The effort touts itself as a crypto education, assistive and collaborative movement, looking to impact regions where […]
Continue Reading
The company behind Zcash has begun an endeavor to educate less privileged regions on the benefits of cryptocurrencies. The Electric Coin Company, or ECC, the outfit behind the privacy-focused Zcash cryptocurrency, has initiated the Crypto in Context Program. The effort touts itself as a crypto education, assistive and collaborative movement, looking to impact regions where […]
Continue Reading
Tech giants face hearing before Congress that will ask whether they violate antitrust and monopoly laws in the U.S. Facing rising accusations of running monopolies, the CEOs of four of the world’s biggest tech firms are testifying before the Judiciary Committee’s Antitrust Subcommittee today, July 29. The hearing was originally scheduled for July 27 and […]
Continue Reading
Suzhou City, one of major cities that successfully piloted China’s central bank digital currency, signed a MoU with the Cypherium blockchain platform. Cypherium, the enterprise-level blockchain platform, is going to contribute to the blockchain development of a major Chinese city. A partner of global tech giants like Microsoft and Google, Cypherium has signed a Memorandum […]
Continue Reading
One metric suggests that heading into its fifth anniversary, Ethereum has had a much faster rate of growth and adoption than Bitcoin. One key metric suggests that Ethereum (ETH) has enjoyed a much faster rate of adoption and growth in the first five years of existence than Bitcoin (BTC). Comparing the total number of addresses […]
Continue Reading