Travelport and IBM Work on Blockchain Platform for Hotel Commissions

Travelport, IBM and travel management firm BCD Travel are jointly developing a blockchain platform for hotel commission reconciliation. Artificial intelligence-enabled travel platform Travelport, IBM and travel management company BCD Travel are jointly developing a blockchain platform to streamline hotel commission reconciliation. Per a press release on Aug. 20, the companies are collaboratively working on the […]

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Ukraine: Crypto Miners Arrested for Compromising Nuclear Plant Security

Ukrainian nuclear power plant officials have been arrested for compromising security with a crypto mining setup at the facility. The Security Service of Ukraine (SBU) has arrested power plant operators for mining cryptocurrency in the Yuzhoukrainsk nuclear power plant facility.  English-language Ukrainian news site UNIAN reported the details of the arrest on Aug. 21. According […]

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US Treasury Sanctions Bitcoin, Litecoin Addresses Under Kingpin Act

The U.S. Department of Treasury has sanctioned three alleged narcotics operators and their crypto addresses. The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, or the Kingpin Act. These addresses, and the individuals associated with them, have been […]

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Taipei-Based Crypto Firm Maicoin Seeks Membership in Libra Association

Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association. Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association. As local English language media outlet Taipei Times reported on Aug. […]

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Cryptopia Liquidator Determining Pooled Wallet Crypto Ownership

The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds. Professional services firm Grant Thornton claims that it is progressing in securing and preserving the cryptocurrencies of hacked cryptocurrency exchange Cryptopia. In a press release published on Aug. 21, Cryptopia’s liquidator claims to “have made good progress towards […]

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