The head of Venezuela’s state oil company reveals that the country will present Petro at the next OPEC meeting, offering the coin as a unit of account. Venezuela will present its state-backed cryptocurrency Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, the […]
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Four “young” hackers have been arrested in South Korea in a major cryptojacking case involving over 6,000 computers. Four “young” hackers have been arrested in a cryptojacking case involving over 6,000 computers in what is allegedly South Korea’s “first” known case of its kind, Korean English-language news outlet Aju Daily reports Nov. 8. Cryptojacking is […]
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IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology. IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology, according to a press release shared with Cointelegraph Nov. 8. The project will reportedly use IBM’s Blockchain […]
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Jack Dorsey’s payment network Square continues expanding its Bitcoin popularity since it was introduced in February. U.S. financial services company Square revealed it generated $43 million in Bitcoin (BTC) revenue for Q3 2018 in its most recent shareholder letter Nov. 8. Presenting a digest of its total earnings and financial activities, Square, which introduced Bitcoin […]
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Japan’s Shinsei Bank has signed a MOU with blockchain startup ConsenSys to widen its exploration of the technology’s applications. Japan’s Shinsei Bank has signed a Memorandum of Understanding (MoU) with blockchain startup ConsenSys to widen its exploration of the technology’s applications for finance, Cointelegraph Japan reports Nov. 8. According to an English-language press release published […]
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The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble. The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble in a digital […]
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sponsored A blockchain-based startup says it is near impossible for small food businesses to survive, and is offering a platform to drive down costs and boost customer loyalty. Food’s a necessity for all of us – and as a result, you’d think that the restaurant industry would be one of the most resilient on the […]
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A cybersecurity subsidiary of Japan’s Nomura Research Institute’s (NRI) “Blockchain Security Monitoring Service” will at first focus on smart contract vulnerabilities. A cybersecurity subsidiary of Japan’s Nomura Research Institute (NRI) unveiled a new blockchain security alert tool in a press release Nov. 8, also confirming a partnership with U.S. blockchain software company ConsenSys. With the […]
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South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies. South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies, Reuters UK reports Nov. 8. The Korean Bar Association, membership of which is required of […]
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Law firm Perkins Coie has hired Kari Larsen after identifying her “understanding of the impact that blockchain and crypto will have” on the legal sector. U.S. international law firm Perkins Coie (PC) announced it had hired a former counsel for the country’s commodities regulator to work in its blockchain practice in a press release Nov. […]
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