State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan. A group of state-run commercial banks in China are reportedly conducting a large-scale internal testing of a digital wallet designed for China’s national digital currency, the digital yuan. According to an Aug. 5 report by Reuters, the banks are […]
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Investors are in no mood to sell as the number of Bitcoins held in exchange wallets “falls off a cliff” this week. Bitcoin (BTC) exchanges lost 100,000 BTC during the weekend’s price crash, data shows — and that’s a bullish sign. Figures from on-chain monitoring resource CryptoQuant on Aug. 5 tracking exchange balances show a […]
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Forsage members are courting a high risk with the Philippines’ securities regulator. A full month after the Philippines’ Securities and Exchange Commission flagged Forsage as a likely Ponzi, it remains the second-most popular Ethereum DApp on internet rankings. As of Aug. 6, Forsage has 390,000 users and a turnover of $3.11 million per 24 hours […]
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One of the main operators of the now-shuttered streaming site movie2k.to has forfeited over $30 million worth of crypto to German police. After a lengthy joint investigation with the American FBI, German police have seized over 25 millions euros worth of cryptocurrency associated with the illegal movie streaming site movie2k.to. Shuttered in spring 2013 due […]
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Aerospace giant Honeywell will use a blockchain system to streamline the documentation of aircraft parts and services. Honeywell International Inc has created a blockchain-based system to solve the complex documentation and data storage processes of the aerospace industry. The company announced that its blockchain subsidiary GoDirect Trade will integrate the aircraft record generation process into […]
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The marketplace for Dapper Labs’ NBA Top Shop game has gone live, allowing beta users to trade collectible NFTs with their peers. Dapper Labs, the team behind CryptoKitties, has launched a peer-to-peer (P2P) marketplace allowing beta players of its NBA Top Shot game to trade their non-fungible token (NFT) collectibles. The launch of Top Shot’s […]
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YouTube took down Jon Prosser’s channel with 262K subscribers after hackers used it to promote a free Bitcoin giveaway scam. Scammers have conned more YouTube viewers into sending them Bitcoin after hacking several more large verified accounts and posting ‘free giveaway’ videos. According to an Aug. 5 tweet posted by Jon Prosser, his Front Page […]
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Bitcoin price is gearing up for a second attempt at $12,000 and altcoins continue to rally higher. Bitcoin (BTC) price perked up on August 5, rallying from $11,090 to $11,784 before briefly retracing to the $11,650 area as the daily close approached. Currently the price trades near the $11,500 support after bulls were unable to […]
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Ethereum Classic has suffered its second 51% attack in a week after 4,000 blocks were reorganized earlier today. Ethereum Classic (ETC) has suffered a second 51% attack in less than one week, bringing the ongoing security of the network into question. On August 6, Etherchain.org tweeted that its affiliated mining pool Ethermine had disabled ETC […]
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ShareRing has launched an anonymous e-passport app with contact tracing in an effort to revive the $9 trillion global tourism industry. Enterprise-focused blockchain company ShareRing has launched a blockchain based contact tracing solution it will offer to 2.6 million hotel and activity providers that currently use one of the company’s services. The anonymous e-passport app […]
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