Singapore Launches Pilot of TradeTrust Blockchain Shipping Initiative

The progression follows a Memorandum of Understanding between government and industry players in January. The Singapore government will press ahead with a pilot of its blockchain-based maritime trade platform TradeTrust through an official partnership, trade news outlet Asia Middle East Maritime Focus reported on March 7. TradeTrust, which aims to leverage blockchain to streamline complex […]

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Nouriel Roubini: ‘Cryptocurrency as a Technology Has Absolutely No Basis for Success’

Prominent economist and crypto critic Nouriel Roubini reiterated his anti-crypto stance, arguing that the tech has “no basis for success.” Economist and notorious cryptocurrency critic Nouriel Roubini has claimed that crypto “as a technology has absolutely no basis for success.” Roubini delivered his new anti-crypto arguments in an interview with the CFA Institute on March […]

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UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

A U.N. Security Council report states that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council […]

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