Largest South Korean Telecom Company Issues Blockchain-Based Local Currency in Busan

South Korea’s second-largest city Busan announces it is launching a blockchain-based digital currency in collaboration with telecom giant KT. South Korea’s biggest telecom company, KT, just announced the launch of a local blockchain-based currency for one of the country’s largest cities, which will reportedly go live on Dec. 30.  Local news outlet dongA reported on […]

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South Korean Co-Working Space Operator SparkPlus Turns to Blockchain

Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea to help innovate the city’s sharing economy. Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea, according to a Dec. 17 report from The Investor. The partnership will aim to innovate the city’s sharing economy by means of […]

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Two Russians Charged With Illicitly Mining Crypto on State Hardware

Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. The two unnamed individuals purportedly infected the hardware with a program that mines cryptocurrency via a web browser, local media agency […]

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Chinese Courts Increasingly Use Blockchain Technology To Settle Cases

China’s smart internet courts have reportedly applied blockchain and artificial intelligence to decide on millions of legal actions. China’s smart courts are reportedly applying a variety of innovative technologies including blockchain and artificial intelligence (AI) to decide on millions of legal cases. On Dec. 5, China’s official Xinhua news agency reported that more than 3.1 […]

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Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase

Riot Blockchain announces additional 1,000 new Antminer S17-Pro mining rig purchase, bringing recent order totals to 4,000 in December. Cryptocurrency mining firm Riot Blockchain announced the purchase of an additional 1,000 next-generation Bitmain S17-Pro Antminers on  Dec.12. This completes the upgrade of its Oklahoma City mining facility, following an initial purchase of 3,000 units announced […]

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Wall St. to Washington: Bakkt Launches New Products, CEO Joins Senate

Bakkt launches first U.S.-regulated BTC options and cash-settled futures, while CEO is set to become a senator. What does it mean for crypto? Earlier this week, institutional Bitcoin (BTC) futures platform Bakkt launched two new financial products: the first United States-regulated BTC options and cash-settled futures. The announcement came just three months after the project […]

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Weibo Continues Rage at Tron and Binance: Sun and Yi He Blocked

“Chinese Twitter” has recently suspended pages of major crypto personas, Tron’s Justin Sun and Binance’s Yi He. Tron (TRX) founder Justin Sun and Binance co-founder Yi He have had their Weibo accounts suspended. China’s major microblogging website, which is often referred as “Chinese Twitter,” has purportedly deleted the accounts of the two prominent crypto personas. […]

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Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme

Ugandan police have reportedly seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. As domestic news publication Daily Monitor reported on Dec. 9, the police arrested Samson Lwanga, one […]

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