Sygnum is set to expand into its second jurisdiction after gaining approval to offer cryptocurrency banking services in Singapore. Swiss-based cryptocurrency bank Sygnum has received the go-ahead to offer banking services in Singapore. Sygnum: license is “important milestone” In a blog post on Oct. 31, Sygnum, which gained a Swiss banking license in August this […]
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Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week. Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week. In a statement posted to its official […]
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The Swiss blockchain industry seems to be recovered and even shows the employment growth in the sector, according to the main national industry body report. Recent data suggests that the Swiss blockchain industry is making impressive gains. The latest report by the country’s main industry body, Crypto Valley Venture Capital (CV VC), for example, points […]
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15,558 physical businesses worldwide accept Bitcoin for payment, up 18% from a year earlier. But in-person transactions are still uncommon. There’s no easy way to buy, send or spend cryptocurrency in person — not even for a slice of pizza or a cup of coffee, or so it’s been said. Meanwhile, the number of physical […]
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Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoin. Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoins (BTC). The city announced the hack on its official Twitter account on Oct. 25. The city wrote that it had “detected […]
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Russian nuclear scientist jailed for using a national research facility’s supercomputer to mine Bitcoin. A Russian scientist and former employee at the nation’s premier nuclear research facility was jailed on Oct. 24, for his part in a scheme to secretly mine Bitcoin using the facility’s supercomputers. Stealing energy and computing power from your employer According […]
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A blockchain-based P2P financial system could make the City of London irrelevant, says a McKinsey advisor. According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in the near future. He made the claim at a Computing.co.uk Live Event on Oct. 24. Straw added that this […]
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Overstock’s venture capital arm Medici Ventures joins $31 million funding round for California-based software company in the financial industry. Overstock’s venture capital arm Medici Ventures invests in PeerNova, a startup that develops blockchain-based solutions for financial institutions to synchronize their data across multiple systems. In an Oct. 22 press release, PeerNova reported that it had […]
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Some major issues must be resolved before blockchain voting becomes trustworthy, according to a new study. Nir Kshetri, a professor of management at the University of North Carolina, has suggested that before blockchain-based voting can be considered safe and trustworthy, some major issues must be resolved. In an article published on Oct. 18, Kshetri claims […]
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Two counties in the U.S. state of Oregon will pilot a blockchain-based voting program for select citizens in November. Two state counties in the United States are implementing blockchain-based mobile voting in the special elections in November. On Oct. 18, the nonprofit Tusk Philanthropies announced its partnership with Jackson and Umatilla Counties in Oregon to […]
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