Decentralized social networking platform Steemit has laid off over 70 percent of its staff following the recent market crash. Social networking platform Steemit is laying off more than 70 percent of its staff due to the cryptocurrency market crash, and is beginning a structural reorganization, according to a Nov. 28 video post by Steemit CEO […]
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The Union Bank of Nigeria has “advised that cryptocurrency is not a legal tender” in the country in a reported warning against crypto transactions. The Union Bank of Nigeria has reportedly cautioned against transactions in cryptocurrencies, according to a letter allegedly sent to its users and published Nov. 26 by Nairaland, an online community targeted […]
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BlockShow Asia 2018 is kicking off in Singapore, with experts discussing various developments and challenges facing the blockchain and crypto industries. Blockshow Asia 2018, dubbed “the largest blockchain technology roadshow” by tech news website Venturebeat, started in Singapore Wednesday, Nov. 28. Blockshow Asia, powered by Cointelegraph, is returning to Singapore for the second time bringing […]
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Crypto research firm Messari has launched a disclosure registry for crypto assets in a bid to make the industry more transparent. Cryptocurrency data and research company Messari is launching a disclosures registry for basic cryptoasset information, according to a press release published Nov. 27. Messari is a New York-based startup, which provides insights, markets data, […]
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The Bahrain Institute of Banking and Finance is launching a course dedicated to blockchain development and implementation. The Bahrain Institute of Banking and Finance (BIBF) is launching what it claims to be the country’s first “Blockchain Academy,” according to an announcement published Nov. 26. The BIBF was established in the Kingdom of Bahrain in 1981 […]
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The presidential candidate of Nigeria’s leading opposition party promises to regulate cryptocurrency if he wins the elections in February. The presidential candidate of Nigeria’s leading opposition party has promised to support blockchain and cryptocurrency, local news outlet the DailyPost article reported Nov. 24. The Nigerian news outlet reportedly analyzed the Peoples Democratic Party (PDP) candidate […]
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The suspect in the first criminal ICO case never issued a single token. In common law systems, it is precedent that informs judicial approaches to new and previously unaddressed matters. The precedent that will likely shape the body of U.S. case law on fraudulent initial coin offerings (ICOs) is currently being forged in a federal […]
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BlockShow Asia 2018 launches pitch show for blockchain startups at Blockchain Week, taking place in Singapore. BlockShow is preparing a live-streamed business pitch competition for startups, called EXP20, which will take place on Nov. 29, 2018. The event is a new segment of their Asia Blockchain Week programme, that will be hosted in Singapore from […]
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The German Federal Ministry for Economic Affairs and Energy is considering blockchain use in combating tax evasion schemes. The German Federal Ministry for Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes by using blockchain, German business news outlet WirtschaftsWoche reported Nov. 22. Following the major European tax fraud scheme CumEx-Files, the […]
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The Crypto Kingdom: Thailand proves there’s space for crypto even in authoritarian regimes. Since May 2014, Thailand has been under the control of a military dictatorship. And given that the coup, led by the Royal Thai Armed Forces, brought internet censorship, a suspension of the Kingdom’s constitution, and a disbanding of its senate, casual observers would be […]
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