If crypto mining is similar to oil extraction, should nations worry about the resource curse? The former Soviet republic of Georgia, which occupies picturesque mountain valleys and rugged ridges of the Southern Caucasus, has roughly the same population as the state of Connecticut. It is renowned as the birthplace of Joseph Stalin, as well as […]
Continue ReadingThe QuadrigaCX story gets stranger as the criminal past of one founder is allegedly revealed, while IBM gets more into blockchain. Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will […]
Continue ReadingUnited States-based institutional cryptocurrency exchange Seed CX partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March […]
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A number of banks revealed plans to issue their own tokens, following JPMorgan Chase’s move. This week, a number of banks shed light on their respective crypto-related projects, following the recent expansion of JPMorgan Chase into the field. IBM was the big mover. A joint announcement by IBM and Stellar (XMR) said that as many […]
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Major U.S.-based bank Silvergate added 59 new crypto customers in the fourth quarter of 2018. Crypto-supportive Silvergate Bank has signed on a slew of new cryptocurrency customers in the fourth quarter on 2018, according to a recent filing with the United States Securities and Exchange Commission (SEC). The filing reveals that as of Dec. 31, […]
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Kakao’s fintech arm Dunamu is reportedly launching a blockchain service platform designed to help companies start businesses. Dunamu, the fintech arm of South Korea’s largest Internet corporation Kakao, is reportedly launching a blockchain service platform designed to help companies start businesses using blockchain. Korea’s JoongAng Daily reported the news on March 19. The platform, which […]
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According to a cybersecurity company, Israeli fintech companies are being targeted by malware. Israeli fintech companies that work with forex and crypto trading are being targeted by malware, according to a blog post from threat research department Unit 42 of cybersecurity company Palo Alto Networks published on March 19. Per the report, Unit 42 first […]
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QuadrigaCX’s co-founder Michael Patryn is allegedly formerly known as Omar Dhanani, who operated a credit card fraud scheme in 2002. A co-founder of controversial QuadrigaCX exchange was reportedly involved in multiple criminal activities in the past, Bloomberg reports on March 19. Michael Patryn, who co-founded Canadian crypto exchange QuadrigaCX along with Gerald Cotten in 2013, […]
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As the Fourth Industrial Revolution approaches, blockchain and AI are starting to be used by companies together, rather than separately. Human imagination and the strive to turn science fiction into science fact goes back to ancient times, but has only truly begun to manifest itself in the last 50 years. Though mostly unseen by average […]
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A South Korean hospital plans to improve the accuracy of its healthcare data by using a blockchain-based platform. A major hospital in South Korea’s capital city has announced plans to launch a blockchain-based platform aimed to improve its medical services. The news was reported by the Daily Medi, a healthcare sector-focused Korean news outlet, on […]
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