According to a report by Forkast Insights, the research arm of Asia-based Forkast, blockchain is a rapidly maturing technology in China, “far beyond the experimental stage.” Forkast Insights, the research arm of Asia-based Forkast, took an in-depth, comprehensive look at how blockchain technology is integrated in China. On Dec. 5, Forkast Insights presented its first […]
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Texas-based data center CyrusOne has reportedly fallen victim to the REvil (Sodinokibi) ransomware. Texas-based data center provider CyrusOne has reportedly fallen victim to an attack from REvil (Sodinokibi) ransomware, business tech-focused publication ZDNet reported on Dec. 5. One of the largest data centers in the United States, CyrusOne has reportedly been exposed to an attack […]
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Canada-based cryptocurrency mining company Great North Data has reportedly submitted a bankruptcy filing due to insolvency. Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency. As the Canadian Broadcasting Corporation reported on Dec. 4, Great North Data — which operated crypto mining facilities in Labrador City and Happy […]
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A further blockchain fund promises to develop the technology in Hainan’s dedicated free economic zone, which was established in 2018. Blockchain will continue to see major investment from China’s Hainan Free Trade Zone (FTZ) with new funds fostering local businesses. As local English-language news outlet Xinhua Net reported on Dec. 5, Hainan’s dedicated economic pilot […]
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The Fed chairman’s recent letter illuminates how monetary policy bigwigs view crypto and if it might greenlight a USD stablecoin. Where just a handful of years ago, the idea would have been immediately dismissed or even met with ridicule, the United States Federal Reserve is now taking the concept of an official dollar stablecoin seriously. […]
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The well-known supporter of Bitcoin reveals he will spend up to half of 2020 in Africa, as interest in Bitcoin from the continent continues to reveal itself. Bitcoin (BTC) will see its future “defined” by Africa, one of its best-known proponents has predicted after completing a tour of the continent. In a tweet on Nov. […]
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The Afghan government has signed an MoU with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. The Afghan Ministry of Public Health has signed a Memorandum of Understanding (MoU) with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. As Afghan Voice Agency reported on Nov. 27, the […]
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The Indian government is working on a national blockchain strategy in order to spur further adoption of the technology in the country. The Indian government is working on a national blockchain strategy in order to expand the technology’s adoption in the country. As the India Times reported on Nov. 27, India’s Ministry of Electronics and […]
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Stablecoins have the potential to temper the systemic threats posed by USD domination of global foreign currency reserves, analysts have argued in a new piece for the WEF. Stablecoins have the potential to temper the systemic threats posed by the United States dollar’s domination of global foreign currency reserves, according to an opinion piece published […]
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India’s biggest crypto exchange, WazirX, was bought by Binance, sending a wave of optimism in the crypto ecosystem. In April 2018, the Reserve Bank of India, the country’s central bank, initiated a major crackdown on the trade and purchase of cryptocurrencies such as Bitcoin within its borders. RBI Deputy Governor Bibhu Kanungo declared that all […]
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