Canada’s volatile history of mainstream adoption and fraud is directly impacting the future of cryptocurrency in the country. Recently, Canada’s central bank has been leading working groups with global partners exploring a blockchain future. Their crypto presence has soared with Ernst & Young’s announcement that it is using Toronto to test its public government expenditure […]
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The immutability of blockchain technology prevents fraud and improves traditional supply chains in the fashion industry. When receiving new shirts you’d bought online, or bought some jeans from one of the fashion stores on your street, the question that may have come to mind then was, how did these items get to be in my […]
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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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Are blockchain-based voting systems really trustworthy or do we need to reevaluate the potency of this technology? At the beginning of October, a story released by CNN claimed that a student affiliated with the University of Michigan attempted to hack into West Virginia’s blockchain-based voting system called Voatz. As per the report, the FBI is […]
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Europol released its 2019 Internet Organized Crime Threat Assessment report, which shows that crypto-ransomware remains a top threat. The European Union Agency for Law Enforcement Cooperation (Europol) released its 2019 Internet Organized Crime Threat Assessment (IOCTA) report. Crypto exchanges continue to be a magnet for hackers On Oct. 9, Europol presented its IOCTA report of […]
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With the opening of Korean HQ in Seoul, Cointelegraph looks deeper into local regulatory landscape… South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest. Meanwhile, […]
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Was the impact of the “crypto winter” on the entire industry positive or negative? Take a look in an in-depth analysis. It’s hard to tell who was the first to coin — if you’ll forgive the pun — the name for the dramatic price drop of Bitcoin (BTC) and altcoins as the “crypto winter.” But […]
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As cyber security becomes prevalent in the crypto space, can major insurance companies provide users with a much-needed safety net? The growth in popularity of cryptocurrencies has, in many ways, outpaced the infrastructure built to support it. In terms of security, cryptocurrency exchanges that serve both as a marketplace and a store of the digital […]
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CryptoBridge, a gateway for decentralized exchange BitShares, announces that as of this month its users will have to undergo mandatory identity checks. BitShares Decentralized Exchange (DEX) gateway CryptoBridge announced on Oct. 1 that it has implemented mandatory user Know Your Client (KYC) verification. European regulation is responsible Per the announcement, the reason for the upcoming […]
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The United States Internal Revenue Service (IRS) commissions blockchain analysis services and can investigate crypto reports. Just a few months ago in July 2019, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The letters detailed that recipients may not have reported their transactions properly, or […]
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