Token 2049: Vitalik Buterin Says Non-Financial Blockchain Use Cases Are a ‘Harder Pitch’

Vitalik Buterin says that blockchain applications outside of finance face more difficulty gaining traction. Ethereum (ETH) co-founder Vitalik Buterin says that blockchain applications outside of finance face more difficulty gaining traction, as the primary added value they offer is decentralization. Buterin made his remarks during a speech at crypto event Token 2049 in Hong Kong […]

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Mining Giant Canaan Seals ‘Hundreds of Millions of Dollars’ in New Funding: Report

The mining giant has yet to confirm the news officially, which appeared in a Chinese finance newspaper. Chinese cryptocurrency mining manufacturer Canaan Creative has completed a multimillion-dollar funding round, local finance news outlet Securities Times reported on March 11. Canaan, which has not officially confirmed the report, is rumored to have raised an unspecified sum […]

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Bitcoin Enters Sixth Day of Stability as Analysts Predict Mixed Mood in Asian Markets

Cryptocurrencies have reassured investors over the last week, with Bitcoin dictating a calmer mood across major assets. Monday, March 11: Bitcoin (BTC) led a broadly stable start to trading in cryptocurrency markets today, with the largest cryptocurrency barely moving over the weekend. Market visualization from Coin360 Data from Coin360 and CoinMarketCap confirmed the continuing stability […]

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UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

A U.N. Security Council report states that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council […]

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Argentina: Government to Co-Invest in Local Blockchain Projects Backed by Binance

The government of Argentina signs a four-year agreement with Binance Labs, committing to invest in local blockchain startups. The government of Argentina has agreed to co-invest in blockchain projects that are backed by Binance Labs and Latin American crypto exchange LatamEx, a press release shared with Cointelegraph on Wednesday, March 6, reveals. Binance Labs, the […]

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Crypto Valley Association ‘Looking Into’ Improper Conduct by Member Platform Blue Trading

The trading platform has said it is closing permanently following a major software problem that reportedly lost funds. Swiss cryptocurrency industry organization the Crypto Valley Association (CVA) is investigating allegations of foul play by one of its members after the platform closed down last month, CVA officials confirmed in a statement on Feb. 28. According […]

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Hong Kong Entrepreneur Who ‘Made It Rain’ from High-Rise Arrested for Crypto Mining Fraud

A purported Bitcoin millionaire, allegedly involved in a publicity stunt throwing money from a high-rise in Hong Kong, is now accused of mining-related fraud. A purported Bitcoin millionaire (BTC) who was previously involved in “making it rain cash” on the streets of Hong Kong, has reportedly been arrested for mining-related fraud, the South China Morning […]

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SingularityNET Platform Launches Beta Decentralized AI Marketplace After $36 Mln ICO

Blockchain artificial intelligence platform SingularityNET has officially launched the beta version of its blockchain marketplace. Blockchain artificial intelligence (AI) platform SingularityNET has officially launched a beta version of its Ethereum-based decentralized marketplace on Thursday, Feb. 28, according to a press release obtained by Cointelegraph. Ben Goertzel, CEO and chief scientist at SingularityNET, noted in the […]

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Big Four Auditor PwC Publishes Crypto Insolvency Guide, Cautions Directors

PwC has published guidance for financially distressed or insolvent businesses in the crypto sector. Big Four audit and consultancy firm PwC Hong Kong has published guidance for financially distressed or insolvent businesses in the crypto sector. The document, released February 2019, tackles the complexities specific to the nascent industry, in particular in regard to asset […]

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