Blockchain technology can aid in defragmenting many countries’ procurement structures, a new report concludes. Experts with ties to the World Bank Group presented options for using blockchain in e-government procurement (e-GP) in a report released Wednesday, Oct. 17. The World Bank Group includes organizations commonly known together as the World Bank. e-GP, which refers to […]
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India is getting a dedicated group for exploring blockchain expansion courtesy of the Internet and Mobile Association of India. The Internet and Mobile Association of India (IAMAI) is forming a dedicated focus group for blockchain exploration made up of both big business and cryptocurrency players, Indian daily newspaper Economic Times reported Monday, Oct. 15. Confirmed […]
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Flywire, a company that solves payment problems for businesses and institutions, announced Tuesday (Oct. 16) that it has launched a simpler way for students in India to pay tuition fees to global universities. In a press release, Flywire said that by leveraging the framework created by the Reserve Bank of India, Flywire – along with Deutsche […]
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An interview with Mr. Roubini about “buggy” smart contracts, Ethereum being a scam, why he might want to give the industry another try The interview has been edited and condensed. Nouriel Roubini is a New York-based economist that famously predicted the 2008 financial crisis when only a few considered there might be a threat to […]
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Researchers have identified Monero cryptojacking malware that conceals itself behind an Adobe Flash update. Researchers have identified cryptojacking malware that conceals itself behind a fake Adobe Flash update. The finding has been revealed in a cyber threat report published by Unit 42 research group on Oct. 11. Cryptojacking is the practice of using a computer’s […]
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The panel that was set up by India’s Ministry of Finance in 2017 will reportedly evaluate the possibility of issuing a state-backed cryptocurrency. Indian government is “evaluating” the possibility of issuing a state-backed cryptocurrency, sources have told local news outlet Quartz India on Wednesday, Oct. 10. An unnamed “senior official” has told Quartz that the […]
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sponsored A blockchain-based platform backed by Jason Derulo, Manny Pacquiao, and Michael Owen aims to allow fans to engage with celebrities in new ways. A platform enabling celebrities to “cryptonize” their popularity on an exchange powered by blockchain, while giving fans the opportunity to connect and engage with their idols in new ways, has attracted […]
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Losses caused by crypto exchange hacks hit $927 million in the first nine months of 2018, already 250 percent higher than throughout all of 2017. Losses caused by cryptocurrency exchange hacks hit $927 million in the first nine months of 2018, already 250 percent higher than throughout all of 2017, Reuters India reports October 10. […]
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Iranian cyber researchers have delivered statistics about Coinhive malware infections worldwide, with Iran ranking fourth place. The highest number of recorded incidents of Coinhive cryptojacking software have taken place in Brazil, Iran’s country’s cybersecurity authority revealed in a report Monday, October 8. According to the Iranian authority’s report on malware in 2017, Brazil, the country […]
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Ravi Menon has said he “would not blame” banks for not serving crypto clients, but an “understanding” could be reached. The head of Singapore’s financial regulator and de facto central bank said he wants to “bring together” banks and crypto businesses after complaints about banking support, Bloomberg reports Wednesday, Oct. 10. Speaking in an interview, […]
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