Diamonds Are Blockchain’s Best Friend: How DLT Helps Tracking Gems and Prevents Fraud

Russia’s Ministry of Education and Science introduced a blockchain platform for tracking diamonds. Last week, Russia’s Ministry of Education and Science introduced a blockchain-enabled platform for tracking diamonds. Indeed, blockchain has been bringing transparency into the diamond industry — a complex ecosystem where corruption and irresponsible mining appear to be largely present. Self-regulation in the […]

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UK Financial Watchdog: $255 Mln Lost in Crypto-Related, Other Investment Scams in 2018

The Financial Conduct Authority reported that investment scams’ losses amounted to over $255 million in 2018. The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press […]

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Cardano and Ethereum Co-Founder Charles Hoskinson Joins Predictive Analytics Firm

Predictive analytics firm Endor has onboarded Charles Hoskinson, who will deliver guidance and counsel in respect to the cryptocurrency and blockchain industries. Cardano (ADA) CEO and Ethereum (ETH) co-founder Charles Hoskinson has joined predictive analytics firm Endor. The company announced the appointment in a press release shared with Cointelegraph on Feb. 4. Established in 2014, […]

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Kraken Buys UK Exchange Crypto Facilities for at Least $100 Million

Crypto Facilities will continue operating from London under its new owner, Kraken, following a “nine-figure deal.” United States cryptocurrency exchange Kraken has acquired United Kingdom-based cryptocurrency exchange and futures provider Crypto Facilities, the company confirmed in a press release Feb. 4. Crypto Facilities, which began operating in 2015, is fully regulated by the U.K.’s Financial […]

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