Cashless-Bound: Japan’s Transport, e-Commerce Partnership on the Fast Track

Partnership between Japan’s transport and e-commerce giant revs up Tokyo’s efforts to go cashless. The Japanese transportation industry is leading the country’s long-standing efforts to go cashless. Earlier this month, two major players from the archipelago’s e-commerce and transport industries partnered up to simplify and promote payments that do not require hard cash. Homegrown e-commerce […]

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Dubai Real Estate Department Signs MoU With Telecoms Firm to Implement Blockchain

The agreement, which relates to real estate blockchain technology, aims to make Dubai “the smartest city in the world.” The Dubai Land Department (DLD) and telecoms firm Etisalat have signed a memorandum of understanding concerning real estate blockchain technology, United Arab Emirates-based outlet Gulf Today reported on June 10. The DLD works under the Executive Council of […]

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Medici Ventures Leads Funding Round for Blockchain-Based E-Voting Platform

Medici Ventures leads $7 million funding round for a blockchain-based platform that supports remote voting. Medici Ventures, the blockchain-based subsidiary of Overstock.com, has led a $7 million funding round for a blockchain-based voting platform, according to a press release on June 6. The blockchain-based voting platform, Voatz, is reportedly designed to allow citizens to participate […]

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Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability

Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability. Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5. Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing […]

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LocalBitcoin Loses Traders After Cash Trading Ban: ‘Not Very Local’

Peer-to-peer bitcoin trading platform LocalBitcoins removes in-person cash deals — what does that mean for the future of cash trades? On June 1, Finnish peer-to-peer (p2p) bitcoin (BTC) trading platform LocalBitcoins quietly removed in-person cash trading from its service. Three days later, the company publicly confirmed the ban on Twitter. As per the accompanying statement, […]

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