Blockchain can contribute to trade cost savings by replacing the paper-heavy custom processes that slow down trade. In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their […]
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The NBA notified Brooklyn Nets’ player Spencer Dinwiddie that he cannot tokenize his $34 million contract. The National Basketball Association (NBA) notified Brooklyn Nets’ player Spencer Dinwiddie that he cannot tokenize his $34.4 million contract. As The New York Times reported on Sept. 27, the NBA pointed out that Dinwiddie’s initiative goes against the collective […]
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Technical analysts anticipate Bitcoin’s price to recover in the short term in a relief rally following a minor rebound to $8,200. Subsequent to the recovery of the Bitcoin price (BTC) movement from $7,700 to around $8,200 in the past 24 hours, technical analysts anticipate Bitcoin and other major crypto assets to recover in the short […]
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An employee at a nuclear research center was fined $7000 for illegally mining Bitcoin on a supercomputer. An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC). Convicted to pay $7,000 fine According to a Sept. 27 article by Russian news outlet Meduza, […]
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Decentralized internet protocol Tachyon Network releases its white paper, which reveals details on how the protocol is set to reconstruct the current TCP/IP model. Tachyon network, a decentralized internet protocol has officially launched its white paper which discloses details on the project background and Tachyon ecosystem. Reconstruct the TCP/IP model In a press release shared […]
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Internet infrastructure firm Juniper Networks finds new spyware that uses Telegram app to replace crypto addresses with its own. Amerian Internet infrastructure firm Juniper Networks has found a new spyware that uses Telegram app to replace crypto addresses with its own. Masad Clipper and Stealer Juniper Threat Labs, a threat intelligence portal at Juniper Networks […]
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Facebook’s chief operating officer Sheryl Sandberg is in talks to testify before the United States House about its Libra stablecoin and global market power. Facebook’s chief operating officer Sheryl Sandberg is in talks with the House Financial Services Committee to testify on Libra, Facebook’s stablecoin. Discussions on market power and Libra According to a Bloomberg […]
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Binance claims to have assisted British police in investigating an online fraud exposed to 500,000 potential victims. Binance claims to have assisted British prosecutors in an investigation of an online fraud that resulted in over $51 million losses by victims. Criminal is now jailed On Sept. 26, Binance’s chief compliance officer Samuel Lim published a […]
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China Securities Index’s Fintech Theme Index has soared over 50% in 2019, outperforming the broader market in anticipation of central bank coin. China Securities Index Co. (CSI) Fintech Theme Index has risen over 50% in 2019, outperforming the broader market. Some stocks skyrocketing 200% According to a Reuters report on Sept. 26, stocks of China’s […]
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The first federally regulated platform for trading Bitcoin futures is off to a slow start, but predicted to pick up steam over time. After more than a year spent ensuring full compliance with the United States authorities, Bakkt, the first federally regulated platform for Bitcoin (BTC) futures trading, launched on September 23. Conceived by the global […]
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