Crypto Exchange Service Helps Bithumb Recover 1 Million XRP After Massive June Hack

Prague-based crypto exchange Changelly announced that it helped South Korean exchange Bithumb recover over 1 million XRP following a massive hack in June. Prague-based crypto exchange service Changelly has announced that it helped South Korean exchange platform Bithumb recover 1,063,500 Ripple (XRP) in stolen assets following a massive hack in June, a press-release stated, Oct. […]

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Vietnam’s Largest Telecoms Company Enters Blockchain Sphere, Aims to Be Industry Leader

The innovation wing of Vietnam’s largest telecoms operator Viettel aims to become the country’s leading blockchain provider in the next five years. The Viettel Enterprise Solutions Corporation has set a goal to become Vietnam’s leading blockchain technology provider in five years, local news outlet Viet Nam News reported Oct. 25. The Viettel Enterprise Solutions Corporation […]

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South Korean Financial Regulator Says Crypto Funds Violate Capital Markets Act

South Korea’s financial watchdog has warned investors that local crypto funds are violating the national Capital Markets Act. South Korea’s Financial Services Commission (FSC) has issued a statement to warn investors to be cautious while investing in cryptocurrency funds, according to documents published on the official FSC website on Oct. 24. According to the FSC, […]

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Taiwan Will Issue Draft ICO Rules By June 2019, Regulator Says

Taiwan’s financial regulator plans to outline official regulations for ICOs next year, reversing a hands-off policy adopted in 2017. Taiwan plans to release draft Initial Coin Offering (ICO) regulation by June 2019, local English-language daily news outlet Taipei Times reported Tuesday, Oct. 23. The publication quoted plans from Wellington Koo, chairman of Taiwanese finance regulator […]

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Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others

The value of blockchain technology in leading markets has grown rapidly over the past 12 months. Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing. With billions of dollars being invested […]

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Visa Set to Launch Blockchain-Based Digital Identity System with IBM in Q1 2019

Visa is preparing its Hyperledger Fabric-based digital identity system for cross-border payments for launch in the first quarter of 2019. Visa is readying its blockchain-based digital identity system for cross-border payments for launch in the first quarter of 2019, according to a press release published October 21. The system, dubbed Visa B2B Connect, will provide […]

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Important Aspects of Stablecoins: The Difference Between Pegging, Collateralization, and Redeemability

We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we usually pay attention to the backing connection, in other words, to the coin’s  stabilizing mechanism. […]

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