Three Thai siblings accused of swindling $24 million worth of Bitcoin from a Finnish investor have recently pleaded “not guilty” in a Bangkok court. Three Thai citizens who are currently being prosecuted for allegedly swindling $24 million worth of Bitcoin (BTC) have pleaded “not guilty” in the Criminal Court of Bangkok, major Thai newspaper Bangkok […]
Continue Reading
Morgan Stanley’s report shows Bitcoin’s appeal to institutional investors as the market evolves. On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison […]
Continue Reading
Revenue Department of Thailand to use blockchain and machine learning to tackle tax avoidance and fraud. The Thai Revenue Department has revealed its plans to track tax payments using blockchain and maсhine learning, local news outlet Bangkok Post reported Nov. 5. Ekniti Nitithanprapas, the Revenue Department’s director-general, told reporters that blockchain will be used to […]
Continue Reading
A U.S. household cleaning supplies manufacturer will open several recycling centers in Indonesia, granting tokens to citizens for plastic waste collection. U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, […]
Continue Reading
Trading crypto is a lot like poker. Some people aren’t serious about it, and they participate for fun, or the thrill of gambling to win big. Others have real skills, based on statistics and analytics, and they use data to make decisions on whether to go all-in, hold, or fold. Alex Copenhagen (aka Alex Amarre) […]
Continue Reading
The Thai Securities and Exchange Commission has warned the public about investing in nine unapproved digital tokens and ICOs. The Thai Securities and Exchange Commission (SEC) has issued a warning about investing in nine digital tokens and Initial Coin Offerings (ICOs), which have not been accredited by the regulator, news outlet Bangkok Post reported Oct. […]
Continue Reading
Consultancy giant Accenture says existing blockchain platform integration presented “key challenges,” which it seeks to solve with its interoperability tool. Global management consultancy firm Accenture revealed a new blockchain tool in a press release Oct. 22, its second in a month focusing on interoperability. A week after announcing a supply chain partnership with Thailand’s Siam […]
Continue Reading
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 […]
Continue Reading
Accenture and a fintech subsidiary of Siam Commercial Bank have released a blockchain solution powered by R3’s Corda technology. Global management consultancy firm Accenture announced it had partnered with a subsidiary of Thailand’s oldest bank on a new blockchain tool aimed at supply chains in a press release Wednesday, Oct. 17. In the latest implementation […]
Continue Reading
U.K.-based bank Natwest will integrate a new blockchain platform underpinned by R3 Corda technology for use in the syndicated loans market. U.K.-based bank Natwest will integrate a new blockchain platform based on R3 Corda technology for use in the syndicated loans market, financial news platform Mondovisione reports today, October 18. The new platform, dubbed “Fusion […]
Continue Reading