Category: Technology

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Changes in Crypto M&As Signal More Consolidation Ahead as Industry Matures

Despite the bearish times we’ve seen in the crypto market, the industry is maturing, a PwC report suggests. The crypto industry continues to mature, even during these bearish times, according to a recent report from PwC. The Big Four accounting firm’s findings showed that although the number of merger and acquisition deals in the crypto…
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Chiliz Working on Blockchain-Based Covid-19 Immunity Passes for Football Fans

A blockchain startup partnered with major European football clubs is planning to use the controversial Covid-19 immunity passports to grant fans access to stadiums. Chiliz has announced that it has begun working on a blockchain-based solution to allow soccer fans to gradually return to the stadiums — provided that they hold a government-issued “immunity pass.”…
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Talking Digital Future: Blockchain Technology

Blockchain tech is definitely needed and has proved its place as the technology of the future. Meanwhile, there is still a lot to be done. I have a feeling that a lot of businesses still don’t understand why they need blockchain, while others may believe they need it just because they think it’s another fashionable…
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Craig Wright Accused of Plagiarizing Law Degree Dissertation

Close scrutiny of Craig Wright’s paper for his 2008 law degree reveals that he may not even have written his own dissertation. The man who claims to have written the Bitcoin (BTC) whitepaper may not have written his own law degree dissertation. That’s the picture painted by “PaintedFrog,” the pseudonymous writer of a Medium post…
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Ripple Integration Brings Instant Payments to Thailand

The partnership between Azimo and a Thai bank aims to deliver instant remittance payments with RippleNet. Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet. According to an announcement on April…
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Real Estate Security Tokens Steadily Gain Market Share

Real estate security tokens are steadily gaining popularity — comprising 14.5% of total trade in tokenized securities. The nascent real estate security token, or REST, sector experienced consistent growth in Q1 2020. Three new properties were also listed on RealT during March — doubling monthly real estate token trade. RESTs now represent nearly half of…
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Coronavirus Crisis Accelerates CBDC Race, Cash No Longer Untouchable

As the pandemic challenges the global economy and forces people to abandon cash, a CBDC might be the right tool to fix the financial system. The COVID-19 pandemic is pushing the global economy toward a major recession, but there may be a silver lining in all this for the crypto industry: The accelerated adoption of…
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Nym Blockchain Privacy Mixnet Opens for User Testing

Nym is inviting users to test its purportedly NSA-thwarting privacy mixnet in the wake of increased government surveillance to track coronavirus. Swiss blockchain startup, Nym Technologies, has invited the general public to take part in the next phase of its mixnet platform’s user testing on April 8. The privacy infrastructure promises advanced protection against mass-surveillance,…
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Texas Cloud Mining Firm Shut Down After Fake Charity Pitch

The Texas securities regulator has taken emergency action against a cloud mining firm touting unverified charitable donations. The Texas State Securities Board (TSSB) has taken emergency action against cloud mining firm Ultra BTC Mining for issuing unregistered securities.  The emergency cease-and-desist order was jointly filed against Ultra Mining by the TSSB and the Alabama Securities…
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Online Voting Not Secure Even With Blockchain, Says US Association

The Center for Scientific Evidence in Public Issues penned an open letter urging officials not to utilize blockchain for U.S. elections. With images from the Wisconsin democratic primary flooding the internet this week showing voters braving hail and cold weather in the middle of a pandemic, Americans may be looking for a better way to…
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