Mark Karpeles. Source: a video screenshot, Youtube, CANAL+ The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles, has made a move in an attempt to shut down the class action lawsuit against him filed by ex-Mt. Gox customer, Gregory Greene. Greene filed the original complaint against Karpeles in Illinois in 2014, claiming that…
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Oman’s largest port joins IBM and Maersk blockchain-based TradeLens platform to enhance customer experience and improve trade flows. On Jan. 8 the Times of Oman reported that the Port of Salalah joined TradeLens, the blockchain-based supply chain platform launched in 2018 by shipping giant Maersk and IBM. An IBM spokesperson told Cointelegraph the addition of…
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The U.S. SEC charges Donald Blakstad for using a fake crypto mining business and two other companies to fraudulently gain $3.5 million. Recent charges from the U.S. Securities and Exchange Commission (SEC) tied three parties to $3.5 million in fraudulent activities. The SEC has pressed charges of fraud against Donald Blakstad, crypto mining outfit Energy…
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KPMG lead predicts blockchain and IoT will enable effective climate management in 2020, a topic to be discussed during Davos. Accounting giant KPMG’s US blockchain lead, Arun Ghosh, predicts that blockchain, combined with the Internet of Things (IoT) will be used to manage climate change in 2020. IoT is a term for systems of interrelated…
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Internet of Things software developer It’s Here announced the launch of a blockchain-enabled lock that purportedly prevents porch pirating. Internet of Things (IoT) software developer It’s Here announced the launch of a blockchain-enabled lock that purportedly prevents porch pirating. According to a press release shared with Cointelegraph on Jan. 7, the solution — dubbed IoTLock…
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Swiss crypto financial services provider Bitcoin Suisse is planning to acquire a banking license in 2020 as part of its plans to build momentum for an initial public offering (IPO). The Zug-based company put in its license application in July last year, and is hoping to be given the regulatory green light in 2020 as…
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Source: iStock/isa_ozdere After jumping by 27% in a week, Monero (XMR), the most popular privacy coin, has broken into the list of the 10 largest coins. The 10th largest coin with a market capitalization of more than USD 1 billion has now surpassed networks such as Cardano (ADA), Tron (TRX), Tezos (XTZ), and Stellar (XLM).…
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The crypto community should be ready for the inevitability of quantum computing: It’s not as distant a future as it might seem. The topic of quantum computing has been steadily gaining interest within the cryptosphere, particularly so over the past 12 months. Given the heightened curiosity and concern, it is worth resolving some open questions…
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As the 20th coin by total market capitalization, Ethereum Classic (ETC), is set to go through another upgrade, Agharta, in three days, its price is up by more than 30% in the past month, which is 4 times more than in a month leading to its previous upgrade, Atlantis, on September 12, 2019. In comparison,…
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Tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin mining machines at its facilities in British Columbia, Canada. Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia. Per a Jan. 6 press release, DMG has purchased the new miners from…
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