Tag: bitcoin

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Is Samsung About To Partner With This Crypto Startup?

We can’t officially confirm it, but a credible source suggests yes. It’s funny what business leaders can and can’t tell the press. Cointelegraph caught up with Alexander Drummond, co-founder of crypto-enabled payments company GatePay, at the 50th edition of the World Economic Forum in Davos, Switzerland this week. Drummond was one of several crypto entrepreneurs…
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The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances

There is a lot of work ahead on all levels — from regulators and users to businesses and customers — but the process has been initiated: Stablecoins is our inevitable future. Stablecoins may represent crypto’s best chance of achieving mainstream success and recognition from the traditional financial systems. Just recently, the president of the European…
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How Blockchain Could Prevent Future Data Breaches

Just before the new year, approximately 15 million Canadians — about 40 per cent of the entire population of Canada — learned that their sensitive personal data, collected by one of Canada’s major lab diagnostic and testing services, had been breached. The data included name, address, email, login, passwords, date of birth, health card number…
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Uzbekistan to Throw its Doors Open to Tax-free Cryptocurrency Trading

Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country. As previously reported, the government has been keen to implement the new measures – as well as new mining regulations – since the…
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As Australia Burns, Cointelegraph and Oxygen Seven Raise Relief Funds

As megablazes ravage Australia, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort. As megablazes ravage Australia, destroying vast amounts of land and wildlife, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort to benefit recovery efforts in the country. Fighting fire with fundraising The announcement between Cointelegraph and Oxygen Seven…
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India Central Bank Says It Hasn’t Banned Crypto

India’s central bank, RBI, says it banned regulated crypto offerings, not overall cryptocurrency usage in the country. The Reserve Bank of India (RBI) said regulated entities cannot offer crypto assets in the country, but that does not equate to an overall digital asset ban. In a Jan. 21 article, The Economic Times of India cited…
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South Korean Army to Use Blockchain-powered ID Solution + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Cryptocurrency news A South Korean blockchain authentication solution developed by a private company will be adopted by the nation’s military, reports Newsis. A RaonSecure-created decentralized ID  Read more »Pay, Trade, Buy…
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Crypto Derivatives Market Might be ‘Double the Size’ of Spot Market in 2020

Should interest in spot trading wanes, this year will see crypto derivatives rising, with futures and options contracts taking a larger market share, estimates TokenInsight, a token data and rating agency. Also, competition for institutional clients might force exchanges to lower fees, they added. In 2019, the volume of OKEx futures was 2.24 times the…
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Telegram CEO: Apple’s iCloud Is “Now Officially a Surveillance Tool”

Pavel Durov, founder and CEO of cloud-based messenger Telegram, says that Apple’s cloud service iCloud is “now officially a surveillance tool.” Pavel Durov, founder and CEO of major encrypted messenger Telegram, argues that Apple’s cloud service iCloud is “now officially a surveillance tool.” Citing a Jan. 21 Reuters report, Durov claimed that applications like WhatsApp…
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Davos Experts Say Regulation Is the Key to Unlocking Tokenization

Blockchain industry participants in Davos believe that digital tokens could transform the world of business and art – providing the capacity to “break down an Andy Warhol painting into a million different tokens.” The industry professionals were speaking at a session entitled “From Token Assets to a Token Economy,” held at the annual World Economic…
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