Tag: Blockchain

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Major South Korean Bank Joins the Crypto Custody Business

We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action. KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of…
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Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA

A U.S. startup is setting up a blockchain energy trading pilot in Los Angeles to promote electric van sharing. Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles. The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to…
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Chinese Schools Can’t Keep Up With Demand for Blockchain

The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists. As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs. The head of the Digital Economy Development Research Center at…
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Ransomware Threatens Production of 300 Ventilators Per Day

The DoppelPaymer gang deployed a ransomware attack against ventilator manufacturer Boyce Technologies amid the COVID-19 pandemic. The FDA-approved Coronavirus ventilator manufacturer Boyce Technologies has been targeted by ransomware launched by the DoppelPaymer gang, who are  threatening to leak data from the company. Cointelegraph has viewed the DoppelPaymer blog, where the gang lists example files of…
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Much of Russia’s Blockchain Voter Data Is Now for Sale on the Dark Web

Many Russian citizens now face exploitation on the dark web after their Blockchain voting data was accidentally leaked in early July. Passport data from 1.14 million Russians is now available for sale on underground shops via the dark web. This data was stolen from citizens who voted in the country’s recent constitutional reform referendum, which…
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Travala Adds 1 Million More Holiday Homes You Can Book With Crypto

Travala.com now offers a total of 3 million accommodation options users can book with cryptocurrency. Online travel booking platform Travala.com has added one million new homes across 195 countries to its site with the release of a designated home bookings section called ‘Homes’. Holiday homes and apartments can be booked with over 30 different cryptocurrencies…
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Blockchain Salaries in China Are Exploding in Value As The Industry Expands

Chinese recruiting platforms revealed a significant rise in wages paid for blockchain-related job roles in the country. The latest figures from Chinese recruiting platforms show that blockchain-related salaries are on the rise across China. This is likely due to high demand for specialists in the sector. According to Chainnews, quoting statistics from Zhaopin, “hundreds” of…
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Digital Art Trading Platform ‘SuperRare’ Sees Volume Increase 365%

The digital art scene is becoming a hotbed of activity for non-fungible tokens. Digital art marketplace ‘SuperRare’ has surpassed $1.6 million in cumulative trade volume as buyers become more comfortable with the concept of art sold as non-fungible tokens. The marketplace started the year with $344,000 in platform sales volume, but has seen that figure…
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Coca-Cola Embraces DLT and Ethereum for Supply Chain Efficiency

The partner of Coca-Cola’s largest U.S.-based bottling company is expanding its use of blockchain to enhance efficiency across the beverage company’s supply chain. Coke One North America (CONA), a partner of the largest U.S.-based Coca-Cola bottling company, will use The Baseline Protocol to enhance transparency and reduce friction in “cross-organization supply chain transactions.” The project…
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Samson Mow’s Infinite Fleet Game Raises $3.1M on BnkToTheFuture

Exordium Limited raised more than $3M through sales of its EXO security token for Infinite Fleet from investors including Adam Back and Charlie Lee. Pixelmatic’s Infinite Fleet space adventure game raised more than $3 million within 24 hours from investors including Adam Back and Charlie Lee. According to a statement from Pixelmatic, shared with Cointelegraph,…
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