Tag: Blockchain

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Book Review – Growing With Blockchain

Growing With Blockchain is a book for business decision makers who want to discover more about the possibilities of blockchain technology. Growing With Blockchain: From Disruptive Potential to Operational Reality, as its title suggests, is about blockchain. Specifically, it is about turning the disruptive potential of blockchain into an operational reality, in order to help…
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Not Like Before: Digital Currencies Debut Amid COVID-19

The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services. Famed currency speculator George Soros, who in 1992 broke the Bank of England to emerge a billionaire overnight by forcing the pound out of the European Exchange Rate Mechanism, believes: “We will not go back to where we…
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BitFlyer Holds First Virtual Shareholders Meeting With Blockchain Voting App

BitFlyer Holdings held a general shareholders meeting by using a blockchain voting app which went “without any troubles.” BitFlyer Holdings, which runs one of Japan’s largest cryptocurrency exchanges, held its general shareholders meeting Friday and, for the first time, used a blockchain voting app. In the “new normal” where social distancing is required, blockchain technology…
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US Blockchain Firm Buys 17K Bitcoin Mining Rigs From Bitmain

Core Scientific signs deal to buy Bitcoin mining machines from mining hardware producer Bitmain, company says, as American mining interest goes up. American blockchain hosting provider Core Scientific signed a deal to buy next-generation Bitcoin (BTC) mining machines from major Chinese mining hardware producer Bitmain. Core Scientific will purchase more than 17,000 S19 Antminers from…
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How Global Stablecoins Can Promote Financial Stability in the World

Global stablecoins could provide market participants with a cost-efficient means to rebalance their capital across global markets. In the past year, three major financial oversight bodies have voiced concerns about threats to financial stability purported to be posed by stablecoins. While acknowledging the potential for enhanced payments efficiency, reports from the Bank for International Settlements,…
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Bubbling Over the Top? DeFi Sector Heats Up in June, Raising Concerns

The DeFi sector is seeing rapid growth in use and volume. Some appear concerned about a bursting bubble, but could it be natural growth? Decentralized finance is all about cutting out traditional financial intermediaries such as banks. Through the use of blockchain technology, DeFi platforms allow individuals to generate money against their own assets, becoming…
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Indian Banks Act Slow to Accept Crypto Industry Despite RBI’s Approval

Indian banks are reluctant to work with crypto firms, even though RBI clears the air. The repeal of a blanket ban on cryptocurrencies in March by India’s central bank, the Reserve Bank of India, has been a boon to the thriving crypto industry in India — with the launch of new exchanges being a catalyst. …
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Hyundai Adds Another Piece to Their Growing Blockchain Ecosystem

Hyundai embraces the blockchain and crypto industry with three trademark registrations. Hyundai is reportedly looking to launch a blockchain ecosystem through its Europe-based subsidiary, Hdac, and IT arm, Hyundai BS&C, after registering three business trademarks with the Korea Intellectual Property Office. According to Chosun, a local media outlet, Hyundai BS&C’s CEO Chung Dae-sun applied to…
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Even Putin Couldn’t Save This Dark Web Mastermind From Prison

Even Vladimir Putin was not able to save this Dark Web mastermind who ran an elite invite-only cybercrime club. A Russian hacker was sentenced to nine years in prison by a U.S. court on June 26. The hacker, Aleksei Burkov, was previously considered to be of personal interest by Russian President, Vladimir Putin. Exclusive cybercrime…
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Singapore Witnessed a Surge in Ransomware Attacks During 2019

The Singaporean government revealed that ransomware attacks surged in 2019 by accounting 35 cases. A report from the Cyber ​​Security Agency of Singapore, or CSA, shows that the number of ransomware attacks cases rose in 2019, compared to figures recorded in 2018. According to a “Cyber ​​Landscape 2019” study published by the Singaporean government, the…
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