A California judge has ruled startup ICOBox must pay $16 million after the firm failed to acknowledge initial legal action from the SEC. The U.S. Securities and Exchange Commission, or SEC, has ordered that ICO broker ICOBox must pay $16 million after the startup failed to act on previous legal action from the commission. U.S.…
Read more
Multinational telecommunications company Vodafone is exploring blockchain capabilities to improve its supply chain. Multinational telecommunications company Vodafone is exploring blockchain’s capabilities to improve its supply chain. By integrating blockchain into its internal processes, Vodafone aims to advance its supply chain by promoting and verifying a number of suppliers through a digital identity platform dubbed Trust…
Read more
Cointelegraph spoke to the newly appointed executive director of the European Commission’s international DLT association regarding his new role and the blockchain landscape in Europe. The International Association for Trusted Blockchain Applications (INATBA), a distributed ledger technology initiative established by the European Commission (EC) last year, has appointed former Bitfury Group global ambassador Marc Taverner…
Read more
Blockchain tech as the privacy keeper: How the distribution of metadata will help you to maintain privacy. It has been nearly seven years since Edward Snowden blew the whistle on highly classified global surveillance programs, inciting a national conversation about privacy in the digital age. One of these revelations was that the NSA had access…
Read more
Spanish fintech CEO says blockchain will surely help the environmental initiatives across the globe. Corporates that advocate for Environmental, Social and Governance (ESG) responsibility initiatives should adopt blockchain technology, the CEO of Spanish blockchain software firm Finboot said on March 5th in a blog post. According to Finboot CEO and co-founder Juan Miguel Perez, to…
Read more
American telecoms giant Verizon Wireless incorporates new blockchain-backed security features. Verizon Business has announced the inclusion of new security services, including two new administration and identity access systems using blockchain-based technology. These are Verizon Identity (VID) and Verizon Machine State Integrity, which are modeled within a Blockchain environment, according to the US technology firm on…
Read more
New York-based white label exchange provider AlphaPoint has successfully raised a further $5.6 million to help scale its exchange technology. New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology. AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries,…
Read more
Real estate marketplace Red Swan has partnered with security token firm Polymath to tokenize $2.2 billion in assets including apartments and a hemp farm. Texas-based Commercial Real Estate (CRE) marketplace Red Swan has tokenized $2.2 billion worth of real estate assets in partnership with security tokenization firm Polymath. Red Swan said it has 30,000 accredited…
Read more
The recent incidents with Steem show a critical vulnerability in proof-of-stake algorithms that might affect all cryptocurrencies and exchanges. The Steem blockchain reportedly experienced a troubling episode recently, whereby the blockchain’s entire governance system was disturbed. Tron founder Justin Sun, new owner of the Steemit social network based on the Steem token, appears to have…
Read more
The London Blockchain Summit soldiered on this week, despite many speakers in isolation or subject to travel bans due to coronavirus. Day One, March 5 The world has a fever. A fever for blockchain. But that’s not the only infectious substance in the room. The spectre of the spiralling Coronavirus crisis looms large over today’s…
Read more
