Tag: Blockchain

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Harvard University Stages ‘Digital Currency Wars’ Crisis Simulation

Harvard University stages a “Digital Currency Wars” live simulation of a White House National Security Council meeting. Harvard University’s Kennedy School carried out a live simulation of a White House National Security Council meeting on Nov. 19, featuring former senior administration officials and thought leaders. The “Digital Currency Wars” event examined a potential future scenario,…
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Global Debt Reaches New Highs — Is BTC a Solution or a Beneficiary?

“We’re way past the point where the bubble should have burst. It should have happened long ago. We’re in uncharted territory now.” Global debt has surpassed $250 trillion. That’s 320% of gross domestic product, announced the Institute of International Finance on Nov. 14. Emerging market debt also hit a record $71.4 trillion, 220% of GDP.…
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Morocco Plans to Expand Access to Financial Services With Fintech

Morocco is looking to expand access to financial services through the integration of blockchain technology into its financial sector. Morocco is looking to expand access to financial services through the integration of blockchain technology in the country’s financial sector. Speaking at the Africa Blockchain Summit in Morocco’s capital of Rabat, the country’s central bank governor…
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Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report

Alibaba Group’s movie-making arm Alibaba Pictures plans to tokenize distribution rights for its new film “Striding into the Wind.” Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film “Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22. The company has purportedly signed an agreement with…
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European Investment Fund Unveils €400M Blockchain, AI Initiative

The European Investment Fund has launched a new investment scheme aimed specifically at retaining AI and blockchain technology development in the region. The European Commission and European Investment Fund (EIF) has launched a new investment scheme for artificial intelligence (AI) and blockchain in Europe, the organization announced in a Nov. 20 blog post. The announcement…
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Cypherpunk Holdings Acquires 4.5% Stake in Firm Behind Privacy-Centric Wasabi Wallet

Investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSnacks, the firm behind the privacy-focused crypto wallet Wasabi. Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi. Cypherpunk announced the news in a Nov. 21 press release, specifying that it…
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Lawyer Found Guilty of Money Laundering for OneCoin’s Cryptoqueen

Former partner at law firm Locke Lord Mark S. Scott was found guilty of helping OneCoin co-founder Ruja Ignatova launder $400 million. A Manhattan federal jury has found lawyer Mark S. Scott guilty of helping OneCoin co-founder and current fugitive Ruja Ignatova launder $400 million. On Nov. 21, Law360 reported that the Manhattan jury of…
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Green Policy and Crypto Energy Consumption in the EU

Solarization dominating green energy efforts in the EU. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal…
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Trading App for Kraken Futures Is Now Available on iOS and Android

Cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. San Francisco-based cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. New opportunities for futures trading On Nov. 21, Kraken announced on its blog that it is launching a mobile app…
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Few Big Exchanges Continue to Report Fake Volumes in 2019: Chainalysis

Large crypto exchanges appear to have slowed misreporting of their trading volumes in 2019, according to a new Chainalysis report. Large crypto exchanges appear to have stopped misreporting their trading volumes in 2019, a new study by Chainalysis says. According to the New York-based blockchain analytics firm, there are still some crypto exchanges including Bitforex…
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