Australian government report on the future of fintech and regtech suggests blockchain technology is critical to Australia’s future The Australian government’s Senate Select Committee on Financial Technology and Regulatory Technology has released a draft report citing blockchain technology more than 50 times. The report is in response to Australia’s first recession in 30 years as…
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Centrapay, a digital payment platform that serves KFC, Adidas, BP, and Carlton Draught has secured an investment from Coca-Cola Amatil for an undisclosed amount Coca-Cola Amatil’s corporate venturing platform Amatil X has invested in digital asset and payment provider Centrepay, as part of the startup’s seed funding round. Coca-Cola Amatil, one of the largest bottlers…
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A 51% attack on Ethereum 2 would not be fatal according to Vitalik Buterin, amid concerns the yETH vault could amass enough Ether to launch an attack Ethereum co-founder Vitalik Buterin has dismissed concerns that a 51% attack on Ethereum 2.0 would be ‘fatal’. The scenario emerged as a result of the burgeoning popularity of…
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After its three-week-old ad aired during a controversial TV segment, Grayscale, a major crypto asset management firm owned by Digital Currency Group (DCG), has distanced itself from the FOX News program in question. Grayscale made their decision known via a tweet after their ad was aired on a prime-time show during which the host Tucker…
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With governments across the world pumping public spending to mitigate the economic impact of the COVID-19 pandemic, 2020 could be a record-breaking year for debt. While this year’s spending extravaganza could tank the value of currencies worldwide and spur a hike in inflation, as stated a recent analysis by the U.S. think tank Mises Institute,…
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Under-fire South Korean crypto exchange Coinbit has denied manipulation allegations after police raided the firm’s headquarters – but an ex-employee alleges the exchange’s “violent” CEO assaulted staff, and extorted and threatened employees. Per Seoul Shinmun, a Coinbit official stated that “allegations of inflating transaction volume and manipulating token prices Read more »Pay, Trade, Buy Bitcoin…
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While major crypto exchange Binance is teaming up with data privacy software company Oasis Labs to launch the CryptoSafe Alliance, Coinbase’s custody outfit is bringing its clients staking on Solana (SOL) tokens to enterprise-grade validators on the Bison Trails platform. Per an emailed announcement, the CryptoSafe Alliance is an effort to bring together a global…
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The second quarter of 2020 brought a sudden surge in browser-based cryptojacking, with U.S. cybersecurity firm Symantec reporting a 163% increase in detected incidents compared with the previous quarter. To counter this worrying trend, researchers are developing new solutions based on artificial intelligence that could soon become key to stopping criminals from hijacking Read more…
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Aiming for potential future mergers with related companies, Ribbit LEAP, a newly-formed business offshoot from early bitcoin (BTC) venture capital firm Ribbit Capital, has filed for a USD 350 million Initial Public Offering (IPO) with the US Securities and Exchange Commission (SEC). The IPO filing revealed that Ribbit is offering 35 million units at an…
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Leading darknet market Empire Market has reportedly shut down its operations, exit scamming the site’s estimated 1.3 million users out of some bitcoin (BTC) 2,638, worth close to USD 30 million. Reported by dark.fail, a journalist specialized in covering the darknet, the development comes with “no explanation from its admins and no announcement from law…
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