Tag Archives: Blockchain News

China to Enforce Regulation for Blockchain Companies in February

China’s internet regulator, the Cyberspace Administration of China(CAC) in a detailed document outlined a final draft of regulations concerning cryptocurrency and blockchain companies. The rules will come into effect starting February 19, and provide a set of guidelines that blockchain companies are required to follow. According to the CAC’s director: The Regulations on the Management of Blockchain Information… Read More »

New York Backs Bitcoin (BTC), Opens Blockchain Center

Bitcoin (BTC), Blockchain, Cryptocurrency–Despite falling coin prices which characterized most of 2018, the city of New York has not shied away from its support for Bitcoin and the underlying technology for cryptocurrency. Even in the midst of a bear market, with Bitcoin slipping below $4,000 and falling 70 percent from it’s all time high in December 2017, investors… Read More »

NYC Bets on Crypto: Opens 4,000-Sq-Foot Blockchain Center amid Bitcoin Bear Market

New York City is doubling-down on crypto despite the bitcoin bear market. The NYC Economic Development Corp. opened a 4,000-square-foot Blockchain Center on Thursday (Jan. 10) amid the Crypto Winter. Why? Because the EDC is in it for the long haul, says an executive. “We are playing the long game,” Ana Arino — the chief strategy officer at the… Read More »

Litecoin (LTC) Creator, Charlie Lee: If A Crypto Cannot be 51% Attacked, it is Not Decentralized

Right after news broke that the Ethereum Classic (ETC) cryptocurrency had been the victim of a 51% attack, one twitter user by the name of Crypto Tesla noted that a cryptocurrency has to be open for such attacks if it were to remain decentralized. His tweet was in response to one by Coinbase announcing that they had detected… Read More »

IOTA Partners with Crypto Storage AG To Power Institutional-Grade MIOTA Token Storage

Earlier today, Crypto Storage AG, a subsidiary of Crypto Finance AG, announced a partnership with the IOTA Foundation to offer the first multi-signature storage solution for high volumes of the MIOTA tokens worldwide. This solution is ideal for financial intermediaries and other IOTA partners working on different aspects of the project. Of particular interest, is that the new… Read More »

Nasdaq Hiring For Blockchain Developer Indicates Progress On Its Bitcoin Futures Plan

Nasdaq is working on its plan to launch bitcoin futures and, has recently posted a job opening on LinkedIn for senior software developer with a deep interest in Blockchain and Machine learning. This opening indicates that Nasdaq is working diligently and could be executing its crypto plans in time. Nasdaq hiring for a division that provides a solution to… Read More »

Bitcoin Ransom: 9/11 Papers Hacker Group Banned from Steemit Platform

Steem is an open-source blockchain platform for publishing content. It works like a mixture of Reddit and Blogger, with incentivization in the form of Steem. TheDarkOverlord is the hacker group who says they have damning evidence and 9/11 papers. Yesterday, Steemit banned TheDarkOverlord. The hacker group uses Steem to publish his communiques and demands. They were previously banned… Read More »

RippleNet Now Has Over 200 Global Customers With 5 More Using XRP

The Ripple company has announced via its website that 13 new financial institutions have joined RippleNet thus propelling the number of total global customers to over 200. RippleNet currently operates in 40 countries across 6 continents. The new financial institutions are as follows. Euro Exim Bank SendFriend JNFX FTCS Ahli Bank of Kuwait Transpaygo BFC Bahrain ConnectPay GMT… Read More »

NANO and Its Core Members Served With Another Lawsuit Due to the BitGrail Hack

News reaching Ethereum World News indicate that the Nano (NANO) Cryptocurrency project and its core members have been served with another lawsuit linked to the BitGrail Hack that happened in early February 2018. With approximately $180 Million lost during the hack, the new class action suit alleges that NANO and its core members violated federal securities laws and… Read More »

Kuwait Finance House Confirms Using Ripple Tech. For Cross Border Remittances

Almost seven months after the Kuwait Finance House (KFH) announced that it was joining RippleNet, the bank has confirmed via twitter that it has started providing instant cross-border payments using Ripple technology. The exact Ripple technology being used by KFH has not been clarified at the moment of writing this. The announcement by KFH was as follows: KFH… Read More »