blockchain, Business, Corporate

EU Blockchain Observatory: Digital Identity Is ‘Fundamental Building Block’ For Blockchain’s Potential

Published earlier this month by the European Union digital identity. They go so far to say, “[I]t is considered the essential prerequisite for most use cases.” The authors continue: “To be able to truly benefit from the potential of blockchain technology for the provision of services, governments will need to develop digital identity systems that can […]

Cryptocurrency, Economy, Mobility

SEC Settles ICO Fraud Lawsuit With Former AriseBank CEO And COO

Two former executives of AriseBank agreed to settle a fraudulent fiat currency the equivalent of approximately $4,250,000 from hundreds of investors. On January 5, 2018, the Texas Department of Banking issued a cease and desistorder against AriseBank for “violat[ing] Texas Finance Code Chapter 31 by using the term ‘bank’ in its name and marketing materials to imply that it […]

Corporate, Economy, Mobility

Razer Wants Gamers To Mine Crypto For Them

According to a December 12 tweet, gaming company Razer wants players to download software that uses the processing power of their idle computers to mine mining software, SoftMiner, will mine fiat. Instead, customers will be rewarded with loyalty points called Razer Silver. These points are redeemable for rewards such as games and discount vouchers in the Razer Silver catalog. But […]

Cryptocurrency

BBVA Issues Porsche Corporate Loan Via Blockchain

Leading sports car manufacturer Porsche and financial services group Banco Bilbao Vizcaya Argentaria (BBVA) announced the closing of a €150 million (approximately $170 million) corporate loan using the Spanish bank’s Ethereummainnet. Going forward, BBVA is looking to use blockchain technology to increase the usefulness and transparency of its “core products,” such as corporate financing, and develop a “Do […]

Thunderstruck: Bitcoin’s Lightning Network Experiences ‘Explosive’ Growth

Over 450 mainnet, according to data from analysis engine 1ML. Channel capacity for BTC is 100 times greater than it was in February 2018. Between November and December alone, over 300 BTC was added to Lightning Network channels. Before this recent jump in channel capacity, the amount of BTC across the network remained below 125 for several months. Further, 1ML […]

Economy

KFC Venezuela Hasn’t Joined The Crypto Coop Yet, But Church’s Chicken Just Laid Its Golden Egg

On December 7, Mark Mason, director of media and PR for Dash News, tweetedthat the 

As the cryptocurrency tanks, these experts are having the last laugh

blockchain, Economy, Mobility

Bitcoin has fallen 30 percent in a month, 50 percent in six months and almost 80 percent since December 2017. The continuous erosion in its price has made the world revisit the statements of skeptics who are being proven right. Here is a list of experts who had called the cryptocurrency’s eventual doom: Warren Buffett, […]

Business, Cryptocurrency, Economy, Mobility

Applied DNA Sciences, WestPoint Home Sign

Kimberly-Jayson Corp., Irving, Texas, reports it will invest $30 million to expand and improve its Berkley Mill nonwovens plant in Hendersonville, N.C. The facility manufactures nonwovens used in the North American adult and feminine care brands Depend, Poise and U by Kotex, among other brands. The two-year project is expected to add 14 new jobs […]

Cryptocurrency

Bitcoin Cash services have resumed

As many of you know, Bitcoin Cash (BCH) experienced a hard fork as planned on 15 November. As a precaution to ensure your funds were safe, we halted Bitcoin Cash services within the Wallet until we felt the situation was stable. Because one result of the fork was the emergence of another BCH chain, we […]

Business, Economy, Mobility

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