Archived Posts

Israeli authorities and the U.S. Federal Investigation Bureau (FBI) have detained at least two people and implicated others in a knockdown of a Bitcoin-supported dark web ecommerce site, as per two formal tweets by Israeli police on May 7. Two Israelis were detained on suspicion of establishing a “dark” website that facilitates purchase of guns,   Read more...

Continuing its global expansion initiatives, Singapore-based cryptocurrency exchange Zebpay has inaugurated trading facilities in Australia. The division will be headed by its new Australia Director, Sandeep Khurana, whose expertise with fintech companies stretches over a period of eighteen years. Zebpay spread its trading facilities to Australia by establishing a new office in Melbourne’s fintech centre.   Read more...

According to news Daily Sabah, Turkish Bahçeşehir University (BAU) has introduced a blockchain hub at Boston’s Northeastern University (NEU), a major university on new-generation networks. This has arrived a year after setting up Turkey’s first university-based blockchain center, BlockchainIST. Bahçeşehir University (BAU) has now inaugurated a blockchain hub at the Boston’s Northeastern University. Besides informational   Read more...

In collaboration with Blockchain consortium R3, Indian IT company Wipro has built the prototype of a blockchain-powered system that will enable the use of digital currency for interbank settlements in Thailand. Wipro said in a statutory filing that the model intends to facilitate interbank transactions for an association made up of the Bank of Thailand   Read more...

A blockchain-based trial ad campaign for PepsiCo resulted in a 28% increase in effectiveness. Marketing services agency Mindshare began collaborating on Project Proton with Singapore’s government blockchain Zilliqa in 2017. The project seeks at making digital ads give more value for money. The company announced an effectiveness increase of 28% in March trials for PepsiCo   Read more...

According to the head of Switzerland’s main, traditional stock exchange, SIX Swiss Exchange, the firm will seek to introduce its own electronic tokens as portion of its upcoming blockchain-powered electronic exchange. SIX Swiss Exchange records around CHF 5.2 billion (~$5.1 billion) in daily trading volume and has an enterprise value of over CHF 1.67 trillion   Read more...

Facebook is now formally entering into cryptocurrency, as we indicated previously. Social media company Facebook purchased rights to the “Libra” trademark for its confidential cryptocurrency venture. “Project Libra” is focused on establishing a payment platform with an indigenous stablecoin. The study states that Facebook is presently in discussions with Visa, Mastercard, First Data and multiple   Read more...

New York State Attorney General (NYAG) Letitia James has demanded revelation of files regarding a suspected $900 million agreement between Bitfinex cryptocurrency exchange and Tether, a stablecoin provider. NYAG’s legislation paper was submitted on May 3. New York Attorney General’s (NYAG) first prosecuted Bitfinex and Tether for all papers related to an estimated loss of   Read more...

Christian Catalini, a professor at Massachusetts Institute of Technology, is on vacation and working on Facebook coin creation, Coindesk revealed on May 3. Facebook is supposedly building a stablecoin that will enable its billions of users to remit money and probably make online transactions. Two unnamed sources, knowing the scenario, told Coindesk about Catalini’s partnership   Read more...

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