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Colombian gov’t calls for blockchain adoption

INDUSTRY

Wednesday, 19 August, 2020 at 07:37 GMT
The Colombian Ministry of Information Technologies and Communications (MinTIC) has entered a new draft of a guide that calls for blockchain adoption across several sectors in the country. The Ministry also relayed their opinion on cryptocurrencies that run on blockchain...
Hong kong police arrest three men over alleged links with bitcoin atm scam

INVESTIGATIONS

Tuesday, 18 August, 2020 at 07:56 GMT
As crypto scams around the world continue to trick people in parting with their hard-earned money, Hong Kong police have arrested three men who are allegedly tied to a HK$230,000 (US$30,000) bitcoin scam. According to the South China Morning Post report, the three men are...
Bitcoin hashrate drops 1020% due to massive floods in china

INDUSTRY

Tuesday, 18 August, 2020 at 04:14 GMT
As of Tuesday, bitcoin hashrate dropped by 25% due to massive landslides in Sichuan province. The landslides caused by heavy downpour caused the Sichaun province to trigger a Level I response, the highest in its tier four-tier emergency response system. ...
Germany proposes new bill for digitized securities

INVESTIGATIONS

Monday, 17 August, 2020 at 04:12 GMT
A new law in Germany is set to introduce digitized securities to the country for the first time, giving a legal footing to the federal government’s strategy for blockchain. ...
Us federal reserve reveals building a digital dollar codebase with mit

INVESTIGATIONS

Saturday, 15 August, 2020 at 04:04 GMT
The central bank cold wars have begun, as the United States clearly wants to compete with China’s upcoming central bank digital currency (CBDC). Not too long ago, the Federal Reserve Chair Jerome Powell didn’t give the media too many clues about the bank’s efforts to...
South korean city to issue blockchainbased digital gift certificates

INDUSTRY

Friday, 14 August, 2020 at 04:18 GMT
One of South Korea’s major cities is expanding its payments program by issuing digital gift certificates on the blockchain. Seongnam’s new offering will be available through a mobile app, with the city seeking to reach the elderly with the simplified payments process. ...
South korea’s kookmin bank to store and manage digital assets

INDUSTRY

Thursday, 13 August, 2020 at 04:07 GMT
Kookmin Bank, considered to be the largest bank in South Korea, is set to offer digital currency custody and management services. The bank, better known as KB Bank, has partnered with blockchain venture capital firm Hashed and Cumberland digital currency exchange. ...
Things you should know about the bitcoin wallet

PREVIEW

Wednesday, 12 August, 2020 at 05:31 GMT
A bitcoin wallet is a wallet that plays an important role in keeping the money safely at you. As the bitcoin wallet is not only keeping the bitcoins but along with this, it has many private keys that you will require while making transactions and at the time of selling and buying...
Crypto exchanges see explosive increase in web traffic

INDUSTRY

Tuesday, 11 August, 2020 at 05:06 GMT
Reports show that cryptocurrency exchanges have seen a massive increase in web traffic, as cryptocurrency prices gained significant positive movements in July. ...
South korean tourism pilots cryptocurrency project

INDUSTRY

Monday, 10 August, 2020 at 05:42 GMT
CIC Enterprise, a Bitbeat-affiliate company, is running a test programme to offer cryptocurrency payment services in two tourist hotspots in South Korea. The project will be operating at two of the country’s most popular beaches for tourists to use as a payment service. ...

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