In a new report, the U.N. has estimated that North Korea has stolen around $2 billion from banks and cryptocurrency exchanges via cyberattacks, Reuters reported.
Blockchain analytics startup Elliptic in partnership with researchers at the Massachusetts Institute of Technology (MIT)’s IBM-funded AI Lab has released a public dataset of bitcoin transactions connected to illegal a…
It is no secret that India has not been the most enthusiastic country when it comes to cryptocurrency as far as its government is concerned and is even considering banning it. This is where the National Association of…
In the latest stream in attacks, the whitepaper of Facebook’s cryptocurrency Libra was reportedly a knock off of another digital asset.
A survey from global auditing giant Deloitte indicates a continued strong investment in blockchain technology from organizations.
Only 2% of Americans trust Facebook’s upcoming cryptocurrency Libra and project wallet Calibra more than major cryptocurrency Bitcoin, according to a recent study by CivicScience.
Facebook CEO Mark Zuckerberg has reaffirmed the social network's commitment to its cryptocurrency project, saying that they will spend “however long it takes” to address the concerns of all regulators and experts.
The Distributed Ledgers Technology and Artificial Intelligence Task Force set up by the government of Kenya has submitted its report to Joseph Mucheru EGH, Kenyan Cabinet Secretary in the Ministry of Information and C…
We all remember our own phone number, but what about other people’s? According to a 2010 study, less than half of us know our partner’s number by heart. It would be fair to assume that figure has decreased in the year…
An antitrust advocacy group has called on all the 28 member companies of Facebook’s cryptocurrency initiative to drop the Libra project.
It would appear that interest in blockchain has been dropping of late, as suggested in a recent report from CB Insights. While fluctuations do occur, the general trend that blockchain has been following for years was …
Cryptocurrencies such as Facebook’s Libra need to be held “to the highest regulatory standards,” as they posed a threat to global financial stability, according to a Group of Seven (G7) taskforce as reported by Reuters.
Blockchain is still largely misunderstood throughout the world and so the World Economic Forum (WEF) released a paper that is meant to be a guide for understanding the benefits of the technology.
It is one thing to say that the general population would not know what blockchain is and another to discover that a vast majority of corporations in a region are the same. Yet, this is what a recent poll established, …
The International Money Fund (IMF) has warned that banks are at risk of being “left behind” as big tech companies shake up the financial system.
The European Securities and Markets Authority (ESMA) has identified regulatory gaps in the licensing regime for fintech firms engaged in the area of crypto- assets, initial coin offerings (ICOs), and distributed ledge…
Mark Cuban is the billionaire mogul who has made it abundantly clear that he sees cryptocurrency as nothing more than a scam. In a recent round of tirade against the industry, he directed his ire at Facebook Libra. He…
Several days ago, it was reported that famous crypto critic Nouriel Roubini challenged BitMEX CEO Arthur Hayes to release the tapes of their debate earlier this month. The discussions were so heated, in fact, that it …
"Big Three” credit rating agency Fitch Ratings sees Facebook’s cryptocurrency ‘Libra’ as the latest challenge to the conventional bank payment mechanisms.
A new study by cybersecurity firm Kaspersky Lab revealed that only 1 out of 10 people has a full understanding of cryptocurrencies.
In a true case of using blockchain for the greater good, Binance recently announced that it is forming a charity stable coin called “Pink Care Token” (PCAT). It will be doing so through the Binance Charity Foundation …
The United States is leading the world in the number of tweets that talk about bitcoin and Facebook’s cryptocurrency project Libra, according to new research by crypto trading platform The TIE.
New research coming out of the University of Cambridge revealed two things about today’s modern life that will surprise no one. One is the fact that bitcoin uses up an astounding amount of energy to operate. The other…
The first half of 2019 saw a considerable level of enthusiasm among backers and investors in blockchain, as proven by a recent report by Outlier Ventures. According to the data gathered, as much as $822 million was ra…
It’s well-known that cryptocurrency is the preferred mode of transactions by criminals because of how difficult it is to track. This year, it is expected that as much as $1 billion of bitcoin transactions will be cond…
While cryptocurrency is relatively new in the finance industry compared to fiat and traditional banking sectors, a new survey indicates that interest in the nascent field is on the rise. In fact, the data indicates th…
The online streaming giant Netflix has already done a documentary on cryptocurrency before but it was largely focused on bitcoin, with other coin offerings only peripherally addressed. Now, reports of a new filming in…
When it comes to Facebook Libra, the reactions have ranged from excited to alarmed. In the case of Morgan Stanley CEO James Gorman, however, his outlook is a bit more dismissive than most. He basically does not think …
PwC Strategy& and the Crypto Valley Association (CVA) have released the 5th Global ICO/STO Report which examines the state of the global initial coin offering (ICO) and security token offering (STO) markets.
Charity organizations have been facing increased scrutiny for years due to questionable handling of the funds they receive, but blockchain has been proving its effectiveness in addressing this concern. Due to the fact…
While what seems like the rest of the world’s financial regulators, both private and federal are expressing alarm over Facebook’s Libra, Mark Carney is taking the opposite stance. Instead, the governor of the Bank of …
While the rest of the world appears to be hyped to join the crypto bandwagon, the Reserve Bank of Australia recently expressed a much colder stance towards the trend. The Australian central bank is quite skeptical of …
It would seem that the demand for and the supply of skills related to blockchain has increased in Singapore to the point where it is dominating the market. This news comes via a new LinkedIn report covering the Asia-P…
Policymakers across the globe including both Republican and Democratic US lawmakers have expressed their concerns after Facebook unveiled its upcoming cryptocurrency project Libra, which is slated to be released in 2020.
Japan’s Consumer Affairs Agency (CAA) has reported that it received an incessant number of queries related to cryptocurrency exchanges.
A new study found that less than 5% of the code dedicated to the top 100 blockchain projects on code repository GitHub were contributed by women.
The battered bitcoin will hit a new record high by year-end against the U.S. dollar on higher real transaction growth and renewed optimism among market players, an FxWirePro survey showed.
Consultancy firm McKinsey & Company said that retail banks are slow to adopt blockchain technology, citing regulations and conservative consumers as obstacles.
Ethereum is the most commonly used platform for decentralized finance (DeFi) applications (DApps), according to a report by Binance Research published on June 6.
One of Switzerland’s most influential think tanks Avenir Suisse released a report pushing the country’s central bank, the Swiss National Bank (SNB), to start issuing a national currency.
