A report has revealed that Samsung is planning to develop its own proprietary blockchain network, as well as launch its own cryptocurrency token. Citing a source who is “familiar with Samsung’s internal situation,” CoinDesk Korea reported that the South Korean company’s blockchain task force is...
Japanese cryptocurrency exchange Zaif announced that it is resuming business this week after it suffered a hack that resulted in about $60 million lost last year. According to CoinDesk, the exchange has been taken over by publicly listed Japanese investment firm Fisco. Zaif lost about ¥7...
The Chilean government has revealed that it is looking to implement tougher regulations on cryptocurrencies and FinTech. According to Cointelegraph, Chile’s Minister of Finance Felipe Larraín announced during his recent visit to the United States that although the new bill introduced in his country would...
JPMorgan Chase is planning to expand its use of blockchain technology to improve the banking industry’s payment system, as well as get FinTechs to experiment on developing the platform. The platform allows banks to quickly resolve compliance issues that can delay payments by weeks. Last year, more than 75...
Afghanistan is looking to boost its ailing economy with bitcoin. At the annual Spring Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund in Washington, Khalil Sediq, governor at the Central Bank of Afghanistan, told The Asia Times that Afghanistan...
A new report has found that ransomware payments increased nearly 90 percent in the first quarter of the year over the previous quarter. According to ransomware support firm Coveware, the first quarter of 2019 saw the average daily ransom being paid to attackers increase to $12,762...
Bitcoin users might soon be able to donate to help rebuild Notre Dame Cathedral. The French government just launched a website with links to four approved organizations collecting money to repair the cathedral. Although bitcoin isn’t one of the approved currencies, France’s Minister for Digital Affairs...
eToroX — the blockchain division of social trading platform eToro — is launching a new cryptocurrency-only exchange desk for pro traders that will support six cryptos: bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple and Dash. The exchange will also support trading in eight fiat-backed stablecoins, pegged...
The U.S. Securities and Exchange Commission (SEC) is cracking down on exchange-traded funds (ETFs) that misleadingly use blockchain in their names. According to Bloomberg, issuers cannot use “materially deceptive or misleading” names under the Investment Company Act of 1940. As a result, more than one-third...
