Death and taxes are sure things, but can blockchain make the latter even more of a certainty in Thailand? Plus, trade finance done via blockchain sees traction in both China and India, helping move energy and wheat though supply chain processes.
HSBC, the U.K. bank, is backing a U.S. startup in the blockchain field called Axoni, Cryptovest reported. The firm plans to put the funds to use by growing its AxCore system, which is based on distributed ledger technology (DLT), as well its smart contracting language...
Bitmain, the Chinese digital currency mining firm, has filed a suit in U.S. District Court against a hacker identified as “John Doe” for a reported bitcoin theft, Cryptovest reported. “John Doe” allegedly took more than $5.5 million in bitcoin, as well as other assets of...
Another exit scam has hit the crypto world. This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 million worth of investors’ money after raising 13,000 Ethereum in an ICO. According to The Next Web, hours after moving all raised funds out of...
Overstock may be best known as an eCommerce business, but these days its CEO and Founder Patrick Byrne is much more interested in talking about the power of cryptocurrency and blockchain, and how it will be the real future of both the firm and the...
In China, a principal and a vice principal allegedly mined ethereum at a middle school in the province of Hunan, Coindesk reported. The principal had installed mining machines at home at first, but he reportedly put them in a dorm after discovering the cost of...
Canada’s St. Francis Xavier University of Nova Scotia (StFX) had to temporarily shut down its entire network due to a crypto-jacking attack. “The malicious software attempted to utilize StFX’s collective computing power in order to create or discover bitcoin for monetary gain. At this time,...
Blockchain, the crypto wallet provider, plans to have an airdrop worth $125 million, Fortune reported. Through the cryptocurrency giveaway, each recipient would receive around the equivalent of around $25 in Stellar. The company said in a statement, “Accessible to anyone with a Blockchain Wallet, the...
Elon Musk’s name has reportedly been used in bitcoin scam, with the hack of multiple verified Twitter accounts, the BBC reported. The hackers allegedly took over the accounts and made the image and name to reflect Musk. One tweet that came from an account that...
