Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. Elliptic collaborated with researchers from the Massachusetts Institute of Technology (MIT) on the data set, which was taken from 200,000 bitcoin transactions worth $6 billion...
A Blockchain coding competition supported by Amazon Web Services (AWS) is offering a $100,000 prize to anyone who can solve a problem and provide the fastest speed improvement to it, according to a report. The problem is as follows: “Given 1024-bit input x, compute the verifiable...
Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. Launched in 2018, the project monitors products sent via several steps to the customer, including product returns, to prevent counterfeit drives from being sent back. The...
Businesses can now deploy scalable blockchain networks and applications with Paystand’s new Assurety-as-a-Service solution. Using the Assurety API, Paystand’s customers can create a secure, certified, digitally notarized record trail, Paystand said in a press release on Thursday (Aug. 1). In addition, developers can use Paystand’s...
German blockchain finance firm Bitwala announced that it has raised $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group. The funds will be used to expand the company’s customer base, add new staff and launch bitcoin accounts for...
Russia’s S7 Airlines revealed that its blockchain platform, developed in partnership with Alfa-Bank, sold $1 million in tickets in July. “Thanks to this new technology, now it’s easier for our agents to work directly with the airline, which allowed us to expand our own S7...
A new report has revealed that Chinese importers in Russia are buying up to $30 million a day of tether from Moscow’s over-the-counter trading desks. They then use the cryptocurrency to send large sums back to their home country. “They accumulate a lot of cash...
Blockchain-based payment system PumaPay has announced the launch of a new cryptobilling solution which has secured PCI (payment card industry) compliance. PullPayment Protocol will enable multiple payment scenarios and all the familiar billing methodologies used with credit cards. “PCI compliance puts PullPayment Protocol on the...
Initial coin offering (ICO) consultant CoinLaunch will pay $50,000 to settle with the Ontario Securities Commission (OSC). According to the regulator’s website, CoinLaunch was consulted on two ICOs, with both determined to be securities. CoinLaunch reportedly created the tokens, white papers and websites, advised on...
