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Blockchain

IBM Issued Patent for DLT-Supported Data Sharing and Validation

IBM has been issued a patent for sharing and verifying information shared between mobile devices with distributed ledger technology Read the original post: IBM Issued Patent for DLT-Supported Data Sharing and Validation

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Blockchain

Bitcoin’s Explosive Rally Targets $6,500 Next – Analyst Explains Why

By CCN: The bitcoin price could surge to $6,500 soon because it breached a key resistance level of $5,500 this week. That’s the assessment of Naeem Aslam, the Chief Market Analyst at ThinkMarkets, a forex and derivatives broker. Indeed, bitcoin has roared to a six-month high this week after flailing for much of 2018. Aslam:…

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Blockchain

Coinbase Shellacking: Crypto Exchange Cuts Staff, Shutters Chicago Hub

By CCN: The markets may be moving into the green, but 30 Coinbase engineers will be seeing red tonight after they were reportedly laid off and the firm’s Chicago office closed. It’s a sure sign that despite positive sentiment returning, the crypto bear market is still determined to shrink a few more businesses before it’s…

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Blockchain

Societe Generale Subsidiary Issues 100 Million Euro Bond on Ethereum Blockchain

Societe Generale SFH has issued a 100 million euro bond as a security token on the Ethereum blockchain Read the original post: Societe Generale Subsidiary Issues 100 Million Euro Bond on Ethereum Blockchain

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Blockchain

Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the culture within banks holds them back from adopting blockchain Read the original post: Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

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Blockchain

California Jails Student to 10 Years for $7.5 Million SIM-Swap Bitcoin Hack

By CCN.com: A 21-year-old Boston man has been sentenced to 10 years in jail for stealing $7.5 million in bitcoin and other cryptocurrencies by hacking his victims’ cell phones through a practice called “SIM swapping.” This is the first-ever arrest and conviction in the United States for a SIM swap scam. That’s when the perpetrator…

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Blockchain

Binance Officially Launches DEX, Sparks New Era of Decentralized Crypto Exchanges

By CCN.com: The world’s largest crypto exchange Binance has launched Binance Decentralized Exchange (DEX) on April 23 following the official release of the Binance Chain mainnet. Binance DEX, a non-custodial and decentralized exchange that operates on top of the Binance Chain blockchain protocol, enables users to trade crypto assets while maintaining full control over their…

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Blockchain

21-Year-Old Jailed for 10 Years After Stealing $7.5M in Crypto By Hacking Cell Phones

A 21-year-old man has been sentenced to 10 years in prison after becoming one of the first people in the U.S. to be convicted of stealing crypto by hacking into cell phones Read the original post: 21-Year-Old Jailed for 10 Years After Stealing .5M in Crypto By Hacking Cell Phones

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Blockchain

IDC Report: Blockchain Solutions Spending in Asia/Pacific, Bar Japan, to Hit $2.4 Bln by 2022

Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) is forecast to hit $2.4 billion by 2022, according to a new IDC report Read the original post: IDC Report: Blockchain Solutions Spending in Asia/Pacific, Bar Japan, to Hit .4 Bln by 2022

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Blockchain

Coinbase Files to Close Its Political Action Committee

American cryptocurrency exchange Coinbase has filed to terminate its political action committee Read the original post: Coinbase Files to Close Its Political Action Committee