IBM Introduces New Version of Enterprise Blockchain Platform

IBM announced on Tuesday the launch of its enterprise blockchain platform’s latest version. IBM reported that its vision is a fully-flexible blockchain platform, built around a well-managed open source distributed ledger technology, that can truly run in virtually any computing infrastructure. It was revealed: “Clients… Read More

Report: Russian Viruses Found in Investigation of $534 Million USD Hack on Coincheck Cryptocurrency Exchange

Viruses “first marketed in a Russian bulletin board in June 2011” have been found on computers of employees at Coincheck, a Japanese cryptocurrency exchange hacked in January 2018 for more than $534 million USD in NEM tokens, Asahi Shimbum writes. Previously, South Korean intelligence had… Read More

CFTC Files Enforcement Action Against UK Bitcoin Trading Firm Control Finance and Principle Benjamin Reynolds for $147 Million Fraud

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against UK based defendants Control-Finance Limited, a Bitcoin trading and investment company, and principal, Benjamin Reynolds.  According to the CFTC, the defendants are  charged with “exploiting public enthusiasm for Bitcoin by fraudulently obtaining… Read More

Chinese Authorities Shut Down Illicit Bitcoin Mine Hidden in Marsh

Police from the city of Qiqihar in Western China used a drone to locate an illegal Bitcoin mine hidden in the centre of the large “fish pond” or marsh adjacent to an oil production facility, Chinese news outlet Huangiu reports. Police from the Green Grassland… Read More

Compelled: South Korean Crypto Exchanges Amend Terms to Make Selves Liable for Losses

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Following a recommendation made last year in April by Korea’s Fair Trade Commission, five cryptocurrency exchanges in the country have updated their terms of service to state they can be liable for losses resulting from cyberattacks or system malfunctions, YonHap News reports.  The new language… Read More

Hello Japan: Securitize Partners with the Japan Security Token Association to Accelerate Digital Securities

Securitize and the Japan Security Token Association (JSTA), an association advocating for a compliant digital securities industry, have partnered to accelerate the adoption of digital securities in Japan. According to a release, Securitize and JSTA will work closely with financial institutions and businesses to educate… Read More

Facebook Launches Stablecoin Libra and Accompanying Wallet Calibra. Is This Good for Crypto?

Facebook (NASDAQ:FB) launched its long-anticipated cryptocurrency today with an onslaught of documents, commentary and punditry feedback. Two new websites were revealed each affiliated with a different aspect of their new crypto-ecosystem. First there is the Libra stablecoin, a global currency “backed by a collection of… Read More

Jason Calacanis’ Launch Festival Takes Place in Sydney Australia this Week

In partnership with the NSW Government, Sydney Launch Festival opens this week to give NSW startups a chance to pitch their startups t to a global audience and learn from the world’s top startup founders and investors. Launch Festival is the creation of Jason Calacanis…. Read More

Swiss Fintech Mt Pelerin Announces Launch of Security Token Offering Service

Aspiring bank Mt Pelerin has announced a “one-stop shop” service to help companies tokenize and issue securities using blockchain tech. Mt Pelerin’s new tool is described as “giving companies of any size the possibility to access fundraising methods like IPOs more easily and without significant… Read More

British Politician Calls Bitcoin “A Right-Wing Nightmare,” Warns “Inevitable Crypto Crisis Lurking Around the Corner”

Alex Sobel, Labour and Cooperative MP for Northern English district of Leeds North West, has called Bitcoin, “…a right-wing nightmare which facilitates tax evasion, money laundering and environmental degradation.” He has also warned that, “…the Left has continuously failed to engage with questions of finance,… Read More

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