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Showing posts with the label coindesk.com

Tencent Partners with City Authority to Combat Tax Evasion with Blockchain

The internet giant is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain solution for invoicing.

Bitcoin Faces Close Below Long-Term Support In First Since 2015

If bitcoin closes the week below the 50-week moving average it will increase the likelihood of a sell-off to $6,000

Alabama Securities Watchdog Hits 3 ICOs with Cease-and-Desists

The U.S. state of Alabama has issued cease-and-desist orders to three ICOs that were allegedly soliciting residents with unregistered securities.

Pink Taxis, Red Flags: A Deep Dive Into a Sketchy ICO

No team, plagiarized white paper, McAfee pump, promises of bitcoin-like returns, brand hijacking, a fake blog. Welcome to ICO-land.

Norfolk Southern the Latest Railway to Join Blockchain Transport Group

Norfolk Southern is the latest railway to join the Blockchain in Transport Alliance.

This Bitfury-Backed Group Mined 800 Bitcoins in Q1

Hut 8 Mining Group raised $70 million CAD to invest in mining machines, and mined 828 bitcoins in the first quarter of 2018.

New Strain of Malware Hijacks Apple Macs to Mine Monero

A monero cryptominer based on XMRig is hijacking Macs, causing high CPU and fan usage.

Commerzbank Conducts €500k FX Transaction Using R3's Corda

Thyssenkrupp successfully conducted a foreign exchange transaction using R3's Corda blockchain in partnership with Germany's Commerzebank.

Revolut App Adds XRP, Bitcoin Cash to Crypto Options

Mobile banking app Revolut now lets users buy, sell and hold Ripple's XRP and bitcoin cash, in addition to bitcoin, litecoin and ether.

German Stock Exchange Wants to Launch Bitcoin Products

Deutsche Boerse AG is assessing whether to offer cryptocurrency-related products, a company exec has said during an event.

Singapore Warns 8 Exchanges Over Unregistered Securities Trading

Singapore's central bank has warned eight digital token exchanges and an ICO issuer to stop trading tokens deemed unauthorized securities.

Russian Institutions to Trial Central Bank ICO Platform

Two financial institutions are set to test a regulatory platform set up by the Bank of Russia that aims to make ICOs more transparent and secure.

US Department of Justice, CFTC Probe Crypto Market Manipulation: Report

The U.S. Department of Justice is reportedly investigating cryptocurrency traders who may have manipulated the markets using old-school tricks.

Bitcoin Faces Drop to $7K as Bull Defense Crumbles

Bitcoin looks set to test $7,000 in the next 24 hours, courtesy of a bear flag breakdown on the technical charts.

Tech Giant GMO to Roll Out World's First 7nm Bitcoin Miner

Japanese IT giant GMO Internet says it will ship the world's first bitcoin mining device based on 7nm chips before November.

Manufacturing and Blockchain: Prime Time Is Yet to Come

By deferring questions of trust to a decentralized algorithm, blockchains promise to boost transparency and allow more fluid, dynamic supply chains.

China Orders Faster Blockchain Development in Top-Level Missive

China's State Council has ordered local authorities to speed up blockchain development amid a fintech shakeup.

IBM to Hire Blockchain Researchers for French Expansion

IBM plans to hire 400 researchers, a portion of which will be focusing on blockchain technology, CEO Virginia Rometty said Wednesday.

Norway's Central Bank Mulls Digital Currency as Cash Use Declines

Norges Bank has released a report suggesting it might one day launch a digital currency as citizens continue to turn away from physical money.

Rural Banks Tap Kaleido Blockchain for Faster Transactions in the Philippines

Rural banks in the Philippines are looking to adopt ConsenSys' Kaleido blockchain platform in bid to boost financial inclusion.