A multiplatform and multi-con scam on hundreds of people for at least $ 1,000 each in the course of 2017 and 2018. The old Cloud Mining exit scam on the far end. An altcoin called “Bitcoin 2nd Generation”, B2G or Bitcoiin2G came out of the farce with the actor Steven…
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The Wall Street Journal reports that banks will consolidate mortgage loans. Thanks to changes in the Federal Reserve’s policy, it is now cheaper for banks to obtain loans than it has been for a while. The other effect of a reduced LIBOR rate seems to be lower mortgage rates. Rates…
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According to the European Commission, Malta’s economy will grow by a whopping 5.2 percent in 2019. This makes the crypto-friendly island nation the fastest growing economy in Europe – well ahead of the major industrialized nations. For the German economy, for example, the experts predict just a meager growth of…
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Cryptocurrencies are gradually becoming a viable payment option in various markets and jurisdictions. If there is a tool that significantly expands the usability of digital currencies in a world still dominated by traditional payment systems, it is the cryptographic debit card. A growing number of reliable platforms offer the fintech…
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Huw van Steenis, Senior Advisor to the Governor of the Central Bank of England (BOE), believes that cryptocurrencies do not meet the basic requirements of a financial resource. He made similar remarks on January 21 in an interview with Bloomberg. Van Steenis joined the English Central Bank in 2018 after…
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The fact that the Blockchain technology is still in its much-cited children’s shoes, does not stop them to continue in the direction of mass adaptation. While the regulatory authorities in this world are still largely skeptical about technology, the Japanese Financial Services Authority (FSA) set up a kind of regulatory…
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The Seoul Metropolitan Government has launched the Seoul Block Chain Governance Team to explore the benefits of the blockchain in administrative services, reports Yonhap News on January 31. According to the report, team members are investigating the potential of blockchain applications in various government services, including the online voting system.…
Continue readingThe Government of Seoul Launches a ‘Blocks Chain Governance Team’ for state services
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Bitcoin has overtaken ethereum in node numbers for the first time since at least 2016 with bitcoin currently having 10,266 nodes while the highest number for eth is 10,078. Etherscan, however, counts only 7,857 eth nodes. There used to be some 30,000 public eth nodes and even during summer 2018…
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As a way to commemorate the 10-year anniversary of the Bitcoin network launch, we teamed up with Unbankd to create “Code meets money,” an explainer developed in the style of a graphic novel. A decade ago, the Bitcoin network was in its first days of life. Today it is the…
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On Seoul’s self-proclaimed road to a “blockchain hub,” the city administration is expanding Blockchain to newer areas of public management. Now that the administration of Seoul’s Yeongdeungpo district has recently begun tendering for public contracts using blockchain technology, it is exploring additional opportunities for blockchain-based citizen services. “Seoul Blockchain Governance…
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