Analytics News

Crypto Exchange Huobi Jointly Launches $93 mln China-South Korea Blockchain Fund

2 weeks ago admin2 Comments Off on Crypto Exchange Huobi Jointly Launches $93 mln China-South Korea Blockchain Fund
Huobi, the world’s third largest cryptocurrency exchange by trade volumes, has entered into a partnership to launch a $93 mln China-South Korea investment fund for blockchain companies, the China Money Network reported yesterday, June 1. Huobi, together with Chinese investment firm NewMargin Capital and South Korean securities firm Kiwoom Securities Co., Ltd., will use the Read More

Estonia Rolls Back Its Plan to Issue National Digital Currency

2 weeks ago admin2 Comments Off on Estonia Rolls Back Its Plan to Issue National Digital Currency
Estonia rolled back its plan to establish a national cryptocurrency Estcoin following criticism from the President of the European Central Bank, Mario Draghi, and local banking authorities, Bloomberg reported June 1. The managing director of the Estonian e-residency program, Kaspar Korjus, proposed the development and issuance of Estcoin in August last year. Along with becoming Read More

Norway’s Largest Bank to Explore Applications for IOTA’s Distributed Ledger Technology

3 weeks ago admin2 Comments Off on Norway’s Largest Bank to Explore Applications for IOTA’s Distributed Ledger Technology
DNB ASA (Den Norske Bank), Norway’s largest financial services group, and the IOTA Foundation (IOTA) have signed a memorandum of understanding (MOU), according to a press release May 31. DNB and IOTA will now reportedly cooperate to explore applications of the IOTA Tangle, a “third-generation” distributed ledger (DLT). According to the press release, the two Read More

Hong Kong: Central Bank Digital Currency ‘not Clearly Superior to’ Existing Infrastructure

3 weeks ago admin2 Comments Off on Hong Kong: Central Bank Digital Currency ‘not Clearly Superior to’ Existing Infrastructure
Hong Kong will not currently issue a central bank digital currency (CBDC), citing the existence of already efficient payment infrastructure, according to a government press release published yesterday, May 30. Joseph Chan, the Acting Secretary for Financial Services and the Treasury in the Legislative Council, said in response to questions about both the People’s Bank Read More

BlockShow in Berlin Sets New Record With Largest Turnout Yet

3 weeks ago admin2 Comments Off on BlockShow in Berlin Sets New Record With Largest Turnout Yet
The BlockShow Europe 2018 conference ended yesterday, May 29, after two days of panels and speakers, including Wikipedia founder Jimmy Wales and BTCC co-founder Bobby Lee. Speaking about the conference, Bobby Lee told Cointelegraph: “I think conferences are important to get the word out there, to educate people and help them learn about cryptocurrency and Read More

SEC Obtains Court Order Against ICO Defrauding Investors of Millions

3 weeks ago admin2 Comments Off on SEC Obtains Court Order Against ICO Defrauding Investors of Millions
The US Securities and Exchange Commission (SEC) has obtained a courter order to halt the activities of an initial coin offering (ICO) that defrauded investors, the SEC announced May 29. According to the SEC press release, Titanium Blockchain Infrastructure Services Inc. has raised $21 mln from investors both in and outside the US. A complaint Read More

Founder of Chinese Ride Hailing Company to Launch Blockchain-Based Taxi App

3 weeks ago admin2 Comments Off on Founder of Chinese Ride Hailing Company to Launch Blockchain-Based Taxi App
Chen Weixing, the founder of Chinese ride hailing company Kuaidi Dache, is planning to launch a blockchain-based ride hailing app, China Money Network reports May 28. Chen is partnering with co-founder of Meituan Yang Jun to launch the project. Chen aims to create a platform that will offer lifestyle services such as ride hailing and Read More

BlockShow Europe 2018 Kicks Off in Berlin, Join Live Stream

3 weeks ago admin2 Comments Off on BlockShow Europe 2018 Kicks Off in Berlin, Join Live Stream
BlockShow Europe 2018 kicked off this morning in Berlin, bringing together over 3,000 attendees and 150 projects from the blockchain space for a major conference that will run over the next two days, May 28-29. The conference is being streamed live: you can follow the Main Stage and the Second Stage here. BlockShow Read More

GDPR and Blockchain: Is the New EU Data Protection Regulation a Threat or an Incentive?

3 weeks ago admin2 Comments Off on GDPR and Blockchain: Is the New EU Data Protection Regulation a Threat or an Incentive?
The General Data Protection Regulation (GDPR), a sweeping and stringent European Union (EU) wide legal framework for personal data privacy, became effective on May 25. Ready or not, this framework is going to drastically transform the business of any digital venture. The International Association of Privacy Professionals (IAPP) forecast that at least 75,000 privacy jobs will be Read More

South African Police Investigate Alleged Crypto Ponzi-Scheme Involving 28,000 Investors

3 weeks ago admin2 Comments Off on South African Police Investigate Alleged Crypto Ponzi-Scheme Involving 28,000 Investors
South African Police are pursuing an alleged major cryptocurrency investment fraud, according to a police statement released yesterday, May 25. According to the statement, over 28,000 investors are said to have suffered losses exceeding 1 bln rand ($80.4 mln). The Hawks, an investigative unit of South Africa’s Directorate for Priority Crime Investigation (DPCI), have outlined Read More