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Aliant Payments, a crypto payment solution company, has kick started CryptoBucks with zero processing fee for merchants in the United States and Europe. Eric Brown, the company’s CEO said the offer was for those merchants that signed up for credit and debit card processing. Brown said Aliant Payments wants its users to experience the ease […]
In a new low for the defunct BitGrail, an Italian Court has demanded the bankrupted exchange to pay up the ‘lost’ $170 million. In January 2018, BitGrail had been hacked of $170 million in Nano which was earlier known as Raiblocks. As per various cryptocurrency reports, the Nano was worth $14 million but when the […]
Union Pay, China’s leading financial services provider, has warned against illegal transactions in a letter. It has listed 25 virtual currency over-the-counter (OTC) transactions. Union Pay advises exchanges to work on a comprehensive self-inspection and rectification process. The financial services provider considers token issuing financing, internet sales lottery platforms and virtual currency trading to be […]
The transport and logistics (T&L) industry has been very slow to adopt blockchain. This may be because the industry feels that the new technology might be more harmful, disruptive than beneficial. According to a new report by the Boston Consulting Group (BCG), the world’s leading adviser on business strategy, the industry participants must collaborate to […]
The Republic of the Marshall Islands is ready to launch the world’s first national cryptocurrency, Sovereign (SOV), with smart card wallet maker, Tangem. SOV is expected to be out in the form of paper banknotes. Presently, Marshal Islands official legal tender is the US dollar. According to the press release SOV is based on blockchain. […]
Carico Cafe Connoisseur, an Ugandan Company, is using blockchain to certify coffee shipments. In doing so, the company is meeting the demand of its customers for information in regards to where the products come from. Many companies and organizations across the world are using blockchain to develop shared electronic record to track their products’ origin. […]
The New Taipei Police have arrested fifteen suspects for allegedly defrauding thirty people of US$8.13 million in the IBCoin cryptocurrency investment scam. The Criminal Investigation Bureau (CIB) Chief Li Chi-hsun said the group had been caught in two raids on January 9 and 17. The Chief said Lin the group’s leader “bought IBCoins from mainland […]
The production cost, mining, of Bitcoin is higher than its actual value which is $4,060. Presently, the cryptocurrency is traded below $3,600 and its a $400 loss. Bitcoin value dropped significantly in November 2018, a 14 per cent fall, that had the world’s biggest cryptocurrency price below $5,000 for the first time in 13 months. […]
The Swiss Crypto Valley is witnessing an unprecedented growth in cryptocurrency market despite a ‘low’ winter. There has been a build-up of 121 companies, 20 per cent compared to the last count which was at September end 2018. And this is as per the latest survey – December end 2018. Mathias Ruch, the founder and […]
The United Kingdom through its Financial Conduct Authority (FCA) is consulting on ‘Guidance’ for cryptoassets to provide regulatory clarity. The FCA acknowledges cryptoasset market and the quickly developing distributed ledger technology (DLT), and it wants to support consumers to understand the cryptoasset market. It said the final ‘Guidance’ will help market participants understand whether the […]
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