Philippine Blockchain Pilot to Connect Rural ‘Unbanked’

Philippine Blockchain Pilot to Connect Rural ‘Unbanked'

In a bid to spread financial inclusion to a largely unbanked population, the Union Bank of the Philippines (UnionBank) is piloting real-time retail payments on the Ethereum blockchain with five rural banks in Mindanao, the second largest island in the country. Connecting the unbanked According to local news outlet Philippine News Agency (PNA), the payment […]

Chairman Mao Lookalike Not Appreciated at Chinese Blockchain Conference

Chairman Mao Lookalike Not Appreciated at Chinese Blockchain Conference

This year’s Boao Blockchain Forum for Asia in China’s Hainan Province was rudely interrupted when ‘Chairman Mao Zedong’ took to the stage, the BBC has reported. The impersonator, Xu Guoxiang, sporting a grey suit and speaking in Mao’s native Hunan accent managed to be on stage for just enough time to deliver a short speech to […]

South Korea’s National Assembly Proposes to Lift ICO Ban

South Korea's National Assembly Proposes to Lift ICO Ban

South Korea’s National Assembly has made official proposals to allow for domestic initial coin offerings (ICOs) to be legalized, roughly eight months after the country banned all ICOs in September 2017. South Korea has proven itself it be a fertile land for blockchain and cryptocurrency adoption; it is home to some of the largest exchanges […]

Seized Crypto Millions Auctioned by German Prosecutors

Seized Crypto Millions Auctioned by German Prosecutors

Bavarian prosecutors are to auction off seized cryptocurrency worth nearly USD 14 million, estimated to be the highest such sale in German history, reports Cointelegraph. The sale, originally reported in local news source Der Tagesspeigel on 28 May, involves 1,312 Bitcoins (BTC) and other digital currencies including 1,399 Bitcoin Cash, 1312 Bitcoin Gold, and 220 Ethereum. […]

zk-SNARK Crypto’s Answer to Data Protection And Anonymity

zk-SNARK Crypto's Answer to Data Protection And Anonymity

Data privacy and security issues have been brought to the forefront yet again with the recent Facebook scandal revealing that user data was compromised for commercial and political agendas, as well as recent hacking of high-profile sites. These have raised concerns for governments, businesses and users at a period coinciding with the enforcement of the […]

Leonardo Di Caprio’s Real Life Character Says To Banks, Catch Blockchain If You Can

Master Forger Abagnale to Banks: Catch Blockchain If You Can

Former master forger turned FBI consultant Frank Abagnale has recently addressed a Blockchain Nation conference in Miami with a prediction that banks will all move to blockchain in the future, as reported by CNN. Abagnale is probably better known to moviegoers as the main character in the 2012 Steven Spielberg film ‘Catch Me If You […]

Iran Sits on Fence over Crypto Adoption as Rial Nosedives

Iran Sits on Fence over Crypto Adoption as Rial Nosedives

Ever since Iranian Parliamentary Commission for Economic Affairs chairman Mohammad Reza Pourebrahimi declared recently that Iranians had moved USD 2.5 billion out of the country in cryptocurrency, the debate on digital currency has intensified, according to Cointelegraph. In 2017, Iran began developing a local cryptocurrency which was launched earlier in May, although many are skeptical […]

Over 3,000 Bitcoin ATMs Worldwide and Argentina Wants 30,000 of Its Own

Over 3,000 Bitcoin ATMs Worldwide and Argentina Wants 30,000 of Its Own

New figures released by CoinATMradar show that there are now 3,125 Bitcoin ATMs worldwide, with six new installations daily, reports Bitcoinist. Argentina plans to become the world’s biggest player with pre-agreements to install 4,000 ATM around the South American country as part of a new government plan to install 30,000 machines in the future. Bitcoin’s recent […]

Satoshi Nakamoto – The Hunt for Bitcoin’s Mysterious Creator and 1 Million Bitcoins

Satoshi Nakamoto – the Hunt for Bitcoin's Mysterious Creator and 1 Million Bitcoins

Bitcoin, approaching ten years since its introduction, has been through an interesting period with substantial fluctuations in its value. More recently, there has been a shift in the perception of the role it plays in financial activities in a period that has seen government and established financial institutions utilizing blockchain technology internationally. Bitcoin was introduced as […]

UK FCA Probes 24 Crypto Businesses in ‘4th Most Crypto-Friendly Nation’

UK FCA Probes 24 Crypto Businesses in '4th Most Crypto-Friendly Nation'

The Financial Times reported that the UK’s Financial Conduct Authority (FCA) has launched an inquiry into 24 “unauthorized” businesses that are involved with cryptocurrencies; additionally, they are investigating several related whistleblower reports. Through a freedom of information request made by accountancy and consulting firm, Moore Stevens, the FCA has revealed that it is attempting to […]