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Mysterious Death of Everest Sherpa On ICO Stunt Climb

An ICO publicity stunt staged at Nepal’s Mount Everest led to the death of one person last week, the Financial Times’ Alphaville reported recently. The stunt, organized by Ukranian global social networking site ASKfm, was staged in order to promote the company’s initial coin offering by placing a ledger wallet holding the new tokens at the summit. YouTube’s promotional video …


Asia and Australia: Crypto and Blockchain News Roundup, 18th to 24th May 2018

Asia and Australia: Crypto and Blockchain News Roundup, 18th to 24th May 2018

Asia and Australia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. China China arrests 98, recovers $266 million in OneCoin Ponzi: Chinese government machinery in the ZhuZhou County Protectorate has arrested 98 culprits involved in the infamous OneCoin cryptocurrency …


“Show Me The Money”, Say Asian Crypto Investors

“Show Me The Money”, Say Asian Crypto Investors

At the Blockchain Week recently held in New York, it emerged that two quite distinct differences exist between the Asian crypto market and the West. In the US, initial coin offerings are about ideas rather than returns and vice versa when it comes to Asia, according to Coindesk interviews conducted at the conference. Asian investors want returns more quickly than US investors, …


China Central TV Warns Off Bitcoin Investors

China Central TV Warns Off Bitcoin Investors

China Central TV has run a news story warning the Chinese public and investors about the related pitfalls of cryptocurrency, China Banking News reports. The report, entitled ‘Blockchain Cryptocurrency Bubble Accumulates’ (区块链”代币泡沫堆积), is one of many following last years ban in China on ICOs. This report cites an investor named Yang Chao as an example of the misfortunes of crypto …


Asia and Australia: Crypto and Blockchain News Roundup, 11th to 17th May 2018

Asia and Australia: Crypto and Blockchain News Roundup, 11th to 17th May 2018

Asia and Australia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Japan Regulator shows sharp increase in crypto-related inquiries in Q1 2018: Japan’s top financial authority Financial Services Agency (FSA) has disclosed latest numbers on cryptocurrency trading in the …


7 Banks Join Infosys Blockchain Trade Finance Solution

7 Banks Join Infosys Blockchain Trade Finance Solution

Multinational technology service and consultancy corporation Infosys, has created a blockchain-based finance solution utilizing a document tracking system. The platform is currently used by seven banks in India. This includes Axis Bank, ICICI Bank, IndusInd BankNSE, Kotak Mahindra Bank, RBL Bank, South Indian Bank and Yes Bank. India Trade Connect As reported by the Economic Times, the solution has been entitled India Trade …


Clearer Ground Rules for Thai Crypto Space

Clearer Ground Rules for Thai Crypto Space

Thailand has clarified its position and some new rules regarding the holding and purchasing of cryptocurrencies in a royal decree published on 13 May on a royal gazette, according to the Bangkok Post. The Royal Thai Government Gazette, frequently abbreviated Government Gazette (GG) or Royal Gazette, is the public journal and newspaper of record of Thailand. Laws passed by the government …


Taipei Bank Sets the Pace in Taiwan with Blockchain Payments

Taipei Bank Sets the Pace in Taiwan with Blockchain Payments

Taipei bank Fubon Commercial is reported to be the first of Taiwan’s banks to introduce a blockchain-based payment system, reports the Taipei Times. The bank will essentially use the payment system for restaurants and merchants serving the National Chengchi University. It suggests that transaction times will now be cut to less than a second, adding that businesses will benefit from improved bookkeeping …


Fishy Tales on Blockchain from Sea to Table

Fishy Tales on Blockchain from Sea to Table

At New York’s Ethereal Summit on 11 and 12 May, hosted by Ethereum startup ConsenSys, attendees were treated to a documentary film showing the advantages of blockchain supply train tracking, reports Coindesk. The film, entitled ‘Bait to Plate’, produced by Viant, an Ethereum-based supply chain management startup, charted the journey of a huge Yellowfin tuna caught in the waters off …


India Rich in Crypto Skills Despite Government Hard Line

india, bitcoin, blockchain, software development

A recent study in India by HR company Belong has revealed that over 5000 Indian software developers have the necessary skills to work on blockchain and cryptocurrency projects, reports Inside Bitcoins. The study claims that out of an estimated two million software developers, 0.25% of them have the skills required for blockchain development and cryptocurrencies, such as data science, algorithms, and …


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