North America

Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country.

USA

New York Police warns public against bitcoin scammers: The New York Police Department (NYPD) has warned state residents against telephonic scammers who pretend to be government officials demanding payment in bitcoin and other cryptocurrencies.

According to Nilda Hoffmann, the chief of Community Affairs at NYPD:

“Sophisticated phone scams use the trust victims have in their own governmental and law enforcement agencies against them. Victims of this type of phone scam are not limited to senior citizens-these criminals are targeting every strata of society and every demographic is vulnerable”

These latest efforts according to the government department include spoofing, a technique that manipulates caller IDs to display government agency phone numbers.

Amazon blockchain goes live: Latest Blockchain-as-a-service product from Amazon has gone live according to Jeff Barr from Amazon Web Services. The new service is called Amazon Managed Blockchain and can use the Hyperledger Fabric open source framework with Ethereum adoption in the works.

According to Michael Fauscette:

“The use case ideas are really exploding around blockchain in a way that will drive in a wave of adoption that will happen faster than others,”

Massachusetts regulator starts fintech advisory: The Commonwealth Secretariat of Massachusetts office has formed a new fintech advisory group that can help blockchain related fintech startups growing in the state.

The regularization of bitcoin and other cryptocurrencies will also fall under the new group.

FedEx CIO calls blockchain essential and inevitable: FedEx Corporation Chief Information Officer Rob Carter has gone on record to say that blockchain will become inevitable and essential within a few years.

Carter is one of the known proponents of blockchain technology in the shipping industry. He also believes that blockchain will help improve aerospace, pharmaceuticals, automotive and healthcare sectors.

More than 1 in ten Americans own cryptocurrencies: More than one in ten Americans own cryptocurrencies according to a recent survey by VC firm Blockchain Capital. More accurately, 11% of the local populace own Bitcoin with a majority of the younger demographics more interested in the industry.

But, the ownership of btc at any moment is subject to the latest price trends of Bitcoin. In the event of an upward bull run, the number of citizens using cryptocurrencies increases and vice versa.

John McAfee launches bitcoin debit card: Eccentric yet popular bitcoin billionaire John McAfee has launched his own bitcoin VISA debit card for the crypto community according to latest reports. To make things simple and to the point, McAfee put his own face on the card so that users will know exactly whose product this is.

The cards will be used for direct purchasing with crypto and even cash conversion/payments. The first batch of 12000 atm cards will be released by McAfee and after that, the cards will continue to come but without his face on them. It is yet unclear how financial institutions will react to this card as McAfee has a maverick way of doing things.

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