2018 - Page 2 of 97

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18, the Chinese Central Bank’s 2020 video conference on scientific and technological work was held in Beijing. The meeting focused on the technological achievements … Continue reading China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and … Continue reading Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy

The Chinese government issued a new “Beijing Action Plan” aiming to accelerate the inclusion of new emerging technologies in the country’s economy. China aims to leverage new technologies including artificial intelligence (AI), 5G, industrial internet, blockchain, big data, and others to promote the steady growth of Beijing’s economy post-pandemic. China has also encouraged the construction … Continue reading China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy

‘Rich Dad, Poor Dad’ Author Kiyosaki Praises Bitcoin, and Says “Bitcoin is In, Real Estate & Gold are Out”

In a talk radio segment, New York Bestseller Robert Kiyosaki and crypto investor Anthony Pompliano discussed the growth of Bitcoin (BTC) and the major role the cryptocurrency will play in the future. Kiyosaki rose to fame when he published “Rich Dad, Poor Dad” in 1997. The Japanese American author took it upon himself to educate … Continue reading ‘Rich Dad, Poor Dad’ Author Kiyosaki Praises Bitcoin, and Says “Bitcoin is In, Real Estate & Gold are Out”

‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud

AML BitCoin lobbyist Jack Abramoff has pleaded guilty to multiple accounts of fraud associated with the 2018 Initial Coin Offering (ICO) for AML BitCoin. Along with CEO of the NAC Foundation Marcus Andrade, he was charged in June by the Securities and Exchange Commission (SEC) for conspiracy to defraud investors, conspiracy to wire fraud and violation of the Lobbying Disclosure Act. Abramoff admitted by phone to having conspired … Continue reading ‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers. Shots Fired By US Congress Topics that were discussed ranged from data privacy breaches to investigations of the companies’ treatment of their competitors. The CEO tech moguls have been on … Continue reading ‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock

This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year. Bitcoin Breaks Record in 2020 Needless to say, investors have been closely monitoring Bitcoin (BTC)’s bullish behavior in the market after the digital asset surprised the cryptocurrency community by pulling itself out of a long-time slump last … Continue reading Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock

Bank of England is for Stablecoin and CBDC, but Says ‘Bitcoin Has No Connection at All to Money’

In a virtual conference, the governor of the Bank of England Andrew Bailey shared his views on Bitcoin and said that the cryptocurrency “had no connection at all to money.” Though the central bank governor appeared to disfavor Bitcoin (BTC) as a payment method, he did reiterate that there were many benefits to adopting central … Continue reading Bank of England is for Stablecoin and CBDC, but Says ‘Bitcoin Has No Connection at All to Money’

United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

The House of Representatives will vote for the first time on a bill that specifically aims to ensure the United States remains competitive with China in the race for blockchain and technological supremacy when it meets via webinar to discuss the American COMPETE act. The American Competitiveness of a More Productive Emerging Tech Economy Act … Continue reading United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets and dark web marketplaces as top threats. Privacy coins increasingly used in crime According to the report, privacy-enhancing wallets have emerged as a top threat, due to the rise in popularity of privacy coins. Privacy enhancing coins … Continue reading Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’