A Columbia, Missouri, man pleaded guilty in United States federal court yesterday to attempting to purchase a chemical weapon on the dark web using Bitcoin. A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical … Continue reading Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase
China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs for small and medium enterprises (SMEs) in this sector. Tackling sluggish financing The transaction also deployed the internet of things (IoT) to hasten to finance, as this has been a challenge faced by many enterprises. It involved Nanchu … Continue reading China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance
The White House issued two advisories on illicit drug purchases in the United States on Wednesday, referencing the role of cryptocurrencies allegedly used in these transactions. The advisories addressed to several financial institutions and digital payment platforms, stating that cryptocurrencies can be and have been used for illicit drug purchases, targeting Bitcoin, Bitcoin Cash, Ethereum and Monero in … Continue reading White House Cracks Down on Cryptos Used for Purchasing Illicit Drugs
Rounding off our exclusive interviews for the 2019 Belt and Road Summit, jointly organized by the Hong Kong Trade and Distribution Council (HKTDC) and the HKSAR Government, we share three brief insights from Reza Esmkhani, Consul of Economic & Political Affairs, Iran Consulate General; Miss Noor Ezzwanee binti Ahmad, Trade Commissioner of Consulate General of … Continue reading Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle
The latest report shows that Dell uses VMware’s blockchain solutions to trace and track oceanic plastics and packaging materials. VMware’s Pratima Gluckman elaborated on the details concerning how Dell and VMware are working on this project. She said that as firms continue innovating technological solutions, there are always challenges that emerge. Therefore, Dell and VMware … Continue reading Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials
Fashion for Good, PVH Corp, C&A Foundation & Organic Cotton Accelerator, Bext 360, and Zalando have successfully collaborated on a blockchain pilot project that traces organic cotton from farm to consumer. Notably, in recent years, there has been intense pressure for transparency to be incorporated into the fashion value chain from consumers and governments. In … Continue reading Blockchain Enhances Traceability of Organic Cotton from Farm to Consumer
Cannabis and cryptocurrencies appear to share many things in common. Both industries face several challenges from political, regulatory, and financial issues. Their bases appear to overlap as both industries are popular among younger generations. Besides such shared traits, cannabis and cryptocurrencies operate on complementary business models, which promote each other as adoption in the two … Continue reading Why Young Investors are Increasingly Investing in Crypto and Cannabis
US authorities are tightening regulations on cryptocurrencies. On Oct 8, the US Department of Justice (DOJ)’s Attorney General William P. Barr introduced the Cryptocurrency Enforcement Framework report, following the news that UK’s financial watchdog Financial Conduct Authority (FCA) banned crypto derivatives trading for retail investors. In the report, it mentions mainstream cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ether … Continue reading DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple
The IOTA Foundation, a non-profit distributed ledger technology-focused foundation announced its partnership with a Japanese national agency to strengthen the security, longevity, and durability of the critical infrastructure in the country. The project was funded by a national research and development agency, New Energy and Industrial Technology Development Organization (NEDO), which the IOTA Foundation partnered … Continue reading IOTA Foundation Partners with the Japanese Government to Create Digital Infrastructure with DLT and AI
Russian’s are using Bitcoin to support detained political opposition leader Alexei Navalny who was recently arrested at Moscow airport on Jan. 17 under the guise of a 2014 conviction. Since the arrest of Navalny, over 40,000 Russians flooded the streets of Moscow to demand Vladimir Putin’s staunchest political opponent be released over the weekend. Further … Continue reading Russia’s Detained Opposition Leader Alexei Navalny receives $120,000 in Bitcoin Donations as Protests Rage in Moscow