New York Times Experiments with Blockchain to Combat Fake News

The New York Times made an announcement regarding their new project by their research and development team focused on experiments using blockchain. They are finding a solution to combat misinformation, adulterated media issues that harm publishers. This solution can be used by the media industry globally in the future. Their News Provenance Project plans to … Continue reading New York Times Experiments with Blockchain to Combat Fake News

Tether Deny Bitcoin Bull Run Manipulation

Reporting on allegations made against Tether’s parent company iFinex, Tether has released follow up comments to deny any wrongdoing in the market.  The USDT backed stable coin quickly published responses stating, Tether and its affiliates have never used Tether tokens or issuances to manipulate the cryptocurrency market or token pricing. All Tether tokens are fully backed … Continue reading Tether Deny Bitcoin Bull Run Manipulation

Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

According to a report, the Shenzhen Municipal Bureau of Local Financial Supervision said that the Office of the Leading Group for Special Remediation of Internet Finance Risks in Shenzhen has warned about the seeming resurfacing of illegal activities as a result of interest in cryptocurrency, and thus, the office noted that it would begin conducting … Continue reading Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the … Continue reading Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

There has been a recent report of an online breach in five United States law firms as it has been compromised by hackers demanding two 100 Bitcoins (over $933,000 at the time of this report) from each firm. The ransom demanded by the hackers was expected to be paid in parts, one to allow access … Continue reading US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

How Blockchain Can Uphold Creators' Rights and Copyright Law

The Tantive IV’s reactors worked at full power as it attempted to outrun the Imperial Destroyer Devastator as heavy turbo laser fire lit the dark space around both spacecraft. But the slower corvette was no match for the massive hulk of a Star Destroyer. The Devastator‘s gunners scored a direct hit on the Tantive IV‘s … Continue reading How Blockchain Can Uphold Creators' Rights and Copyright Law

Once Upon a Time in Blockchain: The Reinvention of Storytelling

American author Stephen King once said that stories are relics, part of an undiscovered and pre-existing world.  I happen to agree with such a statement. Stories are fascinating, timeless things. They existed long before you and I made our entry into this world, and will forever remain long after we’ve become grains of sand drifting … Continue reading Once Upon a Time in Blockchain: The Reinvention of Storytelling

Algorand's Blockchain Based COVID-19 Global Survey Shares Real-Time Public Pandemic Data

Algorand, the first pure proof-of-stake (POS) blockchain created by cryptography pioneer and Turing award winner Silvio Micali, has launched a global Coronavirus (Covid-19) survey. The company published a blog post on March 27 announcing its ‘IReportCovid’ survey app. The aim of the survey is to compile a public database to share information on the spread, status, and symptoms of the … Continue reading Algorand's Blockchain Based COVID-19 Global Survey Shares Real-Time Public Pandemic Data

Crypto Domains Made Available on Opera Browser Boosting Blockchain Adoption

Unstoppable Domains, a technology company building domains on the blockchain network, announced in a tweet the integration of ‘.crypto’ domain with the Opera browser. The ‘.crypto’ domain has now gone live on the Android version of the Opera app which is also the first major browser that has supported the domain which is not part of DNS.   The integration … Continue reading Crypto Domains Made Available on Opera Browser Boosting Blockchain Adoption

IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

Updated on 21/07/2020 11:00 AM HKT The Internal Revenue Service (IRS) has requested help from independent consultants to crack down on non-compliance in cryptocurrency tax. On May 12, the IRS sent out a Statement of Work (SOW) soliciting private contractors to aid in auditing tax returns related to cryptocurrency and virtual assets. An email first … Continue reading IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

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