R3 Corda Blockchain Completes a €500K Foreign Exchange Trade
Reuters reported on Thursday that Commerzbank and multinational group Thyssenkrupp successfully used the R3 Corda blockchain platform to complete a €500,000 forex transaction. The transaction uses a blockchain to store the entire transaction as a …
India’s 18% Crypto Tax, What are the Main Points of the Porposal?
India’s Tax on Cryptocurrency: Bloomberg announced yesterday that India may soon impose an 18% GST on cryptocurrency transactions despite the country’s legal ambiguity. At present, the Intermediate Indirect Tax and Customs Committee are reviewing the …
Crypto Screening for New US Department of Defense Recruits
Bloomberg reported on May 22 that recognizing Bitcoin as a form of foreign currency may have an impact on the decision of the US Department of Defense (DoD) to recruit new employees.
The …
New Malware MEWKit Can Hack Myetherwallet
According to security research firm RiskIQ, a criminal group planned a phishing attack using a malware called MEWKit.
A Phishing Attack Program Called MEWKit
This new type of phishing crime is called MEWKit. …
Visa UK’s Former CEO Joins Crypterium
Last week, on May 19, former Visa UK and Ireland CEO Marc O’Brien said in an interview with Business Insider that he had been named CEO of a cryptocurrency startup named Crypterium. O’Brien was the …
Research says Bitcoin Power Consumption May Account for 0.5% of the World’s Energy
As Bitcoin grows, the level of power consumption needed to mine grows too. This is an area which is also receiving increasing attention. A new study published in the American Journal of Energy Academics Joule …
JP Morgan Creates and Appoints Strategic Director of Crypto Assets
According to a Business Insider report on May 17th, JPMorgan Chase, the leading US banking group and financial services company, recently created and filled a new position— the head of Crypto Assets Strategy.
Crypto … Read
Consensus Summit 2018; It’s Not All Positive
Consensus 2018 Updates: The Consensus summit is an industry event famed for creating excitement and price hikes in the cryptosphere. However, while there was much positive news to write home about, the Consensus also shed …
Microsoft May Build Identity System with Bitcoin’s Lightning Network
Microsoft’s New Identity System: Microsoft, the world’s sixth-largest IT company, announced its blockchain-based distributed identification system at Consensus Conference 2018, The identification system is used to monitor cryptocurrencies and the stock market.
For …
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