Provincial utility Hydro- Quebec has issued a new set of rules that blockchain companies will use to bid for electricity. The rules are in response to an Order-in-council adopted by the government.
Coinrail is planning to relaunch its cryptocurrency exchange services after suffering a major hack that led to the loss of millions worth of digital currencies.
Microsoft’s first major foray into the blockchain industry involves a partnership with EY for the development of a blockchain solution for royalties and rights.
Tether has released a report prepared by a U.S. law firm indicating that it possesses enough United States dollars to back its cryptocurrency.
Bithumb has reported that it was hacked a few days ago, making it the second South Korean crypto exchange to be hacked over the past few weeks.
Japan’s Financial Services Agency (FSA) is planning to impose administrative actions and tough penalties on cryptocurrency exchanges that have failed to install strict internal control systems.
A latest report from Bank For International Settlements (BIS) indicate that Bitcoin might break the internet if used to process all non-cash retail transactions taking place in the U.S.
A deficiency of regulated custody services for crypto assets has been one of the biggest barriers that have prevented institutional investors from venturing into the sector.
Recent attempts by Daniel Oberhaus, a writer at Motherboard, to uncover the mystery of Bitcoin creator Satoshi Nakamoto were unsuccessful as a Freedom of Information Act (FOIA) request he sent to spy agency, CIA, only received a ‘Glamor response’ which is neither a denial nor a confirmation.
South Korea is considering launching a zone that will be dedicated to blockchain and virtual currency firms with the aim of developing the ecosystem.
The United Nations Trade Department has authored a white paper, where the potential of blockchain technology is examined for the trade and supply chain industries. This marks a start towards blockchain involvement for the UN.
Research conducted by a team of two at the University of Texas has revealed that a pattern has emerged showing that at pivotal moments the Tether virtual currency was spent on Bitcoin and this assisted in driving the price of the flagship cryptocurrency to record highs.
Brad Garlinghouse, the CEO of Ripple, made a few controversial statements on bitcoin and blockchain technology, dubbed as hype.
SEC’s William Hinman, states that Bitcoin and Ethereum aren’t securities, yet many ICO-related tokens may in fact have the legal status of a security.
This public blockchain will provide key services like issuance of community tokens along with the digital authentication of the public and the document certification on the blockchain platform.
The South Korean Federation of Banks has announced blockchain-based user verification system that will allow bank customers to verify their identity via online platforms, or on their mobile banking applications.
A blockchain-based voting system will provide immutable records while removing all the potential election frauds.
These new rules will be towards stepping up measures for combating terror financing and money laundering.
The criminal case involves three individual alleged to inject software scripts to websites while drawing the visitors computer power to mine cryptocurrencies without their consent.
Ireland is aiming to become a leading hub for blockchain technology and an initiative branded Blockchain Ireland has been launched with a view of promoting innovation.