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Mega banks rack up penalties from illegal activities

INVESTIGATIONS

Monday, 28 December, 2020 at 07:49 GMT
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan...
New wordpress plugin allows ad revenue in ethereum

INDUSTRY

Friday, 11 December, 2020 at 09:57 GMT
WordPress, an open-source content management system accepted a new plugin on its platform that allows the content publishers to auction advertisement space for Ethereum. Dubbed ‘EthereumAds’, the WordPress plugin plans to compete with Good Adsense with the new advertising...
Basic concepts & blockchain functioning

PREVIEW

Thursday, 10 December, 2020 at 14:12 GMT
When starting to study blockchain development, you need to familiarize yourself with the main concepts. First of all, these are terms such as blockchain, decentralization, consensus mechanism, Ethereum, and smart contracts. Do you want to become a blockchain developer? Then, be...
Hackers demand $34m bitcoin ransom from taiwanbased foxconn

WARNINGS

Tuesday, 8 December, 2020 at 06:15 GMT
Ransomware attacks are another cyber-threat increasing rapidly in the past weeks. One of the latest victims is Foxconn, a Taiwanese multinational electronics contract manufacturer. The attackers are demanding a Bitcoin ransom worth millions of dollars to return stolen and...
Us occ seeks to ban discriminatory practices against crypto businesses

INVESTIGATIONS

Saturday, 21 November, 2020 at 07:20 GMT
The US Office of the Comptroller of the Currency issued a regulatory proposal that seeks to ensure that crypto businesses enjoy the same facilities when it comes to having a bank account as any other legitimate endeavors. The OCC wants to end the silent discrimination against...
Covid19 impact on the blockchain market

INDUSTRY

Tuesday, 27 October, 2020 at 00:00 GMT
The COVID-19 impact on the blockchain market is supposedly rather pleasant than the various other walks of professional life. The combination of a systemic ledger technology aka Blockchain and Internet-of-Things (IoT) functionality of interlinking instruments through the internet...
South korean mp calls on seoul to ‘urgently’ boost crypto innovation

INDUSTRY

Wednesday, 7 October, 2020 at 05:00 GMT
A politician has called on South Korea to “urgently” prioritize the development of crypto security technology – stating that blockchain-powered finance is now an inevitable reality for the country, and the rest of the world. ...
Chainalysis to fight cybercrime and money laundering

INVESTIGATIONS

Friday, 18 September, 2020 at 17:50 GMT
The Wyoming Division of Banking has turned to blockchain analytics firm Chainalysis in an effort to combat cybercrime, money laundering and other criminal activities. Wyoming to Work Closely with Chainalysis The news of the partnership was announced on Chainalysis’ blog on ...
South korea to deploy blockchain voting in apartments

INDUSTRY

Thursday, 17 September, 2020 at 10:22 GMT
The South Korean Government is working on integrating blockchain technology into people’s homes to make it easier for them to vote and enjoy other services ...
Huobi crypto exchange expand presence in russia

INDUSTRY

Saturday, 22 August, 2020 at 13:03 GMT
Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor as part of its Russian expansion plans. He will help develop the company’s market in the region. According to the announcement, he had previously served as partner and CEO of Huobi...

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