A court in Chile has ruled in favour of a state-owned Bancoestado, which recently closed the account of a cryptocurrency exchange — Orionx, without stating any reason for its actions. According to the Judge in charge of the ruling, the bank has “acted in compliance with laws on laundering and terrorist financing, a threat allegedly…
Read more
Hong Nam-ki, South Korea’s incoming finance minister, has recently made it known that he has plans to tax cryptocurrency, especially initial Coin Offerings (ICOs). Hong also made it known in a recent statement that a Taskforce made up of experts from both the private and public sector will be formed, with the goal of ensuring…
Read more
The number one killer of innovation is lack of funding. No matter how useful an innovation is or how much financially rewarding an idea is, if there are no funds to push and develop it, it will only remain as an idea and probably die. Fortunately, the invention of the internet which has aided in…
Read more
Binance which recently announced that it has created a Combined Stablecoin Market (USDⓈ) which is made up of several top-ranking stablecoins, has also made its known that it has added a new stablecoin, True USD (TUSD), to its combined stablecoin market. TUSD Added to Combined Stablecoin Market (USDⓈ) In an announcement today, the Binance team…
Read more
Artificial intelligence (AI) has found its use in several innovations ranging from online ads to search engine. Based on a recent report, AlGame Foundation has found a use for AI technology in online gambling. The tech company has made it known via a recent press release that it has launched its first public project called…
Read more
LPC (Light Pay Coin) blockchain project has been listed on our website for some time now and we are following with big interest in their development. Today we are glad to present – interview with the project’s CEO Damon Bryant. (CS) Your project description in two sentences. Light Pay Coin is a financial payment network…
Read more
Press Release November 20th, 2018 New York, New York Luxcore team members John McAfee, Cosmin Tudor and John Kim will be featured in a spot for InnovateTV, which will have its first airing in the United States on Wednesday, December 12th at 6:30am ET on the History Channel. Innovate TV airs to a national audience…
Read more
The Bahamas which has successfully established itself as a pristine tourist point of attraction has announced plans to become a force to reckon with when it comes to blockchain technology adoptions in years to come. This was made known by an NGO— Caribbean Blockchain Alliance (CBA) which is in collaboration with some institutions planning to…
Read more
Japan’s Financial Services Agency (FSA) has made it known that it has plans to regulate Initial Coin Offerings (ICOs) in Japan. The financial watchdog also made it known in its recently concluded meeting that two existing laws that can be applied to token sales will be amended. The Japan Financial Services Agency (FSA) According to…
Read more
Just last month the United State of Ohio made a major move towards adopting blockchain technology. The Ohio state tax office created a website through which residents of the state can pay for their tax using bitcoin. Another US state which has done something to push the adoption of blockchain technology in recent time is…
Read more
