People who have lost their entire savings to fraudulent bitcoin investment schemes advertised on Facebook are turning suicidal, Martin Lewis says. The U.K.-based consumer advisor, who runs MoneySavingExpert.com, blamed Facebook for causing the financial catastrophe by promoting scam ads on its trusted social network, many featuring himself. Lewis in April launched a lawsuit against the […]
Bitland, one of the first startups to use blockchain technology to create a land registry, has been named to Time Magazine’s “50 Most Genius Companies” list. Time asked its global network of correspondents to nominate businesses that are inventing the future, then evaluated candidates on originality, influence, success, and ambition. The companies are listed in alphabetical order. […]
Charities are increasingly accepting of cryptocurrencies as donations. This potentially exposes them to the same level of risks and rewards as those investing in the space. Charities Take Cryptocurrency Risk Giving Wealthy Donors Tax Breaks Thanks to nuances in U.S. tax legislation, many individuals that have been newly enriched by cryptocurrency are favouring making donations […]
According to Rebecca Harding, a financial journalist and the acclaimed author of “The Weaponization of Trade: the Great Unbalancing of policy and economics,” major financial institutions are waiting to invest in the crypto market. Harding, who operates as the CEO of Coriolis Technologies, a trade technology company that provides services to major banks and corporations […]
OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice. […]
BlackBerry announced Thursday it was working with ONEBIO to support a new blockchain platform aimed at storing and sharing medical research data.
There has been a long held and persisting debate in the cryptocurrency community as to whether or not XRP, the cryptocurrency commonly associated with Ripple, is truly useful, or if it simply a cash grab by Ripple. Despite this, detractors are beginning to take note of the widespread utilization of XRP, making some of them […]
Air France-KLM have announced that it will be exploring the potential benefits that blockchain technology can bring to its business model. The air travel giant will be working with Winding Tree to bring increased efficiency and savings to both customers and businesses alike. Can Blockchain Bring Savings to Airline Users? According to a press release […]
The EU’s financial markets watchdog is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities in 2019.
Ethereum core developers announced a delay in plans to launch Constantinople, ethereum’s upcoming system-wide upgrade, on the test network.