Stablecoins are becoming big business these days. In a $15 million deal, Andreessen Horowitz’s a16z crypto fund is buying 6 percent of the total MakerDAO maker (MKR) token supply. The investment will give a16z a financial and governance stake in the dai stablecoin. A16z made the announcement today, September 24, 2018. MakerDAO also received $12 […]
Canada has set the pace as the first government to ever approve an exclusive bitcoin mutual fund. This builds upon its reputation as a friendly environment for emerging technologies. The atmosphere in Canada seems to be freer and more conducive to innovation in this field, based on the numerous developments that the industry has experienced […]
DarkWallet developer and 3D-printed gun proponent Cody Wilson, who was arrested over the weekend in Taiwan and subsequently returned to the U.S., has been released on bond, local media outlets have reported. The arrest of Wilson was covered on CCN in an earlier article where he was reported to have allegedly sexually assaulted a 16-year-old […]
SBI Remit, a Japanese money transfer company, is teaming up with a venture-backed firm to use its new treasury management service that uses the blockchain for increased transparency and liquidity to small and medium-sized businesses operating between Japan and Africa. SBI Remit and BitPesa The service is provided by BitPesa, which has raised $10 million to […]
Civic, a digital identity firm, has collaborated with Brave, the privacy-based browser with a blockchain-based digital advertising platform, to provide identity verification services to Brave’s content creators. Verified content creators on Brave now have the option of verifying their identities using Civic’s identity verification service in order to get paid Basic Attention Tokens (BAT) via […]
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. And it doesn’t seem as if this trend will die down anytime soon. What Is Cryptojacking? Cryptojacking has asserted itself in […]
A Venezuela-based company has introduced the first SMS wallet service exclusively for Dash transactions, enabling payments to be sent and received in the country without a smart phone or internet connection. Venezuela Turns to Dash Last month, Ryan Taylor, CEO of Dash Core Group, said that it was “seeing tens of thousands of wallet downloads from […]
Walmart will begin tracking leafy greens using IBM’s blockchain technology starting late next year, the company announced Monday.
A new report from the Bank of International Settlements (BIS) contends that bitcoin markets are swayed by news events related to regulation.
North Korea is reportedly ramping up the use of cryptocurrencies to evade US economic sanctions. It’s also alleged that the country is developing its own native crypto asset to further assist moving money across borders, according to a duo of financial intelligence analysts from Washington D.C. North Korea Allegedly Uses a Mixer to Launder Money Using […]