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Monthly Archives: September 2020

Huobi Launches Trading App for Russian Users

Huobi cryptocurrency exchange has introduced a trading app targeted entirely at the Russian market. The Huobi app allows Russian traders to get access to various trading pairs along with different trading methods, such as limit and market orders. The app also provides users with price alerts, candlestick charts, real-time prices, […]

September 30, 2020

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Terror Financing Ring Used Bitcoin Coupons to Cover Their Tracks

French police has arrested 29 accomplaces financing a jihadist network in Syria. They have allegedly been supporting the operations of an Al-Qaeda affiliate terror organization, called “Hayat Tahrir Al-Sham” since 2019. To cover their tracks, the criminals reportedly used cryptocurrency coupons from licensed tobacco shops across France. The members of […]

September 30, 2020

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Samsung to Test Blockchain-powered Medicine Distribution Management

Samsung SDS has unveiled its plans to test series of projects for blockchain-powered medicine distribution management this November. The tests are aimed at ensuring transparency of pharmaceutical products tracking. Dubbed “Disruptive innovation technology for tracking drug distribution history,” the Samsung’s pilot programs were announced at the BioPharma Cold Chain Logistics […]

September 25, 2020

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Over 100 Million People Worldwide Use Cryptoassets

Over 100 million people worldwide use cryptocurrencies, according to the recent research from the Cambridge Centre for Alternative Finance.  As of the 3rd quarter of 2020, 101 million users opened 191 million accounts on cryptocurrency exchanges, compared with 35 million users with 139 million accounts in 2018. “This 189% increase […]

September 25, 2020

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Russia’s New Crypto Laws Require Users to Declare Their Wallets

Russia’s Finance Ministry (Minfin) has prepared a new draft bill on the  cryptocurrency regulation that enforce stringent measures regarding the usage of crypto wallets, local outlet Kommersant reported today. According to the draft bill, any legal entity or individual that received more than 100,000 rubles ($1,300) worth of crypto per […]

September 25, 2020

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Venezuela Legalizes Crypto Mining. Miners Must Join ‘National Pool’

The government of Venezuela has legalized cryptocurrency mining with the caveat that all local miners have to obtain licenses from the government and to be supervised by regulators. There have also been legalized available for mining data centers and mining equipment. Bitcoin and altcoin mining was legalized according to the decree […]

September 25, 2020

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Leading Crypto Assets Association Adds Visa, Goldman Sachs to its Board

The Chamber of Digital Commerce, the world’s leading crypto assets advocacy group has added Goldman Sachs Group Inc, Visa Inc, and SDX Digital Exchangeto its executive committee. The association also listed former Acting White House Chief of Staff Mick Mulvaney to its board. The Chamber of Digital Commerce will now […]

September 23, 2020

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China’s Central Bank Blacklists Local Crypto OTC Dealers

The People’s Bank of China (PBoC) has blacklisted accounts of major cryptocurrency traders within crackdown on money laundering in China. China’s central bank partnered with the local banks to share account information and transactional details to prevent the proliferation of unlawful funds, including crypto assets. Some crypto OTC accounts have […]

September 23, 2020

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Christie’s to Auction Part of Bitcoin-Inspired Artwork

Christie’s is set to sell one painting from Robert Alice’s “Portrait of a Mind,” a monumental series of 40 paintings carrying a transcription of the code behind the Bitcoin blockchain Christie’s will sell one painting from the series, “Block 21 (42.36433° N, -71.26189° E),” as part of its “Post-War and […]

September 23, 2020

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CIA to Use Blockcain in its New-Launched Arm

The Central Intelligence Agency (CIA) is launching a research and development arm with blockchain-related core activity. Known as CIA Labs, the new arm will also research artificial intelligence(AI), biotechnology, virtual and augmented reality, robotic advanced manufacturing, quantum computing, data analytics as well as other cutting-edge technologies. The CIA Labs will […]

September 23, 2020

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