Mayor of cash-strapped Louisiana City pitches ICO!

Joel Robideaux, the mayor-president of the Louisiana city and parish of Lafayette, urged local residents on Thursday to consider launching an initial coin offering (ICO). Lafayette parish is in dire financial straits, officials say. A presentation given by the town in March stressed that property tax revenues are insufficient and that a fund used to finance operations is running dry. The measures put forward to address the situation included raising … Continue reading Mayor of cash-strapped Louisiana City pitches ICO!

Bitcoin thief could be caned for $300K robbery in Singapore!

Two Bitcoin brokers in Singapore were reportedly assaulted and robbed of nearly $300,000 in cash during an in-person meeting with a prospective seller. According to an announcement from the Singapore Police Force Thursday, the incident happened on April 8th. Following a report to the police, a suspect was later identified and arrested, and is currently being charged with robbery. If convicted, the police force said the suspect … Continue reading Bitcoin thief could be caned for $300K robbery in Singapore!

Ripple invests $25 Million for Blockchain and digital assets!

Ripple invested $25 million in XRP to Blockchain Capital Parallel IV, LP — the first fund to accept capital calls in digital assets — and focus entirely on the development of the blockchain space. The $150 million fund managed by Blockchain Capital will invest in entrepreneurial teams that are building businesses using blockchain technology. The investment will also provide an opportunity to identify new use cases for the XRP … Continue reading Ripple invests $25 Million for Blockchain and digital assets!

Open Innovation Platform – What Blockchain brings?

Federal Ministry for Economic Affairs and Energy is currently looking for application examples and ideas for how Blockchain can add value to u. a. education, energy, health, transport and administration. It invited representatives of these industries and Blockchain experts to exchange views with the ministry. The results will be presented at the CEBIT in June. The Open Innovation Platform of the Intelligent Networking Initiative of … Continue reading Open Innovation Platform – What Blockchain brings?

Consumer crypto mining attacks up 4000% in first quarter!

Cybercrime Tactics and Techniques first quarter 2018 report is out and reveals a boom in crypto mining operations aimed at consumers. Cyrbermining skyrockets in consumer sphere According to statistics gathered by Malwarebytes in the report, Android crypto-miners have increased by 4000% since the beginning of 2018. With consumer detection at around 16 million by March, while ransomware was down 35% from the previous quarter. A trend that … Continue reading Consumer crypto mining attacks up 4000% in first quarter!

First German association will promote Blockchain technology in Germany!

Federal Council published a German version of its position paper on token regulation. The revised version of the paper goes beyond the original version. We took a look at the new paper and reiterated the key points. Since last summer, Lobbying wanted to influence policymaking in Blockchain applications and to improve the framework for the technology. In February, shortly after the coalition agreement was signed, the position paper … Continue reading First German association will promote Blockchain technology in Germany!

Arizona’s corporate Blockchain bill becomes law!

Arizona just advanced its ranking among blockchain-friendly states, bringing corporations one step closer to submitting all of their data on distributed ledger technology. Governor Doug Ducey has signed House Bill 2603, or the Corporations/Blockchain Technology bill, as an amendment to the Arizona Revised Statutes, which already supports “signatures and records secured through blockchain technology and smart contracts.” With the amendment, data that’s stored and shared by corporations on the … Continue reading Arizona’s corporate Blockchain bill becomes law!

Justin Sun’s Tron “Marketing Stunt” draws sharp reply form Vitalik Buterin!

Tempers often flare in the world of cryptocurrency. With so many different opinions and “egos” to deal with, clashes are unavoidable. Justin Sun, founder of the Tron Foundation, has attracted the attention of Vitalik Buterin. Calling Tron better than Ethereum is definitely a stretch, as it is the same as comparing apples with pomegranates. The Justin Sun Statement That Started it All Earlier this week, Tron Foundation … Continue reading Justin Sun’s Tron “Marketing Stunt” draws sharp reply form Vitalik Buterin!

Coinbase exchange will support withdrawal of Bitcoin Forks!

Coinbase announced that it will support the withdrawal of Bitcoin forks across Coinbase products in the coming month, a Coinbase Medium post stated April 5. While the exchange announced that this will make the withdrawal of assets associated with Bitcoin forks more convenient, Coinbase stresses that they are not announcing trading support for any specific assets at the time. Coinbase has no plans to support new forked assets in Coinbase Commerce. … Continue reading Coinbase exchange will support withdrawal of Bitcoin Forks!

Bitcoin, Ethereum prices remain steady despite ‘crypto ban’ from India’s Central Bank!

Crypto markets are holding their own this week, with Bitcoin (BTC) not venturing too far away from $7,000, even amid news that India’s central bank would stop dealing with crypto-related businesses. The relatively steady prices could be attributed to a big adoption win in Asia yesterday, when Omise and OmiseGO signed a Memorandum of Understanding for fintech and Blockchain innovation with a South Korean banking affiliate. BTC is currently trading for around $6,880, up a little more … Continue reading Bitcoin, Ethereum prices remain steady despite ‘crypto ban’ from India’s Central Bank!