Technology

Twitter bans bitcoin addresses after the major security breach.

The social media giant Twitter witnessed one of the worst hacks in its history as accounts of prominent personalities like Jeff Bezos, Joe Biden, Barack Obama got hacked. Hackers posted tweets soliciting bitcoins and promising to double it. Within...

The Bank of Thailand tests its CBDC with local businesses.

The central bank of Thailand will test its central bank-backed digital currency with local businesses before the mainstream launch. According to The Nation Thailand report, Thailand’s central bank has progressed to the third phase of development of its digital...

The US Food and Drug Administration considers blockchain for food security.

The United States Food and Drug Administration (FDA) released a blueprint and pilot research for food safety, highlighting blockchain tech as a viable option for some of the identified challenges that can be solved with it. The blueprint released earlier this...

Chinese government includes blockchain jobs to its official list of occupations.

China's Ministry of Human Resources and Social Security recently announced that two blockchain occupations, "Blockchain Engineer" and "Blockchain Application Operator," have been added to the list of official occupations. The list is updated every year to add new occupations...

South Korean regulators seek to impose a 20% tax on cryptocurrencies.

According to local reports, the South Korean government is seeking to impose a 20% tax on digital currencies. The East Asian country has been working on digital currency taxation for several months now. Earlier, the Ministry of Economic and...

The US Secret Service will use Coinbase’s blockchain analytics service.

According to the United States directory for government contracts, USASpending.gov, the Secret Service paid $183,750 for a four-year contract with the crypto exchange that allows them to use its blockchain analytics service. The agency began using Coinbase Analytics on...

The People’s Bank of China plans to test its national digital currency on food delivery platforms.

According to the Bloomberg report, the People's Bank of China (PBoC) is planning to test its national digital currency (DCEP) on platforms operated by Meituan Dianping, enlisting the food delivery giant backed by Tencent Holdings Ltd. The country is...

Swipe-powered Binance card to make a debut in Europe.

Binance's highly-anticipated crypto debit card, Binance Card, is officially debuting in the European Economic Area or EEA countries. The EEA-based users will be able to apply for a Binance Card starting next month. While the United Kingdom will follow...

Payments giant PayPal reveals it is developing crypto capabilities.

In a letter to the European Commission in March, the payment giant PayPal said it is "monitoring the evolution of the crypto-asset space" and has taken "unilateral and tangible steps to further develop its capabilities in this area." The...

Crypto scammers reportedly stole $24 million in Bitcoin in the first six months of 2020.

Crypto scammers reportedly stole around $24 million in bitcoins in the first six months of 2020. According to the Whale Alert and Scam Alert report, some $38 million in bitcoin was stolen over the past four years, not including...

Latest News

Twitter bans bitcoin addresses after the major security breach.

The social media giant Twitter witnessed one of the worst hacks in its history as accounts of prominent personalities...