Technology

UN is working with Mongolian farmers to deliver sustainable cashmere using blockchain technology.

The UN has piloted a project in Mongolia that aims to help farmers deliver expensive cashmere wool using the blockchain technology. According to the Forbes report, blockchain technology would help highlighting producers who are following sustainable practices. Mongolia is...

The US SEC produces evidence proving Telegram’s involvement in post-ICO sales.

The US Securities and Exchange Commission (SEC) on Friday filed documents in ongoing cases with Telegram. The filing states that the evidence of post-ICO sales undercuts the company's argument that the offering was exempt from registration requirements. Telegram was...

Crypto exchanges in Brazil may soon lose bank support.

The commercial bank in Brazil, Banco Bradesco, has refused to honor any agreement that prevents the bank from closing crypto exchanges' accounts. This decision by one of the major commercial banks in the South American country might imply that...

Virgil Griffith released on bail after ten days of delay.

Virgil Griffith, who was recently indicted for "conspiracy to violate the International Emergency Economic Powers Act," has been released on bail. Virgil was arrested in November for illegally traveling to North Korea and giving a presentation on blockchain and...

Elon Musk leaves the crypto community guessing with his bitcoin tweet.

The co-founder of PayPal, Elon Musk, tweeted that bitcoin is "not" his safe word. This is not the first time Elon had tweeted about the bitcoin. Elon Musk is among the most influential and powerful technology entrepreneurs in the...

Bitmain employees protest against the mass layoff.

China-based Bitmain earlier revealed that it is planning to layoff half of its employees this month. The decision for a mass layoff was criticized by the Co-founder Micree Zhan, who is no longer an active part of the executive...

Blockchain-based social media app Voice hires Forbes executive as CEO.

The social media app Voice is built on EOS blockchain and the company behind the EOS, Block.One, spent $30 million to buy the platform's domain name. The company first revealed its social media app back in June 2019.   Salah Zalatimo's...

Crypto exchange Deribit leaves Europe because of upcoming regulations.

In an official announcement, crypto derivatives exchange Deribit revealed that they will be relocating their offices from the Netherlands to Panama starting 10th February 2020. Deribit is not the only exchange that made such a decision. Earlier three crypto-related...

The Reserve Bank of Australia will not allow Facebook’s Libra even with strict regulations

The Reserve Bank of Australia has denied any hopes for allowing Facebook's stablecoin in the country. However, the central bank is bullish on the success of centralized stablecoin.   RBA does not see bitcoin taking off as a mode of payment...

Ripple collaborates with Thailand’s oldest bank to facilitate cross-border payments via QR codes.

Ripple demonstrated this application during its Swell conference in December. Ripple Labs, which recently raised $200 million in series c funding, will work with the Siam Commercial Bank to develop an app that would facilitate users to send money...

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Germany’s finance minister wants the EU to accelerate digital euro research.

Germany's finance minister Olaf Scholz, a noted crypto critic, has said that he wants the European Central Bank to...
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