The mining pool of HDAC, a Korean blockchain-based IoT platform and issuer of the Hyundai-DAC token (DAC), has been hacked. This forced the company to temporarily halt withdrawals, TokenPost reported Thursday, May 24. HDAC’s founder Chung Dae-sun is the nephew of the CEOs of Hyundai Group and Hyundai Motors, the...
Sellers of counterfeit, illegally-made receipts help businesses take advantage of tax loopholes in China, but that’s set to change with the application of blockchain technology in the handling of digital invoices.
The Financial Conduct Authority (FCA) is launching investigations into 24 different cryptocurrency companies. The U.K.’s financial watchdog did not name which specific businesses they were inspecting.Crypto Firms Come Under Scrutiny in the UKAccording to reports in U.K. news publication CityWire, the U.K.’s financial watchdog, the FCA, is looking at...
The Blockchain Industrial Park in the eastern Chinese city of Hangzhou has announced subsidies for individuals and startups in the blockchain space worth mlns of dollars. ...
Law enforcement for cybercrime will be negatively affected by the GDPR, e-crime exec believes, after new report shows $1.2 bln in crypto stolen since 2017. ...
Addy Crezee shares secrets and observations about upcoming BlockShow Europe. ...
9 July 2018 will take place the Cryptospace Berlin, which will gather more than 1200 participants and 30 speakers from around the world. 1st Cryptospace conference took place in Moscow on December, 8, 2017 with more than 3 000 delegates. It was the biggest crypto and blockchain event in Russia...
US transport giant Norfolk Southern Corp. is joining the Blockchain in Transport Alliance (BiTA), which has already gathered 250 members since 2017. ...
Bangkok Bank has become the latest institution to join a trade finance initiative from R3 and TradeIX. ...
Blockchainhas become somewhat of a buzzword in the financial sector. Many people have high expectations for this revolutionary technology. However, some critics claim the financial sector needs decentralization, rather than more proprietary solutions. There are some reasons as to why this latter approach may be preferable.