Recently, popular Ethereum developer Virgil Griffith was arrested by the FBI for his educational efforts aimed at teaching blockchain technology in North Korea. According to our previous report, Griffith traveled there in spite of the U.S. sanctions prohibiting citizens from visiting the country, a specific note asking him to abandon his plans, and still performed activities authorities consider as jeopardizing. Ethereum co-founder Vitalik Buterin has now responded to the events, announcing...
Read More »Ripple Releases $1B XRP from Escrow Wallet
Ripple has unlocked one billion XRP from its escrow wallet on Sunday. It represents the supply issuance for the month in the agreement with its pre-decided schedule.At present estimations, this adds up to approximately $225 million. Right now, XRP is finding itself in a pretty much heavy position regarding its price. At the time of writing it is trading $0.22 (0.49% up within 24 hours). However, if it would fall and kept itself on a support zone of 0.20$, this could mean serious trouble for...
Read More »Ethereum Member Suddenly Arrested in the U.S. for Consulting North Koreans
The United States Attorneys in New York, together with the FBI agents, went on to issue a criminal complaint charging Virgil Griffith, Ethereum Foundation member. He is suspected of helping North Korea to prepare better measures of defense against the infamous U.S. sanctions.Not only the guy decided to travel to North Korea at his own expense, he was moving in the “vacation” style. He also delivered some tech presentations with consulting while he was in the country. He taught the locals...
Read More »Governor Kemp Thinks Bakkt CEO Kelly Loeffler is a Promising Senate Member
U.S. Senator Johny Isakson was serving well at his position in United States Senate. However, health issues are chasing the old man: he decided to leave the job and enjoy life. The governor Brian Kemp has the power to elect a new member of the Senate to serve till the special elections. Many people approached him with pitches.President Trump Wanted His Brother in Arms to Acquire the SeatPresident Donald Trump suggested appointing Doug Collins at this position. He is a Republican who has been...
Read More »Coinbase Denies Acquisition of Premier Digital Assets Broker Tagomi for $150 Million
Update: Though it was informed by media that Coinbase which is one of the world’s largest cryptocurrency trading exchanges had acquired one of the most innovative digital assets brokerage firms Tagomi for the sum of $150 million, the exchange has denied this information.As Coinbase VP of communications Rachael Horwitz noted, all this news is “100% false.”Earlier sources indicated that a deal had already been in the works and it is only recently that both parties decided to finalize the...
Read More »Coinbase Secures Patent for Automated KYC System
The United States Patent and Trademark Office has awarded one of the most prominent crypto exchanges in the country, Coinbase, a patent that portrays a mechanized framework that identifies and detects non-compliant client accounts on the platform.Filed on Nov. 19, the patent describes the significant improvement made to improve the level of security as regards customer account authorization, thereby explicitly identify the ones associated with dealing in criminal behavior.Coinbase has been...
Read More »Why do I Need Bitcoin Mixer If I have Nothing to Hide?
Cryptocurrency is good in that transaction information is forever recorded on the blockchain in the public domain and therefore Bitcoin can be trusted. At the same time, there are no records about your transactions in the databases of banks and government organizations in order to increase Bitcoin Privacy. But in fact, anyone can track how much and what you spent your digital assets on, and then use this information to harm you.Danger of Blockchain TransparencyBitcoin seems to be initially...
Read More »Black Friday Crypto Rambling: Buy Stuff Cheaper with Crypto
First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays. However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...
Read More »NatWest Bank to Lead Blockchain Consortium to Simplify Mortgage Purchase in UK
National Westminster Bank (NatWest), one of the largest retail and commercial banks in the United Kingdom, has announced that it will lead a consortium that will leverage blockchain technology, to simplify and speed up the process of buying a property in the U.K.According to a recent Forbes report, NatWest will be leading this consortium with real estate blockchain startup Coadjute, along with six other firms including Dezrez Estate Agency Software, Search Acumen Property Data, LMS Panel...
Read More »Crypto Exchange Binance Joins Hand with TravelbyBit for Crypto Travel Rewards Card
Pushing the crypto use in the tourism industry, crypto exchange Binance has entered a partnership with crypto travel startup TravelbyBit. The two companies together announced the launch of a rewards card which can facilitate crypto payments on several travel websites.Users of the TravelbyBit travel rewards card will get access to exclusive travel deals and discounts for the hotel as well as flight bookings. The crypto travel card will function as a traditional prepaid debit card wherein the...
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