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Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto

Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto

China-based crypto investors launched a cryptocurrency scam of their own, after having been defrauded themselves.

Wells Fargo Injects $5M into Blockchain Startup Bridging Crypto Exchanges and Banks to Expand in Asia

Wells Fargo Injects $5M into Blockchain Startup Bridging Crypto Exchanges and Banks to Expand in Asia

US Banking Giant, Wells Fargo is investing in blockchain startup focusing on forensics, Elliptic. Wells Fargo Strategic Capital (WFSC), the venture capital arm of the bank, has decided to inject $5 million into Elliptic’s Series B funding round.

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia has been a victim of unreliable crop data, and this has hindered the optimality of its agricultural sector. This nation has been grappling with the lack of accurate data when it comes to issues, such as crop output. HARA, a Jakarta-based startup, seeks to address this challenge by deploying blockchain technology.

Artificial Intelligence Might Help Eradicate Fake Cryptocurrency News

Artificial Intelligence Might Help Eradicate Fake Cryptocurrency News

Deepfakes may jeopardize the future because they might make fake news to blend seamlessly into our daily lives. As a result, people’s actions and viewpoints might be substantially influenced, especially in the crypto space.

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.

Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?

Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?

Blockchain and tokenization could prove to be ideal in fighting the wealth inequality challenge as they can break the vicious cycle of wealth inequality by prompting ownership of high-performing asset classes. This will enable any person to invest and partially own lucrative assets, such as commercial real estate.

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.

Crypto Leaders Discuss Libra, China's CBDC and a Cashless Future at the Singapore Fintech Festival

Crypto Leaders Discuss Libra, China's CBDC and a Cashless Future at the Singapore Fintech Festival

A noteworthy panel followed on the topic of “defining the future of digital currency,” joined by Christian Catalini, co-creator of Libra and Head Economist of Calibra, Mu Changchun, Director-General of the Digital Currency Institute of the People’s Bank of China, HE Serey Chea, from the National Bank of Cambodia and Umar Farooq, Head of Blockchain at J.P. Morgan Chase & Co.

Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler

Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler

Bitcoin (BTC) dipped after Gary Gensler said that it was a challenge for the SEC to keep cryptocurrency markets free of fraud.

Blockchain: Technology for Sustainability

Blockchain: Technology for Sustainability

The teams of AB InBev, IECISA and Rewire were the winners of the Global Blockchain Challenge, thanks to their innovative blockchain-based solutions that excelled for their technical, business and legal development, scalability and social impact.

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

Ernst & Young, the trustee of the now-bankrupt cryptocurrency exchange QuadrigaCX, published a report showing that almost 17,000 people have filed for the remaining assets of the crypto exchange. EY assumed control of the crypto exchange in February 2019 after QuadrigaCX filed for bankruptcy. Ernst & Young took over custody of QuadrigaCX’s assets following the alleged death of Gerald Cotton, the founder of QuadrigaCX, who held the private keys to the crypto holdings, in January 2019. The report indicates that as many as 16,959 people have claimed assets ranging from Litecoin, Bitcoin, Ethereum, Bitcoin Gold, Bitcoin SV, and Bitcoin cash, along with US dollars and Canadian dollars.

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