Search Results for "document processing"
Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded
Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”
Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea
A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith after he allegedly aided in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North Korea.
US SEC Lists Priorities for Crypto Examination in 2020
The SEC’s Office of Compliance Inspections and Examinations (OCIE) has published a list of its 2020 Examination Priorities and cites ongoing risks surrounding digital assets and their transfer agents for US retail investors.
Bitfinex and Tether Face Market Manipulation Class Action Lawsuit
Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.
Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong
Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).
Dubai’s Blockchain Market to Surpass $118 Million by 2025
Smart Dubai, a government entity established in 2013 to make Dubai a smart city, has revealed that the application of blockchain technologies in the city will increase to Dh437 million, around $118M USD, by 2025 from Dh 35 million, approximately $95M USD, recorded in 2018
SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”
Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers
Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.
Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program
The Bank of France (Banque de France) is launching a program of experiments testing out a potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants are being invited to submit their applications, as the Bank of France is calling for applications to experiment with the use of a digital euro.
Top Brazilian Meat Processing Company Leverages Blockchain to Reduce Deforestation
JBS, a leading Brazilian meatpacker, has resorted to blockchain technology to leverage its traceability of tens of thousands of cattle it processes daily.
“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill
Lawmakers in the US are coaxing the federal government to consider a national blockchain strategy for regulation and growth, citing China’s Blockchain Service Network as an example.
Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community
Leading American cryptocurrency exchange, Coinbase plans to sell its blockchain analytics software called "Coinbase Analytics" to the US Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS). This decision is not sinking in well with the crypto community because the software will offer identity attribution for domestic and international cryptocurrency addresses to the US government agencies.