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Digital Assets Market Update 12 August 2019

Digital Assets Market Update 12 August 2019

Latest news and updates from the digital assets market

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Burundi has banned Bitcoin and every other form of digital trading from its soil because it can no longer offer protection to persons with problems related to it.

WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

Stablecoins and the technology underlying them will be the building blocks of a more sustainable, inclusive and resilient global financial system according to the World Economic Forum (WEF).

5 Reasons Bitcoin Hit $47K ATH and the BTC Price Surge Will Continue

5 Reasons Bitcoin Hit $47K ATH and the BTC Price Surge Will Continue

Why is Bitcoin rising harder than ever before as BTC price pushes for $50,000 after exceeding $47,000 in a new ATH? Here are five reasons for Bitcoin's growing strength.

Six Leading Central Banks to Brainstorm the Issuance of Digital Currencies in Mid-April

Six Leading Central Banks to Brainstorm the Issuance of Digital Currencies in Mid-April

The leaders of six major central banks are scheduled to meet in mid-April to conceptualize on creating their own digital currencies as they can be instrumental in substituting the digital yuan or Facebook’s Libra.

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six central banks around the world have come together to create a working group to share experiences on use cases on central bank digital currency (CBDC). With significant expertise in exploring digital currencies, these six central banks are the Bank of Canada, Bank of England, Bank of Japan, European Central bank, Sveriges Riksbank in Sweden, and the Swiss National Bank, and the Bank of International Settlements (BIS).

Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden’s Riksbank announced that it had started testing an e-krona, taking one step closer to the release of a central bank digital currency.

Gate.io Executive Reveals Global Economic Outlook and Future Cryptocurrency Adoption Amid Coronavirus Pandemic

Gate.io Executive Reveals Global Economic Outlook and Future Cryptocurrency Adoption Amid Coronavirus Pandemic

Blockchain.News exclusively interviewed Marie Tatibouet, the Chief Marketing Officer of Gate.io to explore the current trends and future expected evolution of the cryptocurrency market.

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023

Unilever, the consumer goods company that owns brands such as Ben & Jerry’s, Dove, Vaseline, Knorr, and other well-known brands, has announced that it will be leveraging blockchain to tackle deforestation.

How Blockchain Can Uphold Creators' Rights and Copyright Law

How Blockchain Can Uphold Creators' Rights and Copyright Law

Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.

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