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New Zealand Investigates Second Auckland Church Over OneCoin Scam Links

New Zealand Investigates Second Auckland Church Over OneCoin Scam Links

The Department of Internal Affairs (DIA) in New Zealand is probing the second church in Auckland over allegations that it is linked to OneCoin, a ponzi scheme promoted as a cryptocoin with a private blockchain which has been red flagged as a scam.

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Independent research commissioned by the Electric Coin Company (ECC), the parent firm of privacy-focused cryptocurrency Zcash, concluded cybercriminals are much likely to use Bitcoin over other digital assets.

Cardano’s Shelley Hard Fork Has Crossed the Threshold of No Return, Plans for Goguen in October

Cardano’s Shelley Hard Fork Has Crossed the Threshold of No Return, Plans for Goguen in October

Cardano’s Shelley hard fork has crossed the threshold of no return, where the system will automatically upgrade at the end of the current epoch, on July 29. IOHK CEO Charles Hoskinson announced in a live stream on YouTube: “The hard fork is a go, and we’re marching towards it. The Shelley era will begin on Wednesday.”

Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition

Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition

Carylyne Chan, the interim CEO at leading crypto data provider CoinMarketCap is the latest executive to quit following her public announcement on August 31. The mass exodus from the company has been alarming because she follows the footsteps of four other top executives who have left the company just four months after it was purchased by Binance.

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.

IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

The Internal Revenue Service (IRS) has requested help from independent consultants to crack down on non-compliance in cryptocurrency tax.

Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards

Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards

A Japanese advertising behemoth, Dentsu has partnered with Kadowkawa ASCII Research Labs to help local content creators on popular streaming apps to gain recognition and have their work critiqued by the public.

IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability

IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability

Coop Italia, the biggest retail chain in Italy, has acknowledged this attribute as it has selected IBM’s blockchain technology to enable its private label brand called Coop Vivi Verde to trace the origin of eggs in its supply chain.

Cardano’s Stake Pools Reached 700 Just Five Days after Successful Shelley Hard Fork

Cardano’s Stake Pools Reached 700 Just Five Days after Successful Shelley Hard Fork

Cardano’s Shelley hard fork was successfully launched on July 29, and within 8 hours, 267 stake pools have already registered. The Shelley hard fork took Cardano’s network into its second phase of development, succeeding the Byron era. The Shelley update enables Cardano to become more decentralized and autonomous.

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.

“2020 5th Global Asset Allocation Focus” will be held in Shanghai in August

“2020 5th Global Asset Allocation Focus” will be held in Shanghai in August

Global Asset Allocation Focus 2020 (hereinafter referred as GAAF2020), founded in 2016. With a four-year proven-track record, GAAF2020 will invite more than 500 participants from more than 10 countries, who are mainly senior executives from private banking, family office, independent wealth, asset management, funds, securities, trusts, insurance, futures, etc. GAAF2020 will invite 40+ speakers to share their insights on the theme of "Chinese Opportunities".

Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy

Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy

Publicly-traded billion-dollar software firm MicroStrategy announced its new capital allocation investment strategy — with a purchase of 21,454 Bitcoins. MicroStrategy is the largest independent publicly-traded business intelligence firm used by many of the Fortune Global 500 brands.

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