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Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds

Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds

Blockchain analysis company Chainalysis wanted to find out whether the claims of whether Petro aiding Venezuelans are true.

Chinese state company launches crypto funds

Chinese state company launches crypto funds

CPIC Investment Management, a subsidiary of China Pacific Insurance, is launching two crypto funds with Waterdrip Capital, targeting institutional and wealthy private investors. The funds will focus on investments in early-stage blockchain projects and proof-of-stake digital assets.

Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis

Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis

Malaysian police recently arrested five cryptocurrency mining operators that were caught stealing electricity from a state-owned power company, Sarawak Energy Berhad (SEB).

Trump Administration Wants Clean 5G Networks Free of China State Actors

Trump Administration Wants Clean 5G Networks Free of China State Actors

Mike Pompeo, Secretary of State for the Trump administration has announced the expansion of the Clean Network program, outlining five new lines of defense to protect America’s critical telecommunications and technology infrastructure from untrusted Chinese state-owned enterprises like Huawei and ZTE.

GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License

GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License

GlobalSTOX Limited (“GSL”) is pleased to announce that its wholly-owned subsidiary, HKSTOX Finance Limited, has successfully obtained a Trust or Company Service Provider License (“TCSP License”) on 29 April 2020. The TCSP license number is TC007109.

Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals

Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals

In an interview with Real vision media firm, Robert Gutmann, the CEO of cryptocurrency investment firm NYDIG, has revealed that unnamed state-owned investment funds have been approaching the crypto investment firm with inquiries about making Bitcoin purchases.

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini exchange excitedly announced the launch of its own cryptocurrency insurance company which turned out to be regarded as the most crypto custody with the widest coverage at the moment. Named Nakamoto, Ltd.

Chinese Telecom Giants Cite Blockchain as the Enabler for the Roll Out of 5G

Chinese Telecom Giants Cite Blockchain as the Enabler for the Roll Out of 5G

According to a report from the BBC in November 2019, China continues its push for global supremacy in technology. State-owned telecom giants - China Mobile, China Unicom and China Telecom now sees the emergence of Blockchain and other digital technologies as the crux to allow China to lead the market.

Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

The Indian blockchain sector is ripe for investment based on the rapid growth witnessed to the tune of at least $20 billion as this technology is being deployed in different industries. As a result, SettleMint, a Belgian blockchain-platform-as-a-service company, has revealed its penetration into the Indian market.

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State

Cynthia Lummis is elected to serve in the senate for the state of Wyoming. She is a Bitcoin advocate who wants to develop an “American First” agenda and cut the national debt.

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.

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