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Mt. Gox CEO Decides To Appeal Conviction On Manipulating Financial Records

Mt. Gox CEO Decides to Appeal Conviction on Manipulating Financial Records

Mark Karpeles, former CEO of now-defunct Mt. Gox crypto exchange, has appealed his conviction on charges of manipulating data, The Associated Press (AP) reports on March 29.On March 15, Karpeles was acquitted of charges of embezzlement, but was found guilty of tampering with financial records, with the court stating that he manipulated data to harm…
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Japan: 13 Banks Invest In SBI’s Ripple-Powered Blockchain Payment App

Japan: 13 Banks Invest in SBI’s Ripple-Powered Blockchain Payment App

Blockchain payment app MoneyTap, co-developed by Ripple and Japanese financial services giant SBI Holdings, has received investments from 13 local banks, according to an SBI press release published on March 28.In the announcement, SBI Holdings informs that Kiraboshi Bank, Shinsei Bank and Hokuriku Bank, along with ten other local financial institutions, have joined their project…
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What Is DeFi And Where Does It Leave Bitcoin?

What Is DeFi and Where Does It Leave Bitcoin?

The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. One of the most interesting things emerging from this particular bear market has been a concept known as “decentralized finance,” manifested primarily by…
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Bittrex-Backed Euro Stablecoin Can Be Staked For 8% Interest

Bittrex-Backed Euro Stablecoin Can Be Staked for 8% Interest

news A group of six blockchain firms called Universal Protocol Alliance is launching a euro-pegged stablecoin next month. The alliance announced the news Thursday, saying that its “universal euro” (UPEUR) token is aimed at users looking for a low volatility cryptocurrency. The stablecoin can also be potentially offer holders interest of 8 percent interest a year,…
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Facebook Announces New Blockchain Jobs At Its California HQ

Facebook Announces New Blockchain Jobs at Its California HQ

Facebook’s HQ in Menlo Park, California, has opened five new positions in its blockchain department, according to listings posted today, March 29.The new jobs were posted in the company’s LinkedIn account. According to the announcements, the company is now seeking a growth product manager, product manager, data scientist, software engineer and business operations manager to…
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Bitmain Eyes 2020 Bitcoin Block Halving As Pivotal Moment For Mining Fortunes

Bitmain Eyes 2020 Bitcoin Block Halving as Pivotal Moment for Mining Fortunes

Embattled cryptocurrency mining giant Bitmain has allegedly hinted the release of its new mining hardware could hinge on the 2020 Bitcoin (BTC) block reward halving. The news was reported by English-language Asia news outlet South China Morning Post (SCMP) on March 27.Bitmain, which has seen a testing six months as market volatility triggered redundancies and…
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Facebook’s Blockchain Hiring Spree Continues With 5 New Job Postings

Facebook’s Blockchain Hiring Spree Continues With 5 New Job Postings

news Social media behemoth Facebook is advertising for five more blockchain-related positions – adding to the 20 positions already posted by the company in the last month or so. The new blockchain-related positions, all of which are based at the company’s Menlo Park HQ in California, include: production manager, business operations manager, data scientist, software engineer and growth product…
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