China denies involvement after ‘major’ breach of US Treasury workstations

As global blockchain adoption is accelerating, countries in the Middle East and Africa (MEA) are forecasted to massively increase their spending on the tech in the next few years.According to a new report by United States-based market research firm International Data Corporation (IDC), governments across MEA will see a 400% surge in their investment to…

The South Korean government has agreed to invest $35 million in next year’s budget to develop blockchain technology and industry related to distributed ledger technology (DLT), South Korea's largest economic information service company Korea Economic Daily reported Nov. 8.South Korea’s government has held a meeting on industry related to DLT and blockchain technology with the…

The Bitcoin miner manufacturer saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage. 2254 Total views 21 Total shares Bitcoin’s bullish 2020 closeout was not enough to prevent Canaan from incurring a net loss in 2020.According to the company’s unaudited financial report for Q4 2020, the Bitcoin (BTC) miner maker’s…

Daily transactions in the Solana blockchain consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June. 386 Total views 33 Total shares Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows Solana (SOL) surpassing…

With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens. 86 Total views 2 Total shares Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population.According to a Bloomberg report, less than 0.5% of Nigeria’s 217 million population…

Court filings show that New York federal judge Jed Rakoff has rejected the request of a 61-year-old toy merchant-turned Silk Road vendor for a compassionate release amid the coronavirus pandemic that has claimed the lives of more than 10,000 New Yorkers.Judge Rakoff found that the inmate had failed to present an “extraordinary and compelling” case…

Bitcoin (BTC) rose above $40,000 on Thursday, a day after the Federal Reserve hinted that it was getting nearer to unwind its asset purchasing program that has boosted the United States’ economic recovery. The benchmark cryptocurrency approached $41,000 in the previous session, ahead of the critical Fed update. Nonetheless, it started losing upside momentum after the…

Fake Google Chrome extensions for crypto hardware wallet manufacturer and custody provider, Ledger, continue to claim victims.On March 28, a post was published to Reddit by a user seeking to warn others that they had just lost 14,908 Ripple (XRP) (roughly $2,577) to a fake Ledger Wallet extension on the Google Chrome store. According to the…

AMF once again advised investors to only invest in crypto through authorized services listed on official websites. 484 Total views 30 Total shares French stock market regulator, the Autorité des Marchés Financiers (AMF), continues monitoring the cryptocurrency market to warn investors about unauthorized crypto services.On Oct. 1, AMF updated its web portals identified as offering…