Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims

Blockchain company HashCash Consultants has announced a partnership with a group of international car, mining and battery manufacturers to develop a blockchain-based supply chain network to track minerals.As Business Insider reported on Nov. 18, the parties are planning to build a blockchain-based supply chain system to trace ethical sourcing of minerals used in car and…

The development marks another sign of the digital hryvnia project picking up steam. 291 Total views 10 Total shares The National Bank of Ukraine, the country’s chief monetary authority, has recently taken to professional social network LinkedIn to promote its blockchain developer job opening. The ad was published by the director of NBU’s IT department,…

The staking services company and validator reported that it reached $7.5 billion in total value locked in April.

Just two weeks into the new year and the cryptocurrency community is grappling with the reality of an alleged “51 percent attack” on the Ethereum Classic (ETC) blockchain.While there is still no clear idea of who is responsible for the manipulation of ETC’s blockchain by controlling the majority of CPU power in the mining pool,…

New York State Assemblyman Clyde Vanel said that the blockchain industry needs to be better at lobbying for itself and educating regulators. Vanel delivered his comments at a panel of ConsenSys’ Ethereal Summit on May 10.Vanel said that crypto- and blockchain-based business need to better advertise their accomplishments and value to the public. He noted…

Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. 1302 Total views 13 Total shares A former lead developer for the Bitcoin network has postulated a possible future for the world’s most popular cryptocurrency which includes an epic price prediction.Software developer Gavin Andresen published…

EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. 372 Total views 7 Total shares Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to improve taxation processes with a new initiative.The company announced Wednesday that EY…

Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations. 536 Total views 5 Total shares Japan’s Justice Ministry is reportedly considering a revision of an asset seizure law relating to organized crime to include a stipulation that crypto can…

Malayan Banking Bhd (Maybank) has signed a memorandum of understanding (MoU) with the National Bank of Cambodia (NBC) on cross-border payments and remittances.On Oct. 16, Malaysian business news outlet The Edge Markets reported that the largest bank in Malaysia, Maybank, will work together with the National Bank of Cambodia to promote cross-border payments and remittances.With…