Judge Rules Against ICO Founder in Fraud Lawsuit

Many of the world’s central banks are years into developing central bank digital currencies (CBDCs). Per the Bank of International Settlements (BIS), 94% of the world’s central banks are actively working on CBDCs, while 19 of the G20 nations were in advanced stages of CBDC development prior to this month. However, recent government decisions suggest

NEWS Sep 10, 2018 at 06:15 UTC  |  Updated  Sep 10, 2018 at 07:20 UTC Australia's New South Wales (NSW) government is turning to blockchain for a state-wide test of its driver license digitization program scheduled for November. In an announcement on Aug. 20, the NSW government said it will conduct the pilot for 140,000 license holders…

Jul 13, 2020 at 16:35 UTCBlockchain Bites: It’s Never Been Harder to Mine BitcoinBitcoin’s mining difficulty is at a record high, Singapore’s central bank digital currency could find commercial use and Chinese firms are going in on Filecoin. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and…

Apr 24, 2020 at 16:21 UTCVIRALITY: How do you make it so people actually want to download a contact tracing app? (Credit: Brandon Erlinger-Ford / Unsplash)COVID-19 Tracing Apps Have to Go Viral to Work. That’s a Big AskTo be useful, any COVID-19 tracing app has to go viral.But with concerns about privacy running high, getting…

Jun 1, 2020 at 15:00 UTCUpdated Jun 1, 2020 at 15:07 UTCAlibaba founder Jack Ma. Credit: Frederic Legrand - COMEO / Shutterstock.comAlibaba says its “unified domain name scheme” would simplify and improve communication between blockchains. In a patent granted by the U.S. Patent Office last Tuesday, the e-commerce giant said its domain name system could…

Jul 30, 2020 at 12:07 UTCFederal Reserve Chairman Jerome Powell (Wikimedia Commons)First Mover: Sleepy Fed Meeting Belies Tense Economic Reality (Brrr) That May Buoy BitcoinAfter a two-day closed-door meeting this week, the Federal Reserve issued a six-paragraph statement on Wednesday and held an hour-long press conference. None of that was news, of course, and neither…

markets View Bitcoin’s hourly chart shows that yesterday’s falling-wedge breakout failed, but the outlook remains neutral with prices holding well  above key support at $10,060. A break below $10,060 would strengthen the bearish setup on the daily chart and could yield a drop to $9,755 (Aug. 22 low). The outlook would turn bullish if BTC…

Data storage-centric blockchain Filecoin isn’t exactly known for its decentralized finance (DeFi) landscape. Glif, one of its longtime ecosystem contributors, is trying to change that.The startup has raised $4.5 million in seed funding from Multicoin Capital and other VCs to build out its tools for earning yield on FIL, Filecoin’s “gas” token that pays for

markets Bitcoin’s (BTC) price is largely unchanged on the day and maybe building for a strong exit from the weeks-long tight trading range. The leading cryptocurrency hit highs above $4,100 on Jan. 8 before moving lower to around $3,500, where it’s become trapped in a tightening trading range. The bears have persistently failed to keep…