Australian Man Arrested Over Cryptocurrency Scam

A 38-year-old Australian man was arrested for performing unregistered cryptocurrency transactions. Australian law enforcement has taken the person into custody for making the unregistered transaction. The police department of Victoria announced that the man was arrested at his address in the town of Cairnlea.  The report from the Victoria Police states:  “Detectives …

Blockchain To Help Volvo Cars To Trace Battery Cobalt

According to the announcement, Volvo Cars said that it will make the cobalt used in its batteries globally traceable using the blockchain technology. Through a partnership with its two battery suppliers, China’s CATL and South Korea’s LG Chem the motor service has announced the initiative. Volvo, owned by China’s Geely …

Coca Cola To Start Using Blockchain Technology

Coca Cola is planning to use blockchain technology to manage its cross-party transactions. According to the report, Coke One North America (CONA) the tech firm that manages IT operations for Coca Cola will be using a blockchain solution developed by German software firm SAP to manage its supply chain. CONA manages …

AI And Blockchain Could Revolutionize Indian Welfare

Indian Defence Minister believes that blockchain technology, and artificial intelligence (AI) and big data will form part of the future of warfare. According to the news from the Times of India, Rajnath Singh highlighted the potential of blockchain, including big data and AI, in defense operations. The minister was a part …

U.S. Binance Users Can Now Buy Crypto Using Debit Cards

Binance, one of the most popular cryptocurrency exchanges is now allowing its U.S users to buy cryptos using debit cards. In a blog post, the major exchange announced that it will offer its customers to purchase digital currencies with a debit card, joining existing U.S. dollar on-ramp and off-ramps, including the …

French High School Students To Study Cryptocurrencies

France has planned to launch an educational module to its high school syllabus that covers Bitcoin (BTC) and cryptocurrencies. Recently, the French Ministry of National Education modified its study plan to incorporate the world’s largest cryptocurrency.  French educators will be teaching an introductory course that will assist students in understanding …

An Indian State To Release Policy For AI And Blockchain

Tamil Nadu, one of the Indian states is currently working on a state-level policy for blockchain and artificial intelligence (AI). According to the report by The Times of India mentioned that Tamil Nadu is working on separate policies for blockchain and AI which could be released in the next 10 days. Tamil …

Central Bank Of China To Launch Cryptocurrency

One of the Chinese officials said that the country’s central bank is planning to launch a cryptocurrency. According to a report, Huang Qifan, vice chairman of China Center for International Economic Exchanges (CCIEE), stated that China’s central bank will win the race for the first central bank digital currency (CBDC).   Qifan shared …

Twitter Will Not Join Facebook Crypto Libra

Jack Dorsey, CEO of Twitter said that the social media giant will never join Facebook’s cryptocurrency Libra. While asked about the potentials of joining the Facebook cryptocurrency payment scheme, the CEO replied “Hell no”. According to him, Libra is not based on an open standard rather than born on the …

Russian Scientist Jailed For Mining Bitcoin At Work

One of the Russian scientists and former employees at the nation’s premier nuclear research facility was jailed for secretly mining Bitcoin using the facility’s supercomputers.  According to a report, Andrey Rybkin a former employee was sentenced to 3 years and three months in prison. He was arrested for the “unauthorized use …

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