SBI is Launching Crypto Derivatives Market | Coindelite News
Cryptocurrency News

SBI is Launching Crypto Derivatives Market

SBI group is contributing to the cryptocurrency market with another notable venture. It has set its concern towards the emergence of a cryptocurrency derivatives trading market. If this move becomes successful, it will welcome the development of virtual currency enthusiasts who want greater liquidity and different trading options. SBI is …

Employee Makes Billions by Secretly Mining Bitcoin on Office Computers
Crypto News

Employee Makes Billions by Secretly Mining Bitcoin on Office Computers

An office worker used office computers to secretly mine Bitcoin during off hours. Sergey Solonin, an ex-IT manager for Qiwi, the Russian firm was able to mine around 500,000 Bitcoins using surplus computer capacity when the offices were closed overnight. Qiwi is a Russian payment service provider which is a …

Ripple Collaborates with Madonna to Raise Funds for Orphans in Malawi | Coindelite News
Ripple News

Ripple Collaborates with Madonna to Raise Funds for Orphans in Malawi

Queen of Pop Madonna is collaborating with Crypto Payments startup Ripple to fundraise for the African nation of Malawi. The Pop Icon announced the fundraiser Monday to celebrate her 60th birthday, declaring all donations would go to a non-profit organization ‘Raising Malawi’ she co-founded with American screenwriter Michael Berg in 2006, to …

Steam Removes Abstractism from the Store Following Crypto Mining Allegations
Crypto Mining

Steam Removes Abstractism from the Store Following Crypto Mining Allegations

There has been an increasing number of incidents of cryptojacking lately. Companies like PirateBay and CBS’s Showtime have been guilty of exploiting crypto mining software to secretly mine cryptocurrencies on users’ computers. Last September, the game company Valve corporation removed 200 fake games from Silicon Echo Studios. These games were cheaply …

McDonalds is Not Launching a Cryptocurrency Despite the Rumors
Cryptocurrency news

McDonalds is Not Launching a Cryptocurrency Despite the Rumors

McDonald announced on Sunday the unveiling of the MacCoin. The business world thought this to be the fast food giant’s venture into the world of cryptocurrency. It turns out that MacCoin is actually not an alternative to Bitcoin. Instead, it as a value coupon that can be redeemed for a …

Dubai Plans to Launch "Court of the Blockchain" to Streamline Legal System | Coindelite News
Blockchain News

Dubai Plans to Launch “Court of the Blockchain” to Streamline Legal System

A Dubai-based international court that deals in commercial and civil disputes in the financial industry is planning to start what it calls a ‘Court of Blockchain’ for the smooth running of the Legal operations. On Monday, the Dubai International Financial Center (DIFC) courts declared that it is collaborating with the …

Vietnam Mining Firm's CEO Disappears with $35 Million Loss | Coindelite News
Crypto Mining

Vietnam Mining Firm’s CEO Disappears with $35 Million SCAM

Sky Mining, Ho Chi Minh City-based mining firm which was started in March and has been mining cryptocurrencies in the country from over 26 places. Leh Minh Tam, CEO of the mining firm escaped the country after the company struggled with severe losses. The reports claim that skyrocketing mining problems …

According to studies Only 5% of UK Investors Make a Profit in Cryptocurrencies
Cryptocurrency news

According to studies Only 5% of UK Investors Make a Profit in Cryptocurrencies

The poll was carried out by IW Capital, a UK based SME investment firm. The poll consisted of 2007 Britain citizens on cryptocurrency. The results were then shared with The Daily Express. The poll uncovered findings that 38% of Britons still do not understand virtual currencies at all. It also …

Commonwealth Bank has Found Success in Global Trade Blockchain Test | Coindelite News
Blockchain News
2

Commonwealth Bank has Found Success in Global Trade Blockchain Test

Recently, The Commonwealth Bank of Australia (CBA) announced the completion of a cross-border shipment that uses blockchain for tracking goods in the supply chain. CBA is one of Australia’s ‘Big Four’ banks said in a statement on Monday that around 37,000 pounds of almonds were shipped from Australia to Germany …

DMG Blockchain Solutions Expanding Mining Capacity in Vancouver
Crypto mining
1

DMG Blockchain Solutions Expanding Mining Capacity in Vancouver

DMG Blockchain Solutions Inc. has announced that it is under the process of installing an additional 85 MegaWatt (MW) substation in Vancouver, Canada. This move is enacted as a part of the company’s expansion plan. The new capacity transformer and an electric substation will directly be connected to the power …

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