The Central Bank of Russia stated that it is testing stablecoins pegged to real assets in a regulatory sandbox. Elvira Nabiullina, head of Russia’s central bank said that the bank doesn’t assume that those stablecoins will function as a means of payment or become a substitute for money. According to …
Tencent, a China-based internet giant and the parent company of WeChat is forming a team to explore possible new use cases for cryptocurrencies. The report said that Tencent issued an internal notice informing employees it was searching for someone to head a new cryptocurrency research unit, which will form part of the …
Crypto YouTubers are receiving notifications receiving that their content appears to have been censored by the platform. Chris Dunn — a crypto YouTuber with 210,000 subscribers and almost 7.5 million channel views tweeted: “@YouTube just removed most of my crypto videos citing “harmful or dangerous content” and ‘sale of regulated goods’… …
Thailand is going to initiate blockchain to its Electronic Visa On Arrival (eVOA). Thailand’s new blockchain-powered eVOA system aims to increase and protect the digital visa application process and will soon be available for five million visitors from 20 countries. The upcoming eVOA project is based upon the partnership with …
Brooklyn based 19-year old boy has been suspected of being a part of an alleged $1+ million cryptocurrency heist affecting at least 75 victims in the U.S. The press release posted by Manhattan District Attorney Cyrus R. Vance alleged that Yousef Selassie, 19, conducted a “SIM-swapping” scheme targeting residents across 20 different …
One of cryptocurrency fitness apps from China has been placed under investigation for allegedly illegal fundraising practices and financial fraud. According to the report, the documents are ostensibly accessed by its affiliate publication, KrASIA. The market regulator in Changsha, the capital of Hunan province, is investigating a fitness app that promised …
TikTok has its first viral Bitcoin (BTC) related video as the firm’s owner reportedly launched a blockchain venture. The Wolf of Bitcoins, one of TikTok users posted the video depicts a room in a house equipped with dozens of cryptocurrency mining hardware units. The video displays a short caption, “this is why GPU prices …
Tata Consultancy Services (TCS), Multinational IT services firm has launched a blockchain app development kit (DevKit). TCS’s announcement states that the new Quartz DevKit is a low-code web-based integrated development environment that intends to allow enterprises to quickly build and deploy applications on any chosen blockchain in a simplified way. The DevKit …
Anthem, U.S. based one of the major health insurance companies has planned to use blockchain technology to secure medical data of all 40 million members over the next three years. According to Forbes’ report Anthem has planned to use blockchain technology to give patients secure access to their medical data, also providing …
New Jersey police have arrested three men who are accused of defrauding investors of over $722 million as part of the alleged crypto Ponzi scheme BitClub Network. Recently the Department of Justice announced that three men have been taken under custody. The announcement stated that BitClub Network promised huge rates of return …
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