US government issues sanctions against Venezuela’s petro cryptocurrency
Mar 21, 2018 06:00 am UTC| Digital Currency
U.S. President Donald Trump has issued a trading ban on Venezuelas Petro cryptocurrency, ZDNet reported. The government on Monday published the executive order which states: All transactions related to, provision of...
Blockchain startup Bitfury commits $35M in new energy-efficient datacenter in Norway
Mar 21, 2018 04:55 am UTC| Digital Currency
The Bitfury Group has announced its expansion into Norway with the opening of an energy efficient datacenter. The startup investing about 274 million NOK (35 million USD) in the datacenters infrastructure and expects...
Hong Kong SFC halts Black Cell’s ICO drive
Mar 21, 2018 03:58 am UTC| Digital Currency
Hong Kongs Securities and Futures Commission (SFC) has stopped the initial coin offering (ICO) conducted by Black Cell Technology Limited. Black Cellpromoted the digital tokens called KROPS. The SFC took regulatory...
VersaVault inks MOUs with cryptocurrency exchange and cryptocurrency fund
Mar 21, 2018 03:08 am UTC| Digital Currency
VersaBank, a technology-based and digital Canadian Schedule I chartered bank, has announced that its subsidiary VersaVault has signed two memorandums of understanding (MOUs) with a cryptocurrency exchange and a...
14 Thai banks team up to develop blockchain-based shared trade finance platform
Mar 20, 2018 11:09 am UTC| Digital Currency
The Bank of Thailand (BoT) has announced that fourteen domestic banks are teaming up to develop a blockchain-based shared trade finance platform. According to Nikkei, Thai banking giants, namely, Bangkok Bank, Krung...
Sierra Leone’s NEC denies using blockchain in Presidential election
Mar 20, 2018 10:30 am UTC| Digital Currency
After recent reports that floated in the media about Sierra Leone using blockchain technology for its elections, the countrys National Electoral Commission has said that it has not used blockchain technology in any way. ...
Northern Trust, PwC enable real-time private equity audit via blockchain
Mar 20, 2018 09:43 am UTC| Digital Currency
Northern Trust, in collaboration with PwC and other audit firms in Guernsey, has developed a solution that would allow audit firms to carry out audits of private equity lifecycle events directly from the blockchain. In...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects