BMW, Circulor tap blockchain for clean cobalt
Mar 06, 2018 08:30 am UTC| Digital Currency
Auto giant BMW is working on a blockchain pilot project in collaboration with a UK-based startup Circulor, Reuters reported. Nearly two thirds of the worlds cobalt supplies come from Democratic Republic of Congo, where...
FxWirePro: ETH/USD extends consolidation, break below 100-DMA to see further downside
Mar 06, 2018 07:03 am UTC| Digital Currency
ETH/USD continues to trade in a narrow range on Tuesday as it tried to hold above 100-DMA. It is currently trading at 849 levels at the time of writing (Kraken). On the upside, the pair faces resistance at 874 (20-DMA)...
Coincheck hack proceeds laundered through Canada-based exchange
Mar 06, 2018 05:52 am UTC| Digital Currency
In its investigations, Blockchain Intelligence Group (BIG), a developer of blockchain technology search and data analytics solutions, has found that the proceeds of the Coincheck hack are being laundered through a...
German Federal Ministry of Finance issues cryptocurrency tax guidance
Mar 06, 2018 04:51 am UTC| Digital Currency
The German Federal Ministry of Finance last month clarified that it would not tax cryptocurrencies when they are used for payment purposes, ETHNews reported. In a tax guidance published on February 27, the ministry...
South Korea’s messaging app Kakao forays into blockchain
Mar 06, 2018 04:10 am UTC| Digital Currency
South Korean messaging app operator Kakao Corp is planning to establish a unit focused on blockchain technology. Tentatively called Kakao Blockchain, the new unit is likely to be established this month. Kakao is seeking...
Marshall Islands to issue legal cryptocurrency “Sovereign”
Mar 06, 2018 03:12 am UTC| Digital Currency
The Marshall Islands is planning to issue its own legal cryptocurrency which will be circulated along with the U.S. dollar, according to Finance Magnates. Called Sovereign or SOV, the cryptocurrency will reflect a...
FxWirePro: ETH/USD trades flat with upside capped by 20-DMA, intraday bias neutral
Mar 05, 2018 10:21 am UTC| Digital Currency
ETH/USD remains rangebound on Monday as its upside is capped by 20-DMA. It is currently trading at 862 levels at the time of writing (Kraken). On the upside, the pair faces resistance at 878 (20-DMA) and a break above...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight