DeFi
Scams
South Korean Shipwreck Probed for Potential ICO Scam
A possible ICO scam is under investigation in South Korea after a much-publicized shipwreck attracted the suspicions of local authorities. Sunken Treasures As reported…
Technology
IOHK Launches Cardano Blockchain Smart Contract “IELE” Testnet
On July 30, 2018, the IOHK Foundation announced the launch of the second Cardano testnet, the IELE virtual machine (VM) smart contract update. Cardano…
Mining
Cryptocurrency mining scam disguised as indie game pulled from Steam
Valve, the parent company of popular gaming marketplace Steam, redacted a nefarious indie game that allegedly deployed cryptocurrency mining malware on user computers under…
Adoption
Chamber of Digital Commerce Proposes Regulations for Cryptocurrency Sector
The Chamber of Digital Commerce (CDC), an American advocacy group released a collaborative research effort on July 30, 2018, containing several proposed guidelines to…
Adoption
Australian Bank Utilizes Ethereum for Cross-Border Shipments
A 17-ton, cross-border container of almonds was successfully transported from Australia to Germany utilizing the Ethereum blockchain, in a collaborative move between Commonwealth Bank…
Adoption
Research: Only 5% of Brits Made Capital Gains Via Cryptocurrencies
Cryptocurrency enthusiasts worldwide don't shy from sharing their support for the burgeoning asset class, voicing the inevitable disruption of traditional finance market as the…
Mining
Kaspersky Labs Warns Against Cryptocurrency Mining Malware Affecting Several Corporations
The public threat of cryptocurrency miners seemingly increases daily.
Adoption
Skrill Adds Wallet Support for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum
On July 25, 2018, London-based Skrill announced its support of four major cryptocurrencies on its popular wallet application. Skrill's Cryptocurrency Push As per a…
Adoption
Japan: Self-Regulating Cryptocurrency Body Proposes Margin Trading Limit on Bitcoin
The regulatory body overseeing Japan’s digital currency and trading market introduced a rule that could potentially affect thousands of traders in the cryptocurrency-crazy nation.…
Adoption
TransferTo Partners with Stellar to Increase Payments Coverage in Underdeveloped Regions
U.K.-based cross-border payments processor TransferTo signed a partnership with the Stellar foundation, the entity behind Stellar Lumens (XLM), on July 25, 2018, to enable…
Crypto
Cryptocurrency Hedge Funds are Shorting Ethereum, Cite Scaling Issues
Despite supporting thousands of cryptocurrencies on its open-source platform, institutional investors are seemingly bearish on the broader use case of Ethereum, the world ’s…
Adoption
Report: Ripple Sheds Light on XRP Usage in Q2 2018
Blockchain-based payments processor Ripple release its Q2 2018 “XRP Markets” report, detailing the developments in the use of its native digital token XRP. Ripple…