The ‘Elaborate and Sophisticated’ Fraud of Wirecard
German financial services giant Wirecard crashed after the company acknowledged €1.9 billion on its balance sheets never existed
4 Major Areas Blockchain Is Disrupting
The number of blockchain initiatives is growing. According to Statista, the global blockchain market will grow from $3bn in 2020 to $39.7bn in 2025.
Blockchain Legislation in Nevada
Blockchain tech companies and cryptocurrency exchange are not the niche reality we have learned to know in the past years.
Coincheck NEM hack – New sources link to Russian hackers
Recent investigations led experts to think that the one of the greatest heist in history – the theft of around US$534 million worth of New Economic Movement (NEM) cryptocoins – might be linked to Russian hackers, instead of North Korean ones as previously suspected.
Egypt lifts ban on cryptos following new Sharia-compliant technologies
Egypt has loosened its grip on cryptocurrencies. A ban issued in January 2018 by the current Grand Mufti, Shawki Allam, has now been lifted.
Facebook’s Libra could thrive. But it’s all about the user experience.
On May 2, the Wall Street Journal reported that social media giant Facebook had recruited financial firms and merchants to build its own cryptocurrency. On the same day, Libra Networks was registered in Geneva, Switzerland.
Amazon-owned Whole Foods now accepts Stablecoins for daily groceries
If there’s one only thing that discourage companies and retailers to implement crypto-based payments for their products is the extreme volatile nature of cryptocurrencies.
SoftBank creates $5bn Innovation Fund in Latin America
In 2017, SoftBank’s Vision Fund was established with $100 bn to invest in emerging technologies, such as: AI, robotics and the Internet of Things.
Comcast wins bin for Sky
American cable company Comcast wins bid for sky to beat out offer from Rupert Murdoch’s Fox.
Nintendo’s war on Retro games.
The Japanese game giant is trying to crack down on people using virtually emulated retro games distributed online in a morally gray area of copyright law.
Samsung’s record breaking profits come to an end
Published this morning, Samsung’s profits for the second quarter ended June 30, 2018 see the companies streak of record breaking profits come to an end.