Month: July 2020

Port of Rotterdam to Use Blockchain to Improve Container Handling

Port of Rotterdam to Use Blockchain to Improve Container Handling

The Port of Rotterdam, along with several largest shipping companies, have launched blockchain pilot to improve container handling’s safety and efficiency of containers that are unloaded in the port every year. Major shipping giants such as CMA-CGM, Hapag-Lloyd, MSC, ONE-Line, Hutchison Ports ECT Rotterdam, Rotterdam Fruit Wharf, Milestone Fresh, VTO, and Portmade will partner with […]

Bitcoin is an Old, Tired, Worthless Coin — John McAfee

Bitcoin is an Old, Tired, Worthless Coin — John McAfee

John McAfee, one of the best-known cryptocurrency enthusiast has called Bitcoin an “old, tired, worthless coin” in his tweet. McAfee, who is currently on the run from the US authorities in case of tax fraud, called absurd his earlier prediction that Bitcoin would reach $1 million by the end of 2020 McAfee saying that it […]

Australian BJJ ace Craig Jones Lost Access to his BTC Wallet

Australian BJJ ace Craig Jones Lost Access to his BTC Wallet

Brazilian Jiu-Jitsu fighter, Craig Jones who lives in Australia has told that he missed out on the Bitcoin all-time high in 2017 after he lost access to his coins by forgetting the password, according to CoinJar blog post. The former Brazilian Jiu-Jitsu champion shared that he and some of his friends bought some bitcoins in […]

Scammers Steal $24 Worth of Bitcoin in the First Half-year

Scammers Steal $24 Worth of Bitcoin in the First Half-year

Crypto scammers have stolen around $24 worth of bitcoin in the first half-year of 2020, representing 63% from amount stolen over the past four years, according to the Whale Alert and Scam Alert report. The most “successful” scam scgemes gained over $130,000 in a single day with nothing more than a one-page website, a bitcoin address, and […]

China Recognizes Blockchain Jobs as Official Occupations

China Recognizes Blockchain Jobs as Official Occupations

China’s Ministry of Human Resources and Social Security has included blockchain-related jobs to the official list of occupations, which is numbering 1838 officially recognized occupations. Now the list includes “Blockchain Engineer” and “Blockchain Application Operator”. The list by the ministry defines ‘Blockchain Engineer’ as someone that works on architecture design, programming, system application, and testing. […]

Bank of England May Launch Digital Currency

Bank of England May Launch Digital Currency

Bank of England belongs to a group of major central banks that assess potentially developing their own digital currencies, acknowledging their role is being challenged by new technologies and private sector initiatives such as Facebook Inc.’s Libra. Back in February, Sarah John, Chief Cashier and Director of Notes at the Bank of England, made a […]

High-Profile Twitter Accounts Hacked in Bitcoin Scam

High-Profile Twitter Accounts Hacked in Bitcoin Scam

Twitter accounts of leading companies and famous people were hacked in a bitcoin scam on Wednesday. The accounts of Barack Obama, Kanye West, Warren Buffett, Jeff Bezos, and many other famous persons posted a tweet asking for bitcoins from followers with the promise of double return. Once the hack was detected, the compromised accounts were […]

PayPal is Developing Crypto-assets Capabilities

PayPal is Developing Crypto-assets Capabilities

PayPal has revealed that it is developing crypto-assets capabilities. In response to the European Commission in March, the payment giant claimed that it had taken “tangible steps to further develop its capabilities in this area” PayPal’s response to the commission is part of a public consultation that opened in December last year. The commission wanted […]

Coinbase Gets Thumbs Down Due to Contract with the US Secret Service

Coinbase Gets Thumbs Down Due to Contract with the US Secret Service

The US Secret Service has paid $183,750 for a four-year contract with Coinbase to use its blockchain analytics service.The exchange users believe their privacy is in jeopardy due to the government agency having the ability to view their on-chain activities. According to USASpending.gov, a government source for data, the contract expires on May 10, 2024. […]

Co-founder of Centra Tech to Plead Guilty in $25 Million Scam

Co-founder of Centra Tech to Plead Guilty in $25 Million Scam

The second of the three co-founders of cryptocurrency firm Centra Tech, Sohrab Sharma, is reportedly planning to plead guilty in $25 million ICO scam. Sharma may avoid a November trial date as his lawyers told a federal judge he would be interested in changing his plea. Earlier, another one Centra Tech’s co-founder Robert Farkas was […]