Monthly Archives: June 2019

Conglomerates’ Deep Pockets Continue Blockchain Growth in S Korea Despite Crypto Ban

A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean companies — including Samsung, Naver and NHN, just to name a few — entering into the blockchain space emerge. Still, South Korea is one of the most advanced markets in the blockchain […]

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Canadian University to Issue Blockchain-Based Diplomas to Class of 2019

The Southern Alberta Institute of Technology has partnered with blockchain marketplace ODEM to issue blockchain copies of diplomas for 4,800 students. A Canadian tech institute will issue blockchain-based diplomas to its next graduating class, according to an official press release on June 13. The Southern Alberta Institute of Technology (SAIT) has partnered with blockchain marketplace ODEM (On-Demand Education Marketplace) to provide blockchain-based copies of student diplomas for SAIT’s graduating class of 2019.SAIT’s class of 2019, which is made up of over 4,800 students, will reportedly be able […]

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Ampleforth Raises $5M in 11 Seconds in Tokinex Exchange Offering

Ampleforth raised $11 million in its initial exchange offering on Bitfinex and Ethfinex’s IEO platform, Tokinex. Ampleforth has raised $4.9 million in 11 seconds in its AMPL token sale, according to an announcement on June 13. The initial exchange offering (IEO) was the first to take place on Ethfinex and Hong Kong-based crypto exchange Bitfinex’s Tokinex platform . An IEO is an alternative to an initial coin offering (ICO) in which a centralized exchange is responsible for vetting the token projects and investors, and then subsequently conducting […]

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Swedish Bitcoin-Powered Mobile Refill Service Bitrefill Raises $2M to Expand Services

Stockholm-based digital gift cards and mobile phone refill provider Bitrefill raised $2 million in a seed round led by Coin Ninja. Swedish crypto-powered mobile refill service Bitrefill has closed a seed round of $2 million to expand its services, crypto media outlet The Block reports on June 13. The Stockholm-based company offers mobile service top-ups in bitcoin (BTC), enabling users to recharge their mobile subscriptions using the major cryptocurrency. Following the new funding round, led by United States-based bitcoin startup Coin Ninja, Bitrefill is reportedly planning to […]

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Crypto in the USA | Cointelegraph Documentary

What is the current state of crypto in the USA? Watch our new documentary for which we traveled the U.S. to find out the answer! The Cointelegraph team traveled across the United States to get a sense of what the general sentiment about crypto is there and where the industry is heading. We talked to a number of interesting people we met during our journey, including the owner of a night club, a venture capitalist, a former adult film star, a lawyer and a crypto millionaire. In […]

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GateHub Releases PSA on Phishing Scam Targeting Its Ripple Wallet Users

Ripple wallet provider GateHub has announced that a phishing scam has been targeting its wallet users and has published a timeline of the campaign so far. Ripple (XRP) wallet and gateway-as-a-service provider GateHub has warned that there is a phishing scam campaign targeting its cryptocurrency wallet users, as per an announcement on June 13. According to the announcement, GateHub’s wallet users are being sent malicious emails from addresses that look like they are from GateHub: “@gatehub.com” and “@gatehub.net.” The emails instruct the users to transfer their funds […]

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Binance to Open US-Based Division With FinCEN Approved Partner

Major cryptocurrency exchange Binance is establishing a United States-based division with a Financial Crimes Enforcement Network approved partner, BAM Trading Services. Major cryptocurrency exchange Binance is establishing a United States-based division with a  Financial Crimes Enforcement Network (FinCEN) approved partner, according to a press release shared with Cointelegrpah on June 13. Binance is reportedly forming a new trading platform targeting U.S.-based clients dubbed Binance US, with a company called BAM Trading Services. BAM will be the operator of Binance US, using Binance’s wallet and matching engine products. […]

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An In-Depth Look at Iris, a New Decentralized Social Network

Cryptocurrency advocates have been discussing a new social media platform designed by one of Bitcoin’s earliest developers Martti Malmi, otherwise known as Sirius. The project he designed, called Iris, is a social networking application that stores and indexes everything on the user’s devices and connects directly with peers rather than using centralized and privacy-invasive algorithms. Also read: Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash Former Bitcoin Developer Creates Social Networking That Uses Cryptographic Key Pairs Over the last decade, people have been on […]

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McAfee Trading Platform Suffers DOS Attack Upon Launch

John McAfee’s crypto trading platform was immediately hit with a cloaked HOIC DOS attack following its launch. Cryptocurrency enthusiast John McAfee’s crypto trading platform was immediately targeted by hackers with a denial of service (DOS) attack following its launch, according to an official Twitter post from McAfee on June 12. According to the post, the web servers for the “McAfeeMagic” trading platform, were hit with a cloaked High Orbit Ion Cannon (HOIC) DOS attack. Cybersecurity website Imperva describes an HOIC DOS attack as stressing a network by […]

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Skepticism as News of Secretive India Crypto Bill Breaks

India is hit with its latest wave of speculations, as rumors of a full crypto ban emerge, yet remain unconfirmed by its reserve bank. Those who mine, trade or own cryptocurrency in India are currently on the edge of their seats, as rumors keep swirling around a draft regulation called the Banning Cryptocurrencies and Regulation of Official Digital Currency Bill 2019. As its ominous title indicates, the bill allegedly calls for harsh penalties of up to 10 years in jail for those who deal in crypto, clearly […]

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