Monthly Archives: March 2020

Argentine Gas Regulator Launches Blockchain Network, Expands to Whole Country

An Argentinian regulator approved the expansion of a gas tracking platform piloted by over 2 million residents. Argentina’s natural gas regulator, Enargas, approved the expansion of a blockchain-based gas distribution tracking platform. The system was already piloted by a local distributor servicing over 2 million residents. According to an announcement on March 18, the system — dubbed Gasnet — was authorized for expansion to the whole country. Before now, the network was used only by Gasnor, a 2 million customer-strong local gas distributor. A spokesperson from RSK, […]

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Vitalik Reveals His Vision For the Next Decade of ETH 2.0 Development

Vitalik Buterin tweeted out a roadmap for the next 5-10 years of ETH 2.0 development and the community responded. Ethereum co-founder, Vitalik Buterin, revealed his personal roadmap for ETH 2.0 in a tweet on March 18. The post covers the next 5 to 10 years of the project’s development. Progress is in action  In the post, Vitalik emphasized that research and development will continue regardless of recent challenges. In addition, he pointed out there should be less fear of complexity with the system update, noting that many […]

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Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator

The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders with more than $250 trillion in global debt, the government’s monetary system looks more like a crumbling Ponzi scheme every day. Charles Ponzi would be proud of the world’s fiat system, as today’s monetary framework requires an endless supply […]

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Kentucky Distiller Tokenizes Up To $20M of Bourbon Whiskey

A U.S. financial services firm will tokenize up to $20 million worth of bourbon produced by Kentucky-based Wilderness Trail Distillery. United States-based Wave Financial Group will manage the tokenization of up to $20 million worth of bourbon whiskey produced by Kentucky-based Wilderness Trail Distillery. Wave told Cointelegraph in an email sent on March 18 that the firm will tokenize between 10,000 and 20,000 barrels of liquor so it can be offered through a specialized digital asset fund. The “Wave Kentucky Whiskey 2020 Digital Fund” will allow investors […]

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Canceled by Corona: A Developing List of Finance Practices Halted due to Pandemic

An evolving list of finance policies and practices suspended due to Coronavirus and their meaning for cryptocurrencies. By this point, everyone knows that Coronavirus, also known as COVID-19, has wreaked havoc on the world economy.  The ongoing pandemic On March 13, crypto markets saw an unprecedented collapse alongside the worst day in the traditional markets since 1987. Beyond the markets tanking, the risk of spreading the highly contagious virus has led many countries to tell citizens to stay home — with obvious implications for broader workforce productivity […]

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Keyless Wallet Provider Zengo Now Holds SGA Stablecoin

SGA token users can now hold their funds in ZenGo’s keyless wallet, thanks to a partnership between the two. Saga Monetary Technologies’ SGA stablecoin is now compatible with keyless wallet ZenGo, thanks to a recent partnership between the two companies. “ZenGo provides guaranteed access, meaning that even if we stop operating, user funds will remain 100% available for the users to move them anywhere they wish,” ZenGo CEO Ouriel Ohayon explained to Cointelegraph about the keyless wallet. Users can now hold their SGA tokens in ZenGo’s wallet, […]

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Scammers Impersonate World Health Organization to Steal BTC COVID-19 Donations

Scammers are impersonating the World Health Organization to get COVID-19 donations in Bitcoin, cybersecurity firm Sophos reports. As the number of global coronavirus cases grows each day, online scammers are turning to cryptocurrencies like Bitcoin (BTC) to steal money under the cover of the global pandemic. According to cybersecurity firm Sophos, some online perpetrators are now impersonating the World Health Organization (WHO) in an attempt to steal cryptocurrency donations to fight the COVID-19 pandemic. Scammers look to profit from the recently launched COVID-19 Solidarity Response Fund Chester […]

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If Cryptocurrencies Were Beer…

Cryptocurrencies are like beer in more ways than meet the eye. Whether crypto markets are up or down, people will still buy beer. The American beer industry has seen a 600% increase in the number of breweries between 2008 and 2016, according to data from The Atlantic. And the crypto industry really boomed from nothing in 2008 with the release of pseudonymous author Satoshi Nakamoto’s Bitcoin white paper. By 2017, thousands of new digital assets built on top of that work had found their way onto exchanges. […]

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Talking Digital Future: Quantum Computing and Cryptography

Quantum computing could potentially break much of the encryption algorithms and protocols that currently secure the internet and computational industry as they are. Back in the 2000s, when I worked for PricewaterhouseCoopers (PwC), I was the director of technology and innovation. Part of that role was not only helping the company and some of our clients with tech innovation projects, but it was looking out five years, 10 years, 15 years and thinking about what technology was emerging and what it might mean for our industry. And […]

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Can Blockchain Technology Counter US Anti-Message Encryption Bill?

Electronic Frontier Foundation claims the so-called EARN IT bill goes against encryption of online messages. The Electronic Frontier Foundation (EFF) is attempting to alert the public to a bill that seeks to end the encryption of online messages and prevent it from being enacted by the United States Congress. The so-called EARN IT bill proposes that digital messages should first pass through government-approved scanning software in order to monitor for malicious criminal activity. The bill is sponsored by Senators Lindsey Graham and Richard Blumenthal. Blockchain as a […]

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