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Early Warning System Against Airstrikes Switches from Ethereum to Hedera Hashgraph
Sentry, an app that has been providing civilians with early warning system against airstrikes during the civil war in Syria, has switched from using Ethereum to Hedera Hashgraph. Hala Systems has stop...
BitPay Launches Mass Crypto Payments Platform for Entrepreneurs
Crypto payments provider BitPay has launched a mass payout platform for businesses. With BitPay Send, firms can make mass payments across countries without owning, buying, or managing cryptocurrencies...
Blockchain-based Voting Carries Risks Of Illegal Interference in Elections
Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory has concluded that blockchain-powered voting may increase risk of falsification of elections. The cybers...
SEC Seizes $1.26 Billion from Illegal ICOs in 2020
The US Securities and Exchange Commission (SEC) has seized over $4.68 billion in penalties, $1.26 billion of which are from illegally operated ICOs. Most of the ICO penalty is collected from messaging...
Bitcoin Hits $16K for the First Time Since 2017
Bitcoin price exceeded $16,000 level for the first time in almost three years. The upswing is expected to continue for now. The Bitcoin price has increased by 325% from the lows that it witnessed back...
Ex-Microsoft Engineer Gets 9 Years in Prison Over $10M Crypto Tax Fraud
A former Microsoft engineer received a nine-year prison sentence for $10 million dollar criminal scheme involving bitcoin and digital gift cards. 26-year-old Ukrainian citizen residing in Washington h...
Bitcoin Drops Below $15K After Joe Biden Announced US President-Elect
On Saturday, Democratic candidate Joe Biden announced as the winner of the US presidential election. Bitcoin price dropped following the expected news. At the time of publication the news, BTC trades ...
Brazil’s Central Bank to Launch a CBDC
Brazil’s Economy Minister Paulo Guedes has confirmed plans of launching a central bank digital currency (CBDC). During a ceremony devoted to opening of the 100 millionth savings account in Caixa...
Hackers Extort $11 Million from Japanese Gaming Giant
Japanese gaming giant Capcom discovered a security brench that that resulted in unauthorized access to files and systems. Starting in the early hours of November 2, 2020, several Capcom Group networks...
OKEx Denies Rumors About its Founder’s Criminal Detainment
On November 6, OKEx exchange claimed that all the speculations about the executive’s arrest are just rumors. “Claims that a concerned party related to OKEx is under criminal detention have been refute...