How Blockchain is disrupting identity management
In the digital space, the need for a digital identity becomes stronger and stronger as the technology progresses. Here, governments are no longer responsible for the authentication in the majority of the cases, but private companies such as Facebook or Google act as third party identity providers for many digital services.
Bithumb: US$ 35 million revenue for Q1 2018
The mastodon Bithumb victim of a hack last June of $ 17 million sees its revenues approaching close to US$ 300 million with an operating margin of US$ 194 million for the first six months of this year.
A hectic Q1
We remember, of course, the terrible month of June that some Korean exchanges experienced. Let's note though the security tests...
Strategic partnership for a trusted digital asset ecosystem
Deutsche Börse, Swisscom and Sygnum enter into strategic partnership to build a trusted digital asset ecosystem. Core elements of new ecosystem to provide issuance, custody, access to liquidity and banking services leveraging Distributed Ledger Technology. The partnership is strengthened through cross-shareholdings in key components of the ecosystem.
Venezuela: Petro nowhere to be seen
Yet formally announced by the President of Venezuela in person, the local cryptocurrency, the Petro, should have been issued with, not only oil reserves as collateral, but also gold, diamonds and other commodities. A few months later, after a major issue of the latter, the record is far from brilliant: no one user, no investor and even less convenience...
Malta: New set of regulatory framework for Blockchain
The Malta Financial Services Authority (MFSA), the local Financial Services Authority, has recently released three blockchain and cryptocurrency bills. However, their implementation has been delayed. Cryptocurrency companies on the island are on the alert. New regulatory framework Firstly, nothing extreme should change the Crypto-Maltese landscape. The new regulations -due to be announced on July 20- were slightly delayed. The MFSA is currently...
Iran: cryptocurrency may be back
The Iranian Central Bank decides to lift the bans on cryptocurrencies by next month. This approach opens the way for new regulations for the latter in the country.
Opening the same file once again: cryptocurrency Shortly before the summer, the currency of Nakamoto and all these derivatives had experienced strong moments in the Persian Gulf and more particularly in the country...
South Korea: Bitcoin classified as a financial asset
After Russia last summer and Ukraine last October, it is now the turn for South Korea to qualify Bitcoin as a financial asset. South Korea and Bitcoin, a tumultuous love story. At the beginning of the year, a wave of panic had blown not only on the crypto community but more especially cryptocurrencies' price. Also called 'The Bitcoin Country', South Korea...
Three ways Blockchain could contribute to social good
Bitcoin and crypto in general, have seen a lot of bad press. In particular related to extreme energy consumption from mining. Some articles have even suggested the digital currency growth could have a negative impact on the environment. Large energy consumption and mining are serious issues. Yet, the press hasn’t discussed much of the positive angles of Blockchain technology...
South Korea: end of tax benefits for exchanges
Eventually, after a series of events and an urgent call from the Financial Services Commission, the South Korean government announces the introduction of new changes for the exchanges of the region. “Laissez-faire” period This is the type of news the main Korean exchanges would have rather not be informed about. It seems that the various petitions, including those of Park Yong-jin...
Ukraine: 1st attempt at E-Voting
NEM announced that The Central Election Commission of Ukraine (CEC - Центральна виборча комісія) had made a first experiment concerning the possible uses of its own blockchain for regional and national elections. NEM platform meets Ukraine It seems that e-voting is currently on the rise these days; it is now the turn of the buffer state chaired by Petro Poroshenko, Ukraine. A bit more than a dozen...