Cryptocurrency News

According to mainstream media reports, at a meeting in Chicago on Tuesday, representatives from 35 of the major digital asset firms discussed the possible creation of a blacklist of those who were engaged in dubious activities in the cryptocurrency space.

Samsung is one of today’s tech giants that are constantly looking for possibilities to utilize the blockchain technology. Interestingly, the company is planning to make a huge move in the industry, as it plans to add the tech to its enterprise IT offering and/or solution packages. Here is everything about it in a nutshell.

According to a team at Coinfirm, which is a blockchain services company, they have been observing the erratic movements of the world’s leading crypto Bitcoin. Particularly, they are referring to the ones associated with the recent $40 million stolen. Here is everything about the latest Binance breach in a nutshell.

The world’s largest cryptocurrency exchange by trading volume, Binance, became the latest victim of a cyber attack, when hackers stole over 7,000 BTC (about $40.7 million) on Tuesday, May 07. The news was announced by the exchange’s Chief Executive Officer Changpeng Zhao yesterday in a letter.

WeChat is making a huge move in the crypto space, although it is not necessarily good news for all enthusiasts out there. It appears that the dominant messaging application, which is based in China and operated by technology giant Tencent, has recently updated its payments policy.

Starbucks has since voiced out its interest in utilizing the blockchain technology. Interestingly, the company is now finally doing it by giving consumers more information on all of its coffee products through the use of a blockchain system, which reportedly has the ability to track beans from “farm to cup.”

Starbucks, the US-based coffee chain is using technology giant Microsoft’s Azure Blockchain Service to track the production of coffee, among other things. This partnership was announced at Microsoft’s Build Developers’ Conference on May 06, and was listed as a part of a number of initiatives the two companies are working on together.

The crypto space is packed with allegations aimed at Bitfinex. Apparently, the attorneys of the exchange claimed that these allegations are somehow affecting the customers of the company, especially if they are unable to access a line of credit from stablecoin issuer called Tether. Here is everything about it in a nutshell.

The Federal Communications Commission (FCC) is looking at the possibility of utilizing blockchain. Basically, it is hoping to use the technology when it comes to monitoring and managing wireless spectrums in an attempt to support the Internet of things (IoT) and its growing requirements.

On May 3, the US District Court of the Southern District of Florida ordered Craig Wright, the self-proclaimed Satoshi Nakamoto, to hand in a list of the public Bitcoin (BTC) addresses that he owned.