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Floyd Mayweather Promoted 2017 ICO Was a Fraud, Co-Founder Pleads Guilty

Floyd Mayweather Promoted 2017 ICO Was a Fraud, Co-Founder Pleads Guilty

The $25 million 2017 Centra Tech ICO court case has finally resulted in a verdict against one of the co-founders who pleaded guilty to fraud yesterday. The other founders are still awaiting trial.

The National Bank of Cambodia Looking to Launch New Centralized CBDC This Quarter

The National Bank of Cambodia Looking to Launch New Centralized CBDC This Quarter

The National Bank of Cambodia digital currency, which is a central bank digital currency, called Bakong, was launched on a trial basis in Cambodia in July 2019.

McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

Mcdonalds has been named along with coffee giant Starbucks as one of the 19 restaurants that will be first to try out China’s Digital Yuan in the new district of Xiong’An.

PreScouter Research: Blockchain Adoption in Life Sciences Wanting

PreScouter Research: Blockchain Adoption in Life Sciences Wanting

According to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.

First Private Bank Joins Turkish Digital Asset Blockchain Network

First Private Bank Joins Turkish Digital Asset Blockchain Network

Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai’s high court has started using blockchain technology to record hearings as part of its court record reform pilot. During the meeting on the reform of court records, participants took part in observing the whole process of the court trial of a dispute over the equity transfer contract heard by the Shanghai Minhang District People’s Court.

BitMEX Founder Ben Delo Surrenders and Will Face Trial on Charges of Failing to Implement AML Programs

BitMEX Founder Ben Delo Surrenders and Will Face Trial on Charges of Failing to Implement AML Programs

Ben Delo has surrendered himself to US authorities to clear his name in court and defend against the charges.

Brazil Highlights Blockchain Technology as a Digital Strategy Goal

Brazil Highlights Blockchain Technology as a Digital Strategy Goal

Last week, Brazil unveiled its Digital Government Strategy that highlighted the use of distributed ledger systems and blockchain technology to transform major parts of the economy, especially in a post-COVID-19 environment.

BitMEX CEO Arthur Hayes Agrees to Surrender to U.S. Authorities

BitMEX CEO Arthur Hayes Agrees to Surrender to U.S. Authorities

Fugitive executives of crypto derivatives exchange BitMEX have been discussing a surrender agreement with the U.S. government.

Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

Blockchain technology is currently been utilized by such tech-based companies like Samsung, Facebook, IBM and so on as listed on hackernoon.com, these companies utilize different blockchain platforms but all to further solidify the position of blockchain technology in the tech world.

Fidelity Launches Cryptocurrency Custody Business

Fidelity Launches Cryptocurrency Custody Business

In a rare interview with Fidelity Investments CEO Abigaile Johnson, the Financial Times revealed that the Boston-based asset management giant is “now engaged in a full rollout” of its cryptocurrency custody and trading service.

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