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India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration

India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration

India’s Tea Board seeks to mitigate the problem of tea adulteration by using blockchain technology as this will enhance consumers’ experience, as well as preserve the reputation of the Indian tea. Moreover, the consumption of tea in this nation will be boosted through an improved experience.

Chinese Banks Clarify on Crypto Account Freezing Despite Alipay’s Crypto Ban Last Year

Chinese Banks Clarify on Crypto Account Freezing Despite Alipay’s Crypto Ban Last Year

China’s banks were rumored to be freezing client accounts that have a history associated with the buying and selling of cryptocurrencies. However, according to a recent report, Chinese banks have clarified that this is not the case, and they are not shutting down any legal fiat to crypto accounts.

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

Victims of the now non-defunct crypto exchange Mt. Gox will have to wait on their refund following a 2014 hack, which triggered the loss of over 150,000 Bitcoin.

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Guardicore, a cloud security and data center firm, has issued a report showing how a malware botnet, tracked as Vollgar botnet, has been hijacking Microsoft SQL Server (MS-SQL) databases around the world and forcing them to mine the cryptocurrencies Vollar and Monero.

How Blockchain Can Mitigate the Menace of Identity Theft

How Blockchain Can Mitigate the Menace of Identity Theft

According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.

Twitter CEO Jack Dorsey Supports Nigerian Protest Against Police Brutality With Bitcoin Donations

Twitter CEO Jack Dorsey Supports Nigerian Protest Against Police Brutality With Bitcoin Donations

Twitter CEO Jack Dorsey has supported Nigeria's EndSars campaign against police brutality with an undisclosed amount of Bitcoin (BTC), asks public for further donations.

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

The OFAC may begin sanctioning US nationals and institutions that help facilitate payments in a ransomware attack.

Russian Hacker Sentenced to 5 years of Prison for Money Laundering, Cybercrimes, and Extortion

Russian Hacker Sentenced to 5 years of Prison for Money Laundering, Cybercrimes, and Extortion

Russian Hacker Alexander Vinnik has been sentenced to 5 years imprisonment by a Parisian court. The judgment may be appealed as noted by Vinnik's lawyer.

Ransomware Hackers Hunt for Bitcoin by Targeting Call of Duty: Warzone

Ransomware Hackers Hunt for Bitcoin by Targeting Call of Duty: Warzone

Ransomware hackers have raided Call of Duty: Warzone player accounts and demanded Bitcoin payments in exchange for releasing the retained data.

XRP Gains 36 Percent as Ripple Sees Rise in Active Addresses

XRP Gains 36 Percent as Ripple Sees Rise in Active Addresses

Data analytics firm Santiment posted last week about the steady increase in wallet addresses for Ripple. The insight proves bullish for the firm’s native token, which has risen 36 percent since March 2020.

Head of Chinese Investment Firm Believes Blockchain will "Lead" China's Economy, Here's Why

Head of Chinese Investment Firm Believes Blockchain will "Lead" China's Economy, Here's Why

China’s blockchain push seems never-ending, various governmental and financial officials of the country have, in recent times, spoken on the merits of blockchain technology and how a distributed ecosystem may help bolster the ongoing “fourth industrial revolution.”

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

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