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Binance Cryptocurrency Exchange Integrates Refinitiv’s KYC Software

Binance Cryptocurrency Exchange Integrates Refinitiv’s KYC Software

BTC MANAGER, CRYPTOCURRENCY
Binance (BNB), the world’s number one cryptocurrency exchange by 24-hour trading volume has joined forces with Refinitiv, a U.S-based financial technology firm, to integrate the latter’s “World-Check” know-your-customer (KYC) software into its trading platform, reported Finance Magnates on November 20, 2018. Binance Integrates Refinitiv’s “World-Check” for KYC In a bid to become more regulatory compliant and curb the activities of bad actors on its platform, Binance crypto exchange and bitcoin trading venue is integrating Refinitiv’s “World-Check” software for its know-your-customer operations. Per the team, World-Check uses information from authoritative sources in 200 countries to verify people’s data and has reportedly been “stress tested with over 100 regulators and financial instituti
IOTA Partners with HIGH MOBILITY to Build New Mobility Apps

IOTA Partners with HIGH MOBILITY to Build New Mobility Apps

BLOCKCHAIN, BTC MANAGER, ETHEREUM, IOTA
IOTA Foundation has entered a partnership with HIGH MOBILITY, under which its developers can build new types of apps based on IOTA’s ledger, significantly simplifying the development process, the company announced in a Medium post on November 20, 2018. Partnership Between IOTA Foundation and HIGH MOBILITY HIGH MOBILITY, one of the leading companies in the world of automotive API development, has announced the start of its partnership with IOTA Foundation. The partnership will be dedicated to using the strength of IOTA’s open source distributed ledger technology to power HIGH MOBILITY’s standardized connected car API. “With IOTA’s ledger and the team’s vision for future mobility, we will see it being applied by many new services. The type of applications that can be enabled with IOTA’s te
Japan’s Largest Shipping Line to Launch Digital Currency to Pay Crew Members

Japan’s Largest Shipping Line to Launch Digital Currency to Pay Crew Members

BITCOIN, BLOCKCHAIN, BTC MANAGER, CRYPTOCURRENCY
Japan’s shipping line powerhouse Nippon Yusen KK is set to introduce its own digital currency for internal use, specifically to pay its seafaring workers, reports Bloomberg, November 20, 2018. The move is aimed towards minimizing the hassle and costs of the process of managing, sending and converting money to their respective local currencies. US Dollar-Pegged Digital Currency According to the report, one of Japan’s oldest and largest shipping lines is launching its own digital currency that would be pegged to the US Dollar to avoid dealing with the volatility in its value, akin to some of the cryptocurrencies traded publicly. So far, it is unclear whether the currency would use blockchain technology or be a cryptocurrency adaptation. However, it plans to launch the custom-developed digita

Bitcoin Mining Giant Bitmain Launches Data Center in Washington Despite Crypto Crash

BITCOIN, BTC MANAGER
World’s leading bitcoin mining hardware manufacturer, Bitmain has launched a new $20 million data center for cryptocurrency mining in the East Wenatchee area of Washington, United States, actively expanding its global digital assets mining operations despite the ongoing bitcoin price slump, reported  NW news network on November 18, 2018.   Bitmain Still Bullish Despite Crypto Bloodbath Bitmain Technologies Ltd.,  China-based bitcoin mining equipment maker, has opened a new $20 million cryptocurrency mining rig in the East Wenatchee area of Washington, United States. At a time when the entire cryptocurrency market is passing through a depressing bearish trend, Bitmain’s Director of Operations for North America, Jeff Stearns has made it clear that the slump in the price of bitcoin and altcoi
Cornell Uni Professor: Digital Currencies Could Allow Central Banks to Stay in the Game

Cornell Uni Professor: Digital Currencies Could Allow Central Banks to Stay in the Game

BITCOIN, BLOCKCHAIN, BTC MANAGER, CRYPTOCURRENCY
Cornell University professor Eswar Prasad is the latest prominent figure to come out in support of digital currencies, suggesting that central banks should issue their own currencies in order to remain in the money game, Bloomberg reported on November 19, 2018. Cryptocurrencies Could Allow Central Banks to Stay in Money Game While cryptocurrencies have long been marketed as an alternative to the centralization of banks, it seems that large financial institutions have started realizing the potential digital money brings. According to Prasad, central banks should start looking into issuing digital currencies as it would allow them to stay relevant in a time of disappearing cash. During an interview with Bloomberg Television’s Alix Steel on November 19, Prasad, a former IMF China division c
Nebula: New Protocol Built on top of EOS Blockchain to Allow Enhanced Support for Developers

Nebula: New Protocol Built on top of EOS Blockchain to Allow Enhanced Support for Developers

BLOCKCHAIN, BTC MANAGER, EOS, ETHEREUM
EOS, the second most used blockchain for smart contracts recently announced the release of a new protocol built on top of its blockchain that improves support for developers on, as per a post on November 19, 2018.  EOS, the second most used blockchain for Smart Contracts recently announced the release of a new protocol built on top of its blockchain that improves support for developers. EOS started from an ERC-20 Smart contract on the Ethereum network which allowed to distribute the native currency for the EOS Blockchain even before it was developed. EOS has been called by many as the “Ethereum Killer,” but these last six months the project has been inflicted with a lot of problems which resulted in numerous hacks and exploits of various EOS dapps. The EOS mainnet was officially launched i
Cybercriminals Attack Make-a-Wish Website to Mine Monero

Cybercriminals Attack Make-a-Wish Website to Mine Monero

BLOCKCHAIN, BTC MANAGER, CRYPTOCURRENCY, MONERO
The recent victim to a cryptojacking attack is U.S.-based non-profit organization Make-A-Wish Foundation’s website. Since March 2018, the hacker has been taking advantage of the Drupal vulnerability to mine Monero cryptocurrency, as per research findings from an independent research lab.  Exploiting Drupal Vulnerability On November 19, A crypto research firm Trustwave SpiderLabs findings suggest that cybercriminals infused a crypto mining software called CoinIMP, into the codes of Make-A-Wish website. CoinIMP miner is based on JavaScript and is commonly used by attackers who secretly embed the code into web pages and use it to mine Monero deploying the site visitors computer strengths.   The research firm points out that bad actors had an easy entry into the website as it was using an olde
BitPanda Swap Enters Crypto Swapping Space to Battle Shapeshift & Others

BitPanda Swap Enters Crypto Swapping Space to Battle Shapeshift & Others

BLOCKCHAIN, BTC MANAGER, CRYPTOCURRENCY, ETHEREUM
Very often than not, crypto enthusiasts and traders need to swap their current crypto for another; typically, from any of the top legacy cryptos like Bitcoin, Ethereum, Ripple, or Litecoin to lesser known digital assets. Several companies are in the business of providing this service and customers are always on the lookout for the best offers. Some of the most popular service providers in this space include Shapeshift, Changelly, Flyp.me, Coinswitch and Changenow. Although crypto exchanges perform more or less the same function as crypto swapping businesses, the ease-of-use associated with the later has made it a preferred choice for individuals and investors who are not looking towards trading. The time involved in sending money or Bitcoin to a cryptocurrency exchange, waiting for the fu...
Catalonia Turns to Blockchain Technology For Electronic Voting System

Catalonia Turns to Blockchain Technology For Electronic Voting System

BITCOIN, BTC MANAGER
Catalonia, an autonomous community, located in northeastern Spain may be looking to adopt distributed ledger technology (DLT) for external e-voting, to make it easier for citizens residing outside the region to participate in the electoral process, according to local news source La Vanguardia on November 19, 2018. Catalonia Seriously Considering Blockchain Technology Per La Vangaurdia, earlier in October, Catalonian authorities approved  a preliminary bill for the development of an electronic voting system for residents living outside the region, after a good number of registered international voters failed to participate in the state’s last elections. If all goes as planned, the e-voting system will be rolled out by 2020 and will only be initially available to external voters and may be e
Nouriel Roubini: Central Bank Digital Currencies Will Destroy Cryptocurrencies and Blockchain Technology

Nouriel Roubini: Central Bank Digital Currencies Will Destroy Cryptocurrencies and Blockchain Technology

BITCOIN, BTC MANAGER, CRYPTOCURRENCY
According to an op-ed published November 19, 2018, by world-renowned economist Nouriel Roubini aka “Dr. Doom,” central bank digital currencies (CBDCs) could potentially replace cryptocurrencies in the near future. Minimal Cash Use Could Open the Gates for CBDCs Citing the example of countries like Sweden and China, where the use of cash as a medium of exchange has witnessed a considerable decline in recent times, Roubini believes the world is steadily moving towards the digital age where digital currencies could be the norm of the day. The surge of fintech companies that provide digital payment solutions, including PayPal, and Venmo has changed the way money is transacted in the majority of the western countries. Even developing economies like China and India have become hotbeds for such i