Blockchain Could Transform Commodities Trading, but Major Challenges Exist: BCG Report

Blockchain technology could be a godsend for the commodities trading industry. Transparency between market participants, real-time tracking of goods, and the possibility of proactive regulation are among the benefits that make the blockchain a perfect fit for the industry. However, according to a report compiled by the Boston Consulting Group, it’s not so straightforward. In … Read more

Exclusive Interview: Jessica VerSteeg Talks Product Traceability

Jessica VerSteeg began her career as a fashion and print model for 10 years, and she was crowned Miss Iowa 2014 as well as a finalist for Miss USA. She competed on “The Amazing Race” Season 28 and amassed a large following on Instagram. However, after the loss of her husband to an accidental painkiller … Read more

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant … Read more

Three Hackers Held in China Over $87 million Crypto Theft

Three suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The supposed hackers stole bitcoin and other digital assets worth an estimated $87 million USD. Authorities say this is the biggest heist of this type in the People’s Republic so far. Also read: South African Tax Authority Going After Crypto … Read more

Bitcoin Price Watch: Currency Slides Up a Notch, but Growth Is Subjective

At press time, bitcoin is trading for just over $6,400. This is about $50 higher than where it stood yesterday. It’s easy to jump into the fray and assume that maybe, just maybe the market is improving once again, but we’ve seen this too many times to enter this conclusion so suddenly. Sadly, bitcoin – … Read more

India Bitconnect Head Arrested

Alleged India Bitconnect head, Divyesh Darji, was arrested this week at a airport in Delhi as he arrived from Dubai. He and conspirators are accused of bilking millions of dollars (Rs 88,000 crore) from Indian investors seeking to find financial refuge during the government’s demonetization campaign. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots … Read more

Exclusive Interview: Apple Co-Founder Steve Wozniak Talks Blockchain, Reveals Upcoming Involvement with Crypto Startup

Steve Wozniak, co-founder of Apple, is a computer engineer and inventor responsible for the creation of the Apple I computer as well as a primary contributor to the Apple II. He played arguably the biggest role in the personal computer revolution, and is a forefather of the third technological revolution, which ushered in the era … Read more