The long-awaited arrest of Konstantin Ignatov, one of the founders of OneCoin, by the American authorities is being discussed in Ticino, Italian-speaking canton of Switzerland. In the past few months, some investors in Ticino bought this Bulgarian crypto founded in 2014.
There have been many debates around bitcoin’s energy consumption rates and its negative influence on the environment. Sustainable systems such as solar energy can solve the problem by introducing ecologically clean energy for mining. Besides, it is much cheaper than traditional sources.
In Europe alone, cryptocurrencies are estimated to be facilitating by around 4 percent of all money laundering undertakings. In June last year, the European Union (EU) completed the 5th Anti-Money Laundering Directive (AML5) in an attempt to address the malevolent activities.
The whole production chain of one of the market giants in the production of Bufala Campana PDO and derivatives mozzarella, will be visible to consumers through blockchain and a QR code which will enable all information to be fully accessed by scanning with smartphone.
The Thai SEC officially approved the first initial coin offering (ICO) portal on Tuesday, March 12, according to local news outlet Bangkok Post. The operator behind this ICO portal is reportedly a foreign entity. The appropriated portal would screen several ICOs projects.
Bitcoin, the leading crypto by market cap, has plunged over 80% from its record high meaning that there is not much possibility for further dive. It is very likely to find a low ranging between $2,000 to $3,000. Bitcoin is currently trading at $4,037, according to coinmarketcap data.
Russia’s Central Bank plans to put a yearly limit on so-called “unqualified investors” who are willing and able to buy cryptocurrency, as reported by RBC – a local business news outlet. The bank wants to impose new regulations on digital currency.
BitMax.io (BTMX.com), the industry leading next-generation digital asset exchange, has announced a strategic partnership with Fantom, the decentralized nervous system of the smart cities of the future, and the platform for nearly instantaneous payments. Fantom solves the problems of existing distributed ledgers such as Ethereum and Bitcoin, by utilizing its revolutionary technology on a global scale. The Fantom token was listed for trading on the BitMax.io exchange on March 12th 2019.
For many decades, web users have been wanting to have full access to their own data, saying that if a certain company wants their data, the firm has to purchase it. And this can be possible with the help of blockchain. When companies want to advertise based on people’s data, the firms in question have to pay the web users in order to show the adverts. Giant companies like Alphabet and Facebook are working day and night to make this dream come true. They might either choose to do this by themselves or hire firms to do it on their behalf. Of recent, Facebook revealed that it is planning to start on this initiative with the help of blockchain.
Fake news around the world increase day in day out at a terrible speed. In January this year, Google successfully removed around 6,226 scam advertising accounts in Italy. Meanwhile, the European Union (EU) parliamentary elections will start from May 23-26.
Italy has invested heavily in the field of technological innovation such as blockchain technology, smart contracts, artificial intelligence (AI), internet of things (IoT) and others. Different possible application features of blockchain and its huge potential for protection, elevation and promotion for Made in Italy products both abroad and inside the country. The themes of the conference ‘Blockchain: guarantees for the consumer and the made in Italy’ happened in Rome, at the Luiss Business School. The technology aims at shielding the project.
JPMorgan Chase has closed an account of a crypto firm which is behind the tokenization of social media, a day after the news about JPM Coin circulated. Ultimately, the cryptocurrency startup was allegedly functioning in a ‘prohibited industry.’ Cryptoraves to this point is a token intended to “increase credibility” on social media such as Facebook, Twitter, Messenger, WhatsApp and many others.
Recently, the blockchain argument in Italy reached all-time levels of hype and media exposure of national popular status. In fact, when you walk through the corridors of most popular supermarkets you will listen to the branded radio stations advertising the new chain tracking initiative via blockchain technology. The decrees present the instrument, but maintain a centralization which isn’t reflected in the technology model.