Russian bank soon to release its own digital currency
Governments across the globe have already expressed interest in issuing their very own digital currency. Banks worldwide have also expressed enthusiasm in using what blockchain technology has to offer. Russia, however may prove to be a world leader in this regard.
Attackers hijack another Ethereum ICO
Malicious attackers recently managed to infiltrate and disrupt the Etherparty Initial Coin Offering (ICO). The hackers hijacked Etherparty’s website this last Sunday and displayed their own Ethereum address, which misled many ICO participants to send money to the wrong ICO wallets.
Bitcoin exchanges in South Korea face on-site inspection
South Korea has stated that the country will conduct an on-site inspection of its bitcoin exchanges to ensure that they take proper cybersecurity measures to protect customer assets.
US dollar-pegged token, Tether, is a ticking time bomb
The recent report, released by Friedman LLP, may have quelled the rumors of the insolvency of Tether, however the issue of Tether being used for illicit activities is still a big concern.
SPiCE VC to launch ICO for liquid VC fund
SPiCE VC is set to launch an ICO in November for its SPiCE ERC20 coins, which will use the Bancor protocol to provide immediate liquidity to all who invest in it. The SPiCE tokens are based on Ethereum.
Fidelity starts mining cryptocurrency
According to Quartz, Fidelity has set up a small cryptocurrency operation inside its asset management department; this department is related to making money for the company.
Bitcoin Gold, another Bitcoin fork, on the way
A third fork in the blockchain technology Bitcoin is reported to occur in October, adding Bitcoin Gold to Bitcoin and Bitcoin Cash.
Bahrain’s government will soon adopt bitcoin
The Kingdom of Bahrain is a constitutional monarchy which consists of over 30 islands situated in the Persian Gulf. If this region decides to embrace bitcoin and other blockchain technologies, this region could soon become the new hub of financial technology.
