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Electronics Giant LG Focuses on Development of Blockchain, AI, IoT With Branding Strategy

LG CNS, a subsidiary of South Korean multinational conglomerate LG Corporation, has announced a plan to strengthen its enterprise offerings in seven key areas including blockchain, according to an official press release published August 22. LG CNS is planning to release new “strategic” brands for each of the seven platforms

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California Police Arrest Teenage ‘SIM Swapper’ Who Allegedly Stole Crypto From Cell Phones

Police in California have arrested an alleged hacker who stole Bitcoin (BTC) totalling more than $1 million by hijacking cellphones, investigative cybercrime blog Krebs on Security reported Wednesday, August 22. Citing a police report, the publication reveals Xzavyer Narvaez, 19, used “SIM swapping,” a technique also known as a “port

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China Prohibits Crypto-Related Promotion in Beijing’s Chaoyang District

China is prohibiting all commercial venues from hosting any cryptocurrency-related events in Beijing’s Chaoyang district, local news outlet The Paper reported August 22. Official notice issued by local financial and social risk prevention and control authorities. Source: The Paper Many reportedly believe the ban, first covered by a local

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Gemini Seeks To Answer The Call Of Regulators In The Virtual Currency Sector As It Assembles A Coalition Of Four

In an effort to bring sanity and structure to the cryptocurrency sector, Gemini Trust Company LLC has created the Virtual Commodity Association (VCA). Founded five months ago and headed by Tyler and Cameron Winklevoss, the twins of Facebook and Bitcoin ETF infamy, Gemini has onboarded three other exchanges in

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‘Potential Currency Wars Could Cause Bitcoin to Gain Bullish Momentum’ – Exclusive Interview With HashChain CEO Patrick Gray

‘Potential Currency Wars Could Cause Bitcoin to Gain Bullish Momentum’ — Exclusive Interview With HashChain CEO Patrick Gray August 23, 2018 by Paul de Havilland Setting up to benefit from possible trade disputes and currency wars, Canada-based cryptocurrency mining company HashChain is due to deploy the additional 2,500 Antminer S9 rigs

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