Israeli Firm Unveils Tech Allowing Users to ‘Undo’ Erroneous Ether Transactions
Kirobo has repurposed its bitcoin transaction reversal feature to work on Ethereum. Source
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Tech
US Prosecutors Seek ‘Substantial’ Prison Sentence for Centra Tech Co-Founder in $25M Fraud Token Sale
U.S. federal prosecutors are seeking a substantial prison sentence for Robert Farkas, one of the co-founders of crypto project Centra Tech, which garnered multiple celebrity endorsements for its initial coin offering (ICO) in 2017. Farkas later pleaded guilty to fraud. In a sentencing submission filed with the U.S. District Court for
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Australian Senator Touts Blockchain Tech for ‘One-Touch’ Government
An Australian senator has come out as a big fan of blockchain, saying the technology could help facilitate government processes, tighten up financial regulation and more.As reported by ZDNet on Wednesday, Andrew Bragg, senator for New South Wales, boldly said that “the future is technology by blockchain,” at the Future
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IBM-R3 Pact Shows Tech Trumps Tribe in Enterprise Blockchain
News this week that R3 and IBM are working together raised eyebrows, because each entity has been on different and competing sides since the early days of enterprise blockchain.From next month, the commercial version of Corda (the version big banks and the like are paying R3 for) will be made
Read MoreCrypto P2P adoption in Middle East stymied by politics and tech
Data published by Arcane Research suggests that despite demand for peer-to-peer crypto trading platforms in the middle east, regulations and lack of infrastructure is slowing down adoption. But undocumented migrants in western countries have been making use of these platforms to send money back home.According to an October report from the
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Tech IPOs Flourishing In The U.S. And China But Not Europe, Why?
U.S. and China have had a good year for stock market debuts where share listings came from big tech names like Palantir and Ant Group. However, this is not the case for Europe.Unlike previous years when notable companies like Spotify Technology SA (NYSE: SPOT) music streaming service and Adyen (Euronext:
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Trump’s Security Hawks Call Distributed Ledgers ‘Critical’ in US-China Tech Arms Race
DLT is among 20 "critical and emerging" technologies in Trump's new strategy for preserving America's technological edge. Source
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Canadian Pacific Railway Seeks Logistics Boost From Blockchain Tech
Canadian Pacific – in operation since 1881 – has joined blockchain-based logistics platform TradeLens. Source
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Shenzhen Giving Away Millions in Digital Yuan in Lottery to Boost Consumption, Test Tech: Report
The rapidly growing city of Shenzhen will be giving away 10 million yuan (US$1.47 million) of China’s new sovereign digital money via lottery, as China seeks to test out and stimulate the usage of the digital funds, according to a report in the South China Morning Post. Source
Read MoreA researcher debunks Stock-to-Flow model, likens Bitcoin to a ‘tech stock’
A report authored by the research team of ByteTree purports to debunk one of the most popular Bitcoin (BTC) valuation models — Stock-to-Flow. The model provides a very optimistic forecast for Bitcoin, claiming that a year from now we should see price levels above $100,000.Source: Glassnode.BytTree’s co-founder and chief investment
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