Category Archives: News

News

Portuguese Tax Authority Issues Ruling on ICO and VAT: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, […]

Korean Customs Service to Develop Full-Scale Blockchain Customs Platform

The Korean Customs Service (KSC) has signed an MoU with the Korean operator of Malltail to develop a blockchain-based customs platform for the e-commerce industry, local media outlet Chosun reports today May 29. Malltail is the leading consumer parcel forwarding service to Korea, with reportedly over one mln users. Its Korean operator, Korea Center, […]

S. Korea: Financial Regulator ‘Sympathizes’ With Demands to End Crypto-Blockchain Regulatory Split

A South Korean blockchain researcher has criticized the government’s approach to regulation of the technology at the 2018 Seoul Financial Forum, local media reported May 29. Addressing the head of South Korean regulator the Financial Supervisory Service (FSS) Lee Geun-woo, Park Sung-joon, head of the Blockchain Research Center at Dongguk University, said adopting different […]

Australia: PwC, Chamber of Commerce, Port of Brisbane Partner for Blockchain Pilot

PwC Australia, the Port of Brisbane, and the Australian Chamber of Commerce and Industry have partnered to release a blockchain-based supply chain management proof of concept (PoC), according to PwC’s press release published today, May 29. The Trade Community System digital application will connect commercial operators across a supply chain for international trades. The […]

Chinese Report: ‘Epic’ Vulnerabilities Discovered in EOS Blockchain, Patched Same Day

China’s largest Internet security company, Qihoo 360, has found several high-risk security vulnerabilities in EOS’s blockchain platform. These vulnerabilities would enable remote attacks on all EOS nodes, Qihoo 360 claimed on Weibo Tuesday, May 29. Qihoo 360 writes that they reported the vulnerability to the EOS team and that the EOS mainnet will not […]

Crypto World ‘Absolutely, Definitely in a Bubble’: Jimmy Wales at BlockShow

The second day of the BlockShow Europe 2018 conference kicked off with a keynote speech by Wikipedia co-founder Jimmy Wales. Wales said that cryptocurrency and blockchain are “in a bubble” Tuesday, May 29. Speaking as part of a presentation on the objective future of crypto assets versus their representation in the press, the veteran […]

Founder of Chinese Ride Hailing Company to Launch Blockchain-Based Taxi App

Chen Weixing, the founder of Chinese ride hailing company Kuaidi Dache, is planning to launch a blockchain-based ride hailing app, China Money Network reports May 28. Chen is partnering with co-founder of Meituan Yang Jun to launch the project. Chen aims to create a platform that will offer lifestyle services such as ride hailing […]

German Prosecutors Sell Seized Crypto for Millions of Euro

Prosecutors in the German federal state of Bavaria have sold seized cryptocurrency worth €12 mln ($13.9 mln), the highest such sale in German legal history, local news Der Tagesspiegel reported May 28. The sale reportedly involved 1312 Bitcoins (BTC), in addition to significant amounts of other digital currencies, including 1399 Bitcoin Cash, 1312 Bitcoin […]

Chairman Mao Zedong Stunt Sparks an Uproar at Blockchain Conference In China

At the 2018 Boao Asia Blockchain Conference held in China on May 28, organizers have drawn a round of criticism on social media by arranging a performance of a Mao Zedong impersonator, Reuters reported May 28. During the conference, an actor dressed in a grey Mao suit gave a speech in the style of […]

Iran: Crypto Adoption or Rejection?

A major benefit of Bitcoin and cryptocurrencies is the ability to send funds across the world far quicker than through conventional methods. This allows people to bypass traditional foreign exchanges and international bank transfers, that can takes days or weeks to process the transfer of funds between countries. It also offers a solution […]