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DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia

Decentralized Alternative Cabs Serving & Empowering Everyone (DACSEE), a ride-hailing platform built on blockchain technology targeting the Asian market, has launched its mobile application, debuting in Malaysia, the startup announced on Wednesday. DACSEE is now available for Android users in Malaysia. The iOS app will be available on April 27. The startup said the mobile… Continue reading DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia

$150,000 USD in Ethereum Stolen in MyEtherWallet Hack

For two hours yesterday, April 24th, 2018, hackers diverted visitors of MyEtherWallet.com, accessing user accounts and stealing approximately 215 ether. MyEtherWallet warned users on Reddit and Twitter as soon as the hack was identified. But, this left a couple of hours where users of the wallet attempting to visit the MyEtherWallet.com website were redirected to… Continue reading $150,000 USD in Ethereum Stolen in MyEtherWallet Hack

On Chain VS. Off Chain Governance: The Ins And Outs

To understand the importance of blockchain governance and the debate surrounding it, It is important to first define blockchain governance and it’s role in the entire blockchain ecosystem. Blockchain governance in cryptocurrencies relates to decisions about two things: the rules of the protocol (the code) and the incentives the network is based on (the economics).… Continue reading On Chain VS. Off Chain Governance: The Ins And Outs

Financial Firms are Ready to Enter the Cryptocurrency Market Says New Survey From Thomson Reuters

A Thomson Reuters survey claims that one in five financial institutions are considering cryptocurrency trading in 2018, with many planning to do so in the next few months. The survey by the leading professional market news service was conducted with over 400 Thomson Reuters trading solutions clients, including users of the Eikon, REDI, and FX… Continue reading Financial Firms are Ready to Enter the Cryptocurrency Market Says New Survey From Thomson Reuters

Facebook Should Take Responsibility, Says Money Saving Expert Suing Platform Over Cryptocurrency Scams

Martin Lewis, a British consumer advice and Money Saving Expert, is suing Facebook for defamation after it failed to stop scammers posting fake adverts using his picture, name, and reputation. Lewis, who is the founder of consumer help site MoneySavingExpert.com and a TV presenter on ITV’s The Martin Lewis Money Show, explained in a blog… Continue reading Facebook Should Take Responsibility, Says Money Saving Expert Suing Platform Over Cryptocurrency Scams

eToro Adds EOS as Demand for Altcoins Surges

Responding to consumer demand for altcoin investment opportunities and trading eToro has added EOS to its platform as of April 23rd, 2018. eToro is a next generation global trading and investment platform with nine million users. It boasts the ability for users to manually invest in over 1,500 instruments, copy the trades of more experienced… Continue reading eToro Adds EOS as Demand for Altcoins Surges

S Korea Telco To Use Blockchain For Asset Management And Authentication

SK Telecom (SKT), a South Korean telecommunications operator, is looking to adopt blockchain technology for identity management, improved payments and asset management, the firm announced on Tuesday. Oh Se-hyeon, the executive vice president of SKT’s blockchain unit, said the firm is planning to launch a blockchain-based asset management and payment services. “The service will allow… Continue reading S Korea Telco To Use Blockchain For Asset Management And Authentication

Kyber Network and My Ether Wallet Launch Decentralized Instant Token Exchange

Ether holders will now have the ability to exchange their ETH for popular ERC20 tokens by utilizing a new token-swap feature launched by MEW, the first Ethereum wallet provider, and Kyber Network, the first decentralized, on-chain exchange platform. This feature will allow MEW wallet users to easily convert their Ether into twenty different ERC20 tokens,… Continue reading Kyber Network and My Ether Wallet Launch Decentralized Instant Token Exchange

Crypto Exchange Huobi Eyes European Expansion With London Office

Huobi, a cryptocurrency exchange platform originally from China, is looking to expand into the European market with a new office in London to be launched later this year, the company announced on Monday. Huobi operates several brands covering cryptocurrency trading, asset management, among other services. Huobi Pro is the affiliate headquartered in the Seychelles that… Continue reading Crypto Exchange Huobi Eyes European Expansion With London Office

Delhi High Court Challenges RBI’s Circular Barring Cryptocurrency Services

The Reserve Bank of India (RBI), the Goods and Services Tax (GST) Council and the Ministry of Finance have been issued a notice by the Delhi High Court challenging a circular that bars financial lenders from providing services to cryptocurrency exchanges. The notice from the High Court is reportedly in response to a claim filed… Continue reading Delhi High Court Challenges RBI’s Circular Barring Cryptocurrency Services