Month: April 2019

Indian Banks Consider Promoting Blockchain Tech Use for Payments             The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian business magazine Business Today reports on April 14. The initiative of ten banks, under the aegis of the Indian Banks’ Association (IBA), aims to improve […]

Poll: Americans give social media a clear thumbs-down A sizable majority say social media does more to divide the country than unite it, according to the latest NBC News/Wall Street Journal poll.            Fifty-seven percent of Americans say social media does more to divide the nation than unite it.NBC News WASHINGTON — The American public […]

$4.3 Million Lost as Crypto Scams in Australia Rise 190% in 2018            A 190% increase in cryptocurrency scams saw Australian consumers lose $6.1 million Australian dollars ($4.3 million) in 2018, according to a report released by the country’s Competition and Consumer Commission on April 29. The substantial rise from the AU$2.1 million ($1.48 million) lost in […]

$325 Million Bitcoin-Accepting Real Estate Project in Dubai Pauses Operations               The Aston Plaza in Dubai, a major bitcoin (BTC) real estate project, is reportedly pausing its operations, British daily news agency The Times reports on April 28. The $325 million project — developed by founder of the Ultimo lingerie brand Michelle Mone and her […]

Consumer-Trageted Cryptojacking Is "Essentially Extinct": Research              Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser miningservice CoinHive shut down in early March — when the team claimed that the project had become economically inviable — […]

How Brands Use Instagram Stories To Boost Business                   The Instagram Stories feature rolled out in August 2016 as Instagram’s answer to Snapchat. It allows users to create or upload temporary publications which are viewable for 24 hours, before being archived. Instagram Stories is a powerful feature which has given brands a space to […]

Chinese Government Supports Development of "Blockchain City" in Malaysia               The Chinese government is purportedly supporting the construction of a "blockchain  city" in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26. Construction and engineering company China Wuyi and investment network […]

Now Facebook is allowing anyone to look you up using your security phone number                      And I mean, geez, stuff like this with Facebook just isn’t a surprise anymore, is it? For years social media Big Brother had been pestering its users to secure their account with two-factor authentication (2FA) by prompting them […]

SeedInvest Gains FINRA Approval as Alternative Trading System a Month After Circle Buyout             SeedInvest, the equity crowdfunding platform owned by crypto-friendly payment giant Circle, has gained approval to offer secondary shares trading, crypto industry news outlet The Block reported on April 26. The platform, which Circle bought out for an undisclosed sum in March […]