Antigua’s Crypto Regulation Bill Passes Lower Parliament

Antigua and Barbuda’s House of Representatives passed a cryptocurrency regulation bill on May 27. With this bill, they have taken steps towards becoming digital asset-friendly destinations in the Caribbean.The regulatory...

TON Doesn’t Stand for ‘Telegram Open Network’ Anymore

TON once stood for “Telegram Open Network,” but has changed its name to reflect the messaging giant’s departure from the blockchain project. The project will simply be known as “The...

High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India

A recent report highlights that India’s growing demand for cryptocurrencies is driven by the need for lower remittance fees and a more stable currency to store value. The cryptocurrency spot and...

Vodafone to Connect ‘Billions’ of Energy Producing Devices Using Blockchain

Global telecommunications giant Vodafone has partnered with blockchain startup Energy Web (EWT) to connect “billions'' of distributed energy generating assets via internet-of-things (IoT) and distributed ledger technology (DLT).Energy Web announced...

Pandemic Highlights Inefficient Systems: Blockchain Can Help

The Swiss-based non-profit blockchain industry association, the Global Blockchain Business Council (GBBC), believes that the crises resulting from the coronavirus pandemic have highlighted the benefits of distributed ledger technology (DLT).In...

Polkadot Mainnet Not Yet Live, Just a Mainnet Candidate

Polkadot (DOT) launched a stand-alone blockchain today, although the network is not considered the project’s mainnet yet.Polkadot sits under the wing of blockchain infrastructure company Parity Technologies, and the Web3...

Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm

LG has partnered with United States-based company Evernym to develop blockchain ID technology.Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services...

Australian University Launches Blockchain Postgraduate Program With IBM

RMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology.The university announced May 26 that it was partnering with...

Bank of Lithuania Envisions Future Cross-Industry Blockchain Platform

The Bank of Lithuania (BoL) has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector.On May 26, the central bank’s blockchain-based sandbox, LBChain...

Ransomware Attacks Are Exploding in the Education Sector

Educational services across the globe have been witnessing a surge in ransomware attacks in 2020. According to Verizon’s 2020 Data Breach Investigation Report, ransomware attacks account for approximately 80% of...