What Is Facebook Going to Do with Blockchain Tech?

What Is Facebook Going to Do with Blockchain Tech? Facebook’s silence around blockchain was deafening. Louder still were the voices of speculation over its lack of comment. If one of the largest tech companies in the world wasn’t jumping on the blockchain train, perhaps the whole thing was smoke and mirrors after all. Then Bitcoin nose-dived,…

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Payments Platform Uphold Completes XRP Ledger Integration

Payments Platform Uphold Completes XRP Ledger Integration Mobile payments startup Uphold said Thursday that it had completed integrating the XRP ledger to its platform, meaning clients can now have XRP wallet addresses directly through its app. Due to the integration, Uphold clients can now deposit, withdraw and send XRP tokens to different wallets through the…

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ShipChain Pushes Back Against Securities Violations Claims

ShipChain Pushes Back Against Securities Violations Claims Supply chain startup ShipChain claims it was unaware its SHIP tokens were available to South Carolina residents in its first public response to the state’s cease-and-desist order. The blockchain company said in its statement that “ShipChain does not believe that [its] tokens are securities,” responding to an order issued by…

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New Strain of Malware Hijacks Apple Macs to Mine Monero

New Strain of Malware Hijacks Apple Macs to Mine Monero A new type of malicious software infecting Apple’s Macs is mining monero, researchers with cybersecurity firm Malwarebytes announced. In a blog post Tuesday, the antivirus software developer revealed that an innocuous Mac process called “mshelper” was being abused on infected machines to mine monero for an…

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Bank of Spain Governor: Cryptocurrencies Pose ‘More Risks Than Benefits’

Bank of Spain Governor: Cryptocurrencies Pose ‘More Risks Than Benefits’ The head of Spain’s central bank believes in blockchain technology, but is far more uneasy about cryptocurrencies. Banco de Espana governor Luis Maria Linde discussed cryptocurrencies during a recent speech organized by auditing firm Deloitte, saying that they “present more risks than benefits.” That being…

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Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales

Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales Singapore’s central bank said today, May 24, that it had issued a warning to eight cryptocurrency exchanges over securities compliance and ordered an ICO to stop issuing tokens. In a press release, the Monetary Authority of Singapore (MAS) reiterated operators in the city-state “are responsible for ensuring that…

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