Companies at work on blockchain development might receive a tax benefit from the government of South Korea in the future, TheNextWeb reported. The Ministry of Strategy and Finance reportedly said the amendments to its 2018 tax law, which is said to start being enforced next...
Those who look toward blockchain as a game changer, bringing old business models to a new paradigm, point toward the fact that information can be recorded but not altered. Thus, goes the rationale, security and trust are inherent parts of this digitally-driven process, with benefits...
Blockchain and digital currency startups notched over £200m in funding from venture capitalists in 2018 per Pitchbook and London & Partners data, TheNextWeb reported. By comparison, the startups from those industries only took in £19.11M in funding in 2017 compared to £51.96M the year prior....
Coinbase reportedly stopped all Ethereum Classic (ETC) transactions following a potential so-called “double spend” attack, The Hacker News reported. The cryptocurrency exchange found “repeated deep reorganizations” of the digital currency’s blockchain. According to the outlet, attackers reportedly took coins that had been spent from those that...
Leafbuyer Technologies said on Monday (Jan. 7) that it has rolled out the first part of a blockchain initiative that has multiple phases, according to an announcement. With the launch, customers can make a blockchain wallet from inside the Leafbuyer Loyalty application. After users make...
The China Banking Association (CBA) has announced the launch of a blockchain-based platform for trade finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
BitTorrent introduced a digital token that enables its users to receive faster downloads on the file-sharing platform, Venture Beat reported. The BitTorrent Foundation-issued cryptocurrency will let users earn rewards for sharing their computer power. At the same time, users can use the tokens toward speedier...
Bitcoin finished up its worst year yet, as the price of the popular cryptocurrency plummeted by over 80 percent over 2018, Coindesk reported. In addition, the digital currency’s total capitalization dropped by almost $700 billion. That news came after the cryptocurrency reached a record high...
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