Indonesian ride-hailing company Go-Jek is acquiring a “substantial” number of shares in Philippine-based blockchain services platform Coins.ph. 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...
Bitpay, a processor of digital currency payments, claims that it has handled more than $1 billion in transactions in 2018, Coindesk reported. In addition, the firm noted that last year marked the second time that it reached the milestone. BitPay Co-Founder and CEO Stephen Pair...
IBM is planning to use blockchain to help monitor supply chains in the metals industry, CoinDesk reported. In one case, the technology company plans to record the journey of 1.5 tons of cobalt through its trip from the Democratic Republic of Congo to China and...
Cryptopia, a digital currency exchange based out of New Zealand, has experienced what has been described by the company as a “security breach,” Coindesk reported. On Twitter, the company said that it had “suffered a security breach which resulted in significant losses” and called the...
Malaysia’s initial coin offering (ICO) regulations are said to take effect on Tuesday (January 15) per a notice from the Securities Commission (SC) in the country, Coindesk reported. With the order, exchanges and offerings for tokens would need the SC’s approval. Finance Minister Lim Guan...
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...
