Arket, a brand of H&M, is piloting a blockchain product integration with the help of VeChain, TheNextWeb reported. While the brand did not tell the outlet where it was using the implementation, it did say that was using the solution to securely track product data....
HSBC, the U.K. bank, is backing a U.S. startup in the blockchain field called Axoni, Cryptovest reported. The firm plans to put the funds to use by growing its AxCore system, which is based on distributed ledger technology (DLT), as well its smart contracting language...
Bitmain, the Chinese digital currency mining firm, has filed a suit in U.S. District Court against a hacker identified as “John Doe” for a reported bitcoin theft, Cryptovest reported. “John Doe” allegedly took more than $5.5 million in bitcoin, as well as other assets of...
Another exit scam has hit the crypto world. This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 million worth of investors’ money after raising 13,000 Ethereum in an ICO. Get the Full Story Complete the form to unlock this article and enjoy...
In China, a principal and a vice principal allegedly mined ethereum at a middle school in the province of Hunan, Coindesk reported. The principal had installed mining machines at home at first, but he reportedly put them in a dorm after discovering the cost of...
Canada’s St. Francis Xavier University of Nova Scotia (StFX) had to temporarily shut down its entire network due to a crypto-jacking attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Blockchain, the crypto wallet provider, plans to have an airdrop worth $125 million, Fortune reported. Through the cryptocurrency giveaway, each recipient would receive around the equivalent of around $25 in Stellar. The company said in a statement, “Accessible to anyone with a Blockchain Wallet, the...
Elon Musk’s name has reportedly been used in bitcoin scam, with the hack of multiple verified Twitter accounts, the BBC reported. The hackers allegedly took over the accounts and made the image and name to reflect Musk. One tweet that came from an account that...
The U.S. Securities and Exchange Commission (SEC) revealed in its annual report that it brought enforcement actions upon more than a dozen digital assets and initial coin offerings (ICOs) in the fiscal year that ended September 30. Get the Full Story Complete the form to...
