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Craig Wright Court Saga Nears Judgment Day With More Questions Than Answers

[ad_1] It has been over a year since Australian computer scientist Craig Wright proclaimed himself as the inventor of Bitcoin (BTC), and the estate of his late business partner, Dave Kleiman, became clinched in litigation over the fruits of the duo’s collaboration in the inaugural years of the cryptocurrency era. The stakes include billions worth of Bitcoin as well as ownership of blockchain-related intellectual property.Mainly because of what the magistrate judge
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Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk

[ad_1] Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the Supreme Court had asked the Reserve Bank of India (RBI) to clarify its position as to why exactly it enforced a nationwide banking ban on the country’s crypto market, as well as to discuss the seemingly
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More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

[ad_1] Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts.Instagram says deceptive advertisements have no place on its platform and plans to continue improving its detection protocols for such content. Social platforms have been known to censor crypto-related content, instituting blanket bans on crypto ads
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Better Safe Than Hacked? Google and Apple Flip-Flop on Crypto

[ad_1] The cryptocurrency sector has many criticisms. One is that it can appear impenetrable to newcomers. Another is that it is probably easier to lose money investing in crypto than in most other areas of finance. What’s more, these issues can combine to create a lucrative environment for hackers with nefarious intentions. Chrome browser extension makes a stinkBy virtue of the fluctuations and hype that influence the markets, investors are often
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India’s Payments Platform Vajra Gets the Blockchain Ball Rolling

[ad_1] While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Vajra, to make the payment process easier, faster and more transparent. After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide a highly secure, tamper-proof database for various payment procedures. The NPCI is an umbrella organization for retail payments and settlement systems
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Insurance Industry Eyes Blockchain as Top Firms Begin Tests

[ad_1] On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years.The most unique quality of a blockchain is that once a piece of information is added to the distributed ledger, it cannot be altered. The information stored on a blockchain is absolutely secure and trustworthy in
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Blockbuster or a Bust? Tickets Industry Lines Up Around the Blockchain

[ad_1] Ticketmaster, one of the largest event ticket distributors in the world, announced in October 2018 that it had acquired Upgraded, a blockchain technology company specializing in live event ticketing.By applying blockchain technology, Ticketmaster set out to solve some of the biggest challenges facing the billion-dollar ticketing industry. For example, the company intends to use blockchain to provide event creators with more control and visibility over ticket distribution, while protecting
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Experts Claim Allegations on MakerDao Vulnerabilities Are Substantial

[ad_1] At the start of December, the Maker Foundation hosted a number of governance polls on its website to ease rising concerns following allegations put forth by developer Micah Zoltu in regards to how hackers with enough financial resources could potentially carry out an attack on the MakerDAO network and steal close to $340 million.As part of the initiative, the foundation’s interim risk team asked their global community of users
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Blockchain Pilot Makes Waves in Russia’s Energy Sector

[ad_1] Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is looking to automate and make transactions between energy producers, suppliers and consumers more transparent.Now that the first stage has been successfully completed, the partners will proceed to scale up their efforts. Ultimately, they
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Alleged Asian Exit Scam to Blame for Market Decline?

[ad_1] In the last week of November, the saga of an alleged crypto Ponzi scheme that has been lingering for more than half a year took a new turn. A hobbyist blockchain researcher reported on Twitter that he’d tracked almost 200,000 BTC that had gone missing over the summer, when several million people invested in PlusToken — a South Korea-based exchange and a high-yield investment program — found themselves unable to