NewsRoom Articles - Page 87 of 150

MondayAug 05, 2019 10:55 am

Walmart Submits Patent For Stablecoin

Look out Facebook, retail giant Walmart filed for a patent for a “System and Method for digital currency via blockchain” back in January, 2019. In essence, they have proposed their very own stablecoin. The abstract of the patent application states that the method of their digital currency will be equal to a regular currency, specifically the U.S. Dollar. The method behind this digital currency is blockchain technology that will allow overlaying the digital currency unit with a customer’s purchase history which could also calculate savings and potentially apply those savings to the customer purchases, and to use its cryptocurrency for…

FridayAug 02, 2019 12:46 pm

Untraceable’s Blockchain Futurist Conference Creates a Special VIP Experience at a World-Class Venue

Futurist 2019 will take place at the Rebel Entertainment Complex & Cabana, a venue scenically located at Lake Ontario and equipped with a $50 million sound and lighting stage as well as a two-level exhibition space. Now in its second year, Canada’s largest blockchain conference is expected to be even bigger and feature a more diversified range of events. VIP Futurist Conference participants who buy bulk tickets (at least four) will benefit from an added perk: their own cabana, available over the entire course of the conference, including the closing cabana party event. Building on last year’s successful inaugural event,…

FridayAug 02, 2019 10:54 am

Money Laundering: Bitcoin vs USD

Data from Chainalysis and the United Nations Office on Drugs and Crime revealed that traditional fiat money is used 800 times more than bitcoin to launder money on the darknet. Moreover, these results don’t take into account estimates of money laundering through conventional markets. The Senate committee states that cryptocurrencies such as Bitcoin have been exploited to support billions of dollars of illicit activity like cyber crime, tax evasion, extortion, ransomware, drugs, and human trafficking. Many players in the past have attempted to use cryptocurrencies to fund their malignant behavior which is a national security issue. However, Europol’s report, “Why…

ThursdayAug 01, 2019 11:56 am

From Silk Road to the End of the Road

On July 18, 2019, the United States Attorney for the Southern District of New York and a Special Agent-in-Charge from Homeland Security Investigations announced the arrest of Hugh Haney with money laundering from the proceeds of narcotics trafficking on the “Dark Web”. The Dark Web is often referred to as the “Silk Road” for black market goods, a historical reference to the network of trade routes from the Han Dynasty (206 BC – 220 AD) used by merchants who wanted to circumvent restrictions and regulations. Today, the Silk Road has gone digital for the sale of illicit goods and services…

WednesdayJul 31, 2019 12:32 pm

IRS is Sending Warning Letters to Crypto HODLers!

Over 10,000 crypto HODLers have received a firm warning from the Internal Revenue Service (IRS), the United States’ government’s tax organization just last week in the form of letters. They sent about three variations of such letters out by following the information that the IRS has about each individual. One variation demanded that its recipient sign a statement declaring that they complied with tax law under the penalty of perjury. An IRS Commissions official, Chuck Rettig said that they should not take lightly this warning, “taxpayers should take these letters very seriously,” he said. “The IRS is expanding efforts involving…

TuesdayJul 30, 2019 12:16 pm

FinovateFall 2019 to Focus on the Future of Fintech in World’s Financial Capital

What better place than New York City, the world’s financial capital, to foretell the future of fintech? It was in the Big Apple, after all, that securities trading got underway in earnest with the formation of the New York Stock & Exchange Board, the precursor to today’s New York Stock Exchange. Come September, the Finovate conference series will continue to foster that spirit of innovation and enterprise as FinovateFall 2019 makes its way to NYC. The event will take place at the New York Marriott Marquis on Broadway. The main conference runs September 23-25, 2019, with an additional summit day…

TuesdayJul 30, 2019 10:40 am

Robinhood Funding and Crypto Entrepreneur Lessons

Robinhood Raises $323 Million at $7.6 Billion Valuation Stock trading app Robinhood recently raised $323 million at $7.6 billion valuation. As announced fairly recently, the funding round was led by DST Global. Founded in 2013, Robinhood is a securities trading app that lets users trade stocks without charging any commission. In February 2018, the company also opened doors to cryptocurrency trading, and expanded its crypto operations to the elusive New York market in May 2019. According to company officials, the funding would be used to further expand the company’s operations. Robinhood Focused on Free Stock Trading Robinhood, like Binance has…

MondayJul 29, 2019 3:24 pm

Experience HERC Technology Live at Blockchain Futurist Conference by Tracking Produce, Artwork, Insurance and Collectibles Onsite

One of the emerging strengths of the blockchain platform is how it enables agricultural companies to track the produce supply chain from farm to table. This is key in an era when frequent reports about tainted food and E. coli outbreaks have heightened concerns over food sourcing. Blockbuster marketing and strategy firm Untraceable recognizes this technological power and has harnessed it as preparations are made for the second annual Blockchain Futurist Conference, which will take place Aug. 13-14 at Toronto’s premier Rebel Entertainment Complex & Cabana (http://ccw.fm/Wc3q3). Last year, more than 2,300 participants helped inaugurate the multi-day event, which celebrates…

MondayJul 29, 2019 1:42 pm

Voice of Blockchain to Gather ‘Cream of the Crop’ for Largest Digital Asset Event

The second annual Voice of Blockchain, set for September 30 to October 1 in the Windy City, is shaping up to set the standard for blockchain networking events. Event speakers and sponsors include some of the best-known influencers and leaders in artificial intelligence (AI), financial services, health care, gaming and eSports, insurance and Internet of Things (IoT), as well as investment management, mass transportation, media, real estate, supply chain solutions and other fields associated with blockchain technology. As a result of the impressive agenda, more than 1,000 attendees are expected. Participants will be hard-pressed to choose from the 98 individual…

MondayJul 29, 2019 1:27 pm

Coinvention 2019 Cultivates Collaboration in Crypto Community

With Coinvention 2019 only two months away, the buzz in the crypto community is climbing to a crescendo. The event promises to be more than just a forum where the latest developments in blockchain are aired. The gathering’s position as a platform for networking and generating use cases for the technology is firmly established. Tributes to its success in promoting debate and cultivating collaboration in the blockchain space poured in after last year’s convention, so it is with an air of expectation that blockchain believers and beginners alike welcome this premier event’s return to Philly. On Friday, September 20, Coinvention…