Reputed credit rating firm Equifax has been slapped with a whopping fine of £500,000 as it was unable to protect user data during a cyber-attack that affected 15 million UK citizens by the ICO or Information Commissioner’s Office. The cyber-attack which affected nearly 146 million people around the globe was…
The project on Tezos cryptocurrency will launch its main network which supports a new virtual token on Monday- reported a Swiss foundation on Friday via Twitter. The foundation raised $232m in July of 2017 for building the network and issuing its backers a new kind of cryptocurrency. This is one…
Many tech companies in the big league including the Verizon, T-mobile, Sprint, and AT&T have joined hands for a specific revolutionary purpose. The companies have teamed up to actually create a type of single sign-on service which means that the users will no longer need to use a password manager…
The Japanese Financial giant named SBI Holdings is still not done with its attack on the blockchain. The company has quite recently announced that it will be launching an app for mobile payments and the app will be launched for both the operating systems including the iOS and Android. This…
On Thursday, Turkey has increased its interest rates to 24 percent. President Recep Tayyip Erdogan has promised to keep interest rates, low in his country. With lira being on a long-time low, he had to curb pressure from all sides to keep interest rates down. He even earned the name…
The stock market giant, Nasdaq, New York, is studying the possibility of adding sets of cryptographic data to its analysis tool, said on Sept. 11 in Cointelegraph source. Bill Dagger, head of alternative data at Nasdaq, said that, given the abundance of interest, we are exploring datasets related to the…
New York State has approved two digital currencies that are joined to the U.S. dollar and are classified as stablecoins. These cryptocurrencies avoid the price instability by being fixed to stable assets. The digital cryptocurrencies—Gemini Trust Company and Paxos Trust Company—are available to deal on their respective exchanges. It is…
XMRWallet.com, an open source, and customer side wallet provider, Monero, has launched a new web-based wallet for the Tor browser, the company said in a Reddit message. According to the post, there has been a strong demand for such a wallet led by XMR users. Now they can send and…
Brian Armstrong, CEO of Coinbase envisages that the number of people in the crypto derived ecosystem will mature from the present 4 Million to 1 Billion over the next five years, TechCrunch reported on September 7. In an interview with TechCrunch, Armstrong predicts that the crypto ecosystem and the total…
State Farm Insurance Company was found guilty in funneling the money for the Illinois Supreme Court Justice Election campaign, and need to pay a fine of $250M to settle the charges filed by the federal government. The compromise was declared in the US District Court on Tuesday. As per the…