About Aisshwarya Tiwari

Pakistan Embraces Blockchain Technology; International Remittance Service Launched

According to a press release published on January 8, 2019, Pakistan’s telecommunications company Telenor, in association with Valyou, has successfully launched a blockchain-enabled cross-border remittance service. Notably, the service is powered by distributed ledger technology (DLT) developed by Alipay. Rapid...

BIS Survey: 70 Percent of Surveyed Banks Are Fidgeting with the Idea of Central Bank Digital Currencies  

A recent survey by the Bank for International Settlements (BIS) found the majority of the world’s central banks are not too keen on issuing digital currencies at least for the next three years but 70 percent of them accepted that...

Coinbase Suspends Ethereum Classic Transactions after Double Spend Attack

Shortly after detecting a deep chain reorganization of the Ethereum Classic blockchain (ETC) on January 8, 2019, cryptocurrency exchange platform Coinbase Tweeted that it has stopped all transactions related to the cryptocurrency. Ethereum Classic Blockchain Reorganized After having a monumental 2018,...

Nevada Leads the Blockchain Movement in the US; Issues Digital Marriage and Birth Certificates

According to a report by AP News, published on January 7, 2019, Nevada has become one of the leading states in the US to encourage the use of blockchain technology for government administrative purposes. Blockchain Technology used to Issue Digital...

ECB Policy Maker: Crypto Bubble Has Collapsed, Bitcoin Dill Die as a Complete Load of Nonsense

According to an article by Bloomberg, published on January 7, 2019, European Central Bank (ECB) policymaker Ardo Hansson opines that cryptocurrencies are destined to die as a “complete load of nonsense.” The Crypto Bubble Has already Started to Collapse While...

AMD’s Stock Spikes by 11 Percent After Announcement of Partnership with ConsenSys

According to a press release from ConsenSys, published on January 4, 2019, the blockchain startup has entered into a partnership with the American technology company AMD and Abu-Dhabi-based investment management firm Halo Holdings to propel the adoption of blockchain technology in...

Thailand’s NECTEC Testing Blockchain-Based Voting Mechanism for Elections

According to a report from Bangkok Post, published on January 3, 2019, Thailand is contemplating the use of blockchain technology for elections. The voting model would combine traditional voting mechanism and e-voting. Need for Digital Literacy in Thailand Thailand’s National...

Hackers Threaten to Leak Confidential 9/11 Documents Unless Paid in Bitcoin

Cybercriminal group “The Dark Overlord” has threatened to publicly release confidential files related to the 9/11 attacks if their ransom demands are not met, reports Motherboard on January 1, 2019. 9/11 Secrets up for Sale The hacker group tweeted on December 31,...

Bakkt Raises $182.5 in Funding Round; Might Be Delayed beyond January 24, 2019

According to a Medium post published by Bakkt CEO Kelly Loeffler on December 31, 2018, the much-anticipated Bitcoin contracts trading platform has successfully raised $182.5 million during its first round of funding. Heavyweights Back Digital Assets Platform Bakkt’s first fundraising...