…bitcci GROUP AG has expanded to consist of 3 public stock companies with two more companies, “bitcci Building AG” (a real-estate company) and “bitcci Club AG” (a club operation company),…
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Arab Bank launches fintech accelerator in Egypt
…startups that demonstrate strategic alignment with Arab Bank. Commenting on the launch of the programme in Egypt, Hala Zahran, Lead of AB Accelerator commented: “AB Accelerator is unique in a…
U.S. to sell cryptocurrency worth $56 million after record seizure in BitConnect fraud case
…Proceeds will be used to reimburse victims of the BitConnect fraud. The Justice Department encouraged victims of that fraud to visit a website, https://www.justice.gov/usao-sdca/us-v-glenn-arcaro-21cr02542-twr, to submit claims for reimbursement from…
What Makes Bitcoin Price Go Up … or Crash Down?
…Price Using Copula Models”(https://www.mdpi.com) (https://doi.org/10.3390/math8111859) Bitcoin has reacted to other market shocks, too. For instance, bitcoin fell by 6.9% in late 2021 when traders feared that Evergrande, the Chinese real…
Blockchain rare earth scheme to certify sustainable output for EVs
…https://www.reuters.com/article/us-eu-commodities-idUSKBN25U1CQ. The amount of funding was not disclosed. The scheme is part of Europe’s quest to jump start domestic output of super-strong rare earth magnets used in EVs. The system…
How Can Blockchain Change The Entertainment Industry
…and tickets. Parkpine Capital has recently been investing in entertainment-based crypto projects at series A. One of their founders, Ahmed Shabana recently wrote in an article on Fast Company: “With…
Israel takes global lead in fintech
…of the Israeli-founded Global-e company, which adapts commerce sites for clients in language and currency, including calculating exchange rates, customs and other taxes, as well as payment methods. The company…
EBA publishes fraud taxonomy
…related to all kinds of payments, including card transactions”. The hope is that the taxonomy will be used by banks to develop some common terminology around payment fraud that will…
The Promise of Blockchain in Mega Sport Events
…in the Division of Information and Computing Technology (ICT) at CSE. “For mega sport events, the benefits can be exceptional. Because of its transparent data structure, blockchain can facilitate secure…
DICT, DTI join hands to support Philippine Blockchain Week 2023
Philippines’ flagship blockchain event returns in Manila, September 19 to 21, 2023 MANILA, Philippines, July 5, 2023 — The Department of Information and Communications Technology (DICT) and the Department of…