blockchain - FinTecBuzz

VeriBlock Discloses MESS Vulnerability in Ethereum Blockchain

July 9, 20216 min

The vulnerability would render Ethereum Classic perpetually unable to confirm transactions Today, the team behind the VeriBlock® Blockchain project, which extends Bitcoin’s Proof-of-Work (“PoW”) security to the world’s blockchains in an entirely Decentralized, Trustless, Transparent, and Permissionless (“DTTP®”) manner, published details on a critical security vulnerability in Ethereum Classic’s MESS protocol they disclosed to ETC developers last October, prior to the activation of the consensus technology on the mainnet. The VeriBlock team intentionally omitted one detail from the...

by PRNewswire

Crypto Currencies

Crypto Leaders Announce the Launch of ‘hi’ to Drive Mass Adoption

July 8, 20216 min

Cross-ecosystem financial services platform crosses 300K members – Adds WhatsApp and web app channels Today, the world’s first membership powered financial service for crypto and fiat – hi – announced that in under two months of private beta, it has gained over 300,000 members from 130 countries and is now extending its services from Telegram to WhatsApp messenger and added a web app (web.hi.com). hi will be leveraging blockchain technology to build services that are community powered. As members are the key...

by PRNewswire

Crypto Currencies

Cryptocurrency Exchange Paybis Rolls Out Instant Bank Payments

July 8, 20214 min

Paybis introduces instant bank payments solution for UK and EU; adds support for local bank payments in the US and SWIFT USD for international clients. Global cryptocurrency exchange Paybis is introducing several new payment options for its international customers. Paybis users will now be able to purchase cryptocurrencies using the United Kingdom’s (UK) Faster Payments system and the European Union’s (EU) Single European Payment Area (SEPA) for instant GBP and EUR deposits respectively. The exchange has also launched local...

by PRNewswire

Blockchain

usastrong.IO to Become the First Blockchain-verified Marketplace

July 7, 20214 min

Entrepreneur Krissy Mashinsky Grows Blockchain Biz Amid Pandemic Working women have been particularly hit hard by the job losses and dislocation wrought by the COVID pandemic. Women have lost close to six million jobs since the pandemic began, according to the Department of Labor. Fortunately, a new trend is emerging, women are starting their own businesses at an unprecedented rate. At the height of the pandemic, Krissy Mashinsky, a former top executive at popular Urban Outfitters,...

by PRNewswire

Blockchain

CoinShares to Acquire Global Blockchain Equity Index

July 7, 20218 min

CoinShares expands footprint into equities market with acquisition of the ETF index business from Elwood Technologies The Invesco Elwood Global Blockchain Equity UCITS ETF has over $1B in assets under management CoinShares also adds equity research unit and coverage of cryptocurrency and blockchain-related equities CoinShares International Limited (Nasdaq First North Growth Market: CS) (“CoinShares”), Europe’s largest digital asset investment firm, today announced it has acquired the ETF index business from Elwood Technologies. Through this platform, Elwood partnered with Invesco...

by PRNewswire

Banking

The Future of Banking to be Highlighted on Advancements TV Series

July 6, 20213 min

Scheduled to broadcast 4Q/2021, an upcoming episode of the award-winning series, Advancements with Ted Danson, will focus on innovations in borderless banking solutions. With a look at EST Global Inc. (EST Group), this segment will educate about EST Group’s vision to encompass every segment and parameter of banking, from digital wallet, identity, investment and digital asset management technologies. “EST is all about a new mantra of holistic development wherein all the various strata of society interact...

by PRNewswire

Payments

Huobi Wallet Launches 60,000 USDT Lucky Color Box Campaign

July 6, 20215 min

Inspired by the ‘blind box’ craze in Asia, Huobi Wallet users can open and collect digital mystery boxes to earn rewards. Huobi Wallet, the professional, multi-chain light wallet of the Huobi ecosystem, today announced the launch of its newest community campaign, the Huobi Wallet Summer Event. Starting today, users can participate and begin drawing “color boxes”, which are mystery boxes that contain hidden rewards valued at 60,000 USDT in aggregate. Several blockchain projects are partnering with...

by PRNewswire

Crypto Currencies

IBC Group to end Bitcoin and Ethereum Mining in China

July 6, 20217 min

Khurram Shroff led IBC Group has responded to the Chinese decision to crackdown on cryptocurrency mining within their territory, by deciding to close all its Bitcoin and Ethereum mining facilities across China. The IBC Group will move its staff to new locations; including UAE, Canada, USA, Kazakhstan, Iceland, and various South American countries. The IBC group has significant Bitcoin and Ethereum mining operations across China and has over 1500 people employed in more than 40 cities. The...

by PRNewswire

Crypto Currencies

U.S Cryptocurrency Miners Fill the Void for Power Solutions

July 2, 202115 min

Recently, the price of Bitcoin dropped after orders by local authorities to halt mining in Southwest China’s Sichuan Province came late last week, resulting in the shutdown of numerous Bitcoin mines. According to a report from Global Times (China’s national English language newspaper) the ban means that more than 90% of China’s Bitcoin mining capacity is estimated to be shut down, at least for the short term, as regulators across the country have taken similar harsh steps. Now, as a result...

by PRNewswire

Payments

iQSTEL Announced The Launch of Global Money Fintech Services

July 1, 20218 min

iQSTEL, Inc. (OTCQB: IQST) today announced the expansion and launch of its Global Money One Mobile Fintech Services. Adding to the Visa Debit Card services, iQSTEL’s Global Money One Mobile Fintech Services will now also include MasterCard Debit Card services. The rollout of iQSTEL’s Global Money One Mobile Fintech Services will begin next week on July 6th. Global Money One is a subsidiary of iQSTEL. Global Money One has developed a comprehensive Fintech Services Ecosystem around a Mobile...

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