Russian-Ukrainian Cybercrime Gang Arrested In Spain, Allegedly Used BTC To Launder $1.24 Bln

The Spanish police have arrested a cybercrime gang made up of Russian and Ukrainian nationals who were allegedly involved in stealing more than $1.24 bln from financial institutions worldwide, subsequently converting their illicit gains into Bitcoin (BTC), Associated Press reports March 26. According to statements issued by the Spanish police and Europol, the leader of …

Latest Pronouncements From OECD, EU & G20 Allow Fintech To Flourish: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please …

Cryptocurrency and Equity Markets: Weekly Performance Overview

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: fear and uncertainty returns Stocks …

China Filed The Most Blockchain Patents In 2017

The most patent filings for Blockchain technology to the World Intellectual Property Organization (WIPO) in 2017 came from China, Financial Times reports March 25. Data collected by Thomson Reuters from the international patent organization show that over half of the 406 patents in 2017 were from China: the country filed 225 Blockchain patents, followed by …

Japan’s IT Giant Fujitsu Opens International ‘Blockchain Innovation Center’ In Belgium

The leading Japanese information and communication technology (ICT) firm Fujitsu recently announced the opening of its international Blockchain Innovation Center in Brussels, Belgium to explore the technology’s potential applications in all possible areas, according to a  press release published March 21. In its official statement, Fujitsu claimed that the new center will research and develop …

Nigerian Regulator Warns Against Crypto Transactions Since They’re ‘Not Insured’

Nigerians have been warned by the Nigeria Deposit Insurance Corporation (NDIC) against the use of cryptocurrencies because the Central Bank of Nigeria (CBN) does not recognize them as legitimate currency, local news outlet Business Post Nigeria reported yesterday, March 23. Business Post Nigeria notes that this is not the first warning against cryptocurrencies, as “various …

IT Ministry To Create Committee For Blockchain Standards, Domestic And International

The Chinese Ministry of Industry and Information Technology (CMIIT) has published a list of objectives to encourage the development and standardization of the technology sector, including Blockchain, according to a document released March 23. The document begins with an objective to “promote the establishment of […] the National Blockchain Distributed Accounting Technology Standardization Committee” and …

USPS Files Patent To Use Blockchain Tech In User Ident… | News

The United States Postal Service (USPS) had filed a patent last September for a system with public and private keys and a “block chain [sic] component” for authenticating user information, according to a patent filing released yesterday, March 22, by the the US Patent and Trademark Office. The patent, titled “Methods and Systems for a …