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Danske Bank Caught Using Gold Bullion to Launder Illicit Funds


The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...

Crypto 2020: How Adoption Will Look Next Year and Beyond


According to Kaspersky's Cryptocurrency Report 2019, 19% of surveyed people (in 22 developed economies) have bought at least one kind of cryptoc urrency or another, and while this is an encouraging percentage for such an immature sector, it's clear that crypto still has a long way to go if it wants...

QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices


Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong...

Crypto-Based Commerce Spikes 65% in 7 Months


Commerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase of volume in the first half of the year. The positive change coincided with the remarkable market recovery that followed last year’s...

Diana Smith’s Pure CSS Artwork “Lace”


Diana is at it again with her absolutely unbelievable CSS paintings. This latest one is called Lace. Past paintings are Francine, Vignes, and Zigario. She wrote for us last year if you'd like a little insight into her thinking. Andy Baio looked at the painting in a variety of older...

Crypto Tax Guidelines Leave More Questions Than Answers


Cryptocurrency holders have long wrestled with their tax obligations. These fiduciary duties have been complicated by tax agencies, which are several steps behind technology and now playing crypto catch-up. Updated guidelines from the U.S. and U.K.’s tax agencies were finally released this...

Meet Flowee the Hub: A Feature-Rich Bitcoin Cash Validator


Bitcoin Cash development has been growing wildly over the last year between third party services and infrastructure. Since the inception of BCH, there’s been a number of full node clients that not only distribute important binary data but offer a variety of different features as well....

Turkey to Launch Digital Lira in the year 2020


The Presidential Program circulated on November 3rd, stipulates that the initial trials of lira must be performed and completed by 2020 end, says the document published by the official national publication of Turkey, Resmi Gazet. History: 2018 marked a time of real bad currencies and worst debt...

190 Indian Bank Locations Raided in Massive Fraud Crackdown


India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State...

Central Bank Blockchains and Corporate Ledgers Are Still Vaporware


There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...

The North American Bitcoin Conference Returns


Pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-running and most attended finance conference...

Bad Loans at Big British Banks Jump Over 50% in a Year


Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...

Another Chinese Lender Bailed Out After Bank Run


Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...

Kuverit Launches Multi Trader Marketplace


To what was considered as the “dot-com bubble” in the year 2000, Blockchain technology has become as sensationalised and disruptive as the internet was in the late 1990s.Even though the technology is still in its infancy stage, individuals and corporate bodies are already leveraging on it to expand...

Blockchain Conference TNABC Returns to Miami


On January 16-17, The North American Bitcoin Conference (TNABC) and Miami Blockchain Week are returning to the sunshine state as 2020 sets in motion. TNABC, celebrating its seventh year running, will feature prominent speakers, crypto developers, and blockchain executives during the event hosted...

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