Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency

Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president. ABC International reported the development on Tuesday, citing a televised announcement by President Nicolas Maduro, who first unveiled the...

Playboy Files Fraud Lawsuit Against Blockchain Startup

Adult entertainment publisher Playboy is suing a Canadian blockchain startup for fraud and breaching a contract the two companies signed earlier this year. According to a lawsuit filed in early August with the Los Angeles Superior Court, Playboy and Global Blockchain...

The Code for an Anonymous Lightning Network is Now Live

The lightning network is due for a privacy boost. That's according to Dr. Ayo Akinyele, a computer scientist who has focused his efforts on building a zcash implementation of anonymous off-chain payment architecture called BOLT. And today that work was published on...
Banking on Mobile Technology

Banking on Mobile Technology

Every day, people turn to technology to replace the traditional banking experience. In fact, 50% of all adults will use a mobile device to access financial services by 2021.However, banks aren’t exactly optimistic about this change. Since 2012, several major US banks...

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