Taiwan Indicts Seven Allegedly Fraudulent Bitcoin Investment Managers

Seven people who allegedly managed a fraudulent crypto investment scheme have been indicted in Taiwan, according to a report by English-language local media FocusTaiwan on Jan. 18. According to the report, citing local prosecutors, the defendants were charged with the violation of Taiwan's Banking and Multi-Level Marketing Supervision acts. The group was reportedly arrested on…

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Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, TRON, Bitcoin SV, Cardano: Price Analysis, Jan. 18

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. In a recent interview with Cointelegraph, Sterling Witzke,…

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Linux-Targeting Cryptojacking Malware Disables Cloud-Based Security Measures: Report

A new cryptojacking malware has the ability to disable cloud-based security measures to avoid detection on Linux servers, research by information security company Palo Alto Networks Jan. 17 reveals. The malware in question mines Monero (XMR) and is reportedly a modified version of one used by the so-called “Rocke” group, originally discovered by cybersecurity firm…

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Spanish Car Manufacturer SEAT Joins Alastria Consortium to Develop Blockchain Products

Spanish automobile manufacturer SEAT has joined Alastria consortium to work on the development of blockchain-based products. Cointelegraph in Spanish reported the news Jan. 16. Founded in 1950, SEAT is a state-owned industrial company and Spain’s largest car manufacturer. SEAT’s turnover reportedly reached a record figure of 9.552 billion euro ($10.878 billion) in 2017, which is…

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Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX

Founder of blockchain tech company ConsenSys Joseph Lubin has been appointed to the board of directors of cryptocurrency startup ErisX. The news was revealed in an official press release published Jan. 17. Cryptocurrency exchange ErisX is a reboot of a futures market Eris Exchange, originally established in 2010. In December 2018, ErisX raised $27.5 million…

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Crypto Exchange Coinbase Acquires San Francisco-Based Tech Startup Blockspring

Major cryptocurrency exchange and wallet provider Coinbase has acquired Andreessen Horowitz-backed tech startup Blockspring. The purchase was revealed in a blog post published Jan. 14. San Francisco-based Blockspring produces tools that enable developers to automatically gather and process information from application programming interfaces (APIs). In 2015, the company raised $3.4 million in a round led…

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Swarm Now Offers No-Fee Issuance of Security Tokens on Its Platform

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Swarm, the platform that tokenizes securities, has announced that it will offer token issuers free issuance of their security tokens. The tokenization of assets is a rapidly growing niche in the crypto space that lets users buy fractional amounts of a security and earn interest from it. This news coincides with Swarm’s introduction of a…

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Wanchain Joins Telefónica, One of the World’s Largest Telephone Operators, Developing a Mobile Blockchain Future

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned…

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Ford, IBM, LG Partner to Track Your [Conflict-Free] Smartphone & Car Batteries on a Blockchain

Car charger image from Shutterstock South Korean battery maker LG Chem, tech giant IBM, auto manufacturer Ford Motor and others have partnered in a blockchain project aimed at infusing transparency in the global mineral supply chain, impacting batteries used in smartphones and electric vehiceles. Specifically, the project will track cobalt mined in the Democratic Republic…

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UPS Unveils Equity Investment and Partnership With Blockchain B2B Firm Inxeption

The investment arm of logistics giant UPS has made an undisclosed equity investment in United States enterprise blockchain company Inxeption, the firm confirmed in a press release Jan 16. Inxeption, which began operations in 2017, aims to use blockchain technology to improve various processes for businesses, including product design, manufacturing and supply chain management. Neither…

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WWF Launches Blockchain Tool to Track Food Along Supply Chain

World Wildlife Fund-Australia (WWF-Australia) has announced the launch of a supply chain tool that uses blockchain to allow businesses and consumers to track food items, according to a tweet today, Jan. 17. The platform, dubbed OpenSC, is the product of a partnership between WWF-Australia and BCG Digital Ventures (BCGDV) — the global corporate venture, investment…

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Blockchain Tech Firm Blockstream Launches Beta Version of Satellite API for Data Broadcast

Blockchain technology company Blockstream is launching the beta version of its Blockstream Satellite API, designed to help developers broadcast data via the company’s satellite network. The launch was revealed in the official announcement published Jan. 16. The move follows the company’s satellite service expansion back in December, when it started broadcasting Bitcoin’s (BTC) blockchain on…

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Why Ford Believes Blockchain Can Help Fight Child Labor

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Ford has partnered with IBM to use blockchain to fight child labor in the cobalt mining industry. | Source: Shutterstock Automotive giant Ford has entered a partnership with IBM, Huayou Cobalt, and LG Chem to build a blockchain platform to monitor the supply of cobalt from the Democratic Republic of Congo as part of an…

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Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 16

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. Although cryptocurrency prices have so far been unable…

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ConsenSys Joins News Industry Leaders to Invest in New WordPress Publishing Platform

Blockchain tech firm ConsenSys has joined news industry leaders to contribute to the creation of a new revenue-generating news platform by WordPress, according to an official press release published on Jan. 14. ConsenSys has invested $350,000 in the new WordPress project called Newspack, an open-source publishing platform for news companies. Through the investment, the major…

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New WordPress Publishing Platform Will Offer Blockchain Features

WordPress is launching a new publishing platform backed by Google, ethereum development studio ConsenSys and more, and notably blockchain tools will be built in. Announced Monday, the new product – Newspack – is described as an “inexpensive” platform offering technology and support for small- and medium-sized news organizations. Google led Newspack’s funding, with a $1.2…

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Genesis Partners With Blockchain Security Firm to Provide Direct Custody Operations

Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16. Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services…

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