Month: October 2018
BLOCKCHAIN

Blockchain Could Be Solution to Irish Border Trade Issue After Brexit

[ad_1] British finance minister Philip Hammond has said that the issue of trade across the Irish border after Great Britain leaves the European Union (EU) might be solved by deploying blockchain technology, The Irish Times reported October 1.Speaking at the Tory party conference in Birmingham, Hammond reportedly asserted that “there is technology becoming available [...] I don’t claim to be an expert on it but the most obvious technology is
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Business

Investors in German ICOs Have Suffered Losses as High as 90%

[ad_1] Investors in German ICOs have lost up to 90 percent of their capital, Cointelegraph auf Deutsch reports Monday, October 1.German business magazine WirtschaftsWoche compared the token issue prices of Initial Coin Offerings (ICO) carried out by German startups with the prices of early September 2018. The report found that, with up to 90 percent loss in value, the German startup coins lost even more value than lead coins like
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Business

ShapeShift CEO Erik Voorhees Refutes WSJ Reports of ‘Dirty Money’

[ad_1] Cryptocurrency exchange ShapeShift has refuted a recent Wall Street Journal report that $9 million in ill-gotten funds went through the exchange, according to an announcement published October 1.On September 28, WSJ released an article dubbed “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” alleging that $88.6 million in fraudulently obtained funds had been funnelled through 46 crypto exchanges, wherein $9 million was laundered through ShapeShift. To analyze
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