BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging

On July 25, 2019, United States prosecutors filed a complaint against the defunct cryptocurrency exchange BTC-e and its alleged former operator, Alexander Vinnik. The indictment was filed nearly 24 months after Vinnik was arrested in Greece while on holiday with his family and has followed numerous extradition requests from the U.S., France and Russia that…

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Japanese Trading Giant Itochu to Develop Blockchain Traceability System in PoC

One of largest Japanese trading companies has officially announced the start of a proof-of-concept (PoC) aimed to develop a blockchain traceability system, according to a press release published on Feb. 1. Itochu Corporation, a general trading company and one of the five largest companies in Japan, is developing a blockchain traceability system that will allow…

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‘The Big Issue’ Newspaper Launches Blockchain Platform to Promote Impact Investing

The Big Issue, a street newspaper sold by the homeless in the U.K. and other countries, is launching a blockchain-driven platform to promote impact investing, The Financial Times reports Monday, Nov. 18. Three investment companies — UK Standard Life Aberdeen, U.S. Columbia Threadneedle, and AllianceBernstein — will join The Big Issue as founders of the…

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Sierra Leone, United Nations to Develop Blockchain Digital ID System

Two of the United Nation’s wings are joining hands with Sierra Leone government to build a blockchain-based ID system for their seven million people. The UN Capital Development Fund (UNDCF) and the UN Development Programme (UNDP) have entered into a partnership with  Kiva, a technology nonprofit. Kiva will lend its institutional protocol of the same…

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Celsius Network to Manage Funds for United Nations Initiative

Decentralized lending and borrowing platform Celsius Network will manage the Sustainable Development Goals Impact Fund (SDG Impact Fund) within the United Nations’ Sustainable Development Goals initiative, according to a press release published September 21. The Sustainable Development Goals is an international program focused on bringing a “better and more sustainable future for all.” It addresses…

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UN’s Project Services Arm Partners With IOTA to ‘Expedite’ its Mission With Blockchain

The United Nations signed a “memorandum of understanding” with blockchain platform IOTA to explore how the technology can increase efficiency, the two parties confirmed May 22. In a press release about the partnership, which features the United Nations Office for Project Services (UNOPS), the organization said the focus was on cutting intermediaries using blockchain. “We…

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Cryptocurrency-Funded Solar Energy Could Power A Moldovan University This Summer

Join our community of 10 000 traders on Hacked.com for just $39 per month.Moldova, an impoverished Eastern European country with a population of 4 million people, may soon emerge as an unwitting brand ambassador for cryptocurrency-powered, eco-friendly renewable energy. The United Nations Development Program has partnered with South Africa-based blockchain startup, Sun Exchange, to power one…

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