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EXMO and GOVERMEDIA Signed The Letter of Intent to Acquire Cryptocurrency Platform

EXMO and GOVERMEDIA PLUS CANADA CORP. signed the Letter of Intent to acquire the cryptocurrency platform. This LOI provides the Company with exclusivity in negotiating the transaction for a period of up to 180 days. Upon completion of the transaction, the combined entity will...

CEO Ripple Labs: Ripple Is Aiming to Overtake SWIFT

Ripple Labs Inc., the blockchain startup whose digital money is often used as a proxy for other cryptocurrency payments, is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, Chief Executive Officer Brad Garlinghouse said to...

WebCobra Malware Uses Victims’ Computers to Mine Cryptocurrency

McAfee Labs researchers have discovered new Russian malware, dubbed WebCobra, which harnesses victims’ computing power to mine for cryptocurrencies. Coin mining malware is difficult to detect. Once a machine is compromised, a malicious app runs silently in the background with just one sign: performance...

Film and TV Services Company Fintage House to Accept Cryptocurrency for Rights Transactions

Film and TV rights and financial services company Fintage House has signed a deal with social entertainment platform TaTaTu, which recently unveiled a partnership with Johnny Depp, to accept the platform’s cryptocurrency, TTU Tokens, for film and television rights transactions. TTU Tokens are available exclusively...

Cryptocurrency and China Influence Test Pacific Island’s Presidency

Marshall Islands President Hilda Heine narrowly survived a vote of no confidence Monday after a political struggle over cryptocurrency and an alleged Chinese plan to seize control of an atoll. The 67-year-old sole Pacific female head of state survived the vote as parliament was split...

BP and Shell Launch New Blockchain Platform

A BP, Shell and Equinor-backed project to modernize physical energy post-trade processes using blockchain technology is set to go live by the end of the year, platform consortium Vakt said Monday at S&P Global Platts Digital Commodities Summit in London. The platform aims to help...