South Korean tourist destination Jeju Island will harness ICONLOOP’s Decentralized Identity (DID) blockchain infrastructure for contract tracing purposes to safeguard the wellness of the area’s 15 million yearly visitors, according to an announcement. ICONLOOP said an agreement was inked between the Jeju Special Self-Governing Province...
The operators of a purported international digital currency “ponzi scheme” and a lawyer are facing charges of money laundering and fraud, the United States Attorney’s Office for the Southern District of New York said in a press release. The individuals were charged for their participation...
Binance helped catch a purported cybercrime organization behind an alleged $42 million laundering effort, according to a statement from the cryptocurrency exchange. The platform said that “suspicious activity” that its Sentry workforce found and examined in conjunction with Ukraine’s Cyber Police brought about the identification...
The Pantera Venture Fund III has notched $164.7 million in private investments from slightly fewer than 200 investors, CoinDesk reported, citing a U.S. Securities and Exchange Commission (SEC) Form D filing. The outlet noted that a Form D exempts offerings geared toward accredited investors from...
China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ). The plan will come with a large number of cities in which to test the currency, including Beijing and the provinces Tianjin...
The U.S. Department of Justice (DOJ) interceded three cryptocurrency campaigns that were funding Hamas, al-Qaeda, and the Islamic State group in the largest seizure of terrorist-owned or related cryptocurrency accounts, according to a press release. U.S. authorities seized over 300 cryptocurrency accounts holding millions of...
Venezuela may be going forward with a plan to allow the use of the Petro (PTR) cryptocurrency to pay taxes, according to Cointelegraph. A group of the country’s mayors, the Bolivarian Council of Mayors, has signed onto the government’s “National Tax Harmonization Agreement” that would...
A number of wealthy Indian business owners have succumbed as of late to scams that robbed them of their cryptocurrency, according to an India TV news report. The scams are coming by way of fake Bitcoin wallets that trick victims into fraudulent trade agreements before...
South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. KEB Hana Bank, one of the largest banks in the country, is going to work with the Korea Expressway Corporation on blockchain-based services. With...
