How Are Increasing Digital Coin Scams Hurting UK Citizens?

How Are Increasing Digital Coin Scams Hurting UK Citizens?

The Financial Conduct Authority (FCA) of the United Kingdom came out with a report suggesting increased scams involving cryptocurrency and that they are focused on the country’s citizens. The FCA indicated that digital coin sector is an unregulated one currently in the country. Though FCA is Great Britain’s financial authority, it is struggling to cope up with emerging sector due to lack of authority to monitor it. The unregulated market provides enough opportunity for scammers to dupe genuine investors.

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Capital One Seeks Blockchain Patent for User Authentication

Capital One Seeks Blockchain Patent for User Authentication

Now it is the turn of Capital One to seek a patent from the United States Patent and Trademarks Office for its new user authentication app. This is one more firm in the banking sector that is showing interest in blockchain technology adoption since it sees it as a secure one. Though there are other major financial service providers like JPMorgan Chase that have indicated their interest in the emerging technology, nothing concrete has emerged until now. As a result, … Read the rest

IBM Seeks Blockchain Patent for Transaction Compliance

IBM Seeks Blockchain Patent for Transaction Compliance

International Business Machines (IBM) has sought a blockchain patent from the United States Patent and Trademarks Office. The tech giant is seeking it for the creation of transaction data identifiers that are based on nodes. The company has described it as “Node Characterization in Blockchain” in its patent application form. The company got a record 9,043 patents last year, and that made it 25th straight year of heading the patent leadership position. That also made to cross the psychological … Read the rest

Key Takeaways of Wyre Alliance with MakerDAO

Key Takeaways of Wyre Alliance with MakerDAO

The blockchain-powered payment transferor, Wyre has struck a deal with MakerDAO to provide crypto trading pairs with the help of Dai. The stablecoin is only one-year-old and is now getting added into the payment transferor firm’s portfolio. Following the agreement between the two, the trading pairs could be available in over 30 countries around the globe. This included the United States, which is a key market for anyone since it is enjoying the number one status in adoption rate.

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