BuyUcoin, an Indian cryptocurrency exchange is reportedly hacked leading to a breach of nearly 325K users’ data on the dark web. The reported breach has leaked sensitive personal information of customers that include e-mails, mobile numbers, encrypted passwords, user wallet details, order details, bank details, KYC details (PAN number, passport numbers), and deposit history. An independent cyber researcher revealed that […]

Japanese conglomerate Mitsubishi Electric is teaming up with Tokyo Tech to develop a blockchain-based peer-to-peer (P2P) energy trading system. From energy neighborhood concepts to rural electrification projects, blockchain technology continues to find significant adoption in efforts geared towards improving access to electricity across the world. Blockchain-based Digital Energy Platform Both organizations announced the news via a joint press statement issued […]

In a first, a Chinese hospital sends its patient the first blockchain-powered electronic bill. Electronic Bill on Blockchain According to a Coindesk report on January 13, a hospital in China recently sent the first electronic bill to one of its patients. Notably, the bill was issued from a blockchain-powered invoice management system. Hainan province-based People’s Hospital of Chengmai County is […]

The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its own money to establish the […]

A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement, 500.com Ltd reached an initial agreement to acquire the mining machines from […]

HDBank has become the first bank in Vietnam to issue a letter of credit (LoC) via blockchain technology. This development is expected to bring about a major change in the banking system of the country. Major Milestone For HDBank According to the local media platform, VietNamNews the issuance, document presentation, and successful payment of letters of credit on blockchain was […]

Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining. Bitcoin Miners Could Find ‘Lucrative’ Opportunities in Norway and Sweden According to a Bloomberg report, the Nordic region, specifically Norway and Sweden, has seen mild weather in […]