Gambling tycoon builds $100m bitcoin-funded Antiguan resort — The Guardian

Calvin Ayre, a gambling and bitcoin multi-millionaire who was once on the run from the US authorities, is building a $100m five-star resort on Antigua, writes Rupert Neate of The Guardian. Here is the link: https://www.theguardian.com/technology/2018/feb/18/bitcoin-gambling-tycoon-builds-100m-resort-antigua-calvin-ayre

Once hailed as unhackable, blockchains are now getting hacked — MIT Technology Review

More and more security holes are appearing in cryptocurrency and smart contract platforms, writes Mike Orcutt. Here is the link: https://www.technologyreview.com/s/612974/once-hailed-as-unhackable-blockchains-are-now-getting-hacked/

Mizuho Financial Group and IBM working on blockchain test project

Japanese financial services company Mizuho Financial Group and IBM are working on a pilot project to test the feasibility of using blockchains as virtual currency in the organization's settlement business. Mizuho will be exploring...

Deloitte Developing Blockchain Prototypes

Deloitte says it is working with five blockchain companies – BlockCypher, Bloq, ConsenSys, Loyyal (formerly known as Ribbit.me) and the Stellar Development Foundation – to provide new technological capabilities to its...

Someone just moved a billion dollars in bitcoin and no one knows why —...

Last week, an unknown person or group transferred 94,505 bitcoins valued at over $1 billion USD in a single transaction, writes Edward Ongweso Jr. Here is the link: https://www.vice.com/en_us/article/bjwjpd/someone-just-moved-a-billion-dollars-in-bitcoin-and-no-one-knows-why

Florida city gives in to $600,000 bitcoin ransomware demand — Engadget

Riviera Beach, a city in Florida, is set to pay hackers $600,000 in bitcoin with the hope of having its systems restored, writes Kris Holt. Here is the link: https://www.engadget.com/2019/06/20/florida-hacker-ransom-riviera-beach/

Department of Homeland Security awards Digital Bazaar blockchain contract

The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded a $749,241 Small Business Innovation Program (SBIR) contract to Digital Bazaar to develop fit-for-purpose blockhains for identity and...

50 Cent: ‘I forgot’ taking 700 bitcoins for 2014 album; stake is now worth...

When 50 Cent agreed to accept bitcoin for purchases of his 2014 album, Animal Ambition, a unit of the cryptocurrency was already worth hundreds of dollars — but the value of those sales has since skyrocketed; NPR's Bill Chappell writes. Here is the link: https://www.npr.org/sections/thetwo-way/2018/01/24/580259163/50-cent-i-forgot-taking-700-bitcoins-for-2014-album-stake-is-now-worth-millions 

Buffett on cryptocurrencies: ‘I can say almost with certainty that they will come to...

Warren Buffett tells CNBC the recent craze over bitcoin and other cryptocurrencies won't end well, Berkeley Lovelace Jr. writes. Here is the link: https://www.cnbc.com/2018/01/10/buffett-says-cyrptocurrencies-will-almost-certainly-end-badly.html

Walmart, IBM launch Blockchain Food Safety Alliance in China

Walmart,  IBM, Chinese e-commerce company JD.com, and Tsinghua University will be working together in a Blockchain Food Safety Alliance.

EY, City of Vienna collaborate on public blockchain networks

EY has been working with the City of Vienna on public blockchains to validate and secure the city's Open Government Data (OGD).

Tech Mahindra, Microsoft to develop blockchain-based solution to curb spam calls — Hindustan Times

Software major Tech Mahindra is partnering with Microsoft to create a Blockchain-based solution to fight spam calls, according to the report. Here is the link: https://www.hindustantimes.com/tech/tech-mahindra-microsoft-to-develop-blockchain-based-solution-to-curb-spam-calls/story-QQSn4Eylgyu0IpnakhgBnJ.html 

Zaif cryptocurrency exchange loses $60 million in recent hack — ZDNet

Japanese cryptocurrency exchange Zaif has lost $60 million worth of company and user funds, writes Catalin Cimpanu. Here is the link: https://www.zdnet.com/article/zaif-cryptocurrency-exchange-loses-60-million-in-july-hack/

ShoCard raises $4 million

Blockchain-based identity management company ShoCard has raised $4 million. The investment was led by existing investors Morado and AME Cloud Ventures, with participation from Storm Ventures, Danhua Capital, Correlation Ventures, Recruit Strategic...

A blockchain expert is accused of helping North Korea’s leaders. But what would they...

Virgil Griffith must have known there was a chance that his decision to attend a cryptocurrency conference in North Korea was going to land him in trouble, writes Mike Orcutt. Here is...