$414 Billion Alibaba’s Jack Ma: Blockchain Needs to Target Manufacturing

$414 Billion Alibaba’s Jack Ma: Blockchain Needs to Target Manufacturing

Advertisement At World AI Conference 2018, Jack Ma, the co-founder and chairman of $414 billion e-commerce conglomerate Alibaba, stated that artificial intelligence (AI), blockchain, and Internet of Things (IoT) can all become meaningless if they fail to target the manufacturing industry. “AI, Blockchain and IoT will be meaningless tech unless they can promote the transformation…

Attackers Hijack Indian Government Websites to Mine Cryptocurrency

Attackers Hijack Indian Government Websites to Mine Cryptocurrency

Advertisement Hackers stole the processing power of several Indian government websites to mine cryptocurrencies, researchers found. Citizen portals such as that of the municipal administration of Andhra Pradesh (AP), Tirupati Municipal Corporation and Macherla municipality are among the hundreds of Indian websites that are found to be infected by cryptojacking malware. Cryptojacking, as the term…

Binance to [Beta] Launch Singapore Fiat Crypto Exchange Tomorrow

Binance to [Beta] Launch Singapore Fiat Crypto Exchange Tomorrow

Advertisement Binance is set to unveil a fiat currency exchange that will be based in Singapore. This was revealed by CEO Changpeng Zhao over the weekend while speaking at the Cumberland Summit, a blockchain event in Singapore. Zhao further revealed that the new exchange is currently under an invitation-only beta testing phase. After making the…

Cryptocurrency Could Solve Zimbabwe’s Cash Shortages: Finance Minister

Cryptocurrency Could Solve Zimbabwe’s Cash Shortages: Finance Minister

Advertisement Less than a fortnight since his appointment as Zimbabwe’s finance minister, the new treasury boss is potentially placing himself on a collision path with the country’s central bank with his pro-cryptocurrency stance. According to Mthuli Ncube, Zimbabwe’s newly minted Minister of Finance, cryptocurrencies could assist the southern Africa country to solve the cash crunch…

ICO: Two [Cash-Strapped] Premier League Football Clubs Plan Cryptocurrency

ICO: Two [Cash-Strapped] Premier League Football Clubs Plan Cryptocurrency

Advertisement Two cash-strapped football clubs are trying to circumvent financial issues by planning a tokenized crowdfunding round, reports the Times. Newcastle United and Cardiff City, the English Premier League teams, are reportedly in talks with SportyCo, a decentralized sports investment & funding platform, to launch their Initial Coin Offering (ICO) round. SportCo has earlier partnered with…

SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan

SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan

Advertisement Japanese financial services group SBI Holdings will launch its consumer payments application MoneyTap, on both Android and iOS, using Ripple’s blockchain technology. SBI Ripple Asia, a joint venture established by SBI Holdings and San Francisco-based FinTech giant Ripple in early 2016, will soon launch ‘MoneyTap’, CEO Takashi Okita revealed on his own Twitter handle.…