Tag: Government

Global Governments are Tapping Blockchain Technology to Streamline Infrastructure

Governments all over the world are working on improving and streamlining their existing processes and infrastructure. Blockchain technology will play an increasing role of importance in this regard.  Growing Adoption of Blockchain Technology Various governments around the globe are currently exploring their options in the blockchain space. Rather than looking at established technology companies, it appears that diversification is taking place at this time. This state of affairs is a …
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The Chinese Government Will now ban Content Aimed at Discrediting Blockchain Technology

The blockchain climate in China has undergone plenty of changes in the past few weeks. Despite initial opposition to this technology, the current conversations are completely different. Any news source or blog discrediting blockchain technology will now be forced to remove those posts altogether. This further confirms China wants to embrace this technology to the fullest.  Another Push to Promote Blockchain It is no secret the world didn’t see eye …
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Bitfinex Aims to Eliminate Tax Evasion by Cooperating with the British Virgin Islands

In the world of cryptocurrency, controversy is not all that difficult to come by. This is especially true when it comes to exchanges and trading platforms which share client information with the government. After the recent Coinbase-IRS debacle, it now seems Bitfinex is handing over a lot of customer information to the authorities as well. Bitfinex Stirs the pot While there are good reasons for a cryptocurrency exchange to be in active talks with a government, developments …
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Australian and UK Government Websites Ran Cryptocurrency Mining Scripts

Various websites have integrated cryptocurrency mining code on their platforms in the past few months. Some companies are rather open about it, whereas others have done so in a rather sneaky manner. Moreover, it seems some sites contain such code because other people hacked their backends and made unauthorized changes in the process. Various Australian government websites have suffered such hacks, by the look of things. Hackers Target Government Websites It is evident there is …
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