Reconciling Blockchain Technology With California Consumer Privacy Act
The California Consumer Privacy Act of 2018 (CCPA), which goes into effect on Jan. 1, 2020, has signaled a new push in the United States to strengthen and broaden privacy …
US Customs and Border to Trial Blockchain Shipping Proof-of-Concept
A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept. The Commercial Customs Operations …
FinCEN Director Addresses Casino Compliance With Obligations Regarding Crypto
Kenneth A. Blanco, the director of the Financial Crimes Enforcement Network (FinCEN), has urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency (CVC) activity. During …
Coinbase Accidentally Saves Unencrypted Passwords of 3,420 Customers
Major crypto platform Coinbase has emailed 3,420 Coinbase customers to disclose an accident with customer registration. Some registration details were apparently stored in clear text on the logs of Coinbase’s …
IRS Crypto Reporting Letter: A Wake-Up Call No Matter Who Gets One
The IRS has begun sending letters to people with digital currency transactions who may have failed to report income and pay taxes, or who did not report their transactions properly. By the …
IT Giant Oracle Sues Blockchain Startup for Taking Its Name
Software development behemoth Oracle is suing blockchain startup CryptoOracle, alleging trademark infringement and cybersquatting. Cybersquatting and trademark infringement Technology market news outlet Computer Reseller News (CRN) reported on Aug. 15 …
Binance to Resume US Operations Within Two Months, Predicts CEO CZ
Changpeng Zhao, CEO of major cryptocurrency exchange Binance, has predicted that Binance will resume crypto-to-fiat operations in the United States within the next two months. Navigating U.S. regulation Zhao, also …
Alibaba Files US Patent for Blockchain Domain Name Management System
Chinese online retail giant Alibaba has applied for a United States patent entitled “Domain Name Management Scheme for Cross-Chain Interactions in Blockchain Systems.” Alibaba filed its latest application on Aug. …
Bitcoin Drops to $10,000 in Recent Downtrend
Despite exceeding $12,000 several times this month, Bitcoin (BTC) has slumped back to $10,000 in a recent downtrend. The number one cryptocurrency last traded below $10,000 on July 31. A …
Walmart Files Patent for Blockchain-Based Drone Communication System
American retail giant Walmart has submitted a patent application for a drone communication system that is based on blockchain technology. Walmart filed its patent with the United States Patent and …