Ansab Gillani | AllStocks Network

Security Intelligence Firm Uncovers Malware in Bitcoin Blockchain Network

Posted on September 12, 2019September 12, 2019 by Ansab Gillani

Warnings were issued by the security intelligence firm Trend Micro about a recently exposed backdoor Trojan malware, Glupteba, which was discovered in the Bitcoin blockchain system. Apparently, it is capable of generating command-and-control domains through tracked Bitcoin(BTC)trade transactions. A notorious sub-culture has also grown with the advancement of technology in the modern era, working tirelessly to compromise databases to extract critical information, including access to asset accounts. Cryptocurrencies work with a decentralized network and rely…

Atlético Madrid Becomes the First Spanish Football Club To Issue Fan Token

Posted on September 9, 2019September 9, 2019 by Ansab Gillani

Last week, the blockchain-based sports platform Socios announced its partnership with distinguished Spanish football club Atlético de Madrid to develop a fan token based on blockchain. The platform will provide the cryptocurrency-style tokens to be used by fans to vote on club decisions and access exclusive merchandise in the autumn of this year. Blockchain technology has a wide set of applications in different industries and unsurprisingly, it has made its way to mainstream sports and…

Wallet and Custody Services Provider BitGo Adds Support for EOS

Posted on August 26, 2019August 26, 2019 by Ansab Gillani

The popular cryptocurrency service firm and wallet provider, BitGo, has announced the launch of its multi-signature wallet and custody services with EOS (EOS)trade, the world’s eighth largest cryptocurrency by market capitalization. EOS is a blockchain-based, decentralized platform aimed at developing and supporting apps on an industrial scale. Dan Larrimer has created the crypto scheme behind it and it is very similar to Ethereum (ETH)trade. The fundamental purpose of EOS is to provide easy-to-use techniques for…

Analysis: China’s State-Sponsored Cryptocurrency to Disrupt the Mobile Payment Market

Posted on August 21, 2019August 21, 2019 by Ansab Gillani

After witnessing the success of digital currencies throughout the world, the People’s Bank of China is getting ready to launch a state-sponsored digital currency, and according to new analysis, it may overtake the mobile payment market from Alipay and WeChat Pay. The world is slowly moving towards online channels for payment transactions. We have already seen some major projects developed under the light of these trends such as Facebook’s upcoming cryptocurrency Libra. To keep a…

Prominent Analyst Slams XRP as a ‘Scam Coin’ Following a Lawsuit against Ripple

Posted on August 20, 2019August 20, 2019 by Ansab Gillani

An old Ripple (XRP)trade controversy has once again emerged from the shadows. The crypto company has been recently accused of selling unregistered securities by one of its investors, Bradley Sostack. And this time, the topic has once again surfaced with a bellicose tweet of cryptocurrency analyst Tone Vays. Vays states in his tweet that “[t]he SEC is bringing Thor’s Hammer… The next #Bitcoin Law Review is gonna be epic… Come at me $XRP Army “of…

New Zealand’s Tax Regulators Legalize Crypto Payments for Salaries

Posted on August 15, 2019October 14, 2019 by Ansab Gillani

According to latest official tax information bulletin in New Zealand, cryptocurrency salaries are now legal inside the country starting from September 1, 2019. With that legalization, the companies can now pay their employees salary in cryptocurrency. The past has not been very kind to cryptocurrencies and blockchain technology with the constant threat of criminals hijacking the prospect of the growing crypto industry. Numerous cases of money laundering, cyber crimes and an extremely volatile market have…

Confidential UN Report: North Korea Stole $2 Billion from Banks and Crypto Exchanges

Posted on August 7, 2019August 7, 2019 by Ansab Gillani

The government of North Korea has managed to swipe $2 billion from cyberattacks on international financial and crypto organizations, and spent that money on its nuclear program. The news came from a classified UN report prepared by an independent team of experts who presented it last week to the United Nations Security Council’s North Korea Sanctions Committee. The report suggests that the North Korean government spent a large amount of money in support of its…

Walmart Wants to Become ‘Currency Micromarket’ with New Cryptocurrency Patent

Posted on August 6, 2019December 12, 2019 by Ansab Gillani

Walmart submitted a patent application on August 1 that would presumably help the retail giant to generate its own cryptocurrency and a blockchain network. The digital currency’s goal is to make transactions cheaper, quicker and to possibly serve as an easier banking solution for consumers. The patent refers to a hypothetical “currency micromarket,” defined as “an unattended retail environment in which consumers can buy products from open shelves, coolers or freezers and use a self-checkout…

Ripple Broadens Blockchain Research to Kyoto University and the University of Tokyo

Posted on August 3, 2019November 25, 2019 by Ansab Gillani

Ripple aims to further academic research in blockchain technology by partnering with Tokyo and Kyoto Universities. The crypto education program is now collaborating 33 institutes worldwide to develop the increasingly popular blockchain technology, cryptocurrencies and decentralized digital transactions. The University Blockchain Research Initiative (UBRI) has already established over 30 university collaborations initiating in 2018, including Princeton University, Carnegie Mellon, Pennsylvania University, Massachusetts Institute of Technology, and Singapore National University. Ripple, the crypto firm behind the…

Telecom Giant Verizon Seeks Blockchain Experts to Develop Distributed Networks

Posted on July 28, 2019August 6, 2019 by Ansab Gillani

One of the giants in the telecommunication industry, Verizon, is looking to make its way into the blockchain community. The company is looking to hire a competent blockchain team for development of a distributed network in its upcoming projects. According to new jobs posted Verizon’s job posting site, the company is “focusing on emerging technologies” for developing new networks for all Verizon branches, including the Verizon Business Group, Global Technology Services, and Verizon Consumer Group….

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