Litecoin: Funded Grin Developer Challenges Mimblewimble’s Privacy Issue

A Litecoin Foundation-funded Grin (GRIN) developer suggested a solution to fix Mimblewimble’s Achilles heel privacy. David Burkett, a Mimblewimble (MW) privacy-centric coin Grin developer, launched a thread on monthly updates detailing progress on both the development of Grin. The integration of MW’s privacy-focused technology into Litecoin (LTC). On December 1, the developer announced the news on Twitter. Post monthly status updates detailing progress on the LTC MW EB (YAY acronyms). This is geared towards those interested in developing LTC. But will also talk a lot about changes to Grin++, so…

Read More

Onecoin Website Goes Offline When Net Closes On $ 4B Ponzi Scheme

OneCoin ‘s cryptocurrency Ponzi scheme website has finally stopped operating, months after one of its founders was charged with fraud by the U.S. authorities. CoinTelegraph stated in news release, on December 1 MLM scam monitoring resource BehindMLM.com reported that OneCoin.eu did not return a live result as of 30 November. Investigation on OneCoin.eu 24 hours before the investigation, it was revealed that the DNS OneCoin entry for their website was redirected to “server holders”. A representative of EurID, the domain registry, confirmed to the publication at the time of the investigation.…

Read More

Sedania Launches Islamic Financial Marketplace Assidq.com

assidq-sedania4

Sedania As Salam Capital Sdn Bhd, a wholly-owned subsidiary of Sedania Innovator Berhad, has announced the launch Assidq.com, an Islamic online marketplace. The online marketplace facilitates the customer’s Islamic financial needs through a personalised profile check with approval and disbursements. According to their media statement, the new portal offers a range of Islamic personal financing products and Islamic credit cards. Commenting on the launch of Assidq, Nisa Ismail, CEO of Sedania As Salam Capital Sdn Bhd said, “We have a unique offering in Malaysia. There is a growing demand for…

Read More

SOFTBANK: Launches Debit Cards With Built-In Blockchain Wallet

A new debit card with an integrated cryptocurrency wallet has been introduced by the Japanese holding company SoftBank. SoftBank has developed a debit card with a built-in blockchain wallet. In collaboration with US-based wallet card developer Dynamics, according to a press release on Dec. 1. The new product is called SBC Wallet Cards and can be used as a traditional wallet or debit card. Crypto processing and extra expansion The integrated blockchain wallet can be used by customers as both cold and hot digital currency storage. And in real-time verifying…

Read More

SARB Set New Regulations For Cryptocurrency.

The South African Reserve Bank (Sarb) is set to start new regulations for cryptocurrency use as of 2020. On December 2, as local business-focused publication Business Report SARB reportedly plans to implement new rules on the use of cryptography in an effort to prevent cryptocurrency being used to avoid currency control. New rules will be in place in 2020 SARB Deputy Governor Kuben Naidoo allegedly said the new laws on cryptocurrencies would be enforced in Q1 2020. The central bank will, with these regulations, limit how much local currency (rand)…

Read More