Demand for Legal Experts With Blockchain Tech Knowledge is High, Report

Demand for legal experts with blockchain technology knowledge is high, according to Major, Lindsey & Africa managing director Brian Burlant, who recruits for law firms and in-house legal departments. The news was published by legal news and information site Law.com on April 17. According to Burlant, law firms are having difficulty keeping up with cryptocurrency and blockchain industry demands for lawyers because of a lack of candidates who really understand the technology. Burlant said that a lot of lawyers enter the space from regulatory practices or government, where they were…

Pakistani Prime Minister Addresses Digitization of Gov’t Administration

The prime minister of Pakistan has conducted a meeting dedicated to the digitization of government administration, local Egnlish language news outlet The News reported on April 17. At the meeting, Pakistani Prime Minister Imran Khan reportedly addressed such issues as digitization of government processes and blockchain technology’s impact on ensuring efficiency and transparency in its operations. Khan also highlighted the potential to eliminate bureaucracy and improve general service delivery in accordance with the government’s vision. The discussion also touched on a next generation trading platform for the country that would…

Winklevoss Twins and Charlie Shrem Settle Long-Running Legal Fight Over 2012 Bitcoin Deal

Cameron and Tyler Winklevoss have reached an agreement with bitcoin (BTC) entrepreneur Charlie Shrem to end a lawsuit the twins filed against Shrem last year. The news was revealed in court documents filed on April 16. The twins, who founded crypto exchange Gemini, had accused Shrem of stealing 5,000 bitcoin (worth about $26.1 million at press time) and using the crypto to buy Maseratis, powerboats and other luxury goods. He denied the allegations, which dated back to 2012. Attorneys for both parties have signed the document filed with a federal…

Binance’s Singapore Fiat-to-Bitcoin Exchange Is Launching Next Week

Cryptocurrency exchange giant Binance will launch its new fiat-to-crypto platform in Singapore next week, its chief financial officer said. CEO Changpeng “CZ” Zhao announced in early April that the Singapore fiat “on-ramp” would be coming sometime this month. But speaking to CoinDesk Wednesday from Paris, Binance CFO Wei Zhou gave a more precise timeframe.   “Next week we are going to launch the Singapore simple buy/sell on-ramp,” said Zhou, who was in town for Paris Blockchain Week. “It will actually be a new product we are launching, as a very easy buy/sell platform…

Coinbase Expands Crypto-to-Crypto Services to 11 More Countries

Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog post published on April 17. Coinbase and its professional trading platform Coinbase Pro have introduced crypto-to-crypto conversions and trading to 11 more countries in Latin America and Southeast Asia. The product is now also available to Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand. Coinbase customers in the aforementioned countries can now store, trade, send, and receive cryptocurrencies. The exchange suggests in…

Ripple’s Xpring and Firm Behind Zcash Among Investors in Privacy-Focused Crypto Startup

Ripple’s fundraising arm Xpring announced in a blog post on April 17 that it has joined several companies to invest in Bolt Labs, a startup aiming to deliver “instant, cheap and private payments” by adding a layer of anonymity to existing networks. Zooko Wilcox, CEO of the Electric Coin Company — the firm behind Zcash — confirmed to Forbes that his company also contributed to Bolt Labs’ seed round. Wilcox has also been appointed as an advisor to the startup. In a blog post setting out its vision, Bolt Labs…

US District Attorney Indicts Three for Laundering Millions With Bitcoin

The Manhattan district attorney has indicted a group of individuals with allegedly selling drugs and laundering millions of dollars with bitcoin (BTC). The development was announced in a press release published on April 16. Manhattan District Attorney Cyrus R. Vance, Jr., the United States Secret Service, the U.S. Postal Inspection Service (USPIS), and U.S. Homeland Security Investigations (HSI) have indicted Chester Anderson and his criminal accomplices Jarrette Codd and Ronald Maccarty. The defendants allegedly operated stores on the dark web that sold and shipped “hundreds of thousands” of tablets of…

Microsoft Azure Now Supports RSK Smart Contracts

RIF Labs has announced the integration of its public blockchain, RSK Smart Contracts, on Microsoft’s Azure Marketplace. The RSK Smart Contract Network is an open-source platform that seeks to extend the functionality of Bitcoin using smart contracts and the Azure Marketplace is an app store for Microsoft’s cloud computing service. Prior to the integration, RIF Labs customers had to deploy local servers while manually setting up and maintaining nodes for running the blockchain. With the addition of RSK Smart Contracts on the marketplace, users can have an RSK blockchain network…

Kraken Delists Bitcoin SV Following Online Poll from Over 70,000 Users

U.S.-based cryptocurrency exchange Kraken has delisted Bitcoin SV (BSV), per an official announcement on its blog. In the announcement, the exchange noted that the digital asset had exhibited behavior opposite to its standards and those of the wider crypto community. “Over the last few months, the team behind Bitcoin SV have engaged in behaviour completely antithetical to everything we at Kraken and the wider crypto community stands for,” the post reads. The delisting came on the heels of an opinion poll conducted on Twitter by the exchange in light of…

E-Commerce Giant Rakuten Opens Its New Crypto Exchange to Customers

Japan’s equivalent to Amazon, e-commerce giant Rakuten, has started accepting account registrations for its new cryptocurrency exchange, Rakuten Wallet. For now, only customers who have an account at Rakuten Bank or who already have a Rakuten member ID can sign up in preparation for the launch of trading, the firm’s website indicates. It’s not yet clear when it will accept applications from the wider public. The firm said in an announcement it has also rolled out an automatic support service using AI (artificial intelligence) technology to answer customer inquiries. It’s also planning…