Envion AG, a crypto-based firm that aimed to combine cryptocurrency mining with green power, has been shut down by the cantonal court of Zug, Switzerland. The company was reportedly dissolved due to an alleged unauthorized Initial Coin Offering (ICO) on November 28, local German news outlet Handelsblatt reports. Envion was established to
TransferGo Is Now Looking Into XRP Powered xRapid To Enhance Their Cross-Border Payments. TransferGo, a partner of Ripple has just announced publicly that they are exploring the advantages of Ripple’s xRapid. The company’s CEO Daumantas Dvilinskas confirmed on Twitter. https://twitter.com/daumis2475/status/1061667941157085185 He had earlier announced that the company was going to launch a
A Chinese arbitration court has ruled that “there is no law or regulation that explicitly prohibits parties from holding bitcoin or private transactions in bitcoin.” An arbitration body in China has ruled that cryptocurrencies such as Bitcoin (BTC) are legally protected as property, in a case published Oct. 25 via the arbitrator’s
Kenya’s government plans to deploy blockchain technology to manage a government housing project of half a million units, Kenyan news outlet the Star reported Oct. 15th. Within the affordable housing program the government of Kenya reportedly aims to build half a million units by 2022, and assist contributors earning less than 100,000 Kenyan Shillings ($998) as they cannot afford mortgages.