California

unlicensed crypto exchange

Californian dark web drug dealer will forfeit cryptocurrencies

The District Court Judge has sentenced a Californian dark web drug dealer Sky Justin Gornik to 70 months in prison. This is because he participated in delivering, distributing and dispensing drugs through the internet. As part of his guilty plea, Gornik will forfeit millions of dollars cryptocurrency. Sky Gornik is a 39-year-old resident of California. […]

Malware In The Crypto Trading

Fake LocalBitcoin Trader Jailed For Fraud in the US

The law authorities in the US arrested a fake LocalBitcoin trader for fraud as said by a government press release on May 28. The accused Morgan Rockoons’ notoriety involves illegal money transactions and running a bitcoin-based real estate fraud schemes. This is not the first time for Rockoons to see a legal accusation. Several years back […]

Hyundai Knocks Door of Blockchain to Provide Advanced Business Models

Hyundai to Build Financial Supply Chain Ecosystem on Blockchain

Hyundai has announced that its financial services subsidiary, Hyundai Commercial, has selected IBM to build a new financial supply chain ecosystem utilizing Hyperledger Fabric blockchain. As per sources, Hyundai Card, another financial services subsidiary of Hyundai, will also be joining IBM to implement Machine Learning and develop Artificial-Intelligence based Chatbot for support services.

California Set to Implement Blockchain and IoT Sensors to Track Ground Water Sustainability

California to Sustainably Manage Ground Water with Blockchain and IoT

IBM Research and SweetSense, a sensor tech provider, have partnered with the University of Colorado Boulder and The Freshwater Trust to use blockchain and IoT sensors for tracking the underground water in aquifers in north California’s Sacramento-San Joaquin River Delta. The project will use blockchain to share water extraction data with orbiting satellites, which will also be used for detection of rainfall and weather correlations.