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Crypto News From the German-Speaking World: Oct. 6 – 12 in Review

Local News The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Germany investigating the feasibility of a blockchain-based regional power trading platform, Iota Foundation joining forces with Zühlke to solve engineering problems and the..

Alfa-Bank, Commerzbank Pilot Cross-Border Payments on R3’s Marco Polo

News Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank and Vesuvius GmbH, are piloting Russia-Germany cross-border payments on R3’s Marco Polo network. Powered by R3’s Marco Polo Blockchain Global Trade NetworkOn Oct. 11, Alfa-Bank announced that it is launching a for..

German Programmer ‘Hacks Back’ After Bitcoin Ransomware Attack

News German programmer Tobias Frömel (aka “battleck”) has “hacked back” the perpetrators of the Muhstik ransomware who forced him to pay 0.09 Bitcoin (BTC) to recover access to his files. In a Bleeping Computer forum post on Oct. 7, Frömel revealed that he had hacked the attackers’ database, shari..

German Finance Minister Open to Eurozone Crypto to Respond to Libra

It isn’t a secret that when Facebook unveiled its crypto project, Libra in June, a proverbial fire was lit under the rear ends of the world’s central banks, financial institutions, and governments. While expected to be backed 1:1 by the world’s leading fiat currencies, this blockchain network will ..

‘Very, Very Skeptical:’ German Finance Minister Opposes Facebook’s Libra

News Germany’s finance minister Olaf Scholz sees uses for an electronic version of the euro but believes Facebook should stay away from money issuance. Scholz: Germany wants E-euros, not LibraSpeaking to local financial news outlet WirtschaftsWoche on Oct. 3, Scholz revealed that he would be keen..

Crypto News From the German-Speaking World: Sept. 30 – Oct. 5 in Review

News The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Liechtenstein approving the new Blockchain Act, Iota Foundation joining the European climate research community and Germany taking a firm stand against stablecoins. Here is the pa..

Blockchain Firm Helps Congo Mine to Fight Against Blood Diamonds

News Berlin-based blockchain company, RCS Global delivers mine-to-market technology solutions to help fight against conflict minerals in the Democratic Republic of Congo. Not part of a blood-stained supply chainOn Oct.1 Reuters reported that government officials in the Societe Miniere de Bisunzu’s..

State-Backed German Bank Says Bitcoin Will Leap to $90,000 in 2020

News The German bank BayernLB has published a report on Bitcoin (BTC) vs gold in which it predicts a big leap for BTC in 2020. Bitcoin outshining gold?On Oct. 1 the Munich-based bank BayernLB published its latest research report that seems to suggest that the forthcoming Bitcoin halving effect has..

Crypto News From the German-Speaking World: Sept. 22–28 in Review

Local News The German-speaking world has experienced another week full of exciting developments in the crypto industry, with a Berlin-based fintech startup receiving $1.5 million to develop its own blockchain, German experts warning about Facebook’s crypto coin, and the Federation of German Indust..

Bitmain to Launch Platform for Connecting Miners and Farms in October

News Chinese crypto mining hardware giant Bitmain will launch a platform connecting global crypto miners with farm owners in October. World’s first resource to connect farms and minersThe platform, dubbed World Digital Mining Map (WDMM), will be officially launched during the World Digital Mining ..

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