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| | Greetings! |
| | Here are the top 5 news on the day: |
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| | 1. India to Stamp Out Degree Fraud With Blockchain Technology.
The Indian government is looking for a Blockchain based solution to rampant fraud in the higher education system. Its first implementation will be in education where fake certificates and degrees are a major problem. Companies looking to hire graduates often spend large amounts to certify the degree they are being handed is authentic. |
| | 2. Coinbase plans SegWit release 'IN A FEW WEEKS'.
Coinbase has stated its commitment to introduce SegWit compatibility in "a few weeks," fulfilling a promise made to customers in late 2017.In a tweet Monday, the largest US exchange and wallet provider repeated claims made late last year that SegWit — as a "feature" — was less of a priority for developers than security and performance."Our engineering team has begun the final testing phase of SegWit for Bitcoin on Coinbase. SegWit compatible Bitcoin sends/receives will be available for customers in the next few weeks," staff wrote, linking to the original announcement from December. |
| | 3. 290% More Crypto Jobs Appear in India Despite Impending Regulations.
Job site Indeed India also reported a rise in job seekers searching for crypto. Although the Indian government is on a quest to clamp down on the cryptocurrency sector, local news source Business Standard reported that the Indian branch of job website Indeed saw an increase in job postings related to cryptocurrency to the tune of 290 percent. In addition, the site also saw a 52 percent increase in job seekers who entered blockchain-related keywords into Indeed's search engine. |
| | 4. Bitcoin madness drives Egyptians to sell their real estate and cars.
The central bank of Egypt issued several warnings against dealing with virtual currencies, especially Bitcoin. However, thousands of Egyptians took risk through intermediaries inside and outside Egypt. Many people offered their property in exchange for these currencies. |
| | 5. Indonesia can't stop circulation of bitcoin: Ex-finance minister.
Former finance minister Chatib Basri has said that prohibiting the circulation of bitcoin and other cryptocurrencies is not an effective way to prevent negative impacts.Instead, he said, Bank Indonesia (BI) as the central bank needed to issue digital currency to become an official digital payment instrument, circulation of which could be monitored. |
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| | See you next week! |
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