Seagate Entering Pilot Stage For Blockchain Supply Chain Project
Supply chain has become a relatively common enterprise use case for blockchain, adding clarity and trust to the slew of processes involved in a product’s journey to the customer. Tech giant Seagate is entering the pilot stage of its blockchain project, using the technology to follow hard drives throughout the supply chain. In 2018, Seagate […]
Robinhood Plans Relaunch of High Yield Cash Account
Robinhood, a stock trading app popular with millennials, caused a stir last December by announcing a no-fee checking-and-savings account that offered a 3% yield. Days later, however, the company walked back the announcement after regulators criticized it for offering what amounted to a bank account without FDIC insurance—a backstop that protects consumers in the event […]
Damage From Cryptocurrency-related Crimes Estimated at 2.7 tr Won
The financial damage caused by cryptocurrency-related crimes reached nearly 2.7 trillion ($2.3 billion) over the past two years, government data showed Sunday. The financial loss of scams and fraud involving cryptocurrencies came to 2.69 trillion won between July 2017 and June 2019, according to the data from the justice ministry. The ministry said 132 cryptocurrency-related […]
Smart Money Said ‘Skip Bitcoin, Bet on Blockchain‘
As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology, the ledger known as blockchain. That, many said, was the smarter bet. While Bitcoin’s price has rebounded this year, a fresh batch of data shows the flow of cash into blockchain startups dropped dramatically. […]
British Government Won’t try to Stop Facebook’s new Libra Digital Coin
Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch the new digital currency Libra, according to Philip Hammond, Britain’s outgoing finance minister. Hammond also told CNBC on Monday that the British government will “engage” with Libra and won’t try to stop it. This week in the U.S., Senate and House committees […]
Liechtenstein Financial Market Authority Approves State-of-the-Art Tokenized Real Estate Investment Product
CROWDLITOKEN AG pioneers and starts distribution of a digital bond – European retail investors benefit as well. For the first time in Europe, the Liechtenstein Financial Market Authority (FMA) has approved the offering prospectus for a tokenised real estate investment product. CROWDLITOKEN AG is thus a pioneer for new financial innovations. The Security Token Offering […]
Boosting Degree Completion With Blockchain
Thousands of community college students transfer to Arizona State University every year, some before obtaining their associate’s degrees. While many will successfully graduate from Arizona State with a bachelor’s degree, the remainder risk joining the 37 million Americans with some college credit but no degree. To counter this, Arizona State is working with local community […]
BitTorrent Speed Delivers Amped Downloads Through Tokenized Incentives
BitTorrent announced the release of BitTorrent Speed, an exciting step in creating the world’s largest blockchain application for speedy uploading and downloading of files. BitTorrent Speed, software that connects and rewards users with BitTorrent (BTT) tokens, will be integrated into new downloads of the popular µTorrent Classic Windows client, the company announced today. “TRON has […]
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Grayscale Investments announced that the Trust will resume the private placement of its shares. The Trust private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily subscription. The Trust’s investment objective is for the value of its shares to reflect the price performance of Bitcoin […]
Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year
Bitcoin’s use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion, according to a report by Chainalysis.While the proportion of Bitcoin transactions dedicated to illegal purchases is declining, about $515 million of the digital coin has already been spent […]
Clearway Energy to Test Using Blockchain for Trading Renewable Energy Credits
Clearway Energy Group, one of the U.S.’s largest clean power developers, is launching a pilot electronic marketplace for renewable energy credits as more states push for solar and wind projects. The company has partnered with Power Ledger, which develops blockchain-enabled energy trading software, to build a system to both track and trade so-called RECs, according […]
BitMEX Trades Record $16 Billion in One Day
On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with the number topping $16 billion across the platform’s product range. Volume had swiftly risen above $10 billion in previous hours, leading CEO Arthur Hayes to declare any […]
Samsung SDS Expands Blockchain Business With Cloud-based Enterprise Platform
On June 18, Samsung SDS introduced customers’ common pain points in adopting blockchain and announced its blockchain business direction and the solution to the pain points. When companies apply blockchain technology to their business, they have concerns on △Converging services across various industries △Connecting different blockchain technologies △Easy application and expansion of blockchain in timely […]
Social Media App Nimses Offers Users Digital Currency for Their Time
Nimses, a new social media app that turns users’ time into digital social currency, has started expansion into the United States. By combining geo-based social networking and blockchain-based transactional infrastructure, Nimses provides a form of universal basic income through capturing value where it was not possible before. Already endorsed by celebrity YouTube mega-influencer PewDiePie, whose […]
2019 China Mining Industry Summit – Recap and Summary
BitDeer.com’s premier industry event wrapped up successfully in Beijing. 2019 China Mining Industry Summit brought together the biggest names of the Chinese mining ecosystem. Prominent Chinese blockchain and tech media attended the event and reported on the significant industry announcements. With the leaders of the Chinese blockchain mining group in one conference, they began to […]
Facebook will reportedly announce cryptocurrency this month, allowing employees to take it as salary
Facebook will announce its cryptocurrency later this month, and will allow employees working on the project to take their salary in the form of the new currency, according to a report in The Information. About a year ago, the company appointed former PayPal executive David Marcus to begin exploring opportunities with blockchain, the technological underpinning […]
EY to help Blockchain Wine Pte. Ltd. build blockchain platform for wine distributors across Asia and worldwide
Blockchain Wine Pte. Ltd. has selected EY to provide services to build a blockchain solution leveraging EY’s OpsChain Solution, which Blockchain Wine Pte. Ltd. will operate to help determine the quality, provenance, and authenticity of new and vintage wines with a focus on markets in China, Japan, South Korea, Thailand, and Singapore, where the consumption […]
Taklimakan Network Is Disrupting Social Media Using Blockchain And AI Solutions On A Fully Operational Platform
If you’re a cryptocurrency investor, trader, or analyst, you might want to pay attention to Taklimakan Network new beta Platform. It’s definitely set to change the game. Following innovative business models like AirBnB, Uber, and Amazon, Taklimakan will take the community by storm. This innovative crypto platform will transform the way you do business in […]