Indian Minister Clarifies There is No Official Ban on Cryptocurrencies Yet

  • India's Minister of State for Finance, Anurag Thakur, has said there is no separate law for dealing with issues relating to cryptocurrencies in India.
  • Earlier this month, a unverified copy of a draft bill was uploaded on Scribd, which if passed would mean a ban on cryptocurrencies in India.

  • India's Minister of State for Finance, Anurag Thakur, has said there is no separate law for dealing with issues relating to cryptocurrencies in India.
  • Earlier this month, a unverified copy of a draft bill was uploaded on Scribd, which if passed would mean a ban on cryptocurrencies in India.

Huobi’s Stablecoin Sees a Successful Launch and 30 Million USD in Trading Volume

  • Starting today, HUSD is a separate token, rather than a virtual encapsulation of stablecoins on Huobi.
  • The trading volume of the token is already impressive, and likely to grow as Huobi has introduced 0-fee trading for it.

KPMG Partners with Microsoft, R3, Tomia on Blockchain Telecom Solution

  • KPMG'S blockchain solution will try to reduce the number of disputes, costs, and time involved in telecom settlements through the use of smart contracts.
  • A study shows that the estimated cost of international mobile data roaming fees could reach $31billion in 2022.

Steve Wozniak Invested in a Blockchain-Based Energy Saving Firm in Malta

  • Efforce will allow investors to support energy efficient projects around the world.
  • It will also use blockchain to help the public decrease their environmental impact, without having to change their habits.

New Jersey Bureau of Securities is Suing Pocketinns For Selling Unlicensed Securities

  • Despite the existence of New Jersey exemptions on token sales, Pocketinns did not acquire the necessary documentation from its investors.
  • The New Jersey Bureau of Securities is seeking a refund and a monetary penalty.

  • Despite the existence of New Jersey exemptions on token sales, Pocketinns did not acquire the necessary documentation from its investors.
  • The New Jersey Bureau of Securities is seeking a refund and a monetary penalty.

Oracle Uses Blockchain to Track Honey Sustainability

  • The new network, developed in partnership with the World Bee Project, will create a label, called "BeeMark", that will show honey is being produced sustainably.
  • Data collected from the network of interconnected beehives is also being researched, in order to provide insight into the global bee population decline.

  • The new network, developed in partnership with the World Bee Project, will create a label, called "BeeMark", that will show honey is being produced sustainably.
  • Data collected from the network of interconnected beehives is also being researched, in order to provide insight into the global bee population decline.

Fidelity and Amazon-Backed Blockchain Accelerator Recruit 50 Mentors

  • Startup Studio is a program that aims to help crypto-related startups to grow and advance in the business world.
  • Fifty highly respected community figures will provide mentorship.

Huobi Revamps its Stablecoin System with New ERC-20 Token

  • The new ERC-20 HUSD Token was developed by Stable Universal, and will be pegged to the U.S. dollar and held in reserve by the custodian Paxos.
  • A "top U.S. auditing firm" will be conducting monthly checks, to make sure that the USD reserves match the supply of HUSD Token.

Opinion: ZCash Makes History with First “Friendly” Network Split

  • The new coin named Ycash is already live.
  • It has a lowered Founders Reward and will soon be mineable with commodity hardware.

  • The new coin named Ycash is already live.
  • It has a lowered Founders Reward and will soon be mineable with commodity hardware.

Editor's Picks

Binance Updates its IEO Participation Rules

  • The BNB holding requirements in order to receive the maximum number of tickets have dropped to 250 BNB per user.
  • Ticket counts have also been increase in order to minimise the risk of big BNB holders receiving no winning lottery tickets.

  • The BNB holding requirements in order to receive the maximum number of tickets have dropped to 250 BNB per user.
  • Ticket counts have also been increase in order to minimise the risk of big BNB holders receiving no winning lottery tickets.

50,000 Affected Users to be Reimbursed in Crypto by BITPoint Exchange

  • The exhcnage has prepared 2.06 billion yen ($20 million) worth of cryptocurrencies for a refund.
  • Recently published document revealed that the hacker took off with 1,225 BTC, 1,985 BCH, 11,169 ETH, 5,108 LTC, and 28,106 XRP.

Facebook’s Libra Under Heavy Attack in Senate Hearing

  • Most senators raised concerns over Facebook's repeated history of privacy issues and lack of trust by the general public.
  • AML and KYC compliance was also central to the hearing, as was the registration of Calibra in Switzerland.

Brave Browser Publishers Reach The 200,000 Milestone

  • Popular publishers from YouTube, Twitter, Twitch, Vimeo, and Reddit, as well as websites such as WikiHow, Chess.com, and many others, are joining in.
  • Youtube accounts are leading the way with sixfold growth over the past 6 months.

Japanese Exchange Bitpoint Suspends Services After a Hack

  • 3.5 billion yen worth of cryptocurrencies were stolen, 2.5 of them belonged to customers.
  • The hot wallet that was drained was holding BTC, BCH, XRP, ETH and LTC.

New Blockchain Simulator Lets Anyone Experiment With Blockchains

  • The new blockchain simulator - SimBlock - lets anyone play around and experiment with the parameters of Bitcoin, Litecoin, and Dogecoin.
  • The simulator can run on any personal computer that supports JAVA, and allows its users to change and investigate the behaviour of blockchain nodes.

Jihan Wu’s Rumoured New Project is Already in Beta

  • Most of the rumours surrounding the project have been confirmed.
  • The startup will offer OTC trading in addition to custodial and lending services.

Ripple Incubator Xpring has Invested $500 Million in XRP Projects in a Year

  • Ripple's incubator and investment arm Xpring has invested $500 million in over 20 XRP projects and companies since its creation last year.
  • The Xpring team is also designing a development platform that offers resources such as libraries, tools, and services for developers.

Litecoin ranked ‘Excellent’ in Adoption and Investment Return

  • Litecoin ranked highly by the respected Weiss Ratings.
  • The Litecoin Foundation has valuable partnerships and new goals ahead.

Report: 68% of Crypto Exchanges Volume is Fake, Only 10 with Authentic Volume

  • Alameda Research conducted an analysis of crypto exchanges and found that most of the volume is fake.
  • Only 10 exchanges were found to report real volume, including Binance, Bittrex, and Kraken.

Will Facebook’s Libra Enable Foreign Interference on Elections?

  • Facebook is trying to assure United States regulators that they can fight foreign interference with elections.
  • Cryptocurrency will take a big part in the 2020 Presidential elections.

In Other News

Chainalysis is the First Blockchain Company Included in Forbes’ Next Billion-Dollar Startups List

  • Aside from preventing crypto crimes Chainalysis also provides regulatory compliance services.
  • CEO Jonathan Levin shares his views on the blockchain business sector.

The Next Nexo Dividend Distribution Set for August 15

  • Nexo is giving back to the blockchain community by distributing 30% of the project's net profit in a given dividend period.
  • The first time the company paid dividends to its investors was on 15 December, 2018, when it distributed over $900,000 in NEXO tokens.

Samsung Partners with Major Korean Firms to Develop Blockchain-Based Mobile ID Network

  • Participants in this partnership include financial services firms KEB Hana Bank, Woori Bank, KOSCOM, as well as mobile carriers KT, SK Telecom, LG.
  • The system will be developed around a consortium blockchain model, with network nodes being operated by the participating firms.

BlockShow Asia 2019 Promises a Festival of Decentralised Technology

  • The event will take place on Nov. 14-15 at the Marina Bay Sands Expo in Singapore, and will be divided into 10 conferences.
  • A Medialogue will be held on Nov. 13, with the goal of bringing media outlets and PR agencies together, and allow them to network and discuss new trends.

The Blockchain Promotion Act has been Approved by the U.S. Senate Committee

  • The Blockchain Promotion Act is a bipartisan legislation that will direct the Department of Commerce (DoC) to come up with a definition of blockchain at the federal level.
  • It will also establish a blockchain working group within the DoC.

IDEO CoLab’s Blockchain Accelerator Supported by Amazon, Deloitte, Fidelity

  • IDEO CoLab's blockchain accelerator program Startup Studio receives support from 20 blue chip and crypto firms.
  • The aim of the program is to unbundle the traditional startup accelerator model into a collection of programs and workshops.

The Cryptocurrency Rush Converts Old Swiss Gold Mines into Mining Bunkers

  • Swiss abandoned gold mines have mutated into cryptocurrency mining bunkers as the new digit asset rush takes over.
  • The first crypto miners to arrive at Gondo were the Swiss businessmen from Alpine Tech.

Must Read

Anchorage Raises $40m in a Series B Round, led by Visa and Blockchain Capital

  • Institutional crypto custody provider Anchorage has raised $40 million in a Series B funding round.
  • The round was backed by Visa, Blockchain Capital and existing investors such as Andreessen Horowitz.

Binance Launches 2.0 Platform and Margin Trading

  • Margin trading is available across six cryptocurrencies: BTC, ETH, XRP, BNB, TRX, and USDT, with fees as low as 0.01%.
  • The 2.0 platform also includes "an advanced trading engine for better order matching and press indexes for margin level calculations to enable lower liquidations."

LG Could be Expanding its Blockchain Initiatives

  • The IT subsidiary of LG has announced it will be using blockchain to foster supply chain transparency for school lunches in South Korea.
  • Earlier this month the technology giant also applied for the "ThinkQ Wallet" trademark with the U.S. Patent and Trademark Office.

Litecoin Outshines Rivals in Advance of August Reward Halving

  • Litecoin has seen fantastic progress in both pricing and non-price metrics in 2019.
  • This superb performance could be connected to the mining reward halving that will happen on August 6.

Popular

Singapore’s Tax Agency Suggests Relieving Crypto Transactions from GST

  • Singapore’s Tax Agency proposes sparing Crypto transactions from GST.
  • The initial suggestion does not apply to stablecoins such as USDT and DAI.

Kaspersky Lab Report: 1 in 5 People Have Bought Cryptocurrencies

  • The study was conducted between the months of October and November 2018, and includes responses from over 13,000 people from 22 different countries.
  • 19% said they had purchased cryptocurrencies in the past, while 14% said they have never bought, but would like to in the future.

Chinese Ponzi Scheme Defrauds Hundreds of Thousands, Victims Blame Tron and Justin Sun

  • Scammers who previously claimed association with Tron have disappeared with around $30,000,000 worth of investor's money.
  • Defrauded investors are blaming Justin Sun for his lack of dissociation with the scam.

Chainlink Announces Team Expansion, Eight New Roles to be Added

  • Eight new positions have been listed on Chainlink's official website following the announcement.
  • They include a head of product management, a design lead, general counsel, a marketing manager in addition to engineering positions.

The FCA Proposes Prohibition on all Cryptocurrency-Related Products

  • The Financial Conduct Authority asks for a ban on all cryptocurrency-related products due to investor risks.
  • Christopher Woolard warns that the high volatility of digital assets might harm small investors.

Read More

NEWS

Steve Wozniak Invested in a Blockchain-Based Energy Saving Firm in Malta

  • Efforce will allow investors to support energy efficient projects around the world.
  • It will also use blockchain to help the public decrease their environmental impact, without having to change their habits.

LG Could be Expanding its Blockchain Initiatives

  • The IT subsidiary of LG has announced it will be using blockchain to foster supply chain transparency for school lunches in South Korea.
  • Earlier this month the technology giant also applied for the "ThinkQ Wallet" trademark with the U.S. Patent and Trademark Office.

New Blockchain Simulator Lets Anyone Experiment With Blockchains

  • The new blockchain simulator - SimBlock - lets anyone play around and experiment with the parameters of Bitcoin, Litecoin, and Dogecoin.
  • The simulator can run on any personal computer that supports JAVA, and allows its users to change and investigate the behaviour of blockchain nodes.

Huobi Revamps its Stablecoin System with New ERC-20 Token

  • The new ERC-20 HUSD Token was developed by Stable Universal, and will be pegged to the U.S. dollar and held in reserve by the custodian Paxos.
  • A "top U.S. auditing firm" will be conducting monthly checks, to make sure that the USD reserves match the supply of HUSD Token.

Binance Launches 2.0 Platform and Margin Trading

  • Margin trading is available across six cryptocurrencies: BTC, ETH, XRP, BNB, TRX, and USDT, with fees as low as 0.01%.
  • The 2.0 platform also includes "an advanced trading engine for better order matching and press indexes for margin level calculations to enable lower liquidations."

EQL is Finalising the Switch to BEP-2, Binance DEX Listing Expected Tomorrow

  • Equal is a browser extension, which serves as a user-friendly gateway to the crypto economy via its wallet features and dapp store.
  • It has just concluded its move from Ethereum's chain to that of Binance, and a Binance DEX listing is expected to occur on July 4, 4:00 AM UTC.

The Next Lightning Network release will Include Anti-Fraud ‘Watchtowers’

  • Bitcoin’s Lightning Network (LN) will implement anti-fraud ‘Watchtowers’ in their next release.
  • Securing the Lightning Network was anticipated by many users who desire faster bitcoin payments and implementing “Watchtowers” should presumably crush most fraud attempts on the off-chain network.

Bitcoin’s Lightning Network Capacity Sees a Substantial Drop

  • Bitcoin’s Lightning Network (LN) capacity dropped with more than 13% recently, provoking doubts about its long-term capabilities among supporters.
  • The unexpected drop has been commented across different social media platforms with users pointing out that liquidity is also suffering.
  • One of the larger node operators on the network, LNBig did declare via Twitter that he might been involved in the downturn.

Bitcoin.com Is Launching a LocalBitcoins Competitor

  • Bitcoin.com is launching a localbitcoins alternative with no KYC requirements.
  • Thanks to new developments such as OP_CHECKDATASIG bitcoin.com can provide escrow services without ever being in custody of the traded coins.

Tim Draper Worried about Ethereum’s Economics

  • Tim Draper is not a fan of the 2%-4% ETH issuance rate.
  • Despite Draper's love for smart contracts he sees flaws in Ethereum's economics and history of centralisation.

Vitalik Buterin Proposes Creating an Ether Mixer to Tackle Privacy Concerns

  • Ether mixer that uses smart contracts will improve user privacy according to Vitalik Buterin, Co-Founder of Ethereum.
  • A web-based interface will provide access to the couple of smart contracts proposed.

Chainlink Mainnet Going Live on Ethereum

  • Chainlink is finally launching on the Ethereum mainnet at the end of the month.
  • Chainlink's idea is to link smart contracts with the necessary inputs and outputs by letting them connect to any API.

Ripple Release Report Showing They Sold $535 Million Worth of XRP in 2018

Ripple have released their report for the fourth quarter of 2018, claiming impressive sales of their cryptocurrency despite the bearish market conditions. The company managed to sell 129.03 million dollars worth of XRP in Q4, adding up to a total of $535.56 for 2018.

R3 Announce New App which Supports XRP Payments

R3, an enterprise blockchain software firm, has announced, in a press release, the launch of their new application Corda Settler. The application was built to ensure a seamless settlement of payments on Corda, and according to the press release, Ripple will be the first settlement mechanism. As stated in the...

Litecoin Outshines Rivals in Advance of August Reward Halving

  • Litecoin has seen fantastic progress in both pricing and non-price metrics in 2019.
  • This superb performance could be connected to the mining reward halving that will happen on August 6.

Litecoin ranked ‘Excellent’ in Adoption and Investment Return

  • Litecoin ranked highly by the respected Weiss Ratings.
  • The Litecoin Foundation has valuable partnerships and new goals ahead.

News of MimbleWimble Support And Beam Partnership Result In Litecoin Price Hike

Litecoin holders will be happy to see that the coin has pumped more than 20% within a single day. The reason - an announcement of a massive collaboration between the Litecoin Foundation and the team behind the Beam cryptocurrency. After a successful rebrand, litecoin...

Bitcoin Cash Fundraising Goal Doubled after Successful Campaign Start

  • The funding goal is now 1600 BCH.
  • Bitcoin Verde and Flowee the Hub have been added to the beneficiaries list.

Bitcoin Cash Close to Reaching Development Fundraising Goal

  • 761.85 BCH have already been raised for Bitcoin Cash development.
  • For the time being it looks like Bitcoin Cash development doesn't need large corporate investment, DAO-s or other forms of funding.

Bitcoin Cash Overcomes an Attack, Successfully Implements Schnorr Signatures

Bitcoin Cash has successfully completed its planned network upgrade. As of block 582680, mined at around 5:30 PM UTC, the updated BCH network now supports Schnorr signatures. This upgrade prevents second-party malleability, but given the preference Bitcoin cash developers have for on-chain scaling, the...

Huobi’s Stablecoin Sees a Successful Launch and 30 Million USD in Trading Volume

  • Starting today, HUSD is a separate token, rather than a virtual encapsulation of stablecoins on Huobi.
  • The trading volume of the token is already impressive, and likely to grow as Huobi has introduced 0-fee trading for it.

The White Paper of Facebook’s Libra Cryptocurrency has been Released

  • The new cryptocurrency will run on its own native and scalable Libra Blockchain, and will be backed by a basket of fiat currencies and government securities.
  • An independent consortium, dubbed Libra Association, which is backed by some of the biggest names in the tech industry, has also been announced.

A Regulated, Bitcoin Cash-Based, USD-Backed Stablecoin Has Been Released

  • A new regulated stablecoin has been created, this time it uses the Bitcoin Cash blockchain as its host.
  • The backing technology is the Simple Ledger Protocol, also chosen by Alliance Cargo Direct and Liberland for their own respective tokens.

The Next Nexo Dividend Distribution Set for August 15

  • Nexo is giving back to the blockchain community by distributing 30% of the project's net profit in a given dividend period.
  • The first time the company paid dividends to its investors was on 15 December, 2018, when it distributed over $900,000 in NEXO tokens.

Chainlink Announces Team Expansion, Eight New Roles to be Added

  • Eight new positions have been listed on Chainlink's official website following the announcement.
  • They include a head of product management, a design lead, general counsel, a marketing manager in addition to engineering positions.

KPMG Partners with Microsoft, R3, Tomia on Blockchain Telecom Solution

  • KPMG'S blockchain solution will try to reduce the number of disputes, costs, and time involved in telecom settlements through the use of smart contracts.
  • A study shows that the estimated cost of international mobile data roaming fees could reach $31billion in 2022.

Oracle Uses Blockchain to Track Honey Sustainability

  • The new network, developed in partnership with the World Bee Project, will create a label, called "BeeMark", that will show honey is being produced sustainably.
  • Data collected from the network of interconnected beehives is also being researched, in order to provide insight into the global bee population decline.

Fidelity and Amazon-Backed Blockchain Accelerator Recruit 50 Mentors

  • Startup Studio is a program that aims to help crypto-related startups to grow and advance in the business world.
  • Fifty highly respected community figures will provide mentorship.

New Jersey Bureau of Securities is Suing Pocketinns For Selling Unlicensed Securities

  • Despite the existence of New Jersey exemptions on token sales, Pocketinns did not acquire the necessary documentation from its investors.
  • The New Jersey Bureau of Securities is seeking a refund and a monetary penalty.

Plaintiff’s Representative Says Craig Wright Failed to Disclose Bitcoin Holdings as per Court Order

  • The self-proclaimed creator of Bitcoin, Craig Wright, has failed to produce his Bitcoin holdings prior to December 31, 2013, as per a court order.
  • On June 28, Wright is expected to appear for a deposition at the U.S. District Court for the Southern District of Florida.

SEC to Sue Kik for their ICO in 2017

  • SEC to sue Kik for their $100 million ICO in 2017 due to the sale of unregistered securities.
  • Reportedly, Kik were losing money for years but wanted to raise additional capital to look more appealing.

Indian Minister Clarifies There is No Official Ban on Cryptocurrencies Yet

  • India's Minister of State for Finance, Anurag Thakur, has said there is no separate law for dealing with issues relating to cryptocurrencies in India.
  • Earlier this month, a unverified copy of a draft bill was uploaded on Scribd, which if passed would mean a ban on cryptocurrencies in India.

FATF Approves New Japanese Payment Network Similar to SWIFT

  • The network was first proposed by the Japanese Ministry of Finance and its national regulator, the Financial Services Agency (FSA).
  • The development of the network, which is aimed at combating money laundering more effectively, will be monitored by a team related to the FATF.

The Political Pressure on Facebook’s Libra Continues

  • A lengthy back-and-forth focused once again on privacy and money laundering issues.
  • More predominant this time were comparisons of Libra to a bank, suggesting the project should be regulated as one.

50,000 Affected Users to be Reimbursed in Crypto by BITPoint Exchange

  • The exhcnage has prepared 2.06 billion yen ($20 million) worth of cryptocurrencies for a refund.
  • Recently published document revealed that the hacker took off with 1,225 BTC, 1,985 BCH, 11,169 ETH, 5,108 LTC, and 28,106 XRP.

Japanese Exchange Bitpoint Suspends Services After a Hack

  • 3.5 billion yen worth of cryptocurrencies were stolen, 2.5 of them belonged to customers.
  • The hot wallet that was drained was holding BTC, BCH, XRP, ETH and LTC.

Chinese Ponzi Scheme Defrauds Hundreds of Thousands, Victims Blame Tron and Justin Sun

  • Scammers who previously claimed association with Tron have disappeared with around $30,000,000 worth of investor's money.
  • Defrauded investors are blaming Justin Sun for his lack of dissociation with the scam.

INDUSTRY

Kaspersky Lab Report: 1 in 5 People Have Bought Cryptocurrencies

  • The study was conducted between the months of October and November 2018, and includes responses from over 13,000 people from 22 different countries.
  • 19% said they had purchased cryptocurrencies in the past, while 14% said they have never bought, but would like to in the future.

Report: 68% of Crypto Exchanges Volume is Fake, Only 10 with Authentic Volume

  • Alameda Research conducted an analysis of crypto exchanges and found that most of the volume is fake.
  • Only 10 exchanges were found to report real volume, including Binance, Bittrex, and Kraken.

Celer ICO Concludes, Resulting in Public Disappointment With Binance Launchpad

The ICO of second-layer scaling solution Celer, performed on top of Binance Launchpad, has concluded. According to Changpeng Zhao, CEO of Binance, the flash sale marked the highest demand the platform has seen. https://twitter.com/cz_binance/status/1108016003982614528 The buying pressure was by no...

Ground X Raises $90 Million in Private Token Sale

Ground X, the crypto unit of South Korean messaging giant Kakao, has successfully raised $90 million in a private coin offering round, Bloomberg reported on March 10th. According to Jason Han, CEO of Ground X, some of the participants in this ICO round included firms such...

Fetch AI ICO Repeats BitTorrent’s Post-ICO Price Jump

Binance's Launchpad service has been showing a pattern, that's remarkably similar to the 2017 Ethereum-based ICO craze. A second ICO in a row on the exchange has managed to successfully multiply investors' money - after reaching its hard cap in minutes.

IEO Returns High as Ever, Akropolis Investors Get 12x Their Money in a Day

  • Huobi Prime's latest offering traded at 12x its IEO price hours after open trading started.
  • Interest in Akropolis is not unexpected, considering that Akropolis is an EEA member with multiple partnerships.

Elrond Starts Trading at 14 Times its IEO Price

  • Binance Launchpad's latest offering has outperformed the initial price jump of Matic and Harmony.
  • It is also available to trade on Binance DEX, airdrops for DEX users have also been announced.

Telegram’s Cryptocurrency to be Sold at Triple ICO Price in Public Offering

  • Gram Asia is selling the Gram tokens it is holding for $4 each, approximately three times the price they sold for before, on the Liquid exchange.
  • Telegram, which is used by more than 200 million people, is hoping to release its Gram token by the end of the third quarter of 2019.

Binance Updates its IEO Participation Rules

  • The BNB holding requirements in order to receive the maximum number of tickets have dropped to 250 BNB per user.
  • Ticket counts have also been increase in order to minimise the risk of big BNB holders receiving no winning lottery tickets.

Bitmain Renews IPO Plans, Targets The USA for Take Two

  • Bitmain Technologies is bringing back their idea for an Initial Public Offering.
  • After the expiration of the Hong Kong IPO application, a U.S. listing will be chosen for the company's second attempt .

Ethereum-Based IPO Platform Plans to List First Company in June

SprinkleXchange, an initial public offering platform built on Ethereum, is getting ready to list its first company in June, Bloomberg reported. According to the report, the Bahrain based platform uses the Ethereum blockchain for settlement and clearing, and will allow its users to trade listed companies 24...

Ripple Incubator Xpring has Invested $500 Million in XRP Projects in a Year

  • Ripple's incubator and investment arm Xpring has invested $500 million in over 20 XRP projects and companies since its creation last year.
  • The Xpring team is also designing a development platform that offers resources such as libraries, tools, and services for developers.

Big Wall Street Player bets on Cryptocurrency

  • Henry Kravis invests in a flagship San Francisco crypto fund managed by ParaFi Capital.
  • ParaFi Capital Founder understands that crypto investments are become more and more lucrative for Wall Street.

Ripple Will Invest $50 Million in MoneyGram International

  • Payment Network Ripple Will Invest $50 Million in MoneyGram.
  • The current contract comes as a sequel to their 2018 mutual work.
  • The contract allows MoneyGram to use XRP and xRapid.

Anchorage Raises $40m in a Series B Round, led by Visa and Blockchain Capital

  • Institutional crypto custody provider Anchorage has raised $40 million in a Series B funding round.
  • The round was backed by Visa, Blockchain Capital and existing investors such as Andreessen Horowitz.

Clause Closes a $5.5 Million Series A Funding Round, Partners with DocuSign

  • Clause provides blockchain-based solutions which facilitate the creation, storage and maintenance of digital contracts for businesses.
  • The new funds will help bring smart contracts to enterprises.

Alibaba’s Ant Financial Back $10 Million Round for ZKP Blockchain Privacy Solutions Firm

QEDIT, an Israeli blockchain privacy solutions firm developing zero knowledge proof (ZKP) technology, has closed a $10 million Series A round which saw participation from investors such as Ant Financial, the payments affiliate of Chinese e-commerce giant Alibaba, the Israeli daily business newspaper Calcalist reported this Tuesday.

Opinion: ZCash Makes History with First “Friendly” Network Split

  • The new coin named Ycash is already live.
  • It has a lowered Founders Reward and will soon be mineable with commodity hardware.

Could 2019 be a Repeat of 2017?

  • 2017 was the year when cryptocurrencies became a part of mainstream finance.
  • 2019 could be a repeat of 2017's explosive performance and key markers point that way.

Cryptopia – a Refreshing Example of Good Crisis Management

The Cryptopia exchange became infamous over the last few months with the hack it sustained on January 14th, 2019. As per the latest estimates, in the worst case scenario, a total of 9.4% of the exchange's holdings have been stolen by the hackers. But...

TECHNOLOGY

How to Deploy Smart Contracts via MEW

Deploying an Ethereum smart contract is an easy task thank to MyEtherWallet's Deploy Contract interface. All you need to have is the following: Byte CodeABI/JSON InterfaceContract Name Once you have those three ready, the first two of which you can get...

Cryptocurrency Project Requirements for Conducting an IEO

  • This year we see a definitive increase in popularity for IEOs that resembles the boom of 2017.
  • In order to qualify for that valuable exchange platform support you need to consider several important points.

How to Interact With Smart Contracts via MEW

  • Quite often, once a smart contract is deployed, you will need to change some of its parameters.
  • The easiest way you can interact with a smart contract is via MyEtherWallet's Interact with Contract interface.

Web 3.0 and not Bitcoin will bring a revolution, according to Michael Novogratz

Michael Novogratz is a former Wall Street executive, a notable bitcoin bull and his opinion is always interesting to the public. Mike, who at the moment is the CEO of Galaxy Digital, commented on the chance of Bitcoin to change the world we live in.

IMF and World Bank Launch Educational Token to Explore Blockchain Technology

The International Monetary Fund (IMF) and the World Bank have launched a crypto token on a private blockchain in a joint attempt to improve their knowledge of blockchain technology, the Financial Times reported on April 12. According to the report, the so called "Learning...

Accenture, Mastercard, Amazon to Introduce a Blockchain-Enabled Supply Chain

Consulting company Accenture is collaborating with major global firms to introduce a blockchain-enabled circular supply chain, according to a press release published on Feb. 25. The consultancy firm, which has worked on several blockchain-based projects in the past year, is planing to use the technology to improve...

NEO Releases a New Monthly Report, NEO 3.0 is Progressing Well

  • The progress update details the development work done on Neo 3.0.
  • The new NEO network will provide better scalability, lower fees, integrated oracles and user identity.

ARK Deployer Makes Launching a Blockchain Easy and Quick

  • Ark Deployer makes building custom blockchains simple, quick and inexpensive.
  • This release is a massive step forward from ARK's previous terminal-based offerings, targeted at users who are more tech-savvy.

ConsenSys Launches New Job Kit to Help Developers Enter the Blockchain Market

  • ConsenSys DApp Developer Job Kit was released on 24 May to help developers enter the growing blockchain market.
  • Linkedin's 2018 U.S. Emerging Jobs Report shows a 33 times increase in blockchain job listings.

Steve Wozniak Invested in a Blockchain-Based Energy Saving Firm in Malta

  • Efforce will allow investors to support energy efficient projects around the world.
  • It will also use blockchain to help the public decrease their environmental impact, without having to change their habits.

Amazon Purchases via ETH Will be Possible Thanks to Joint Work by Two Startups

  • CLIC Technology and Opporty are working on a browser add-on that will allow consumers to make everyday purchases on Amazon using Ethereum.
  • It will make use the Plasma Cash second layer solution which offers high throughput.

Buy Mobile Data Anywhere Using Jet8’s New Crypto Wallet

  • Retailers such as 7-Eleven (Philippines), Shop & Go (Vietnam), Alfamart (Indonesia), and others already work with the wallet.
  • More than 50 well-established businesses are making transactions using J8T, which amounted to a combined reach of more than 400 million social accounts last year.

Bitmain’s Antminer T17 Is Now Available For Purchase

Bitmain's newest miner is now available for purchase on the company's official website. Priced at $1,270, the machine can mine SHA256-based cryptocurrencies at 40TH/second. Its biggest improvement over the previous generation has to do with efficiency. Based on the BM1397 chip, which uses a...

Bitmain Releases The Antminer Z11

Bitmain has just announced the release of its new Equihash ASIC miner - the Antminer Z11. In an official statement, the company claimed that its newly designed internal circuit structure would allow the Z11 to reach three times the hash rate of its predecessor - up to...

Bitmain Announces Its New And Improved 7nm Mining Chip

Your current SHA256 mining machines might become obsolete really soon. Seemingly out of nowhere, a new press release by Bitmain proudly announces a next generation mining chip based on a 7nm semiconductor manufacturing process - the BM1397. News coverage on Bitmain throughout the past...

Central Banks Could Begin Issuing Digital Currencies in The Future

  • The General Manager of the Bank for International Settlements has said that BIS is supporting the world's central banks in their efforts of researching and developing digital currencies.
  • A recent report from the International Monetary Fund shows that several central banks are already considering implementing some form of Central Bank Digital Currency (CBDC).

J.P. Morgan Will Begin Customer Trials of Its “JPM Coin”

  • J.P. Morgan Chase will reportedly start trials of its "JPM Coin" with several of its corporate clients, which remain unnamed.
  • The "JPM Coin" was revealed in mid February, with the coin being presented as a stablecoin tethered to the U.S. dollar.

Blockchain Payments Network to be Launched by Japan’s Largest Bank

Japan's largest financial group and the world's fifth largest bank, Mitsubishi UFJ Financial Group (MUFG), will be launching a blockchain-based payments network in 2020. The company announced that a joint venture with fintech firm Akamai Technologies has been formed and the payments platform is...

Shell Sees Opportunities in Blockchain Technology

  • Shell blockchain tech lead Sabine Brink mentions several possible use cases.
  • Shell is also using the EW Chain, created by the Energy Web Foundation (EWF), in their production environment.

Brave Browser Publishers Reach The 200,000 Milestone

  • Popular publishers from YouTube, Twitter, Twitch, Vimeo, and Reddit, as well as websites such as WikiHow, Chess.com, and many others, are joining in.
  • Youtube accounts are leading the way with sixfold growth over the past 6 months.

IDEO CoLab’s Blockchain Accelerator Supported by Amazon, Deloitte, Fidelity

  • IDEO CoLab's blockchain accelerator program Startup Studio receives support from 20 blue chip and crypto firms.
  • The aim of the program is to unbundle the traditional startup accelerator model into a collection of programs and workshops.