Coinbase’s Visa Card Now Supports 5 More Cryptos in More E.U. Countries
- The Coinbase Visa Card now supports XRP, BAT, REP, ZRX and XLM.
- The card enables the exchange's customers to make purchases, anywhere Visa is accepted, with digital currencies through their Coinbase accounts.
Brave Releases 1.0 Version of Their Innovative Browser
- The need for private internet experience and the growing problem of data privacy has inspired the creation of the browser.
- Brave’s browser loads much faster than its main competitors, uses less memory and data.
Tron Founder Admits Investing in Poloniex
- Despite previously refuting the rumors, Justin Sun has admitted to being part of the investment group which acquired Poloniex.
- Sun said that the cryptocurrency exchange will operate independently from his firm, the Tron Foundation.
Telegram Asks Court to Dismiss SEC Lawsuit in New Filing
- In the filing the messaging app firm has refuted all allegations made by the SEC that its token is a security.
- The firm further accused the U.S. regulator of engaging in "improper ‘regulation by enforcement’ in this nascent area of the law".
Core Scientific Announces New Premier Blockchain Hosting Center
- 30MW of client blockchain servers have already been deployed to the new site.
- With this investment in Core’s infrastructure, their customers will be fully able to use the maximum of their own servers.
Agricultural Tech Firm and Logistics Veteran Join Forces to Assure Food Security
- Demand for transparent tracking and verification of sources of food is growing.
- UPS and HerdX successfully tracked and verified a beef shipment from Kansas to Japan.
China’s Digital Currency to Have “Controllable Anonymity”
- Official from China's central bank said that the country is not trying to gain "full control of the information of the general public".
- He further said that the country's digital currency is developed with the aim of complementing the paper yuan.
ECB Creates Innovation Hub to Focus on Fintech Research
- The initial target of the new entity will be to understand exactly how technology is affecting central banks.
- Benoit Coeure is one of the leading voices when it comes to concerns over the impact of technology on financial services as they stand.
Paxos’ New Fiat Gateway to be Used by Binance
- The new product allows customers to easily swap between fiat currencies and stablecoins.
- The company has also introduced its Stablecoin Swap service, which lets users swap between stablecoins.
Editors' Picks
HTC’s New Limited Edition Smartphone Supports Binance Chain
- The Exodus 1 Binance Edition will integrate its native crypto wallet app with Binance DEX.
- Soon to be made available on the HTC website, and priced at $599, the phone could be purchased through cryptocurrency.
6-Figure Influential Bitcoin Trader Forecasts a Continued BTC Price Slump
- Zoran Kole, a highly respected crypto trader, states that the bottom of the pit is yet to be seen.
- The effects of Bakkt's launch on the digital assets market are yet to match the hype that was mounting during the project's development.
Coca-Cola to Use Blockchain for Supply Chain Management
- Coca-Cola's blockchain pilot will be expanded from 2 to 70 of the manufacturers that bottle and ship nearly 160,000 bottles daily.
- The blockchain solution was developed by German software firm SAP, and aims to improve distribution for all participants in the network.
China Discloses More Than 500 Enterprise Blockchain Projects
- With President Xi Jinping’s blessing, the Chinese government is involved in many blockchain projects part of the list.
- Some of the biggest Chinese technology and retail enterprises are competing to offer the most advanced blockchain cloud services.
Can Cryptocurrency Replace Central Banks?
- The topic of a central bank digital currency (CBDC) is slowly becoming one of the hottest financial debates.
- Cryptocurrency often comes up as a potential solution for CBDC, some even arguing that it will eventually replace central banks as a whole.
Facebook’s Libra Lost PayPal’s Backing
- This Friday Amanda Coffee, a spokeswoman for PayPal, confirmed that the company has withdrawn from the Libra Association.
- Visa and Mastercard are reportedly also unsure about their participation in the stablecoin project, obviously wary of the regulatory pushback.
Testnet Split Caused by Ethereum’s Istanbul Early Arrival
- The update came in 2 days earlier, causing a split of the Ropsten testnet.
- There shouldn't be any problems when the update is activated on the main Ethereum network, Hudson Jameson, community manager of the Ethereum Foundation, explained.
Binance Receives an Internationally Recognized ISA
- Despite recent hacks, Binance still received the reputable ISO/IEC 27001 standard.
- The company was examined on 114 criteria across 14 categories, including asset management, security policy, and operational security.
Germany Approves Strategy for Exploring Valuable Blockchain Use Cases
- The program came out after extensive talks which engaged 158 professionals and company representatives.
- At the European and international level, the Federal Government will work to ensure that stablecoins are not allowed in the economy.
Opinion
Can China’s Blockchain Push Unleash the End-of-Year Bulls?
- China publicly announcing their support for blockchain innovation seems to have given the bulls a reason to charge again.
- Total crypto market cap has jumped by more than $40 billion in a matter of hours, with Bitcoin closing in on $10,000.
Why the Libra Exodus Might be Good for the Project
- With organizations withdrawing in droves, thoughts of Libra's downfall naturally come to mind.
- However, with the seeming invulnerability of the project now shattered, policymakers might take a more objective approach towards the venture.
Can Cryptocurrency Replace Central Banks?
- The topic of a central bank digital currency (CBDC) is slowly becoming one of the hottest financial debates.
- Cryptocurrency often comes up as a potential solution for CBDC, some even arguing that it will eventually replace central banks as a whole.
How the U.S.-China Trade War is Affecting the Crypto Market
- China is making more out of their trade relationship with the U.S. and Donald Trump doesn't like that.
- While not directly influenced, the crypto market is still part of the economic machine and is reacting to the uncertainty of this grand bout.
Global Recession Indicators Send the Crypto Market in Freefall
- Bitcoin has proclaimed its intended role as a store of value during recessions since its genesis block.
- Still, the news about an incoming recession saw the coin react like it is part of the "high-risk gambling vehicle" asset class, in stark contrast to established stores of value.
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.
In Other News
Bakkt Launches Custody Services for Institutional Clients
- After receiving the green light from the N.Y. Department of Financial Services, Bakkt opened its custody services to its entire client base.
- Pantera Capital, Galaxy Digital, and Tagomi have already decided to use the Bakkt Warehouse as their digital asset custodian.
Tencent Granted License to Operate a Blockchain Bank
- Tencent blockchain general manager Weige Cai announced the news in a keynote speech at the Wuzhen blockchain conference.
- With this license, Tencent will gain speed in virtual banking over mainland competitors.
FBI Director: Cryptocurrency a “Significant Issue” for Law Enforcement
- Wray noted that crypto is not the only problem as encryption is being introduced to most of the modern communication apps.
- FBI had 130 cases that involved crypto in 2018 and are calling for more serious measures.
Private Jets Leasor Plans to Raise $10 Million for Crypto Charter Flights
- Payments will be made in Jet Token's Ethereum ERC-20 token to allow for flexibility and quicker bookings.
- How these ERC-20 tokens will be issued is still unclear, though clients will be able to purchase them with cash or Bitcoin.
Volvo Cars Joins the Responsible Sourcing Blockchain Network
- Volvo will apply RSBN in their LG Chem supply chain from spring 2020.
- As part of its pilot phase, the RSBN blockchain traced cobalt coming from the Democratic Republic of Congo, all the way to the United States.
Micree Zhan Vows to Return to Bitmain Through Legal Actions
- Last week Jihan Wu, a Bitmain co-founder, informed all staffers that Zhan had been dismissed.
- Micree Ketuan Zhan responded by saying he was removed without consent or prior knowledge, and that he will take legal action.
Coinbase’s Visa Card Now Supports 5 More Cryptos in More E.U. Countries
- The Coinbase Visa Card now supports XRP, BAT, REP, ZRX and XLM.
- The card enables the exchange's customers to make purchases, anywhere Visa is accepted, with digital currencies through their Coinbase accounts.
Bakkt Launches Custody Services for Institutional Clients
- After receiving the green light from the N.Y. Department of Financial Services, Bakkt opened its custody services to its entire client base.
- Pantera Capital, Galaxy Digital, and Tagomi have already decided to use the Bakkt Warehouse as their digital asset custodian.
Coinbase Will Reward Users Staking Tezos
- The San Francisco-based exchange will now reward users that decide to deposit their XTZ tokens on the platform with a 5% annual interest.
- The initial holding period of the tokens is 35-40 days, after which customers will receive rewards every 3 days.
DX.Exchange Suspends Operations, Looks for New Buyer
- Security costs, support and technology are causing the startup to put the business on hold.
- Customers who would like to withdraw should submit a request before November 15th.
Tron Founder Admits Investing in Poloniex
- Despite previously refuting the rumors, Justin Sun has admitted to being part of the investment group which acquired Poloniex.
- Sun said that the cryptocurrency exchange will operate independently from his firm, the Tron Foundation.
Core Scientific Announces New Premier Blockchain Hosting Center
- 30MW of client blockchain servers have already been deployed to the new site.
- With this investment in Core’s infrastructure, their customers will be fully able to use the maximum of their own servers.
Agricultural Tech Firm and Logistics Veteran Join Forces to Assure Food Security
- Demand for transparent tracking and verification of sources of food is growing.
- UPS and HerdX successfully tracked and verified a beef shipment from Kansas to Japan.
ECB Creates Innovation Hub to Focus on Fintech Research
- The initial target of the new entity will be to understand exactly how technology is affecting central banks.
- Benoit Coeure is one of the leading voices when it comes to concerns over the impact of technology on financial services as they stand.
Paxos’ New Fiat Gateway to be Used by Binance
- The new product allows customers to easily swap between fiat currencies and stablecoins.
- The company has also introduced its Stablecoin Swap service, which lets users swap between stablecoins.
China’s Digital Currency to Have “Controllable Anonymity”
- Official from China's central bank said that the country is not trying to gain "full control of the information of the general public".
- He further said that the country's digital currency is developed with the aim of complementing the paper yuan.
Homeland Security Assigns Mavennet to Track Canadian Oil Exports to the U.S.
- Mavennet will have to modify their current oil tracking platform so it can be used by Customs and Border Protection.
- SVIP Technical Director, Anil John, backed up the interest of CBP towards tracking the origin of imported oil.
HCM Capital: We Could See China’s Digital Currency in 2-3 Months
- China has developed a hybrid system, which will allow its CBDC to work on already-established payment and banking infrastructures.
- China's effort to develop a CBDC has been putting pressure on other countries to develop their own versions.
Russian Authorities Upbeat to Legalize Cryptocurrency Confiscation
- The laws that will allow confiscation of digital assets should come into action in 2021.
- The regulation is still vague as cryptocurrencies are not the easiest to confiscate due to their decentralized and anonymous nature.
Brave Releases 1.0 Version of Their Innovative Browser
- The need for private internet experience and the growing problem of data privacy has inspired the creation of the browser.
- Brave’s browser loads much faster than its main competitors, uses less memory and data.
Singapore’s Central Bank and J.P. Morgan Unveil Payments System
- The new prototype platform was developed to enable payments denominated in different currencies.
- Over 40 financial and non-financial companies have been tasked with the job of ascertaining the commercial viability and the network’s potential benefits.
Coca-Cola to Use Blockchain for Supply Chain Management
- Coca-Cola's blockchain pilot will be expanded from 2 to 70 of the manufacturers that bottle and ship nearly 160,000 bottles daily.
- The blockchain solution was developed by German software firm SAP, and aims to improve distribution for all participants in the network.
Read More
NEWS
Brave Releases 1.0 Version of Their Innovative Browser
- The need for private internet experience and the growing problem of data privacy has inspired the creation of the browser.
- Brave’s browser loads much faster than its main competitors, uses less memory and data.
Singapore’s Central Bank and J.P. Morgan Unveil Payments System
- The new prototype platform was developed to enable payments denominated in different currencies.
- Over 40 financial and non-financial companies have been tasked with the job of ascertaining the commercial viability and the network’s potential benefits.
Coca-Cola to Use Blockchain for Supply Chain Management
- Coca-Cola's blockchain pilot will be expanded from 2 to 70 of the manufacturers that bottle and ship nearly 160,000 bottles daily.
- The blockchain solution was developed by German software firm SAP, and aims to improve distribution for all participants in the network.
Coinbase’s Visa Card Now Supports 5 More Cryptos in More E.U. Countries
- The Coinbase Visa Card now supports XRP, BAT, REP, ZRX and XLM.
- The card enables the exchange's customers to make purchases, anywhere Visa is accepted, with digital currencies through their Coinbase accounts.
Bakkt Launches Custody Services for Institutional Clients
- After receiving the green light from the N.Y. Department of Financial Services, Bakkt opened its custody services to its entire client base.
- Pantera Capital, Galaxy Digital, and Tagomi have already decided to use the Bakkt Warehouse as their digital asset custodian.
Coinbase Will Reward Users Staking Tezos
- The San Francisco-based exchange will now reward users that decide to deposit their XTZ tokens on the platform with a 5% annual interest.
- The initial holding period of the tokens is 35-40 days, after which customers will receive rewards every 3 days.
6-Figure Influential Bitcoin Trader Forecasts a Continued BTC Price Slump
- Zoran Kole, a highly respected crypto trader, states that the bottom of the pit is yet to be seen.
- The effects of Bakkt's launch on the digital assets market are yet to match the hype that was mounting during the project's development.
Researchers Describe Bitcoin Attack That Could Halt Lightning Payments
- According to the paper by Schmid, Tochner and Zohar, a DoS attack might be carried out easily once the network is used heavily.
- Of course, this attack is still conceptual and by the time it is achievable there should be a way to stop it.
Can the Next Bitcoin Halving Push Small-Scale Miners Out of Business?
- The uptrends during the previous two halvings do not guarantee that the same thing will happen again.
- After rewards get reduced, the popular mining machines of today would not be able to turn a profit for their operators.
Testnet Split Caused by Ethereum’s Istanbul Early Arrival
- The update came in 2 days earlier, causing a split of the Ropsten testnet.
- There shouldn't be any problems when the update is activated on the main Ethereum network, Hudson Jameson, community manager of the Ethereum Foundation, explained.
Ethereum Foundation’s Director Will Now Help Businesses Use Public Blockchain
- Aya Miyaguchi made a statement where she noted that EEA wants to impact the industry.
- Joseph Lubin commented on the attention by businesses to the Ethereum network.
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.
Bank of America Discretely Pilots Ripple Service
- A presentation that was led by Ripple upper management clearly shows Bank of America’s involvement.
- While Bank of America’s management were skeptical back in the day, it now seems that they are preparing to enter the DLT industry.
Ripple’s Xpring Acquires Logos Network to Build XRP DeFi Products
- Ripple is continuing to work on expanding the ecosystem around XRP.
- The acquisition is focused on the mutual development of decentralized financial products.
Ripple Appoints Legal Expert Who Previously Led the Token Taxonomy Act
- Ripple aims to enhance their position and approach towards U.S. legislators.
- Michelle Bond, Ripple's Global Head of Government Relations, welcomed Hammond via her LinkedIn profile.
Rewards for Miners Have Been Halved on Litecoin’s Network
- Today the Litecoin network reached block height of 1,680,000, which reduced its miners block rewards by a half, from 25 LTC per block to 12.5 LTC.
- Even though the increased scarcity could push the price of the token up, it could also have an effect on the interest of Litecoin mining.
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.
Bitcoin.com Announces A New Fiat Gateway and a Leadership Change
- Stefan Rust will replace Roger Ver as CEO of Bitcoin.com, while Ver will serve as an executive chairman.
- Bitcoin.com's new exchange will use Bitcoin Cash as a base currency and will serve as a fiat gateway.
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.
Paxos Expands its Gold-Backed Token’s Ecosystem
- The new partnership with Alpha Bullion allows PAXG token holders to redeem in small sizes of gold.
- The gold-backed token is now available for trade against the USD, EUR, BTC and ETH on the Kraken exchange.
Draft Bill Claims Stablecoins Are Securities
- The "Stablecoins are Securities Act of 2019" aims to put all stablecoins under the regulatory supervision of the SEC.
- Facebook's Libra seems to be at the core of this new bill as fears of its imminent launch in 2020 grip policymakers.
Fractional-Reserve Stablecoin to be Released by Former Fed Nominee
- Stephen Moore plans to release a stablecoin, Frax (FRX), with its value fixed to the dollar, but not backed 1:1 by it.
- The "algorithmic, fractional-reserve stablecoin" will use on-chain lending to create interest cash flow, which will maintain the price of FRX.
Stellar Burns $4.7 Billion Worth of XLM
- Out of the 105 billion XLM tokens that were in existence, the Stellar Development Foundation decided to destroy 55 billion of its own tokens.
- The tokens came mainly from the organization's giveaway and partnership programs, which have now been ended.
Stellar to Airdrop 2 Billion XLM
- Stellar Development Foundation CEO explained that Keybase is an important part of their adoption strategy and advocate their vision.
- All the big messaging apps and Keybase competitors are soon to enter the cryptocurrency game but with a different approach.
Telegram to Release its Token by October
- The first batch of the Gram cryptocurrency is expected by October of this year.
- The code needed to run a TON node is to become publicly available on 1 September.
Tron Founder Admits Investing in Poloniex
- Despite previously refuting the rumors, Justin Sun has admitted to being part of the investment group which acquired Poloniex.
- Sun said that the cryptocurrency exchange will operate independently from his firm, the Tron Foundation.
Core Scientific Announces New Premier Blockchain Hosting Center
- 30MW of client blockchain servers have already been deployed to the new site.
- With this investment in Core’s infrastructure, their customers will be fully able to use the maximum of their own servers.
Agricultural Tech Firm and Logistics Veteran Join Forces to Assure Food Security
- Demand for transparent tracking and verification of sources of food is growing.
- UPS and HerdX successfully tracked and verified a beef shipment from Kansas to Japan.
Telegram Asks Court to Dismiss SEC Lawsuit in New Filing
- In the filing the messaging app firm has refuted all allegations made by the SEC that its token is a security.
- The firm further accused the U.S. regulator of engaging in "improper ‘regulation by enforcement’ in this nascent area of the law".
CFTC and SEC File Charges Against Swiss Securities Dealer
- XBT Corp., which operates under the name First Global Credit, allegedly sold unregistered security-based swaps for bitcoins.
- The company will have to pay the SEC more than $130,000 in fees and disgorgement, while the CFTC has charged it an additional $100,000.
QuadrigaCX Founder’s Widow to Hand Over $9 Million in Assets
- After handing over most of her assets and all of the estate's assets, Jennifer Robertson will be left with $162,700 in personal assets.
- She personally suggested the settlement after EY Canada released their fifth report, which revealed that her husband commingled client and corporate funds.
China’s Digital Currency to Have “Controllable Anonymity”
- Official from China's central bank said that the country is not trying to gain "full control of the information of the general public".
- He further said that the country's digital currency is developed with the aim of complementing the paper yuan.
Homeland Security Assigns Mavennet to Track Canadian Oil Exports to the U.S.
- Mavennet will have to modify their current oil tracking platform so it can be used by Customs and Border Protection.
- SVIP Technical Director, Anil John, backed up the interest of CBP towards tracking the origin of imported oil.
HCM Capital: We Could See China’s Digital Currency in 2-3 Months
- China has developed a hybrid system, which will allow its CBDC to work on already-established payment and banking infrastructures.
- China's effort to develop a CBDC has been putting pressure on other countries to develop their own versions.
U.N. Alleges North Korea Laundered Cryptocurrency to Evade Sanctions
- The discovery was made when the U.N. conducted an investigation into the ways North Korea evades sanctions.
- The scheme used over 5,000 transactions in multiple countries to make the laundering "difficult to track".
Crypto Capital Executive Indicted in NY Court
- Oz Yosef has been indicted for conspiracy to commit bank fraud, bank fraud, and conspiracy to operate an unlicensed money transmitting business.
- The company's president, Ivan Manuel Molina Lee, has also been extradited to Poland on money laundering charges and suspicion of being part of an international drug cartel.
Fake Tor Browser Has Been Stealing Bitcoin For Years
- The hackers used two websites to promote an "official Russian language version of the Tor Browser".
- Even though the compromised version of the Tor Browser has been on the market for years, it has reportedly stolen only around 4.8 BTC.
INDUSTRY
Study: 56% of the World’s Best 50 Universities Have Crypto Classes
- More and more students are interested in blockchain and crypto courses.
- Blockchain club members want to shape the field and become leaders while the industry is still in its early stage.
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.
£500 Million in Real Estate to be Tokenized by tZERO and the Tezos Foundation
- tZERO will tokenize the assets, while the Tezos protocol will serve as the base infrastructure to "deploy, transfer and store the digital assets and smart contracts".
- The first security tokens will represent £20 million in equity of a waterfront development.
SE Digital Becomes Thailand’s First Regulated ICO Portal
- The new ICO Portal Operator is already planning the launch of its first token offering, with a targeted transaction size of $98 million.
- Another company, ERX, has also filed for a Digital Assets Exchange License, looking to provide a secondary market for tokens issued through SE Digital.
BitPAC Launches Politicoin ICO to Support U.S. House Candidate
- There will be no value associated with the token as it will be only for utility, but it will provide its holders with some sort of voting rights further down the line.
- For now, BitPAC will be supporting only one candidate, Dan Bishop, a North Carolina State Senator.
Binance Announces Its Eight Launchpad Project
- Binance returns to high-throughput, quick-finality blockchains by hosting an IEO for Perlin's Wavelet blockchain. Lottery rules have been updated.
- The project is backed by the Singapore Government, the Indian Government and Bitmain among others.
Despite Community Pessimism, WINk Starts Trading at Eight Times Its IEO Price
- For the first time in months, the ratio of winning lottery tickets has improved for participants.
- The token stabilised at around 3.5 times its IEO price, proving pessimists wrong.
Binance Announces an IEO for a Gaming Platform Token
- WINk is a rebrand of the most popular Dapp on the Tron network - TRONbet.
- The IEO will value the token relatively high but expectations are that investor interest will still be high.
Bitmain Files for U.S. IPO Backed by Deutsche Bank
- In order to increase its chances of a U.S. listing, the company hired a former Nasdaq representative.
- Although it is not known how much the firm is looking to raise through the offering, previous reports place that number around $400 million.
MERJ is the First National Stock Exchange to Launch a Tokenized IPO
- The sale of the tokenized shares will begin today, 10 September, at 09:00 U.K. time.
- The exchange is trying to raise $4 million through this sell, and will be issuing 1,652,893 new shares, with a price of $2.42 per share.
In advance of Bitmain’s U.S. IPO, Financial Results Get Revealed
- Reliable sources give very specific information on Bitmain’s financial situation.
- A huge order for 7nm wafers from TSMC should result in a huge revenue boost.
Korea’s Government Will Continue Supporting Blockchain Projects in 2020
- During a meeting, the Korea Internet Security Agency said it will continue supporting blockchain-based projects in 2020.
- The agency has allocated $9 million to support around 10 projects, with the maximum cap for funding being $1.2 million per project.
$17.1 Million Raised for Skale Network’s Mainnet Launch
- The Ethereum-compatible blockchain scalability platform now has over 40 investors from the U.S., European Union, Japan, Korea, Hong Kong and Singapore.
- The newly raised funds will be used to expand the 20-man engineering team, improve security, and stabilize the network.
Israeli Startup Secures $4M for Offline Crypto Wallet with Online Connectivity
- The $4 million funding round was led by the Co-Founder of Checkpoint, Marius Nacht, and Discount Capital.
- The new cold wallet uses "unidirectional connection" to link it to a blockchain, where it will have "hot wallet functionalities".
Private Jets Leasor Plans to Raise $10 Million for Crypto Charter Flights
- Payments will be made in Jet Token's Ethereum ERC-20 token to allow for flexibility and quicker bookings.
- How these ERC-20 tokens will be issued is still unclear, though clients will be able to purchase them with cash or Bitcoin.
Biometric Cybersecurity Startup Keyless Attracts Notable Investors
- Keyless managed to raise $2.2 million from a seed funding round.
- Ripple Xpring's Senior VP describes that they saw potential in the cybersecurity company's product and decided to bet on it.
PeerNova Raises $31 Million with the Help of Overstock’s VC Arm
- With the completion of its Series B funding round, PeerNova's total fundraising has reached $74 million.
- The company first started off as a bitcoin mining venture, but has since focused on enterprise blockchain software.
Can China’s Blockchain Push Unleash the End-of-Year Bulls?
- China publicly announcing their support for blockchain innovation seems to have given the bulls a reason to charge again.
- Total crypto market cap has jumped by more than $40 billion in a matter of hours, with Bitcoin closing in on $10,000.
Why the Libra Exodus Might be Good for the Project
- With organizations withdrawing in droves, thoughts of Libra's downfall naturally come to mind.
- However, with the seeming invulnerability of the project now shattered, policymakers might take a more objective approach towards the venture.
Can Cryptocurrency Replace Central Banks?
- The topic of a central bank digital currency (CBDC) is slowly becoming one of the hottest financial debates.
- Cryptocurrency often comes up as a potential solution for CBDC, some even arguing that it will eventually replace central banks as a whole.
TECHNOLOGY
Proof of Work Explained in Simple Terms
- Proof of work is the consensus mechanism used by Bitcoin and other popular cryptocurrencies such as Ethereum.
- We explain exactly how it works with simple examples anyone can understand.
How to Verify Smart Contracts on Etherscan
- Etherscan provides a neat tool, allowing you to verify your smart contracts and prove to your customers that there isn't anything malicious going on.
- We go over the entire process of verification, covering all intricacies, step by step.
How to Deploy Smart Contracts via MEW
- Learn how you can easily deploy a smart contract using MyEtherWallet.
- We go through the entire process, step by step, and we explain all intricacies.
Brave Releases 1.0 Version of Their Innovative Browser
- The need for private internet experience and the growing problem of data privacy has inspired the creation of the browser.
- Brave’s browser loads much faster than its main competitors, uses less memory and data.
Walmart Interested in Blockchain-Based Drone Communication System
- Walmart has once again shown its interest in blockchain technology.
- The retail giant has also been involved in cryptocurrency, as shown by another patent application for a U.S. dollar-backed digital currency.
Web 3.0 and not Bitcoin will Bring a Revolution, According to Mike Novogratz
- Michael Novogratz is a former Wall Street executive, a notable bitcoin bull and his opinion is always interesting to the public.
- His logic shows that since BTC represents a somewhat “digital gold”, it is “not going to change the world”. He continued that he sees the introduction of Web 3.0 as an innovation that could actually change the world.
Hyperchain’s Creator to Put China’s Power Grid on the Blockchain
- Qulian Technology will partner up with China's State Grid Corporation to develop IoT-enabled blockchain.
- The company secured a $234 million Series B funding round back in June, 2018.
Telegram’s TON Blockchain on Track for Late October Launch
- Investors in the ICO need to provide Telegram with their public keys so they can receive their Gram (GRM) tokens.
- The TON blockchain is geared to support Ethereum DApps out-of-the-box.
Hedera Hashgraph’s Mainnet Open Beta Now Live
- Investors who participated in the crowdsale, through which the company gathered $124 million, are set to receive more than 379 million HBAR tokens.
- 14 cryptocurrency exchanges and over-the-counter desks have already stated their intent to list the HBAR token around the launch of the platform's mainnet.
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.
Crypto Mining Equipment Seized at Ukrainian Nuclear Power Plant
- Several power plant workers were arrested after their crypto mining equipment was discovered by law enforcement agencies at the Yuzhnoukrainsk nuclear power plant.
- Six Radeon RX 470 GPU video cards, a motherboard, cooling units, hard drive, and other electronics were confiscated.
Mining The New Way: Ultra Rewards Without Hijacking Terminals with MintMine
- Few people believed a single Bitcoin would ever be worth thousands of dollars, but there were some who saw the potential of mining it.
- MintMine's team claims to have come up with an elegant solution to the mining electricity problem, paying for ot 1 year up front.
Bitmain’s Antminer T17 Is Now Available For Purchase
- Priced at $1,270, the machine can mine SHA256-based cryptocurrencies at 40TH/second.
- In addition, it adopts a new dual tube heat dissipation structure, which the company claims will reduce the space between the air inlet and the air outlet by 50%. Improving heat dissipation is important in the long run, as it can offer a considerable reduction in maintenance costs.
Singapore’s Central Bank and J.P. Morgan Unveil Payments System
- The new prototype platform was developed to enable payments denominated in different currencies.
- Over 40 financial and non-financial companies have been tasked with the job of ascertaining the commercial viability and the network’s potential benefits.
Bank of Korea Director: No Need for CBDCs in Developed Countries
- The payment system in Korea is very developed, safe and sending money is not that expensive.
- Still, the Bank of Korea will continue to monitor the development of CBDCs amid their concern that such currencies may destabilize commercial banks.
Swiss Central Bank to Research CBDCs
- The Swiss National Bank will work together with the SIX Digital Exchange to explore how CBDC's can be integrated into a DLT platform.
- DLT-based tokenized assets and CBDC's could stimulate new financial innovations, as well as reduce counterparty risk.
Is Pro Gamers Earning Cryptocurrency the Gaming Industry’s New Golden Goose?
- The gaming-cryptocurrency connection is being solidified, but there is a lot of room for improvement.
- Not all cryptocurrencies are accepted in games that allow in-game purchases with crypto.
Top Central Bank Official: Chinese Commercial Banks Should Adopt Blockchain
- Li Wei echoed the Chinese presidential speech, calling for adoption of blockchain technology in digital finance.
- During his speech, he focused on how blockchain could be a solution to China's current banking problems.
China Calls For Accelerated Blockchain Adoption
- Speaking at a Politburo Committee session, the Chinese President said that blockchain technology is key to promoting technological innovation.
- He also stated that a platform needs to be created to help with blockchain adoption in areas such as education, employment, and food safety.