Blockchain-Based vSIM Patent Awarded to Verizon
- The telecommunications giant could soon replace traditional physical SIM cards with a software version, secured with blockchain-based encryption.
- The vSIM could be used from multiple devices associated with the user's account,and even be temporarily assigned to other users.
CME Group to Launch Bitcoin Options in Q1 2020
- The Chicago-based exchange is aiming to provide its clients with "additional tools for precision hedging and trading" with its new Bitcoin options.
- Since the launch of its Bitcoin futures in 2017, the exchange has seen 20 successful futures expiration settlements and more than 3,300 individual accounts trading the contracts.
SEC to Talk Crypto at U.S. Congress Hearing
- The Committee on Financial Services will be holding a hearing, called "Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat", on 24 September.
- It will cover topics such as the SEC's actions in regards to public company disclosures, enforcement, fiduciary responsibilities, and the cryptocurrency space.
Coinbase Considering Listing GRAM and 16 Other Cryptocurrencies
- Some of the proposed cryptocurrencies are yet to go live, such GRAM, which is expected to be distributed in the next two months.
- Last month Coinbase announced 8 cryptocurrencies for consideration, but only two (Algorand and Dash) were added to its Pro platform so far.
SEC Chairman: BTC Needs Better Regulation to be Taken Seriously
- Speaking at the CNBC's Delivering Alpha conference, Jay Clayton remarked that the crypto market needs to build strong investor protections.
- He also added that Bitcoin and other cryptocurrencies do not go through the same price discovery practices as products on major exchanges.
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".
Token Sale Platform ICOBox Charged for Illegal Securities Offering
- ICOBox,and its Founder Nikolay Evdokimov were able to raise around $14 million through the sell of their "ICOS" token in 2017.
- The company also acted as an unregistered broker, by facilitating the sale of tokens from "dozens of clients", which were able to raise another $650 million.
Messaging Giant Line Launches Crypto Exchange in Japan
- Two weeks after receiving a cryptocurrency exchange license in Japan, Line launched Bitmax for its 81 million Japan-based users.
- The exchange will be available to Japanese persons with a Line account, and will not charge trading fees, only a 108 yen charge for deposits and withdrawals.
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.
- 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.
Editor's Picks
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.
Harbor Unlocks Liquidity for $100 Million, Partnering with iCap Equity
- The new mechanism will make trading with these securities far easier for all 1,100 investors and and the 17 broker-dealers and placement agents.
- When such securities are bought they require a one-year lockup per law and this partnership addresses just that.
VanEck, SolidX Bitcoin ETF Proposal Withdrawn From SEC Review
- This is the second time the companies have withdrawn the ETF proposal, this time a month before the SEC's deadline.
- Weeks before, the two companies began offering limited Bitcoin ETFs to qualified institutional buyers under Rule 144A exemption.
Facebook Strengthens its Libra Lobbyist Team, Washington Influence
- Lobbying disclosures filed last week have revealed that Facebook has hired two more lobbyists to help Libra.
- The two lobbyists in question are William Hollier and Michael Williams.
Opinion: 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.
U.S. Regulators Still Worried About Libra After Switzerland Visit
- Rep. Maxine Waters has said that her meeting with multiple regulatory agencies and lawmakers did not alleviate her concerns.
- The House Financial Services Committee planned schedule for fall 2019 includes a pledge to continue the review of Libra and the wallet service Calibra.
Bank of America Tries to Patent Multi-Tiered Cryptocurrency Wallet
- The wallet will be configured to work in a decentralized peer-to-peer network.
- The current cryptocurrency wallet system has a number of security issues, such as mismanagement or potential theft of private keys.
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.
New Jersey’s Blockchain Initiative Signed by the Governor and Turned Into a Law
- The legislation aims to strengthen the state’s innovation economy, as stated by officials.
- The Task Force will consist of 14 members and will have 180 days to present a study to the governor.
Standard Chartered Completed a Letter of Credit Transaction on the Voltron Blockchain Trade Platform
- Standard Chartered used the Voltron blockchain platform to digitise and simplify the exchange of information between all participants.
- A Letter of Credit transaction usually takes up to 5 days to complete, but using blockchain technology it took less than 12 hours.
Samsung’s Blockchain Keystore Now Offering 17 DApps
- Since its introduction in March, the number of dApps on Samsung's Blockchain Keystore has increased from four to seventeen.
- Even though Samsung was the first to create its own wallet, its competitors LG and Apple have hinted their intentions to follow suit.
In Other News
Santander Digitalized a $20 Million Bond Trade on Ethereum
- Santander could not accomplish this task without the help of London-based company Nivaura.
- Nivaura CEO is proud that they securely used relevant data to tokenize both the assets and cash to enable on-chain settlement.
ConsenSys Founder Joseph Lubin Joins the Governing Board of Hyperledger
- Joseph Lubin, ConsenSys Founder and Ethereum Co-Founder, will also be joining the governing board of Hyperledger.
- The company will also submit its Java-based Ethereum client, previously known as Pantheon, to the consortium as the project Hyperledger Besu.
Coinbase Token on the Way?
- Coinbase's Head of Institutional Sales in Asia said that an IEO platform presents a "really interesting opportunity" for the exchange.
- A Coinbase IEO platform could indicate that the exchange will be issuing its own proprietary exchange token in the near future.
Revealed: Initial Margin Limits for Bakkt’s Bitcoin Futures Contracts
- The margin requirements for daily and monthly futures contracts will be $3,900.
- Even though Bakkt's warehouse has been accepting deposits since 6 September, its Bitcoin futures contracts will be launched on 23 September.
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.
Gemini to Launch its Own Custodial Service
- The new custody solution, Gemini Custody, will enable the exchange's customers to trade assets instantly.
- The Gemini Custody will reportedly be highly secured, and will initially offer support for 18 digital assets, many of which are ERC-20 tokens.
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.
Must Read
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.
Crypto Exchange Binance to Launch an NYDFS Approved Stablecoin
- The Binance USD (BUSD) will be launched in partnership with the Paxos Trust Company.
- When launched, the BUSD will be available for trade on Binance against BTC, BNB and XRP.
Whole Network Introduces Low-Priced Blockchain Phone
- Acute Angle can be bought via Huobi’s native token at approximately half the price of its competitor.
- Whole Network’s phone will use Android and will come with useful built-in blockchain functionality.
NSA Working on Quantum-Resistant Crypto
- The director of the NSA’s Cybersecurity Directorate, Anne Neuberger, made the comment at the 10th Annual Billington Cyber Security Summit in Washington D.C.
- In her speech, Neuberger singled out North Korea as "creative" in the cybersecurity space, and pointed out their use of cryptocurrency schemes to fund Kim Jong-Un’s regime.
Popular
China Could Release a Digital Currency Before Facebook
- A team from the Bank of China’s Digital Currency Research Lab has been working on the project in a closed-door environment since early summer.
- The development of China's digital currency has been hastened ever since Facebook announced its plans to create its own global cryptocurrency.
Binance Boosts its Derivatives Offerings With a New Acquisition
- Binance has acquired trading platform JEX in order to provide its users with services such as futures contracts, options and other derivative products.
- The already existing JEX tokens will eventually be retrieved and burned in various forms, including trading commission deductions.
Binance Launches Two New Crypto Testing Platforms
- Big prizes of up to $10,000 in BNB await users that get involved in the testing of the new platforms.
- Binance also launched crypto loans and the interest rates are now public.
North Korea Denies Stealing $2 Billion Through Crypto Exchanges & Banks
- North Korea has denied the accusations and has claimed that the U.S. and "other hostile forces" have been spreading "ill-hearted rumors".
- The DPRK statement is in response to a report presented to the U.N., claiming use of hacks with the purpose to raise funds for a WMD program.
European Central Bank Warns Facebook’s Libra has a Deceiving Image
- Yves Mersch warned that the new stablecoin could affect the banks' ability to set monetary policies.
- He also warned that the stablecoin is highly centralized and accountable to shareholders.
Read More
NEWS
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.
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.
Whole Network Introduces Low-Priced Blockchain Phone
- Acute Angle can be bought via Huobi’s native token at approximately half the price of its competitor.
- Whole Network’s phone will use Android and will come with useful built-in blockchain functionality.
CME Group to Launch Bitcoin Options in Q1 2020
- The Chicago-based exchange is aiming to provide its clients with "additional tools for precision hedging and trading" with its new Bitcoin options.
- Since the launch of its Bitcoin futures in 2017, the exchange has seen 20 successful futures expiration settlements and more than 3,300 individual accounts trading the contracts.
Coinbase Considering Listing GRAM and 16 Other Cryptocurrencies
- Some of the proposed cryptocurrencies are yet to go live, such GRAM, which is expected to be distributed in the next two months.
- Last month Coinbase announced 8 cryptocurrencies for consideration, but only two (Algorand and Dash) were added to its Pro platform so far.
Messaging Giant Line Launches Crypto Exchange in Japan
- Two weeks after receiving a cryptocurrency exchange license in Japan, Line launched Bitmax for its 81 million Japan-based users.
- The exchange will be available to Japanese persons with a Line account, and will not charge trading fees, only a 108 yen charge for deposits and withdrawals.
SEC Chairman: BTC Needs Better Regulation to be Taken Seriously
- Speaking at the CNBC's Delivering Alpha conference, Jay Clayton remarked that the crypto market needs to build strong investor protections.
- He also added that Bitcoin and other cryptocurrencies do not go through the same price discovery practices as products on major exchanges.
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.
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.
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.
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.
Ripple Has Sold Over $250 Million in XRP in Q2 of 2019
- Ripple's new quarterly market report has revealed a 48% quarterly increase in XRP sold.
- The report also shows that the company released 3 billion out of its escrow, but reinvested 2.1 billion back in new escrow contracts.
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.
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.
Crypto Exchange Binance to Launch an NYDFS Approved Stablecoin
- The Binance USD (BUSD) will be launched in partnership with the Paxos Trust Company.
- When launched, the BUSD will be available for trade on Binance against BTC, BNB and XRP.
China Could Release a Digital Currency Before Facebook
- A team from the Bank of China’s Digital Currency Research Lab has been working on the project in a closed-door environment since early summer.
- The development of China's digital currency has been hastened ever since Facebook announced its plans to create its own global cryptocurrency.
European Central Bank Warns Facebook’s Libra has a Deceiving Image
- Yves Mersch warned that the new stablecoin could affect the banks' ability to set monetary policies.
- He also warned that the stablecoin is highly centralized and accountable to shareholders.
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.
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.
Harbor Unlocks Liquidity for $100 Million, Partnering with iCap Equity
- The new mechanism will make trading with these securities far easier for all 1,100 investors and and the 17 broker-dealers and placement agents.
- When such securities are bought they require a one-year lockup per law and this partnership addresses just that.
Santander Digitalized a $20 Million Bond Trade on Ethereum
- Santander could not accomplish this task without the help of London-based company Nivaura.
- Nivaura CEO is proud that they securely used relevant data to tokenize both the assets and cash to enable on-chain settlement.
Deutsche Bank Joins J.P. Morgan’s Blockchain Network
- The Interbank Information Network is built on top of the Quorum network and will be using the JPM Coin.
- Deutsche Bank hopes to reduce the cost of processing difficult payments and drive the company towards ubiquity.
Blockchain-Based vSIM Patent Awarded to Verizon
- The telecommunications giant could soon replace traditional physical SIM cards with a software version, secured with blockchain-based encryption.
- The vSIM could be used from multiple devices associated with the user's account,and even be temporarily assigned to other users.
Token Sale Platform ICOBox Charged for Illegal Securities Offering
- ICOBox,and its Founder Nikolay Evdokimov were able to raise around $14 million through the sell of their "ICOS" token in 2017.
- The company also acted as an unregistered broker, by facilitating the sale of tokens from "dozens of clients", which were able to raise another $650 million.
Bank of America Tries to Patent Multi-Tiered Cryptocurrency Wallet
- The wallet will be configured to work in a decentralized peer-to-peer network.
- The current cryptocurrency wallet system has a number of security issues, such as mismanagement or potential theft of private keys.
SEC to Talk Crypto at U.S. Congress Hearing
- The Committee on Financial Services will be holding a hearing, called "Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat", on 24 September.
- It will cover topics such as the SEC's actions in regards to public company disclosures, enforcement, fiduciary responsibilities, and the cryptocurrency space.
VanEck, SolidX Bitcoin ETF Proposal Withdrawn From SEC Review
- This is the second time the companies have withdrawn the ETF proposal, this time a month before the SEC's deadline.
- Weeks before, the two companies began offering limited Bitcoin ETFs to qualified institutional buyers under Rule 144A exemption.
Libra to be Licensed as a Payment System in Switzerland
- FINMA is adamant that the services planned by the Libra project would clearly go beyond those of a pure payment system.
- The requirements that Libra needs to pass would relate in particular to capital allocation, risk concentration and liquidity.
3 Alleged North Korean Hacker Groups Sanctioned By the U.S.
- The Lazarus Group, Bluenoroff and Andariel have alegedly been responsible for hacking five exchanges in Asia between 2017 and 2018.
- As a result of the sanctions, all assets owned by the hacking groups have been blocked, and must be reported to the Office of Foreign Assets Control (OFAC).
North Korea Denies Stealing $2 Billion Through Crypto Exchanges & Banks
- North Korea has denied the accusations and has claimed that the U.S. and "other hostile forces" have been spreading "ill-hearted rumors".
- The DPRK statement is in response to a report presented to the U.N., claiming use of hacks with the purpose to raise funds for a WMD program.
Fortnite Aimbot Cheat is in Fact a Crypto-Stealing Ransomware
- When run, the cheat starts to encrypt the files on the player's hard drive and then deletes them if a ransom in crypto is not paid.
- Researchers have already found two methods that can be used to decrypt affected files, without paying the crypto ransom.
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.
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.
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...
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.
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.
Mining Giant Canaan Confidentially Files for IPO
- IFRAsia reports that "people with knowledge of the matter" have claimed that the company is looking to raise around $200 million through the public offering.
- This is the second time Canaan has applied for an IPO, after its first attempt in Hong Kong failed.
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".
Alan Howard to Launch a $1 Billion Crypto Hedge Fund
- Elwood's target will be to find companies that satisfy its due diligence to dodge blow ups.
- Bin Ren, CEO at Elwood, commented on and advocated their venture.
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.
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: 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.
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.
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.
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 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...
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.
Hedera Hashgraph to Launch Public Mainnet on September 16th
- Hedera’s ledger technology will help enhance distributed file storage and micropayments.
- The distribution of HBAR tokens will continue over the next 15 years.
Aeternity Revealed its Upcoming Network Update
- The upcoming Lima release will include aethernity’s customized virtual machine – the Fast aeternity Transaction Engine (FATE).
- It will also mark the kickoff of all auctions for renting names in the aethernity Naming System (AENS).
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
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...
Standard Chartered Completed a Letter of Credit Transaction on the Voltron Blockchain Trade Platform
- Standard Chartered used the Voltron blockchain platform to digitise and simplify the exchange of information between all participants.
- A Letter of Credit transaction usually takes up to 5 days to complete, but using blockchain technology it took less than 12 hours.
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.
FDA Could Use Blockchain for Medical Reviews and Recalls
- The agency is planning to use AI, APIs, and blockchain tech in order to improve interoperability.
- The improved surveillance of medical products will also assist in "determining when something should be recalled or a product label should be adjusted".
Moscow Looking to Develop a Blockchain-Based System for the City’s Services
- Developers will have 60 days from signing the agreement to develop an Ethereum-based system for the city's services.
- The platform should be able to integrate with Moscow's other blockchain experiments.
Samsung’s Blockchain Keystore Now Supports Bitcoin
- Samsung has quietly added support for Bitcoin and Klaytn to its decentralized application store.
- The Blockchain Keystore is supported on six of Samsungs' series 10 devices, namely S10e, S10, S10+, S10 5G, Note10 and Note10+.