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Thursday, May 31, 2018

CryptoCurrency News: Money Transfer Firms Join Ripple's Payment Network



Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.

via CoinDesk

CryptoCurrency News: $65 Million: Blockchain Assets Platform Paxos Raises Series B Funding



Blockchain startup Paxos has closed a $65 million Series B funding round led by existing investors including Liberty City Ventures and RRE Ventures.

via CoinDesk

CryptoCurrency News: PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot



PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.

via CoinDesk

CryptoCurrency News: IDG Backs Crypto Wallet imToken with $10 Million Investment



China-based crypto wallet startup imToken announced on Thursday that it has closed a $10 million Series A round fully funded by IDG Capital.

via CoinDesk

CryptoCurrency News: Watch Out Crypto Exchanges, Decentralization Is Coming



With regulatory uncertainty looming over the industry, incumbents should not feel too comfortable at the top.

via CoinDesk

CryptoCurrency News: Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3



U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.

via CoinDesk

CryptoCurrency News: Crypto Exchange Huobi Confirms Move Into Brazilian Market



Huobi, a major cryptocurrency exchange originally from China, has told CoinDesk that it's setting up shop in Brazil.

via CoinDesk

CryptoCurrency News: Going Up? Bitcoin Price Sets Sights on New Resistance



Bitcoin's corrective rally is gathering traction and may cross a key resistance hurdle soon, the technical charts indicate.

via CoinDesk

CryptoCurrency News: Stock Trading App Removes Crypto Price Tracking After Debut



A new service for tracking cryptocurrency prices on a popular stock trading app has become unavailable, possibly due to regulatory rumblings.

via CoinDesk

CryptoCurrency News: Disillusioned Token Investors Demand Real Talk About Risk



Investors who are passionate about blockchain technology are growing frustrated with a lack of tangible progress on risk management at token projects.

via CoinDesk

Wednesday, May 30, 2018

CryptoCurrency News: $30 Million Crypto Startup Fund Launched By Mobile Game Maker



A maker of mobile games based in Japan has launched a $30 million investment fund focused on cryptocurrencies and blockchain.

via CoinDesk

CryptoCurrency News: EOS Cryptocurrency Lacks Price Direction Ahead of Launch



EOS' move to its own mainnet is just a couple of days away, yet its native cryptocurrency is looking indecisive on the price charts.

via CoinDesk

CryptoCurrency News: Asus' New Crypto Mining Motherboard Has Space for 20 GPUs



Motherboard maker Asus has debuted a new product aimed specifically at cryptocurrency miners.

via CoinDesk

CryptoCurrency News: Hackers Demand $1 Million in XRP After Bank Data Theft



Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple's XRP to not release the data trove.

via CoinDesk

CryptoCurrency News: Tradeshift Plans Blockchain Push After $250 Million Funding



Supply chain management firm Tradeshift says it will further expand into blockchain following a $250 million Series E round led by Goldman Sachs.

via CoinDesk

CryptoCurrency News: 'Layer 2' Blockchain Tech Is an Even Bigger Deal Than You Think



The rise of solutions like the lightning network suggests crypto can have its cake and eat it too. Transactional scaling may just be the icing.

via CoinDesk

CryptoCurrency News: Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling



South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.

via CoinDesk

CryptoCurrency News: $7,560: Bitcoin Bulls Fight Back, But Too Early to Call Reversal



Bitcoin regained poised on Tuesday, climbing back to over $7,550, but the bulls still have work to do.

via CoinDesk

CryptoCurrency News: Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain



India's telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.

via CoinDesk

CryptoCurrency News: EOS Is Coming, If Anyone Can Figure Out How to Vote



After a roughly year-long initial coin offering (ICO), what has become perhaps the most hotly anticipated blockchain is scheduled to launch on June 2.

via CoinDesk

Tuesday, May 29, 2018

CryptoCurrency News: British FX Firm Currencies Direct Pilots Ripple Tech



Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.

via CoinDesk

CryptoCurrency News: Austrian Regulator Freezes Crypto Mining Firm Amid Investigation



The Austrian Financial Market Authority has suspended the operations of cryptocurrency mining firm INVIA GmbH for offering illegal investments.

via CoinDesk

CryptoCurrency News: Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain



Jason Han, CEO of Kakao's blockchain subsidiary Ground X, tells CoinDesk his thoughts on how crypto could impact big business.

via CoinDesk

CryptoCurrency News: Crypto Payroll Processor Bitwage Launches ICO Advisory Firm



Bitcoin payroll firm Bitwage has launched an advisory company aimed to make it easier for companies to launch token sales.

via CoinDesk

CryptoCurrency News: Korean National Assembly Makes Official Proposal to Lift ICO Ban



South Korea's legislative arm of government is pushing for the removal of the country's ban on domestic initial coin offerings.

via CoinDesk

CryptoCurrency News: EOS Forced to Patch 'Epic' Security Loopholes Ahead of Launch



Blockchain platform EOS says serious vulnerabilities reported by an internet security firm just days before its mainnet launch have been fixed.

via CoinDesk

CryptoCurrency News: German Authorities Sold $14 Million in Seized Cryptos Over Price Fears



Prosecutors in Germany have made an emergency sale of cryptocurrencies seized in two investigations due to concerns over price volatility.

via CoinDesk

CryptoCurrency News: Bitcoin Now Faces Last Major Support Level Before $5K



Bitcoin is down again and looks set to test another key support level at $6,900, the technical charts indicate.

via CoinDesk

CryptoCurrency News: Baidu's 'Wikipedia' Now Logs Revisions on a Blockchain



Chinese search giant Baidu has turned to blockchain technology in order to make its online encyclopedia more traceable and transparent.

via CoinDesk

CryptoCurrency News: Japan Was the Wake-Up Call: Get Ready to Defend Privacy Coins



To advocate for regulatory leniency, we must consider the advantages, not the disadvantages, that privacy coins will provide to the greater community.

via CoinDesk

Monday, May 28, 2018

CryptoCurrency News: Chinese Universities to Build Blockchain DAO for Affordable Education



A group of top-tier Chinese universities plans to build a distributed organization to make educational resources more accessible and affordable.

via CoinDesk

CryptoCurrency News: Blockchain Could 'Revolutionize' Retail and CPG Industries: Deloitte



A Deloitte report suggests the retail and consumer packaged goods sectors could see benefits from blockchain integration across a number of use cases.

via CoinDesk

CryptoCurrency News: Chinese Ride-Hailing App Founder Wants to Build a Blockchain 'Uber'



Chen Weixing, founder of Chinese ride-hailing app Kuaidi Dache, is planning to build a blockchain-based application for ride-sharing.

via CoinDesk

CryptoCurrency News: Bank of Russia Official: Still Too Early to Gauge Blockchain's Potential



A senior official at Russia's central bank has said blockchain technology is immature but may have industrial-scale applications.

via CoinDesk

CryptoCurrency News: Amid Chaos, Our Decentralized Future Is Being Built



Blockchain can upend – not just the business models of recent decades – but a millennia-old societal practice of deep significance to civilization.

via CoinDesk

CryptoCurrency News: China Poised to Form Blockchain Standards Committee This Year



China expects to form its national blockchain standards committee by the end of 2018, according to an IT ministry official.

via CoinDesk

CryptoCurrency News: Bitcoin Bears Still in Charge But Indecision Could Open Doors for Rally



While the odds are still stacked in favor of bitcoin's bears, marketplace exhaustion may have provided a chance for a brief rally.

via CoinDesk

CryptoCurrency News: No Miners? Intel Seeks to Automate DLT Block Verification



A newly released Intel patent application sets out a system for automatically creating and validating blocks on a distributed ledger.

via CoinDesk

CryptoCurrency News: Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt



Chinese crypto media firms are boycotting a blockchain event after the organizer used a Chairman Mao imitator to fire up the audience.

via CoinDesk

CryptoCurrency News: What to Expect When Ethereum Classic Diffuses Its 'Difficulty Bomb'



The upcoming ethereum classic fork will disable a 'difficulty bomb,' committing the network to a proof-of-work consensus algorithm.

via CoinDesk

Sunday, May 27, 2018

CryptoCurrency News: ZombieChain Comes Alive: Can Ethereum Sidechains Save the Dapps?



Loom Network, which came up with the idea of dedicated "dappchains" for scalable decentralized apps, is embracing sharing.

via CoinDesk

CryptoCurrency News: Leadership Shifts to Usher in New Era for Monero Cryptocurrency



New leaders with ambitious business strategies are on the rise within monero, seeking "usability for ordinary people."

via CoinDesk

Saturday, May 26, 2018

CryptoCurrency News: Blockchain Must Adapt to Build Trust in the Internet of Things



While there is tremendous promise for the tech, blockchain must evolve substantially to meet the unique demands of the internet of things.

via CoinDesk

CryptoCurrency News: Startup Behind Zk-Starks Breakthrough to Seek Cryptocurrencies As Customers



Lead scientists behind privacy tech zk-starks have started a business providing the solution to blockchains in exchange for tokens.

via CoinDesk

Friday, May 25, 2018

CryptoCurrency News: BitGo Is Building Its Own Digital Asset Custodian



Blockchain security startup BitGo has decided to build its own asset custodian, and will no longer proceed with its acquisition of Kingdom Trust.

via CoinDesk

CryptoCurrency News: CryptoKitties Charity Auction Raises $15K for Children's Hospital



Bella's Kitty Den, a CryptoKitties marketplace, raised over $15,000 by auctioning donated collectible kitties for the Seattle Children's Hospital.

via CoinDesk

CryptoCurrency News: Just One Crypto Bucked the Market Downtrend This Week



Shadowing the losses in bitcoin, the top-25 cryptocurrencies have all fallen over the last seven days – all bar one, that is.

via CoinDesk

CryptoCurrency News: Chinese Blockchain Complex Offers Startups Millions in Subsidies



A new blockchain industrial park in China aims to attract talented individuals and startups by offering millions of dollars-worth of subsidies.

via CoinDesk

CryptoCurrency News: Porn Star Stormy Daniels Adds Crypto Rewards to Official Website



Adult actress Stormy Daniels has partnered with Vice Industry Token to add cryptocurrency incentives for website users.

via CoinDesk

CryptoCurrency News: Bangkok Bank Joins R3's Trade Finance Blockchain Initiative



Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.

via CoinDesk

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