Lenovo applies for a blockchain verification patent

On 15 February, the U.S. Patent and Trademark Office (USPTO) published an official application by the Chineese technology company Lenovo. The new patent describes a new verification and validation system using the blockchain technology. The filled patent shows the usage of a "security blockchain" to verify the validity of physical documents...

Bittrex exchange plans to add Cardano (ADA) and Zcash (ZEC) USD trading pairs

The popular cryptocurrency exchange just announced that it will launch two new dollar trading pairs on September 5, 2018, Cardano (ADA) and Zcash (ZEC) respectively. This comes less than a month after they added Ethereum Classic and Ripple. The two new trading pairs will be added to the existing list currently...

World’s first digital currency ‘cold storage’ to launch in Dubai

Regal RA DMCC, one of the biggest gold investment and trading firms in Dubai, will be the first company in the Middle East to get its license to trade cryptocurrencies. The company stated that it will also launch the world's first 'cold storage' vault which will allow investors to...
Starbucks will not accept Bitcoin

No coffee for Bitcoin, Starbucks says

On August 3, Starbucks, Microsoft, and Intercontinental Exchange announced a new cryptocurrency venture known as Bakkt. Bakkt is a global ecosystem for digital assets designed to allow individuals, as well as institutions to buy, sell, and spend digital assets on a unified network. Nevertheless, the media was quick to jump...

Ubisoft becomes founding member of the Blockchain Game Alliance

Ubisoft, the French gaming giant is showing highly involved in harnessing the power of the blockchain as the public interest for console video games is fading. As proof of their intentions, Ubisoft became a founding member of the Blockchain Game Alliance as reported by U.K. publication MCV. Members will work...

Binance to launch its own blockchain soon

Binance CEO, Changpeng Zhao recently revealed that the cryptocurrency exchange will launch its own public blockchain in "a couple of months or so". Zhao made the announcement during the Forbes Asia Forum: Decrypting Blockchain and it seems like the company's public blockchain is called...

Bittrex crypto exchange adds Ethereum Classic and Ripple (XRP) trading pairs

Yesterday, Bittrex crypto exchange and wallet service officially announced their plans to launch U.S. dollar trading pairs for two new cryptocurrencies. According to the announcement, the exchange will launch U.S. dollar markets for Ethereum Classic (ETC) and Ripple (XRP). The two new trading pairs will be added to the existing...

IRS is coming after your Bitcoin transactions

In 2 months, US residents must submit their annual federal tax returns and that includes every penny made from Bitcoin or any altcoin transactions. The IRS already has an estimated 14,000 records of people who transacted cryptocurrency on the popular exchange Coinbase from 2013 to 2015 and it intends...

Visa integrates open source hyperledger tech for B2B blockchain payments

Visa B2B Connect, the enterprise blockchain platform of the payment company is preparing to integrate IBM's open-source blockchain code, called the Hyperledger Fabric framework. Visa's blockchain service for enterprise payments is scheduled for commercial launch in Q1 2019. Almost two years ago, Visa made the first official announcement of the...

G20 countries commit to regulating cryptocurrencies according to FATF standards

All G20 countries have signed a joint declaration in Buenos Aires in which they promise to adhere to the Financial Action Task Force (FATF) standards for regulating and combating the use of cryptocurrencies for financing terrorism and money laundering. According to a Saudi Gazette...

Hackers make $100k per month with fraudulent Monero mining

There might be a downward trend in "cryptojacking" but it seems revenue gains from using illegal mining software is on the rise. Digital Trends reports the RWTH University in Aachen Germany describes in detail how the browser-based miner Coinhive is used to produce more than $250,000 in Monero (XMR)...

CryptoTaxMap.org launched, shows cryptocurrency taxation worldwide

Cryptocurrency's recent increase in popularity has also placed it on the radar of worldwide governments when it comes to paying taxes. It's true, we're far from having stable crypto regulations but the effort of refining them is only growing. CryptoTaxMap.org is a new interactive map that aims to remove them...

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