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...

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...

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...

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...
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...

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...

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)...

Coinbase double-charging problem returns

Coinbase had some issues back in 2015 when customers found out they were suddenly double charged for each Bitcoin purchasing order. The company stated that all its affected customers will be reimbursed but in reality, Coinbase decided to process the duplicate order and credit the users with Bitcoins. The...

Telegram raises over $850 million in its token pre-sale

Telegram, the popular messaging app, said in a recent statement that their ICO token pre-sale raised over $850 million, making it the biggest funded ICO in the history of cryptocurrency. By comparison, Tezos raised $230 million in 2016, followed by Filecoin which raised around $200 million. Telegram announced their ICO...

Coinbase is gaining 50,000 users a day even during bear market

Over the past few months, the cryptocurrency market hasn't been doing so well but despite that we have solid proof adoption rates remain steady. Brian Armstrong, the CEO of Coinbase recently provided information that shows the cryptocurrency market continues to grow. The secure platform has been one of the leaders of...

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...

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