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...

Bitbox crypto exchange soon to list Gemini Dollar (GUSD)

The Gemini Dollar (GUSD) will soon be listed on Bitbox, an encrypted crypto exchange platform, according to an official announcement form Gemini, a digital asset exchange. Gemini launched GUSD on September 10th, and the new currency is the world's first regulated stablecoin that finally makes US dollars available on the blockchain. One...

IBM and Seagate working on blockchain-based system to fight counterfeit hard drives

IBM and Seagate have officially announced a new collaboration aimed toward fighting counterfeit hard drives using blockchain technology. IBM's Blockchain Platform will be used to offer a superior solution for authenticating the provenance of hard disk drives to manufacturers, integrators, and business partners. The project will update the IBM Blockchain Platform...

Crypto advocate Ron Paul criticizes US Fed, says cryptocurrencies should be tax free

Ron Paul is an Austrian School economist and a well-known Libertarian who worked as a US Representative for over a decade. He is recognized as a long-time crypto advocate and is now supporting a tax exemption on cryptocurrencies. The former US Representative noted that unlike private or decentralized currencies, issuing...

IBM Thailand advertises blockchain and AI, plans to create local sales hub

According to a report from The Bangkok Post, IBM's Thai branch will promote blockchain and artificial intelligence with the goal of making Thailand a regional sales hub. The tech giant will collaborate with Bank of Thailand to promote the blockchain. According to a recent survey conducted by IDC-IBM, it seems...

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...

Bank of America wins crypto storage patent for enterprise accounts

The Bank of America has won a patent that allows enterprises to store their customers' cryptocurrencies. The U.S. Patent and Trademark Office has published the patent yesterday, November 13. The patent describes the background of the system highlighting that cryptocurrency transactions are becoming more common as technology evolves. An increasing number...

Google launches Ethereum Blockchain analysis plugin

Google might not have dived into ICO and crypto finance but they are certainly willing to benefit from the power of blockchain networks. The Mountainview-based tech giant has officially announced a new plugin designed to analyze and explore the Ethereum blockchain. A few months ago, Google added Bitcoin support to...

Singapore government develops blockchain based security token system

The Monetary Authority of Singapore (MAS) in collaboration with the Singapore Exchange (SGX) has been developing an automated Delivery versus Payment (DvP) platform. The platform aims to allow the settlement of tokenized securities across various blockchain platforms. The announcement was made over the weekend during which the MAS and SGX...

BlackRock won’t launch Bitcoin ETF until cryptos become ‘legitimate’

BlackRock CEO Lary Fink stated that while his company still considers trading crypto assets at some point that time is not now as the industry still needs to mature. https://twitter.com/CNBC/status/1058033750142078976 BlackRock is the largest asset management firm in the world with almost $6.5 trillion in assets. In an interview with CNBC,...

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...

Ethereum’s upcoming blockchain upgrade may be delayed after testing failure

An initial test of Constantinople, Ethereum's next software upgrade didn't work as planned and ether's development ecosystem now has to face the consequences. The system-wide upgrade was originally scheduled to roll out in 2018. According to a CoinDesk report, the upgrade may be delayed after failing to activate properly during...

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