News

News about Bitcoin, ICO, Blockchain Technology, investment, mining

19 october 2018

Baidu Confirmed as TRON’s Newest Partner

After days of suspense and constant speculation, the Tron Foundation and Justin Sun have finally confirmed the partnership reports with Baidu circulating on the web, are actually true. The Tron foundation made the announcement via twitter.

Trading Firm Genesis Loaned $553 Million in Crypto Since March

Genesis Global Trading, one of the largest over-the-counter cryptocurrency dealers, said it has loaned digital assets valued at more than half a billion dollars to institutional borrowers including hedge funds and other financial firms.

Gates Foundation Partners With Former Ripple CTO's Blockchain Project

The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked.

The SEC Is Setting Up a New Division to Talk to ICO Startups

The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings (ICOs) – to navigate the legal implications of their products.

Monero Forks: Bulletproofs Integration Kicks off New Era of Privacy, Speed

Monero (XMR) forked successfully earlier today, and the network has seen no major hiccups so far. This release is unlike the usual ones that try to keep up with deterring ASIC miners. The release, called “Monero 0.13.0 “Beryllium Bullet,” includes a significant overhaul of the network’s protocol through the introduction of bulletproofs.

18 october 2018

Goldman Wades Deeper in Crypto, Betting on BitGo With Billionaire Mike Novogratz

Goldman Sachs Group Inc. and a venture founded by one of its former partners, billionaire Mike Novogratz, are investing in cryptocurrency custodian BitGo Holdings Inc., as the bank’s deep-pocketed clients keep asking about secure ways to hold those assets.

New BitConnect Lawsuit Combines Previous Efforts Against Crypto Scam

Half a dozen lawsuits against the allegedly fraudulent cryptocurrency scheme BitConnect have now been combined into a single legal effort.

Norwegian Man Stabbed to Death After In-Person Bitcoin Sale

A murder in Norway, even if it’s not related to a bitcoin trade that took place before the killing happened, comes as a reminder to be extra careful when buying or selling bitcoin in person.

UK-Based Global Security Firm G4S Announces Crypto Custody Solution

Multinational security company G4S has announced that it has been working on a custody solution for cryptocurrencies.

Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry

Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17.

Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases

Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16.

Norwegian Man Brutally Murdered Following In-Person Bitcoin Trade

A Norwegian man was brutally stabbed to death shortly after completing an in-person cash-for-bitcoin exchange, and investigators believe that the two events may be linked.

World Payments Report 2018: DLT Falls Short of Meeting Financial Market Demands

The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology services firm Capgemini and leading European bank BNP Paribas.

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3

Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period, according to CME Group.

17 october 2018

Rwandan Government to Use Blockchain Tech to Track Conflict Metal Tantalum

Rwanda has partnered with a U.K.-based blockchain startup to trace the mining of the conflict metal tantalum in the country, according to the startup’s press release, published Oct. 16.

Malaysia to Spain: Asian FinTech Completes Ripple Blockchain API Payment

A central-bank approved Malaysian Fintech startup that has specializes in international money transfers has completed its first cross-border transfer on RippleNet, Ripple’s enterprise blockchain platform using an API solution.

Russian Startup to Create Blockchain-Based Copyright Network in Uzbek Capital

A Russian intellectual property startup has signed a memorandum with officials from Uzbek capital Tashkent to integrate blockchain for use in copyright, Russian state news agency TASS reports Tuesday, Oct. 16.

Crypto Exchange Binance Adds Compliance Tools from Chainalysis

Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday.

Qtum Blockchain Becomes Amazon Web Services Partner in China

Amazon Web Services' (AWS) China division is partnering with public blockchain project Qtum.

The Most Expensive Private Lawsuit In Crypto Is Settled

A lawsuit over Augur, a decentralized platform for prediction markets on real-world events, has come to an end as court records show that the case was dismissed on Oct. 12.

Pantera Capital Co-Chief Investment Officer: Next Bull Run Could Cause Crypto Space to ‘10x From Here’

On Tuesday (16 October 2018), Joey Krug, co-founder of Beam and Augur, and co-chief investment officer at Pantera Capital Management, had an interview with Bloomberg TV, during which he said that he expected the next bull run to have a 10x effect on the prices in the crypto space.

The crypto token that wants to save journalism is offering refunds

On October 16, 2018, Civil Media, a company designing a cryptocurrency that would enable readers to vote on whether newsrooms can submit stories to its publishing platform, announced the conclusion of its token sale (aka “initial coin offering” or “ICO”). After a monthlong push, Civil fell far short of its $8 million soft target for the ICO, attracting just $1.4 million from supporters.

Gibraltar licenses first crypto exchange – Coinfloor

UK’s first cryptocurrency exchange, Coinfloor, adds another feather to its cap—it’s become the first crypto exchange to be licensed by Gibraltar’s groundbreaking blockchain legislation.

Major Korean Financial Holding Company Wins Blockchain Patent for Improved Fintech Security

Leading South Korean financial holding company KB Financial Group Inc. has been awarded a patent for a blockchain-based fintech app security solution, South Korean economic news outlets The Digital Times reports Monday, Oct. 15.

16 october 2018

Abu Dhabi, Belgium Ports Collaborate on Blockchain Trade Pilot

A subsidiary of Abu Dhabi Ports has partnered with Belgium's Port of Antwerp for a blockchain pilot aimed to facilitate international trade.

19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone

Nineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid the application fees and are being reviewed. A list of all 27 companies has been published.

Cryptocurrency scam case reaches a dead end in Mumbai

Roughly a year ago, Mumbai police accused the founder of ATC Coin Ltd. of running a cryptocurrency scam. Now the case has gone cold after police remain unable to locate any of the alleged victims.

Dev sends Bitcoin without using the web or the power grid

One day we might all be able to send Bitcoin from literally anywhere in the world, with no electricity and no internet connection.

Bitcoin is nearly ‘mature’ enough to take on Forex markets, finds Poland-based research

Bitcoin’s relatively stabilizing prices are a marker that the currency is gaining global acceptance, edging closer to being a regular market, according to a Poland-based research.

Ethereum Foundation Awards Nearly $3 Million in Startup Grants

The Ethereum Foundation just awarded nearly $3 million in grants to a number of blockchain startups and developers as part of its ongoing grant program.

Former CFTC Chairman Gary Gensler: ICOs Should be Considered Securities

Former chairman of the U.S. Commodity Futures Trading Commission (CFTC), Gary Gensler said that most tokens sold through Initial Coin Offerings (ICOs) should be classified as securities, Bloomberg reported Oct. 15.

Mainstream: $7.2 Trillion Asset Manager Fidelity Will Help Customers Invest in Bitcoin

One of the biggest names in financial services wants to help institutional investors add bitcoin and other cryptocurrency assets to their multi-billion dollar portfolios.