Archived Posts

With Bitcoin becoming more mainstream, using it as a way to buy real estate is starting to become a trend in different parts of the world. Bitcoin has already been used to buy homes in a number of places including Dubai and the United States. There are many real estate properties being listed for Bitcoin   Read more...

A representative of the Germany’s Federal Financial Supervisory Authority (BaFin), one of the largest financial regulators in Europe, met with the executives of the National Bank of Georgia (NBG) and other members of the finance sector to discuss about cryptocurrency industry and regulation. According to NBG, BaFin’s representative met with executives of NBG, international financial   Read more...

Frequent air travelers will regularly have stories to tell about the inadvertent delays in the check-in process. However, this may soon turn out to be a thing of past, with the advent of blockchain technology, which is permeating across all business sectors. Irra Ariella Khi and Aleksandr Gorelik, co-founders of VChain, have designed a system   Read more...

Dutch researcher Alex de Vries recently published a study titled “Bitcoin’s Growing Energy Problem” where he concluded that the Bitcoin network consumes as much electricity as the entire nation of Ireland. He estimates that the network uses 2.55 gigawatts of electricity and predicts that in the future this amount may reach 7.67 gigawatts. That is   Read more...

Carbon credits startup Veridium Labs Ltd., has partnered with IBM to issue “verde” tokens on Stellar (XLM), a public blockchain network. The cryptocurrency offers the enterprises that pollute the environment a way to mitigate the damage by supporting a patch of Indonesian rainforest. Even though carbon credits are in existence for a long time, the   Read more...

VeChain (VEN), a blockchain-based platform that is created to improvise product management in the supply chain, has published its updated white paper and roadmap. At the end of February, VeChain re-branded to VeChain Thor (VET). Last week, VeChain commenced the public alpha test of its mainnet, which is scheduled to be released in June. Furthermore,   Read more...

LG is venturing into blockchain technology with the proposed launch of ‘Monachain’, a blockchain project, which aims to facilitate digital supply management, digital certification, and digital community currency. The company’s subsidiary LG CNS will build the blockchain, according to the official press release. Monachain is intended to serve multiple sectors, including manufacturing, public, communications, and   Read more...

A German teenager (19 yrs) named Marius Gill has developed a multifunctional wallet DApp suitable for storing Tron (TRX) tokens. The wallet, which runs on Tron protocol, facilitates storing TRX tokens in hot, cold and watch only format. The wallet can be downloaded from Google Play. Tron Foundation has extended a loan of $100,000 to   Read more...

The Wall Street Journal has identified an alarming number of ICO scams in its investigation, which was backed by the US SEC through a press release. The report concluded that as many as 18.6% of 1500 initial coin offerings, which tapped market in May 2017, raised “red flags”. Cryptocurrency ICOs are often blamed for using   Read more...

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