Archived Posts

Nikkei Asian Review, an Asia-based English tabloid, reported that Japanese insurance firm Sompo has collaborated with BTC Africa, also referred to as BitPesa, a pan-African digital payment platform. Sompo Holdings Inc. supposedly shelled out 570 million yen ($5 million) to obtain a 10% stake in BitPesa, an African Bitcoin (BTC) startup that was established in   Read more...

On 9 November 2018, a blockchain startup based in New York called Carbon-12 Labs (also called as “Carbon”), which is creating a stablecoin called CarbonUSD (CUSD), declared that CUSD is accessible on the EOS network. Carbon was initially unleashed the Ethereum Platform on 12 September 2018 by Samuel Trautwein (CEO), Connor Linn, Gavin Mai (CPO)   Read more...

A South Korean ICO swindled roughly 13,500 ETH ($ 2.8 million) from its investors who participated in private sales and then completely vanished from the web. Pure Bit, which has shut down its website, seemingly carried out a pretty standard exit scam for its Pure Coin token offering. The cryptocurrency was posed as a native   Read more...

The Federal Financial Supervisory Authority (BaFin) has issued an official statement on its website ordering the partial discontinuation of operations by the UK-based crypto firm Finatex Ltd. Per the notice from BaFin, dated October 2, Finatex ltd have got to stop providing cross-border proprietary buying and selling on its Crypto-Capitals trading platform “immediately.” Per BaFin’s   Read more...

Zeniex, a relatively unknown South Korean cryptocurrency exchange, has announced that it will soon shut down due to the government’s stern action on unauthorized cryptocurrency exchanges. The crypto exchange, a joint venture between South Korea and China that came into operation in May 2018, states in the announcement that due to “recent problems,” they “have   Read more...

Blockchain platform MultiVAC has revealed that it has attained a “breakthrough” in the blockchain scaling technology referred to as “sharding”. Per the company’s announcement, MultiVAC detailed accomplishing 30,784 transactions per second (TPS) using 64 shards. The total number of transactions for all shards utilized surpassed 30K at maximum. However, a single shard was said to   Read more...

A subsidiary of Canadian financial institution VersaBank affirmed it had wrapped up beta testing of a “digital vault” for holding cryptocurrency. VersaVault, which reported its so-called “digital safety deposit box” in February, is planning to lure crypto exchanges and institutions as customers for the state-of-the-art tool. The tool performs cryptocurrency storage on servers located all   Read more...

Maritime and marine news publication, The Maritime Executive, has detailed that nine top terminal operators and shipping firms have signed a Memorandum of Understanding (MoU) to unveil an open digital platform based on distributed ledger technology (DLT). The MoU, intended at establishing a consortium to create a shipping industry blockchain alliance named the Global Shipping   Read more...

In a tweet dated November 8, the Malaysian Ministry of Education (MoE) announced that it was setting up a university consortium to fight degree fraud using blockchain. Concurring to the ministry’s tweet, the framework is planned to issue and confirm the realness of college-issued degrees. The new government-supported consortium will at first consist of six   Read more...

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