Archived Posts

In a weekly meeting held on March 15, Ethereum (ETH) core developers yet again debated on the suggested Proof of Work (PoW) algorithm, referred to as ProgPoW, which is ASIC-resistant (Application Specific Integrated Circuit). During the meeting, the developers once again attained a common ground with regards to the implementation of the algorithm, albeit no   Read more...

South Korea-based startup Metadium, which is focusing on blockchain identity, has unveiled a Software Development Kit (SDK) on popular game engine Unity’s Asset Store. The announcement explains the initiative as a “strategic partnership” with the gaming company. According to the media release, the Metadium Meta ID facility is offered through the Unity Asset Store to   Read more...

Through a Medium post, SingularityNET has revealed that it has joined hands with Ping An, a Chinese insurance company, to focus on Optical Character Recognition (OCR), model training and Computer Vision (CV). The Ethereum (ETH)-based decentralized artificial intelligence (AI) startup has pointed out that the extent of collaboration is anticipated to widen to several industries   Read more...

AXA XL, the global insurer, and Assurely, which provides technology for insurance firms, have partnered to launch a unique insurance product encompassing Security Token Offerings (STOs) and equity crowd funding. The latest product offering, named CrowdProtector, has been structured keeping in mind investors and issuers, and supposedly safeguards fresh online capital raising methods like STOs   Read more...

The US SEC (Securities and Exchanges Commission) has published a document, which indicates that Riot Blockchain, a US based publicly traded company, has sought permission to set up a crypto currency exchange named RiotX in the final leg of 2019. In its filing, the company has revealed that RiotX Holdings Inc. will run and administer   Read more...

Clerks employed in commercial courts of France will store modifications in a company’s legal status using a blockchain powered platform. The software was built in partnership between IBM and the National Council of Clerks (NCC) and is planned to be employed in commercial courts across the country in 2019 for the use of clerks. Hyperledger   Read more...

Through a blog post, Bitfury has announced that it has signed a partnership agreement with HadePay, a US-based payments processor, to permit its merchants to embrace Lightning Network (LN) transactions. HadePay employed Lightning Peach API, developed by Bitfury, to enable LN payments, which are considerably quicker and cost effective than traditional Bitcoin trades. HadePay worked   Read more...

Bloomberg has reported that Mark Karpeles, ex-CEO of the inoperative Bitcoin (BTC) exchange Mt.Gox, has been slapped with a suspended jail term after being found guilty of fudging of financial statements. Reportedly, the Tokyo District Court subsequently found Karpeles culpable of combining his personal funds with those of the exchange to hide the financial losses   Read more...

Through a blog post, the US-based cryptocurrency exchange Coinbase has revealed that its custodian tool, Coinbase Custody, has successfully performed its first cold storage based over-the-counter (OTC) trade. The blog post shows that Coinbase Custody has now been incorporated directly with the Coinbase OTC platform, which allows clients to make use of the OTC platform   Read more...

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