Archived Posts

A 24-year-old man in Oslo, Norway was recently found murdered in his apartment after selling a significant amount of his Bitcoin holdings for cash. TV 2, the largest commercial television broadcaster in Norway, reported that local police has obtained sufficient evidence to believe that the victim held cash he obtained after selling Bitcoin on an   Read more...

Four major Japanese companies are collaborating to explore the potential of blockchain technology in distributed electricity supply. The partnering firms are Kansai Electric Power Co. (Kepco), IT service management company Nihon Unisys, Mitsubishi UFJ Bank, and the University of Tokyo. The firms will look at the possibility of permitting solar power suppliers to sell excess   Read more...

Shopping with cryptocurrency still has a long way to go. Several factors such as price volatility, lack of adequate infrastructure and legal framework continues to hamper adoption of cryptocurrencies. Many merchants are still in dilemma about accepting cryptos. This means shoppers have no other go but to use the traditional payment options such as card   Read more...

US based Chicago Mercantile Exchange (CME) has tweeted that Bitcoin futures (BTC) trading volume grew considerably in 3Q18. The tweet indicates that the average daily trading volume (ADV) of Bitcoin futures has increased by 41% on q-o-q basis in Q3, while open interest (OI) or the number of open contracts in Bitcoin futures has increased   Read more...

Toyota, the renowned Japanese car manufacturer, has entered into a partnership with Lucidity, a blockchain based advertising analytics firm, to minimize fraud while purchasing digital ads. Los Angeles-based Lucidity, formerly called as KR8OS, was established in 2017. It offers an Ethereum blockchain solution to monitor supply chain remittances so that advertisers can track how their   Read more...

Paxos, the blockchain trust company, has tweeted that it has successfully distributed roughly $50 million worth of its recently unveiled US dollar pegged stablecoin. The stablecoin, which is built on the Ethereum (ETH) blockchain, named Paxos Standard Token (PAX), has received regulatory approval from the New York State Department of Financial Services (NYDFS) in early   Read more...

Telegram, which offers encrypted messenger service has declared that it will unveil a trial version of its blockchain-based TON platform “this autumn,” according to news reports by Russian media outlet Vedomosti. In this regard, investors who communicated with the media outlet has “confirmed” the veracity of a notification forwarded to the participants in TON’s Initial   Read more...

Recently launched blockchain-focused venture capital fund EQUI Global has revealed that one of its co-founder is Steve Wozniak, who was also the co-founder of Apple. In August, Wozniak had announced its intention to play a proactive role in a blockchain project. EQUI Global is a venture capital fund focused on blockchain technology, with its backend   Read more...

BitPay, the US-based cryptocurrency payment processor, has begun accepting stablecoins, according to a press release. Specifically, BitPay permits its its vendors to get payments in Gemini Dollars (GUSD) and Circle USD Coin (USDC). Established in 2011, Atlanta, Georgia-based BitPay offers payment services to over 20,000 businesses globally. The payment processor supports Bitcoin Cash (BCH) and   Read more...

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