Archived Posts

Microsoft has revealed that gamers who are under quarantine are adding to the stress on its Azure cloud platform, which forms the bedrock of the company’s blockchain-as-a-service (BaaS) offering. Microsoft, in its SEC filing, explained the effect of “the global health pandemic” on its Azure cloud facilities. The company acknowledges that in some areas “deployments   Read more...

Shanghai Gas – 150-year old Chinese energy enterprise – is widening its blockchain initiatives after victorious trial collaboration with supply chain administration blockchain company, VeChain (VET). Utility services enterprise Shenergy Group owns Shanghai Gas, which was established in 1865. The Group has control over 90% of Shanghai gas market. The company has a yearly supply   Read more...

Charity division of Huobi cryptocurrency exchange has begun supporting Indonesian government’s efforts in battling against COVID-19. Huobi Charity will offer assistance in collaboration with the Indonesia-China Association of Economic, Social and cultural Cooperation (ICAESCC) to give financial assistance, in addition to medical kits, while capitalizing on blockchain technology to back healthcare institutions. To offer instant   Read more...

Bitcoin (BTC) draws attention of investors yet again as futures market recorded their largest volume since markets plummeted below $4,000. As per data from tracking site Skew, April 2 recorded the top trading volumes by exchanges which offer Bitcoin futures since March 16. CME Group recorded trading volume worth $347 million Thursday, while minor contender   Read more...

Bison Trails, which offers blockchain infrastructure-as-a-service, stated that it will start backing NuCypher network, in addition to WorkLock, its permissionless token distribution solution. As per the media release, the Libra Association member guaranteed users that nodes can be run by anyone and also take part in the NuCypher network integrated with the Bison Trails platform.   Read more...

Dapper Labs, which developed the blockchain powered game CryptoKitties, has received a patent in Brazil that paves way for the creation of collectible digital tokens in collaboration with the National Basketball Association (NBA). As per Intellectual Property Magazine of Rio de Janeiro, published on March 24, Dapper Labs has been given the right to utilize NBA   Read more...

Max Keiser forecast exponential rise in demand for Bitcoin (BTC) as gold sale remains inhibited due to coronavirus outbreak. In the recent edition of Keiser Report program, telecast on March 31, Keiser opined that the coronavirus pandemic will force billionaires to purchase gold as it is perceived as a safe haven asset. Once the stockpiling   Read more...

Lightning Labs has released the prelim details for Lightning Service Authentication Tokens (LSAT), a covenant criterion that guarantees to create a sea of change in online remittance via deploying a largely unfamiliar HTTP status code. As per a March 30 blog post written by Lightning Labs CTO Olaoluwa Osuntokun, LSAT supports automated logins and remittances   Read more...

Nigeria, Africa’s largest nation, got its first Bitcoin ATM. Blockstale BTM, which took the initiative of installing the ATM in the Dazey Lounge and Bar in Lagos, intends to set up over 30 more ATMs throughout the country. Commenting on the initiative, Blockstale’s chief executive and founder, Daniel Adekunle, said “Despite all the legal uncertainties   Read more...