Archived Posts

The US SEC (Securities and Exchange Commission) has turned down an application to list a Bitcoin (BTC) exchange-traded fund (ETF). While rejecting the application, the Commission explained that the ETF application filed by Bitwise Asset Management and NYSE Arca did not meet the requisite criteria. In particular, regulators informed that the two companies did not   Read more...

Cryptopay, crypto wallet and debit card provider, has started facilitating transfer with the British Pound (GBP) via the Faster Payments Scheme. Specifically, the UK based users can add fund to their account or make withdrawals in British Pounds, avoiding the charges related to conversion from GBP to euro. The press release further states: “Upon activation   Read more...

Block.one, the startup behind EOS blockchain, unveiled version 2.0 of the EOSIO open-source protocol. EOSIO is a blockchain-powered smart contract covenant used to build and deploy decentralized applications (DApps). It uses a consensus protocol called delegated proof-of-stake. As per Block.one, the core of EOSIO 2.0 includes several enhancements to EOS VM, a super charged WebAssembly   Read more...

OmiseGo, a finance focused scaling network for Ethereum (ETH), has joined Universal Protocol Alliance, a collaboration of blockchain and cryptocurrency oriented startups. OmiseGo disclosed that it will integrate the Universal Protocol Platform UPT utility token into its payment processing technology. In that process OmiseGo aims to permit stakeholders to utilize UP stablecoins for tax collection   Read more...

Ledger, manufacturer of hardware wallet, intends to incorporate cryptocurrency atomic swaps, facilitated by cross-blockchain transfer covenant SWFT, into its other app Ledger Live. In this regard, the crypto focused company issued the following statement: “wallets with SWFT Blockchain integration allow their users to swap currencies without having to leave the app or worry about addresses.”   Read more...

Microsoft and Intel are supporting a new program of rewarding tokens developed by the Enterprise Ethereum Alliance (EEA). The EEA, which establishes standards for Ethereum-powered blockchain apps in business, elaborated on the developments. The association stated that it has developed a new program of awarding tokens and is backed by the two software behemoths. The   Read more...

Dubai’s Department of Economic Development has revealed its decision to shift to a blockchain-powered unified business registry platform (UBRP). The platform intends to enhance the simplicity of carrying out business in Dubai and facilitate license issuers to administer trade licenses and corporate registries. So far, the Silicon Oasis Authority, Water Authority, Dubai Electricity and Dubai   Read more...

Controversial US entrepreneur and crypto enthusiast John McAfee has introduced a decentralized exchange (DEX) deployed and running on the Ethereum (ETH) blockchain. At present, the McAfee DEX platform is in its beta phase as per the official website of the platform and McAfee’s official tweet. Two days before, McAfee introduced the new platform through a   Read more...

Electronic giant Samsung’s mobile payment service subsidiary Samsung Pay, has collaborated with Finablr, a payment processing platform, to provide trans-border payment facility ‘Money Transfer’ to the users of its app. Finablr is a member of RippleNet. Finablr unveiled the collaboration on October 3, asserting that the latest attribute “offers users seamless and secure cross-border payments   Read more...