Archived Posts

ACINQ, a blockchain firm which works towards the deployment of the Bitcoin (BTC) Lightning Network (LN), unveiled Phoenix, the second-generation Lightning Network wallet, via Twitter. A video accompanying the tweet illustrates several wallet features, which can be accessed through a user-friendly interface. Setting up a new wallet is can be easily done through a single   Read more...

Emaar Properties, the renowned Dubai-headquartered real estate behemoth, has unveiled a referral and loyalty program based on its own blockchain token. Emaar, the developer behind Burj Khalifa, the world’s tallest building, and the Dubai Mall, intends to introduce the EMR token for rewarding its clients. EMR tokens, which are based on JP Morgan’s blockchain platform   Read more...

BlackBerry Cylance, a software firm involved in the development of anti-virus program, has identified malicious code in WAV audio files, implying that hackers are now using such files for mining cryptos without authorization from system owners. Such kind of malware campaigns, which hosts malicious code concealed in audio files with WAV format, is referred to   Read more...

The Singapore branch of CIMB Group, a major investment bank, has successfully completed its first trade funding transaction powered by blockchain technology based system developed by domestic trade funding firm iTrust Trading. The platform, which handled the deal, also used Internet of Things (IoT) technology, in addition to blockchain. By employing iTrust’s platform, which uses   Read more...

Karma Automotive, a California-based luxury electric car manufacturer headquartered in California, has started accepting cryptocurrency as a mode of payment at one of its showroom in Newport Beach. Karma Newport Beach now permits buyers to settle bills in Bitcoin (BTC), including other services associated with its vehicles. Regarding the acceptance of Bitcoin as payment, Karma   Read more...

The NBA basketball team Sacramento Kings has joined hands with CryptoKaiju to introduce a range of crypto collectibles. CryptoKaiju currently offers Ethereum blockchain based Kaiju toys. All through the 2019-20 basketball seasons, both companies intend to hand over 100 limited issue Kaiju collectible toys. A non-fungible token backs each collectible, implying that no two collectibles   Read more...

Circle, the international financial services firm, stated that Bermuda turned out to be the first government to adopt its stable coin, which is USD Coin (USDC) to settle tax liability. The initiative is one among the plan, which involves Bermuda government’s support for “the use of USD-dollar backed stablecoins and decentralized finance protocols and services.”   Read more...

Ford Motor is exploring blockchain technology and geo-fencing to precisely trace the “green miles” ran by its energy-saving vehicles. Yesterday, Ford divulged that it is expanding its European plug-in hybrid electric vehicle (PHEV) trial venture to Cologne in Germany. The US automaker intends to validate the real-world benefits of these energy-saving vehicles for the commercial   Read more...

The efficiency of Bitcoin (BTC) network was highlighted by the CEO of cryptocurrency exchange Bitstamp after Bitcoin worth $1 billion was remitted for a charge of $4. BitInfoCharts, which monitors blockchain, revealed that 112,027.29 BTC changed hands through wallet and storage service provider Xapo. Earlier, Bitstamp had moved 107,800 BTC to Xapo by paying a   Read more...