About Author:
1 Confirmation with Jeff and Dave
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
Accounting giant Grant Thornton has released a blockchain-powered platform called inter.x for managing intercompany transactions. This, according to a report by accounting TODAY, May 14, 2020. Blockchain Tool to Manage Intercompany Transactions In a bid to leverage the benefits of distributed ledger technology (DLT) for the benefit of corporate transactions,...
Popular U.S. exchange Coinbase revealed earlier this week its users tend to shift to altcoins after Bitcoin enters a “bull market.” Investors presumably after “feeling good” about rising prices and their apparent ability to predict trends. Seeking Profits in Casino-like Markets As published on a blog post on May 13,...
Betting pools and houses have long been both a point of attraction to many people and a principal foe to a nearly equal number of legislators. For instance, here are some of the best crypto betting sites today that are enjoying increasing popularity among users. On the one hand, it...
The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country. China’s Blockchain Push Reported by local publication Sina News on May 13, the committee was headed by the bank’s...
The launch of the long-awaited ETH 2.0 update, which sees Ethereum shift from a PoW to a PoS consensus algorithm, is getting delayed because of following a multi-client approach, opines Danny Ryan. “Multi-Client” Approach Slowing Down ETH2.0 Speaking at the ongoing Consensus: Distributed 2020 conference on May 13, Ryan notes...
Whales holding Ethereum (ETH) have decreased drastically in 2020, despite the currency’s surging prices and institutional adoption, if the latest data from on-chain analytics firm Glassnode is considered. Whales Fleeing ETH Bitcoin’s now-concluded halving saw the pioneer cryptocurrency’s price move from sub-$5,000 in January 2020 to over $10,000. Most digital...
Today, South Korean cryptocurrency exchange Bithumb Global celebrates its first anniversary as it continues to meet the ever-increasing demand for digital assets. Established in 2019 during the boom period in the cryptocurrency industry, Bithumb Global has quickly established itself as one of the leading digital asset exchanges in the world...
Enterprise-geared cross-border remittance blockchain network Stellar (XLM) wants to become the go-to platform for governments around the world to issue central bank digital currencies (CBDC) on. Stellar CEO, Denelle Dixon, hinted at the ambition during Consensus distributed. Stellar Wants a Slice of the CBDC Pie Stellar, the decentralized blockchain protocol...
MakerDAO’s ambitious Single Collateral DAI (SAI) project has been shut down after a community consensus favoring the move on May 12. R.I.P SAI SAI was first launched in 2018 as a means of cheaper DAI pooling and user onboarding. The protocol was backed by ETH in locked funds, earning interest...
Digital currencies are being adopted at an increasing rate by several countries. While superpowers, save China, are slow to progress with the digitalization wave, some smaller nations are moving ahead with pilot projects. Mauritians Look to Digital Currency The latest to confirm the development of a Central Bank Digital Currency...
According to an announcement made on May 12, 2020, the ICON Foundation (ICX) has inked a memorandum of understanding (MOU) with Liechtenstein Blockchain Innovator LCX for a long-term strategic partnership to develop new standards for tokenized assets and exchange knowledge and insights on security token infrastructure, compliance solutions, and regulation...
According to a press release issued on May 12, 2020, cloud-based smart contract as a service (ScaaS) platform SIMBA Chain has been awarded a contract by the U.S. Department of Defense (DOD) to develop a single, blockchain-powered proof-of-concept to secure sensitive R&D data. SIMBA Chain to Provide Secure Cloud-Based Data...
Enterprise blockchain solution Dragonchain is moving into the blockchain-based healthcare technology space. The Seattle-based firm partnered with Florida’s Medek Health, a telehealth provider. Dragonchain’s Blockchain Push Announced on May 12 via Eternal, a trustless Dragonchain-based social platform, the partnership bolsters Medek’s insurance and “shared doctor” consultation business. Medek provides a...
The Zcash Foundation is giving leading blockchain developers the tools to its security protocol, aiming for collaborative work on the sub-cultures of cryptography and digital privacy. A “Valuable” Public Good Announced on May 12 via a press release shared with Coindesk, the foundation has launched the Zcash Developers Alliance (ZDA),...
Berlin, Germany — May 12, 2020 — LUKSO is a Blockchain network dedicated to the new digital lifestyle, where the worlds of fashion, gaming, design, and social media intersect. LUKSO will make an exclusive pre-sale on the KuCoin Spotlight program on May 20, shortly before the first Reversible ICO takes...
