About Author:
Aisshwarya Tiwari
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.
Blockchain project Qtum on May 2, 2019, announced its integration with Google’s Cloud Platform. With this, Qtum developers can now develop enterprise-grade decentralized applications and smart contracts on Google’s Cloud Platform. Developing on Qtum Blockchain Made Easy with Google Qtum, a Proof of Stake (PoS) protocol-based blockchain project, offers an...
On May 4, 2019, Dong Zhao, a stakeholder of Hong Kong-based cryptocurrency exchange Bitfinex, tweeted what is allegedly an excerpt of a whitepaper which sheds light on the exchange’s upcoming $1 billion initial exchange offer (IEO). Bitfinex Unfazed by Recent Accusations Recently, Bitfinex was in the news for reasons it...
Canada-based cryptocurrency exchange Bitbuy on May 2, 2019, announced that it has completed a Proof of Reserve and Security Audit to bolster its safety mechanisms. No Compromise The recent drama surrounding QuadrigaCX has forced crypto exchanges around the world to reassess their security mechanisms. The QuadrigaCX fiasco shows the extent...
Thailand’s Securities and Exchange Commission (SEC) has amended the Securities and Exchange Act of 2019 to allow market players to participate in primary markets to trade digital securities. This according to a report by the Bangkok Post published May 2, 2019. Thailand Makes Way for Digital Businesses In its quest...
Asset management firm Fidelity Investments on May 2, 2019, published a Medium post which suggests that almost 22 percent of institutional investors hold digital assets in some form in their portfolios. Institutional Investors More than Ready for Digital Assets There’s no doubt that if crypto assets are to see the...
U.S.-based cryptocurrency exchange Coinbase on May 2, 2019, announced in a blog post that its user can now store Dogecoin (DOGE) directly in the Coinbase Wallet app. Wow, Much Support Users of Coinbase Wallet, an Ethereum-powered crypto wallet, can now securely store DOGE digital tokens. According to the announcement, the...
Bloomberg reports on May 2, 2019, that the Bank of Canada and Monetary Authority of Singapore (MAS) have successfully sent each other digital currencies using blockchain technology. This marks the first instance of such a transaction between two central banks. A Big Milestone In a bid to leverage distributed ledger...
According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart...
In a major push for the development of blockchain skills among the working populace, the Australia Labor Party has announced that it will commit $2.1 million towards the creation of Australia’s first Blockchain Academy in Perth, ZDNet reports, May 1, 2019. Blockchain Academy to Open in Perth Australia’s opposition party,...
On April 30, 2019, Amazon announced that its cloud computing platform subsidiary Amazon Web Services (AWS) has made its Amazon Managed Blockchain (AMB) offering generally available. Amazon Managed Blockchain Enters the Market Amazon’s latest offering to the budding blockchain space, AMB, provides a whole host of enterprise-grade services to simplify...
