About Author:
1 Confirmation with Jeff and Dave
Dalmas is a very active cryptocurrency content creator and highly regarded technical analyst. He’s passionate about blockchain technology and the futuristic potential of cryptocurrencies.
A few hours before the Cardano Virtual Summit 2020, IOHK—the development wing of the smart contracting platform, on June 30, deployed the node software v.1.14.2. They also released a new version of the Daedalus wallet for the Shelley test network. The wallet allows ADA holders who have been delegating or operating...
Fernando Martinelli, the CEO, and Founder of Balancer Labs on June 30, 2020, responded to an incident where $500,000 worth of digital assets were lost saying the team would have done better and will now reimburse losses incurred by the affected liquidity providers. Balancer Labs Reimbursement a Move in the...
According to a Reuters report on June 29, 2020, BHP Group completed a trial transaction worth $14 million with China Baoshan Iron & Steel Co Ltd (Baosteel). Iron ore was tracked and delivered through a blockchain platform offered by MineHub Technologies in June 2020. Canadian-Based MineHub Offered Blockchain Services to BHP Group MineHub...
Just when the Cardano community was waiting for Input Output Hong Kong (IOHK) — a blockchain research and development team led by Charles Hoskinson, to end the Incentivized Test network (ITN), the team on June 25, 2020, proposed to extend the ITN until the Shelley mainnet launch scheduled for late...
During the 16th, 4th Industrial Revolution Committee meeting on June 24, 2020, South Korea’s Ministry of Science and Technology announced plans of developing seven distributed ledger technology-based systems including the launch of a voting and election system by 2022 under the “Blockchain Technology Diffusion Strategy.” Taking Advantage of the COVID-19 Pandemic...
Blockchain features such as transaction immutability and unrivaled transparency can be harnessed to improve processes. Supply chain management firms can integrate the positives of distributed ledger technology (DLT) to drastically enhance their activities and save costs. In a webinar held on June 23, 2020, Zebra Technologies said they are integrating IOTA's...
The self-auditing nature of blockchain means there will be a “Kodak” moment for firms that fail to evolve and adapt. The multi-billion audit industry may be on the cross-hairs. However, KPMG--a leading accounting firm offering services to governments and institutions, is readying for the future. In a press release on...
Taxing cryptocurrency income is premature and may stifle the growth of blockchain and crypto in South Korea. Cryptocurrencies, unlike fiat, have not taken root and are largely unstable. This is the view of leading South Korean economists in response to the Ministry of Economy and Finance’s tax office proposal to...
An Amnesty International finding shows that children--sometimes as young as seven, are toiling in cobalt mines in the Democratic Republic of the Congo (DRC), central Africa. Far from the gleaming surfaces of modern touch screen devices that rely on batteries, the inhalation of cobalt dust and child labor exploitation for the...
The Changpeng Zhao-led Binance, one of the largest cryptocurrency exchanges by trading volumes and client count, will launch a fiat-supported platform in the UK to cater to growing retail and institutional investors in the next few weeks reports Reuters, on June 17, 2020. Up To 65 Digital Assets to Be Supported...
The Telecom Regulatory Authority of India (TRAI) has backed the Hyderabad-based software company Tanla Solutions from telemarketers’ accusations that it has an unfair competitive advantage over smaller firms reports The Economic Times on June 16, 2020. TRAI was responding to a petition filed by Venets Media in a New Delhi court....
By introducing an element of autonomy like never seen before, smart contracts have proven to be revolutionary. However, a vast majority can only operate in one blockchain. To enhance and expand smart contract functionalities, Chainlink steps in. For their integration of technology, the World Economic Forum (WEF) has selected the...
That Bitcoin “halving”--a pre-programmed on-chain event, affects prices is unfalsifiable. However, the Stock-to-Flow price (S2F) prediction model centered on this event draws more questions than answers because of its inconsistencies. This is the assessment of Vitalik Buterin, the co-founder of Ethereum, who on June 14, 2020, posted his view on...
In May 2019, Microsoft sketched up a plan for an open-source, decentralized, and blockchain-agnostic identification system called Identity Overlay Network (ION). As per a June 10, 2020 release, the ION public beta will launch on the Bitcoin mainnet. Microsoft has said this is a major milestone as they march towards a...
Considering the massive strides VeChain has made in the last few years, the recognition by a Germany’s Federal Office for Information Security (BSI) in a recent report is a major shot in the arm. VeChain, EOS, Corda Stand Out The BSI is Germany's national cybersecurity authority in charge of managing...