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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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About author: Ogwu Osaemezu Emmanuel

Triip Travel Impact Company Adds Ether (ETH) and Tomochain (TOMO) to List of Payment Options

Category: Altcoins, Blockchain, Ethereum, Finance, News, Platform, Tech

Triip  Travel Impact Company Adds Ether (ETH) and Tomochain (TOMO) to List of Payment Options

Triip, a Singaporean, global travel platform that claims to make it possible for travelers to enjoy exciting private tours by offering them frictionless hotel booking experiences in 227 countries, has announced that its clients will soon be able to book their travels with Ether and TOMO tokens, according to local news source Digital News Asia on December 13, 2018.   …

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ICO Scam: AriseBank and its Founders to Refund Investors $2.7 Million

Category: Altcoins, Blockchain, Crime, Finance, News, Platform, Tech

ICO Scam: AriseBank and its Founders to Refund Investors $2.7 Million

The United States Securities and Exchange Commission (SEC) has won a prolonged court battle against the AriseBank blockchain project which organized a fraudulent initial coin offering (ICO) that claimed to had raised $600 million from investors last year. Now, authorities have ordered the founders of the project to pay investors a total of $2.7 million, reported  Dallas News on December…

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IBM Developing Blockchain-Based Solutions to Transform India’s Telecoms Sector

Category: Adoption, Blockchain, Business, Development, News, Regulation

IBM Developing Blockchain-Based Solutions to Transform India’s Telecoms Sector

Distributed ledger technology (DLT) heavyweights IBM is reportedly working with Indian telecommunications firms to help them create blockchain solutions aimed at enhancing “mobile number portability” and “Do Not Call” registries, according to an Economic Times report on December 12, 2018. IBM Creating DLT Solution for India’s Telecoms Per sources close to the matter, IBM is collaborating with Indian telecommunications companies…

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Global Maritime Industry Firms Launch Blockchain Platform for Certification of Seafarers

Category: Adoption, Blockchain, Business, Finance, News, Platform

Global Maritime Industry Firms Launch Blockchain Platform for Certification of Seafarers

Lloyd’s Register Foundation, a U.K.-based charity organization, has funded a blockchain solution that will enable firms in the maritime industry, including Maersk Line, Maritime Blockchain Labs (MBL), and others to carry out a host of operations via distributed ledger technology (DLT),  including verification of safety documentation and seafarers certificate depository management, reported the Loadstar on December 11, 2018.   Blockchain…

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OneGold Partners with BitPay to Enable it Accept Cryptocurrency Payments for its Precious Metals

Category: Altcoins, Bitcoin, Business, Development, News

OneGold Partners with BitPay to Enable it Accept Cryptocurrency Payments for its Precious Metals

OneGold, an online marketplace that makes it possible for people to buy, sell, store, and redeem precious metals, has joined forces with BitPay, a leading Bitcoin payments processor, to enable it access bitcoin (BTC) and bitcoin cash (BCH) payments for its products, according to a press release on December 11, 2018. Bitcoin for Gold and Silver Established by APMEX and…

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Gibraltar Blockchain Exchange (GBX) Secure Insurance Coverage for its Cryptoassets

Category: Altcoins, Bitcoin, Business, Exchange, News, Regulation

Gibraltar Blockchain Exchange (GBX) Secure Insurance Coverage for its Cryptoassets

The Gibraltar Blockchain Exchange (GBX), a regulated cryptocurrency exchange from the stables of the Gibraltar Stock Exchange (GSX), has secured insurance coverage with Callaghan Insurance for all blockchain-based virtual currencies listed on its platform, according to a press release by the GBX on December 10, 2018. GBX Guards itself against Unforeseen Circumstances In a bid to protect itself against hacks,…

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Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

Category: Adoption, Altcoins, Bitcoin, Business, Finance, News

Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

While the cryptocurrency markets bull run of 2017 succeeded in bringing digital assets global consciousness, the rollercoaster ride did very little to increase meaningful adoption, as most holders bought bitcoin and other cryptoassets for only speculative purposes and not for payments. However, with the bears fully in charge and volatility drastically reduced, cryptoassets are slowly but steadily beginning to function…

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UNICEF Joins the Blockchain Movement, Set to Fund Various Blockchain Projects in Emerging Economies

Category: Adoption, Blockchain, Development, Finance, News

UNICEF Joins the Blockchain Movement, Set to Fund Various Blockchain Projects in Emerging Economies

In a bid to make it easier for innovators in emerging economies to solve real-life problems with distributed ledger technology (DLT ), the UNICEF Innovation Fund, has announced a move to invest heavily in six blockchain startups in developing and emerging economies, according to a press release on December 10, 2018.    UNICEF Using DLT to Help Humanity The UNICEF…

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Bitcoin Price Slump Forces Bitmain to Shut Down Israeli Center

Category: Altcoins, Bitcoin, Business, Finance, Mining, News

Bitcoin Price Slump Forces Bitmain to Shut Down Israeli Center

Bitmain, the world’s leading bitcoin ASIC miner maker, is set to close its developmental center located in Ra’anana, Israel and lay off 23 employees, following the recent crash in the price of bitcoin and other cryptoassets, reported local news source, Globes on December 10, 2018.   End of the Road? The latest development is coming on the backdrop of the…

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Conducting Security Token Offerings (STOs) in China Is Illegal

Category: Altcoins, Blockchain, Business, Finance, News, Regulation

Conducting Security Token Offerings (STOs) in China Is Illegal

At a time when Security Token Offerings (STOs) are gradually gaining grounds in the cryptospace, with some observers  predicting the new type of fundraiser will replace initial coin offerings (ICOs), deputy governor of the People’s Bank of China (PBoC) has made it clear that STOs are illegal in China, reported the South China Morning Post on December 9, 2018. No…

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