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Chinese State Media Organization Prints Bitcoin Overview Article

China’s National Blockchain Network April 2020 Launch Date Still Valid

March 23, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Blockchain-based Service Network (BSN), the distributed ledger technology (DLT) platform being developed by the Chinese government in conjunction with tech firms and financial institutions will finally be launched by next month. The blockchain network is designed to make it easier for users to deploy their applications without having to build...

U.S. Authorities List Blockchain Among COVID-19 Critical Services

March 23, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

In accordance with the COVID-19 guidance issued by President Donald Trump on March 16, the Cybersecurity and Infrastructure Security Agency (CISA), has listed distributed ledger technology (DLT) among the critical infrastructure services needed to effectively reduce the spread of the virus, as such, blockchain managers as “Essential Critical Infrastructure Workers”...

Bitcoin (BTC) Search Index on Baidu and Google Skyrockets

March 23, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Chinese search engine, Baidu has revealed that the more and more citizens are getting interested in Bitcoin, as the total search index for the blockchain-based digital asset surged by 183 percent in the last 30 days, according to a report by local news source ShenlianCaijing on March 21, 2020. Chinese...

Crypto-Friendly Argentina Taps Blockchain Technology for Gas Distribution

March 20, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Enargas, Argentina’s gas regulator, has approved the nationwide deployment of Gasnet, a blockchain-based natural gas distribution system developed by IOV Labs, a Buenos Aires-based firm. The blockchain solution will automate the nation’s existing paper processes and monitor the processes of market participants in terms of quality and safety, reports Ledger...

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Huobi Introduces New Features to Cushion Negative Volatility for Traders

March 19, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Huobi DM, the Bitcoin futures and derivatives trading platform of Huobi Group, has announced the introduction of its new liquidation mechanism designed to help traders to systematically minimize their exposure and cushion the effects of negative market volatility, according to a press release on March 18, 2020. Huobi Launches Partial...

Thai Fintech Firm Joins Ripple’s RippleNet for Cross-Border Payments

March 19, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

DeeMoney, a Thailand-based financial technology solutions provider that facilitates cross-border payments and remittances for users, has joined RippleNet, the blockchain-based payments network from the stables of Ripple. DeeMoney will now be able to process more efficient money transfers with meager fees, according to a blog post on March 18, 2020....

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Wave Financial Looks to Tokenize $20M Worth of Kentucky Bourbon Whiskey

March 18, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Wave Financial Group, a regulated crypto-focused digital assets management firm, has joined forces with whiskey maker, Wilderness Trail Distillery, to tokenize $20 million worth of bourbon whiskey and make it available to accredited investors via a new fund called the Wave Kentucky Whiskey 2020 Digital Fund, reports Institutional Asset Manager...

Venezuela: P2P Bitcoin (BTC) Trading Surges Amidst Coronavirus Scare

March 18, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The daily Bitcoin (BTC) trading volume of Venezuelan peer-to-peer (P2P) exchanges has been on the rise over the past two weeks, as President Nicolas Maduro has ordered the nation to go into quarantine as part of measures to contain the coronavirus pandemic, reports Decrypt on March 17, 2020. Venezuelan Banks...

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Alibaba’s Koala Haigou Taps Blockchain for Supply Chain and Logistics

March 18, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Koala, the cross-border e-commerce marketplace acquired by Alibaba Group in September 2019, has adopted Ant Financial’s blockchain solution, to foster transparency in its supply chain and eliminate goods mismatch, according to a Sina Finance report on March 17, 2020. Alibaba Taps DLT for Product Traceability In a bid to significantly reduce...

Brave (BAT) Browser Set to Sue Google Over GDPR Infringement

March 17, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Brave (BAT), a privacy-preserving web browser focused on revolutionizing the browser industry with cryptocurrency, has formally filed a complaint against search engine giant, Google for infringing the GDPR's purpose limitation' policy, according to a blog post on March 16, 2020. Brave Irked by Google’s Unlawful Activities As reported by BTCManager...

Indian Women Invest More in Cryptocurrencies Than Men

Binance, WazirX Launch $50M Fund to Transform India’s Cryptospace

March 17, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Binance, the world’s leading Bitcoin (BTC) trading venue and its recently acquired subsidiary WazirX, have rolled out a $50 million fund to reinvigorate the Indian blockchain and cryptospace. The fund plans to lend a helping hand to startups interested in creating blockchain-based solutions to real-world problems, according to a blog...

Atari Finally Moves on with Crypto Ambition, Begins Token Presale

March 16, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Atari, a major player in the video and arcade game industry has launched its Atari token private presale. The team says the Atari token can be used to play games on its platform and holders will also be able to exchange the tokens for other cryptos. The Atari token public...

Rhode Island Authorities Fostering Regulatory Clarity with New Blockchain Bill

March 16, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Rhode Island’s Representatives, David Place and Black Filippi have introduced a new bill aimed at creating regulatory clarity and making the state a safe haven for bitcoin (BTC) related businesses as well as blockchain innovators, according to a Forbes report on March 15, 2020. Rhodes Island Set Sights on Blockchain...

NYDFS Urges Crypto Market Participants to Plan Ahead Against Coronavirus

March 13, 2020 by Ogwu Osaemezu Emmanuel at Regulation

The New York State Department of Financial Services (NYDFS) has issued fresh guidance to cryptocurrency exchanges and other virtual currency market participants, concerning the latest coronavirus COVID-19 pandemic. The DFS has mandated all bitcoin (BTC)linked businesses in the state to submit a response to it, detailing their preparedness to manage...

DAI Development: Maker Announces Rebirth of OasisDEX, Weiss Ratings Bullish on Future

DeFi Ecosystem MakerDAO to Sell Off MKR to Cover $4M Bad Debt

March 13, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

MakerDAO (MKR), an Ethereum-powered lending ecosystem has announced that it will carry out an MKR governance token auction in two days, to off-set the $4 million bad debt in its ecosystem brought about by the massive crash in the price of ether (ETH), reports TheBlock on March 12, 2020. MakerDAO...