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Smartphone with BLive being held up purple

TRON’s BitTorrent (BTT) Begins Testing of BLive Streaming Service

August 28, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The BitTorrent/TRON (TRX) blockchain project are set to begin internal testing of BitTorrent Live (BLive), a mobile streaming service the team claims will enable users to create live video content, connect with like minds and earn BTT, according to a blog post on August 27, 2019. BLive Testing Underway As...

Facebook in a Meeting with a CFTC official statue of liberty in the background

Facebook Hires Lobbying Firm in the Face of Regulatory Uncertainty

August 28, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

In a bid to conquer the regulatory challenges and uncertainties surrounding Facebook's yet-to-be-launched Libra cryptocurrency, the highly controversial social media giant has employed the services of Washington-based lobbying firm named FS Vector, reports O'Dwyer's on August 26, 2019. Facebook Hires Lobbying Firm Per sources close to the matter, Facebook has...

Blockchain Technology Flying around earth like superman

CEOs Accross the Globe Frequently Discuss Blockchain, AI, and IoT

August 27, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Blockchain technology, Artificial Intelligence (AI), and Internet of Things (IoT) are the most discussed topics in disruptive technologies among over 300 CEOs of leading companies around the world, reports IT Brief on August 27, 2019. Blockchain is a Hot Topic Per the report, the revolutionary distributed ledger technology (DLT) as...

Bitcoin Argentina, Others Partner to Develop DLT-Based Digital Identity Solution

August 27, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a bid to foster social inclusivity and improve access to quality goods and services for residents of Buenos Aires, Bitcoin Argentina, a local non-governmental organization is collaborating with NEC and IDB Lab, to develop a blockchain-based digital identity solution, according to a press release August 26, 2019. Making Life...

Chi-X Kicks Against ASX’s Move to Replace CHESS with Blockchain

ASX Allies with Digital Asset and VMware to Develop DLT-Based CHESS

August 26, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

The Australian Securities Exchange (ASX) and its financial technology (fintech) partner, Digital Asset have joined forces with VMware, a cloud infrastructure provider, to fast track the process of developing a distributed ledger technology (DLT) based solution that would replace the current Clearing House Electronic Subregister System (CHESS), reports ZDNet August...

CoinFlex Tackles Cryptocurrency Price Manipulation with Physically-Settled Bitcoin Futures

August 26, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

CoinFlex, a Hong Kong-based exchange that offers physically-delivered Bitcoin and Ether futures contracts, says it's determined to do all it takes to help Asian retail traders to avoid falling victims to cryptocurrency price manipulation that is often associated with cash-settled futures contracts, reports South China Morning Post, August 26, 2019....

Australia: EY Unveils Blockchain Solution to help SMEs

Australian Blockchain Startups Struggling to Generate Revenue

August 26, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

During the crypto markets bull run of 2017, a number of firms latched onto the blockchain bandwagon in a bid to take advantage of the burgeoning industry. While the move proved to be a forward-thinking maneuver at the time, as the stock prices of some DLT-related firms skyrocketed almost immediately,...

Bank of England Governor: "Bitcoin Has Failed as a Currency but Blockchain Technology Has Promise"

Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency

August 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U.S. dollar as the world reserve currency. As such, it will end the fiat's hoarding by governments and enhance global trade, reports...

Circle Hiring a General Partner to Raise $100M Venture Fund

August 23, 2019 by Ogwu Osaemezu Emmanuel at News

Circle Internet Financial, a leading fintech company offering institutions and individuals a platform to trade cryptos and raise capital, is looking to hire a general partner to help raise and deploy a new $100 million venture fund in collaboration with SeedInvest, according to reports on August 23, 2019. Circle to...

Coinbase Wallet Launches Support for dApps on Desktop via WalletLink

August 23, 2019 by Ogwu Osaemezu Emmanuel at Adoption

In a bid to make it possible for users of Coinbase Wallet to enjoy their favorite decentralized applications (dApps) on desktop browsers such as Chrome, Brave, Mozilla, Opera, and others, in a secure and frictionless manner, Coinbase has launched WalletLink, according to a blog post on August 22, 2019. Coinbase...

Programmer Discovers Cryptojacking Malware on GitHub

August 22, 2019 by Ogwu Osaemezu Emmanuel at Cybersecurity

Juskoljo, a GitHub user who has eight repositories on the platform, has discovered malicious cryptojacking malware in 11 code libraries for the Ruby programming language. The libraries containing the deadly malware have reportedly been downloaded nearly four thousand times, according to reports on August 21, 2019. Cryptojacking Malware in RubyGems...

Ukrainian Authorities Arrest Bitcoin Miners at Nuclear Energy Plant

August 22, 2019 by Ogwu Osaemezu Emmanuel at Crime, Mining

Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019. SBU Arrest Bitcoin Miners Per sources close to the matter, Ukraine’s SBU has nabbed some insiders conducting...

San Francisco’s Kiva Launches DLT-Based Credit Score Verification System in Africa

August 22, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain

Kiva, a non-profit organization that claims to make it possible for people to lend money to low-income entrepreneurs and students in various countries, has launched a blockchain-based credit database in Sierra Leone, to enable residents to easily prove their credit history and secure loans, reports Reuters on August 21, 2019....

Xendpay Joins RippleNet for Real-time Cross-Border Payments

August 22, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Ripple

Xendpay, a London-based international money transfer service has joined RippleNet, a blockchain-based global payments network to enable millions of people to send real-time cross-border payments in their local currencies. The move will also allow Xendpay to stay ahead of its competitors by offering low-cost remittance services according to a blog...

Mike Pompeo Buttresses the need for Amenable Bitcoin Regulations

August 21, 2019 by Ogwu Osaemezu Emmanuel at Regulation

In an interview with CNBC’s Squawk Box on August 2019, United States Secretary of State Mike Pompeo has made it clear that the U.S. must regulate bitcoin and altcoins just like other digital payment systems and electronic financial transactions in the state, to make it harder for bad actors to...