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New Zealand Blockchain Group Asks Govt. for National Strategy

May 23, 2019 by Ogwu Osaemezu Emmanuel at Adoption, News

BlockchainNZ, an organization that claims to be focused on enabling New Zealand businesses and individuals to advance in all things distributed ledger technology (DLT ), cryptocurrency and decentralization, is set to work with the nation’s authorities to implement a national blockchain strategy to enable New Zealand to get up to...

The Zimbabwe Stock Exchange Hints At Blockchain Integration

May 22, 2019 by Ogwu Osaemezu Emmanuel at Adoption, News

At a time when forward-thinking financial institutions across the globe are increasingly integrating distributed ledger technology (DLT) into their processes in a bid to foster transparency and enhance productivity, the Zimbabwe Stock Exchange (ZSE) is also looking to explore the revolutionary technology, according to local news outlet, Chronicle on May...

Australian Worker Faces Jail Term for Illegal Bitcoin Mining

May 22, 2019 by Ogwu Osaemezu Emmanuel at Crime, Mining, News

Despite the fact that the price of bitcoin and other digital assets are just trying to recover from the winter of 2018, the crypto fever remains as hot as ever. Now, the Australian Federal Police (AFP) have charged a 33-year-old Sydney man for illegally mining cryptos with the federal government...

Calstone Spreading BLockchain onto the Earth Market Blue

Calastone Launches Blockchain-Based Decentralized Market Infrastructure

May 21, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, News

Calastone, a leading global transaction network for the mutual fund industry, has launched its blockchain-powered Distributed Market Infrastructure (DMI) in a bid to enable digitalization and frictionless trading at a global scale, according to a blog post on May 20, 2019. Calastone Integrate DLT As stated in its blog...

Robot Putting Bitcoin Icons into an Envelope

Zulu Republic Launch Bot for Bitcoin and Altcoins Transaction on Whatsapp

May 20, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, News

Zulu Republic, an ecosystem of digital platforms powered by Ethereum, has launched its Lite.IM bot, to enable Whatsapp users to seamlessly send and receive bitcoin (BTC), litecoin (LTC) and its native ZTX altcoin on the go, according to a tweet on May 19, 2019. Zulu Fostering Bitcoin Adoption In a...

Vacuum Cleaner Sucking up Different Altcoins

Circle’s Poloniex Exchange Delists Nine Altcoins from U.S. Markets

May 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Exchange, News, Regulation

Poloniex, the cryptocurrency exchange run by Circle Internet Financial, has announced the delisting of nine altcoins from its United States markets starting from May 29, 2019, citing regulatory uncertainties, according to a blog post on May 16, 2019. Poloniex Avoiding SEC Trouble In a bid to keep operating in compliance...

The Journey of Changpeng Zhao: How China's Crackdown Propelled Binance to the World's Largest Crypto Exchange

Binance Launchpad Announces Fifth Token Sale Event

May 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Exchange, News

Binance Launchpad, the initial exchange offering (IEO) launching platform from the stables of the Changpeng Zhao-led Binance cryptocurrency exchange, has announced the launch date for its fifth project called Harmony, according to a blog post on May 16, 2019. Harmony Roaring to Go As stated in its blog post, Harmony...

Coinbase Exchange Set to Acquire Xapo for $50 Million

May 17, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, News

Coinbase, a leading United States-based cryptocurrency exchange is rumoured to be interested in acquiring Xapo, a Hong Kong-based firm providing highly secure bitcoin custodial services to institutional investors via its cold storage vaults, for about $50 million, reports The Block on May 16, 2019. Coinbase Interested in Xapo Per sources...

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Louis Vuitton Founder to Track Luxury Goods with Blockchain

May 17, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, News

Louis Vuitton SE (also known as LVMH Group), a French multinational luxury goods conglomerate in charge of highly reputed subsidiaries like Christian Dior SE, Fendi, and Givenchy, has joined forces with ConsenSys and Microsoft to launch AURA, a distributed ledger technology (DLT) based platform for tracking luxury and verifying the...

Are Initial Coin Offerings (ICOs) Really Dead?

May 17, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Finance, ICO/IEO, News, Regulation

Though numerous initial coin offerings (ICOs) existed before the Bitcoin price took off in 2017, an array of blockchain startups took full advantage of the bullish markets that year to launch their ICOs. While some of these crypto-based fundraisers were genuine, a good percentage of them were outright scams which...

Hong Kong: Cryptocurrency Exchange Huobi Looks to Go Public with Reverse IPO

Huobi Launches Fiat and Crypto OTC Service Trading in Gibraltar

May 16, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Exchange, Investment, News

Huobi Group, the parent company of Huobi cryptocurrency exchange has launched a fully regulated crypto-to-crypto and fiat-to-crypto over-the-counter (OTC) trading desk in Gibraltar, specifically for institutional investors and high-volume traders, according to a blog post on May 15, 2019. Huobi making life Easier for Institutional Investors As stated in its...

Hong Kong and Thai Authorities Sign Fintech MoU

May 16, 2019 by Ogwu Osaemezu Emmanuel at Business, Finance, News, Regulation

The Hong Kong Monetary Authority (HKMA) has signed a memorandum of understanding with the Bank of Thailand (BOT), in a bid to promote financial technology (fintech) collaborations between the two regulators, according to a Crowdfund Insider report on May 14, 2019. The Basel Connection Per sources close to the matter,...

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Blockchain Technology Fixes the Loopholes of Centralized KYC Solutions

May 15, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News, Tech

While several projects prefer to use centralized repositories to store data during Know Your Customer (KYC) procedures, these databases exhibit several limitations such as susceptibility to hacks and high cost of management, which can be mitigated by distributed ledger technology (DLT), reports TechRadar on May 14, 2019. Centralized Databases are...

Hyperledger Unveils Aries, Decentralized Identity (DID) Infrastructure

May 15, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Development, News, Tech

Hyperledger, a multi-project open source distributed ledger technology (DLT) platform hosted by the Linux Foundation, has announced the launch of Aries, a shared infrastructure of tools that facilitate the exchange of data stored on different blockchains, according to a blog post on May 14, 2019. Hyperledger Aries Fosters Interoperability In...

Ron Paul wearing a boxing glove ready to fight

Ex-Congressman Condemns Rep. Brad Sherman’s Harsh Crypto Stance

May 15, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Commentary, News

Ronald Ernest Paul, a retired United States politician who contested for presidency in 1988, 2008 and 2012, has condemned the draconian stance of Rep.Brad Sherman towards bitcoin and other digital assets. Paul has also advised the U.S. government to stop interfering in the matters of blockchain-based virtual currencies, reports Yahoo...