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Zcash (ZEC) Blossom Upgrade Promises Scalability, Speed and Capacity

Zcash (ZEC) Improvement Proposal ZIP 1014 Approved by Community

February 17, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

The Electric Coin Company (ECC) and the Zcash Foundation (ZF) has agreed to approve Zcash Improvement Proposal (ZIP) 1014. The team says the ZIP 1014, which aims to allocate 80 percent of Zcash (ZEC) issuance to miners, has received huge support from the entire Zcash ecosystem, according to reports on...

Singapore BNB Binance Building Bitcoin Arrows Yellow

Binance Crypto Exchange Formally Applies for Singaporean Crypto License

February 17, 2020 by Ogwu Osaemezu Emmanuel at News

Binance cryptocurrency exchange has formally applied for a license that will enable it to operate in Singapore as a bitcoin (BTC) trading venue and crypto exchange in the region, in accordance with the recently implemented Payment Services Act (PSA), according to a South China Morning Post report on February 17,...

Coronavirus: Two Chinese Firms Launch DLT-Based Donations Tracking Platform

February 14, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Two Chinese startups, Hyperchain and China Xiong’an Group have unveiled a new distributed ledger technology (DLT) based donations tracking platform, to foster transparency and accountability in charity organizations amidst the coronavirus outbreak, reports TechInAsia on February 14, 2020. Fostering Transparency in Relief Material Distribution At a time when lack of...

Researchers at MIT Claim Blockchain-based Voting App Voatz Has Security Flaws

February 14, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

A team of researchers at Massachusetts Institute of Technology (MIT) have revealed that Voatz, a blockchain-based voting app that was used for the 2019 federal and state elections in Utah, West Virginia, and other areas. has major security flaws. As such, the team recommends that the app should not be...

IOST Partner Suterusu to Bring More Privacy to Its Ecosystem

February 14, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

IOST (IOST), a distributed ledger technology (DLT) project that claims to be focused on delivering the “Internet of Services,” has joined forces with Suterusu, a project that claims to function as a more transparent Zcash (ZEC), with smart contract support. The partnership promises to bring Layer-2 privacy protection to the...

Binance to Launch VeChain VET/USDT Perpetual Contract on Binance Futures

February 13, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Changpeng Zhao-led cryptocurrency exchange, Binance intends to launch VeChain (VET)/Tether (USDT) perpetual contract on its futures trading platform, Binance Futures. Also, users of Binance Futures who wish to trade the contract can choose between 1-50x leverage, according to a blog post on February 13, 2020. VET/USDT Perpetual Contract Live on Binance...

Coinbase Pro Launches Margin Trading in Select Jurisdictions

February 13, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Coinbase Pro, an evolution of GDAX that functions as a professional trading platform for individuals and institutions has announced the launch of its margin trading service. Eligible Coinbase Pro traders in 23 U.S. states will now enjoy up to 3x leverage on USD-quoted books, according to a blog post on...

Education and Blockchain: How Universities Utilize Immutability to Enhance Data Integrity

Binance, Mastercard, Ripple Xpring, Others Join Blockchain Education Alliance

February 13, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Binance, a leading cryptocurrency exchange, and Bitcoin trading venue, global payment processor, Mastercard, Ripple’s incubator arm, Xpring has joined the MouseBelt University Blockchain Education Alliance, an initiative that’s focused on raising thousands distributed ledger technology (DLT) developers in more than 80 student organizations around the globe, according to reports on...

FC Barcelona, Chiliz (CHZ) Launch Blockchain-Based Fan Engagement Program

February 13, 2020 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain

Spanish football giant, FC Barcelona, has partnered with Chiliz (CHZ) and Socios.com to launch a blockchain-based fan engagement program. The project will promote better interaction between the club and its millions of fans around the world, and allow fans to participate in the decision-making process of Barcelona FC through the...

National Bank of Egypt Taps Ripple’s DLT for Cross-Border Payments

February 12, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

National Bank of Egypt (NBE), the country’s oldest and largest bank in terms of assets, has inked a strategic partnership deal with Ripple, the San Francisco-based blockchain project in charge of XRP. The deal will enable NBE to tap Ripple’s blockchain technology for cross-border payments and remittances, according to reports...

Red Arrows Flying to Different Parts of the Globe

Bitcoin Payments Processor BitPay Partners Poynt to Expand Crypto Payments

February 12, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

BitPay, a leading Atlanta-based Bitcoin (BTC) payments processor established in 2011, has joined forces with Poynt, a Palo Alto-based point-of-sales (POS) terminal maker, to simplify crypto payments and make it available at more than 100,000 retail locations around the world, according to a Finextra report on February 11, 2020. Bitcoin...

U.K. FCA Orders Epayments Systems to Halt Operations Due to AML Concerns

February 12, 2020 by Ogwu Osaemezu Emmanuel at Regulation

The Financial Conducts Authority (FCA), the United Kingdom’s financial watchdog, has ordered Epyments Systems Limited, a licensed electronic money institution founded in 2011, to halt its operations until it fixes the loopholes in its anti-money laundering (AML) procedures, according to a statement by the firm on February 11, 2020. FCA...

IOST (IOST), Chinese Authorities Battle Coronavirus with Blockchain Technology

February 12, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

AIOU, a project in the IOST (IOST) ecosystem, has launched a blockchain solution named “Charity Information Disclosure Platform,” which aims to foster transparency and accountability in the processes of charity organizations in the wake of the deadly coronavirus that has taken over the Wuhan area of China and several other...

Huobi Joins Kakao’s Klaytn Blockchain Consortium Governance Council

February 11, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Huobi cryptocurrency exchange is now a member of the Klaytn blockchain governance council. The exchange, along with the 27 other member enterprises of the council, including LG Electronics, will be responsible for the smooth running of the network, to provide users with accessible blockchain-based solutions and promote Klaytn adoption globally,...

Coinbase Crypto Exchange Now Supports USDC and Zcash for New York Traders

February 11, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Coinbase, a leading United States-based bitcoin trading venue has announced that its New York customers can now buy, sell, convert and store Circle’s USDC stablecoin and the privacy-centric Zcash (ZEC) altcoin, according to a tweet published on February 10, 2020. USDC, Zcash Live on Coinbase New York Per a tweet...

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