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Canada Tightens Regulatory Oversight for Crypto Exchanges

January 17, 2020 by Ogwu Osaemezu Emmanuel at Regulation

The Canadian Securities Administration (CSA), the nation’s financial regulator has released new guidelines to govern crypto market participants in the country. The new guidelines require all bitcoin (BTC) trading venues and crypto exchanges to come under its purview and operate in total compliance with securities law, according to a Finance...

Turkish Central Bank Creates Platform to Research Benefits of Launching the Digital Lira

Turkey’s Gold-Backed BiGA Cryptocurrency Now Fully Functional

January 17, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Turkey’s gold-backed cryptocurrency, BiGA is now fully functional, with several financial institutions in the region, including Albaraka Turk, Kuveyt Turk, and others, already transacting with the digital asset, according to a Finextra report on January 17, 2020. Turkish Banks Integrate BiGA Turkey’s top lender, Istanbul Clearing, Settlement and Custody Bank...

IBM and UBS Partner with German Car Producer to Develop Blockchain-Based Payment Solutions

IBM’s TradeLens Blockchain Solution Embraced by the Global Maritime Industry

January 17, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

TradeLens, the distributed ledger technology (DLT) based supply chain and logistics platform developed by IBM and Maersk, is fast gaining traction across the maritime ecosystem, with a good number of ports around the world already integrating the solution into their processes, reports The Maritime Executive on January 17, 2020. TradeLens...

Anchorage Acquires Merkle Data, Launches Institutional-Grade Bitcoin Trading Platform

January 16, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Anchorage, a digital assets custodial service provider for institutional investors, has announced the acquisition of Merkle Data, and the launch of Anchorage Trading, a crypto brokerage platform that will allow its clients to buy and sell bitcoin (BTC) and altcoins straight from Anchorage’s vaults through expert traders, without needing to...

Sacramento Kings Becomes the First Sports Team to Mine Ethereum to Support Locals

U.S.: NBA’s Sacramento Kings Launch DLT-Based Auction Platform

January 16, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Sacramento Kings, a multiple award-winning American professional basketball club has joined forces with Joseph Lubin’s ConsenSys, an Ethereum-powered startup that claims to be solving real-world problems with blockchain technology, to launch a distributed ledger technology (DLT) based live bidding auction platform, according to a blog post on January 15, 2019....

This U.S. Based Organization is Helping the Military Adopt Blockchain Technology

January 16, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Value Technology Association (VTA), a Washington D.C.-based advocacy organization launched in June last year, has revealed that it's responsible for bringing blockchain technology into the consciousness of the Department of Defense (DoD). The latter will present a report concerning the benefits of distributed ledger technology (DLT) to Congress later this...

IOTA (MIOTA) Launches Experimental Crypto Wallet Dubbed 'Spark'

IOTA (MIOTA) Set for Widespread Adoption by Top German Software Firm

January 16, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Software AG, a Germany-based multinational enterprise-grade software provider established in 1969, has announced that it’s looking to massively integrate IOTA (MIOTA) distributed ledger technology (DLT), the MIOTA altcoin, Tangle, Qubic, and its other solutions into its operations this year, according to reports on January 14, 2019. IOTA (MIOTA) Gets a...

DigiByte Founders Meet U.S. Authorities for Wider Blockchain Adoption

January 15, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Jared Tate, the founder of DigiByte (DGB), one of the oldest and genuinely decentralized blockchain projects, has met with the United States government in Washington DC concerning distributed ledger technology (DLT). Rudy Bouwman, Vice-Chair of the DigiByte Foundation has predicted that 2020 will be the year for blockchain to go...

QuadrigaCX: FBI Collaborating with Suspected Victims to Solve the Mystery

January 15, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The United States Federal Bureau of Investigation (FBI) has finally contacted some of the bitcoin (BTC) traders who lost their hard-earned money to QuadrigaCX and is now working with them to dig up more facts concerning the exchange’s collapse, according to reports on January 14, 2020. FBI Sends Emails to...

Eating a delicious blockchain burger blue

IBM and Chef Sanchez Demo Food Traceability Blockchain at CES 2020

January 15, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

IBM, the 109-year-old tech firm that has metamorphosed into a distributed ledger technology (DLT) big whale, demonstrated how its blockchain-powered Food Trust Project is fostering transparency and eliminating adulteration in the food supply chain ecosystem, according to reports on January 15, 2020. Food on the Blockchain At a time when...

Cardano (ADA) Launches Shelley Networked Testnet

Cardano (ADA) Developers Set to Patch Bugs in Testnet Ahead of Shelley Launch

January 14, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Input-Output (IOHK), the research and development arm of decentralized public blockchain and cryptocurrency project, Cardano (ADA) is planning to release a network patch for its incentivized Testnet (ITN) in a bid to offer more network stability, according to an Elevenews report on January 13, 2020. IOHK to Deliver Network Patch...

Wisdomtree Looks to Expand Its Crypto Push with SEC-Approved Stablecoin

January 14, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Wisdomtree Investments, Inc. a heavyweight United States-based exchange-traded fund sponsor and asset manager with over $41 billion in asset under management, has announced plans to launch its own stablecoin. The firm says the non-volatile digital currency will be regulated by the Securities and Exchange Commission (SEC) and backed by a...

NEM (XEM) Community Commences Voting Process for SYMBOL Ticker

January 14, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

NEM (XEM), a leading peer-to-peer cryptocurrency and distributed ledger technology (DLT) project that has been in existence since 2015, has announced that members of its community can now choose their preferred ticker for the SYMBOL enterprise-grade blockchain solution powered by Catapult. The voting process is scheduled to run from January...

South Korea: Hacked Crypto Exchange Upbit Finally Resumes ETH Deposits and Withdrawals

January 14, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Upbit, a top South Korea-based cryptocurrency exchange that lost $51 million worth of ether (ETH) to hackers last year, has announced that it has resumed deposits and withdrawals for the altcoin, reports Business Korea on January 14, 2019. Upbit Moves On After Massive Ether Hack Cryptocurrency exchange hacks and heists...

Nervos Unveils $30M Grant Program to Attract Developers to Its DLT Network

January 13, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Nervos Network (CKB), a multi-asset, store of value blockchain network established in 2018, has rolled out a $30 million public grants program to motivate individuals, teams and blockchain projects to build applications upon its permissionless layer one distributed ledger technology (DLT) platform dubbed the Nervos Common Knowledge Base (CKB), reports...

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