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JPMorgan’s Automotive Subsidiary Taps Blockchain Technology for Vehicle Tracking

November 25, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Chase Auto, the car financing subsidiary of JPMorgan Chase, the largest bank in the United States, has submitted a patent application to use a blockchain-based system in tracking the inventory offered to its car dealers, thereby eliminating any inefficiencies in auditing a car dealer's inventory, reports Pymnts, November 24, 2019....

DX.Exchange Employees Press to get the Firm Dissolved

November 25, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

According to reports from Israel on November 24, 2019, 78 current and ex-personnel of the Israeli firm behind DX.Exchange, many of whom are former employees of the FBI-raided company, SpotOption, have petitioned to have their employer dissolved. Disgruntled Employees The Israeli company backing cryptocurrency exchange DX.Exchange is undergoing bankruptcy proceedings...

Binance Crypto Exchange to Drag Crypto News Site to Court over Fake News

November 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Changpeng Zhao, CEO of Binance cryptocurrency exchange, has vowed to sue The Block Crypto, a cryptocurrency news website for reporting that Binance's office in Shanghai was shut down abruptly after a police raid. CZ believes that the news contributed partly to bitcoin's most recent price slump, reports Micky on November...

two hands touching a blue blockchain block

IBM, VetBloom Transforming Veterinary Medicine with DLT

November 22, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

IBM, a provider of highly functional enterprise distributed ledger technology (DLT) solutions, has joined forces with VetBloom, a platform established by Ethos Veterinary Health, for the application of blockchain technology for learning credentials in the veterinary industry, reports Enterprisetimes on November 21, 2019. Veterinary Medicine Metts Blockchain In a bid...

Summary of Catapult Migration and Tokenomics Proposal For NEM Community POI Vote

NEM (NEM) Releases Fresh Update on Its Catapult Protocol Development

November 22, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

NEM Foundation, the Singapore-based non-profit organization responsible for developing and promoting the NEM blockchain network, has released a fresh update concerning the proposed Catapult protocol which is scheduled to go live in 2020, according to a blog post on November 2, 2019. Repositioning NEM for Enterprise Adoption Since making its...

DigiByte (DGB) Launches own Foundation to Empower Community Members

DigiByte (DGB) Now Live on DigiFinex Cryptocurrency Exchange

November 22, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

DigiByte (DGB), the native altcoin of the DigiByte distributed ledger technology (DLT) project is now supported on DigiFinex crypto exchange. DigiFinex users can now trade the DGB/USDT pair and the exchange has hinted that it's conducting a token airdrop to reward new users, according to a blog post on November...

China’s Second-Biggest Bitcoin Mining Equipment Manufacturer Raises $90M in U.S. IPO

November 21, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

China-based bitcoin mining equipment maker, Canaan Creative raised $90 million in its U.S. Initial Public Offering (IPO), after selling the IPO shares at the bottom of its marketed range, reports Bloomberg on November 21, 2019. Canaan Creative Raises $90 Million at IPO Per the report, Canaan Creative was able to...

Spaceman making his way to Binance Venus

Changpeng Zhao’s Binance Crypto Exchange Expands to India

November 21, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

As part of its strategy to have a presence in every part of the world, the world’s number one cryptocurrency exchange, Binance has announced the acquisition of India’s WazirX exchange for roughly $10 million. The deal will enable Binance to offer residents fiat-to-crypto trading and more, reports Economic Times on...

United States: FinCEN says Crypto Exchanges must Share Customer info by June 2020

November 20, 2019 by Ogwu Osaemezu Emmanuel at Regulation

As part of efforts to curb the use of blockchain-based virtual currencies for unlawful activities such as money laundering, the United States Financial Crimes Enforcement Network (FinCEN) has mandated all money services businesses (MSBs) such as Bitcoin (BTC) trading venues to start transmitting certain customer info for transactions up to...

Winklevoss’ Gemini Exchange Acquires Crypto Collectibles Startup, Nifty Gateway

November 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Gemini, a regulated bitcoin (BTC) trading venue and cryptocurrency exchange run by the Winklevoss twins, has announced the acquisition of Nifty Gateway, a platform that makes it possible for anyone to buy and manage non-fungible tokens also known as crypto-collectibles, according to a blog post on November 19, 2019. Gemini...

Kava Labs (KAVA) Announces Token Buyback Program

November 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Kava Labs (KAVA) a distributed ledger technology (DLT) project that claims to be focused on accelerating the growth of decentralized finance (DeFi), is set to organize a token buyback program that would remove $1.5 million worth of its native KAVA tokens from the retail market and further boost the price...

Bitcoin Lottery Platform Partners with English Premier League Team, the Wolverhampton Wanderers

November 19, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Crypto Millions Lotto, a platform that claims to be the world’s largest bitcoin-powered lottery, has signed a partnership deal with Wolverhampton Wanderers (Wolves), a top English Premier League (EPL) football club, according to a press release on November 19, 2019. Football Meets Crypto Lottery In a bid to significantly increase...

PundiX (PXS) Blockchain Project Inks Deal with the Government of Cyprus

November 19, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

PundiX (PXS), a distributed ledger technology (DLT) platform that claims to be dedicated to transforming retail businesses with its blockchain-based point of sale solutions, and Borghese Ventures, a Cyprus-based artificial intelligence (AI), are partnering with the government of Cyprus, for the integration of DLT and AI into several sectors of...

China National Blockchain Network Goes Live April 2020

China’s PBoC Official Educates the Public on Cryptocurrencies and Facebook’s Project Libra

November 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019. Mu Talks About Libra ...

Venezuela to pay Christmas Bonuses with a Contraversal Cryptocurrency, the Petro

November 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

As hyperinflation continues to ravage the Venezuelan economy, President Nicolas Maduro has hinted that the Christmas bonus of retirees and pensioners in the country will be paid in petro (PTR), Venezuela’s national crypto. This according to a tweet by a local news source, Venepress on November 17, 2019. Crypto Reigns...

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