#Blockchain

Cryptocurrency Exchange Huobi Creates a Communist Political Commitee

November 19, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Exchange, Finance, News, Platform, Tech

Huobi, the third largest cryptocurrency exchange platform by trading volume has set up a communist party committee; a moved dubbed as a “milestone” by the company founder, reports South China Morning Post, November 19, 2018. Political Arm Set Up by Huobi Subsidiary Beijing Lianhuo Established in April 2018 with an...

Chinese Startup Cobo Builds Ultra-Secure Bitcoin Hardware Wallet That Self-Destructs If Hacked

Stop Using “Transactions Per Second:” Bitcoin’s More Than That

November 19, 2018 by Nigel Dollentas at Bitcoin, Blockchain, Business, Finance, News, Platform, Tech

While bitcoin serves many functions, one its most substantial uses is as a payment system. Typically the metric that has been used to compare Bitcoin to companies like VISA, Paypal, or even newer blockchains that tout higher transaction capacity, is through how many transactions the system can handle, usually seen...

Initial Coin Offering Case Ends In Guilty Plea As Man Admits to Lying

November 19, 2018 by Cindy Huynh at Altcoins, Blockchain, Crime, News, Platform, Tech

A fraud prosecution case in the United States (U.S.), involving initial coin offerings (ICO) recently ended in a guilty plea. According to a Bloomberg article published on November 15, 2018, the guilty man, Maksin Zaslavskiy, admitted to the U.S. judge that he had raised millions in investment and lied to approximately 1,000...

Man Pulling Wheelie Suitcase to City Kin

Payments Platform Kin Announces Token Migration from Ethereum to Custom Stellar Fork

November 19, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Ethereum, News, Tech

The Kin project, launched by the developers of cross platform messaging app Kik, has announced that it will be completely moving away from the Ethereum blockchain in favor of Stellar. In a blog post released November 14, 2018, the project’s Blockchain Team Lead Gadi Srebnik wrote, “Apps are coming online...

Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme

November 17, 2018 by Cindy Huynh at Bitcoin, Blockchain, Business, News, Platform, Tech

Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7.8 billion yen (approximately $68.42 million). According to Japanese News company Asahi Shimbun on November 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial...

China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City

November 17, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Ethereum, News, Platform, Tech

Ping An Insurance Group, a highly reputed China-based insurance corporation has joined forces with the Sanya municipal government to develop a “smart city” that would be powered by blockchain technology, artificial intelligence (AI) and other new technologies,” according to a local news source, People’s Daily on November 14, 2018. Strategic...

Coinmine Launches Plug-And-Play Home Crypto Miner That Anyone Can Use

November 17, 2018 by Alex Lielacher at Bitcoin, Blockchain, Business, Ethereum, News, Platform, Tech

Blockchain startup Coinmine has announced the launch of its innovative new cryptocurrency mining device. The device is a combination of hardware and software, which is designed to bring ease of use to digital currency mining so that anyone can mine crypto from home. One-Click Mining Setup The Los Angeles-based startup...

Bitstamp Announces Support for Bitcoin Cash by December

The Immediate Future of Bitcoin Cash: Hard forks and Uncertainty

November 17, 2018 by Rahul Nambiampurath at Bitcoin, Blockchain, Finance, News, Platform, Tech

For perhaps the first time since its inception, the Bitcoin Cash community is split over a hard fork scheduled to take place on November 15, 2018. A hard fork is what happens when different groups of individuals have opposing viewpoints on how a particular piece of software should be designed....

BitGo Adds Support For Stablecoins; Set Sights on Listing 100 Cryptos and Tokens by the End of 2018

November 17, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, News, Platform, Tech

BitGo, a California-based blockchain security firm, digital assets wallet provider and custodian has announced it's now supporting the major stablecoins currently on the market, including Circle’s USDCoin (USDC), Gemini Dollar (GUSD), Paxos Standard Token (PAX), and more, according to a Finance Magnates report on November 15, 2018. BitGo Targets the...

IBM to Develop a Blockchain-Based Solution for Scientific Researchers

CLS Foreign Exchange Settlement Platform Partners IBM for Blockchain-Based Netting Service

November 17, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, News, Platform, Tech

Continuous Linked Settlement (CLS ), a New York-based financial institution that facilitates settlements for foreign exchange (FX ) firms is set to utilize IBM blockchain platform for handling its netting services, reported Computer Business Review on November 14, 2016. CLS Joins Blockchain Technology Bandwagon CLS, the world’s leading foreign exchange (FX)...

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