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New BIS Chief: Bitcoin and Cryptocurrencies can Never Function as Money

July 9, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Finance, News

Bitcoin and altcoins are gradually going mainstream, with many governments of the world increasingly exploring its potentialities as a viable legal tender and equally building frameworks to protect investors. However, Agustín Carstens, the new chief of the Bank for International Settlements (BIS), sees cryptos quite differently. Bitcoin will Never Become...

EU Awards €20 Million to IOTA and CityxChange for Smart City Project

July 9, 2018 by Pratik Makadiya at Altcoins, Blockchain, Business, Finance, Investment, News, Tech

The smart city project +CityxChange has been awarded 20 million Euros by the European as part of the smart city lighthouse project. The project has been listed under the ‘Smart Cities and Communities’ section of the European Commission. EU’s efforts to bring a significant change has received every possible applaud...

Ethereum Developers Believe Many Blockchain Networks Will Work Together

Ethereum Developers Believe Several Blockchain Networks Will Work Together

July 9, 2018 by Joseph Young at Altcoins, Blockchain, Development, Ethereum, News

At TechCrunch Sessions: Blockchain held in Zug, Switzerland, which featured respected developers from the crypto community including Ethereum creator Vitalik Buterin, Parity Technologies CEO Jutta Steiner said that in the long-term, many blockchain networks would work together to optimize the process of processing and settling information. Mixed Network of Blockchains...

Leading Telecoms Firm Accelerating Blockchain Adoption in Europe

Introducing Remote Fintech Licensing- Lithuania Strives to Beat its Own Record

July 9, 2018 by Crypto Advocate at Blockchain, Business, Finance, News, Regulation

Whenever a company brings something innovative to an industry, that company is likely to be successful given that the innovative something works well. As such, Lithuania plans to set creative Fintech standards that will hopefully be adopted across the globe. Number one in the EU As countries continuously try to...

StellarX, Decentralized Trading Platform Launches with Promise to Enable Users Trade all Asset Classes

July 8, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Development, Exchange, News

StellarX - A revolutionary new decentralized trading platform which enables users to trade every asset class on the market was launched on July 5, 2018. The announcement revealed that in addition to crypto and fiat listings, users would also be able to trade bonds, commodities, and many more asset classes...

Bitcoin Mining Behemoth Bitmain now Worth $12 Billion, Invests in Opera Browser

July 8, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Business, Finance, Mining, News

The largest and most potent bitcoin mining firm on the planet, Bitmain has reached yet another significant milestone in its history. The ASIC manufacturer has now hit the $12 billion valuation mark after a successful Series B Financing round and has also pumped money into Opera Ltd., the makers of...

A world map displays cryptocurrencies in different jurisdictions as we examine ICO regulations globally

AML and KYC the Correct Tools for Widespread Cryptocurrency Acceptance

July 8, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation, Tech

Strict Anti-Money Laundering (AML) and Know-Your-Customer (KYC) laws need to be enforced for financial regulators and banks to consider cryptocurrencies as a legal tender, observes the Payments Source. Anonymity: A Boon or Bane? While cryptocurrencies have anonymity at the center of their ethos, several countries consider the lack of identity...

Status Announces Partnership with OmiseGo to Propel Cross-Chain Transactions and Financial Inclusivity

July 7, 2018 by contributor at Altcoins, Blockchain, Ethereum, Finance, News, Tech

Ethereum-based payments platform Status announced a partnership with financial solutions-provider OmiseGO (OMG) on July 6, 2018. The partnership will see Status integrate the latter’s decentralized exchange (DEX) within its chat application to enable interoperability and transactions for participants. Increasing Financial Inclusivity Status (SNT) was founded in 2017 and boasts of...

two hands touching a blue blockchain block

Business Applications of Public and Private Blockchains

July 7, 2018 by Crypto Advocate at Blockchain, Business, Cryptocyclopedia, Tech

While the increasing number of conferences are evidence of the growing number of use cases for blockchain technology, the key is understanding whether or not the innovation can actually help your company run more efficiently. One must first understand how a blockchain operates, and then they can learn how this...

Qualified Custodian Kingdom Trust Now Accepts ZCash and Stellar Lumens as Investments

July 7, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Business, Development, Ethereum, News, Tech

Kingdom Trust, a qualified custodian that specializes in unique custody solutions, announced it is now accepting Zcash (ZEC) and Stellar Lumens (XLM) to its list of acceptable cryptocurrency investments. Cryptocurrency Provide Diversification Opportunities Kingdom Trust is considered as one of the leading qualified custodians holding cryptocurrency investments. In addition to ZCash...

Cardano: Creating Real use Cases for Blockchain Technology Globally

July 7, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Development, News, Tech

At a time when some have questioned the usefulness of distributed ledger technology, with officials of the Bank of International Settlements even claiming that blockchain will crash the entire internet if it were to handle the kind of transactions traditional databases of apex banks process on a daily basis. However,...

House Always Wins: Binance to Earn up to $1 Billion in 2018

July 7, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Commentary, News, Regulation, Tech

The CEO of Binance, one of the world's largest and fastest-growing crypto exchanges, stated he expects net revenue of $500 million to $1 billion in 2018. CEO’s Overwhelming Optimism Despite the recent not-so-favorable situation in the crypto industry that has recorded billions of dollars in losses, crypto exchanges are still...

Movie on the Blockchain: Qtum-Powered “No Postage Necessary,” Purchasable with Bitcoin

July 7, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Blockchain, Business, News

From Finance to Entertainment down to the health sector, blockchain technology is blazing the trail. Arguably the first movie released using distributed ledger technology (DLT), "No Postage Necessary" – an indie comedy shot on a costly 35mm film is available for purchase with bitcoin and can be viewed via the...

Number of Blockchain Companies Accepted in FCA’s Regulatory Sandbox Rises

July 7, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, Development, News, Regulation

The London-based Financial Conduct Authority (FCA) has announced the names of companies selected to be a part of the fourth cohort of its regulatory sandbox. While the FCA had received 69 applications from prospective companies, it selected only 29 among them. The FCA provides financial and technical companies with a...

Netherlands’ Koopman Logistics Implements IBM Blockchain Technology

July 7, 2018 by Priyeshu Garg at Blockchain, News

Koopman Logistics, a transportation and logistics company based in the Netherlands, has become one of the first automotive transportation companies to implement IBM's blockchain technology. IBM’s Blockchain Technology Passes the Test with Flying Colors Blockchain technology is most commonly associated with cryptocurrency. As blockchain is the digital asset transaction ledger...

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