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China Turns to Blockchain to Leverage the Existing Charity Tracking System

September 12, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Finance, News, Tech

The Chinese continue to march forward in their mission to imbibe the blockchain technology into their economy, with the latest development being a Chinese government agency’s plan to utilize distributed ledger technology(DLT) for social services. Per an action plan published by the Chinese Ministry of Civil Affairs on September 10, 2018,...

Enjin Smart Wallet to Support Data Rich ERC-1155 and ERC-721Token Standards

September 12, 2018 by Guest Post at Altcoins, Blockchain, Business, Entertainment, Ethereum

Enjin (ENJ), the largest online gaming community creation platform is pleased to announce that the Enjin Smart Wallet will now support the data-rich ERC-1155 and ERC-721 tokens. The latest update released by Enjin will change the paradigm of the gaming industry, as gamers will now have complete authority and ownership...

Fake Media Partners and “Arbitrage Robots:” Colorado Cracks Down on Fraudulent ICOs

September 11, 2018 by Priyeshu Garg at Blockchain, Business, Investment, News, Regulation, Tech

Colorado Securities Commissioner Gerald Rome has continued the state’s fight against fraudulent ICOs, issuing three separate orders to suspicious ICO companies as part of the state’s crypto regulation drive. A press release from August 29, 2018, sheds a fascinating insight into the world of shady ICOs doing everything from promising...

Blockchain-Verified Evidence Now Admissible in Chinese Courts Following Supreme Court Decision

September 11, 2018 by Priyeshu Garg at Blockchain, Development, News, Regulation

The South China Morning Post on September 10, 2018, reported that where China has traditionally been dependent on third-party notary organizations for authenticating evidence, blockchain records are now admissible in Chinese courts as authorities set up one of the world’s most advanced resolution systems for internet-related disputes. China’s Internet Courts On...

Bitcoin Drops to One-Month Low as Silk Road Wallet Cashes Out: BTCManager’s Week in Review

September 11, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Development, Exchange, Investment, Mining, News

The price of bitcoin dropped by 12 percent week-on-week after a Silk Road-related wallet holding 111,114.615 BTC and BCH, among other forks, - worth over one billion dollars - moved coins for the first time in four years, which many took as a sign that the wallet holder was about...

China and Australia to Strengthen Blockchain Ties

September 11, 2018 by Cindy Huynh at Blockchain, Business, Finance, News, Regulation

A number of reputable Australian blockchain startups including Beam, AgriDigital, and Labrys, are currently visiting Shanghai to work on a trade mission led by Austrade and the Australian Digital Commerce. According to an article released on September 10, 2018, the Australian blockchain startups are in China to deepen their connection...

Australia: NSW State Government Launches a Blockchain-Based System for Digital Driver Licences

September 10, 2018 by Cindy Huynh at Blockchain, Business, Development, News, Tech

The Australian New South Wales Government will roll out the second trial for their blockchain-based digital driver license system in Sydney’s Eastern Beaches in November 2018. According to a ZDNet report released on September 10, 2018, over 140,000 residents in the area will be able to exchange their plastic driver’s license for...

Crypto-Friendly Belarus Seeking South Korean Investment for DLT, A.I. and Blockchain Startups

September 10, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Exchange, Finance, News, Tech

Eastern European nation, Belarus has made it clear its doors are open to international investors from South Korea and various regions to invest in its vibrant blockchain technology, artificial intelligence, and other ‘fourth industrial revolution' technologies industry, as first reported by Korea JoongAng Daily on September 6, 2018. Groundbreaking Blockchain...

TransferGo Banks on Ripple’s Blockchain Solutions for Indian Expansion

September 10, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, News, Tech

TransferGo, a digital payments solutions firm headquartered in London has announced that it has extended its remittance services to India. Per a press release published on September 5, 2018, TransferGo will serve its customers in India, enabling swift real-time remittances from “anywhere in Europe” with aid from Ripple’s blockchain solutions....

SEC Halts Trading of Bitcoin and Ether Security Products Due to “Market Confusion”

September 10, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Exchange, Finance, Investment, News, Tech

The Securities and Exchange Commission (SEC) has temporarily suspended the trading of two cryptocurrency investment instruments due to "confusion expressed amongst market participants," reported Reuters on September 9, 2018. The identification and labeling of the investment instruments were a big problem as it was unclear whether the products were exchange-traded...

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