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BITCOIN PRICE: 3,195.44     HIGH: 3,230.00     LOW: 3,122.28

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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Category: Business

Stablecoin Startup Basis Shuts Down Eight Months after Raising $133 Million

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Regulation, Tech

Stablecoin Startup Basis Shuts Down Eight Months after Raising $133 Million

According to an article published by Bloomberg, on December 13, 2018, Basis, a stablecoin startup funded by the likes of Bain Capital Ventures, and Andreessen Horowitz has decided to call it a day due to the persistent ambiguity regarding classification of digital currencies as securities. Crypto Industry in Dire Straits Since November 2018, the cryptocurrency industry has been on a…

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Bear-Resistant: Blockstack Reaches “Milestone 1,” Unlocks $25 Million

Category: Altcoins, Blockchain, Business, News, Platform, Tech

Bear-Resistant: Blockstack Reaches “Milestone 1,” Unlocks $25 Million

Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds would be put to use. Building a Fully Decentralized Internet…

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Blockchain-based Payments and Invoicing System Comes to China’s Shenzhen Port

Category: Adoption, Blockchain, Business, News

Blockchain-based Payments and Invoicing System Comes to China’s Shenzhen Port

The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December 13, 2018. WeChat Powers Administrative Move Partnering with Chinese technology…

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Report: Australia Ranks Sixth in Blockchain Related Patents

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Report: Australia Ranks Sixth in Blockchain Related Patents

According to an article by Computer World, published on December 13, 2018, Australia ranks sixth globally regarding blockchain technology related patents. The report posits that China is leading the patents race with 1520 patent families filed till date. The Asian economy is followed by the U.S., which has 773 deposited patents to its credit. Australians Catching up on the Blockchain…

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Coinbase Empowers Venezuelan Families With Cryptocurrencies During the Xmas Period

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Coinbase Empowers Venezuelan Families With Cryptocurrencies During the Xmas Period

Popular cryptocurrency exchange Coinbase recently donated $10,000 in ZCash (ZEC) to support the GiveCrypto.org project located in Santa Elena de Uairen by the Venezuelan border. According to Coinbase’s Medium blog post published on December 11, 2018, the digital exchange believes that donating cryptocurrencies will provide Venezuelan families many benefits which include cross-border accessibility, ease of payments, and access to real-time…

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Bail Bloc Is Mining Monero (XMR) to Help Bail out ICE Detainees

Category: Altcoins, Blockchain, Business, Crime, News, Platform, Tech

Bail Bloc Is Mining Monero (XMR) to Help Bail out ICE Detainees

The news outlet Observer reported on December 12, 2018, that Bail Bloc would be directing their Monero mining contributions to bail migrants out in ICE detention facilities. The “cryptocurrency scheme against bail” is partnering with the Immigrant Bail Fund to help the roughly 44,000 detainees finance their indemnity. ICE and the Ethics of Bail Following the massive influx of economic…

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IBM Developing Blockchain-Based Solutions to Transform India’s Telecoms Sector

Category: Adoption, Blockchain, Business, Development, News, Regulation

IBM Developing Blockchain-Based Solutions to Transform India’s Telecoms Sector

Distributed ledger technology (DLT) heavyweights IBM is reportedly working with Indian telecommunications firms to help them create blockchain solutions aimed at enhancing “mobile number portability” and “Do Not Call” registries, according to an Economic Times report on December 12, 2018. IBM Creating DLT Solution for India’s Telecoms Per sources close to the matter, IBM is collaborating with Indian telecommunications companies…

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Global Maritime Industry Firms Launch Blockchain Platform for Certification of Seafarers

Category: Adoption, Blockchain, Business, Finance, News, Platform

Global Maritime Industry Firms Launch Blockchain Platform for Certification of Seafarers

Lloyd’s Register Foundation, a U.K.-based charity organization, has funded a blockchain solution that will enable firms in the maritime industry, including Maersk Line, Maritime Blockchain Labs (MBL), and others to carry out a host of operations via distributed ledger technology (DLT),  including verification of safety documentation and seafarers certificate depository management, reported the Loadstar on December 11, 2018.   Blockchain…

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Ethereum-Based Opera Browser Hopes to On-Board Web 3.0 Users

Category: Altcoins, Blockchain, Business, Ethereum, News, Platform, Regulation, Tech

Ethereum-Based Opera Browser Hopes to On-Board Web 3.0 Users

On December 13, 2018, Opera finally announced the launch of their blockchain-based web browser at Hard Fork Decentralized in London. At the conference, the team described the technical features included in the release as well as how it fits in with a broader vision for a Web 3.0. Built-In Wallet and Ethereum In August 2018, BTCManager reported on the firm’s…

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OneGold Partners with BitPay to Enable it Accept Cryptocurrency Payments for its Precious Metals

Category: Altcoins, Bitcoin, Business, Development, News

OneGold Partners with BitPay to Enable it Accept Cryptocurrency Payments for its Precious Metals

OneGold, an online marketplace that makes it possible for people to buy, sell, store, and redeem precious metals, has joined forces with BitPay, a leading Bitcoin payments processor, to enable it access bitcoin (BTC) and bitcoin cash (BCH) payments for its products, according to a press release on December 11, 2018. Bitcoin for Gold and Silver Established by APMEX and…

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