Category: Business

While the world of blockchain technology and cryptocurrencies might be in its infancy currently, it has produced some of the most dynamic and influential leaders in recent times. Creating Information of Cryptocurrency Protocols Ethereum co-founder Vitalik Buterin, Binance chief Changpeng Zhao are some of the personalities who are spearheading the community towards a better tomorrow by leveraging the emerging technologies….

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The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon. China’s central bank has reportedly reiterated its warning on the use of cryptocurrencies through a newly…

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The Great Lakes Science Center, a famous American Museum which focuses on science, technology, engineering, and math (STEM) located in Cleveland, has recently accepted cryptocurrency as a form of payment. According to Crain’s Cleveland article published on November 9, 2018, the Great Lakes Science Center joins two other American Museums that also accept cryptocurrencies. American Museums Open Up To Cryptocurrencies…

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The Airline and Life Networking Token (ALLN), a blockchain of aviation and tourism industry created by Huafu Enterprise Holdings Limited and announced back in April 2018, has proved to be a major success, making it an unprecedented case in Taiwan’saviation, tourism, and economic industry, the company behind the technology announced in a press release on November 7, 2018. ALLN Networking…

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A group of large institutional investors in the U.S., including BlackRock Inc., a global asset management company with $6.3 trillion in assets under management, has sued 16 major banks accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market, Reuters reported on November 8, 2018. Major U.S. Banks Sued over Forex Price Rigging Some of the largest…

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Web Summit 2018’s attendees were in for a surprise this year when one of the world’s largest cryptocurrency wallets, Blockchain announced that it is airdropping $125 million worth of stellar lumens (XLM). This was just one of the highlights of Europe’s largest tech event, as it brought together leaders of emerging tech in an action-packed four-day congregation which comprised of…

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Binance, the world’s largest cryptocurrency exchange by market capitalization, recently introduced Binance Research, a new division designed to provide institutional-grade research reports on blockchain and cryptocurrency projects. According to Binance’s announcement published on November 9, 2018, the Binance Research analysis division will help boost transparency and improve the quality of information available in the cryptocurrency sector. Binance Introduces Binance Research…

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On November 8, 2018, Global cybersecurity firm NRI Secure Technologies (NRI ST) in collaboration with Ethereum-focused development studio ConsenSys has launched a new product dubbed Blockchain Security Monitoring Service.  The infant service will monitor and track vulnerabilities present in information systems and services that use blockchain technology. ConsenSys’ Role in This Venture To begin with, the product will be used…

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Kaleido, a startup that helps enterprises implement blockchain technology, has launched a new full-stack Ethereum marketplace platform in collaboration with ConsenSys and Amazon Web Services, the company announced in a press release on November 8, 2018. Kaleido Blockchain Marketplace with Plug-and-Play Services and Partnership Program Kaleido has announced the launch of the first full-stack platform with a marketplace of plug-and-play…

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Perkins Coie, the Washington-based international law firm that represents highly reputed organizations across a vast range of industries, has hired Kari Larsen, a former enforcement lawyer at the U.S Commodity Futures Trading Commission (CFTC), to its Blockchain Technology & Digital Currency industry group and Investment Management practice, according to a press release  by the firm on November 6, 2018. Kari…

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