Tag: business

Living up to its new year’s resolution to support promising projects that were developed on their blockchain technology, the Ethereum Foundation announced that it has completed grants of its fourth leg of its Grants programme Wave IV, by providing nearly $3 million to over 20 projects. Scalability and Usability While the foundation has selected its grantees from five different categories…

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Korean cryptocurrency exchange Bithumb, the largest in the country by daily trading volume, has sold a 38 percent stake in its business for $354 million to a Singaporean investment group, reported Reuters on October 12, 2018.  Bithumb Sells Stake to Plastic Surgeon BK Global Consortium purchased 50 percent plus one share in Bithumb’s largest shareholder BTC Holdings for 400 billion…

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Business media giant Forbes has partnered with Civil, a blockchain-based firm, with the intention of using a decentralized network to publish content, the company’s co-founder Matt Coolidge announced in a press release on October 9, 2018. Forbes Becomes the First Major News Organization That Embraced Civil Civil, an Ethereum-based platform that promises a comprehensive solution to create a decentralized marketplace…

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Vietnam – Crypto EXPO Asia goes live on November 24, 2018 and Windsor Plaza Hotel hosts the world of blockchain and bitcoins for one day only. Crypto EXPO Asia space will be filled with exhibitor booths and seminar halls where everyone will get an opportunity not only build the network but explore the phenomena of crypto world itself and get…

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Binance, one of the world’s fastest growing and popular cryptocurrency exchanges made a sudden announcement to their listing fees. According to a Medium post published on October 8, 2018, the exchange will begin to disclose cryptocurrency listing fees and donate all funds to charity. Size Doesn’t Influence Binance’s Listing Review Process According to Binance’s new listing fee policy, not only…

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The UK’s oldest bitcoin exchange Coinfloor is about to slash its staff numbers in a blow to bitcoin as well as London’s blooming cryptocurrency industry, Financial News reported on October 8, 2018. A Setback for the U.K.’s Fintech Industry Coinfloor, the U.K.’s oldest bitcoin exchange established in 2013, is in the process of slashing most of its approximately 40 employees….

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Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real estate sector, the supply chain,…

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International banking providing Aon will now offers insurance for four cryptocurrencies offered by Gemini, the Winklevoss Brothers’ owned cryptocurrency exchange and custodian, as per an official announcement on October 3, 2018. Gemini Increases Credibility The New York-based entity is taking huge strides as a credible player in the rising crypto-finance market, the likes of which is dominated by rival exchange…

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Announced September 28, 2018, at the Blockchain Game Summit held in Lyon, France many of the brightest minds from the gaming industry and blockchain sector have formed the Blockchain Gaming Alliance (BGA). Members of this newly founded group aim to follow blockchain technology’s integration within gaming. Gaming Alliance Details The total roster includes members from B2expand, Ubisoft, Consensys, Alto, fig,…

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Opera browser has partnered with the blockchain advisory and financial services firm, Ledger Capital to accentuate the development of DLT-based applications and enable further growth in the technology. This was announced via press release, published on September 28, 2018. Explore Novel Blockchain Applications In a bid to expand its product portfolio in the blockchain space, Opera, the world’s fifth largest…

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