#business

Oscar Mayer Launches Bacon Cryptocurrency, the Sizzling Bacoin

May 2, 2018 by Samantha Chang at Altcoins, Bitcoin, Business, News

Oscar Mayer, the hot dog company, is bringing home the bacon with the launch of its porcine cryptocurrency, the “Bacoin.” The Bacoin is “the first-ever cryptocurrency backed by the gold standard of Oscar Mayer Bacon,” the company boasted. Meet Bacoin’s Architect: Keith Sizzle “Similar to other cryptocurrencies, the value of...

Australian Stock Exchange to Implement Blockchain Technology by 2020

May 1, 2018 by contributor at Blockchain, Business, Finance, News

The CHESS clearing and settlement system that was being used by the Australian Securities Exchange (ASX) is edging closer to being replaced by a distributed ledger-based option. Paper Details CHESS Replacement The ASX released an 87-page consultation paper which talks about the timeline of the switch and a detailed description...

China May Soon Dominate Blockchain Market: Aims To Overtake USA

May 1, 2018 by Samantha Chang at Blockchain, Business, News, Tech

Move over, USA? China may soon be the big dog on the blockchain market. China is positioning itself as the dominant player in blockchain after taking over the number one spot for the most number of blockchain patents. “This technology has the potential to have a great impact on everything...

MJAC and CryptoCompare Announce London Blockchain Summit

May 1, 2018 by Guest Post at Press Releases

Showcasing pioneers, innovators and thought leaders of the blockchain industry. The CryptoCompare & MJAC London Blockchain Summit will take place in Old Billingsgate, London on June 13. CryptoCompare, one of the foremost websites in the world for information on digital currencies, has teamed up with ADVFN and MJAC Disruptive Investment...

Bitcoin Continues Rally for Third Week in a Row, Eyeing the $10,000 Mark: Week in Review May 1

May 1, 2018 by Alex Lielacher at News Digest

The crypto asset market rallied for a third straight week with the price of bitcoin gaining another six percent week-on-week to close at $9,400 on Sunday, April 29. The bulls are definitely back, and this is not only reflected in the 30 percent rally in bitcoin since the start of...

Coinbase’s Bitcoin App Trends at Top Spot for Apple Users

Bitcoin Exchange Coinbase Claims $8 Billion Valuation

April 30, 2018 by Kieran Smith at Altcoins, Bitcoin, Business, Ethereum, News

Following the acquisition of Earn.com, Coinbase has valued itself at about $8 billion. How Much Is Coinbase Really Worth? Coinbase is reported to have acquired paid messaging service Earn for a figure of around $100 million earlier this month. Earn’s investors were said to have been paid in cash for...

Binance is now the Largest Cryptocurrency Exchange and Faster Ever 'Unicorn'

Binance Signs MoU With Bermudian Government to Focus on Blockchain Education

April 30, 2018 by contributor at Altcoins, Bitcoin, Business, Ethereum, Finance, News, Regulation

Education regarding fintech and blockchain startups is essential for facilitating the oft-mentioned “blockchain revolution.” To fuel this particular movement, David Burt, Premier and Minister of Finance of Bermuda, signed an MOU with Binance Group that will see the latter funding education programs related to the much-needed topic. Much Needed MOU...

Sweep that Dust into BNB Tokens with the New Binance Broom

April 30, 2018 by Kieran Smith at Altcoins, Bitcoin, Business, Ethereum, Finance, News, Tech

Binance has started its spring cleaning, releasing a new tool on April 23, 2018, allowing traders to exchange dust for Binance tokens (BNB). What is Dust? Dust is a colloquial term that refers to the dregs of a trade—the useless leftovers which are below the minimum amount needed to withdraw...

Riot Blockchain is Mining Bitcoin Cash and Automatically Converting it into Bitcoin

April 30, 2018 by Nuno Menezes at Altcoins, Bitcoin, Business, Mining, News

Riot is a Colorado-based blockchain tech company that recently came public with its 2017 financial report. In fact, the company revealed that from now on it will turn its financial results reports public. Riot is a Nasdaq-listed firm that has invested a lot in mining. The company reported to have...

ZenCash Added to Digital Currency Group’s ‘Conviction List,’ Joins Bitcoin, Ether Classic and Zcash

April 30, 2018 by Jamie Holmes at Altcoins, Business, Commentary, News

On April 25, ZenCash was added to the ‘conviction list’ of Digital Currency Group (DCG), a venture capital firm with over 90 investments in the blockchain and cryptocurrency space. ZenCash, a fork of Zclassic, which itself is a fork of Zcash, is an up and coming digital currency focusing on...

5 Reasons to Invest in Paymon

April 30, 2018 by Guest Post at Press Releases

Paymon is an IT company devoted to improving blockchain technologies. After the first round of ICO on March 5, the startup took up developing its own blockchain and cryptocurrency; PMNC (Paymon Coin). At the moment, Paymon is conducting the second round of ICO that ends on May 3. So, here...

Etherisc to Roll Out Decentralized Insurance Application on Ethereum for Puerto Rico

April 30, 2018 by Rahul Nambiampurath at Ethereum, Finance, News

Over the years, Puerto Ricans have reportedly become frustrated with delayed and inefficient payouts from insurance companies. A new decentralized insurance application built on the Ethereum blockchain may soon change all of that though. A more transparent insurance system is perhaps the best news for the region since Hurricane Maria,...

IBM Helps Jewelers to Avoid Blood Diamonds with Blockchain

April 30, 2018 by Priyeshu Garg at Blockchain, Business, Finance, News, Tech

Dealers in gold and diamonds such as Richline Group Inc jointly announced with IBM on April 26, 2018, that the consortium will be developing watertight source material tracking using blockchain technology. Blood diamonds and other illicitly produced stones and minerals will be traced from source to attempted retail sale through...

Cake Wallet Receives Seal of Approval from the Monero Project

April 30, 2018 by Jamie Holmes at Altcoins, Finance, News, Tech

If you’ve been into Monero (XMR) for a while, you’ll know that there was a time when mobile wallets were non-existent. As the ecosystem grows and begins to thrive, a wallet for iOS devices has emerged and recently won over the Monero Core team. Monero Wallets are Beginning to Blossom...

National Bank of Egypt Joins 200 Financial Institutions in the ‘R3 Blockchain Alliance’

April 29, 2018 by Rahul Nambiampurath at Blockchain, Business, Finance, News, Regulation

In a bid to encourage cryptocurrency and blockchain adoption in Egypt, the National Bank of Egypt (NBE) announced that it has joined the R3 Blockchain Consortium on April 22, 2018. R3 is a software enterprise firm that is working closely with over 200 financial institutions to develop its blockchain platform...

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