#business

Blockchain-based Systems Should be Exempt from the EU’s General Data Protection Regulations (GDPR)

April 10, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News, Tech

In this our fast-paced information age where companies like Facebook are making billions of dollars by selling people's information to third-parties, the GDPR is an excellent tool to cure the ‘madness' of centralized systems. However, experts have suggested that data stored on distributed ledgers should be exempted from this new...

IOT Group and Hunter Energy Partner for an Energy Hungry Blockchain Center

April 10, 2018 by Cindy Huynh at Blockchain, Business, Mining, News, Tech

ASX-listed IOT Group partnered with Hunter Energy through a binding agreement to develop a Blockchain Application Center adjacent to a power station. The Initiative is to explore and gain exposure to the rapidly growing area of the Internet of Things (IoT). Blockchain Application Center Initiative Hunter Energy is currently working...

Salesforce to Develop New Blockchain Product by Quarter 3

April 10, 2018 by Cindy Huynh at Blockchain, Business, Commentary, News, Tech

During a joint interview at the TrailheaDX Salesforce Developer Conference on March 28, 2018, Salesforce CEO Marc Benioff and co-founder Parker Harris revealed that they are currently working on a new blockchain-based product. Strategic Importance for Salesforce’s Product Lines Benioff mentioned that by having a simple conversation at a cryptocurrency...

Reality Shares to Launch Blockchain ETFs Focused on the Chinese Market

April 10, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation, Tech

Reality Shares, the world’s first company to provide bitcoin ETFs, aims to introduce another blockchain-focussed fund on the Nasdaq Stock Market. The fund would invest in, and track growth of, the promising Chinese blockchain market. New Markets, New Opportunities Earlier in 2018, Reality Shares made headlines when it announced the...

Investors Shy Away from ICO to Fund Plaza Hotel Purchase

April 10, 2018 by Priyeshu Garg at Altcoins, Business, Finance, ICO/IEO, News, Regulation

It can be argued that Initial Coin Offerings (ICOs) have become popular crowdfunding means not just within the crypto community but in the mainstream world of finance as well. 2017 saw an astronomical increase not only in the number of crypto fundraising platforms but also in the amount of capital...

Bitcoin Has A Future, Says Banker Who Predicted $100,000 BTC

April 9, 2018 by contributor at Bitcoin, Commentary, News

One of Hong Kong’s cryptocurrency entrepreneurs and confessed 'corporate refugee,' Dave Chapman, believes that the digital currency space is here to stay. As a blockchain evangelist, Chapman thinks that all bitcoin (BTC) holders who are skeptical about the digital currency, owing to its erratic price volatility, should step aside and...

Investment Banker leaves Credit Suisse to Advise ICO Startups

April 9, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Finance, News

Credit Suisse Investment banker Brian Wirtz, known for his optimistic perspective on blockchain technology and the cryptocurrency industry, is leaving the company after five years. Wirtz decided to quit Credit Suisse to start a new venture that advises ICO startups. According to CCN, Wirtz was interested and became involved with...

Everything You Must Know About Bitmain’s ASIC Miner For Ethereum

Vitalik Buterin Rebuffs Proposal for Hard Fork to Act Against Ethereum ASICs

April 9, 2018 by Kieran Smith at Commentary, Ethereum, News, Tech

In a recent bi-weekly developer meeting, Ethereum co-founder Vitalik Buterin has come out against the proposal for a hard fork that would disable Ethereum ASICs. The hard fork proposal would mean the blockchain changes its software to limit the performance of ASIC mining hardware, which is designed to yield the...

The Mexican Government To Pilot Run A Blockchain System

April 9, 2018 by contributor at Altcoins, Blockchain, Business, Finance, News, Regulation

Mexican government has been steadily working on a project to keep track of bids for public contracts with the aid of blockchain technology, a government official disclosed on Tuesday. Yolanda Martinez, Mexico’s national digital strategy coordinator, disclosed the government’s project “Blockchain HACKMX” at a technology conference in Jalisco. The project...

Rockefeller-backed Venture Firm Venrock to Start Investing in Bitcoin, Altcoins

April 9, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, News

Venrock, the venture capital firm backed by the Rockefeller family, is throwing its weight behind the cryptocurrency and blockchain industry. And this is not mere speculation as one of the firm’s partner has gone on record suggesting that Venrock is keen on riding the crypto wave. In fact, the firm...

Twitter says Goodbye to @Bitcoin

April 9, 2018 by Kieran Smith at Bitcoin, Business, Commentary, News

After banning all adverts relating to cryptocurrencies in March, Twitter has now singled out the bitcoin-bashing handle @Bitcoin and delivered a suspension. The handle, thought to be the property of Roger Ver and notorious for its flagrant promotion of Bitcoin Cash (BCH), was suspended on Sunday, April 8, presumably after...

Texas Regulators Crack Down on Cryptocurrency Trading Program and Marijuana Operation

April 9, 2018 by Cindy Huynh at Altcoins, Business, Finance, News, Regulation

The Texas State Securities on April 5, 2018, launched an emergency cease and desist order against Mark J. Moncher who was involved in a cryptocurrency trading program and a marijuana growing operation. The Enforcement Division found sufficient evidence to convict Moncher of running an unregistered cryptocurrency trading program that promised...

Crypto’s Next Big Problem: Skilled Blockchain Employee Shortage

April 9, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Few weeks after the massive $500 Million Coincheck hack, the company has come forth with a novel excuse which caused the issue: Lack of experienced engineers. With the blockchain and cryptocurrency space growing each day, demand for high employees is following close behind. Shortage of Skilled Labour In the days...

Bitcoin Exchange Coinbase Approaches SEC for Regulated License

April 9, 2018 by contributor at Bitcoin, Business, Finance, News, Regulation

According to a Wall Street Journal report, U.S. cryptocurrency business Coinbase has approached regulators to get registered as a licensed brokerage. Such a move will allow the exchange to conduct its business in compliance with the Securities and Exchange Commission (SEC), which considers cryptocurrencies to be “securities.” If executed right,...

Cryptagio Exchange Launches with 0 Percent Trading Fee and Bonuses in Tokens

April 9, 2018 by Guest Post at Press Releases

April 10, Tallinn, Estonia — Cryptagio exchange has officially announced its launch with the support of seven demanded cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), EOS (EOS), Tron (TRX), VeChain (VEN), OmiseGo (OMG), and Icon (ICX). Within the first month, new users are welcome to try out the exchange’s features with 0...

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