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Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute

17.12.2019
Shanghai will open a blockchain incubation center by the end of December with substantial investment, even as China’s government continues to crack down on crypto-related businesses

ICBC Reinforces Partnership With Alibaba and Ant Financial

17.12.2019
China’s one of the largest banks, the Industrial and Commercial Bank of China (ICBC), has declared that it would further enhance its association with Alibaba Group and Ant Financial. ICBC will use Alibaba Group’s long-standing experience on electronic payment settlement to enhance its services....

‘No Chance:’ John McAfee Halts Crypto Promo as US 2020 Elections Near

17.12.2019
John McAfee halts crypto promotions to focus on U.S. presidential bid, despite admitting that he has “no chance”

Two Russians Charged With Illicitly Mining Crypto on State Hardware

17.12.2019
Two unnamed individuals reportedly infected hardware at Russian state organizations with a program that mines cryptocurrency via a web browser

5th International Forum Blockchain Life 2020 Takes Place on April 22–23, in Moscow

17.12.2019
Blockchain Life 2020 is the biggest event on a blockchain, cryptocurrencies, and mining in Russia and Europe and one of the largest events in the world. The forum welcomes more than 5000 participants this spring at an innovative venue—Music Media Dome. The global crypto community from 70 countries...

Accenture Will Board Corporates Onto Marco Polo Shipping Blockchain

17.12.2019
Accenture plans to help TradeIX create new use cases beyond banking for buyers and sellers within trade finance after backing the Marco Polo tech partner

BTC 20K and ETH 790K Still Might be Dumped on the Market By PlusToken

17.12.2019
At least BTC 20,000 (USD 138 million) and ETH 790,000 (USD 104 million) are still waiting to be dumped on the market by the criminals from the "one of the largest Ponzi schemes ever," PlusToken, according to Chainalysis, a U.S.-based blockchain analysis company. The researchers claim that...

Bitcoin (BTC) Drops Below $7k; Expected to Bounce Back from $6.1k

17.12.2019
The short-term outlook of Bitcoin against the US Dollar is bearish, and it is moving towards key support area and weekly 78.6% Fib Level. Overall weekly prices are still above 200 days SMA denoted by the red line in the below-given charts. Bitcoin Price Prediction Weekly BTC prices have fallen...

Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year

17.12.2019
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...