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Filecoin Miners Strike, Protesting 'Chicken & Egg' Problem, FIL Crashes
19.10.2020
Decentralized storage network Filecoin experienced its first major issue a day after its long-anticipated launch, as miners decided to go on strike, resulting in an early release of token rewards.
Per a 8btc.com October 17 report citing interviewed miners, five of Filecoin's largest miners shut...
Chinese Banks Stepping up Blockchain Cross-border Trade Financing
17.10.2020
Chinese banks are looking to up their cross-border trade game – with a series of new blockchain-powered innovations that could seek to reduce the nation’s dollar dependence.
Per Sina, the Beijing-based China CITIC Bank, the country’s seventh-biggest lender, has become the first domestic bank...
Asia Games 2022 Tickets to Be Issued on Alibaba-run Blockchain Network
16.10.2020
Sports fans heading to the 2022 Asian Games in Hangzhou, China, will need to make use of blockchain technology – with organizers of the two-week-long competition set to issue all tickets using a blockchain network.
Per China News, the organizers have struck a deal with Demai, an online ticketing...
Airbnb For Data, Filecoin, Begins Space Wars With Google Cloud
15.10.2020
Decentralized storage network Filecoin launches its long-awaited mainnet today, creating a reason to look back at what it is and why it's relevant.
Filecoin is one of the top initial coin offerings (ICOs) of 2017. When its ICO ended in September, 1 FIL token was worth USD 5, after having raised...
Americas' Share in Crypto M&A and Fundraising is Shrinking
15.10.2020
The Americas are loosing their share in crypto mergers and acquisitions (M&A) and fundraising, according to major consulting company PwC.
In their latest report which looks into the first six months of 2020, PwC found that the total value of crypto M&A in the first half of this year...
Gaming Giant Wemade Unveils Crypto Wallet
14.10.2020
Wemade Tree, the blockchain subsidiary of South Korean gaming giant Wemade, said it has released its long-awaited crypto wallet and exchange platform – allowing users to store and trade digital tokens, in-game currencies and non-fungible tokens (NFTs).
Images released by the firm show that...
Blockchain firm Monerium thinks Europe 'already has' a digital euro
14.10.2020
The ECB should grant e-money issuers access to central bank reserves, says Monerium
China Using Blockchain Power to Boost Post-COVID 19 Tourism
14.10.2020
The GuanYin of Nanshan statue in Hainan. The Chinese island province of Hainan wants to use a blockchain technology-powered “points” program to boost tourism to the region. The project will operate alongside a recent project that will see Hainan create the nation’s first blockchain free trade...
Five Blockchain Use Cases Might Boost Global GDP by USD 1.76T - PwC
13.10.2020
Driven by need for trust in digital world, blockchain technology is expected to boost global gross domestic product (GDP) by more than a trillion dollars, estimated professional services network PwC, and will do so through five major use cases.
PwC's latest report, titled "Time for trust:...
Booze-loving Tourists To Buy Sake with Blockchain-powered Coupons
13.10.2020
Nex month, the city of Aizuwakamatsu, in Japan, is set to launch a local, blockchain-powered spending solution for sake-lovers and diners using a new digital currency issuance platform developed by domestic crypto exchange Decurret – in an attempt to boost its tourism industry.
Per Minbaku...
BitMEX CTO Released On USD 5m Bond, USD 2bn Blockchain City + More News
9.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
BitMEX Chief Technology Officer Samuel Reed, who was charged and arrested by the US Department of Justice, has been released on a USD...
Japanese Banking Giant Exec Says Blockchain Is Making ‘a B2B Shift’
9.10.2020
Source: Adobe/photo_pw
A senior executive at one of Japan’s biggest banking groups, the Sumitomo Mitsui Banking Corporation (SMBC), has talked up the role of blockchain technology in the world of finance – and claims that businesses are now shifting away from business-to-consumer (B2C) offerings...
BMW Rolls Out Blockchain-powered Token Rewards Platform in South Korea
8.10.2020
Source: Adobe/bizoo_n
BMW Korea has launched a blockchain-powered “lifestyle” platform that rewards South Korean car owners with tokens they can redeem against flight tickets and maintenance payments.
Per Aju Kyungjae, BMW Korea stated that the platform, named BMW Vantage, would be "launched...
Tron Shedding ‘Blockchain Vegas’ Tag May Lead to Ethereum Inroads – Report
5.10.2020
The Tron (TRX) network remains one of the main challengers to Ethereum (ETH)’s blockchain’s throne after the former experienced its biggest quarterly rise in value yet. But among other things that would help decrease Ethereum’s dominance, Tron still needs to ditch its gambling dapp-fuelled “Las...
Russia’s Football Association Uses Blockchain Voting at Virtual Summit
2.10.2020
Blockchain has found a new role in the world of sport – and football in particular – with the Russian Football Union (RFU) adopting blockchain voting, allowing the governing body to do away with paper ballots and hold virtual summits.
The RFU, headquartered in Moscow, is the official governing body...
Chinese Internet-based, Blockchain-powered Hospital Set to Open in 2021
2.10.2020
Chinese health chiefs has put its plans to launch an internet hospital on ice for a few months – to allow operators the time to add a wide range of blockchain technology-powered innovation.
Per Cn-Healthcare, the First Affiliated Hospital of Dalian Medical University, a leading hospital in Dalian...
Shenzhen Stock Exchange Could Follow Shanghai after Blockchain Move
1.10.2020
The Shenzhen Stock Exchange Square. The Shenzhen Stock Exchange has become the latest major exchange to indicate that it is ready to begin blockchain-powered trading – after “re-developing and building” a blockchain-based equity registration and custody platform for Beijing’s regional equities...
Ripple Decarbonizes, Novogratz Warns Banks Over DeFi, Salty SEC + More News
30.9.2020
Source: Adobe/only_kim
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Ripple said that it is committing to be carbon net-zero by 2030 and, in partnership with Energy...
Shanghai Stock Exchange, Regulator to Begin Blockchain Trading Pilot
30.9.2020
Shanghai. Source: Adobe/安琦 王
The Shanghai Stock Exchange, one of the biggest exchanges in the country, will conduct a pilot for a new blockchain-powered trading platform in conjunction with the regulatory China Securities Regulatory Commission (CSRC).
According to Shanghai Securities News,...
South Korean Bank NH Launches Blockchain-powered Document Wallet
29.9.2020
South Korean financial services provider Nonghyup (NH Bank) has begun issuing over a dozen forms of digital certificates using a blockchain-powered system and an e-wallet that will be able to hold hundreds of types of blockchain-verified forms of authentication.
Per the Electronic Times, the bank’s...