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LG Confirms its Blockchain Smartphone Intentions


Electronics giant LG has confirmed that it is considering the release of a blockchain-powered smartphone – confirming earlier reports. Per a report from media outlet Fn News, an LG spokesperson stated, “We are preparing the necessary technology required to enable the use of blockchain technology...

Get Ready for a Blockchain Device Boom


We are in for a blockchain device boom in the next five years, claims market research firm MarketsandMarkets in its latest report. It finds that the blockchain devices market is expected to grow from USD 218 million in 2019 to USD 1.285 billion by 2024, at a compound annual growth rate (CAGR)...

LG ‘Likely’ to Follow Samsung into Blockchain Phone Market


Tech giant LG could be set to launch its own blockchain-powered smartphone in response to Samsung’s recently unveiled Klaytn Phone, say industry insiders in South Korea. LG is Samsung’s closest domestic rival, and according to a report from daily newspaper Chosun, LG is keen to respond to...

Trezor and Ledger Started This Fall With Two News


Source: a video screenshot, YouTube, Cursed Mining Two major players in the hardware wallet industry, Trezor and Ledger had some news to their fans this week. While the first company implemented a new security feature, the second had good news for the ERC-20 token owners. What is Shamir Backup...

Samsung Partners With Klaytn to Make Galaxy Note 10 Crypto Friendlier


Samsung Galaxy Note 10. On Thursday, the world's largest smartphone maker, Samsung will start selling a new version of its flagship phablet Galaxy Note 10, marketed as "KlaytnPhone," The Wall Street Journal reported, citing undisclosed people familiar with the matter. The only difference from...

K-pop Giant SM Entertainment Eyes Crypto and Blockchain Expansion


Red Velvet, a group managed by SM Entertainment. SM Entertainment, South Korea’s largest talent agency, says it wants to launch its own blockchain platform – and could potentially use a cryptocurrency of its own to power business growth. The company, which raked in USD 518 million in revenues...

‘Regulation, Funding and Uncertainty’ Rock S Korean Blockchain Market


South Korea’s blockchain industry is experiencing teething issues – while only 20% of domestic blockchain-related companies are actually selling anything, per reports. While some of the country’s biggest IT giants and banks forge away with big-name blockchain products and services this year...

Blockchain Alternative Hedera Hashgraph Has Three News


Mance Harmon. Source: a video screenshot, YouTube, Hedera Hashgraph Hedera Hashgraph, a public distributed ledger platform and a blockchain alternative for corporations, announced today the open access to its mainnet beta and the release of its HBAR coins to SAFT (Simple Agreements for Future...

In 'Unbiased' Research Binance Criticizes Ethereum, Praises Own Chain


Major crypto exchange Binance came out with their report which compares and analyzes a number of token standards across blockchains: the influential company is praising its own recently launched product, while criticizing many others’. After going over token standards across more than twenty...

Is Blockchain Speed & Capacity a Problem? Vitalik says Yes, CZ says No


There was a disagreement over two vital blockchain-related points earlier today between two major figures in the crypto and blockchain world. The issues: speed and capacity of existing blockchains. The figures: CEO of Binance, Changpeng Zhao (CZ), and co-founder of Ethereum, Vitalik Buterin. The...

EOS Finds Music Partner, Deloitte Releases 'Blockchain in a Box'


While many blockchain projects, which involve major banks, exchanges and technology firms, have not gone beyond the testing phase, almost every day new blockchain-related announcements show that the industry is not giving up. This time, we found EOS and Deloitte in the news. It seems that EOS,...

Israel: Regulator to Aid Blockchain Firms but Crypto Pain Continues


Israeli financial regulators want to provide a fast-track for blockchain and fintech companies looking to obtain business permits in the country – but individual cryptocurrency traders have been left frustrated by the banking system. News outlet Calcalist reports that the Capital Market, Insurance...

Banking Giant Santander to Bring Ripple-Powered App to Latin America


After launching its app for international payments, One Pay FX, which uses Ripple’s xCurrent solution, Spanish multinational banking giant Santander Group is expanding this service to other countries. The company is reportedly working on several things at the moment, which would make international...

Flurry of German, South Korean, UAE Major Firms Pivot to Blockchain


Etihad Airways. A number of major international companies in Europe, the Middle East and Asia have announced they will be embarking on blockchain technology-powered business operations. In Germany, the country’s second-largest bank, Commerzbank, says it has developed a “blockchain-based payment...

Blockchain-keen Gaming Firm Snaps up Platform With 208K Active Users


Mobile gaming platform Animoca Brands has struck a deal that will see it take over digital collectibles marketplace Quidd. The Hong Kong-based gaming company said it would be acquiring 100% of Quidd’s shares, paying an initial USD 5 million upfront to Quidd shareholders, in addition...

South Korean Cities May Reward Cyclists with ‘Token’ Incentives


Local governments across South Korea could be set to hand out “blockchain-powered tokens” to cyclists who use city-run bike-sharing programs. Per media outlet NBN, a number of governing authorities in some of South Korea’s most populous cities – including Seoul, Busan and Incheon – are now looking...

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