Blockchain News

Gemini Has Launched a New Service to Make OTC Trading Available for Everyone

According to Gemini, off-exchange or OTC trades on the new Gemini Clearing platform can be carried out both between two parties or through third-party brokers.  Cryptocurrency exchange Gemini has come up with a new digital clearing and settlement solution. Named Gemini Clearing, the new service allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades...
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Chinese Sinochem Unit Set to Launch Blockchain for Oil Trading with Shell

Blockchain technology is gaining ground in the global energy sector. Following the success of Vakkt, the world’s first energy blockchain, China’s Sinochem and strategic partners are looking into the development of energy blockchain as well. A subsidiary of Chinese State Oil Group Sinochem, Royal Dutch Shell, and Macquarie Group are set to build a blockchain...
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Coinbase and Ripple Fail to Become Top U.S. Startups to Work For: LinkedIn Report

Last year, Ripple and Coinbase were ranked high by LinkedIn. In 2019, they have taken 28th and 29th positions accordingly. With the rapid development of cryptos, blockchain is one of the most prosperous spheres to work in. In this regard, the networking platform LinkedIn published the list of the top startups to work for in...
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The Abyss Joins Waves Platform for a Decentralized Marketplace of Goods and In-Game Items

The Abyss will use Waves’ blockchain technology for building a universal marketplace of all tradable goods and in-game items offered by its partner game developers through their games. This is the first platform of its kind. Users will also be able to buy available items with Abyss tokens and sell it to others. This will...
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Vitalik Buterin is ‘Very Confident’ About Ethereum 2.0 Launching Phase

As Buterin said, Ethereum 2.0 aims to run ‘tens of thousands of transactions per second’ and he is sure that the new network will facilitate a number of on-chain transactions while maintaining key aspects of decentralization and security. At the beginning of next year, the launch of the initial phase of Ethereum 2.0 is taking place....
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PBOC’s Crypto Is Being Built Secretly with Restricted Access

A devoted team of the PBOC’s Digital Currency Research Lab is currently setting up its digital currency system in a restricted environment aiming to launch it before Facebook’s Libra enters the market. After Facebook unveiled the white paper for its Libra Project in June, the People’s Bank of China (PBoC) got working. The PBoC is...
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Samsung’s Crypto-Charged Note 10 Flagship Obliterates Apple’s iPhone

Samsung’s flagship Note 10 is getting a special crypto edition in South Korea. | Source: REUTERS/Toby Melville Samsung launched the KlaytnPhone in South Korea on Thursday, a spinoff of the Galaxy Note 10 equipped with blockchain apps and a cryptocurrency wallet. It furthers Samsung’s position as the most crypto-friendly smartphone maker, putting it lightyears ahead...
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Mastercard Joins R3’s Marco Polo Network to Advance Global Trade

Mastercard revealed its participation in the Marco Polo blockchain project, a collaboration of R3 and TradeIX. The initiative provides a multi-asset class platform that offers broker-dealer services and multicurrency transactions, among other services. American financial services titan Mastercard announced they’ve partnered Marco Polo, a trade finance network on R3’s Corda blockchain platform. Together with more...
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The Marshall Islands Decides to Go Crypto Issuing its Own Cryptocurrency

The Marshall Islands have decided to issue their cryptocurrency. Formerly, the pacific Nation had used the US Dollar solely as currency. This time, they have decided to issue their own based on its own blockchain. With a population of just under 60,000 people, the need to use a cryptocurrency might sound a little weird to many...
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Huobi-backed Startup Introduces an Affordable Blockchain Phone with Built-in Crypto Wallet

Huobi plans to dive into the hardware applications market introducing an affordable blockchain smartphone, Acute Angle, which will come with a built-in crypto wallet and a plethora of other crypto products. Huobi plans to dive into the hardware applications market for the first time. This announcement will take place on September 11 during the sixth...
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The Blockchain Effect on the Real Estate Industry

This is how blockchain can change the way investors buy into real estate value, and allow for the proliferation of real estate investments. It seems that all one has to do these days to see something about blockchain technology is go online. Nearly every major news portal and tech website has had a number of...
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Mega Investment Fund Proposes Money Market Fund with Tokens on Stellar Blockchain

Franklin Templeton wants to have a go at using cryptocurrencies as a tool for investments in a new fund. This will mainstream cryptocurrencies in general and Stellar in particular. Is this the beginning of the big bang we have all been waiting for? While it may sound like something surreal, Franklin Templeton Investments, which is...
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Canadians Win $30,000 Grand Prize at Bytom Global Development Conference

2019 DevCon, Contestants and Winners The 2019 Bytom DevCon (DevCon) was held in Fort Mason, San Francisco, United States. During the event, more than 50 teams from all over the world, including the US, India, Belgium, Russia, China and Brazil took part in it. The teams were given a chance to develop practical use cases...
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Banking Giant HSBC Completes Blockchain-based Letter of Credit Transaction in Yuan

HSBC processed the first-ever Yuan-denominated blockchain-based letter-of-credit transaction for MTC Electronics over the Voltron blockchain platform. In a major milestone, banking giant HSBC completed the first-ever Yuan-denominated blockchain-based letter-of-credit transaction on Tuesday, September 3. Since long, HSBC has been working on introducing the use of blockchain technology to the traditional paper-based method of financing trade....
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Venture Capitalists are Slowly Backing Away from the Crypto and Blockchain Sector

2019 has not been a bad year for crypto as some assets, including Bitcoin, have seen more than 100% in ROI. However, funding is significantly reduced and venture capitalists seem to be backing off. Why is this happening? The bear market which started in 2018 was a very disappointing period in crypto. This was made...
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Binance Announces Phase Two of Lending Products Platform

After a highly successful phase on launch of Binance Lending, the exchange has now announced the launch of a second phase with a few more digital assets added including BTC, ETH, and ADA. The Changpeng “CZ” Zhao-led Binance cryptocurrency exchange, has now announced that it is ready to launch the second phase of its Binance...
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Legit or Not, Liquid Discloses Blockchain Wallet Address for Telegram’s Gram Token Sale

Photo: Liquid / Instagram Japan-based cryptocurrency exchange Liquid, that conducted a sale of Telegram’s crypto tokens back in July, has revealed the wallet address where the sum will stay until releasing of the tokens. The wallet, as announced, carries $4,123,116.76 worth of the USDC stablecoin. As we previously reported, the strange story started out in...
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EOS Gets a Boost on Chinese TV, But Critics Fear Centralization

EOS scored an awareness boost after being featured on Chinese television, but critics warn China has become a systemic risk to the cryptocurrency. | Source: Shutterstock EOS received a major boost in awareness this week thanks to a Chinese television show that featured a popular blockchain RPG called Crypto Sword & Magic. “ICS Money Talks,”...
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Why Lightning Network Can’t Get Massive?

It was December 2017, the Bitcoin was at almost 20k US dollars and I had just made my first transfer of 100k satoshis to a friend. The satoshis were supposed to arrive in minutes; however, it arrived in 2 days. The disappointment was huge. It was the first operation that me and my friend handled...
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Telegram Starts Public Testing of Ethereum-Compatible TON Blockchain

According to some reports, Telegram Open Network (TON) will be compatible with Ethereum. The company is set to release the code to run a node on the Telegram Open Network (TON) on Sunday. It seems that Telegram messenger is planning to begin public testing of its long awaited blockchain, TON (the Telegram Open Network) on...
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Cryptocurrency Staking: Reasons Why Crypto Staking is the New Favorite of Miners

Photo: Shutterstock When cryptocurrency mining became the talk of the crypto sphere, a lot of holders went into it without having to think about the cost of setting up the expensive equipment required to mine coins. Not only was the equipment for mining expensive, but it also generated a lot of heat whilst consuming large...
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Samsung Galaxy S10 Now Supports 32 Digital Assets Including Bitcoin

Samsung’s Blockchain Keystore which is available on the company’s range of Galaxy S10 phones as well as Note 10, has included support for Bitcoin as well as more than 30 other cryptos. The app also supports more than a few DApps as well. A few months ago in March, Samsung launched its new Galaxy S10...
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Boeing Joins Hedera Hashgraph Council

Boeing announced that it is joining the Hedera Hashgraph Council becoming the 10th member with commentators stating that it is a major milestone for the company to dive into the blockchain technology. Although the nascent blockchain and crypto industries are yet to enjoy mainstream investment and usage, developments are constantly taking place. It is believed...
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OneLedger Joins Google Cloud Platform (GCP) to Deliver Fast Enterprise Blockchain Solutions

OneLedger announced a partnership with the Google Cloud Platform (GCP) who will provide cloud computing services that facilitate an on-demand environment for developing software applications. An interoperable blockchain platform OneLedger announced their new partnership with the Google Cloud Platform (GCP). GCP supplies cloud computing services that clear the way to an on-demand territory for developing,...
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Binance Announces New Developers Platform Binance X to Foster Blockchain Innovation

Photo: Binance Blog Crypto exchange Binance has unveiled its new platform offering to developers called Binance X. This new developer-driven initiative from Binance focuses on fostering innovation in the blockchain ecosystem. As per the company announcement, Binance X would majorly focus on helping developers learn and collaborate in the blockchain ecosystem. Moreover, the platform also...
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Hedera Hashgraph Set to Launch Beta Mainnet and Release HBAR Tokens Next Month

Hedera Hashgraph has announced the launch of its mainnet in September which will be followed by the release of its native HBAR coins. The platform has called for all interested developers to use its DLT for the creation of diverse DApps. Hedera Hashgraph, an enterprise public distributed ledger platform, has officially announced that it will...
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PNC Becomes the First U.S. Bank Using RippleNet for Cross-Border Payments

Photo: Wikimedia Commons PNC Financial Services Group, Inc. finally went live with the blockchain payments platform RippleNet. By doing this, it became a first-ever American bank that decided to process cross-border payments just a year after they decided to adopt Ripple’s technology. As one of the ten largest banks in the U.S., the inaugurating of...
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R3 Partners With Dubai’s Wethaq to Develop Blockchain Platform for Islamic Markets

By leveraging R3 Corda’s blockchain solutions, the Wethaq platform aims to improve the market infrastructure used for issuing and trading the Sukuk securities. Enterprise software company R3 has entered into a strategic partnership with Dubai-based fintech firm Wethaq to develop a blockchain-based framework for Islamic capital markets. According to the press release on Wednesday, August...
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DGaming Puts Ethereum Tokens On Sale to Boost Decentralized Gaming

It is clear that gaming is becoming a global industry. Just recently, the Fortnite World Cup, sponsored by FIFA, took place in New York. Tens of thousands of people descended on a stadium to watch gamers duke it out over a $30 million prize pool. Millions watched online, social media was ablaze with talk of...
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Telegram Will Officially Launch its Gram Tokens Within Two Months

After raising more than $1 billion in one of the most successful ICOs in the crypto sector, Telegram is now ready to launch its Gram tokens by October. Button Wallet has also announced it will facilitate trading of the tokens. There currently are more than a few thousand different digital assets in the market and...
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