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Argo Blockchain PLC Announces Business Refocus Amid Bear Market Conditions

Argo Blockchain plc,  a UK-based, global data centre management firm that allows people to mine a vast array of digital currencies via its platform, has announced plans to refocus its business strategy, citing “severe price pressure and volatility” of the… Continue Reading →

Blockchain Might Not Be the Appropriate Answer to IIot Security

Blockchain has been pointed out as the technology capable of providing security to the Industrial IoT (IIoT), but contrary to this belief, IoT project owners, chipmakers and OEMs may be better suited with security solutions capable of addressing low-level, device… Continue Reading →

Binance Ceases Trade of Cryptocurrencies CLOAK, MOD, SALT, SUB, and WINGS

On February 15, 2019, Binance announced that it has decided to cease tradings and transactions with five tokens – CLOAK, MOD, SALT, SUB and WINGS. Reasons for the Delisting In their press release, Binance argues that according to their standards… Continue Reading →

Blockchain Technology Helps HSBC Save 25 Percent on Forex Trade Settlements

HSBC has reported a successful trial of their blockchain-based “FX Everywhere” platform which has saved 25 percent of costs associated with forex trade settlements, Reuters reported on February 14, 2019. Cost-Saving Measures Besides the use of blockchain in cryptocurrencies, it can also… Continue Reading →

Ripple Unveils XRP Ledger Version 1.2.0 with a Slew of New Features

Ripple has unveiled its latest XRP Ledger version 1.2.0 upgrade on February 13, 2019, while also urging users to upgrade before February 27, 2019. A New Version in Town Ripple has announced a new upgrade in the form of its… Continue Reading →

NVIDIA’s Earnings Report For Q4 2019 Beats All Expectations

The largest graphics chip manufacturer in the world, NVIDIA, reported better-than-expected earnings for the fourth quarter of its 2019 fiscal year which led to its shares rising as much as 8 percent, the company announced in a press release on… Continue Reading →

SEC Gains Injunction Against Blockvest LLC in Fraudulent Securities Case

In a sudden turn of events, the US SEC has been given an injunction against Blockvest, a digital asset firm accused of selling unregistered securities in a February 14, 2019, press release. New Developments The SEC has gained a small victory in… Continue Reading →

Canadian Exchange Coinsquare Acquires StellarX Decentralized Exchange (DEX)

StellarX, a user-friendly decentralized cryptocurrency exchange and peer-to-peer marketplace, has been acquired by Coinsquare,  a leading Canadian cryptocurrency trading venue, to develop the former into a world-class DEX, according to a Medium blog post on February 14, 2019. StellarX Gets… Continue Reading →

South Korea: City of Gimpo to Get Its Own Cryptocurrency

The South Korean city of Gimpo will be the latest to have its own native cryptocurrency, as reported by ZDNet on February 14, 2019, that the KT Corporation will develop a token for the city. A New Coin in Town Cryptocurrencies that… Continue Reading →

Nasdaq Set to Debut Bitcoin and Ethereum Indices for Real-time Spot Price Discovery

On February 11, 2019, Nasdaq, in partnership with New Zealand-based blockchain startup Brave New Coin (BNC), announced the introduction Bitcoin and Ethereum indices as part of its global index service (GIDS). This move indicates yet another example of the company’s… Continue Reading →

Stranger Than Fiction: Bitcoin Sent Successfully via Radio Connection Without the Internet or Satellite

The idea behind Bitcoin was to have a cryptocurrency that government or any authorities can’t interfere with, but the government controls the internet. Thinking about the possibility of sending Bitcoin while offline, according to a Medium post published February 14,… Continue Reading →

Australia: Regulators Slap AUD 33k Fine on Byte Power Cryptocurrency Exchange for Irregularities

Australian Securities and Investments Commission (ASIC), the region’s securities regulator, has issued an infringement notice to Byte Power Group Limited, an Australia-based digital assets exchange, alleging that the crypto trading venue failed to comply with its continuous disclosure duties and… Continue Reading →

Digital Currency Group CEO Bullish About Bitcoin but Prophesies Doom for other Cryptocurrencies

There are currently over 2096 cryptocurrencies listed on CoinMarketCap. The founder, and CEO of DCG, however, has said he believes in Bitcoin and believes it could replace gold someday, saying he is bullish about BTC. Barry Silbert thinks a majority… Continue Reading →

Kaspersky Study Shows 700% Increase in Bitcoin Adoption; 13% Online Buyers use Cryptocurrencies

Cryptocurrencies like Bitcoin are experiencing a bearish experience, but that hasn’t dampened the experience of this phenomenon. Russian cybersecurity titan Kaspersky and Coinmap have conducted a study that proves critics wrong. The research shows that Bitcoin adoption has grown 700… Continue Reading →

Norway’s Private City Issues Its Own Cryptocurrency

Norway’s first private city, Liberstad, aims to focus on the individual rather than government, and will be utilizing a cryptocurrency called “City Coin” for its residents to encourage efficiency and transparency. This is the first cryptocurrency to ever be adopted… Continue Reading →

Dutch Company Announces IOTA-based Smart Grid

ElaadNL, a Dutch tech company has revealed the PoC for a new smart grid that self-balances and rewards Smart vehicles with IOTA tokens on February 14, 2019. A Smart Solution While blockchain technology is known to consume a lot of… Continue Reading →

Baidu Launches Blockchain Engine for dApp Developers

China’s search engine giant, Baidu, has launched the Baidu Blockchain Engine (BBE), an operating system based on Artificial Intelligence, Big Data, and Cloud Computing, which will enable developers to design decentralized mobile applications in an easier and faster way, according to… Continue Reading →

Indonesia’s New Futures Trading Law Cause Controversy

Traders in Indonesia have criticized a new regulation that requires $70 million in capital to trade in crypto futures, as per reports from The Jakarta Post, February 14, 2019. Unexpected Hurdles While the growth of the blockchain and cryptocurrency industry has… Continue Reading →

Intel Launches Commercial Blockchain for Businesses

Commercial blockchain services has a new player as Intel announced on February 12, 2019, the launch of the Intel Select solution for blockchain which allows businesses to build their own blockchain based on the Hyperledger fabric. Intel Joins the Blockchain… Continue Reading →

Phishing Scammers: Trezor Cryptocurrency Hardware Wallet Action

Trezor, a hardware wallet for storing a vast array of digital assets including bitcoin (BTC) and litecoin (LTC) has released an official statement concerning the recent phishing attacks on its electronic shops, products, as well as websites of its affiliated… Continue Reading →

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