Blockchain & Cryptocurrency News

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Tue, 26 May 2020, 05:41 AM
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PUBLISH launches media industry’s first stablecoin

US Department of Transportation thinks blockchain can help the commercial drone industry

The commercial usage of unmanned aircraft systems (UAS) is becoming more and more prevalent. However, there are also safety concerns when it comes to flying commercial drones. The U.S. Department of Transportation...

Digital asset infrastructure Taurus Group raises 8-digit financing in Series A funding round

Taurus Group SA, a company specializing ini digital asset and distributed ledger technologies, has secured a CHF 8-digit series A funding round. According to the press release, the financing round included its existing...

China’s cyberspace commission approves 224 blockchain projects

Chinas Office of the Central Cyberspace Affairs Commission (OCCAC) has announced the new distributed ledger technology (DLT) projects for the third batch list of blockchain filings. According to Cointelegraph, there are...

HTC to allow users to mine XMR crypto in its EXODUS blockchain smartphone

Consumer electronics giant HTC will allow its customers to mine Monero (XMR) crypto straight from their mobile if they are using EXODUS 1S blockchain smartphone. On Friday, HTC announced its partnership with ASIC chip...

Crypto exchange Binance adds TWD and AUD in P2P trading

Crypto exchange Binance has added more fiat currencies in its peer-to-peer (P2P) trading platform. Binance announced that it just added support for the New Taiwan Dollar and the Australian Dollar in its P2P trading...

Checkout.com joins Facebook’s Libra Association to use blockchain for financial inclusion

Global payment service provider Checkout.com is partnering with Facebooks Libra Association. Checkout.com announced the partnership on its blog. The firm wants to enjoy the benefits of blockchain, especially how it...

Digital payment Uphold to expand stablecoin offerings

Digital payment platform Uphold launched Stablecoin Center to meet the increasing demand for digital dollar offerings. Uphold offers access to investments and payments using blockchain technology. It announced its plan...

Malta’s ‘Blockchain Island’ is facing a huge setback, no license granted

Maltas futuristic Blockchain Island is facing a setback. In 2018, Malta announced its intention to regulate virtual financial assets by initiating legislation. The European country also invited several companies to...

Business

New crypto and fiat payments app backed by Binance launches in Nigeria Tue, 28 Apr 2020, 07:39 am UTC

A new payment app for crypto and fiat payments has been launched in Nigeria. Called Bundle, the app is an African-focused social payments app for cash and cryptocurrencies and is backed by Binance, Finextra...

Crypto marketplace Purse.io reconsidering to stay after announcing that it’s closing down

BitPay to offer Binance’s stablecoin BUSD

LG CNS testing pay-by-face system using AI, blockchain and cloud technologies

Technology

Blockchain only offers limited amount of privacy with ‘pseudonymity’, experts say Sun, 26 Apr 2020, 05:31 am UTC

Blockchain has started over a decade ago but it still fails to deliver complete privacy. Tracking crypto transactions are getting easier for law enforcement agents prompting some to wonder how blockchain works in terms...

European Union Blockchain Observatory & Forum explores blockchain, AI and IoT

Italian major news agency uses blockchain to stop coronavirus fake news

Blockchain company Bitfury re-assigns computing power to COVID-19 research

Investing

Digital lender SoFi Invest acquires Hong Kong-based 8 Securities Wed, 22 Apr 2020, 14:03 pm UTC

US-based digital lender SoFi Invest has acquired Hong Kong-based 8 Securities. Following the acquisition of the mobile stock trading startup, it has been rebranded as SoFi Hong Kong, Tech in Asia reported. The move...

Crypto exchanges lower fees for India after Supreme Court lifts RBI ban

Asia is becoming a strong crypto hub for exchange derivatives

Steem witnesses freeze eight accounts worth $3.2M after split

Insights

Central banks urged to issue digital currency to avoid privatization of money Sun, 26 Apr 2020, 05:33 am UTC

Campaign group Positive Money is calling central banks to issue digital currencies. Positive Money published a report titled Money We Trust: Designing Cashs Digital Counterpart. The report called central banks like Bank...