Venezuela’s Maduro has increased the Petro’s value from 3,600 to 9,000 bolivars in the midst of ongoing inflation in the country. Venezuelan president Nicolas Maduro has raised the reference value of the national cryptocurrency, Petro, against the background of the country’s ongoing hyperinflation, the president’s official Twitter tweeted Nov. 30. According to major Latin American […]
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Ohio is poised to shore up its appeal as an innovate tech hub over the next three years with $300 million in blockchain startup funding. Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives. Speaking at the ongoing Blockland Solutions conference, […]
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The general director of Beijing’s financial watchdog has warned that Security Token Offerings (STO) are illegal in the city. The director general of the Beijing Municipal Bureau of Financial Work has warned that Security Token Offering (STOs) fundraising is “illegal” activity, independent Beijing-based media outlet Caijing reported on Dec.1. The Beijing Municipal Bureau of Financial […]
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Crypto exchange traded products prove divisive, as the SEC mulls over its latest landmark decision. On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP). Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives […]
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26 French companies along with five banks have successfully completed a blockchain-enabled KYC trial with R3 consortium. 26 French companies and five major banks have completed a Know Your Customer (KYC) test based on blockchain, according to a press release by the entrant firm RCI Bank and Services released Dec. 3. RCI Bank and Services, […]
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Seven major healthcare companies from the U.S. have established an alliance to trial blockchain solutions. Major U.S. healthcare companies have formed an alliance to trial blockchain solutions in order to improve data quality and reduce costs, U.S. weekly news outlet Modern Healthcare reports Monday, Dec. 3. The Synaptic Health Alliance group consists of Humana, Multiplan, […]
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American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. The patent application was published by the U.S. Patent and Trademark Office (USPTO) […]
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Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million. Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay. In March, Kakao […]
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Stalwart if controversial Bitcoin community subreddit “/r/Bitcoin” has hit the one million subscriber mark. Stalwart Bitcoin (BTC) community subreddit “/r/Bitcoin” has hit the one million subscriber mark, according to a post from moderator “ibelite” Dec. 2. One of the most well-known online Bitcoin communities, /r/Bitcoin was founded in September 2010, almost two years after the […]
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Starteos has pledged to reward users financially with the implication they would vote for it as an EOS Block Producer. Yet another aspect of blockchain protocol EOS has sparked controversy this week after one of its 21 block producers appeared to offer its token holders financial rewards for voting it as a proxy. Starteos, one […]
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