Loom Network launches a new bounties and rewards program that involves several bonuses worth up to $70K to grow its ecosystem. Loom Network, a blockchain-based platform designed with large-scale social apps and games in mind, launched a new bounties and rewards program. In the announcement published on Sept. 24, Loom said that it kicked off […]
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MediConnect has completed the workflow for a PoC designed to track medications through the supply chain. Blockchain startup MediConnect has completed the workflow for the Proof-of-Concept (PoC) designed to track medications through the supply chain and begun integration of online pharmacy UK Meds’ processes to its platform. Tracking medication through the supply chain Per a […]
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Cryptocurrency exchange Bittrex is incorporating Chainalysis’ know your transaction tool to spot high-risk transactions. Cryptocurrency exchange Bittrex is incorporating Chainalysis know your transaction (KYT) tool to spot high-risk transactions. Compliance standards In a Sept. 26 press release, Chainalysis Inc. announced the deployment of its real-time transaction monitoring solution to the Seattle-based blockchain trading platform Bittrex. […]
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Nigeria-based Satowallet has allegedly performed a $1 million exit scam as users have been unable to access their crypto since April. Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH data server error that has kept user funds in limbo. Multiple versions to delay […]
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Speaking at a summit today, U.S. SEC Commissioner Peirce said that regulators like her organization should “be a little less paternalistic.” United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently spoke on innovation in cryptocurrencies, calling regulators excessively paternalistic. DACOM Summit At the Digital Asset Compliance and Market Integrity (DACOM) Summit in New […]
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Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Medici Bank will be piloting digital onboarding procedures, application programming interface and web portals with […]
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Altcoins are still reeling from Tuesday’s painful correction, which saw double-digit losses, and today continue to tumble. Thursday, Sept. 26 — After Tuesday’s sudden crash, altcoins seemingly entered a consolidation phase yesterday and for the better part of today, until signs of a new downward price trend reared its ugly head. Cryptocurrency market daily overview. […]
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Venezuela’s central bank is exploring the possibilities of holding Bitcoin and Ether in its coffers, at the request of state-owned oil and gas company PSDV. Venezuela’s central bank is exploring the possibilities of holding Bitcoin (BTC) and Ether (ETH) in its coffers, according to anonymous sources who reportedly have direct insights into the matter. Can […]
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Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Per a Sept. 26 press release, StrongSalt raised $3 million from Valley Capital Partners in a seed round to further develop its encryption platform designed for developers and enterprises. […]
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The number of nodes running Bitcoin Lightning Network has reached 10,000 for the first time. The number of Bitcoin (BTC) Lightning Network (LN) nodes has reached 10,000 for the first time, according to real-time LN statistics site 1ML. According to 1ML, the number of nodes on the LN has grown by 3.17% over the past […]
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