The Global Open Network is a joint effort with a U.S. content delivery and cloud platform company. Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a press release published on Feb. 12. The world’s fifth-largest bank is working on the project in partnership with […]
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Coinbase Wallet users will now be able to store encrypted copies of their recovery keys on select cloud services. Users of Coinbase Wallet can now back up their private keys on Google Drive or iCloud, according to an official announcement on Feb. 12. In the statement, Coinbase states that allowing users to upload their keys […]
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According to a report, QuadrigaCX has “inadvertently transferred 103 bitcoins valued at approximately $468,675” to cold wallets the exchange cannot currently access. Major Canadian crypto exchange QuadrigaCX accidentally transferred nearly $500,000 in Bitcoin (BTC) to its cold wallets earlier this month, according to a report published by Ernst & Young on Feb. 12. The founder […]
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Overstock founder Patrick Byrne has stated that blockchain technology is capable of making government “superefficient.” The founder and CEO of retail giant Overstock.com Patrick Byrne says that blockchain can make government “superefficient and incapable of being bribed,” in an interview with MarketWatch published on Feb. 12. Byrne reportedly said that government services have reached a […]
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The Central Bank of Chile issues a detailed report on cryptocurrencies, stating they have no potential to substitute traditional money. The Central Bank of Chile (BCC) believes that cryptocurrencies are unable to substitute traditional money, according to an in-depth report on crypto issued Feb. 7. The document, signed by the central bank’s president Mario Marcel, […]
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A fintech payment platform has partnered with Oracle to use blockchain technology in expediting payments processes. Finance platform SDK.finance has partnered with Oracle to use the Oracle Blockchain Platform to improve payments processes and remove intermediaries. The partnership was announced in a press release published on Feb. 12. SDK.finance is a European-based fintech startup that […]
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A new partnership between IBM and Boehringer Ingelheim aims to test whether blockchain provides a proper level of data integrity, transparency, and patient safety. The Canadian unit of American tech giant IBM has partnered with pharmaceutical company Boehringer Ingelheim to deploy blockchain in clinical recordkeeping, according to a press release published on Feb. 12. The […]
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sponsored A blockchain protocol is making it easier for developers to build peer-to-peer financial applications, enabling them to focus on innovations. A new blockchain protocol is presenting itself as a place where businesses and individuals can build peer-to-peer financial applications with confidence. Bytom describes itself as the “infrastructure of the asset internet.” The company’s vision […]
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Six out of the top 20 cryptos by market capitalization are seeing some losses while EOS has climbed over 6 percent. Feb. 12 — cryptocurrency markets are seeing measured growth among the top 20 coins by market capitalization, according to data from CoinMarketCap. Market visualization from Coin360 The biggest cryptocurrency, Bitcoin (BTC), is slightly up […]
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U.K. revenue and customs watchdog postpones the trial of its blockchain solution in the wake of Brexit. Her Majesty’s Revenue and Customs (HMRC) has delayed further work on a successful blockchain project in the wake of Brexit, according to a written parliamentary statement published Feb. 7. The question about the distributed ledger project for customs […]
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