Consultancy Firm Accenture Targets Enterprise Blockchain Interoperability With Fresh Tool

Consultancy giant Accenture says existing blockchain platform integration presented “key challenges,” which it seeks to solve with its interoperability tool. Global management consultancy firm Accenture revealed a new blockchain tool in a press release Oct. 22, its second in a month focusing on interoperability. A week after announcing a supply chain partnership with Thailand’s Siam […]

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Ex-Fidelity Exec Joins Blockchain Company Bloq as Chief Operating Officer

Financial services giant Fidelity’s former exec joins a blockchain firm as its COO. A former executive at financial services giant Fidelity Investments has been appointed Chief Operating Officer (COO) at blockchain infrastructure firm Bloq, according to a press release Oct. 23. Bloq’s new COO, Hadley Stern, spent seventeen years at Fidelity, which administers over $7.2 […]

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Chinese Mining Giant Bitmain’s New Firmware Update Reignites AsicBoost Controversy

Major Bitcoin mining company Bitmain releases new firmware days after compatibility warnings from competitor Slush Pool. Chinese cryptocurrency mining giant Bitmain confirmed it would roll out a firmware update for so-called ‘Overt AsicBoost’ to all its Antminer models in a blog post Monday, Oct. 22. Bitmain, which holds a monopoly on Bitcoin mining through its […]

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Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others

The value of blockchain technology in leading markets has grown rapidly over the past 12 months. Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing. With billions of dollars being invested […]

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Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion

Binance has received an investment from Temasek subsidiary Vertex Ventures to support the exchange’s expansion into the Southeast Asian market. Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23. Vertex Ventures is a subsidiary of Singapore-based […]

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Overstock’s Medici Ventures Invests in Decentralized Social Network

Overstock’s Medici Ventures has invested in a blockchain-powered social networking platform Minds, Inc. Overstock’s venture capital subsidiary Medici Ventures has invested in decentralized social network Minds, Inc. (Minds.com), according to a press release shared with Cointelegraph Oct. 22. Founded in 2011, Minds is a decentralized social networking platform that rewards users for their activity online […]

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