Overstock’s Blockchain Subsidiary Misses Target for $100 Million Capital Injection

Overstock blockchain subsidiary tZERO missed the target date for $100 million in investment, according to a shareholder letter. TZERO, the blockchain subsidiary of retail giant Overstock, has missed its mid-April goal for a $100 million fund raise from Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital. The firm announced the development […]

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Official Chinese Currency Renminbi to Become Cryptocurrency, Expert Says

Donald Tapscott, executive chairman of the Blockchain Research Institute, has said that Chinese renminbi will become a crypto. Donald Tapscott, executive chairman of the Blockchain Research Institute,  stated that the official Chinese currency, the renminbi (RMB), will become a cryptocurrency, in an interview with Bloomberg on April 17. In the interview, Tapscott revealed that he […]

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Platform Launches Leveraged Bitcoin CFDs for Speculation on Movements Against JPY and USD

sponsored A global crypto platform has launched a leveraged bitcoin CFD, enabling traders to speculate on the asset’s price movements against the Japanese yen and U.S. dollar. A platform has launched a leveraged bitcoin contract-for-difference (CFD) product, enabling traders to speculate on the cryptocurrency’s price movements against the Japanese yen and United States dollar. Liquid […]

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The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto

Fintech firms can put blockchain technology to the test, but cryptocurrency projects are excluded, India’s central bank has announced. The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects […]

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National University of Columbia Joins Blockchain Global Consortium for Science

The National University of Columbia is joining the Bloxberg global scientific blockchain consortium. The National University of Columbia is joining the global  blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at inTIColombia told Cointelegraph en Español on April 15. Bloxberg is a blockchain initiative formed by 12 research organizations […]

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Volkswagen Joins IBM-Backed Blockchain Platform for Cobalt Supply Chains

Amid ethical concerns about mining cobalt, Volkswagen is joining a blockchain-powered platform to ensure the mineral is ethically sourced. Volkswagen is joining a blockchain-powered scheme to ensure the cobalt used in lithium-ion batteries for its electric vehicles is responsibly sourced. The carmaker announced its involvement in a news release on April 18. The German-headquartered company […]

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