Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin: FT Report

Anonymous sources say that Facebook’s upcoming Globalcoin project is “bigger and more open” than just a payment method. Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing two people familiar with Facebook’s “Globalcoin” project, […]

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Russian State-Owned Holding Giant Proposes to Apply DLT in All the Gov’t Data Systems

Russian state-owned firm Rostec offers a $1.3 billion-worth plan to apply blockchain in all the state data systems. Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24. An institution under Rostec has reportedly developed a blockchain roadmap worth of […]

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EOS BP, Explained

A closer look at EOS Block Producers: What they are, their function and how to become one. How does the EOS governance model fit in with the blockchain ethos of decentralization? In the past, the EOS network has been forced to answer to allegations regarding this very question. In October 2018, when the EOS mainnet […]

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Maltese Government Awards 19 Blockchain Scholarships Using DLT Fund

Malta’s government has awarded 19 blockchain scholarships from the fund set up by the University of Malta and MITA. The Maltese government has awarded 19 students blockchain scholarships worth a total of 160,000 euro ($179,000), local publication the Malta Independent reports May 23. The scholarships were granted by Silvio Schembri, Parliamentary Secretary for Financial Services, […]

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E-Commerce Giant Alibaba to Integrate Blockchain Into Intellectual Property System

Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands. Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands, local news outlet Sohu reported on May 23. Ali Xizhi, the company’s director of intellectual property protection, reportedly said […]

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Ryan Kavanaugh’s Media Firm Secures $100 Million Investment for Crypto Project

Film producer Ryan Kavanaugh’s media firm Proxima Media has reportedly earmarked a $100 million investment for a cryptocurrency project. United States-based film producer Ryan Kavanaugh’s Proxima Media has unveiled a $100 million investment for a cryptocurrency-based film funding tool, entertainment industry news outlet TheWrap reported on May 23. Per the report, Proxima Media — which […]

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Blockchain Firm Raises $4 Million From Draper’s VC Fund to Provide Uncensorable Domains

Following a Boost VC-led $730,000 seed round in 2018, Unstoppable Domains now raised $4 million to decentralize websites. San Francisco-based blockchain domains firm Unstoppable Domains has secured $4 million in a funding round backed by venture capitalist Tim Draper, co-founder Brad Kam told Cointelegraph in an email on May 23. Following a $730,000 seed round […]

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