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Blockchain Credit Union Consortium to Use R3’s Corda for Cross-Border Payments Product

May 22, 2019cashtechnews

CULedger, a blockchain consortium and credit union service organization, has chosen R3’s Corda blockchain. CULedger, a blockchain consortium and credit union service organization (CUSO), has chosen enterprise software firm R3’s Corda blockchain to underpin its forthcoming cross-border payments product. The news was reported by fintech news outlet Finextra on May 21. As reported, CULedger joined […]

EOS Developer Block.One Attempts 10% Private Buyback of Its Stock

May 22, 2019cashtechnews

EOS developer Block.one is offering backers a share repurchase price that will return as much as 6,567% on their initial investments. EOS developer Block.one is attempting a 10% buyback of its stock, offering backers a share repurchase price that will return as much as 6,567% on their initial investments. The news was reported by Bloomberg […]

Circle Sheds 10% of Workforce as CEO Blames Restrictive US Regulatory Climate

May 22, 2019cashtechnews

30 employees left the company on May 21, says Jeremy Allaire, amid the turnaround in the crypto markets. The CEO of Goldman Sachs-backed crypto finance startup Circle blamed a hostile regulatory climate in the United States as he confirmed layoffs of 30 staff on social media May 21. Following a blog post in which he […]

Hackers Steal $100,000+ Worth of BTC From Engineering Manager at Crypto Custodian BitGo

May 22, 2019cashtechnews

Sean Coonce, engineering manager at cryptocurrency custodian BitGo, announced that he has fallen victim to a SIM swapping hack. Sean Coonce, engineering manager at cryptocurrency custodian BitGo, announced that he has fallen victim to a SIM swapping hack in a Medium post published on May 20. According to the post, Coonce had over $100,000 siphoned […]

Ethereum Foundation Announces Details on $30 Network Development

May 21, 2019cashtechnews

The Ethereum Foundation has announced a three-section approach to allocating the $30 million it earmarked for yearlong development costs. The Ethereum Foundation has announced a three-pronged approach to allocating the $30 million it has designated for developing the Ethereum network over the next year, in an official blog post on May 21. The breakdown for […]

New Zealand Blockchain Group to Request Government Blockchain Strategy

May 21, 2019cashtechnews

The New Zealand-based blockchain collective BlockchainNZ will request that the government form a national blockchain strategy. New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21. The executive director of Blockchain NZ, Mark Pascall, will give a […]

‘Blockchain Is Really Democratizing a Lot of Things,’ Interview With Marta Piekarska, Director of Hyperledger’s Ecosystem

May 21, 2019cashtechnews

Talking with the director of ecosystem at Hyperledger on blockchain adoption, community stereotypes and the power of education. This interview has been edited and condensed. Hyperledger, an open source project, was created in 2016 by the Linux Foundation in order to support the development of blockchain-based distributed ledgers. All the members of Hyperledger — including […]

Report: Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents

May 21, 2019cashtechnews

The Chinese e-commerce giant JD.com has reportedly applied for over 200 patents. Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20. The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and […]

Circle CEO Jeremy Allaire: Crypto Space Needs Regulatory Certainty

May 21, 2019cashtechnews

The CEO of CIrcle, Jeremy Allaire, has said that the crypto space needs regulatory certainty and the current definition of crypto is too broad. The cryptocurrency space needs regulatory certainty and the current definition of cryptocurrency is too broad, said the CEO of crypto finance startup CIrcle, Jeremy Allaire, in a blog post on May […]

SEC Postpones VanEck Bitcoin ETF, Yet Again. Should We Expect an Approval in 2019?

May 21, 2019cashtechnews

The SEC delays its decision on the VanEck SolidX bitcoin ETF proposal yet again. Yesterday, the United States Securities and Exchange Commission (SEC) postponed its decision on the VanEck/SolidX bitcoin (BTC) exchange-traded fund (ETF) proposal, signaling that the regulator is still not ready to see crypto-based funds being traded on regulated exchanges. However, while the […]

Tag: blockchain

Blockchain Credit Union Consortium to Use R3’s Corda for Cross-Border Payments Product

EOS Developer Block.One Attempts 10% Private Buyback of Its Stock

Hackers Steal $100,000+ Worth of BTC From Engineering Manager at Crypto Custodian BitGo

Ethereum Foundation Announces Details on $30 Network Development

New Zealand Blockchain Group to Request Government Blockchain Strategy

Report: Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents

Circle CEO Jeremy Allaire: Crypto Space Needs Regulatory Certainty

SEC Postpones VanEck Bitcoin ETF, Yet Again. Should We Expect an Approval in 2019?

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