The shipment from China to Singapore was chosen in the run-up to lunar new year, IBM says. IBM is continuing its foray into blockchain trade management, completing a new trial which shipped 108,000 mandarin oranges to Singapore, a press release confirmed on Jan. 31. IBM, which is focusing on speeding up efficiency in multiple trade […]
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SBI Holdings has published its nine-month financial report, recognizing Ripple’s potential in cross-border payments. Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments. SBI outlines the implementation of technologies by Ripple (XRP) […]
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The New York State Department of Financial Services has granted a BitLicense to a Bitcoin ATM operator, Cottonwood Vending LLC. The New York State Department of Financial Services (NYDFS) has granted a virtual currency license, or BitLicense, to Cottonwood Vending LLC, according to an official tweet on Jan. 31. Cottonwood Vending is a Bitcoin (BTC) […]
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Daniel Haudenschild, CEO of the blockchain advisory unit at Swiss state-owned telecoms company Swisscom, has left the firm. The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30. As major local news outlet Swissinfo reported the same […]
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The top 20 cryptocurrencies are reporting moderate to heavy losses, with Bitcoin under $3,450 again. Thursday, Jan. 31 — all of the top 20 cryptocurrencies are reporting moderate to heavy losses on the day by press time. Bitcoin (BTC) is hovering under $3,450 again, according to Coin360 data. Market visualization from Coin360 At press time, […]
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U.S.-based venture firm Blockchain Capital leads a $1.7 million seed round for blockchain compliance startup TRM. United States-based investment firm Blockchain Capital has led a seed funding round for blockchain compliance startup TRM, a press release from the firm reveals Jan. 31. TRM announced today that it had a closed a funding round totalling $1.7 […]
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Staked, a startup aiming to make staking on PoS blockchains easier for institutional investors, raised $4.5 million from Pantera Capital, Coinbase and others. Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31. The startup, which targets institutional investors […]
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Messaging app Kik intends to take the fight to the SEC if regulatory action is taken against its 2017 token sale. Canadian-based social media startup Kik is gearing up to challenge a proposed enforcement action from the United States Securities Exchange Commission (SEC) over a fundraising initiative in 2017. The American securities regulator believes that […]
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Merck, the world’s oldest pharma firm, has won a USPTO blockchain patent that aims to increase supply chain security. Merck, the world’s oldest operating pharmaceutical firm, has won a blockchain patent from the United States Patent and Trademark Office (USPTO), Cointelegraph auf Deutsch reported Jan. 30 The German multinational has developed a system that uses […]
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Blockchain technology is facing a serious scalability issue, and solving it might not be as easy as some think. In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies […]
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