Overstock’s Blockchain Subsidiary Acquires Stake in Blockchain Banking Platform

American retail corporation Overstock.com’s blockchain subsidiary Medici has acquired a stake in blockchain banking project Bankorus. Retail giant Overstock.com, Inc.’s blockchain subsidiary, Medici Ventures, has acquired a stake in blockchain banking platform Bankorus, according to a press release published on March 11. Medici Ventures has purchased a 5.1 percent stake in Bankorus, a blockchain banking […]

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EU Report Calls for Blockchain Interoperability Standards

A new report by the European Union Blockchain Observatory proposes a series of standards regarding blockchain technology. A recent report to the European Union made recommendations on how to better develop blockchain technology, including the introduction of interoperability and scalability standards. The report was published by the European Union Blockchain Observatory and Forum on March […]

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On-chain Crypto Lending: The Path to the Mainstream By Ricky Li, Co-Founder & Head of North America, Altonomy

On-chain Crypto Lending: The Path To The Mainstream. One of the hottest topics in cryptocurrency right now is the potential ability for distributed ledger technology to transform the borrow and lending activities in traditional banking. This helps banks solve two major issues: application of legal actions and liquidity. But “on-chain” technology could solve another essential, […]

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Hodler’s Digest, March 4–10: Top Stories, Price Movements, Quotes and FUD of the Week

In major news this week, university students seem to be making a profit mining crypto, and Jack Dorsey buys $10,000 of BTC a week. Top Stories This Week Research: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners According to research from tech conglomerate Cisco, college campuses are the second-largest crypto miners across industry […]

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Bitcoin Private Team Accuses Crypto Exchange HitBTC of Fraud After Delisting

Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of fraud in connection with the recent coinburn. Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of acting in a fraudulent manner in regards to their delisting from the exchange following a planned coinburn. The accusations are portrayed in a letter written on Feb. 26 […]

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UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

A U.N. Security Council report states that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council […]

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Alibaba Exec: E-Commerce Giant Considering Blockchain Use in Complex Supply Chains

Chinese e-commerce giant conglomerate Alibaba Group is considering blockchain tech application for cross-border supply chains. Liu Song, vice president of Chinese e-commerce giant Alibaba Group, has said in an interview that the company is considering blockchain tech implementation for cross-border  supply chains. Song’s remarks were noted in an article published by China’s largest state-owned newspaper, […]

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France’s Main Trade Seaport Joins Blockchain Pilot for Freight Logistics: Report

France’s largest port, Marseille Fos Port, has joined a blockchain pilot for freight transport on the Mediterranean-Rhône-Saône axis. The main trade seaport of France, Marseille Fos Port, will participate in a blockchain pilot for freight logistics in June 2019, local industry news outlet PortSEurope reports on March 6. The project aims to use blockchain technology […]

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