Indian IT Giant Tech Mahindra and Local Gov’t Launch Blockchain Accelerator

Indian IT giant Tech Mahindra is launching a blockchain accelerator together with the government of the southern state of Telangana. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, is launching a blockchain accelerator together with the government of the southern state of Telangana.  The parties hope the accelerator will become a “torch-bearer” for […]

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How Can Blockchain Improve Data Storage?

Compared to traditional cloud servers, decentralized solutions for data storage claim to be secure, private and efficient, but can they address the scalability issue? Cloud servers are able to keep a full record of our lives, storing literally everything from personal photos and videos from our smartphones to work documents. At first glance, this solution […]

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China Walks Back Hardline Media Rhetoric Toward Crypto and Blockchain

With Chinese President Xi Jinping recently showcasing support for blockchain, local media is seemingly changing its sentiment toward crypto. Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application of blockchain technology.” This latest endorsement […]

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Cryptosteel Launches Physical Device for Private Key Backup Protection

Cryptosteel has launched its Cryptosteel Capsule, a physical backup device for the offline storage of Bitcoin private keys, passwords and wallet recovery seeds. Cryptosteel has launched its Cryptosteel Capsule, a physical backup device for the offline storage of private keys, passwords, and wallet recovery seeds. The company announced the official launch of the product in […]

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Digital Asset Partners With Amazon AWS Aurora on Smart Contract Language Interoperability

Digital Asset has partnered with Amazon Web Services Aurora to make its open-source smart contract language more interoperable. Blockchain software firm Digital Asset has partnered with Amazon Web Services (AWS) Aurora to make its open-source smart contract language Digital Asset Modeling Language (DAML) more interoperable. The partnership was revealed in a press release acquired by […]

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Indian State of Telangana Aims to Set up Blockchain District for Start-Ups

Telangana plans to establish the country’s ostensibly first blockchain district by offering tax relief, resource subsidies and financial grants. The Southern Indian state of Telangana plans to establish the country’s ostensibly first blockchain district, local newspaper The Hindu Business Line reported on May 27. The planned district will reportedly aim to establish an ecosystem for […]

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Crypto Developer Raises $4 Mln From Samsung, Others to Launch Wallet Without Private Keys

ZenGo uses new forms of transaction signing to simplify the crypto experience for non-technical new crypto users Israeli cryptocurrency developer KZen has raised $4 million from backers including South Korean electronics giant Samsung, industry news outlet The Block reported on April 17. The company’s product, smartphone wallet app ZenGo — currently in beta phase testing […]

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Coinbase Wallet Users Can Now Back Up Their Private Keys on Google Drive and iCloud. How Safe Is It?

A look into the Coinbase Wallet’s new feature. On Feb. 12, San Francisco-based cryptocurrency exchange Coinbase announced that users of its Coinbase Wallet can now back up their private keys on cloud storage, namely on Google Drive and iCloud. The move has received mixed reaction from crypto community and cybersecurity experts, some of whom seem […]

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