BLOCKCHAIN EMBASSY

By Mark Smalley | http://bce.asia

Cryptocurrency Exchange ShapeShift Acquires Bitcoin Wallet Startup

Cryptocurrency exchange ShapeShift has acquired the bitcoin hardware wallet startup KeepKey, the two firms announced today.<p>ShapeShift will continue …

Bitcoin

Blockstream Is Using Satellites to Beam Bitcoin Down to Earth

Sounds fantastical? Maybe, but Blockstream swears it isn't as crazy as it sounds.<p>Today, the bitcoin infrastructure company is launching Blockstream …

Bitcoin

'Blockchain technology will change the world': Fidelity Labs SVP

Imagining the future of blockchain technology is like trying to imagine Google and Facebook on the day the first web browser came out, said Hadley …

Bitcoin

Community banks stand to gain from blockchain — if they work together

Blockchain is poised to disrupt financial services and beyond. For community bankers, this is a good thing so long as we start thinking about the …

FinTech

Square CEO: Blockchain Can Help Solve 'So Many Problems'

Jack Dorsey, the CEO of both Twitter and Square, recently said he believes blockchain can be used to solve problems in a range of different …

Jack Dorsey

Bitcoin Prices Break the $4,000 Barrier for the First Time

The continuing surge in the price of bitcoin has seen it climb to over $4,000 for the first time since the cryptocurrency was created in January 2009.<p>…

Cryptocurrency

$200 Million In 60 Minutes: Filecoin ICO Rockets to Record Amid Tech Issues

The ICO for the the blockchain-based data storage network Filecoin has raised as much as $250 million despite being beset by tech issues.

Bitcoin

Filecoin Presale Raises $52 Million Ahead of ICO Launch

San Francisco-based startup Protocol Labs has sold $52 million in a token pre-sale ahead of an initial coin offering launch next week.

Bitcoin

Media Producer Launches Blockchain Initiative with Government Backing

A Canadian media production firm with links to the Ontario government is seeking partners for a blockchain trial focused on tracking copyrights.

Blockchain

$1.6 Billion: All-Time ICO Funding Climbs as Record $500 Million Invested in July

Initial coin offerings are fast becoming the only way to raise money in the blockchain industry, topping $1.6 billion in all-time funding.

Venture Capital

Bitcoin Price Surges Past $3,200 to Hit All-Time High

The price of bitcoin has risen sharply, exceeding the $3,200 level for the first time on the CoinDesk Bitcoin Price Index (BPI).

Cryptocurrency

Gibraltar Stock Exchange Plans Blockchain-Powered Trading System

Gibraltar's primary securities exchange has revealed a plan to "fully integrate" blockchain into its trading and settlement systems.

Bitcoin

Indian Securities Regulator Reveals Plans to Study Blockchain

India's securities markets watchdog has announced that it will explore blockchain for potential applications to its regulatory oversight processes.

FinTech

These 7 Blockchain Apps Could Help Musicians Get Paid More Easily

Though its principles have powered tech since 2009, blockchain has enjoyed a kind of hype over the last few months that's usually reserved for a new Daft Punk record. Much of the media attention has been a result of the volatility of digital currencies like Bitcoin and Ethereum—which have continued …

Bitcoin

Arkansas Farming Cooperative Trials Blockchain to Track Chicken Shipments

A livestock farming cooperative in Arkansas is taking part in a blockchain supply chain trial.

Bitcoin

Blockchain will free international trade from paper nightmare

Around 90% of international trade takes place by sea. The paper bill of lading has been the foremost shipping document for centuries, and even today …

Bitcoin

Bitcoin's Split Is Good for Progress

These currencies should move faster toward universal acceptance, not just serve the existing community.<p>The community supporting bitcoin has long tried to avoid a so-called "hard fork" splitting the currency in two. On Tuesday, it happened anyhow. The idea behind the change is to speed up …

Cryptocurrency

Bitcoin cash is already the 3rd-largest cryptocurrency

Bitcoin cash has secured its place as a top cryptocurrency within a day of entering the marketplace.<p>According to Coinmarketcap.com, the cryptocurrency is trading at about $490 a coin, and its market cap now stands above $8 billion. As such, it is the third-largest cryptocurrency by market cap, …

Cryptocurrency

Blockchain and the Power of Singularity

Set on Sir Richard Branson’s Necker Island, the third annual Blockchain Summit, hosted by BitFury, a leading full service Blockchain company, and Bill Tai, a venture investor and technologist, has come to a close. This event was an intimate, if perfectly balanced, gathering of technology, policy, …

Bitcoin

Singapore Central Bank: Token Sales May Be Subject to Securities Laws

Singapore's central bank has released new guidance on blockchain tokens and ICOs, adopting a similar stance to that taken by the SEC last week.

Bitcoin

‘Decentraland’ – Using Ethereum Blockchain ICO to Sell Virtual Real Estate

<i>Decentraland</i> is a virtual world that is using the Ethereum Blockchain to sell plots of virtual reality real estate. They’re selling an initial …

Virtual Reality

Juniper: 6 in 10 Corporations Are Now Planning Blockchain Integrations

The majority of large corporate executives say their firms are now in the process of deploying blockchain tech, according to a new survey.

Blockchain

Venezuela’s Cash Is Now Worth Less Than Currency in ‘World of Warcraft’

Venezuela's real world currency - the bolivar - is worth less than fake gold in Azeroth, the mythical setting of <i>World of Warcraft</i>.<p>At least, that's …

Venezuela

Bank of America Files for 3 New Blockchain Patents

The U.S. Patent and Trademark Office has published three new filings from financial giant Bank of America.

Bank of America

Blockchain technology being considered by more than half of big corporations, according to study

More than half of the world's large corporations are looking into blockchain (distributed ledger technology), according to a study by U.K. research …

Bitcoin

UK Government Seeks Blockchain Pitches for £8 Million Startup Competition

A U.K. government agency is seeking pitches from blockchain startups as part of a competition focused on digital health solutions.The post UK …

Startups

Blockchain Could Make the Insurance Industry Much More Transparent

While Edward Lloyd is largely credited with commercializing the insurance industry, with the creation of his namesake firm, Lloyd’s, over 330 years ago, the original concept of spreading risk (or “mutualizing”) goes back even further. Hundreds of years before Lloyd’s was formed, Chinese merchants …

Insurance

Multinational Aid Network Trials Blockchain for Donations Tracking

A multinational aid network comprising more than 40 members, is testing blockchain to track donations and disbursements.Source

Blockchain

Swiss Bank Launches Bitcoin Asset Management Service

A private bank in Switzerland is offering its clients management services for their bitcoin holdings.Source

Asset Management