BLOCKCHAIN EMBASSY

By Mark Smalley | http://bce.asia

The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers

Behind the guards, the blast doors and down corridors of reinforced concrete, sit the encrypted computer servers -- connected to nothing -- that hold …

Bitcoin

Walmart Wants to Store Payment Data On a Blockchain

Newly published patent filings from retail giant Walmart hint at a plan to store payments data using blockchain tech.<p>The two applications - published …

Bolivar to Bitcoin Market Hits Record $1 Million Per Day

The Venezuelan bolivar to bitcoin market reached a record on Tuesday, as the dollar-starved nation increasingly seeks the digital token in exchange …

Cryptocurrency

Sitting with the cyber-sleuths who track cryptocurrency criminals - MIT Technology Review

Spiky yellow and blue shapes begin to fill a screen that spans an entire wall in a lab at Imperial College London. The shapes emerge from empty space …

Bitcoin

Amazon Patents a Bitcoin Analysis Service

<b>Law enforcement agencies are showing great interest in Bitcoin users as of right now. They mainly intend to crack down on illicit activities taking</b> …

Bitcoin

Coinbase buys Earn.com and makes CEO Balaji Srinivasan its first CTO

Coinbase, the prominent cryptocurrency exchange, has announced its most significant piece of M&A to date after it agreed to buy Earn.com, the U.S. startup that uses the blockchain for its paid-email service, in a deal worth more than $120 million. In addition, Coinbase has appointed Earn.com …

Why Everyone Missed the Most Mind-Blowing Feature of Cryptocurrency

There’s one incredible feature of cryptocurrencies that almost everyone seems to have missed, including Satoshi himself.<p>But it’s there, hidden away, …

Bitcoin

Inside the Jordan refugee camp that runs on blockchain - MIT Technology Review

A few times a month, Bassam pushes a shopping cart through the aisles of a grocery store stocked with bags of rice, a small selection of fresh …

Blockchain

Ripple Invests $25 Million of XRP in Blockchain Capital Fund

Ripple has invested $25 million worth of its XRP token in Blockchain Capital's Parallel IV venture fund, the startup announced on Wednesday.<p>The …

Coinbase Acquires Ethereum Wallet Startup Cipher Browser

Cryptocurrency exchange Coinbase has acquired mobile ethereum wallet Cipher Browser, the companies announced on Friday.<p>Cipher Browser, which also …

YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

Peter “Furious Pete” Czerwinski has close to 5 million YouTube followers, but they can’t see most of his new videos there. To get 46 of the 71 …

Social Media

22 European Nations Come Together with Blockchain Partnership

On April 10, 2018, 22 European countries joined forces to cooperate on blockchain regulation and education.<br>The European Blockchain Partnership “will …

Europe

How Blockchain Is Threatening to Kill the Traditional Utility

If utilities think rooftop solar panels and batteries are bad for business, blockchain should scare the bejeezus out of them.<p>That’s because in …

Wind Power

Chainalysis Raises $16Mn – Plans to Monitor Multiple Blockchains

<b>The blockchain surveillance company Chainalysis has announced it has raised $16 million USD in a Series A funding round from the firm Benchmark.</b> …

Bitcoin Cash

Australia Seeks Public Input on Crypto Tax Guidelines

Australia's government wants to hear from the public about its tax treatment of cryptocurrencies.<p>The Australian Tax Office (ATO) said Monday that it …

Vitalik Wants You to Pay to Slow Ethereum's Growth

Could adding a new fee help preserve ethereum in the long term?<p>It's a contentious statement in light of the debates ongoing across blockchains over …

Spring Labs Raises $15 Million to Build Credit Data Blockchain

Spring Labs, a blockchain startup that aims to decentralize the data-sharing process in the credit industry, has raised $14. 75 million in a seed …

Ford Patent Envisions Car-to-Car Crypto Transactions

A new patent awarded to Ford suggests the U.S. automaker is considering the use of cryptocurrency to let cars on the road communicate with each other …

Second Life Creator: High Fidelity’s HFC Is a Social Cryptocurrency for VR

In December 2017, High Fidelity announced the launch of Avatar Island, a Virtual Reality (VR) space where High Fidelity users can purchase items for …

Virtual Reality

A Nobel-winning economist is part of a team launching a low-volatility cryptocurrency

Last year, when the price of bitcoin rose 1,000%, you might have regretted not buying in. Now that it has fallen almost 40% so this year, perhaps you don’t have as many regrets. The murky trading and wrenching volatility of cryptocurrencies threaten their place as a fundamental plank of the future …

A16z, USV Lead $12 Million Funding for CryptoKitties

The team behind the viral ethereum app CryptoKitties is breaking away from its parent company, Canada-based Axiom Zen, and raising $12 million in …

PlayTable tablet uses blockchain technology to enhance board games

Bored of normal board games? A San Francisco company has developed a tablet system to ride the resurgence in tabletop gaming<p>San Francisco-based company Blok.Party has developed a new way to play board games using blockchain technology: the PlayTable, a hybrid of video games console and table-sized …

Board Games

Gibraltar Plans to Regulate ICO Tokens as Commercial Products

Gibraltar's government provided new details about its plan to regulate initial coin offerings in a white paper published on Tuesday.<p>Notably, the …

Bitcoin's Highly-Anticipated Lightning Network Goes Live As Startup Raises $2.5 Million

In a blog post published today, Lightning Labs announced the beta release of their highly-anticipated Lightning Network Daemon (LND), which is a developer-friendly software client used to access Bitcoin’s Lightning Network. The Lightning Network has long been viewed as a tremendous breakthrough in …

Bitcoin

The International Monetary Fund Has a Dystopian Vision for the Blockchain

IMF head Christine Lagarde wants to “fight fire with fire” in order to regulate cryptocurrencies.<p>The International Monetary Fund is an ideological enemy to Bitcoin and decentralized virtual currencies in general. The Washington, DC-based organization centrally controls a global system of payments …

GE's Transport Arm Joins Blockchain Consortium

General Electric has joined a blockchain consortium through its transportation division.<p>GE Transportation announced last Thursday that it has become …

The Decentralized Internet Is Here, With Some Glitches

I usually write in Google's online word processor Google Docs, even when noting the company's shortcomings. This article is different: it was drafted …

Coins and Tokens Aren’t the Same; Difference Between Cryptocurrency Coins and Tokens

Even though cryptocurrencies have boomed recently, few people understand the technicalities behind them. There are tons of different factors behind …

Bank Negara Malaysia Issues Cryptocurrency Regulation

Following the public consultation issued by Bank Negara Malaysia in December, the central bank has announced the official cryptocurrency regulation …