Blockchain Startups

American Express Upgrades Rewards Program with Hyperledger Blockchain

Financial services giant American Express launched a blockchain-based rewards program in partnership with digital retailer Boxed on Wednesday.<p>The …

Cryptocurrency

GUN raises more than $1.5M for its decentralized database system

GUN is an open-source decentralized database service that allows developers to build fast peer-to-peer applications that will work, even when their users are offline. The company behind the project (which should probably change its name and logo…) today announced that it has raised just over $1.5 …

Startups

Ticketfly Cofounder and Monero Ringmaster Start New Blockchain Project

Dan Teree has been building ticketing businesses since the dotcom days.<p>When Teree joined TicketWeb in 1999, the then 3-year-old company claimed to be …

Blockchain

India Considers 18% Tax on Cryptocurrency Trading as Blockchain Startups Leave

India may apply the Goods and Services Tax (GST) to cryptocurrency trading as they could be classed as intangible goods. Reports claim this 18% tax …

Bitcoin

Coinbase Is Rebranding Its Flagship Exchange Service

Coinbase announced Wednesday that it is launching a new version of its GDAX platform called Coinbase Pro and acquiring crypto trading relay platform …

Cryptocurrency

IBM Announces Blockchain Research as a Focus for French Expansion

Technology giant IBM is hiring nearly 2,000 people in France - and many of them will be focusing on blockchain technology, chief executive Virginia …

Cryptocurrency

Norway's Central Bank Mulls Digital Currency as Cash Use Declines

Norway's central bank is preparing for a future in which it might issue a digital currency amid a slump in cash usage in the country.<p>Looking into the …

Cryptocurrency

Thai Bank Pilots Cross-Border Transaction Using Blockchain

Thailand's Bank of Ayudhya PCL successfully conducted a cross-border transaction with a bank in Singapore using a blockchain, the bank announced …

Cryptocurrency

China Prosecutes 98 Over Alleged $2 Billion OneCoin Pyramid Scheme

Prosecutors in China have charged a final four suspects of almost 100 that were said to be involved in an alleged $2 billion cryptocurrency pyramid …

Cryptocurrency

China Orders Faster Blockchain Development in Top-Level Missive

China's State Council, the country's central administrative branch of government, has sent a highest-level order demanding that local authorities …

Free Trade

UN Projects Division Looks to DLT For Higher Operation Efficiency

The United Nations Office for Project Services (UNOPS) is teaming up with the IOTA Foundation to see how the latter's distributed ledger technology …

Cryptocurrency

India Considers New Tax on Cryptocurrency Trades

India is weighing up whether to impose goods and service tax (GST) on cryptocurrency trades, a report suggests.<p>According to Bloomberg, people close …

Cryptocurrency

Rural Banks Tap Kaleido Blockchain for Faster Transactions in Philippines

Rural banks in the Philippines are looking to adopt blockchain technology in bid to improve financial inclusion for local residents.<p>According to a …

Union Bank

Po.et launches lab for developers to build apps on publishing blockchain

Po.et is an open source, not-for-profit publishing network built on the blockchain with the broad ambition of changing how we distribute, license and monetize content on the internet. Today, it announced it was opening the Po.et Development Labs, a place for developers to experiment with new ideas …

Blockchain

Battle for Developers Escalates at Blockchain Startups

David Schwartz, the chief cryptographer at blockchain startup Ripple Inc., recently saw a developer on his team receive not one, but two, $1 million signing bonus offers.<p>He said one offer was from a cryptocurrency startup, the other from a large technology company with a blockchain initiative.<p>Pay …

Startups

Bitcoin Closing on Long-Term Bear Indicator Not Seen Since 2014

Following bitcoin's recent losses, a key long-term trend indicator is looking increasingly bearish.<p>Notably, the five-month moving average (MA) has …

Cryptocurrency

Next-gen technologies need application scenarios to have impacts: JD CTO Zhang Chen

JD is very serious about AI and other emerging technologies. The online retailer wants to lead China’s innovations not only in terms of business …

Business Development

Monero's Lead Developer Is Helping Launch a Crypto Trading Protocol

Loyalty points, concert tickets and in-game items will soon appear on a new protocol built on the monero network.<p>Called Tari, this new digital assets …

Cryptocurrency

Bitcoin Price Falls to 35-Day Low Below $8K

Bitcoin's price has slipped below $8,000 on Wednesday, reaching its 35-day low since Apr. 18 within just an hour after the trading entered morning …

Cryptocurrency

Singapore Proposes Regulatory Boost for Decentralized Exchanges

The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, is proposing changes to existing regulations that would ease …

Cryptocurrency

Bank of America Patents Blockchain Security Tools

Bank of America has won a patent for a way to control access to certain aspects of a permissioned blockchain network, newly published documents …

Cryptocurrency

Circle Adds 'Buy the Market' Feature to Its Crypto Investment App

Payments startup Circle has launched the full version of its crypto investment app.<p>After a soft launch back in March 2018, the company is making the …

Cryptocurrency

CFTC Issues Guidance for Firms Offering Cryptocurrency Derivatives

The U.S. Commodity Futures Trading Commission (CFTC) has released new guidance for clearinghouses and exchanges planning to list …

Cryptocurrency

Huobi Pro Launches New Crypto Market Index

Cryptocurrency exchange Huobi Pro is launching a new market index for its customers, the company announced Wednesday.<p>The Huobi main force index will …

Cryptocurrency

UK 'Cryptoassets' Task Force Plots Path Forward at First Meeting

The U.K.'s recently created Cryptoassets Taskforce has taken the first step on its mission to "develop thinking and policy" around blockchain and …

Cryptocurrency

He Paid How Much? CoinDesk Releases 'Bitcoin Pizza Day' Price Tracker

Eight years ago today, the first reported exchange of bitcoin for a consumer product - a pair of Papa John's pizzas - took place.<p>At a total cost of …

Cryptocurrency

South Carolina Sanctions Startup Over Unregistered Token Sales

Blockchain startup ShipChain has been hit with a cease-and-desist order from the South Carolina Attorney General's Office, which claimed the company …

Cryptocurrency

India's Supreme Court to Hold Crypto Lawsuit Hearing in July

The Indian Supreme Court will hold a hearing in July in an effort to decide on the growing number of crypto-related petitions filed against the …

Cryptocurrency

Seoul Mayor Proposes Blockchain Incubation Center in Re-Election Pitch

The mayor of the South Korean capital Seoul has pledged increased support for blockchain development as he pitches for re-election in June.<p>According …

Cryptocurrency

Taiwan Eyes Blockchain Growth with New Parliamentary Alliance

Lawmakers in Taiwan have today announced the formation of a new parliamentary group aimed to help foster the nation's emerging blockchain sector.<p>The …

Cryptocurrency