It’s no secret that China has a long and complicated history with cryptocurrency and blockchain technology, at times showing their love and hopefulness for the latter, while frequently taking actions to prohibit the use of the former. While speaking at East Tech West, Edith Yeung, the head of 500 Startup’s China unit, spoke to CNBC about this…
In recent years, as “Bitcoin”, “Ethereum”, and “blockchain” became common sounds in the global vernacular, a number of innovation-friendly corporations and forward-thinking startups have sought to implement this nascent innovation into their businesses. However, while many firms seem good-willed with their blockchain ambitions, some skeptics believe that these corporations could mean ill, or, at the…
Since the introduction of blockchain in 2008, there have been more than 80,000 digital ledger technology projects launched around the world. In 2016, a total of 29 crypto projects raised over $6 billion via tokenized crowdfunding (ICO). The next year, 871 ICOs raised a whopping $6 billion, causing a wave of investment into the blockchain…
Ernst Young, one of the largest professional services firms in the world, will be hiring 2,000 employees in India in the next three years as part of its plan to build up its digital solution services in a number of domains including blockchain technology. EY to Invest $1 Billion to Expand into Blockchain, AI EY, which…
The founder of early crypto adopting online retailer Overstock is confident about the potential of blockchain technology. He is so optimistic, in fact, that he plans to sell his commanding stake in the firm’s retail wing to explore its blockchain venture division, Medici Ventures. Bryne Bets Big on Blockchain Despite the 2018 crypto bear market…
When a blockchain forks, the new chain is often seen as an improvement over the existing one. The loyalties of the developers and crypto communities may be divided, but failure to come to consensus will result in a forked chain. Stress Test Breaks BSV This is exactly what happened to Bitcoin Cash last week and…
North Korea has announced plans to hold an international blockchain and cryptocurrency conference, marking the first time industry experts have been publicly invited to the reclusive state. The Pyongyang Blockchain and Cryptocurrency Conference will take place in the nation's capital in April 2019 and attendees will be treated to a seven-day tour of the country.…
Crimea, a disputed territory between Ukraine and Russia, is heading towards the creation of an international center for blockchain technology. Authorities in the Crimean Peninsula regard blockchain technology as a solution for states under international sanctions. Crimea was annexed by the Russian Federation in 2014 following a coup d’etat in Ukraine. The majority of international…
Oxfam has officially launched their blockchain-based program, called BlocRice, that is aimed at giving farmers significantly more negotiation power and to increase the efficiency of the supply chain by connecting buyers and suppliers directly through their system. The new program, which has undergone successful trials in Cambodia, has a primary goal of increasing revenues for farmers,…
Twitter has been on the losing side of an ongoing battle with scammers who are leveraging the platform’s user base to steal cryptocurrencies. However, the company has revealed that it’s implemented some safeguards in an attempt to reduce the frequency of such scams and better protect its users. Twitter Issues Statement, Implements Scam Countermeasures Twitter,…