Blockchain technology continues to thrive in India. In contrast, the stance toward cryptocurrencies remains negative and unfriendly. So much so that major crypto exchanges like Zebpay were forced to shut down. Cryptocurrency Exchanges in India Forced to Close Shop The situation regarding crypto in India continues to deteriorate. A lack of proper regulations, as well…
Fidelity Investments is a 72-year company with more than $7 trillion in investor’s funds under management, and despite their well-established position within the traditional retail markets, they are incredibly open to nascent technologies, like cryptocurrency and blockchain. Fidelity’s openness to blossoming new technologies is setting themselves into a unique niche. In certain ways, it is…
An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies that allow for much more anonymity. Wall…
The impacts of blockchain technology are undeniable, and it has already begun to have a tremendous effect on a plethora of industries. That being said, a newfound use case for blockchain proves that the technology could impact far more than supply chains, logistics, and finance. It could potentially solving one of the world’s most pressing…
Scotland-based Edinburgh Napier University has announced the official launch of the Blockpass Identity Lab — the first blockchain identity laboratory in the world. This represents the first research facility in Europe that will be entirely dedicated to the research and development of blockchain technology. The aim of it is to explore different new use cases…
A new press release published yesterday claims that FedEx, the U.S.-based courier delivery service has just joined Hyperledger. FedEx Becomes Hyperledger’s New Partner According to the press release, FedEx has just partnered up with Hyperledger, an open-source blockchain project that aims to revolutionize cross-industry blockchain technologies. Hyperledger is hosted by the Linux Foundation, and its goal…
The world of cryptocurrencies has many secrets, despite its young age. However, as this technology promotes transparency, many of those secrets are slowly being discovered. One such secret includes the sudden rise of crypto exchanges, many of which were next to unknown only a few, short months ago. Crypto Exchanges Reporting Fake Volumes Today, exchanges…
Although the number of individuals signed up for Coinbase has reportedly surpassed 20 million, boasting a user base that some institutions would envy, some analysts claim that the crypto and blockchain industry and the firms backing it still have the potential to undergo a monumental round of maturation and expansion. “Coinbase: The Stock Broker For Poor…
With the recent increase in popularity of the blockchain technology, many believe that it is only a matter of time before this tech enters the mainstream. However, to do that, it will first need a catalyst, and many have been wondering for a while just what that might be. According to Loom Network’s recent Medium…
Mastercard’s research and development wing is looking into the implications of blockchain and other cutting-edge technologies to increase general efficiency at the firm. The Ireland-based subsidiary of the international payments giant has been responsible for various innovations in the six years since its formation. Mastercard Labs Innovating in the Digital Payments Space The second largest…