Blockchain news & headlines
Latest breaking stories, features and analysis
- The consultation will span more than three months before ending on February 2, 2021.
- Before this, the country’s parliament had unanimously agreed to adopt DLT laws.
- Allegedly, Switzerland’s Federal Council aims to implement crypto laws starting August 1, 2021.
Features & analysis
Latest Blockchain news
Mobility Open Blockchain Initiative’s working group, the EVGI (Electric Vehicle Grid Integration) managed to create and launch a new standard for the electric vehicle charging network. The group, chaired by General Motors and Honda, plans to make the new charging network fully decentralized through blockchain. MOBI’s efforts to improve the mobility industry According to a recent statement posted on MOBI’s website, the new standard wil...
Shenzhen, a major city in China has rolled out a digital RMB red envelope pilot program that aims to promote the digital yuan. A report unveiled this news on October 9, noting that the city’s municipal government had joined hands with the country’s central bank to distribute 10 million digital yuan worth approximately £1.16 million. Reportedly, this collaboration also intends to promote the development of the Guangdong-Hong Kong-Macao greater bay...
Litecoin developers have rolled out the MimbleWimble testnet once again. A report unveiled this news on October 6, noting that this move comes as European authorities continue scrutinizing privacy digital assets and solutions. Reportedly, the developers had previously launched the MimbleWimble testnet on September 30 but put it off because of low participation from the LTC community. According to the report, the LTC community will have to test th...
Earlier today, the Bank of Thailand (BOT) managed to successfully launch the first blockchain-based platform for government saving bonds in the world. The new platform was launched in partnership with IBM, using the tech giant’s blockchain technology. Within two weeks, the BOT managed to issue a total of $1.6 billion. Benefits of the new platform From what is known, the platform is using IBM Cloud’s highly secured blockchain technolog...
The Shenzhen Stock Exchange, one of the biggest exchanges in the Asia-pacific region is planning to co-launch a blockchain solution to help streamline trading with unlisted firms in the private sector. A report unveiled this news on October 2, noting that the exchange created this platform as part of the Beijing Regional Trading Center. Reportedly, the Beijing Fourth Board Market (BFBM), the city’s regional equity market will help co-pilot this p...
Tezos has been recently chosen as one of the public blockchains that are set to be integrated into the Blockchain-based Services Network (BSN), an international public infrastructure network for blockchain projects and firms. A blog post unveiled this news on September 25, noting that this nomination means developer teams can now access the Tezos protocol by leveraging BSN’s global public city nodes and portals. In so doing, they will be able to...
LINE, a leading Japanese messaging giant, has launched a reward program that involves giving out its token LINK to customers that use its digital services. A report unveiled this news on September 19, noting that the firm will reward its customers by connecting their accounts to its three mobile apps. These are LINE Pay for remittance and settlement, LINE Securities for personal investment, and LINE Score for credit evaluation. According to the r...
The crypto industry has seen a growing popularity in the United States, and interest seemingly skyrocketed after the Comptroller of the Currency allowed banks to offer crypto custody. Now, even the US Central Intelligence Agency (CIA) seems to have developed a deep interest in these emerging technologies. CIA launches CIA Labs The CIA recently launched a new research and development arm called CIA Labs, which will aim to conduct research and test...
Change Invest is a European based cryptocurrency trading service provider on a mission to provide users and investors with the lowest fees in the industry. Change Invest believes that trading should be simple and cheap. The platform supports 17 leading cryptos on the market. These cryptocurrencies include Bitcoin, Tezos, Litecoin, Ripple, Ethereum, Stellar, EOS, Bitcoin Cash, Cardano, Dash, among others. With Change Invest, users can trade digita...
Uniswap (UNI) is on an upward trend following the debacle with its forked asset, SushiSwap. The coin developed a bullish momentum that has seen it surge as high as $5.68 at the time of writing. This figure denotes a 121.73% gain over the past 24 hours. According to data from CoinMarketCap, UNI currently sits in the 26th position on CoinMarketCap’s Top-100 list of cryptocurrencies with a market cap of $965,380,960. Over the past 24 hours, the coin...
The South Korean government intends to introduce blockchain technology into the country’s sector. A report unveiled this news on September 17, noting that the government has pledged £0.98 million toward funding this initiative. Reportedly, the country’s Ministry of Science chose a local firm dubbed Ksign to develop a contact-free platform that will let South Koreans engage in electronic voting. Apart from this, the platform would allow the citize...
Blockchain Services Network (BSN), which is China’s biggest blockchain infrastructure project, is planning to set up a unified smart contract programming language. The initiative, announced today, was developed by an American blockchain startup and will be known as DAML (Digital Asset Modeling Language). According to the announcement, Red Date Technology will integrate the DAML and offer support for full functionality. Red Date Technology is a bi...
New York-based crypto exchange, Gemini, has announced that Compound (COMP), Pax Gold (PAXG), and Amp (AMP) tokens will now be available on the platform. Through a blog post on September 11, Gemini stated that the platform would start accepting deposits for the three tokens from September 15. According to the announcement, the platform affirmed that they had taken the right regulatory steps to comply with New York’s requirements for trading crypto...
Ethereum Classic Labs has joined hands with Chainalysis, a blockchain analysis firm, to introduce Chainalysis Know Your Transaction (KYT). A blog post unveiled this news on September 9, noting that KYT is an automated transaction monitoring solution that detects high-risk activity from OFAC-sanctioned addresses. The solution also helps identify transactions emanating from darknet markets, anomalous, and fraudulent transactions. This deal will als...
Blockchain developer Zilliqa (ZIL) unveiled its 2020-2021 cohort of companies for its ZILHive Accelerator program, giving blockchain for FinTech and Open Finance (OpFi)-minded developers and investors eight new prospects to watch. The six-month accelerator works with early- and late-stage startups that plan to use Zilliqa’s blockchain platform to build blockchain for FinTech, and the more specific area of OpFi. The program, which started Au...
The Vienna-based crypto exchange, Bitpanda, has announced that VeChain’s native token, VET, will now be available on the platform. Through a blog post on September 7, Bitpanda announced that crypto enthusiasts can now buy, sell or swap VeChain on the platform. To celebrate the listing, Bitpanda has announced a €5,000 giveaway. VET giveaway on Bitpanda Following the integration of VET, Bitpanda has organized a massive giveaway open to all ve...
Blockpit, a renowned Austrian crypto compliance firm, and software developer has purchased its German competitor, CryptoTax. A report unveiled this news on September 8, noting that this acquisition is part of Blockpit’s quest to benefit from economies of scope and to improve its international competitiveness. Reportedly, both firms were founded three years ago, and they offer their clients legally-compliant transaction reporting. In doing so, the...