Blockchain news & headlines
Latest breaking stories, features and analysis
- The company seeks to eliminate on-boarding bottlenecks faced by crypto users when transacting.
- According to Will Martino, signing up for a dApp should be as simple as opening an Instagram account.
- Kadena offers two types of gas station; gas guard and gas payer
Features & analysis
Latest Blockchain news
Basler Kantonalbank (BKB), a government-owned bank in Switzerland, has waded into the crypto sector through its subsidiary, Bank Cler. A report unveiled this news on August 4, noting that the bank has assets worth approximately £37.5 billion. Founded in 1899, this BKB is the eighth-largest bank in the country and it specializes in offering retail, corporate, and private banking service. In the report, Bank Cler, formally known as Bank Coop, said...
San Francisco-headquartered crypto exchange Coinbase is exploring the option of adding multiple crypto coins on its platform. The exchange disclosed these plans through a blog post on July 31, noting that this move aligns with its mission of creating an open financial system across the globe. Per the publication, Coinbase aims to support all assets that meet its technical standards and adhere to applicable laws. According to the blog post, Coinba...
Celebrities supporting blockchain are far from being a new thing in the crypto/blockchain industry. However, while most of them only publicly supported crypto or tried to hold an ICO, actor William Shatner attempted a different approach. William Shatner’s memorabilia sale The well-known actor decided to offer his personal memorabilia in digital form, and to do so, he used the WAX blockchain. Unsurprisingly, the move was quite a success, alt...
Consensus Cell Network has joined hands with Chainlink to integrate the firm’s leading decentralized oracle live network on the Ethereum mainnet. A blog post unveiled this news on July 29, noting that this move marks a significant milestone in dApp development. Consensus Cell Network went on to state that this enabled the launch of its prediction market, which uses Chainlink’s ETH/USD price reference data feed to settle ETH price predictions that...
The banks in Italy will now be utilizing the Corda blockchain in order to bolster the double-verification transaction logs. This approach by the financial institutions of Italy is an inclination of mass blockchain adoption. The head of the Italian Banking Association (Associazione Bancaria Italiana or ABI), Silvia Attanasio said, the fundamental technology of data exchange and the method of interbank reconciliation had to change. Folks who do not...
China’s state-backed Blockchain-based Service Network (BSN) is looking to support more than 100 public blockchains within a year as stated by Yifan He, the CEO of Red Date Technologies (one of the BSN’s founding companies). An article published on Bloomberg unveiled this news on July 26. Reportedly, on August 10, the platform will start offering six public chains; Ethereum, EOS, Tezos, Nervos, Neo and Irisnet. According to He, leverag...
The ESPN Global E-Sports programming network recently announced that it has integrated online gaming with blockchain technology. The move does not come as a huge surprise, considering that gaming has been one of the oldest allies of the blockchain industry. ESPN Global moves its online games to the blockchain The move is certainly welcome, as it can help push adoption, and more importantly, continue to revolutionize both blockchain and gaming ali...
The Central Bank of Lithuania has officially issued its digital collector coin. A report unveiled this news on July 23, noting that the coin is titled LBCOIN. Per the publication, this coin is the first-ever digital coin issued by a bank in the euro era and across the globe. Reportedly, LBCOIN runs on the blockchain and it consists of six digital tokens and a physical collector coin. According to the report, the bank first announced LBCOIN at the...
The Office of the Comptroller of the Currency (OCC) has granted all nationally chartered banks in the United States to offer crypto custody services. A report unveiled this news on July 22, noting that the Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote a letter that greenlights banks to hold unique cryptographic keys for a cryptocurrency. In so doing, the OCC allowed banks to hold digital assets for their clients. Prior to this...
YouTube’s legal team has come out to argue that the video-sharing platform is not accountable for crypto scams conducted as part of its video content or descriptions. A report unveiled this news on July 22, noting that the lawyers made this argument in an ongoing lawsuit filed by Brad Garlinghouse’s attorneys in April. Reportedly, Garlinghouse’s attorneys filed this lawsuit in response to YouTube’s failure to stop XRP fraudsters and impersonators...
The UK government is suggesting to have the Financial Conduct Authority start overseeing the promotion of crypto assets. A report unveiled this news on July 20, noting that the government sees this move as an alternative to creating a new framework for such products. Reportedly, this move aims to improve investor protection. According to the report, the economic secretary to the Treasury and City Minister, John Glen noted that even firms that sel...
FinTech giant PayPal is planning to roll out crypto trading on its platform. The firm has reportedly chosen Paxos to handle the supply of digital assets for its new service. A report unveiled this news on July 20 citing two people familiar with the matter. Per the publication, this move would see PayPal become one of the most prominent traditional firms to hop on to the crypto bandwagon. In so doing, the company would join other publicly-traded p...
Coinbase announced the listing of Algorand as its new cryptocurrency after the cryptocurrency exchange listed the coin to its trading platform, Coinbase Pro, in the latter part of 2019. Algorand tends to provide solutions to the technical barriers of the current blockchain framework. The coin aims to enhance security, scalability, and decentralization. Coinbase customers can now buy, sell, and convert Algorand to other cryptocurrencies. Algorand...
Waves Enterprise and Microsoft’s Russian office have entered in a strategic five-year partnership in the sectors of corporate blockchain solutions and cloud technologies. Waves unveiled this news via a blog post, noting that this collaboration will see Microsoft Azure Marketplace integrate Waves blockchain platform. Per the publication, Waves Enterprise will be in a position to actively use and integrate with Microsoft Azure cloud technologies fo...
Tencent-back Meituan Dianping, a Chinese food delivery giant is set to begin testing China’s digital yuan. A report unveiled this news on July 15, noting that the firm has been in talks with a research wing of the People’s Bank of China (PBoC) on real-world applications for the bank’s Digital Currency Electronic Payment (DCEP). According to people familiar with the matter, the details of this partnership are yet to finalized. Per the report, t...
The Stellar Development Foundation, XLM’s creator announced that Samsung’s blockchain Keystore will integrate its payment system in the software development kit (SDK). Per the announcement, all users of the South Korean multinational conglomerate’s Keystore will be in a position to access Stellar’s blockchain. Through this integration, Stellar end users will also benefit from secure private key authentication. According to the announcement, the S...
Icecap, a company founded by Jacques Voorhees, Erik Voorhees’ father has introduced diamonds to the Ethereum blockchain. A report revealed this news on July 15, noting that the firm offers non-fungible tokens (NFTs) representing diamonds on the OpenSea marketplace. According to Jacques, he first heard about NFTs from his son, Eric Voorhees, ShapeShift’s CEO. According to the report, Icecap managed to tokenize diamonds after several firms attempte...