IBM and insurance broker Marsh are developing a blockchain-based platform to maximize efficiency in insurance verification. ACORD Corporation and ISN will also be working in partnership with them. The system will be built on IBM’s blockchain platform as well as the Hyperledger Fabric code. Why a blockchain-based insurance platform? A blockchain-based insurance platform can help in reducing […]
Archive | April 19, 2018
The face on the online casino gaming industry is rapidly changing thanks to new groundbreaking technologies like cryptocurrencies, blockchain technologies, and smart contracts. What this means is that the once impenetrable and over-saturated online casino industry is changing, allowing new blood in, transforming the industry by allowing smaller operators to offer a more unique and… […]
Russia-based SKYF drone manufacturing company and Vietnam-based International Transportation and Trading Company (ITC) agreed to become partners. ITC plans to launch a service for unmanned aerial cargo logistics with SKYF heavy lifting drones and invest the purchasing of two SKYF drones for testing. The deal will be completed by the end of 2019. Now the… […]
Giving progress reports on their blockchain projects, bankers come across browbeaten and anxious, while their cousins in insurance sound spritely.
North America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. USA Authorities launch major investigation into Bitcoin trading: The attorney general for the US district of New York has launched an investigation […]
The self-branded “Venture Capital Working Group” has approached the SEC to propose regulatory “Safe Harbors” for some tokens and cryptocurrency. Crypto Advocates Bring Proposal to SEC A group of lawyers and investors assembled by venture capital firm Andreessen Horowitz met with the SEC in Washington on March 28 to lobby against defining all cryptocurrencies as securities which… […]
Key Highlights Ripple price extended gains and moved above the $0.8500 level before correcting lower against the US dollar. There is a key bullish trend line forming with support at $0.7900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting lower and it will most likely find… […]
Tezos is embroiled in controversy once again as co-founder Arthur Breitman is slapped with a fine and a trading ban for two years by The Financial Industry Regulatory Authority (FINRA). Breitman Fined $20,000 The Wall Street regulatory body has come to a settlement with Breitman after he was accused of making false statements about his side venture… […]
CoindeskBitcoin Pyramid Scheme Allegedly Hoaxed $20 Billion In South KoreaCoindeskTwo suspects from South Korea have allegedly used a pyramid scheme that involves bitcoin to swindle a total of $20 billion from investors in the country. The news was made public as a judge from Seoul’s Incheon District Court has issued a fine of $15 …and […]
Two suspects from South Korea have allegedly used a pyramid scheme that involves bitcoin to swindle $20 billion from investors in the country.
FOMO Moments Crypto markets are performing well once again and have broken through the previous high from the last rally indicating a return to bullish sentiment. Total market cap has exceeded the $350 billion level and buying pressure has been strong this morning in Asia. Bitcoin has led the charge trading upwards of $8,350 which… […]
Key Points Bitcoin cash price soared higher and broke the $960 resistance level against the US Dollar. There is a new connecting bullish trend line forming with support at $960 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to extend gains above the $1,000 and $1,020 levels… […]
CoindeskBad Checks: Twitter’s Identity Crisis Is Costing Users More Than BitcoinCoindeskTrust, but verify. Borrowed from a Russian writer, it’s one of crypto’s most widely embraced slogans, though one that’s becoming even more relevant on social media, where battling factions bent on promoting the next great high-tech investment are now …and more »
ForbesBitcoin’s Energy Consumption Can Power An Entire Country — But EOS Is Trying To Fix ThatForbesProof of work (POW) is data that is costly and time-consuming to produce but easy for others to verify. The Bitcoin POW mechanism is so costly that it consumes the same amount of electricity it takes to power a country […]
Twitter’s blue check mark verification system is falling under the pressure of the complicated crypto world.