News

VeChain (VET), the world’s 18th largest cryptocurrency by total market cap, has partnered with one of China’s largest electric car manufacturers, BYD, according to a Medium blog post. Through its partnership with DNV GL and VeChain, BYD has created Carbon Credits and blockchain solutions ready for mass production.https://t.co/taCw8Gn8fI — VeChain Foundation (@vechainofficial) September 5, 2018 […]

Distributed ledger technology (DLT) is changing the way energy ecosystems function on a city-wide level. Making strides in innovation, the IOTA Foundation and ENGIE Lab Crigen, a corporate research center, have partnered to produce new, smart energy ecosystems using blockchain, according to a blog post. IOTA Tangle, IoT and Energy Ecosystems Under the terms of […]

The wholly-owned investment fund of Cameron and Tyler Winklevoss has filed a patent describing a secure mechanism for storing digital assets, according to a patent filing published by the U.S. Patent and Trademark Office (USPTO). Winklevoss Attempt Crypto Breakthrough The document, titled “Systems and methods for storing digital math-based assets using a secure portal,” details […]

Cryptocurrency-based exchange-traded funds (ETFs) have been long-awaited by the crypto community as a catalyst for incoming institutional capital. According to a report by Business Insider, Coinbase is seeking to launch a cryptocurrency ETF. Coinbase Explores Crypto ETF San Francisco-based startup Coinbase is exploring the launch of a cryptocurrency ETF and has sought advice from the […]

One of the first major investment banks to enter the cryptocurrency sector, Goldman Sachs has been hinting at launching a Bitcoin trading desk since June. Following news of a delay, Goldman Sachs CFO Martin Chavez is now saying that the firm never had a timeline for it in the first place. Goldman Sachs Never Planned […]

Twitter CEO Jack Dorsey has presented a possible solution to the issue of Twitter fraud at a Congressional committee Wednesday, stating that the social media platform is currently investigating the application of blockchain technology to create decentralized trust and enforcement mechanisms. The Twitter ecosystem is saturated with scams, fraud and impersonation, and the Twitter cryptocurrency […]

The European Union is currently investigating the potential benefits of adopting a set of common rules regarding the distribution and trading of cryptocurrencies and digital assets, with a report calling for stricter disclosure roles set to be considered by EU finance ministers later this week. The report, prepared by Brussels-based think tank Bruegel for EU […]

Seattle-based Bittrex’s global trading platform continues to increase its credibility by securing a licensing deal with Cryptofacil, a fintech company facilitating clients in Latin America and the Caribbean. Uruguay’s Future in Crypto By marrying Uruguay-based Cryptofacil’s marketing strategy for Latin American customers with Bittrex’s trading platform technology, cryptocurrencies are able to increase their global footprint; […]

Blockchain is enabling a new era of frictionless payments and is disrupting multiple industries across the board–including art. Last month, Andy Warhol’s “14 Small Electric Chairs” was sold on decentralized auction platform Maecenas. First Multi-Million Painting Sold in Blockchain Auction Bidders on Maecenas purchased a 31.5 percent stake in Andy Warhol’s “14 Small Electric Chairs” painting […]

The People’s Bank of China (PBoC), China’s central bank, is expanding its blockchain technology and digital currency research efforts after several successful tests, according to CNStock. China’s Blockchain Push PBoC, the world’s largest bank by total assets, is increasing the scope of digital currencies- and blockchain-enabled finance in the Far East and has partnered with […]