The trustee for the remaining funds held by Mt. Gox has begun the rehabilitation process for account holders of the failed Bitcoin exchange. The website has opened an online claim tool with October 22nd as the deadline for those seeking restitution. Claimants may also file by mail.
Established in 2010, Mt. Gox became the…
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Cryptocurrency exchange giant Binance is moving into fiat trading through a joint venture with Liechtenstein Cryptoassets Exchange (LCX), a cooperation that was first announced on August 16. The service going under the name of "Binance LCX" has already started the hiring process to build a team of 10 to 15 people that will be in charge…
As blockchain technology steadily moves toward mainstream adoption, developers are hard at work seeking to solve technical challenges and create the perfect platform. Although the benefits of blockchain are universally recognized across the crypto space, an alternate from of distributed ledger architecture is gaining support. Directed acyclic graph (DAG) systems accomplish the same goals as…
This news piece will cover various companies and benefits that blockchain technology has created or is expected to create in the food and supply chain industry. From supply to the consumer, the entire process can be tracked and recorded on a blockchain. One company that we have previously reported on is ZhongAn, an insurance company that…
Yaya Fanusie, a Forbes contributor recently published an article detailing Iran's intention to evade U.S. sanctions. The main goal is to create a blockchain-based solution for the banking sector in the country, in response to reactivated sanctions following Iran's nuclear development cessation agreement.
The situation is similar to what was happening in Venezuela, a country…
Seven Premier League clubs to be paid in cryptocurrency in landmark partnership deals with eToro
Global investment platform eToro has launched partnerships with seven Premier League clubs including Tottenham Hotspur in landmark deals paid using bitcoin. eToro will partner with Brighton & Hove Albion F.C., Cardiff City F.C., Crystal Palace F.C., Leicester City F.C., Newcastle United…
Startupers should initially treat an ICO as a tool for growing their business rather than just raise funds. It is the opinion of a speaker at Blockchain & Bitcoin Conference Stockholm: Daniel Zakrisson, CEO at Cofound.it Startup Accelerator. In the interview, he shares his perspective on the blockchain industry development in Sweden and gives tips…
Following the news from Microsoft, one of their main competitors IBM has also applied for a patent called "Node characterization in a blockchain," which hosts a method for extracting information on a blockchain about a node. The patent comes from an Indian team employed by IBM, and is due to the work of:
Bhavani K. Eshwar…
China’s government has issued a ban on all crypto-related events in the country. This move, although not surprising, adds confusion to China’s already controversial position on cryptocurrency. Although the Chinese leadership considers decentralized crypto a threat, it also appears to appreciate the benefits of blockchains. The result has been a series of conflicting policies and…
EOS maintains its spot as the number one blockchain project in the most recent ranking by two Chinese institutions. The second, third, and fourth places go to Ethereum, Komodo, and Nebulas, respectively. And Bitcoin has entered the top ten list for the first time since the rankings began in may this year, rising from 16th…
