BLOCKCHAIN NEWS LegalZoom and Clause partner up for Blockchain Project LegalZoom, an online legal solutions provider, is teaming up with
Clause, a smart legal contracting technology provider, for a revolutionary project. Under this partnership, the duo aims to build a platform that will enable
smart-contracts to be provided as legal remedy to their customers.
Read more Blockchain to take center stage at American National Standards Institute forum The
American National Standards Institute (ANSI), a non-profit organization encompassing
125,000 companies that “
strengthen the U.S. marketplace position in the global economy”,
announced on Monday that
blockchain and
Artificial Intelligence [AI] will occupy center stage at their upcoming forum.
Read more Aragon in Spain becomes country’s first to apply blockchain for public services This ever-growing chain is getting stronger with each passing day and the latest one to join the
blockchainbandwagon is the autonomous community of Aragon in the northeastern part of Spain. This will make Aragon the first in the country to adopt and apply blockchain technology for public administration, as reported by Europa Press on Monday.
Read more CRYPTOCURRENCY NEWS People’s Bank of China issues warning against ICOs & cryptocurrency trading China's central bank has yet again cautioned investors against cryptocurrency trading risks and initial coin offerings (ICOs) with its latest
notice. The Shanghai branch of the People's Bank of China (PBoC) issued the notice to '
'remind'' investors to remain cautious and remain aware of the risks associated with
cryptocurrency.
Read more Hackers flood ‘decentralized’ cryptocurrency exchange with 1 billion fake EOS Hackers reportedly created 1 billion fake
EOS to rob a decentralised crypto exchange. After flooding the platform with fake EOS, the thieves managed to steal around $58,000 worth in cryptocurrency directly from the users.According to the Hard Fork report, a new EOS-based token was created by the hackers, ironically, it was named “EOS” only.
Read more Crypto researchers urge Monero community to donate XMR to secure wallets Crypto researchers are trying to find out ways to secure
Monero wallets but they’ve urged the community to donate XMR tokens for it.According to a HardFork report, academics Brandon Gooddall who is also known as Surae Noether and Dr. Sarang Noether have started crowdfunding campaigns in order to raise money (XMR) to continue to investigate Monero multi-sig wallets’ usefulness.
Read more SEC’s Prime Accountant: Comply with reporting requirements of digital assets The
Securities and Exchange Commission’s (SEC) chief accountant has stated that companies that primarily deal with
digital assets and the underlying
blockchain technology are required to follow the accounting standards that are currently in place.Speaking at the
American Institute of Certified Public Accountants (AICPA) National Conference on Banks & Saving in Washington D.C.,
Wesley Bricker stated that “
it is essential to keep in mind that innovations in technology can be the ally of a company's business and financial reporting activities, not their opponent.”
Read more Bitfinex falls prey to “Streisand effect” as it attempts to silence critics Cryptocurrency exchange Bitfinex has tried silencing Bitfinex'ed, a vocal critic on Twitter, which has finally resulted in what is popularly known as the "Streisand effect". This phenomenon, named after American singer and actress Barbara Streisand, refers to an attempt to censor data available online, leading to heightened publicity of the attempt and eventually, just makes matters worse. Such an incident is not uncommon at a time when social media is booming and
Bitfinex is the latest to fall into such a trap.
Read more Ripple engages with SEC to educate them about XRP use cases: Official An official of
Ripple in a recent interview revealed about the company’s engagement with SEC. The company’s Head of Government & Regulatory Relations, APAC & Middle East, Sagar Sarbhai, revealed the same when discussion about XRP is a security or not took place.In the recent interview with CNBC, Sarbhai was asked whether the ongoing lawsuits in the U.S claiming XRP is a security would be affecting the crypto adoption or not.
Read more “Exciting times ahead” for Mongolia, says Cardano founder Charles Hoskinson, as it decides to employ blockchain Charles Hoskinson, the founder and CEO of Cardano, has recently visited Mongolia as a part of his ‘country opening trips’, where Hoskinson and his Cardano team connected with Bitcoiners and Blockchain practitioners from the country. The country’s government and local businesses will be the ones who will be supposedly getting benefited from the initiative.
Read more Nano sees sunny days, gets enlisted on KuCoin Plus Trading Area and Blocktivity Nano [NANO] is making headlines as it joins top cryptocurrencies on Blocktivity and KuCoin Plus Trading Area. The consecutive events have boosted the cryptocurrency, and further encouraged its users. The back-to-back updates will likely spell brighter days for the currency in the time ahead.
Read more Digital currency tax bill tabled before the Ukrainian Parliament Cryptocurrencies have seen a wave of regulation, from governments
curbing them outrightly to
integrating them with the national economy. Certain governments have restricted the regulation to a tax levy, deeming the cryptocurrency as a financial asset and nothing else. One among them is
Ukraine.
Read more Ethereum wallets enable users to schedule ETH transactions MyCrypto, an
Ethereum wallet solutions platform developed by the co-founder of MyEtherWallet, has integrated a feature that enables users to schedule ETH transactions beforehand. MyCrypto released the details of this new function in a
Medium Post, mentioning that it can help users schedule an ICO investment, plan subscription payments and set reminders while they are away. MyCrypto reportedly started working on the new function since they planned partnering with ChronoLogic earlier this year.
Read more Bitfinex launches Ethfinex, the Ethereum based exchange Bitfinex, a cryptocurrency exchange operated by
iFinex Inc, announced the launch of
Ethfinex, a hybrid Ethereum-based exchange. Through Ethfinex, prospective traders will be able to transact over 57 Ethereum-based tokens.Ethfinex was in its beta phase for the better part of a year, before being unveiled via a
blog post entitled “
Introducing Ethfinex Trustless: A high-performance platform for decentralized trading”.
Read more Grandshores China plan to raise HK$ 100 million to finance Yen-backed crypto project Grandshores Technology Group is on the verge of raising HK$100 million through a digital token fund to finance a
yen-backed cryptocurrency project, according to a
report by South China Morning Post. Grandshores is a Hong Kong-based contractor turned blockchain investor.
Read more Cloudflare to launch a new crypto technology to easily access IPFS Internet Service Provider (ISP) Cloudflare is introducing a new product where users can quite easily access the Inter-Planetary File System (IPFS).
IPFS is a decentralized storage protocol developed by Protocol Labs.As a part of its “Crypto Week”, Cloudflare announced in a blog post on Monday that it will be launching a new technology using cryptography to improve the everyday quality of the internet.
Read more Bancor, Ethereum’s DApp expands to EOS, names it BancorX According to reports,
Bancor, a decentralized application on Ethereum announced that the application that allows users to trade Ethereum-based tokens without the help of an exchange will bring the same use to EOS.This cross chain project allows its users to trade between different
EOS-based tokens that are yet to be revealed. Through this new project named BancorX, one can also trade between EOS and Ethereum based tokens.
Read more Dogecoin creator helps Elon Musk to fight crypto scambots on Twitter In an interesting development on September 17,
Elon Musk, the flamboyant founder and CEO of
Tesla and SpaceX, in an attempt to put a lid on giveaway scammers reached out to Dogecoin creator and Adobe product lead Jackson Palmer on Twitter.
Read more Bear market alert; major cryptocurrencies plunge except Tether [USDT] The crypto market seems to be in a bear trend today as major cryptocurrencies are losing in the market, with major coins like
Ethereum and EOS exhibiting losses of over 5%. Bitcoin is down by 3% and the bears can be seen tightening the noose around the market causing prices to fall further. Bitcoin is trading below $6500 and is exchanging hands in red while Tether [USDT] remains the sole winner of the battle featuring 0.08% gain among the major cryptos.
Read more Northern Queensland is leading the way in Bitcoin Cash adoption Queensland, better known for its tourist hotspots, like the Great Barrier Reef and the Gold Coast is once again hogging all the limelight. This time it is because of its inherent affinity towards one type of decentralized peer-to-peer cryptocurrency,
bitcoin cash (BCH). During recent months, many proponents of BCH have been propagating wider adoption of BCH in the northern parts of Queensland.
Read more LXDX to launch public digital currency exchange LXDX, a firm that provides high-performance exchange technology and services,
announced that it is launching open source digital currency exchange to bring institutional tools of high finance to all investors.Former
SpaceX engineer Joshua Greenwald is leading the team at LXDX as its CEO and he believes in enabling every investor to utilize tools provided by LXDX.
Read more ICON launches ICON MainNet version 3.0 ICON has released its mainnet version 3.0 today. With the latest upgrade ICON's Smart Contract on Reliable Environment [SCORE] will be fully functional. SCORE helps to execute smart contracts on the
ICON network and is the foundation for creating DApps. ICON [ICX] believes that the mainnet update will bring them a step closer to decentralization. The coin also known as Korean Ethereum was introduced by Dayli Financial, a popular Korean fintech company. Dayli Financial also owns the crypto exchange Coinone.
Read more Deputy Chairman of Dubai Police predicts that digital currency will replace cash Lt-Gen Dhahi Khalfan Tamim, Deputy Chairman, Dubai Police, has predicted that digital currency will “soon” overthrow cash, as per a
report by Khaleej Times from a panel that he was heading on Sunday.He felt the main reason for digital currency having obstacles is because lack of awareness among the public and minimal tactics to prevent crime.
Read more Blockchain should help society move towards a “greener and inclusive” future: Jack Ma According to Jack Ma, the founder of Chinese retail giant
Alibaba, blockchain and other advanced technologies need to prove that they have the power to create a lasting impact on the society and help it evolve in a “greener and more inclusive” direction. His remarks came as part of a keynote address delivered at the World Artificial Intelligence Conference in China on September 17, as local outlet cnBeta reports.
Read more Bitcoin processes transactions worth over $2 trillion, overtakes Visa: expert Despite battling a relentless bear storm since April, new statistics show that
Bitcoin has experienced a spike in its transaction values. Josiah Hernandez, Chief Investment Officer at Satoshi Capital, tweeted that Bitcoin has begun to process more transaction values than Visa, crossing $2 trillion.
Read more xRapid, a cryptocurrency product of Ripple will be live soon Ripple, the blockchain based start-up will soon launch xRapid, its cryptocurrency product for finding application in commercial purposes. In an interview with CNBC on Monday, Sagar Sarbhai working as the regulatory relations' head at Ripple in Middle East and Asia Pacific region has asserted that Ripple is rapidly progressing with its plan of launching xRapid product.
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