Blockchain

[PRESS RELEASE – Please Read Disclaimer]PAID Network, one of the first legal techs to use distributed ledger technologies (DLT) to make business on the Blockchain more secure, has announced its upcoming IDO on January 20th, on the Polkastarter platform.The DEX Initial Offering (IDO) on Polkastarter is the next fundraising step after a successful $2M private sale round, after receiving over $23M in requests from more than 7,000 investors. AlphaBit Fund and Master Ventures led the round in...

Bitcoin has been surging as of late. At the time of writing, the world’s number one digital currency by market cap has jumped beyond the $40,000 price for the second time this month, but according to billionaire investor Chamath Palihapitiya, the currency is just getting started, and $40,000 is nothing compared to where he believes it will go within the next five to ten years.Chamath Palihapitiya: Bitcoin Will Hit $200,000 Within the Next DecadeIn a recent interview with CNBC, Palihapitiya...

All applications built on top of Taraxa specifically address data visibility by implanting trust-verifying mechanisms to the backbone of operational transactions.Taraxa’s newly released testnet was just put to use for a process auditing platform that minimizes operational friction in multi-party business processes. The Silicon Valley-based blockchain startup is building auditing solutions that infuse database-integrated systems with transparency and credibility by using data anchoring and...

The Vietnamese financial institution will reportedly initiate the provision of letters of credit (L/C) on the blockchain, aiming at better and safer transactions for its clients.Becoming a “Happy Digital Bank”Vietnamese bank HDBank has announced it will issue letters of credit (L/C) using blockchain technology. According to a recent report, the major financial institution will pioneer the local digital market by becoming the first in the county to offer the L/C using blockchain technology.A...

Via this prospective merger deal, the Intercontinental Exchange (ICE)-backed Bakkt platform has joined the narrow list of blockchain and crypto-related firms eyeing a public listing.Bakkt, the cryptocurrency platform majority-owned by Intercontinental Exchange Inc (NYSE: ICE), is on the verge of completing a merger with Victory Park Special Purpose Acquisition Company (SPAC) according to a Bloomberg report citing sources familiar with the negotiations.The merger if successful will help push...

Trois ans après « la blockchain détachable du bitcoin« , Jean-Claude Trichet, ex-président de la Banque Centrale Européenne, s’est à nouveau exprimé hier à propos de Bitcoin dans un entretien accordé à Boursorama : « Le bitcoin ne représente rien du tout, sinon sa rareté, et donc il arrive à être un instrument spéculatif comme l’or – beaucoup plus que l’or – avec des montées et des descentes...

The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...

Riot Blockchain reported that the mining revenue had increased by 21% to $6.7 million for the first nine months of 2020.Riot Blockchain Inc (NASDAQ: RIOT) stock soared approximately 11.71% on Tuesday to close the day trading at $18.41. Meanwhile, they had obliterated part of the gains during Wednesday’s pre-market as they were trading around $18.16, down approximately 1.36%.Riot Blockchain stock experienced an astronomical rally last year, whereby they are up approximately 1135.57% in the...

The UK-based investment giant has stated that it plans to redeem its Series C stock as per the “contractual right”. Thus, it asks regulators to prevent Ripple from using its cash or other liquid assets until it clears the dues. Ripple says the lawsuit by Tetragon holds no merit.Soon after the US Securities and Exchange Commission (SEC) filed a lawsuit on Ripple two weeks back, the troubles for the company have just escalated further. On Tuesday, January 6, UK-based investment giant and...

The San-Francisco-based blockchain company Ripple may still have more issues to deal with, as one of its lead investors involved in the company’s Series C funding has filed a lawsuit following the U.S. SEC’s allegations.Ripple Gets Hit From the InsideAccording to Bloomberg, on Tuesday (Jan. 5, 2021), Tetragon Financial Group, an investment company based in the UK fled a complaint against Ripple on Monday in Delaware Chancery Court. Part of the lawsuit is looking to “enforce its contractual...