Tag Archives: Blockchain News

Kik, a Canadian company behind a freeware instant messaging mobile app, has long been involved in a battle with the U.S. Securities and Exchange Commission (SEC) over the enforcement action against Kin token offering in 2017. Now Kik requires trial with the SEC in order to put a legal end to this story.On Thursday, the SEC updated the status of the case and provided a schedule for further proceedings. According to the document, yesterday, on January 9, the parties took a total of 11...

Blockchain and IoT will manage climate change. This is what the KPMG blockchain lead believes. Arun Gosh has made a few blockchain predictions. Gosh has said that the interconnected ecosystem of devices called the Internet of Things (IoT) will work alongside blockchain solutions to solve the many issues that climate change has brought to the table. He said:“The convergence of these technologies is enabling organizations to accelerate environmental governance, with blockchain’s chain of...

On Thursday, January 9, Block.One appointed Salah Zalatimo as the CEO for its decentralized media network Voice. As per the announcement, Zalatimo will join the company and his new role on January 20..@VoiceSocial_ welcomes @Salafel, former @Forbes global Chief Digital Officer as CEO. https://t.co/kjzR2Acnbr— block.one (@block_one_) January 9, 2020Previously, Salah Zalatimo was working as the chief digital officer for Forbes. He joined Forbes four years back in 2015 after the acquisition of...

MakerDAO is standing out at the Consumer Electronics Show – CES 2020. This is because MakerDAO is the only digital asset with a stand at the event’s “digital money” section. The move shows that the company is doing everything it can to push adoption for the crypto. The digital money section, however, has other projects represented. They include digital wallets, one Bitcoin ATM firm and also a security firm. This made it a lot easy to stand out.MakerDAO Beams at CES 2020The project’s position...

Facebook’s CEO Mark Zuckerberg unveiled his vision for 2030, but also a whole bunch of decade-end aims for his social media Goliath, including an extensive “opportunity” for Facebook to “decentralize” finance and business.He wrote in a post:“Over the next decade, we hope to build the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had.”As the reader could further see, in this vision are included Instagram...

Siam Commercial Bank (SCB) wants to develop a mobile application that runs on Ripple. The 112-year-old bank has around 16 million customers and they want to deliver “happiness and smiles” to their customers. Not really sure how a banking app can cause smiling and happiness, but SCB’s SVP of Commercial Banking, Arthit Sriumporn believes that it can be achieved by partnering with Ripple.Alright, putting jokes aside, let’s look at the results of a recent survey by PwC. They have found out that...

QuadrigaCX creditors’ claims have caught the eye of Argo partners. Argo Partners is a New York investment firm whose niche includes creditor’s claims, bankruptcies, insurance liquidations among others. Sources indicate that the investment firm is already communicating with impatient creditors. Ernst & Young that is the court-appointed bankruptcy trustee is still sorting things out. The death of Gerald Cotten in India has complicated things further.Zeeshan Aziz who is the co-manager for...

The United States Commodity Futures Trading Commission (CFTC) has previously allowed several crypto derivatives products to enter the market. In that context, CME Group, which offers Bitcoin futures, plans to launch options on BTC futures on January 13, 2020.While responding to the growing interest in cryptos and customer demand for tools to manage Bitcoin exposure, CME Group decided to launch options on BTC futures. As we highlighted earlier, the firm officially confirmed this launch last...

Starting today, the Binance Futures platform is launching another perpetual contract with Litecoin. This time, Litecoin (LTC) is being paired with USDT making it the sixth perpetual contract on the platform.Binance Futures Litecoin ContractAccording to an official announcement from Binance, the LTC/USDT perpetual contract opened trading today at 8:00 AM (UTC). The recent announcement has a few similarities with previous ones. For example, just like the previous offerings, users are allowed to...

Sources indicate that it has taken six months to test China’s national blockchain service network. It will launch in April 2020. The blockchain service network is an initiative of the State Information Center (SIC). The SIC is responsible for formulating information policies for the Chinese government. The SIC is also in charge of sponsoring the Chinese Economic Information Network. The network is the primary organ for information on the Chinese economy. The BSN is aimed at giving new...