Tag Archives: Blockchain News

Brian Armstrong, CEO of cryptocurrency exchange Coinbase, has recently secured a patent for sending Bitcoins via email. Initially filed in March 2015, the patent was finally rewarded this week on Tuesday, December 17.Basically, the patent describes a method for cryptocurrency payments by linking the email addresses to their corresponding wallet addresses. Once the sender makes a request to send crypto payments to an email address, the system automatically sends the desired amount.Note that...

Thailand, one of the most-visited countries in the world announced it plans to soon apply blockchain to its Electronic Visa On Arrival (eVOA).Every international traveler is pretty much aware that one of the parts of traveling means unfortunately endless forms, applications to be submitted, and countless checkpoints.Visa paperwork, customs controls, pre-boarding security checkpoints and even hotel passport controls – the same information is checked numerous times and for what? Of course, we...

It has become known that Everledger, Tencent and Alrosa will sell diamonds with blockchain IDs. A blockchain startup Everledger will serve as a basis for the retail mini program which is exclusively for WeChat customers. Having one billion Chinese folks using it in everyday tasks, the app gives transparent and truthful details about different things. And now – including the luxury stones. The feature is using blockchain for traceability and transparency. Customers will be able to obtain...

During a Hedge Fund Association Conference in New York, Christine Sandler from Fidelity Investments said that a good custodian must have geographic diversity and knowledgeable staff. She noted:“To do it really well, you have to have geographic diversity, a staff that understands the underlying technology,”That means that people who can sign the multi-signature transactions across the globe, and knowledgeable of the blockchain trends. She thinks that the custodian wallet providers like...

Supply chain fintech startup Tradeshift Frontiers, famous for advertising more than two million companies on its platform, said it has cut the cost of cross-border transactions between buyers and suppliers utilizing public Ethereum blockchain.Last year, Tradeshift startup managed to raise $250 million in a Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). That brought Tradeshift’s total funding to more than $400 million. The company...

Bitcoin price has jumped back above $7000 gaining over 7% in the last 24 hours. This price jump in Bitcoin is reportedly due to a massive spike in the Bakkt Bitcoin Futures volume. Thus, despite the Bitcoin price volatility, institutional trading for Bitcoin seems on the rise.A Twitter handle dubbed Bakkt Volume Bot has highlighted this rise.∙ Today's volume so far: 6312 BTC ($45.56 million)∙ Last traded price: $7,218∙ Trading day progress: 83%∙ Current daily Bakktarget™: 6994 BTC ($50.48...

Matic Network – the Plasma-based layer-two scaling solution for Ethereum – has announced the live testnet of its public incentivized staking network, Counter Stake. Detailed in the latest project update by the Matic team, Counter Stake will encompass several stages, beginning with stage 0 (node setup stage), which is now available to the public.“We have therefore released a detailed step-by-step guide to assist you to install dependencies and set up your node, along with information in the...

Thanks to Unlock’s solution Forbes can now charge a tiny fee per 7 days of ad-free reading. You can also buy 30 days of reading the website without seeing the hateful banners. Subscription is available through the MetaMask, Opera or Coinbase. The first option allows buying one week of reading for ~0.0052 ETH. If you want to buy the monthly subscription, you will have to send out ~0.02 ETH.A main feature of the offer: it appears only in the crypto dedicated Forbes section. If you read some...

Not long ago XRP was a hit ‘per se’. Everybody was talking about it. However, in 2019, we can hear much about XRP once being a great tool for “pumping and dumping” and now is pretty much irrelevant. However, we don’t agree. It went up pretty strongly in July this year but the truth is that it’s fighting in the last few days to have its head above the water. At the time of writing XRP price was down 5.57% to $0,187 that is the lowest in more than two years.Usually, the losses in XRP present...

While it may sound like a marketing gimmick or a play on words, two founders behind blockchain startup Alchemy believe that their two-year-old startup might become the “Microsoft” of blockchain technology. In a series of serendipitous events, the founders Nikil Viswanathan and Joe Lau (who are both Stanford graduates) have been able to raise about $15 million from several investors that include billionaire Charles Schwab, Reid Hoffman who is LinkedIn’s co-founder, Stanford University and...