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Tag Archives: Blockchain News

The People’s Bank of China Set to Create New Standards for Fintech and Blockchain

Coinspeaker The People’s Bank of China Set to Create New Standards for Fintech and Blockchain The People's Bank of China has a plan to create a new set of standards for both fintech and blockchain industries in the nearest future. The People’s Bank of China Set to Create New Standards for Fintech and Blockchain Continue reading at Coinspeaker

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Uncertainty around Brexit and U.S.-China Trade War Makes Bitcoin an Attractive Bet

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U.S. CFTC Chairman Unsure about Libra’s Status

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PayPal CEO Explains Withdrawal from Facebook’s Libra Association

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ShapeShift Launching FOX Coin to Compete on ERC-20 Market

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Telegram Starts $100,000 Data Clustering Contest for Developers

As on date, a massive amount of data and content is being created and shared every second on the internet. Messaging apps like WhatsApp, Messenger, and Telegram have been the hot mediums to move data. One of the major challenges these companies are facing today is to segregate the right information.With such massive data available, users are usually overwhelmed with excess data. Now, to enhance the user experience, messaging giant Telegram has come up with a new Data Clustering Contest for...

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Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?

In recent months, Bitcoin price has slowly descended from the 2019 high of $13,880 to the current levels of just above $8,130. This plunge is beginning to put weak miners out of business. In the past week, Bitcoin’s mining difficulty plunged 7% abruptly. That drop enabled miners to easily solve algorithms and mine blocks.That development means that the weak miners and those that encounter high operating costs are constantly going out of business. The new move does not go well with the bitcoin...

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Lamborghini Partners With Salesforce to Authenticate Cars Using Blockchain Technology

Before now, a few car makers in the past have announced blockchain adoption for several features such as automatic toll payments and charging – as in the case of electric vehicles. According to a recent announcement, Lamborghini has now joined the league. The sports car maker has announced that it will be using a blockchain platform provided by Salesforce, for the process of authenticating its cars available on the secondary market.The usual procedure for Lamborghini authentication is a very...

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YСombinator’s Crypto Compliance Startup Raises $4.2M from Investors Including Paypal Ventures

A San Francisco -based startup TRM Labs, which emerged from YCombinator and looks at blockchain analysis as a tool for the ensuring of compliance, has received $4.2 Million in funding from various investors that included PayPal Ventures. The big problem with compliance for cryptocurrencies and blockchain technology is that most banks and financial institutions would rather not deal with the intricacies and the technological hoops which they would have to leap through before they get a clear...

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