Tag Archives: Blockchain News

Photo: Vanguard / TwitterMutual funds giant Vanguard Group is working with blockchain startup Symbiont, backed by Nasdaq Ventures, to create a blockchain-based trading platform for asset managers to trade currencies in the $6 trillion currency market.This step by Vanguard would be a major disruption in the currency market which is currently dominated by banking giants JPMorgan and Citi Group. By leveraging the blockchain-powered peer-to-peer trading for investors, Vanguard plans to allow...

When Facebook‘s cryptocurrency Libra started struggling with keeping its co-workers to keep partners on board and all of the institutions happy, an alternative called OpenLibra came to address some of Libra’s potential flaws.OpenLibra is described as an “open platform for financial inclusion,” with a tagline: “Not run by Facebook” and it was announced at Ethereum Foundation‘s Devcon 5 conference in Osaka, Japan.Be it as it may, thirty blockchain companies and nonprofit organizations decided...

Photo: Nervos Network / MediumSince the ICO boom of 2017 that attracted many scammers, the Chinese government banned all crypto activities in the country. However, the latest developments suggest that the government could be indirectly participating in a security token offering (STO).The Nervos Network STO is scheduled to kick off on October 16. It aims to raise an undisclosed amount within two weeks via the CoinList platform. Polychain Capital has so far said that it will contribute $5.7...

Popular messaging app Telegram updated the terms of service on its website on Tuesday with a new page for its yet-to-be-launched Gram wallet and token.The only link which has been publicly identified before now has been the Simple Agreement for Token (SAFT) registered with the United States Securities and Exchange Commission (SEC) in March 2018 which lists Telegram, Pavel Durov and Nikolai Durov ( the telegram developers) in the filing.Late last month the alpha version of the wallet of the...

EOSIO developer Block.one has recently unveiled the second version of the platform making it faster, simpler, and secure to build on EOSIO. One of the major roadblocks in blockchain development is the speed of execution of smart contracts, and EOSIO 2.0 aims to address this issue.Speaking on the launch, Block.one CTO Dan Larimer said:“Eosio 2 rc1 is officially available for the community to download and utilize on testnets and even non-critical EOS nodes. Assuming no major issues this will be...

Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital and Bitmain and included VC heavyweights Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Coinfund and other strategic investors.NuCypher’s token NU was purchased by the investors during the financing process. The $10.7 Million raised in NU tokens represents 8% of the total supply of the tokens...

In what seems to be cooperation between two of the biggest organizations in technology, Microsoft and Intel have indicated their willingness to back the reward token of the Enterprise Ethereum Alliance which is the сryptospace’s first open standards association which sets the standards for Ethereum’s blockchain architecture.The token was revealed at the annual Ethereum developers conference taking place in Osaka, Japan (Devcon 5) as a means of providing compensation for those who are involved...

This summer, computer programmer, businessman, entrepreneur and the US presidential candidate John McAfee revealed his idea to launch a digital currency access point that would merge both manual and bot trading over eight exchanges on one interface.Dubbed McAfee Magic, this new project connects people to more than 500 digital currencies and has assembled 11,743 users at the time of the writing.Last week, on Friday, McAfee announced the whole launching of the exchange that has gor the name...

2020 is looking to be a year of PoS blockchains. While Tim Ogilive, the founder and CEO of multi-blockchain staking service Staked argues that 2019 has already been a big year for PoS, we have a lot to expect from the upcoming year. First and foremost, Ethereum, the second-largest cryptocurrency by market capitalization, is expected to finally switch to PoS. They have been wanting the switch from 2014, when Vitalik Buterin said that he viewed PoS as a way for Ethereum to mature.“Ethereum 1.0...

The DAPP Network, born out of frustration at the rising cost of vRAM for EOS’ virtual hard drive, has just had a major upgrade. Developer LiquidApps has announced the release of DSP 2.0, bringing with it a wide range of new features and fixes. Combined, these improvements make the emergent EOS scaling solution a force to be reckoned with, and pave the way for a flurry of new decentralized applications that can operate at scale. The DAPP Network is not a sidechain for EOS – LiquidApps call it...