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Tag Archives: Blockchain News

Justin Sun Teases $100B Partnership with Megacorporation and Says TRX Is to Take 4th Place

TRON founder and BitTorrent CEO Justin Sun has announced a teaser to whet appetites in the TRON community about an announcement from him and the TRON foundation before October completely runs out. Taking to Twitter to post the teaser, Sun announced that TRON will enter into a partnership by next week, with a “hundred billion USD megacorporation.”#TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $TRX but all TRC10&20 tokens including $BTT...

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China’s President Xi Jinping Seeks Blockchain Industry Domination

Although China has introduced an absolute ban on cryptocurrencies in 2017, the country has been making major developments in the blockchain space. Currently, China holds the most number of patents in the blockchain sector, leading its rival U.S. by a considerable margin.In a move to dominate the blockchain industry, Chinese president Xi Jinping has urged the country to accelerate the adoption of blockchain technologies. In the future, the country with higher technological superiority will...

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Visa-backed Crypto Custodian Anchorage to Introduce Governance Platform with Voting Rights

Photo: Anchorage / MediumIn what seems to be forward-thinking move, the premier cryptocurrency and digital asset custodian Anchorage backed by Visa has introduced a governance platform that has on-chain voting rights. The first cryptocurrency token to be supported in this regard is the Maker DAO’s Maker (MKR) token.The platform referred to as Anchorage Governance will enable all the custodian’s clients which hold the MKR token to be able to vote at the Multi-Collateral Dai (MCD) vote which...

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TON Investors Reject Any Refund Despite SEC’s Delay in Regulatory Approval

During the testing times for messaging giant Telegram, the investors of Gram tokens have decided to stand behind the company. As per the earlier plan, Telegram was all set to launch its Telegram Open Network (TON) Blockchain along with its native cryptocurrency.Telegram announced that soon after the launch, its investors who participated in Gram token sale year can sell them in open markets. However, in the last-minute restraining order, the U.S. SEC decided not to allow Telegram its Gram...

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Bitcoin Price & Technical Analysis: BTC Cannot Help Selling

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe US authorities could influence the BTC rateOpera has started supporting the BTCOn W1, the Bitcoin keeps developing a downtrend inside the previous channel. The quotations have neared another target level of 61.8% ($7215.00) Fibo. Upon reaching this level, the quotations will be heading for 76.0% ($5700.00). However, the main goal of the mid-term wave is the long-term minimum of $3121.90.The last...

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Binance Launches Support for Nigerian Naira in Partnership with Flutterwave

Photo: Binance / TwitterBinance, easily the world’s largest cryptocurrency exchange platform, has announced today that it has opened deposits for users in Nigeria, to easily trade cryptocurrencies, using the Nigerian Naira (NGN). Binance has stated that deposits are immediately open for users to directly use the NGN to buy and sell select digital assets. This new feature was made possible through a partnership with the Nigerian payment technology company, Flutterwave.According to an...

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TBCASoft, IBM and SoftBank Join Forces to Develop Cross-Carrier Blockchain Solutions

TBCASoft, IBM and SoftBank Corp. have announced their collaboration in an effort to transform the industry of telecommunications. The companies will work on developing cross-carrier blockchain solutions, offering new services to telecom carriers and their clients, and promoting advanced business models.TBCASoft is a US-based startup company that focuses on developing technologies especially for the sector of telecommunications. Founded in 2016, the company received funding from SoftBank, and...

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Tencent Sees Threat to WeChat Pay and Alipay if Facebook Succeeds in Libra Launch

China’s internet and communications giant Tencent has recently raised concerns that if Facebook succeeds in its Libra launch by 2020, local Chinese payment service providers like WeChat pay and Alipay would face major threats in global markets.Tencent recently published a blockchain whitepaper in Chinese, wherein it calls Facebook’s Libra initiative as “bold and radical” as well as “prudent and rational”. The Chinese tech giant explains how Libra can quickly make inroads in markets where the...

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Congress Hearing: I Will Pull Facebook Out of Libra if Things Go Wrong, States Zuckerberg

Ever since Facebook officially announced its plans to float a digital currency and then released the Libra whitepaper, there have been very polar reactions to the idea, which continue to this day. The United States Congress right from the start has made it clear that they are not excited about the idea and would prefer it doesn’t continue. We have already reported that as part of the process of seeking regulatory support, Facebook CEO Mark Zuckerberg has been obliged to support his position...

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Facebook Won’t Participate in Libra Launch unless Congress Gives Greenlight, Says Zuckerberg

In an effort to ensure that Facebook’s Libra cryptocurrency breaks down regulatory walls and launches on time or at least not too far from the earlier planned launch date, the social media giant is willing to make some compromises.In a testimony recently submitted to the House Financial Service Committee, Facebook CEO Mark Zuckerberg has confirmed to U.S. lawmakers that Facebook itself will not handle Libra, suggesting that the Libra Association which is the body tasked with the role of...

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