Tag Archives: Blockchain News

Photo: Fight to Fame / FacebookLatin America as a region has a number of unique economic challenges. Currency devaluation in Venezuela has continued to crater the economy and impact the lives of millions while tariffs impact trade in Mexico. There seems to be no singular solution to the region’s problems as each country has its own unique set of economic and social challenges, but moving towards decentralized platforms may provide a new path forward and Latin American countries have been...

Leading blockchain project led by the South Korean Internet giant Kakao, Klaytn, announced on Tuesday that it has added Binance to the Klaytn Governance Council in order to take part in the platform’s blockchain operation that will further develop ways of how could mass blockchain adoption be brought globally.By tackling the Klaytn platform ownership, the Council members work as crucial decision-makers for Klaytn’s business and technical growth.They also work focusing on Klaytn-based...

Most of us are very well familiar with the online video game Fortnite where you cooperate with other players in carrying out some goals. However, what would happen if the goal is – a Bitcoin?Exactly that you can now find in the new game dubbed Lightnite. This Fortnite-like game with built-in Lightning Network microtransactions made by the Bitcoin-enabled game startup Satoshis Games has been announced this weekend.As the announcement says, all interactions between players can bring you a...

Justin Sun who is the founder and CEO of Tron (TRX) has dismissed rumors and allegations that he is behind the investment group that acquired the premier cryptocurrency exchange group Poloniex. He indicated this in a tweet on October 19th and categorically stated that he is “not buying anything”.I'm not buying anything. Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on all exchanges that support $TRX & $BTT. ?— Justin Sun...

Social media giant Facebook has been facing severe regulatory troubles for launching its Libra cryptocurrency. Last week, even big giants like Mastercard, Visa, PayPal, Stripe, who were earlier part of the Libra Association, announced their withdrawal from the project.Facebook is now working out other ways to keep its Libra project alive. As reported by Reuters, Facebook proposed using fiat-pegged digital stablecoins for its project. It means that instead of directly pegging the Libra token...

In what seems to be a continuing series of woes for Telegram and its TON blockchain, the United States District Court for the Southern District of New York has decided to postpone the hearing that will determine if the Grams token is a security or not to the 18th and 19th of February 2020.Though the company was doing its best to make its token publicly available, the United States Securities and Exchange Commission (SEC) made a couple of moves by dragging the messaging app to court on...

Layer1, San Francisco-based startup involved in Bitcoin mining, has raised $50 million in an effort to live up its plan to establish farms for mining. The money has been received from such a row of prominent investors including Peter Thiel, an American billionaire and co-founder of PayPal, Palantir Technologies and Founders Fund, and Shasta Ventures, an early-stage venture capital investment firm that invests in enterprise and technology consumer startups.According to Alexander Liegl, CEO of...

The developers of the Burj Khalifa, the famous Dubai monument, also known as the tallest building in the world, Emaar Properties is at it again, and this time, they are going the crypto way. Through an action which can be termed generous, the Dubai Mall developer is working on a reward token for its loyal customers, and it is named the EMR token.The EMR token which is designed to work on Quorum, a blockchain platform owned by JPMorgan, will find usage in all Emaar’s holdings like malls,...

The cryptocurrency-browser privacy-focused web browser Brave has recently attained a new milestone reaching 8 million monthly active users. Brave, with its powerful vision, aims to revolutionize the online browsing and advertising experience for its users.Now 8 million monthly active users for Brave, & nearly 400 privacy-preserving ad campaigns (with a stellar 14% click-through rate, compared to 2% industry average)! Thank you to all our users and partners as we expand our platform for a...

Telegram’s launch of its TON blockchain and GRAMS token has hit yet another brick wall because the United States Securities and Exchange Commission (SEC) has taken the issue of the launch of their tokens before a court. In a filing two days ago, the messenger app organization asked the United States District Court for the Southern District of New York to deny the SEC the preliminary injunction. Just for reminder, the SEC had asked for it a filing of its own last week requesting Telegram to...