Tag Archives: Blockchain News

While there are hundreds of scams, some large and some small ones – a few grand ones have shaken the very collective psyche of the crypto community. Remember BitConnect that ran a scam lending program and cheated thousands of its customers?The company and its founders are still fighting multiple lawsuits. Or Pincoin and iFan, the Vietnamese project that raised more than $650 million and then went bust? How about OneCoin that turned out to be a Ponzi scheme with authorities recovering more...

Tron founder Justin Sun (@justinsuntron) provided a community update on September 24 that detailed a number of important developments to the smart contract network. Livestreaming on both Periscope and YouTube, the creator declared that he had a number of major announcements that would have ramifications for the future of Tron. Among other things, he mentioned that the delivery of Tron’s sidechain scaling solution, dubbed Sun Network 1.0, would occur on September 25. The first word of Sun...

About a week ago on Thursday the 19th of September, the Committee on Financial Services scheduled Tuesday 24th, as the day for a Congress crypto hearing. Tagged “Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat”, the hearing was arranged to discuss several crypto-related issues including the SEC’s regulation of the sector, Exchange-Traded Funds (ETFs), Facebook’s Libra, and also a possible categorization of digital assets as official securities.The hearing...

The logistics and supply chain industry has been topsy-turvy since the dawn of the new millennium. So many issues have made many logistics and supply chain systems to change from being simple down-to-earth and easy to use to becoming complex and most times incomprehensible.This has made many nightmares come true for organizations with losses ranging from thousands to millions of dollars. This has however changed over time with the introduction of solutions that have changed the outlook of the...

One of the greatest technology companies on the face of the earth IBM has indicated its willingness to work with social media giant Facebook on its cryptocurrency Libra. In a CNBC interview on Monday 23rd September 2019, the Blockchain services of the firm Jason Kelley indicated his organization’s willingness to work with just about anybody in the crypto space. He said:“Blockchain is a team sport… Our clients are ready to work with (Facebook) and we’re ready to work with all of them to bring...

London-based blockchain startup Everledger recently announced of securing a massive $20 million in Series A funding led by Tencent Holdings Ltd. Other major participants to this funding round included Rakuten, Fidelity, Graphene Ventures, Bloomberg Beta and Vickers Venture Partners.Founded in 2015, Everledger uses the blockchain technology to develop an immutable ledger for asset ownership. In addition, Everledger also looks to tap other emerging technologies like AI and IoT to create robust...

Photo: OverstockOnline retail giant Overstock announced that they’re enthroning Jonathan Johnson, who was previously temporary signed, to be no its permanent CEO. Just for reminder, 10 days ago, the company’s, now ex CEO Patrick Byrne, announced that he’s dumped all of his equity holdings in the company over because, as he said, both the “deep state” and the government for his sale.In a cryptic message to “Erstwhile Teammates” on his personal website, Patrick Byrne was “explaining” the...

Networking giant Cisco Systems decided to go with the blockchain-based platform developed by SingularityNET to host its decentralized AGI project.SingularityNET is a startup that labels itself as a “decentralized artificial intelligence” company, and them working with Cisco Systems on such an ambitious project is a big deal.When talking about artificial intelligence technologies it should be clear that this is in no way new technology. But the truth is, its development is something that...

Ever since Google announced that they are working on a Quantum super-computer the world has been eager to see the results of such a scientific and technological breakthrough. Last year in March, they presented the super-computer which boasted a 72-qubit computing power. Since then the word quantum computing has become very popular and nations around the world cannot wait to get their hands on this remarkable discovery. But why?The main reasons might be the fact that quantum computing can...

Recently, people familiar with the matter, shared information that OneConnect, which is the fintech and blockchain unit of the Chinese insurance giant Ping An, is planning to debut in New York with an IPO. The company plans to launch the IPO in mid-November this year. Also, Japan’s SoftBank Corp. is one of the largest investors in the company.Previously, the company had marked the listing venue in Hong Kong. However, a few months ago, it changed it to New York in order to achieve a more...