South Korea to Establish First Blockchain-based “Proposal Evaluation System”

South Korea to Establish First Blockchain-based "Proposal Evaluation System"

In a 19 July press release from the Yeongdeungpo-gu administrative district in South Korea, a new standard of administrative procedure is to be implemented via a blockchain-based “Proposal Evaluation system”. The press release reports that this is the first time a technology of the fourth industrial revolution (4IR)has been established in the nation. First of its kind […]

Indian Ponzi Mastermind Offers to Pay Back Investments, but Not at Current Value

Indian Ponzi Mastermind Offers to Pay Back Investments, but Not at Current Value

Amit Bhardwaj, the Indian Gain Bitcoin entrepreneur accused of being behind what has become one of the biggest Bitcoin scams in history, has reportedly offered to return initial investments in the scheme to investors. He is also the founder of Amaze Mining and Research Limited and one of the pioneers of Bitcoin in the Indian […]

How Much Do Dollar and Euro Inflation Impact Bitcoin’s Price?

How Much Do Dollar and Euro Inflation Impact Bitcoin's Price?

Bitcoin’s price is primarily measured relative to fiat currencies like the USD, EUR, JPY, KRW, and formerly the CNY before China banned yuan to Bitcoin trading in September 2017. In the English speaking world, the US dollar (USD) and the Euro (EUR) are the primary fiat currencies. Both are subject to constant inflation due to […]

Grayscale Investments Holding $248M in Crypto, Gaining $10M Weekly

Grayscale Investments Holding $248M in Crypto, Gaining $10M Weekly

Grayscale Investments has released the Grayscale Digital Asset Investment Report for the first half of 2018, detailing how it has had the strongest investment inflows in the history of its business despite the cryptocurrency market downturn that saw Bitcoin decline from USD 20,000 to USD 6,000. Now, Grayscale Investments has an overall portfolio of USD 248.39 […]

Cryptojacking Figures Heading Down, Say Cybersecurity Researchers

Cryptojacking Figures Heading Down, Say Cybersecurity Researchers

Cryptojacking incidents are on the decline after possibly hitting their peak, according to a recent report by cybersecurity firm Malwarebytes. The research shows that a sharp decline has been noted, due in part, says the company, to the current slump in the value of cryptocurrencies making the activity far less attractive. The report shows that […]

IBM Partners With Stronghold for USD Anchor Stablecoin

IBM Partners With Stronghold for USD Anchor Stablecoin

The International Business Machines Corporation (IBM) has partnered with Stronghold to launch USD Anchor, a “stablecoin” like Tether (USDT), with a couple of key differences. USD Anchor uses the Stellar blockchain, unlike Tether which uses the Bitcoin blockchain via the Omni Layer protocol. Additionally, USD Anchor will be 100% insured by the United States’ Federal Deposit […]

Lufthansa Sets World’s First Aviation Blockchain Challenge

Lufthansa Sets World's First Aviation Blockchain Challenge

German national flier Lufthansa has announced what it is calling “the world’s first Aviation Blockchain Challenge” in order to promote its service through blockchain technology, writes the EconoTimes. The main focus of the challenge is to examine solutions that may improve or impact overall traveller experiences flying with the airline, such as enhancing existing supply chains and […]

Bitmain Expanding Israeli Blockchain and AI Research

Bitmain Expanding Israeli Blockchain and AI Research

Bitmain is tripling the size of its Israeli development center located in Ra’anana, adding 40 programmers, engineers, and marketing experts to the pre-existing team of 15 people. Bitmain’s Israeli development center was established in 2016, and focuses on operating the ConnectBTC mining pool, developing blockchain technology, and artificial intelligence (AI). The manager of the Bitmain […]

Ex-Genesis Singer Peter Gabriel to Finance Blockchain Startup

Ex-Genesis Singer Peter Gabriel to Finance Blockchain Startup

British musician Peter Gabriel has invested in a new blockchain startup to create better food chain transparency in the industry. Best known for his role as lead singer and songwriter in college band Genesis, reaching world prominence in the late 1970s to the mid-1980s, Gabriel is also an ardent fundraiser for humanitarian causes and a […]

Avenue Capital CEO Marc Lasry: Bitcoin Could Touch $40,000

Avenue Capital CEO Marc Lasry: Bitcoin Could Touch $40,000

Billionaire and CEO of Avenue Capital Group, Marc Lasry, told CNBC’s Squawk Box on Wednesday that the growing accessibility of trading cryptocurrencies may well push the price of Bitcoin up to USD 40,000. As well as becoming easier to trade, Lasry sees Bitcoin’s growing mainstream acceptance as a driving force for a huge price increase. With […]