Samsung Developing Blockchain Network, Probable Token Issuance

Samsung is developing its own blockchain

The South Korean international conglomerate, Samsung, is developing its own Ethereum-based Blockchain network with the probable issuance of its own token, “Samsung coin”. According to a source by CoinDesk, an internal associate said that the company’s blockchain task force is developing an Ethereum-based blockchain mainnet. He further stated, “This block chain TF [Task force] is under review with some models”, …

Japan’s Financial Services Agency Hits Exchanges with Unexpected Inspections

Amidst a sudden drop in cryptocurrency prices at mid-week, Japan’s Financial Services Agency (FSA) reported that they had carried out a surprise inspection of two Japanese exchanges. Bitcoin dropped 2.25% to USD 5,409.4 by 12:46 PM ET (04:46 GMT), after rising to a one-month high at USD 5,586.3 in the mid-week. The drop-in prices pushed the crypto market cap down …

Latest BitFlyer Poll Sees European Confidence in Crypto High

A recent bitFlyer European study of consumer confidence in cryptocurrency has released figures showing a growing interest in the technology across the continent. The study by the Japanese crypto and blockchain company selected a range of respondents from across Europe by selecting 10 pools of 1,000 people from each nation. The countries chosen for the study were Belgium, Denmark, France, …

Ukraine’s New Blockchain Savvy Comic President Promises ‘Smartphone State’

Ukraine’s new ex-comedian turned president, Volodymyr Zelensky, is set to home in on creating a much more tech-savvy population with blockchain playing a big part. Comments from his administration through Mikhail Fyodorov, who led his digital campaign, indicate that blockchain will be used in areas beyond simply improving government and state structures. Fyodorov was a key player in securing the …

Malaysia to Build 835-Acre Blockchain City

Malaysia to Build 835-Acre Blockchain City

A new massive blockchain project called Melaka Straits City is planned for Malaysia with fundraising of USD 120 million needed in its initial stage. The idea is to make the blockchain city not only functional for a range of business enterprises and educational services, but also a major tourist attraction with the Ministry of Tourism of China predicting that 3 …

Blockchain Art Startup Scoops $7 Million in First Round Funding from Spotify Investor

Blockchain Art Startup Scoops $7 Million in First Round Funding from Spotify Investor

Blockchain art provenance chaser and registry Artory has raised over USD 7 million in a funding round, which includes an early investor in Swedish streaming platform Spotify. 2020 ventures, an early backer of Spotify, American logistics company Postmates, and luxury goods resale platform The RealReal are all backing the new project which is aimed at improving the capabilities of the …

US Law Firm Installs Division for Blockchain Practice

US Law Firm Installs Division for Blockchain Practice

A US-based business law firm Greenspoon Marder has opened up a blockchain practice division in Miami with the sole aim of providing an advisory role to blockchain related businesses, according to a press release. In order to fit into the scope of an emerging digital tech marketplace, and a rise in the demand of legal practitioners, Greenspoon Marder launched its …

Serena Williams Invests in Coinbase

Serena Williams Invests in Coinbase (2)

American tennis superstar Serena Williams has just announced an investment into cryptocurrency exchange giant Coinbase, further cementing the reputation of blockchain and crypto-related businesses among savvy investors. Posting to her tens of thousands of followers on Instagram, Williams shared that her investment company, Serena Ventures, had already invested in at least 21 companies, based on their respective logos in a …

Afghans Look to Sovereign Crypto Bond to Raise $5.8 Billion for Economy

Afghanistan is planning to jumpstart its ailing economy with a blockchain-based sovereign crypto bond. The announcement to attempt a cryptocurrency solution to three decades of economic turmoil came at a meeting of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF) in Washington recently. According to the Central Bank of Afghanistan’s governor Khalil Sediq, …

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