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Ireland Lines Up to Become “Global Blockchain Center of Excellence” with New Initiative

Ireland Lines Up to Become "Global Blockchain Center of Excellence" with New Initiative

IDA Ireland has announced that it wants to promote the Irish Republic as an ideal location for international businesses focused on blockchain, according to The Irish Times. The state body is the agency responsible for the attraction and development of foreign direct investment in Ireland. Its new initiative, established by the Irish Blockchain Expert Group, an IDA Ireland-led forum, has …


South Korean Exchange CoinRail Suffers Major Hack

South Korean Exchange CoinRail Suffers Major Hack

Sources over the weekend suggested that South Korea Cryptocurrency platform CoinRail had been hacked, a fact that was confirmed on its website this morning, according to Reuters. CoinRail’s statement explains that its system suffered a “cyber intrusion” on Sunday causing a loss of 30% of its traded coins. Sources speculate that the amount stolen might be in the region of KRW …


Apple Bows to Public Pressure over Crypto-Unfriendly Apps

Apple Bows to Public Pressure over Crypto-Unfriendly Apps

Apple has made a number of store revisions in order to loosen its guidelines for crypto apps, reports Investing.com. A group known as the Developers Union had recently made requests to Apple to allow every app on the platform to free trials before July 2019, among suggestions for other improvements. The union is an unofficial body which says that its aim …


Connecticut Joins Growing Number of US Blockchain States as Interest Spreads

blockchain, states, USA, connecticut

Governor Dannel Malloy of Connecticut has signed off on a law that will employ a blockchain working group, in order to further study the technology and how it can be utilized in state legislation. The new law, SB 443 is a result of a bill which passed through both legislative houses last week tasked with overseeing the expansion of the blockchain …


Brazil Accepts Crypto Payments For Cross-Country Transportation

brazil, bitcoin, transport

Two Brazilian public transportation companies Viação Garcia and Brasil Sul have become the first of their kind in the country to offer a cryptocurrency payment option. Both bus companies are owned by GSB Group. Currently, just Bitcoin is accepted, although the buisnesses are looking to expand into offering Bitcoin Cash and Litecoin payment options by July. How it works To choose …


Blockchain Is Becoming China’s Darling, but Crypto Suffers From Beijing’s Distrust

china, blockchain

Last week’s comments by China’s president Xi Jinping that the “blockchain was 10 times more valuable than the internet” clearly highlights the direction that the Chinese government is taking regarding the cryptocurrency space, according to Cointelegraph. Adding to those comments, the president referred to blockchain as “a part of the technological revolution”. If this “revolution” is already underway, where exactly …


Ant Financial to Finance Blockchain Innovations with USD 14 Billion

alipay, blockchain, innovation, ant financial

Ant Financial – Alibaba affiliate has raised approximately $14 billion to accelerate technological innovations. The equity fund targets top technologies including Artificial Intelligence (AI), Internet of Things and the blockchain technology. The fund was raised in company’s series C round funding. Ant Financial is a Chinese financial service provider with over 800 million subscribers using its payment services every year. …


Baidu’s Tokenized Game Is Set for Launch

baidu

On Friday, Baidu – the Chinese search engine announced its plans to launch a native blockchain game in a week’s time. The announcement comes barely a few days after revealing its blockchain proprietary platform called SuperChain. Baidu’s reputation in blockchain projects has been on the rise over the past few months following recently launched blockchain-as-a-service (BaaS) platform. Now, Baidu is …


North America: Crypto and Blockchain News Roundup, 1st to 7th June 2018

North America: Crypto and Blockchain News Roundup, 1st to 7th June 2018

North America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. USA Dennis Rodman’s trip to North Korea-US Summit possibly sponsored by Potcoin: Cryptocurrency platform PotCoin has announced that it is planning to sponsor the trip of Dennis Rodman to …


Europe: Crypto and Blockchain News Roundup, 1st to 7th June 2018

Europe: Crypto and Blockchain News Roundup, 1st to 7th June 2018

Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Poland Government rules crypto exchanges still legal: According to latest reports from Poland, the top financial authority in the country Polish Financial Supervision ‎Authority (KNF) has announced that cryptocurrency exchanges are …


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