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Leading Crypto News Site CCN Shuts Down

Leading Crypto News Site CCN Shuts Down

One of the top blockchain and cryptocurrency news websites, CCN yesterday announced it would be shutting down, effective immediately. Director and founder of CCN Markets and Hawkfish AS, Jonas Borchgrevink, explained in a post on the website the difficult decision came following a 71% drop in mobile traffic overnight. This happened on 3 June, the same day Google rolled out its …

Blockpass to Provide KYC Verification for Bitfinex’s New IEO Platform

Blockpass, a blockchain identity protocol has announced that it will provide KYC and AML authentication services for the upcoming Ampleforth IEO conducted on the Tokinex platform. Tokinex is an Initial Exchange Offering (IEO) platform which was presented by parent companies, Bitfinex and Ethfinex last month. It allows users to participate in pre-vetted token sales from the various ventures within the crypto …

K-Pop Fans Connect With Artists Thanks to Blockchain

As the popularity and worth of K-pop soar globally, K-pop fans will be happy to witness the launch of a blockchain-based fandom platform to connect them globally and help them communicate with the artists. As reported by BusinessKorea, social entertainment company snowM will roll out a demo version of the fan club social community platform, snowDAQ in July using the …

IBM, Maersk Launch Blockchain Platform in Russia for International Trade

IBM, Maersk Launch Blockchain Platform in Russia For International Trade

The largest container ship and supply vessel operator in the world since 1996, Maersk, has partnered with US multinational IT company, IBM, to launch a blockchain platform in Russia called TradeLens to promote international trade. The introduction of blockchain technology into the Russian market has been implemented with the goal of replacing the paper-based transportation process with digital documentation instead. …

2020 Olympics Eyes Blockchain to Combat Doping and Verify Authenticity of Records

The International Testing Agency (ITA) revealed to CNNMoney, Switzerland that Blockchain could be a potential tool to combat tampering of anti-doping test records of the athletes in the 2020 Summer Olympics to be held in Tokyo. ITA has partnered with Blockchain firm BlockFactory to model a framework for exploring the many ways in which Blockchain could be used to prevent scandals …

McKinsey: Retail Banking Slow to Adopt Blockchain

McKinsey_ Retail Banking Slow to Adopt Blockchain (1)

A Bloomberg report has quoted management consultancy firm McKinsey & Company, who says that retail banks are slower to adopt blockchain technology thanks to restrictive regulations and conservative consumer environment on their side. According to the article, retail banks were even characterized as “nervous and cautious” about the emerging technology, when compared to their investment banking counterparts, who had bigger risk …

Portuguese Soccer Giants Benfica Link with Utrust for Crypto Ticket Sales

Portuguese Soccer Giants Benfica Link with Utrust for Crypto Ticket Sales

Soccer continues to be the new testing ground for crypto-related businesses and alternative payment systems as Portuguese giant Benfica plans to make crypto ticketing available. Benfica FC plays in the Primeira Liga, the top flight of the Portuguese football league system, where they are the current champions and the most successful club in terms of titles won. The famous club …

San Marino Ratifies Blockchain Decree

San Marino Ratifies Blockchain Decree

The Republic of San Marino has formally ratified its blockchain decree, legally recognizing blockchain and formally making it the latest blockchain jurisdiction on the global scene. A Tweet by Sara Noggler, a member of the Comitato Scientifico San Marino Innovation (San Marino Innovation Scientific Committee), revealed the news about 12 hours ago. A couple of hours ago has been finally approved …

Swiss Think Tank Urges National Bank to Create State Crypto

Swiss Think Tank Urges National Bank to Create State Crypto

Prominent Swiss think tank Avenir Suisse (Swiss Future) has urged the Swiss National Bank (SNB) to start working on a national cryptocurrency in its most recent report, ‘Blockchain After the Hype’. The report suggests that the issue of an SNB franc token be issued as part of the pro crypto alpine nation’s blockchain push to simplify and expand global market …

SEC More Informed Than Expected at DC Blockchain Forum

SEC More Informed Than Expected at DC Blockchain Forum

The week started with the much-awaited Securities and Exchange Commission’s (SEC) first Fintech Forum, held on 31 June in Washington DC. Issues on the agenda were expected to be related to cryptocurrency assets and DLT with key SEC officials being joined by various legal, financial and technical experts, but what surprised experts was the degree of knowledge SEC representatives already …

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