Category: Technology

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Chinese Province Sees First Official Blockchain Zone

China’s Hunan province, a major blockchain hub in the country, is now establishing its first provincial blockchain zone in the city of Loudi. The central Chinese province of Hunan has approved the establishment of the Wanbao blockchain zone in the city of Loudi. It is the first provincial blockchain zone in Hunan province, according to…
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Nigerian Naira Is First African Fiat Currency Supported on Binance P2P

After launching Nigerian Naira deposits in October 2019, Binance adds support of NGN as its first African currency for P2P trading. As part of ongoing fiat-to-crypto expansion, major cryptocurrency Binance is adding support for the Nigerian Naira (NGN) on its peer-to-peer (P2P) platform. Binance P2P, a consumer-to-consumer business arm of Binance exchange, is rolling out…
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Cryptocurrencies Are Not a Safe-Haven Asset, Says Expert

A Duke University professor believes crypto has not acted as safe haven amid the challenges to the global economy. Cryptocurrencies have not been used as a safe haven amid challenges the global economy has faced at the beginning of the year, one expert says. The world has already seen a slew of market-shaking events this…
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StormX Announces Integration of StormShop For Their Mobile Users

A Seattle-based blockchain startup has launched a new cashback service to reward their iOS and Android consumers with cryptocurrencies. StormX has announced the integration of StormShop for its iOS and Android users, allowing them to earn cryptocurrencies back when they shop online, as the company has announced. The platform aims to improve the eCommerce experience…
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Iota Lays Out Plan to Re-Enable Network After 20 Days Offline

With Iota’s “coordinator” node still on hold since the breach came to light, experts are still unclear on the extent of the hack. For over two weeks now, the Iota network has been down, with MIOTA token-holders being unable to facilitate any transactions since Feb. 12. This is because a hacker was able to make…
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EOSIO 2.0 Released but Vote-Buying and Centralization Concerns Persist

EOSIO says reports of EOS network degradation are inaccurate, blockchain is performing at levels exceeding the capacities of major crypto exchanges. Earlier in January 2020, Block.one released EOSIO 2.0 as an upgraded set of protocol improvements for the software underlying the $3.2 billion EOS blockchain. Following the release of the new version of EOSIO, some…
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Google Play Store Takes Down Crypto News Apps, Including Cointelegraph’s

Without explanation, Google’s Play Store has taken down a number of apps of cryptocurrency news outlets, including Cointelegraph’s and CoinDesk’s. Google’s Play Store for Android smartphone apps seems to have taken an issue with reporting on cryptocurrencies and blockchain news, taking down several notable apps, including ours.  The newest block? As of 2:00 PM EST,…
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Huobi Open-Source DeFi Blockchain Now Live for Public Beta Testing

Huobi announced the launch of its open-source decentralized finance platform for public beta testing. Huobi, a major cryptocurrency exchange, announced the public testnet launch of its open-source decentralized finance (DeFi) blockchain, Huobi Chain, on Feb. 29. Its aim is to provide a regulator-friendly framework for financial services companies to deploy applications in a variety of…
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Ripple Says Stablecoins Could be Created on XRP Ledger

In an interview on Ripple’s YouTube channel, CTO David Schwartz discussed features to broaden the ledger’s functionality. Blockchain-based financial services network RippleNet provides a safe, convenient, and easy-to-use wallet for holders of the cryptocurrency XRP, and the features to their system’s ledger may be expanding.  RippleNet has been developed significantly since it was created in…
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UK Startup Puts Haitian Farmers and Their Crops On the Blockchain

A Blockchain company in the UK has a new program for Haitian farmers and their crop sales. A UK tech company recently announced a blockchain ecosystem for farmers in Haiti, bringing clarity to the supply chain while bolstering sales. Agriledger, a blockchain outfit based in the UK, was responsible for building this new ecosystem. Their…
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