Tag: bitcoin

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General Motors Files Patent for a Blockchain-Based Navigation Map

General Motors patent uses blockchain to improve navigation maps, potentially for semi-autonomous driving systems. Major car manufacturer, General Motors, or GM, has filed a patent application for a continuously updating navigation map system. The system would use blockchain to integrate data from vehicle sensors and build a reliable map for autonomous vehicles. According to the…
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John McAfee Offers $500 in ETH-Based DAI for Post-Apocalyptic Photos

Sea-bound computer programmer John McAfee offers $500 in DAI for best original post-quarantine photograph. Famed altcoin advocate John McAfee has put up a $500 reward in the Ethereum-based stablecoin DAI for the best original photo taken in the midst of the coronavirus lockdown. The sea-bound computer programmer asked for pictures of vacant highways and cities from people who are…
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EU Highlights Blockchain Benefits in Digitization Write-Up

EU agency Eurofound laid out several benefits of blockchain in its recent report on digitization. The European Union, or EU, mentioned blockchain technology as part of social services digitization efforts to keep Europe up to speed with the changing times.  “As in the case of the services sector, the use of blockchain technology is in…
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Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC

The Crypto Rating Council brings more regulatory clarity to crypto by analyzing whether certain coins constitute securities. The question of whether certain cryptocurrencies constitute securities is becoming increasingly relevant within the blockchain industry. As such, some core players in the space are upping their efforts to bring more understanding to the issue. The Crypto Rating…
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Malaysian Securities Regulator Approves Crypto Trading Platform

Malaysia-based cryptocurrency trading firm Tokenize Malaysia has received full approval from local securities watchdog. Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog. With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by…
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BRI Remittance Brings Digital Identity to Banking With Blockchain Partnership

Blockchain-based digital identity is becoming mainstream with banks, financial organizations rise to the adoption challenge. Digital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from 360iResearch shows that the global digital identity market is expected to have reached about $37 Million by the end…
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Exchange CEO Forecasts Crypto Market Uptick in Coming Weeks

AAX exchange CEO Thor Chan thinks crypto markets will do well, despite recent and current uncertainty. As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok. “During a period of intense panic, many investors fled the markets in search of…
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Provably fair: every online casino should want to adopt it

Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. Online gambling is a growing industry like few others. People love to play their favourite games of chance and, when it comes to speed and comfort, they prefer doing it from the safety of their homes. They play on the…
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2 Reasons a Deeper Correction in Stocks May End Bitcoin’s Rally to $8K

Bitcoin price could see a rally to $8,000 following the breakout to $7,000, but a potential selloff in stocks could put BTC at risk of revisiting new lows. The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the…
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Coronavirus & Bitcoin Price: Is China Losing Its BTC Mining Monopoly?

Bitcoin has seen strong gains since the coronavirus triggered sell-off occurred in mid-March but the drop may bring unexpected changes to the mining industry. This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way…
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