Tag: Blockchain

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Theta Confirms Google Partnership Amid Mainnet 2.0 Rollout

Google Cloud, Binance, Blockchain Ventures, and Gumi Cryptos have been announced as Enterprise Validators for the Theta network amid its mainnet 2.0 rollout. Esports and crypto conference streaming app Theta has confirmed its rumored partnership with Google, announcing Google Cloud as an Enterprise Validator and launch partner for Theta mainnet 2.0. The Enterprise Validator Program…
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The Future of Digital Assets: Stepping Into the World of Mainstream Crypto

Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come. Over the last decade, we have witnessed the massive development of crypto. Formerly a geeky trend, crypto was once a questionable and not easily understandable invention…
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Vodafone to Connect ‘Billions’ of Energy Producing Devices Using Blockchain

Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology. Global telecommunications giant Vodafone has partnered with blockchain startup Energy Web (EWT) to connect “billions” of distributed energy generating assets via internet-of-things (IoT) and distributed ledger technology (DLT). Energy Web announced the partnership on May…
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India’s Largest Private Port Operator Partners With Blockchain Platform TradeLens

India’s largest port operator APSEZ has partnered with IBM’s TradeLens platform to digitize its supply chain process. The largest multi-port operator of India, Adani Ports and Special Economic Zone Limited (APSEZ), has partnered with the blockchain-based supply chain solution platform TradeLens. APSEZ plans to integrate TradeLens’s blockchain solutions across 10 of its major courier management…
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After Spiking to February 2018 Levels, Bitcoin Fees Have Dropped 54%

The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins. After spiking a week ago to levels last seen in February 2018, the average Bitcoin (BTC) transaction fee has fallen by more than half. BitInfoCharts data shows that Bitcoin’s average fee…
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WeChat Invests $70 Billion in Fintech, Including Blockchain and AI

Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech. Chinese tech giant Tencent Holdings will allocate nearly $70 billion (500B yuan) over the next five years in fintech development, including blockchain, cloud computing, and artificial intelligence (AI). Reuters reported on May 26 that the company,…
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Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm

Decentralized identity solutions might be blockchain’s killer app. LG has partnered with United States-based company Evernym to develop blockchain ID technology. Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration between the two firms aims…
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Stolen Trezor, Ledger and KeepKey Databases Are a ‘Scam,’ Says SatoshiLabs

What if this scammer is just pretending to be a hacker? The hacker claiming to be selling user databases from top hardware wallet manufacturers Ledger, Trezor, and KeepKey appears to actually be peddling bunk, according to SatoshiLabs. On May 24, cybercrime monitoring blog Under the Breach reported that a hacker had begun advertising the customer…
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Jobless South Korean University Graduates Are Increasingly Interested in Blockchain

Can blockchain cure the country’s job creation woes? Daejeon University is the latest in a series of South Korean universities redesigning portions of its finance and technology departments. The university made an official announcement on May 25 that it would open a new fintech department called “Future Convergence.” According to the announcement published by Daejeon…
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Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment

The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase. The investment comes shortly after the exchange’s Series A funding round in…
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