Tag: Blockchain

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Poloniex Enters Controversial IEO Space With Tron-Only Platform

Poloniex has announced it will launch a Tron-powered initial exchange offering platform called LaunchBase. Poloniex revealed its forthcoming Tron (TRX)-powered initial exchange offering (IEO) platform on April 5. Projects seeking to conduct their offerings on Poloniex’s LaunchBase platform face the stipulation of issuing tokens in exchange for TRX, and will be considered on a “first-come,…
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Factom Facing Liquidation After Creditor Refuses Request for Funding

Holding 90% of blockchain firm Factom’s shares, investor FastForward declared the company would go into dissolution on April 2. After failing to source additional funding, blockchain company Factom has begun the process of being liquidated.  In an April 2 notice to investors, Factom’s largest investor FastForward announced the “dissolution event”:  “The Company has been notified…
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Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears

Monopoly Market has announced it will ban vendors who use the COVID-19 pandemic as a marketing tool. Dark web marketplace, Monopoly Market, has taken a stand against scammers claiming to sell cures and treatments for COVID-19 on its platform. On other darknet platforms, listings are rife with coronavirus keywords — with vendors selling everything from…
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Stellar to Match XLM Donations to Six Non-Profits During April

The Stellar Development Foundation will match public donations up to a maximum of 1.9 million XLM. The Stellar Development Foundation is matching donations in Lumens (XLM) made to six non-profits during April, including the Tor Project — the team behind ‘The Onion Router’ anonymizing browser. Donations will be matched up to a total of 1.9…
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Ripple Funds Blockchain’s Disruption of the Legal Industry

Cointelegraph spoke to Ripple’s University Blockchain Research Initiative to find out about Australian law school’s new blockchain course. A new blockchain course offered by the Australian National University (ANU)’s law school commenced this year with support from Ripple’s University Blockchain Research Initiative (UBRI). Cointelegraph spoke to Lauren Weymouth, the senior manager of the UBRI’s University…
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Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

Health care, identity management and renewable energy are some of the non-financial blockchain use-cases gaining popularity in Africa. With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases…
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Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

How does Bitcoin’s price correlate with the global financial markets, and what could the coronavirus pandemic reveal to us? Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis. This article will analyze the movement of…
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IBM Praises CEO For Playing a Significant Role in Blockchain Development

IBM praises CEO for playing a significant role in developing its blockchain business. In a letter to the shareholders, IBM has acknowledged that one of the main achievements of the new CEO is the expansion of its blockchain business. The document notes that its technology portfolio is “built for the future”, with blockchain being one…
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Govt. Pauses SEC Suit Against $30 Mln ICO Amid Parallel Investigation Concerns

An SEC lawsuit against the alleged operators of a fraudulent ICO has been halted amid parallel investigation concerns. Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants.…
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Quarantined Gamers Are Straining Microsoft Azure-based Blockchain Platform

Quarantined gamers are putting a strain on Microsoft’s cloud-based Blockchain platform. Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering. In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its…
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