A 150-year-old Chinese utility provider will ramp up blockchain adoption in partnership with VeChain and ENN Energy Holdings. Chinese energy company, Shanghai Gas, announced an expansion of its blockchain efforts following a successful trial partnership with supply chain management blockchain firm, VeChain (VET), on March 31. Shanghai Gas, founded in 1865, is owned by utility…
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The South African National Blockchain Alliance has been launched to drive technology development by bringing public and private enterprises together. The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due…
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The Spanish tax office is warning tens of thousands of crypto traders to honor their tax obligations. The Spanish tax authority has begun sending out warning notices to 66,000 cryptocurrency holders to remind them of their tax obligations. According to Europa Press, the Agencia Estatal de Administración Tributaria (AEAT) began the campaign on April 1, and…
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More than 35,000 ‘blockchain’ companies are operating in China, but there are doubts that many of them even use blockchain technology. More than 35,000 blockchain companies are operating in mainland China — but it’s believed that many of them do not even use blockchain technology. In the first quarter of 2020, as COVID-19 shut down…
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IOTA competitor Nodle Network, which has five million active nodes, is moving from Stellar to its own blockchain. Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet. Nodle is a decentralized network provider that specializes in detecting…
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EastNets and Dow Jones Risk & Compliance have rolled out a blockchain-based feed of sanctions alerts based on a private blockchain network. Dow Jones Risk & Compliance has teamed up with a company called EastNets to build a real-time blockchain-based watchlist feed. This watchlist identifies high-risk third parties for business deals and helps maintain a…
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Recent changes to Intelligent Tracking Prevention (ITP) in iOS may have killed off iPhone ‘burner wallets’. Recent changes to Intelligent Tracking Prevention (ITP) in iOS may have killed burner wallets for iPhone users. Burner wallets are non-custodial wallets that store a user’s private key in the browser’s local storage. A change made by Apple to…
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After two previous halvings, Bitcoin is expected to moon… or is it? Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017…
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Futurist and author Daniel Jeffries shared with Cointelegraph his view on two possible scenarios awaiting Bitcoin in the aftermath of COVID -19. Futurist and author, Daniel Jeffries, shared with Cointelegraph his view on the future scenarios awaiting Bitcoin in the aftermath of COVID-19. Two possible outcomes In one particularly dark scenario, the global economy will…
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Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. The coronavirus pandemic is the only thing on most people’s minds right now around the world. The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and…
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