Alibaba has registered a patent in Brazil that aims to establish a blockchain-based transaction system. Chinese e-commerce giant Alibaba has registered a blockchain-based system patent in Brazil under the category of “insurance,” “financial business” and “monetary business,” according to the March 10th edition of the Industrial Property Magazine (NPI). As reported by the NPI, the name…
Read more
Russia’s relationship with blockchain and cryptocurrency wasn’t clear, but the country is making steps toward digital economic development. The volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first time in four years, a new report…
Read more
Most research grants for crypto firms are coming from independent companies and organizations with massive financial backings. On March 4, Twitter topman Jack Dorsey’s digital-assets payment company Square Crypto released a statement showcasing its support for Bitcoin (BTC) development with the creation of a grant program that aims to contribute toward the enhancement of the…
Read more
Former Riot Blockchain CEO John O’Rourke III and two others were the final defendants to settle with the SEC in a $27 million penny stock manipulation case. On March 6, three individuals including former Riot Blockchain CEO John O’Rourke III agreed to settle with the United States Securities and Exchange Commission (SEC) for $3.5 million…
Read more
A study by a trust-gauging company claims that cryptocurrency-related scams are the second-riskiest in Canada and the U.S. A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans. According to research from trust-gauging organization published on March 2nd, scams…
Read more
The main idea behind the DeFi industry is that the financial product shouldn’t be managed by central server, company, organization, etc. As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable…
Read more
Should crypto exchanges follow traditional exchanges and implement circuit breakers? Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit. Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index…
Read more
A new study forecasts that the growing global blockchain IoT market will approach $6 billion by 2026. A study by a market research firm Research Dive ensures that the global blockchain IoT market size could reach $5,802.7 million in 2026, in addition to the compound annual growth rate (CAGR) being around 91.5% projected for that…
Read more
Alipay is seeking to lure 44 million merchants with mini programs to expand services for the firm’s 900 million users. Billionaire Jack Ma, owner of payment app Alipay, seeks to lure 44 million merchants to expand services for the app’s 900 million users in everything from real estate purchases to restaurant and cinema bookings, according…
Read more
The YouTube crypto content bans return as Ivan on Tech and The Moon suffer deleted videos. In another bout of censorship, YouTube has deleted two videos form two separate crypto channels. Ivan on Tech, a crypto programmer, tweeted that YouTube deleted one of his videos on March 9. The Moon, a technical analyst and news…
Read more
