The Oil & Gas Blockchain Consortium successfully piloted a blockchain-based system for Authorization for Expenditure. A group of 10 major global oil and gas firms including heavy-hitters like Chevron and Shell has successfully digitized industry balloting using blockchain. The Oil & Gas Blockchain Consortium (OOC) successfully piloted a blockchain-based system for Authorization for Expenditure (AFE)…
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Gaming is claimed to be among the major contributors to the crypto economy, but how could the whole crypto industry benefit from gaming? A whole new exciting world of value is being coded into life right now by gamers. While it may be a far cry from the lofty ideals of banking the unbanked and…
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Block.One, the firm behind the 7th biggest altcoin EOS, launched a new $1.5 million grant program to support EOSIO development. Block.One, the firm behind EOS, the seventh-biggest cryptocurrency by market cap, has launched a new $1.5 million grant program to support the EOSIO development. EOS VC, the Block.One’s venture capital arm, plans to award grants…
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The motivation driving Bitcoin SV miners is non-economic in nature, according to a Binance report. The motivation driving Bitcoin SV (BSV) miners is non-economic in nature, according to a report released by major cryptocurrency exchange Binance on Dec. 18. Binance Research, the exchange’s research arm, has tried to estimate mining profitability for Bitcoin (BTC), Bitcoin…
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The U.S. SEC imposes a $250,000 penalty against Blockchain of Things for conducting an unregistered ICO. The United States Securities and Exchange Commission (SEC) has reached a settlement with New York-based startup Blockchain of Things Inc. (BCOT) for conducting an unregistered initial coin offering (ICO). On Dec. 18, the SEC announced in a press release…
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San Francisco-based blockchain firm Alchemy announced the launch of its public API after raising $15 million in its Series A funding round. San Francisco-based blockchain firm Alchemy announced the launch of its public application programming interface (API) after having raised $15 million in its Series A funding round. According to a press release published by…
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Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Stephen Conroy — an Australian Labor Party Senate member from 1996–2016…
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A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. Nikkei Asian Review reported the news on Dec. 18, citing documents ostensibly accessed by its affiliate publication,…
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Blockchain startup Alchemy gathers funding from several large investors, including Stanford and Charles Schwab. Blockchain infrastructure startup Alchemy has garnered investments from multiple notable mainstream entities, including Stanford University, as well as leaders from other top businesses. Alchemy, a startup focused on providing blockchain infrastructure, as well as other tools for developers, has amassed $15…
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San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter desk, Circle Trading. San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter (OTC) desk. In a Dec. 17 blog post, Kraken said that the company has bought “one of the most recognized OTC desks in crypto.” Circle co-founders Sean Neville…
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