Read the latest blockchain news here. We gather the most groundbreaking movements with blockchain technology that can disrupt the financial system.
By CCN Markets: We now know the reason why China’s central bank appears to be rushing to issue its “cryptocurrency” as quickly as possible. Beijing, reports suggest, is worried that Facebook’s Libra “cryptocurrency” will launch first. Communist Party Mouthpiece: China Wants to Beat Facebook With Knock-Off 'Crypto' According to English-language newspaper China Daily, the People’s Bank of China...
By CCN Markets: Ethereum co-founder Vitalik Buterin says improving scalability could slash crypto transaction costs by a factor of "over 100." That's crucial, considering that blockchain has become so much "bigger than bitcoin." Moreover, Buterin says upgrading scalability could dramatically boost mass crypto adoption. So that's a pressing issue the industry must address if it wants to make...
Reddit co-founder, Alexis Ohanian, will be live-streaming a face-off match between himself and the lead developer of the latest collectible card game to hit the blockchain, SkyWeaver. Ohanian, also known as kn0thing to Redditors, has famously invested in numerous successful startups. He is now playing his hand in the crypto space thanks to his latest investment. Horizon Blockchain Games last...
One of the largest financial institutions of the country, the Union Bank of the Philippines, has announced the launch of its own crypto today to connect rural banks via its blockchain platform. A blockchain platform and a fiat-pegged stablecoin The stablecoin dubbed PHX – which is pegged to the Philippine Peso (PHP) – is already implemented on the bank's i2i blockchain platform, the Philippines...
Uganda, an African country where thousands are dying each year due to counterfeit medicine, wants to put an end to its fake drugs epidemic by utilizing the blockchain. Putting an End to a Deadly Disease Fake drug counterfeiters cause as many as 158,000 people to die in sub-Saharan Africa each year in a $200 billion worldwide market. They produce look-alike medicine that contains little-to-no...
Binance has published a report today, in which the crypto exchange revealed the market insights of its largest institutional and VIP clients. As a result, the participants of the research believe regulation is both a big risk and a key growth driver for the crypto industry. Regulation and ETFs > Libra and JPM Coin In its Q2 2019 report named "Institutional Market Insights", Binance has asked...
Latin America’s largest investment bank, Brazil’s Banco BTG Pactual S.A., has announced plans to launch Security Token Offerings (STOs) on the Tezos blockchain. The news marks a major step for the Tezos Foundation. $1 Billion Worth of Security Tokens to be Issued Banco BTG Pactual will work in collaboration with Dubai’s Dalma Capital “to host a deal pipeline of $1bn for existing and future...
Founded in April 2007, BrewDog is currently soliciting crypto investments. The Bitcoin-friendly microbrewery is one of the fastest developing outfits in its industry in the UK. Invest Your Bitcoin in Beer Celebrating the occasion, they’ve created a new beer called Cryptonite, according to a video published on their website. According to the same video, the brewery has over 110,000 shareholders at...