TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- Brave browser starts testing support for native crypto wallets
Privacy-focused web browser Brave has added support for native cryptocurrency wallets on its testing and development browser version, dubbed ‘Brave Nightly,’ CoinDesk reported.
· Business
- Crypto custodian Coinbase Custody acquires Xapo Institutions
Coinbase Custody, the crypto custodian service launched by Coinbase, has acquired the institutional business of Xapo, a leading crypto custody provider.
· Business
- Moscow seeks contractor for building blockchain system for administrative services
Moscow, Russia’s capital city, is seeking a contractor for developing a blockchain-based system for hosting its administrative services, CoinDesk reported citing Open Media.
· Technology
- PICC Financial Services inks MOU with Singularity Studio to promote development of AI and blockchain-based services
PICC Financial Services, the fintech arm of People’s Insurance Company of China (PICC), has signed a memorandum of understanding (MOU) with Singularity Studio to encourage the development of artificial intelligence (A…
· Technology
- Maryland joins nationwide crypto crackdown initiative ‘Operation Cryptosweep’
The Attorney General of Maryland has announced that the state is participating in the “Operation Cryptosweep” initiative.
· Regulation
- Walmart files patent for blockchain-powered drone communication system
Retail giant Walmart has filed a patent application, entitled “Cloning Drones Using Blockchain,” with the United States Patent and Trademark Office (USPTO) earlier this month.
· Technology
- Pfizer and Biogen-led working group completes blockchain proof-of-concept for clinical supply chain
The Clinical Supply Blockchain Working Group (CSBWG), an initiative that spun out of an open-invitation workshop at the Pfizer Blockchain Center of Excellence, has completed a proof-of-concept (POC) project, Outsourci…
· Technology
- Blockchain firm R3 to open second European office in Dublin in 2020
Enterprise blockchain startup R3 has revealed its plans to open a second European office in Dublin next year.
· Business
- Marco Polo onboards logistics provider Logwin for real-time blockchain-based trade transaction
Following the successful trade finance pilot carried out in March, Commerzbank and LBBW have once again executed a trade transaction between international technology group Voith and pump and valve manufacturer KSB SE …
· Technology
- Enterprise blockchain platform NULS tests new token staking service with Aleph
Enterprise blockchain platform Nuls, in collaboration with cross-blockchain layer-2 network Aleph, has tested a new staking service, staked coin output (SCO).
· Investing
- Samsung adds support for bitcoin and Kakao’s Klaytn to Blockchain Keystore
South Korean electronics giant Samsung has quietly added support for bitcoin and Klaytn (KLAY) to its online decentralized app (DApp) store, Blockchain Keystore, Cointelegraph reported.
· Business
- Cypherium brings enterprise-grade blockchain solutions to Google Cloud users
Enterprise blockchain platform Cypherium is collaborating with Google Cloud to offer robust blockchain solutions to Google Cloud customers.
· Business
- Barclays ends banking relationship with crypto exchange Coinbase: Report
Barclays has reportedly ended its banking relationship with cryptocurrency exchange Coinbase, CoinDesk reported.
· Business
- Seed CX’s subsidiary starts user acceptance testing of physically-settled bitcoin swaps
Seed SEF, a subsidiary of cryptocurrency exchange Seed CX, has started user acceptance testing (UAT) of its physically-settled bitcoin derivatives.
· Business
- Beaxy suspends trading after spotting “unusual high volume activity” on XRP/BTC
Recently-launched cryptocurrency exchange Beaxy has announced that it has halted trading after spotting unusual high volume trading activity on XRP/BTC.
· Business
- tZERO opens up security token TZROP to retail traders
Overstock.com’s blockchain subsidiary tZERO has announced that its preferred equity security tokens, TZROP, are now available to be resold to non-accredited investors.
· Investing
- Crypto exchange Poloniex starts refunding investors impacted in May flash crash
Cryptocurrency exchange Poloniex has announced that it is crediting trading fees to lenders who were impacted in the severe price crash in the CLAM market on May 26.
· Business
- Blockchain unicorn company Bitfury launches artificial intelligence division
The Bitfury Group, a blockchain startup headquartered in Amsterdam, has launched its artificial intelligence (AI) division, Reuters reported.
· Business
- US SEC defers decision on three bitcoin ETF proposals
The United States Securities and Exchange Commission (SEC) has further delayed its decision on three bitcoin exchange-traded fund (ETF) proposals, CoinDesk reported.
· Regulation
- CipherTrace estimates crypto industry lost $4.3B to cyber criminals in 2019, identifies "exit scam" as concerning trend
Cryptocurrency intelligence firm CipherTrace has estimated that cryptocurrency-related thefts, scams and fraud could exceed $4.3 billion for the year.
· Insights & Views
- New Zealand issues guidance on tax treatment of salary received in crypto-assets
In a recent ruling, New Zealand’s tax authorities have said that it is legal for companies to pay its employees in cryptocurrencies. They have also provided guidance on the tax treatment of such remuneration, Cointele…
· Regulation
- India’s Reliance Jio vows to go big on blockchain over next 12 months
Reliance Jio Infocomm Limited, an Indian mobile network operator owned by Mumbai-based multinational conglomerate Reliance Industries, has announced its plans to launch, what it claims, the world’s largest blockchain …
· Technology
- Kakao to launch cryptocurrency wallet 'Klip' this year
South Korean messaging giant Kakao is going to launch cryptocurrency wallet “Klip” in the second half of 2019, TokenPost Korea reported.
· Business
- Coinbase Pro to soon start trading of Algorand token
Leading cryptocurrency exchange Coinbase has announced that it is adding support for Algorand (ALGO) on its professional trading platform, Coinbase Pro.
· Investing
- German firm Dürr secures €750M syndicated loan via blockchain technology
Dürr, a Germany-based mechanical and plant engineering firm, has announced that it has secured a syndicated loan worth €750 million with the loan agreement signed using blockchain technology.
· Technology
- US Energy Department awards $1.05M grant to blockchain-based energy management initiative
The U.S. Department of Energy’s (DOE) Office of Science, the lead federal agency supporting fundamental research for energy production and security, has awarded a $1.05 million grant to four organizations to commercia…
· Technology
- Digital Currency and Blockchain Weekly Round-Up – August 9th, 2019
International data protection and privacy enforcement authorities seek clarity on Facebook’s Libra Representatives from a number of data protection and privacy enforcement authorities from around the world have issued…
· Technology
- BitMart secures “millions of investment” from Fenbushi Capital
Digital assets trading platform BitMart has announced that it has secured investment from China-based venture capital firm Fenbushi Capital.
· Business
- BlockApps partners with Indian IT firm to boost adoption of blockchain business networks
U.S.-based blockchain startup BlockApps has entered into a partnership with Indian IT giant Tech Mahindra to accelerate the adoption of blockchain business networks.
· Business
- South Korean consortium to roll out blockchain-based platform for unlisted securities trading this year
Six South Korean entities have teamed up for a blockchain initiative focused on the trading on unlisted securities, CoinDesk reported citing a report from local news outlet Chosun Ilbo.
· Technology
- Blockstream launches bitcoin mining facilities, signs Fidelity and Reid Hoffman as clients
Blockchain startup Blockstream has announced the launch of enterprise-grade colocation bitcoin mining service.
· Business
- Overstock.com’s tZERO to open security token market to retail traders
Overstock.com’s blockchain subsidiary tZERO will open up its security token market to retail traders next week, CoinDesk reported.
· Business
- Commerzbank trials blockchain-based machine-to-machine payment solution with Daimler Trucks
German banking giant Commerzbank has announced that it is exploring blockchain-based machine-to-machine (M2M) payment solution, which would automate the process and remove the need for human interference.
· Technology
- SBI Holdings’ crypto exchange VC Trade adopts CoolBitX’s technology to ensure KYC/AML compliance
Blockchain security company CoolBitX has announced the early adoption of its technology by VC Trade, the Japanese cryptocurrency exchange launched by SBI Holdings.
· Business
- US lawmaker reintroduces crypto tax bill to end double taxation
A bill that aims to amend the treatment of cryptocurrencies by the Internal Revenue Service has been referred to the U.S. House of Representatives Ways & Means Committee, CoinDesk reported.
· Regulation
- South Korean crypto exchange Korbit to resume KRW deposit service
Korean cryptocurrency exchange Korbit has announced that it has successfully extended its real-name account with Shinhan Bank.
· Business
- Chinese state-sponsored espionage group targets cryptocurrency firms: Report
In a new report, FireEye Threat Intelligence has stated that a state-sponsored espionage group is targeting cryptocurrency firms in China.
· Insights & Views
- Beowulf Blockchain provides a distance teaching platform for Vietnam National University
Beowulf Blockchain, a full-service B2B cloud communication company, has announced its partnership with Vietnam National University, to provide a distance teaching platform for its School of Medicine.
· Technology
- Standard Chartered executes first blockchain-based Letter of Credit transaction on Voltron
Financial services giant Standard Chartered has announced that it has successfully completed its first blockchain-based cross-border Letter of Credit (LC) transaction in the oil industry with PTT Group.
· Technology
- South Korean watchdog seeks to bring cryptocurrency exchanges under direct regulation
The Korea Financial Intelligence Unit (KoFIU) intends to bring cryptocurrency exchanges operating in the country directly under the regulatory system, Business Korea reported.
· Regulation