TokenPost reporter
Melvin Alfred Wong
Stories by Melvin Alfred Wong
- Tron founder Justin Sun apologizes for over-marketing his lunch with Warren Buffet
The latest development in the ongoing narrative involving Warren Buffet, the Chinese government, the blockchain platform Tron, and Tron’s founder, Justin Sun, includes an apology regarding over-marketing of a lunch wi…
· People
- PUC Berhard teams up with Wanchain to tap blockchain potential
Malaysian e-commerce giant PUC Berhard has entered into a partnership with blockchain platform Wanchian as part of its efforts to integrate blockchain technology into its operations.
· Technology
- Mark Zuckerberg to push Libra ‘However Long It Takes’
Facebook CEO Mark Zuckerberg has reaffirmed the social network's commitment to its cryptocurrency project, saying that they will spend “however long it takes” to address the concerns of all regulators and experts.
· Insights & Views
- Kraken Futures turns to new hire to attract new investors
Kraken Futures, Kraken's crypto derivatives platform, recently made a new hire in the form of former over-the-counter (OTC) B2C2 managing director Kevin Beardsley. Part of his job will be to make the firm stand out an…
· People
- Japanese crypto firms demand taxation changes
The Japan Virtual Currency Exchange Association (JVCEA), the country's self-regulatory crypto exchange body, recently sent a letter to authorities to demand tax reforms. The association basically feels that, while reg…
· Regulation
- Crypto trading app Robinhood sends out warnings after security blunder
Robinhood is a popular fintech company dealing in investments and stock trading with a lot of users, and those users recently received an alarming email. It would appear that the firm made a blunder in storing credent…
· Business
- Travelers can soon pay for Norwegian Air tickets with bitcoin
Bitcoin will soon be available for use when purchasing tickets for Norwegian Air, the airline owned by the Kjos family. This will be done through an exchange that the airline company will be setting up where the trans…
· Business
- Newegg extends bitcoin payment option to additional countries
Newegg, a giant e-retailer for electronics, has announced that it will now be accepting bitcoin payments in most of its stores.
· Business
- PUBG, Refereum partner to bring blockchain and crypto benefits to gaming
Showcasing how blockchain is playing an increasingly huge role in gaming, it was just announced that PUBG Corp. is now partnering with Refereum. The former is responsible for one of the biggest Battle Royale titles in…
· Business
- Visa has expressed interest, not officially joined Facebook's Libra: CEO Alfred Kelly
When Facebook Libra was announced, it came with the detail about how several giant companies have decided to jump on its bandwagon, which included Visa. However, the financial institution has now clarified that no off…
· People
- Former IBM blockchain head Jesse Lund joins Marathon Patent Group
As part of its attempt to enter the blockchain industry, Marathon Patent Group recently announced that it had acquired the services of Jesse Lund.
· People
- Crypto businesses to require BaFin license to operate in Germany
In Germany, crypto firms will soon be required to be licensed by the Federal Financial Supervisory Authority (BaFin) in order to conduct business in the country.
· Regulation
- Facebook's Libra yet to respond to Swiss regulator's request dated July 17
Despite choosing Switzerland as the home country for the Libra Association and repeatedly emphasizing on the intention to address the concerns of all regulatory authorities, Facebook has reportedly been ignoring the S…
· Regulation
- Ethereum addresses can now be registered at EnCirca
EnCirca is a domain name registrar and it recently announced that it will be accepting Ethereum addresses.
· Technology
- Utah county to implement blockchain in municipal mobile voting
A pilot program in Utah County involving mobile voting via blockchain is underway. It is intended to test the method for allowing certain voters to participate in the election if they find it inconvenient to physicall…
· Technology
- Blockchain energy startup WePower secures strategic equity investment from Japan's Marubeni
Lithuanian blockchain-based energy procurement and trading firm WePower has announced that it has secured a strategic equity investment in a seed round led by Japanese giant Marubeni Corp.
· Business
- Workday acquires Trusted Key, plans to move work credentials onto blockchain
A new acquisition by software firm Workday is intended to build an advanced network for verified and trusted credentials powered by blockchain technology.
· Business
- Republic of San Marino launches blockchain partnership to encourage sustainable ecological behavior
A Memorandum of Understanding (MoU) was recently signed by the Republic of San Marino and VeChain, a blockchain firm, to launch a project involving the distributed ledger technology. This new initiative is intended to…
· Technology
- FINRA gives companies more chances to comply with crypto data request
The US Financial Industry Regulatory Authority (FINRA) has extended the deadline of its request where member companies will provide data regarding crypto activities that they are involved in. The previous deadline was…
· Regulation
- Crypto exchange QuickBit confirms major data leak, likely to affect 300K users
Swedish crypto exchange QuickBit recently confirmed that it had indeed committed a major blunder in the form of a data leak that could impact as many as 3,00,000 users of the platform. This involves essentially placin…
· Business
- Uganda looks to blockchain in counterfeit drug battle
The fight to end the flow of counterfeit drugs into Uganda is set to see a new tool in use with Ugandan President Yoweri Musevini looking to blockchain as a potential solution. The intent is to leverage the transparen…
· Technology
- UK lawmaker who busted Facebook-Cambridge Analytica scandal sets sights on Libra crypto
UK House of Commons’ Digital, Culture, Media and Sport Committee chair Damian Collins recently revealed his plans to launch a probe into Facebook Libra.
· Regulation
- Singapore-based Forise International expands to blockchain consulting
Forise International Limited is a Singapore-based investment holding firm that recently announced its expansion into blockchain consultancy with its subsidiary. Tianjin Forise Corporation Management Consultancy Limite…
· Business
- Former Token Foundry head begins process to sue Joseph Lubin for $13M
A former head of Token Foundry, which is a startup that came from the ConsenSys incubator, is gearing up to sue ConsenSys founder Joseph Lubin, CoinDesk reported.
· Business
- Blockchain firm R3 pushes for more Corda sales with new hire
Blockchain startup R3 recently made a new hire for marketing Corda Enterprise, a commercial distribution of the Corda blockchain platform specifically optimised to meet the demands of complex institutions.
· People
- Person unaffiliated to Samsung files trademark application for 'Samsung Coin'
In a rather odd turn of events, it was recently reported that someone is trying to trademark “Samsung Coin” in South Korea that is not actually the tech giant. It would appear that this person is trying to leverage Sa…
· Business
- Former Russian crypto executive arrested in Italy
The former CEO of the crypto exchange WEX, which stopped its operations last year, has been arrested in Italy, Russian BBC outlet reported.
· Regulation
- Thailand shows less hostility towards Libra compared to other countries
Compared to other countries that have basically branded Facebook Libra as a grave threat, it would appear that Thailand is at least willing to listen and discuss before making any judgments. This is based on a recent …
· Regulation
- European Central Bank official says calm down about stablecoin
The emergence of stablecoin has created quite a stir among the regulatory authorities in the European Union and all over the world. This is why an official at the European Central Bank (ECB) recently stepped up to say…
· People
- No official ban on cryptocurrency yet, Indian Minister clarifies
A government official of India recently stepped up to address the concerns with regards to its treatment of cryptocurrency and said that there is no official ban in place just yet.
· Regulation
- Rape and sexual harassment case against bitcoin developer blows up
In a rather explosive development, core bitcoin figure Peter Todd is now looking at a court filing that alleges that he was a perpetrator of sexual aggression and even rape, CoinDesk reported.
· People
- Blockchain firm Algorand joins International Swaps and Derivatives Association
In an exciting new development, blockchain platform Algorand has revealed that it is now part of the International Swaps and Derivatives Association (ISDA).
· Business
- Neo, Ontology partner to develop blockchain interoperability protocol
The internet has existed for decades now and many have tried to overhaul it in a revolutionary manner. A new attempt to do this was recently announced via a partnership between Chinese public blockchain projects, Neo …
· Technology
- LibertyX exceeds 1,000 bitcoin ATMs in the U.S. via new partnership
LibertyX, the firm widely known for launching the first bitcoin ATM in the United States, has announced its partnership with Desert ATM, a non-bank ATM service provider, and the addition of the latter's 90 traditional…
· Business
- Blockchain interest dropping, DLT in trouble?
It would appear that interest in blockchain has been dropping of late, as suggested in a recent report from CB Insights. While fluctuations do occur, the general trend that blockchain has been following for years was …
· Insights & Views
- Waves founder launches Waves Enterprise to develop corporate blockchain solutions
Following the recent sale of the Vostok project, Waves founder Alexander Ivanov announced that he will be launching a new company department called Waves Enterprise.
· Business
- IRS goes after cryptocurrency users misreporting transactions
The U.S. Internal Revenue Services (IRS) is ramping up efforts to get a hold of those who are not properly reporting their income from cryptocurrencies and evading tax payments on such income.
· Regulation
- Cuba buys bitcoin in droves, McAfee stands by $1M prediction
It was recently reported that Cuba might be looking towards cryptocurrency to solve its current economic crisis and evidence suggests that Cubans are increasingly becoming interested in this emerging asset class. The …
· Investing
- Overstock.com's tZERO appoints execs from Barclays, IMAX
Overstock.com's blockchain subsidiary tZERO recently poached executives from major entities like Barclays and IMAX and is now poised for explosive growth. The security token company is gearing up to take its tokenizat…
· People
- R3, Banco Maré team up to launch tokenized stock exchange in Brazil: Report
In a recent partnership, blockchain entity R3 and fintech company Banco Maré announced that they will be working together to launch a stock exchange that is focused on tech startups.
· Business