TokenPost reporter
Melvin Alfred Wong
Stories by Melvin Alfred Wong
- Blockchain addresses major charity concerns, no trust needed
Charity organizations have been facing increased scrutiny for years due to questionable handling of the funds they receive, but blockchain has been proving its effectiveness in addressing this concern. Due to the fact…
· Insights & Views
- Ethereum surpasses $300 mark, best performance in 10 months
It would appear that cryptocurrencies across the board have been seeing their best performances in a long time. Just as bitcoin is seeing a surge in interest, Ethereum has not been slacking, either. The cryptocurrency…
· Investing
- Bitcoin hits $11K high but quickly drops within 24 hours
Bitcoin is on yet another rollercoaster ride, with its value surpassing the $10,000 and $11,000 mark in a short period of time. This impressive performance is attributed to hype after hitting the coveted threshold but…
· Investing
- Drug tracking via blockchain catching on, illegal narcotics next?
There have been several collaborative efforts of late to address the problem of drugs supplies in the US and several parts of the world. One of the more significant of these partnerships is the one involving Walmart, …
· Technology
- Oxfam tests crypto initiatives to prevent misuse of disaster relief funds
There have been several cases over the past few years that proved how unstable the distribution of disaster relief funds can be when not managed properly. To this end, non-profit Oxfam is working on a new project inte…
· Technology
- Brazilian regulators turn to blockchain in face of recession
Blockchain is considered useful for a lot of things and helping to curb economic disasters was just added to this long list. Regulators in Brazil are now thinking of turning to the decentralized ledger technology in t…
· Regulation
- Bank of England governor welcomes Facebook Libra despite regulation concerns
While what seems like the rest of the world’s financial regulators, both private and federal are expressing alarm over Facebook’s Libra, Mark Carney is taking the opposite stance. Instead, the governor of the Bank of …
· Insights & Views
- Fisco in hot water with Japan FSA for violating crypto regulations
Fisco, the firm that took over the Zaif crypto exchange company after it became the victim of theft via hackers, is now in hot legal water. The Financial Service Agency (FSA) of Japan has deemed it to be in violation …
· Regulation
- Facebook scares France into creating new taskforce with Libra
When Facebook announced that it was launching a cryptocurrency of its own, it created giant ripples of concern all throughout the world. Now that Libra is here, France has taken immediate action and created a task for…
· Regulation
- Crypto mining chip giant reportedly eyeing IPO following bitcoin resurgence
Bitmain Technologies Ltd. is currently the largest manufacturer of cryptocurrency mining chips in the world and it previous had plans for an IPO but then put it on hold. Now, there are reports that it is reviving thos…
· Investing
- US wants Swedish crypto scammer extradited, sentenced for fraud
In a recent unsealing of complaints against a Swedish citizen who is accused of committing fraud, the U.S. Department of Justice is pursuing the extradition of Roger Nils-Jonas Karlsson.
· Regulation
- Reserve Bank of Australia highly skeptical of cryptocurrency adoption
While the rest of the world appears to be hyped to join the crypto bandwagon, the Reserve Bank of Australia recently expressed a much colder stance towards the trend. The Australian central bank is quite skeptical of …
· Insights & Views
- Energy sector gets its own enterprise-grade blockchain network
The Energy Web Foundation (EWF), a non-profit organization that aims to accelerate the commercial deployment of blockchain technology in the energy sector, has announced the launch of Energy Web Chain (EWC) – a public…
· Technology
- Paxful-The White Company partnership enables converting bitcoin into prepaid cards
Paxful, a peer-to-peer (P2P) bitcoin marketplace, recently announced a partnership with The White Company, which is a provider of crypto services. Together, these two firms are launching a prepaid card service that es…
· Business
- Samsung betting on blockchain with new priorities and solutions
Samsung is a giant force in the smartphone industry and it is currently pushing hard into the field of blockchain. The South Korean company recently announced plans to prioritize integrating blockchain into its 10-yea…
· Business
- Thales and MGI enter blockchain partnership for safer, more efficient cargo shipping
In another case of blockchain beginning to affect entire industries on a global scale, France-based software firm MGI is partnering with Thales for a major shake-up in cargo shipping. This team-up is intended to give …
· Technology
- LINE's crypto exchange BITBOX adopts Chainalysis AML compliance solution
Money laundering is one of the biggest problems associated with cryptocurrency and Chainalysis is a company trying to counter this issue. It provides cryptocurrency investigation and compliance solutions, enabling bus…
· Business
- Major JSTA-Securitize partnership aimed at boosting Japanese digital securities adoption
It was recently announced that a partnership between the Japan Security Token Association (JSTA) and Securitize is being pursued with the objective of boosting digital securities adoption in Japan. By working together…
· Business
- HSBC-Dubai blockchain partnership to shake up the retail industry
Banking giant HSBC and Landmark Group, which is a company based in Dubai, recently completed a transaction that connected two independently-built blockchain platforms, Arabian Business reports.
· Technology
- Blockchain dominates Singapore skills market in new LinkedIn report
It would seem that the demand for and the supply of skills related to blockchain has increased in Singapore to the point where it is dominating the market. This news comes via a new LinkedIn report covering the Asia-P…
· Insights & Views
- New cryptocurrency auditing tool announced by PwC
Cryptocurrency investors often find it difficult to keep track of their transactions. To address this issue, PwC recently announced a new software tool to provide audit and assurance services to clients dealing with c…
· Business
- Hard Core Fund secures 50 BTC to fund bitcoin developers
Hard Core Fund, a non-profit organization which fundraises and donates to those who contribute to the Bitcoin, has raised 50 BTC to support bitcoin developers, CoinDesk reported.
· Business
- Cloudflare bets big on Ethereum, new gateway announced
It would appear that Cloudflare is ready to step it up with its blockchain game with the cloud service recently announcing a new gateway for Ethereum. This basically means that there is no need to install additional e…
· Technology
- Russia to soon approve cryptocurrency bill
Russia will soon join the list of countries that have adopted cryptocurrency legislation. The recent development comes on the heels of recent reports that suggest that Russians might be responsible for a huge crypto t…
· Regulation
- Zcash Alternative Zebra Released, Safer and Better
The Zcash Foundation has recently released the new alternative it has been promising, which is intended to be a safer, better option.
· Technology
- Malaysia Seeks Blockchain Dominance with MDEC Pilot Freelance Program
It would appear that Malaysia is looking towards the future with bright eyes with the recent announcement of the new Malaysia Digital Economy Corporation (MDEC) project. This new initiative is aimed at bringing in som…
· Regulation
- MediLedger Project Officially Begins, Could Help End Opioid Crisis
For the most part, the opioid crisis is all about delivery and distribution of drug supplies getting out of hand. This could be where the MediLedger Project could come in and assist with ending the issue with its part…
· Technology
- Italian Blockchain Initiative Using 200 Banks and 200M Data Items in New Test
The tests for the blockchain initiative called Spunta by the Italian Banking Association (ABI) has reached a new phase. The new tests will involve putting 200 banks and 200 million data items through the wringer to se…
· Business
- IBM Improves Blockchain Technology with ‘Multicloud’ Approach
It would appear that IBM is more than interested in putting its money where its mouth is with the new version of its Enterprise Blockchain platform. This upgraded tool is intended to work with even more cloud services…
· Business
- DAML Becomes More Widely Available, Digital Asset Teams Up with HACERA and Blockchain Technology Partners
DAML is the smart contract language created by Digital Asset and in a recent development, the company is teaming up with HACERA and Blockchain Technology Partners to make it more widely available. It is doing so via H…
· Technology
- HSBC taps Identitii's tokenisation technology for accounts receivables
Banking giant HSBC this week launched the Digital Accounts Receivable Tool (DART) for its corporate clients in India.
· Technology
- Crypterium Prepaid Card Finally Available, Major Milestone In Crypto Payments
It would appear that Crypterium finally kept its word by launching the prepaid card that it has been promising clients for a long time. With the use of this card, it becomes much easier to pay for goods using a crypto…
· Technology
- Facebook Crypto Initiative Gets Thumbs Up from RBC Analyst, Expects Big Things
It would appear that some analysts are already salivating at the mouth simply thinking about what the cryptocurrency initiative that Facebook will be launching soon will mean for its bottom line. RBC analysts Mark Mah…
· Technology
- Google Makes Big Move into Blockchain with New Partnership
Search engine giant Google recently made it known that it was partnering up with a startup called Chainlink. This suggests that the tech company is making even bigger moves into the blockchain, which should be of no s…
· Technology
- Iceland Approves Blockchain Integration of Monerium, New Age Currency
It would seem that Iceland is once again ahead of most developed countries in what it is trying to achieve with its digital currency and blockchain. This time, the nation’s Financial Supervisory Authority has given th…
· Regulation
- Nevada goes all in on Blockchain, bundle of bills passed
It would seem that Nevada is really committed to being as supportive of blockchain initiatives as it can. The state just passed several bills aimed at improving access and investments with regards to projects that mak…
· Regulation
- Bitcoin Gains Not Bullish, Short-Lived Rally
There is no doubt that Bitcoin has made some progress ever since getting out of its $6,500 pit, but investors and analysts are still wary. As of writing, CoinMarketCap is putting the biggest cryptocurrency in the worl…
· Investing
- Startups Team-Up for Potential Giant Crypto Payment Deal with Amazon
With Amazon being the single largest online retail entity in the world, it only makes sense that the first to enable cryptocurrency payments with the tech giant would become industry leaders. This is exactly what two …
· Technology
- Rhode Island could run entirely on blockchain soon
Governments becoming interested in implementing blockchain in their operations is old news. It has been well-established, at this point, that the system is far more secure and efficient than what most agencies are usi…
· Technology
- Facebook secures bank lobbyist to push cryptocurrency dominance
Facebook is intent on dominating the cryptocurrency field – or just any field, in general – and it recently hired a bank lobbyist to help it do just that. The new member of its global force for world domination is Ed …
· Technology