Month: August 2018

1,000 Cryptocurrency POS Terminals to be Distributed in Brazil

Indonesian point-of-sale (POS) terminal maker Pundi X Labs (Pundi X) has struck a distribution deal with Brazilian company BitCapital to have 1,000 of its XPOS device distributed in retail outlets across the South American country, the startup said earlier this week.  Ricardo Guimaraes Filho, founder of BitCapital, and Zac Cheah, CEO and co-founder of Pundi …

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A Former Mine in Norway is Providing a Sustainable Alternative for Bitcoin

Where miners once stood to mine olivine, computer equipment has now taken centre stage. Located in the fjords of Norway is a former olivine mineral mine that began its operations in the late 1970s. Fast-forward to the 21st century and that mine has been converted into an underground data centre for something different: Bitcoin mining …

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Report Finds Crypto Mining Incidents Have Risen 1000% in 2018

Cybersecurity company Trend Micro has revealed that between January and July 2018, its researchers detected unauthorized crypto mining attacks – also known as ‘cryptojacking’ – at a rate nearly 1000 percent higher than in the second half of 2017. The information was revealed in the company’s H1 2018 report titled “Unseen Threats, Imminent Losses.” From …

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Blockchain For Enterprise Enabler Unibright Announces Beta Release

A little more than three months after reaching its soft cap, the blockchain for enterprise enabler Unibright has made progress by signing strategic partnerships with tech giants including Microsoft and Lufthansa. Earlier this month, the company officially announced their first exchange listing with QRYPTOS chosen to list their token. Now the German-registered company has stated …

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Elastos Unveils Merged Mining Partnership With Bitmain

Elastos, a blockchain-powered Internet infrastructure, has announced a merged mining partnership with Bitmain Technologies, a cryptocurrency mining specialist and hardware producer. Merged mining allows Bitcoin (BTC) and the ELA coin, Elastos’ token, to be mined simultaneously and more efficiently. BTC will serve as the parent chain while ELA will work as the auxiliary chain. The …

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MyCrypto Raises $4 Million Led By PolyChain Capital to Build a More Intuitive Interface for Cryptocurrency Users

MyCrypto has announced it has raised $4 million in a Series A funding round led by crypto hedge fund Polychain Capital. The funds are expected to go toward building an intuitive interface for cryptocurrency users. Since the beginning of 2018 the value of the crypto market has struggled to gain traction. Yet, despite this interest …

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Israeli Blockchain Startup Orbs Opens South Korea Office; Partners with Kakao Subsidiary Ground X

Blockchain startup Orbs is expanding into South Korea with the opening of its Seoul headquarters, the company’s first office outside of Israel, and a Memorandum of Understanding (MoU) freshly signed with Kakao’s blockchain subsidiary Ground X for research, development and business cooperation. Orbs hybrid blockchain Orbs is building a hybrid blockchain with built-in interoperability features …

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UK Government Pilots Storage of Digital Evidence on a Blockchain

Her Majesty’s Courts and Tribunals Service (HMCTS), an agency under the UK Government’s Ministry of Justice has announced plans to explore a framework for storing digital evidence using blockchain technology. Balaji Anbil, Head of Digital Architecture and Cyber Security at HMCTS made the disclosure recently in a blogpost that appeared on the agency’s website. Key …

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New Fund to Aid Partnership between Singaporean and Chinese firms in Blockchain and Media Technology

Businesses in Singapore and Chongqing, China, operating in the info-communications and media (ICM) space are set to receive a boost with the announcement of a new fund to aid collaboration.  MOU on Third-party Market Collaboration For projects to be mutually developed and implemented in either country; the China-Singapore ICM Joint Innovation Development Fund, has been …

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A Brief History Of Cryptocurrency and Sports Partnerships

eToro has announced an advertising partnership with seven Premier League Football clubs. The deal was settled with Bitcoin and represents one of the largest blending of cryptocurrencies and sports to date. It comes immediately after CoinDeal signed a partnership with the Wolverhampton Wanderers to put their logo on the Wolves’ sleeves. In addition, the Sacramento …

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Blockchain Platform Streamr is Creating a Network of Tradeable Data in Real-Time

In today’s digital age we give away our personal data without too much thought in exchange for services. Yet since the Facebook controversy surrounding Cambridge Analytica’s misuse of people’s personal data, we are now beginning to question where exactly that valuable information is going. The likes of the EU’s General Data Protection Regulation (GDPR) and …

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Interest in Cryptocurrencies on the Rise in Latin America

Latin Americans are increasingly turning to cryptocurrencies which many perceive these as a more stable store of value and means of transaction. In hyperinflation-crippled Venezuela, privacy-focused cryptocurrency Dash is rising in popularity among locals with some 200 merchants signups and thousands of wallet downloads per month. “We are seeing tens of thousands of wallet downloads …

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Pure Diamond Farm Singapore to implement ICO to fund its made-in-Japan lab-grown diamond business with blockchain technology

Pure Diamond Farm Singapore will be implementing Initial Coin Offering (ICO) for its Pure Diamond Coin by end of the year to kick-start its made-in-Japan lab-grown diamond business using blockchain technology. Pure Diamond Farm team has succeeded in generating lab-grown diamond led by Pure Diamond Lab Co. Ltd., a production and Research & Development firm …

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