2020 Elections: West Virginians to Use Blockchain-based Voting Application

Expanding on the blockchain-voting pilot that allowed overseas military operatives and families to vote during the November 2018 mid-term elections, the mobile voting app will now be used during the 2020 presidential elections, which is a concern to some security experts according to MIT Technology Review, April 18, 2019. Blockchain Ballot Last year, Boston-based firm […]

Social Media Platform Mithril Becomes Purported First to Migrate to Binance Chain

Decentralized social media platform Mithril (MITH) has adopted the Binance Chain, the mainnet of the leading cryptocurrency exchange Binance. The development was announced by Mithril in a blog post published on April 18. With the step, Mithril — a social media platform that rewards content creators with its native token MITH —  becomes the purported […]

FPT Corporation and SBI Holdings Invest $3 Million in Vietnamese Blockchain Project

Technology company FPT Corporation and financial services firm SBI Holdings Inc have jointly invested $3 million in Vietnamese blockchain startup Utop, local English language daily news outlet Viet Nam News reported on April 19. FPT Corporation and SBI Holdings Inc have reportedly signed a memorandum of understanding (MoU) to invest $3 million in joint venture […]

Financial Giants still Investing in Blockchain despite Bear Markets

Venture Capitals, technology firms and financial institutions are actively investing in blockchain technology startups building infrastructure for the cryptocurrency industry, though they are still wary of bitcoin and altcoins due to their volatile nature, according to a Reuters report on April 18, 2019. $850 Million Poured Indirectly into the Cryptospace Per sources close to the […]

Bitcoin SV Experiences Blockchain Reorganizations, Possibly Due to Unwieldy Block Size

The Bitcoin Satoshi Vision (BSV) blockchain is struggling with its large block size following a series of block re-organizations, cryptocurrency exchange BitMEX tweeted on April 19. In the post, BitMEX reveals that on April 18 its BSV node “experienced 2 block re-organizations. First a 3 block re-organisation, followed by a 6 block re-organisation.” BitMEX provided […]

India: RBI Omits Cryptocurrency-Based Projects from Fintech Regulatory Sandbox

The Reserve Bank of India (RBI) on April 18, 2019, published the terms of its fintech-focused regulatory sandbox. While the report highlights the importance of blockchain technology for various applications, it explicitly rejects all sorts of cryptocurrency-based businesses from being included in the sandbox. Blockchain is Cool; Crypto, Not So Much Per the sandbox draft, […]

Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs

The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a policy brief published on April 18. In the document, entitled “Is there a future for central bank digital currencies,” the Central Bank of the Russian Federation outlined a number of potential benefits of CBDCs, such […]

Crypto Developer Raises $4 Mln From Samsung, Others to Launch Wallet Without Private Keys

Israeli cryptocurrency developer KZen has raised $4 million from backers including South Korean electronics giant Samsung, industry news outlet The Block reported on April 17. The company’s product, smartphone wallet app ZenGo — currently in beta phase testing — aims to simplify custodial wallet usage for entry-level cryptocurrency users. Using a combination of split key […]

Binance Updates White Paper to Reword Section on Quarterly Manipulations with BNB

Binance has recently updated its white paper’s section devoted to quarterly manipulations with its native token binance coin (BNB), based on a version of the white paper backed up on the Internet Archive Wayback Machine on Feb. 8. According to the section “Repurchasing plan” in the older version, Binance stated that they would buy back […]

Blockchain Platform Believes It Is the ‘Golden Ticket’ for Saving the Live Events Industry

A new blockchain-based platform says it has bold plans to transform the events industry — eliminating middlemen to reduce costs for organizers, promoters, entertainers, suppliers and consumers alike. Evedo argues that the sector’s scalability has been dramatically affected by a “lack of innovation” in the way events are organized. A multitude of platforms are often […]