Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech

SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges as non-securities. Meanwhile, the SEC has targeted startup cryptos for increased scrutiny. Also Read: SEC Commissioner Says Time Is Right for Bitcoin ETFs — […]

Honda And GM to Research Smart Grid, Electric Car Interoperability With Blockchain Tech

Major automobile manufacturers Honda and General Motors (GM) are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20. As part of the project, Honda and GM will investigate whether electric vehicles can be used to stabilize the supply of energy in smart grids. […]

Bitcoin and Blockchain: The Tangled History of Two Tech Buzzwords

“I’m interested in blockchain, not bitcoin.” Admit it, you’ve heard this hundreds, if not thousands, of times. (You might have even said it yourself.) And sure, people know what you’re saying, you’re talking about the “technology underlying bitcoin” and you sound smart enough. Once it became known – or at least presumed – that you […]

Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups

By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. NASSCOM, which represents the $154 billion Indian IT sector and is a powerful voice in the industry, is calling for the […]

Crypto Trader, Tech CEO: This Indicator Could Signal a “Prolonged Bull Market”

The Bitcoin price has been doing rather well of late. The number one digital asset has surged more than 100 percent in 2019 alone and many crypto market analysts are calling for more upside to come. Crypto technical analyst and CEO of tech consultancy firm NodeSource, Joe McCann, is one such voice. He has highlighted […]

ConsenSys-Backed Kaleido Launches B2B Tech Stack With ‘Plug-and-Play’ Features

Kaleido has launched a new business-to-business (B2B) tech stack with a view to helping companies “reinvent their core payment systems and supply chains,” according to a news release obtained by Cointelegraph on May 15. The ConsenSys-backed company said the stack brings together the necessary tools and technologies that businesses need to build modern networks delivering […]

Blockchain, Crypto Will Have a Role in US Tech Independence

Technology needs to be a national issue for the United States, with digital currencies and blockchain to be recognized within that goal, according to Ripples’ Director of Regulatory Relations Ryan Zagone, at the Consensus 2019 conference on May 14. Zagone stated that technology needs to be a national security issue for the U.S. to ensure […]

Figure Tech Debuts $1 Billion Blockchain Loan Facility in Partnership with Jefferies and WSFS Banking Services

According to a press release issued May 9, 2019, Figure Technologies in conjunction with Jefferies and WSFS Banking Services recently completed a $1 billion asset-based loan facility on the Provenance blockchain. The partnership will see Figure’s Provenance blockchain handling the full spectrum of loan financing for dealers, funds, banks to mention a few. Variable Funding […]

JPMorgan Has Quietly Rebooted the Blockchain Tech Behind Its JPM Coin

The Takeaway JPMorgan’s technology teams spread across three continents have been busy updating the bank’s Quorum blockchain platform over the past six months, replacing key parts of its privacy-enhancing components. Like JPMorgan’s recently announced partnership with Microsoft Azure, the updates were meant to make Quorum usable by a larger universe of firms. According to JPMorgan […]

Samsung’s ‘Digital Transformation Framework’ Includes Blockchain Tech

At Samsung’s Real 2019 event in Seoul, Samsung SDS CEO Hong Won-pyo described the company’s plans to add blockchain tech to its entrprise IT solution packages. Samsung SDS, formerly known as Samsung Data Systems, is the company’s IT consulting arm and it has been exploring blockchain tech for some time. The newly announced package of […]