BCG Report Offers ‘Reality Check’ for Blockchain in Commodities Trading

Major U.S. consulting firm Boston Consulting Group (BCG) has released an in-depth report August 16, which it dubs a “reality check” for the use of blockchain in the commodity...

Bank of China Partners With China UnionPay to Explore Blockchain for Payment Systems

The commercial, state-backed Bank of China (BOC) and financial services corporation China UnionPay (CUP) have entered into a partnership, according to an August 15 announcement. Per the terms of...

Brian Armstrong: Coinbase Signed Up 50,000 Users per Day in 2017

Cryptocurrency exchange Coinbase CEO Brian Armstrong said in an August 14 interview with Bloomberg that it was signing up 50,000 users per day in 2017. Speaking at the Bloomberg...

Venezuela to Use Petro as Unit of Account for Salaries, Goods and Services

Venezuelan President Nicolás Maduro has announced that the national oil-backed cryptocurrency, the Petro, will be used as a unit of account within the country, news outlet ABC International reported...

Jamaica Stock Exchange to Introduce Crypto and Tokens Trading via Canadian Fintech Firm

The Jamaica Stock Exchange (JSE) has selected Canadian fintech company Blockstation to facilitate the trading of digital currencies and tokens on the JSE, according to an August 14 press...

Playboy Sues Canadian Blockchain Firm for Fraud and Breach of Contract

Beverly Hills-based Playboy Enterprises is suing Canadian firm Global Blockchain Technologies (GBT), claiming that it failed to integrate blockchain technology into Playboy’s online media channels, the Los Angeles Times...

Playboy Sues Canadian Blockchain Firm for

Beverly Hills-based Playboy Enterprises is suing Canadian firm Global Blockchain Technologies (GBT), claiming that it failed to integrate blockchain technology into Playboy’s online media channels, the Los Angeles Times...

Blockchain Startup Signs MOU With Central Bank of Curaçao and Sint Maarten

Barbados-based fintech startup Bitt Inc. has signed a Memorandum of Understanding (MOU) with the Central Bank of Curaçao and Sint Maarten (CBCS) to research the possibility of issuing a...

World Bank’s Blockchain-Based Bonds — A Step Toward Adoption?

In what is being called a world first, the World Bank has ordered the creation of a blockchain-based bond through Australia’s Commonwealth Bank (CBA). It marks a very clear...

Communist Party of China Releases Primer on Blockchain Technology

The Communist Party of China (CPC) has recently released a primer on blockchain technology and its possible applications, according to an official press release on the CPC website Aug....

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ETN vs. ETF: Which Is the Investor’s Dream?

There has been a big push for investors to be able to buy Bitcoin without actually having to buy the digital currency. Products —...

Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support

Saturday, August 18: crypto markets have seen another slump today, with some coins wavering following weekly gains, according to data from Coinmarketcap. Total market...

Uber’s Largest Shareholder SoftBank Denies Deal With Bitmain, Other Investments Uncertain

An official from SoftBank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by...