Category: Cryptocurrency

Monex Group Inc., Japan’s third largest online brokerage, is looking to build its own blockchain platform and conduct an initial coin offering (ICO), according to a financial filing dated April 26, 2018. Monex’s Japanese division will be in charge of building the blockchain platform which will be used “for the aim of executing all the… Continue reading Japan Online Brokerage Monex Plans New Blockchain Platform And ICO

The founder of Binance, one of the world’s biggest cryptocurrency exchanges, has denied an allegation that he breached an exclusivity agreement with venture capital firm Sequoia Capital. In a company post published today, Zhao Changpeng issued a statement in response to a report that Zhao is being sued by Sequoia Capital after it filed a… Continue reading Binance Founder Denies Allegations It Breached Sequoia Capital’s Exclusivity Agreement

A decentralised insurance platform has announced its support for the first blockchain-enabled insurance product to tackle natural disasters in Puerto Rico. According to an announcement, Etherisc’s hurricane insurance policy uses smart contracts to take away the strain of having to deal with traditional insurance companies. The need for the new policy from the Zug-based startup… Continue reading First-of-its-Kind Blockchain-Based Hurricane Insurance Policy Created for Puerto Rico

Decentralized Alternative Cabs Serving & Empowering Everyone (DACSEE), a ride-hailing platform built on blockchain technology targeting the Asian market, has launched its mobile application, debuting in Malaysia, the startup announced on Wednesday. DACSEE is now available for Android users in Malaysia. The iOS app will be available on April 27. The startup said the mobile… Continue reading DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia

For two hours yesterday, April 24th, 2018, hackers diverted visitors of MyEtherWallet.com, accessing user accounts and stealing approximately 215 ether. MyEtherWallet warned users on Reddit and Twitter as soon as the hack was identified. But, this left a couple of hours where users of the wallet attempting to visit the MyEtherWallet.com website were redirected to… Continue reading $150,000 USD in Ethereum Stolen in MyEtherWallet Hack

To understand the importance of blockchain governance and the debate surrounding it, It is important to first define blockchain governance and it’s role in the entire blockchain ecosystem. Blockchain governance in cryptocurrencies relates to decisions about two things: the rules of the protocol (the code) and the incentives the network is based on (the economics).… Continue reading On Chain VS. Off Chain Governance: The Ins And Outs

A Thomson Reuters survey claims that one in five financial institutions are considering cryptocurrency trading in 2018, with many planning to do so in the next few months. The survey by the leading professional market news service was conducted with over 400 Thomson Reuters trading solutions clients, including users of the Eikon, REDI, and FX… Continue reading Financial Firms are Ready to Enter the Cryptocurrency Market Says New Survey From Thomson Reuters

Martin Lewis, a British consumer advice and Money Saving Expert, is suing Facebook for defamation after it failed to stop scammers posting fake adverts using his picture, name, and reputation. Lewis, who is the founder of consumer help site MoneySavingExpert.com and a TV presenter on ITV’s The Martin Lewis Money Show, explained in a blog… Continue reading Facebook Should Take Responsibility, Says Money Saving Expert Suing Platform Over Cryptocurrency Scams

Responding to consumer demand for altcoin investment opportunities and trading eToro has added EOS to its platform as of April 23rd, 2018. eToro is a next generation global trading and investment platform with nine million users. It boasts the ability for users to manually invest in over 1,500 instruments, copy the trades of more experienced… Continue reading eToro Adds EOS as Demand for Altcoins Surges

SK Telecom (SKT), a South Korean telecommunications operator, is looking to adopt blockchain technology for identity management, improved payments and asset management, the firm announced on Tuesday. Oh Se-hyeon, the executive vice president of SKT’s blockchain unit, said the firm is planning to launch a blockchain-based asset management and payment services. “The service will allow… Continue reading S Korea Telco To Use Blockchain For Asset Management And Authentication