Category Archives: Crypto News

Japan: Major Finance Firm SBI Opens Its Crypto Exchange to Traders

After considerable delays, SBI Holdings has finally begun accepting account registrations for its new cryptocurrency exchange VCTRADE. Japanese internet giant SBI Holdings formally launched the public version of its cryptocurrency exchange VCTRADE, according to an official announcement July 17. The move came after several months of delays as SBI conformed with regulatory demands for tightened security. “Account opening is available for individuals from 20 to 70 years old residing in Japan,” a brief notice confirmed, adding that “applications for setting up accounts from corporate customers are not […]

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IBM Backs New US Dollar-Pegged Stablecoin That Runs on Stellar Network

IBM has backed a new project for a U.S. dollar-pegged stablecoin that runs on the Stellar blockchain network. A new project for a U.S. dollar-pegged stablecoin that runs on the Stellar blockchain network has received backing from IBM, Reuters reports July 17. The new asset is dubbed ‘Stronghold USD’ after its creator, fintech startup Stronghold. The token launched today, and is reportedly issued using a 1:1 price ratio with the U.S. dollar. It is the first ever stable-value crypto project to use the Stellar network, as Fortune […]

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Boeing to Develop Blockchain-Enabled Unmanned Vehicles in New Partnership

Blockchain technology will go hand in hand with artificial intelligence in a new pilotless plane project from Boeing. Boeing is partnering with an artificial intelligence (AI) company to develop pilotless vehicles and other products using blockchain, it announced in a press release July 17. Texas-based SparkCognition, a company which Boeing invested in in a $32 million funding round last month, will work with the aviation giant on a platform which will track unmanned air vehicles and allocate flight corridors. As a byproduct of this development, the partnership […]

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UK Set to Become a Blockchain and Crypto Economy Leader, New Report Says

Britain could become a leader in blockchain technology and the crypto economy, according to a new report. A new report states the UK has the potential to become a leader in blockchain technology and the crypto economy by 2022, The Guardian reported July 16. The new report was conducted by the Big Innovation Centre, DAG Global, and Deep Knowledge Analytics, all companies aimed to connect business, academic, and public agencies to provide insights on new innovative technologies. According to the group’s analysis, Britain has the governmental, technological, […]

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IT Giant Oracle Confirms General Release of Its Blockchain Cloud Service

Oracle’s blockchain cloud platform debuted Monday, aiming to improve transaction efficiency and supply chains for banks and businesses. US computer technology multinational Oracle confirmed the general release of its blockchain platform in an official press release July 16. The launch follows a series of trials with banking, business and government clients. Oracle Blockchain Cloud Service (OBCS) focuses on transaction efficiency and supply chain authentication, using Hyperledger Fabric as its basis. Existing users of a pre-release version of the product include Arab Jordan Investment Bank (AJIB), Indian Oil […]

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New Mining Pool Vows to Enhance Profitability While Reducing Power Consumption

sponsored A blockchain company is starting a mining pool and introducing an immersion cooling method which reduces levels of heat generation. A startup blockchain company, with a team featuring former executives from Samsung Electronics, have unveiled plans to invigorate the way cryptocurrency mining is performed – creating an infrastructure designed to enhance profit and help blockchain technology become more prolific in everyday life. 12SHIPS says it wants to tackle some of the issues that miners currently face as they use air cooling systems. The company claims many […]

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Hive OS – A New Linux GPU Mining Platform Gaining Popularity

There are a number of Linux-based mining distributions available out there, but most of them do have some limitation or a drawback or maybe are not very user friendly for non-advanced users. Hive OS is a relatively new Linux based mining platform that is trying to change that and offer a single package for all your GPU and even Bitmain ASIC miners for easy deployment, monitoring and control. The installation of the OS on any AMD or Nvidia GPU mining rig is quick and easy and then […]

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Updated EWBF Cuda Equihash Miner v0.4 With More Solvers

The new EWBF Cuda Equihash Miner is turning out to be the go to miner for Nvidia GPUs when talking about Equihash solvers other than the “original” 200,9 one used by Zcash (ZEC) now that there are ASIC miners available for it. The latest version 0.4 adds support for a new solver for Equihash 210,9 used by AION along with the other already supported Equihash solvers 192,7, 144,5 and 96,5. The latest version also includes some improvements and fixes as well, so if you are using previous […]

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Robinhood Adds Support for Dogecoin on Its Crypto Platform

Crypto trading platform Robinhood has added support for Dogecoin, following its recent extension to Litecoin and Bitcoin Cash. U.S.-based trading company Robinhood has added support for Dogecoin (DOGE) on its Robinhood Crypto platform, according to a blog post published July 16. DOGE is a peer-to-peer digital currency started as a parody on a dog meme based on a real Japanese Shiba Inu named Kabosu. DOGE was introduced in December 2013, and currently has a market capitalization of $331 million according to Coinmarketcap. With today’s announcement, DOGE has […]

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China Sees Sixfold Increase in Companies With ‘Blockchain’ in Their Title

In China, the number of companies with the word blockchain in their name increased almost sixfold this year. In China, the number of companies registered with the word “blockchain” in their names surged from January to July 16, 2018, surpassing last year’s number by nearly sixfold, the South China Morning Post (SCMP) reported July 16. Citing figures from business and civil data aggregator Qixin.com, SCMP reported that the country currently hosts more than 4,000 blockchain-related companies. In the past six-and-a-half months, there were 3,078 firms with the […]

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