Category Archives: Crypto News

Crypto Markets See Slight Decline on The Day, Bitcoin Cash Makes Minor Gains

Cryptocurrency markets have seen a slight drop on the day, with BCH being the only token out of the top 10 to make some gains. Tuesday, Nov. 13: Cryptocurrencies have experienced a slight decline over the last day, with almost all top 20 coins by market capitalization in the red after seeing some growth yesterday, Nov. 12. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) is down less than a tenth of a percent today, trading at $6,370 at press time. During the day, the lowest […]

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Major South Korean Hospital to Use Blockchain Tech for Medical Information Services

A South Korean hospital plans to use blockchain tech for cross-hospital healthcare information exchange. One of the South Korea’s largest hospitals has partnered with a local tech company to develop a medical services platform based on blockchain technology, according to the hospital’s official press release Nov. 12. Myongji Hospital, located in the city of Goyang, South Korea, has signed a Memorandum of Understanding (MoU) with Korean IT company BICube, which markets itself as a machine learning platform. The two parties plan to use blockchain technology to create […]

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Canadian Holding Firm to Acquire EXMO Crypto Exchange Per Letter of Intent

Major crypto exchange EXMO has signed a Letter of Intent for Canadian publicly-traded holding company GoverMedia Plus Canada to acquire the platform. Canadian holding firm GoverMedia Plus Canada will acquire U.K.-based crypto exchange EXMO per a recently signed a Letter of Intent (LOI), according to a joint announcement published Nov. 13. The LOI reportedly enables GoverMedia to exclusively negotiate the transaction within the next 180 days. Upon the completion of the transaction, the joined entity will continue to conduct business on the EXMO platform and will be […]

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Amex Files Patent for Blockchain System to Match Images of Receipts With Stored Records

The travel arm of financial services giant American Express has filed a new blockchain-based patent for “linking digital images with related records.” Financial services giant American Express (Amex) has filed a patent for a blockchain-based system to capture and transmit the image of a receipt, according to a U.S. Patent and Trademark Office (USPTO) patent filing published Nov. 13. The patent applicant is listed as American Express Travel Related Services Co., Inc., the company’s travel subsidiary. The new filing, titled “Linking digital images with related records,” includes […]

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Chinese City in Hunan Province Launches Blockchain Platform for Real Estate Data

The Chinese city of Loudi in Hunan province launches a real estate blockchain platform backed by local land, tax and real estate departments. The Chinese city of Loudi has launched a blockchain platform to store real estate data, the Chinese Communist Party’s official newspaper, People’s Daily, reports Nov. 13. The platform is backed by land, tax and real estate departments in the city, which is located in central Hunan province. Starting Nov. 15, the new system will let citizens avoid lines and other bureaucratic processes when submitting […]

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Amazon Wins Patents for Cryptography and Distributed Data Storage Solutions

E-commerce giant Amazon has won two patents related to methods for protecting the integrity of digital signatures and improving data storage in distributed computing networks. E-commerce giant Amazon has won two patents related to methods for protecting the integrity of digital signatures and improving distributed data storage. The two patents were published by by the U.S. Patent and Trademark Office (USPTO) today, Nov. 13. The first patent document, first filed in April of this year, outlines a “signature delegation” method for “protecting the integrity of digital signatures […]

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Russia: Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain

The Russian branch of Raiffeisen Bank partners with major oil industry company, Gazprom Neft, and others to issue a bank guarantee via blockchain. The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a bank guarantee on blockchain, Russian business newspaper Kommersant reported Nov. 12. According to Kommersant, the bank guarantee was issued to conduct a trade finance transaction involving four parties, Raiffeisen, Gazprom Neft, Belarusian firm Mozyr Oil Refinery, Priorbank of Belarus. Raiffeisen acted as an advising bank […]

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Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena

Crypto exchange Huobi’s U.S.-based strategic partner HBUS has hired former VC director of Draper Athena as VP of Corporate Development. HBUS, the strategic partner of top crypto exchange Huobi, has hired a former executive of venture capital (VC) firm Draper Athena, according to a press release shared with Cointelegraph Nov. 13. The HBUS trading platform, which currently employs around 40 people in their headquarters in San Francisco, has officially announced the appointment of Jay Ryu, formerly of Draper Athena, as Vice President of Corporate Development. As the […]

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Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection

Engineering and electronics manufacturer Bosch has partnered with IOTA, integrating its new data collection Internet of Things device with the IOTA Data Marketplace. Engineering and electronics manufacturer Bosch has partnered with IOTA, integrating its new data collection Internet of Things (IoT) device with the decentralized IOTA Data Marketplace, according to a tweet from Bosch Nov. 12. The IOTA Marketplace is a decentralized data marketplace where parties can buy or sell access to active data streams, using MAM (Masked Authenticated Messaging). According to a post on Bosch’s blog, […]

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New Linux-Targeting Crypto-Mining Malware Combines Hiding and Upgrading Capabilities

New Linux-targeting crypto-mining malware is able to upgrade itself and hide from being detected, cybersecurity firm Trend Micro reports. Japanese multinational cybersecurity firm Trend Micro has detected a new strain of crypto-mining malware that targets PCs running Linux, according to a report published Nov. 8. The new strain is reportedly able to hide the malicious process of unauthorized cryptocurrency-mining through users’ CPU by implementing a rootkit component. The malware itself, detected by Trend Micro as Coinminer.Linux.KORKERDS.AB, is also reportedly capable of updating itself. According to the report, […]

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