Category Archives: Crypto News

‘China’s Google’ Baidu Launches Blockchain-Based Image Rights Protection Platform

China’s internet giant Baidu launches Blockchain-based image rights protection system in a bid to stamp out copyright infringements in the digital image space. Chinese internet search giant Baidu has launched a digital image property rights management platform based on Blockchain, the company announced Wednesday, April 11. The service, called Totem, timestamps each submitted original image with a real-time identity and other user data, storing it on a traceable and immutable Blockchain. According to the Baidu’s announcement, the company’s existing artificial intelligence capacities – including image analysis and […]

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Santander, Ripple Launch First Blockchain Int’l Payment Service For Retail Customers

Santander has become the first bank to deploy Ripple’s Blockchain technology for transfers of customer funds. Spanish-based international bank Santander confirmed the launch of its Ripple-powered Blockchain payment network Thursday, April 12, becoming the first bank to do so. One Pay FX, which uses Ripple’s Blockchain technology to cut the cost and waiting time associated with international funds transfers, will initially be open to Santander account holders in Spain, Brazil, Poland and the UK, according to the company. “From today, customers in the UK can use One […]

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Bitcoin’s Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board

BTC has shot up above $8,000, and ETH above $400, as the crypto markets experience a steep 30 minutes of upwards growth. The crypto markets experienced an explosion of growth today, April 12, with Bitcoin (BTC) jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green. While no specific events have been confirmed as the reason for the sharp price jumps across the board, Twitter users have speculated that the recent news that Bitcoin […]

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World’s Second Largest Crypto Exchange OKEx Moves To ‘Blockchain Island’ Of Malta

Crypto exchange OKEx announces plans to expand into Malta, citing the country’s Blockchain ecosystem development Malta, which has recently passed regulatory legislation concerning Blockchain, cryptocurrencies, and Initial Coin Offerings (ICO) in a bid to become a crypto-friendly “Blockchain island,” is welcoming major crypto exchange OKEx to the country, according to an OKEx press release published today, April 12. Crypto exchange Binance, the world’s largest exchange by trade volume, also reported at the end of March that they were planning on opening at office in Malta, after receiving […]

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Startup Developing A Universal Currency For Gamers Is Announcing Its Pending Patent

sponsored The project also reveals its own wallet supporting various ERC20 tokens and plans for launching MVP in June 2018 While implementing its own utility token that allows gamers to convert their in-game currencies into cryptocurrencies, the Tap Project has applied for a patent on the converting method. For gamers who are interested in extra earnings, this shows that the project is acting seriously and intends to fully disclose and release their system, method and conversion mechanism publicly. The project also plans to release its MVP in […]

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China: Blockchain Conference Shut Down By Police, Organizers Claim ‘No Legal Issues’

A Chinese Blockchain conference that Shanghai police shut down April 12 has said it denies associations with suspicious ICO operator. Organizers of a Chinese Blockchain conference that police suddenly shut down have denied rumors they invited a suspected fraudulent Initial Coin Offering (ICO) to the event, local news outlet YMTMT.com reported Thursday, April 12. Local media reports cite PTP International, the organizers behind the Global Fintech & Blockchain China Summit 2018 (GFBCS) in Shanghai, as saying the only reason given by police for the raid was “security […]

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GOLEM: The App Is Finally Live On The Ethereum Blockchain

It’s taken 3 years for Golem Beta to go live on the Ethereum Blockchain. But that timeframe and the 14 software implementations have made sure that Golem is the perfect app for allowing your computer’s excess CPU to be available for others. Many software products are criticized when they are first released especially when the market is eagerly awaiting it. However, what clients fail to realize is the complexity of the process of constant development and testing of software to ensure it is launch ready. The whole […]

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Bitcoin Dust: Symptoms And Remedies

Symptoms All Bitcoin software will by now have dust no matter what. This is simply matter of fact – one of a few technical glitches of the program. These very small pieces of bitcoin – although tiny in monetary value – require as much capacity as the higher value transactions. As frustrating as this is, the system automatically produces this so-called dust when there are multiple transactions. Inevitably, this dust reduces the overall performance of Bitcoin and slows things down somewhat. Historically this was not so much […]

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ASIC Miner: New Dedicated Mining Rig Due For Release From Bitmain

The Background World leader in mining hardware – Bitmain – has just announced the July 2018 release date of a new mining rig, which impressively is dedicated to exactly that. The market is already expecting GPU prices to drop and the whole Ether mining market to be completely changed. However, there has been a lot of criticism about how Bitmain has handled the announcement and sold Antminer E3 so early. By releasing it months in advance, the market is concerned that the sale is far too early […]

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National Currency, Scam And Police Violence: What’s Going On With Crypto In India

India’s National government continues to make belligerent statement, not forgetting about taxation India’s central bank, the Reserve Bank of India (RBI) has caused a stir on April 5, 2018 by announcing that it would not allow regulated institutions like banks, payment service providers and non banking finance companies (NBFCs), to provide services to persons or businesses that deal with cryptocurrencies. The RBI undertook this step due to a number of reasons which they claim as, “consumer protection, market integrity and money laundering, among others.” As the statement […]

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