HTC Exodus 1s To Allow Mining Monero Cryptocurrency

HTC Exodus 1s smartphone users should soon be able to mine crypto directly on their phone. HTC, a major Taiwanese consumer electronics company, has partnered up with ASIC chip design company Midas Labs in order to enable users of the HTC blockchain-powered smartphone Exodus to utilize their devices to mine Monero (XMR) directly. This will…

Ethereum Expands Blockchain Capacity by 25%

Ethereum’s network capacity has been expanded by the mining community to allow more transactions to be processed on the network per second. This is in light of increased traffic on the network, largely due to controversial stablecoin Tether and a gambling game called Fair Win. Ethereum co-founder Vitalik Buterin relayed last week that block producers…

The Past, Present and Future of Blockchain & Cryptocurrency

Historical background, revealing context and prescient vision were presented on blockchain and bitcoin at a recent Tampa Bay Conference entitled, “The Past, Present and Future of Blockchain & Cryptocurrency.” These components are greatly needed in the current discussions and warnings being bandied about by Congress, Wall Street, regulators and now Main Street, thanks to all…

Iran Lines Up a New Cryptocurrency Backed by Gold

Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The…

Steve Wozniak Joins an Energy Focused Blockchain EFFORCE Startup in Malta

Apple co-founder Steve Wozniak has joined a Malta-based blockchain enterprise targeting more efficient use of energy. Speaking at an event on the island Thursday, Wozniak said he has invested in the EFFORCE project – which enables investors to back energy efficient projects around the world – and become a co-founder. According to the Malta Independent,…

Oracle Uses Blockchain To Solve A Billion-Dollar Food Industry Problem

Last year Oracle entered a partnership with the World Bee Project (WBP) to leverage cloud technologies to better understand the decline in global bee populations. The initial goal was to devise innovative strategies to help farmers manage bee and pollinator habitats. “Today’s bee population is declining at a very fast rate, which is being caused…

Litecoin The Best Performing Crypto Coin This Year Is Up 340%

Despite many investor’s laser-like focus on Bitcoin’s breathtaking rally, one currency that’s far outpacing Bitcoin and other cryptocurrencies is Litecoin, up about 340% this year as of today with a market value of $8.3 billion. The digital coin has grown at far more than double the pace of Bitcoin in 2019, and is now the…

Thailand Is Opening Up to Crypto – Bitcoin, XRP, Ethereum and Stellar Lumens

Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it…

India’s Federal Bank Teams Up With Ripple For International Payments

As of early January 2019, Ripple had announced that it surpassed 200 partners as it adds 13 financial institutions as customers for its payment network, RippleNet. Ripple consolidating traditional financial markets is an interesting use case for blockchain for the real world. Federal Bank in India has partnered with blockchain payments company Ripple to facilitate…

Dragonchain Awarded Patent for Blockchain Powered Loyalty System

Dragonchain, an enterprise blockchain-as-a-service provider originally developed out of a Disney technology incubator, was awarded a patent for a loyalty system that tracks and monetizes time on the blockchain, according to documents published by the U.S. Patent and Trademark Office (USPTO). The patent, titled security systems and methods based on cryptographic utility token inventory tenure,…

UK-Based Global Funds Network Calastone Switches Entire System to Blockchain

London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure (DMI) in a press release published on May 20. Per the release, the migration of the company’s over 1,800 customers over 41 markets “represents the largest community of global financial services organisations…