Bitcoin Is Still A Clear Favourite Among India’s Crypto Investors

Indians have a clear favourite when it comes to cryptocurrencies. The world’s largest virtual currency by market capitalisation—bitcoin—is the most traded cryptocurrency in India. Since March when the ban on cryptocurrencies was revoked, bitcoin accounted for 20% of the total traded volumes on WazirX, one of the popular cryptocurrency exchanges in India. Over the last…

FC Barcelona to Issue Tokens for Blockchain Fan Platform

FC Barcelona fans are about to get on the blockchain. Barca, as one of the world’s most popular football clubs is known, will issue tokens for use on a fan-engagement platform. The tokens, expected in the second quarter, will let holders vote on a variety of decisions about the team such as what music to…

Wells Fargo Tests Cryptocurrency For Internal Transactions

Wells Fargo & Co said that it will pilot its own digital currency powered by blockchain to help move cash across borders and between branches in real time. The currency, called Wells Fargo Digital Cash, will be linked to the U.S. dollar and transferred using the bank’s distributed ledger technology to keep track of payments…

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…

Microsoft Makes JPMorgan’s Quorum the Preferred Blockchain for Azure Cloud

Microsoft will promote JPMorgan Chase’s Quorum blockchain to the global tech giant’s business customers, the companies announced Thursday. The Redmond, Washington-based software firm will support Quorum, JPM’s private enterprise version of ethereum, through Microsoft’s Azure cloud platform, the firms said. They will look to support adoption of the network through their new partnership, after signing…

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,…

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…

ABN AMRO Eyes Launch of Blockchain Inventory Platform

As ABN AMRO drops its exploration of a cryptocurrency wallet product, the Dutch bank says it’s seeking to launch a blockchain inventory platform for trade inventory. The bank said in a news release Friday that it’s currently “exploring options” for bringing the platform, called Forcefield, to market, and is in discussions with firms in the…

Facebook Sets Up Libra Networks in Switzerland

Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. Libra Networks, which was registered in Geneva on May 2, will provide financial and…