On May 4, 2018, at EDCON in Toronto, Canada, the Huobi Group announced its plans to expand to the Canadian market with a fully operational office in Toronto by the end of the year. This expansion marks the blockchain asset company’s second move into North America this year after setting up operations in San Francisco, […]
Blockchain technology holds great promise in Ethiopia, the largest coffee producer in Africa, but getting a foothold in the country is a challenge due its constraining bureaucracy. One blockchain company is finding inroads by directly collaborating with the government. IOHK, the company behind the Cardano blockchain, has announced a partnership with the government of Ethiopia […]
“Hands off my Bacoin.” That’s the message a 27-year-old IT worker has for Oscar Mayer. When Oscar Mayer launched what it called “the only leading authority to help lead bacon into the future of tomorrow – by creating a currency today,” they failed to recognize that Kirk Steele had created a cryptocurrency in 2014 called […]
Yesterday morning, BitGrail cryptocurrency exchange announced its reopening via Twitter. Unfortunately, just three hours later, exchange users saw an abrupt closure of services once again. On May 2, BitGrail, a cryptocurrency exchange based in Italy, announced to its customers that the exchange was resuming services after a several-week hiatus. Unfortunately, just three hours later, BitGrail tweeted: “We have temporarily disabled the […]
Chelan County’s Public Utilities District is enacting new security measures to protect employees from bitcoin miners.
The Berkeley ICO came one step closer to becoming a reality this week, earning a significant vote of approval from the local city council. The California city wasn’t the first US locality to push for blockchain adoption, but it’s making up for lost time with innovation. City council officials in the Northern California’s Berkeley on […]
A patent application by JPMorgan Chase suggests putting financial transaction information on a distributed ledger.
As reported earlier this week, meat and cold cut company Oscar Mayer is running a promotion called ‘Bacoin,’ a cryptocurrency-inspired redemption program designed to get people to promote bacon on social media. But there’s a problem. Bacoin Token According to new reports, the Kraft/Heinz-owned company weren’t the first to bring Bacoin to the market. A 27-year-old […]
While many in the West often overlook Africa as an emerging blockchain innovation center, a deeper look across the continent tells a very different story. The Blockchain Africa Conference came to a close last month in Johannesburg, South Africa. Around the same time, the Kenyan government set up a task force to study the impact […]
Equihash, the Proof-of-Work (PoW) mining algorithm used by Zcash and a variety of other cryptocurrencies, is about to get a lot less equitable. On Wednesday, mining hardware manufacturer Bitmain revealed that it had developed the first Application Specific Integrated Circuit (ASIC) miner capable of mining on Equihash-secured networks. Bitmain’s Zcash ASIC miner — the Antminer […]