Following the release of IBM’s much hyped World Wire product, the U.S. tech giant is now further solidifying their position in the blockchain industry with the introduction of a new product that makes tracing food significantly more efficient. The product, called the IBM Food Trust Platform, has been in the testing phase for the past […]
In what may be a sign that business in the cryptocurrency space is in a winding down phase, U.K.-based bitcoin exchange Coinfloor is bidding adieu to half of its staff. The company, which claims to be the oldest crypto exchange in London, has roughly 40 employees. More than half of them will be let go, […]
A man has plead guilty to stealing electricity from the Chinese state to power his Bitcoin mining operation. Xu Xinghu will be forced to serve a three and a half year prison sentence and pay around a $14,500 fine for his crime. Dwindling Profit Margins Cause Bitcoin Miners to Steal Power According to reports in […]
ESMA intends to report on how it may regulate ICOs by the end of 2018, chair Steven Maijoor told a European Parliament committee.
Binance, the largest cryptocurrency exchange by trading volume, said that it will make new cryptocurrency listing fees transparent and donate 100 percent of those fees to charity. The exchange made the announcement today, October 8, 2018, in a blog post where it stated that a listing fee would now be more appropriately called a “donation.” […]
The U.K.’s communications regulator, Ofcom, received £700,000 to study potentially using blockchain in managing the nation’s 1 billion phone numbers.
Oasis Labs is launching an incubator program for startups focused on privacy applications of blockchain, and some big investors are on board.
The post Bitcoin News Summary – October 8, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. China’s longest-running technology magazine, Beijing Sci-Tech Report, will accept Bitcoin payments for annual subscriptions. Starting in 2019, readers will can pay 0.01 BTC to receive the publication. Some crypto industry […]
Note: This is part 3 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” In order to understand […]
BlackBerry Limited has now come up with a blockchain solution for secure data sharing among healthcare providers in order to improve patient outcomes. The company is using its network operation center (NOC) to power a blockchain digital ledger that aims to create a secure global system for storing and sharing patient medical data, a release […]