Month: May 2018

The Australian arm of “Big Four” auditing firm PwC is working a new solution aimed to boost efficiencies in the country’s international trade systems. Announced Tuesday, PwC Australia is collaborating with the Australian Chamber of Commerce and Industry (ACCI) and the Port of Brisbane for the development of a new platform that utilizes blockchain technology to link supply chain information, in theory eliminating difficulties with traditional methods by, a release states, removing complexity. Dubbed the Trade Community System, the solution addresses Read more …

What I experienced during my first month working for BTC.com What a busy month for the BTC.com team! Our team took part in three large conferences to spread knowledge about blockchain and cryptocurrencies. As the new content & community manager I had the chance to engage with the blockchain community at Chainges, BlockShow and TheNextWeb conferences. Three wonderful events filled with curious attendees, eager to learn about cryptocurrencies and to discover our wallet while getting their first crypto! BTC.com offers a Read more …

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Monster Products, the inventor of the Beats headphones line has informed the US Securities and Exchange Commission (SEC) that it intends to hold an initial coin offering (ICO), public documents show. According to an SEC filing dated May 25, Monster hopes to raise as much as $300 million by selling Monster Money Tokens (MMNY). The company, which has struggled financially in recent years, intends to use the Read more …

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. The creation of money has been effectively in private hands since, well, forever. Looking at the modern times – after the creation of the US federal reserve system in 1913 – one of the greatest misconceptions instilled in the masses is the belief that public institutions, such as the US Fed or the ECB, are the only expression of public interest and that money creation is the Read more …

WisePass was officially launched August 17th, 2016 in Ho Chi Minh City and has since expanded to Hanoi, Bangkok, and Manila with Jakarta expected to open soon.More than 500 people have signed up and the app has driven more than 20,000 visits to partner venues. Within the next 6 months, WisePass is planning to expand to many other countries, with the goal being to expand into one country every quarter.The momentum is great but with each emerging market, a fair Read more …

Finance US independent rating agency, Weiss Ratings, has published its complete list of 93 cryptocurrency ratings. The company has upgraded its BTC rating to B-. The list shows 14 coins with B ratings including ETH, IOTA, NEO, XRP, STEEM, TRX, and XLM. Fifty-four of the rated cryptocurrencies carry C ratings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Complete List of 93 Crypto Ratings On Tuesday, May 29, Weiss Ratings made public its complete list of 93 cryptocurrencies rated Read more …

China-based cryptocurrency wallet imToken announced Thursday that it has closed a $10 million Series A round fully funded by venture capital firm IDG Capital. Founded in 2016, imToken first entered the industry as a dedicated ethereum wallet service, but has since expanded to support a claimed 30,000-plus tokens, including “airdrops” and ICO issuances. The company said in a release that the new equity financing will be used to expand its overseas businesses and to hire more technical staff for product Read more …

Just a couple of weeks ago, one of the most anticipated events of 2018, the Futurama Blockchain Innovators Summit, brought together about 300 leaders from the cryptocurrency industry. The largest concentration of entrepreneurs, top speakers, famous investors, and enthusiasts gathered in the incredibly futuristic, technologically advanced city of Dubai. Aside from the panel discussions, attendees enjoyed a dune bashing safari comprised of more than 50 Landcruisers, a desert rose party, hot air balloon rides with falcons and the 3-day event Read more …

Hong Kong will not currently issue a central bank digital currency (CBDC), citing the existence of already efficient payment infrastructure, according to a government press release published yesterday, May 30. Joseph Chan, the Acting Secretary for Financial Services and the Treasury in the Legislative Council, said in response to questions about both the People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) issuing digital currencies that although the HKMA is monitoring cryptocurrency development globally, they have “no Read more …

Tom Goldenberg is a senior engineer at BCG Platinion | MAYA Design and founder of Blockchain Panel NYC. The views expressed here are his own. Cryptocurrency exchanges operate in a fluctuating industry that is bracing for change. With changes in regulation and customer sentiment rapidly shifting, it is anybody’s guess what will happen in the next two to five years. Notably, a few big players – both centralized and custodial in nature – handle the bulk of trading volume for the Read more …