Month: March 2021

TON Labs and China’s Blockchain-based Service Network are collaborating to build applications on the Telegram-built TON protocol. According to an announcement issued on Monday, the partnership grants BSN developers access to TON technology. As with other instances of adapting public networks to the BSN China infrastructure, TON Labs will adapt the Telegram-built TON protocol to suit the demands of Chinese regulations. Hence, the TON network implementation on BSN China will be an Open Permissioned Blockchain or OPB version. According to Read more …

A Spanish Court has issued an order compelling a division within the country’s police to investigate the possible existence of “computer fraud” on the Bittrex cryptocurrency platform. The order was issued following the filing of a complaint by a Tenerife based Bittrex user who claims to have lost 1.3 BTC (or $58,000) that was stored on the exchange platform. Cybercriminals Blamed According to a Spanish media report, the unnamed user’s problems started when initial attempts to access his funds were Read more …

press release Chiliz $CHZ – the digital currency for sports and entertainment – has announced listings on the Bitcoin.com Exchange, HitBTC and Changelly platforms. Chiliz is the on-platform currency of fan engagement platform Socios.com, which is built on the Chiliz blockchain infrastructure. Socios.com allows sporting and entertainment organisations to monetize their global fanbases through digital assets known as Fan Tokens. 23 major sporting organisations have partnered with Socios.com to launch Fan Tokens including FC Barcelona, Juventus, Paris Saint-Germain and AC Read more …

Elon Musk manipulating the crypto markets, JP Morgan suggesting Bitcoin as a hedge and Coinbase trading Bitcoin itself? These stories and more, this week in crypto. Guess what happened after Elon Musk tweeted that cryptocurrencies were “too high”? The prices abruptly dropped! During the week, the price of Bitcoin fell more than 20% and it looks like Musk’s company Tesla has also experienced a serious dip. Analysts argue that beyond Musk’s Tweet, the dip was inevitable due to the overly Read more …

The firm Rakuten Inc., often referred to as “the Amazon of Japan,” announced customers can now load up Rakuten Pay accounts with cryptocurrencies like bitcoin, ethereum, and bitcoin cash. In order to commemorate the latest crypto service, Rakuten is also offering bonus points to people leveraging “Rakuten Cash” via crypto assets. Crypto Can Pay for Rakuten Goods and Services, Alongside Mister Donut, Familymart, and McDonald’s The massive Japanese electronic commerce and online retail company based in Tokyo is now allowing Read more …

Mad Money host Jim Cramer thinks he has a solution to save troubled video game retailer Gamestop with the help of bitcoin. He suggests that Gamestop should raise money to buy the cryptocurrency, then convert its 5,000 locations into bitcoin stores. He believes his idea will work. Jim Cramer Has Idea to Use Bitcoin to Save Gamestop Mad Money Jim Cramer said on CNBC last week that he believes he has come up with a viable plan to help video Read more …