Australia: Real Estate Brand In Australia Prepares To Make The World’s First Bitcoin Auction

One of Australia’s oldest and most popular real estate companies is currently working so as to perform the first live Bitcoin auction. The firm is LJ Hooker, established in 1928, will be partnering with auctioneer James Pratt and the blockchain-related firm NuYen to facilitate an online bidding war for 1 Beech Lane, Casuarina, New South Wales. The information was released by Micky on March 18. image via Shutterstock

US: IBM Says Banks Consider Following JPMorgan Into Digital Currency

International Business Machines Corp., a provider of technology for creating digital currency, said at least two “major U.S. banks” are considering whether to follow JPMorgan Chase & Co.’s lead in issuing a coin. Jesse Lund, IBM’s vice president of blockchain, said that the company has held initial discussions with the two lenders on issuing a so-called stablecoin -- a digital token that is pegged 1:1 to an established currency like the U.S. dollar. JPMorgan, the largest U.S. bank by assets, announced in February that it would issue a digital currency tied to the dollar, called JPM Coin. image via Shutterstock

South Korea: Korea’s Biggest Messaging App Kakao to Integrate Crypto Wallet For 44 Million Users

According to fnnews, a mainstream financial media outlet in South Korea, Kakao is integrating crypto for its 44 million local users. Kakao is the biggest internet conglomerate in South Korea that operates KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock, and many other platforms that have overwhelming dominance in their respective markets. image via Shutterstock

India: The Largest Software Company, Tata (TCS), Works on New Blockchain Development Platforms

The largest Indian IT company, Tata Consultancy Services Limited (TCS), is currently working on a wide range of blockchain projects. In order to do so, the company is leveraging the services provided by R3’s blockchain platform. They are also working with Microsoft Azure Blockchain. The main intention behind it is to implement distributed ledger technology (DLT) in different sectors of the business. image via Shutterstock

Global: Bitcoin Average Daily Trading Volume Reaches New High Since 2018

Average daily trading volume of the world’s largest cryptocurrency Bitcoin has reached its fresh highs since April, 2018. Independent crypto data researcher Kevin Rooke brought the community’s attention to bitcoin volume via his Saturday tweet. The analyst revealed that traders, in March, changed hands for/to the cryptocurrency to the extent of approx $10 billion. In comparison, those numbers were as low as $6.25 billion in November 2018, the month in which bitcoin price plunged 35 percent owing to the Bitcoin Cash hard fork fiasco. image via Shutterstock

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Blockchain Connect Conference

More Attention Should be Given to Blockchain Academics for the Uprising of Blockchain, Says Blockchain Connect Conference   Dec. 2nd, 2019, San Francisco - Blockchain Connect Conference, a futuristic blockchain-technology based conference, research destination, and collaborative event hosted by SV Insight, will officially take place on Jan 11, 2019, at Marriott Marquis in San Francisco, California. Emphasizing on academic in the blockchain space, this conference will gather the most authoritative blockchain professors around the world, the public chain projects with the most advanced technology, and technical experts, to discuss about the most cutting-edge blockchain academic research, problems, and solutions. By including keynote speeches and panels covering topics from research to application, the conference will explore the next big opportunity in the blockchain industry. The conference will be divided into two tracks: an academic track and a business track. The academic track will focus on academic discussions, mainly led by professors, scholars, and blockchain core developers, who will...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

New Voice

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

New Voice

Introduction: Coconut is a universal payment platform that allows customers to use any cryptocurrency to purchase goods and services. Coconut team is composed by a group of students from Harvard University and MIT, which won the award for best new nascent blockchain project at the MIT Bitcoin Expo 2018. BlockPulse 360 has the chance to conduct an interview with this promising project and team at Harvard University.

Insights

Interview

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...

Republic Is Creating An Equal Investment Opportunity for the Public

Republic is an investment crowdfunding platform that facilitates startup financing by main street investors including cryptocurrency investment. BlockPulse360 has the pleasure to sit down with its CEO Kendrick Nguyen at Harvard Business School to discuss the initiative of Republic in the crypto space. https://youtu.be/Qu24pzaqyO4

Crypto Market

US: Time Magazine Lauds Bitcoin As An Escape From Economic Control

Mainstream media has become infamous for bashing Bitcoin (BTC). Over the asset’s relatively short lifespan of ~10 years, prominent journalists (who often don’t understand the value of blockchain-based assets), have come out to overtly bash BTC. Some have claimed that its ecosystem is rife with bad actors. Others maintain their belief that Bitcoin is just the tulips of the 21st century. The bottom line is that many that hail from traditional realms think BTC is worthless, along with the thousands of other blockchain-based tokens that this community holds dear. image via Shuttstock

Global: PwC Official Affirms Ripple’s XRP is a Great Example Crypto Markets’ Maturity

One certainty that we can have from following the news of the crypto market in 2018 is that it is certainly maturing. Now, as 2018 is ending, several people from the industry are weighing what happened this year and making predictions for the future of cryptos. Now, one of the latest comments comes from Henri Arslanian, a crypto leader at PricewaterhouseCoopers, a company from China and Hong Kong. According to him, there are a lot of exciting prospects for the industry in 2019, including the institutional investors, which always seen to be ready to jump in the market for real “soon”. image via Shutterstock

Japan: CRYPTACT Financing about $300.000 for Cryptocurrency Asset Management Services

On September 26, CRYPTACT, a Japanese company that provides services such as cryptocurrency asset management platform, announced that it had successfully raised 330 million yen (about $300.000) from companies such as JAFCO, Money Forward and D4V to promote the popularization of blockchain technology and cryptocurrency markets and the expansion of investor support platforms and the recruitment of talents. In addition, CRYPTACT will form a partnership with Money Forward, which is scheduled to launch a profit and loss calculation service for cryptocurrency transactions on Money Forward within the year. (Japanese) image via Shutterstock

Iran: Iran is Considering Digital Currency Trading through Local Banks

Iran's President Hassan Rouhani had held a joint meeting between the Central Bank and the Ministry of Communications on digital currencies and new proposals for their circulation. During the subsequent cabinet meeting, Minister Jahromi announced the possibility of exchanging and trading of digital currencies through local banks, but the plan has not yet been activated, "the fact is that this type of exchanging is prohibited so far by the Central Bank of Iran." (Arabic) image via Shutterstock

Regulation

Canada: Canada Mulls Setting Rules for Crypto Platforms

Canadian regulators are looking to create new rules for crypto trading platforms, months after the death of the founder of digital platform Quadriga CX that led to about C$180 million ($135 million) in frozen cryptocurrencies. The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) said bit.ly/2Fffz2V on Thursday they are considering a set of tailored regulatory requirements to address the "novel features and risks" of crypto platforms. image via Shutterstock

US: Independent Firm Verifies Crypto Giant Circle’s USDC Reserves

Circle has announced that it has contracted an independent accounting firm, Grant Thornton LLP, to verify through attestation reports the dollar reserves thaCirclece maintains to back the USDC token. Circle joins Paxos Standard in doing this on a monthly basis. According to the findings of Grant Thornton, Circle actually has about $4,000  more than it has issued in tokens in its accounts backing USDC. image via Shutterstock

US: Crypto Crime Is a Focus of Trump's New Task Force on Consumer Fraud

In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the greatest threats to the public is just emerging: red-hot markets for crypto coins. The inclusion of virtual tokens -- along with traditional crimes like money laundering and investment schemes targeting the elderly -- as a focus of a panel announced Wednesday is the latest sign of Washington’s concern over digital currencies. image via Shutterstock

Arab: Cryptocurrency Assets Get Arab World’s First Regulatory Nod

The Arab world’s smallest country is taking the lead in regulating crypto assets. Bahrain’s central bank said on Monday that it issued “the final rules on a range of activities relevant to crypto assets.” The framework covers areas from licensing and governance to cyber security. image via Shutterstock

TECHNOLOGY

Global: Your Guide On Bitcoin's Lightning Network: The Opportunities And The Issues

Bitcoin has been around long enough that cycles in the market are starting to emerge. There was a spike in the value of Bitcoin at the end of 2017, reaching almost $20,000 at its peak. A huge rush of people entered the market to see how they could get in on it. A rush of new coins, smart contract based applications, and Ethereum copy-cats came out of the woodwork. image via Shutterstock

US: Facebook’s Blockchain Division Has a New Director of Engineering

Social media giant Facebook has recently promoted senior engineer Evan Cheng to director of engineering for its recently-launched blockchain division. Earlier in May, Facebook put together a team led by David Marcus, Coinbase board member and former president at PayPal, to explore blockchain technology and its potential use cases for the platform. The team consisted of less than a few dozen people and included senior executives from Instagram. The team was said to directly report to Mike Schroepfer, CTO of Facebook. image via Flickr

US: Microsoft Releases Blockchain Development Kit on Azure

US tech giant Microsoft released on Thursday a new software development kit on its Azure cloud platform. The solution enables enterprises to develop distributed ledger technology (DLT) for a variety of use cases and integrate it with current data and legacy systems. Thus, companies will be able to use the kit to integrate blockchain with SaaS solutions provided by Microsoft and third-parties. image via Shutterstock

Global: SAP Latest Enterprise Player to Offer Cloud Blockchain Service

SAP announced today at its Sapphire customer conference it was making the SAP Leonardo Blockchain service generally available. The latter is a cloud service to help companies build applications based on digital ledger-style technology. image via Shutterstock