Thailand: Thailand’s National Stock Exchange Venturing into the Cryptocurrency Space

Thailand has increasingly become conducive to virtual currencies with the South Asian country’s national Stock Exchange reportedly planning to launch a cryptocurrency exchange. The Stock Exchange of Thailand , is looking to apply for a digital license in order to facilitate the trade of cryptocurrencies. Members of the SET will also join the crypto-fever by applying for a cryptocurrency broker-dealer license with Thailand’s regulatory authorities. image via Shutterstock

US: Buy Bitcoin at Thousands of Stores at Coinstar Kiosks

A Bitcoin ATM company based in the US has announced a partnership with a major multi-national coin-counting company to enable users to buy Bitcoin (BTC) at thousands of kiosks in different stores.  Coinme – reportedly the first blockchain-oriented state-licensed Bitcoin ATM operator in the US has announced a partnership with the international coin-counting company Coinstar. According to the official release, this will enable users to enable people to buy Bitcoin in a quick and convenient way while handling their regular, daily routines like shopping for groceries, for example. image via Shutterstock

China: How $400 Billion Tencent Might Soon Acquire Two Major Bitcoin Exchanges

Tencent might soon be the proud owner of two major bitcoin exchanges, as the $400 billion Chinese tech conglomerate is weighing a bid for the South Korean holding company that controls them. Tencent Mulling Bid for Owner of Bitstamp & Korbit. Reuters reports that Tencent is actively pursuing co-investors to purchase the South Korea-based NXC Corp, the company behind gaming firm Nexon. Kim Jung-ju reportedly wants to sell a 98.64 percent share in the company that he co-founded in 1994. That stake, which is held by Kim and his wife, is worth an estimated $7.1 billion to $8.9 billion. image via Shutterstock

Europe: SAP Launches New Blockchain Software to Authenticate Pharmaceuticals, Eliminate Counterfeit Drugs

SAP has recently launched a new blockchain system that would be used to track drugs and reduce counterfeit products enter the market. The intention is to allow wholesalers to authenticate pharmaceutical packaging. The supply chain in the pharmaceutical industry will be enhanced with the latest system developed by SAP. The information was released by SAP in a press release on January 16. Wholesalers in the United States encounter 60 million returns annually that have an estimated value close to $7 billion. image via Shutterstock

Global: Please Do Not Store Crypto on Any Exchange, Warns CEO of Major Crypto Exchange Kraken

Jesse Powell, the CEO of a major crypto exchange Kraken, warned users of digital assets to not store funds on trading platforms. The warning of Powell follows a high profile security breach suffered by Cryptopia, a New Zealand-based crypto exchange known for its listing of a wide range of small market cap tokens. Any application or platform connected to the internet by nature is hackable. In essence, centrally operated crypto exchanges are similar to banks in that they hold the private keys and funds of users. 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

Insight Into The Blockchain Trends Of Today And The Future

BlockPulse360 had the pleasure of sitting in on an interview with one of China’s most reputable blockchain thinkers, Dr. Feng Han, the co-founder of Elastos, about his take on the current and future trends in the blockchain industry in China. Dr. Han began his journey in the cryptoworld with a background in quantum mechanics, but it was only during an alumni lecture on Bitcoin in 2013 that he was formally introduced to cryptocurrency. Since then, the co-founder of Elastos has been busy at work developing a new operating system to promote decentralization initiatives using blockchain technology. Elastos is an open source, blockchain-driven operating system optimized to run decentralized applications. The thinking behind this technology came from the realization that if traditional applications wanted to connect through blockchain, the most effective way to do so would be through a platform that was also operated by blockchain. And so, Elastos was born. What...

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

Global:Ripple CEO: Bitcoin Is Controlled by China

Ripple's CEO Brad Garlinghouse took center stage in front of a packed house at the InterContinental Boston. He was interviewed by Lee Simpson, Stifel Tech Analyst. image via Shutterstock

Japan: Japanese Bitcoin Exchange Coincheck that Lost $500M to Receive Full Licensing By End of Year

Readers may recall the January hack that cost Coincheck over $500 million. The largest theft in cryptocurrency history, the hack saw the exploitation of a vulnerability in the exchange’s security system and culminated in the loss of more than 500 million. New Economy Movement tokens, each worth over $1. As CCN’s Josiah Wilmoth wrote at the time:Notably, though, Tokyo-based Bloomberg reporter Yuji Nakamura said that Coincheck had not yet received an exchange license from Japan’s Financial Services Agency (FSA). The deadline was October, but the FSA had extended a grace period to the company. image via Shutterstock

US: Crypto Price Tracker CoinMarketCap Launches Professional Data Feed

Cryptocurrency price tracker and data aggregator CoinMarketCap has launched a new suite of professional API services designed for cryptocurrency funds and developers. The website has long provided users with a basic, zero-fee API, but the new product offers more data points, as well as higher rate limits to meet the needs of professional users such as trading firms. The “hobbyist” tier starts at $79 per month, while the “professional” tier will set projects back $699 per month. image via Shutterstock

Liechtenstein: Union Bank AG Plans Security Tokens and Stable Coin

Union Bank from the Principality of Liechtenstein is the first fully regulated bank to launch its own security token. In addition, the bank plans to issue its own stable coin. The Union Bank Payment Coins should be covered by the Swiss franc. (German) image via Shutterstock

Regulation

UK:Regulators Are Hunting Dodgy Cryptocurrency Firms on UK’s Wall Street

It’s not just US regulators intent on cleaning up the blockchain industry. In the UK, financial watchdogs are closing in on more dodgy cryptocurrency businesses than ever before. In fact, since May, the UK’s Financial Conduct Authority (FCA) has lodged 26 inquiries with firms it suspected to be operating within financial services sector without permission, reports the Telegraph. image via Shutterstock

Global: Genesis Mining Is Offering a Discount to Help Customers Withstand the Current Downturn.

Genesis Mining, responding to falling bitcoin mining rewards for its customers, is offering a discount to help customers withstand the current downturn, the company announced in a blog. The company has recognized customers were not receiving expected rewards and is offering a chance to upgrade their mining contracts to Radiant contract terms with a premium discount. image via Shutterstock

US: The CIA ‘Can Neither Confirm Nor Deny’ It Has Documents on Satoshi Nakamoto

Who is Satoshi Nakamoto? Ever since this pseudonymous person or group unleashed Bitcoin on the world in 2008, Nakamoto’s real identity has been one of the biggest mysteries in the cryptocurrency world. And based on a response to my recent Freedom of Information Act (FOIA) request, if the CIA knows anything, it’s not talking. image via Shutterstock  

Global: $1.1 billion in Cryptocurrency Has Been Stolen This Year, And It Was Apparently Easy to Do

Roughly $1.1 billion worth of cryptocurrency was stolen in the first half of 2018, and unfortunately for owners, it's pretty easy to do, according to cybersecurity company Carbon Black. Criminals use what's known as the dark web to facilitate large-scale cryptocurrency theft. There are now an estimated 12,000 marketplaces and 34,000 offerings related to cryptotheft for hackers to choose from, the company said in a study released Thursday. image via Shutterstock

TECHNOLOGY

Canada: A Blockchain Testing Ground for Cannabis Cultivators

A recent report by global consulting firm Deloitte on how blockchain technology can revolutionize the retail and consumer goods industries is being hailed by — the now legal –Canadian cannabis sector as an area of major growth for supply chain Track and Trace systems. image via Shutterstock

South Korea: Government to Actively Support Blockchain-based Financial Services

Chairman Choi Jong-gu of Financial Services Commission(FSC) stressed on Tuesday that the government would actively support blockchain-based services in the financial field. And he said, under the background of exploring blockchain-based financial services at home and abroad, such as identity authentication, insurance claims, and electronic voting, and so on, the financial authorities are aware of the feasibility of blockchain technology and have been considering blockchain-based application solution. (Korean) image via Shutterstock

South Korea: Telecom Giant KT Uses Smart Contracts to Settle Real-time Roaming Charges

KT, the South Korean Telecom Giant, has developed a blockchain-based system that can automatically settle real-time roaming charges. The new system uses blockchain-based smart contract. After the application of this technology, it can settle roaming charges on a real-time basis, a job that previously took a month. (Korean) image via Freebie

US: Mastercard Wins a Patent to Link Cryptocurrency With Fiat Accounts

Mastercard has been granted a patent that grants it rights for a method for “managing fractional reserves of blockchain currency.” With Mastercard’s latest patent, we’re getting closer to using our cryptocurrency credit cards to purchase goods. According to the filing, the method addresses the storing of both fiat and cryptocurrencies under one profile. This means, as a user, you’d have two linked accounts with your bank — one for your fiat wealth, and one for crypto. image via Shutterstock