Global: 62% of Auto Execs Believe Blockchain Will Disrupt Industry within 3 Years

CCN
The auto industry is betting big on blockchain. In fact, a whopping 62% of auto executives say the technology underpinning bitcoin will be a disruptive force in the industry by 2021. Moreover, 95% of carmakers plan to make “moderate...

Korea: Samsung Could Be Developing Its own Blockchain Phone

TNW
There might be another name joining HTC and Sirin Labs as makers of blockchain smartphones, and it’s one of the world’s largest phone manufacturers, Samsung. Earlier this week, Samsung submitted three European trademark requests for blockchain-based smartphone features, spotted by Galaxy Club. The three...

South Korean: South Korean Bank Wants to Use Blockchain to Reduce Human Error

TNW
South Korea‘s second largest bank is in the middle of rolling out a blockchain-based system designed to reduce human error. Shinhan Bank is using the blockchain for Interest Rate Swap (IRS) transactions. The bank purportedly implemented this system at...

Global: MikroTik Cryptojacking Threat Now Affects Over 415,000 Routers Worldwide

The number of threats against cryptocurrency users continues to increase. Cryptojacking has been a big problem which only grows worse. New statistics confirm over 415,000 routers globally now mine cryptocurrencies. A very worrisome trend which seemingly can’t be stopped...

Global: Bitcoin Miner Consolidation Increases Risk of More Crypto Mayhem

Bloomberg
One of the consequences of the recent rout in Bitcoin is well underway. And it’s likely to have a profound effect on the leading cryptocurrency. There is a consolidation going on among the so-called miners that perform the complex calculations to...

China: China’s Huawei Cloud Launches Blockchain Service

Huawei Cloud, a global provider of information and communications technology (ICT) infrastructure and smart devices, announced on Thursday it officially launched its Blockchain Service (BCS) for global use earlier this month, after launching the service for commercial use in China earlier this...

Global: Hands-on with the Sirin Labs FINNEY, the World’s First Crypto-Native Smartphone

CCN
Sirin Labs, the blockchain startup funded by nearly $158 million in initial coin offering (ICO) proceeds, has released its much-anticipated “blockchain smartphone,” the FINNEY. The firm unveiled the device on Thursday at a release party in Barcelona, which featured presentations from...

North Korea: Hackers From North Korea Targeting Bitcoin, Crypto Investors

Due to the decentralized, borderless, and censorship-resistant nature of Bitcoin and related technologies, North Korea, the world’s most well-known hermit state, has taken a liking to this decade-old innovation. But some would argue that North Korea has taken its crypto penchant...

US:Intel Patent Could Make Bitcoin Mining More Efficient

TNW
Swathes of cryptocurrency mining establishments are going out of businessat the moment, mostly because of high energy prices and the rising difficulty of mining, which adds up to an unprofitable system. The reward of mining isn’t worth the effort. But Intel...

Global: Blockchain, AI Hailed as New Tools to Protect High Seas

Emerging technologies that can remotely monitor the high seas will be crucial to enforcing a proposed deal to preserve the biological diversity of the world’s oceans, researchers and campaigners said. Diplomats met in September at the United Nations in...

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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...

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...