US: Three Things IBM Must Do To Keep Red Hat Acquisition From Sinking The Company

IBM’s announcement that it wants to pay $34 billion for open source leader Red Hat  raised the eyebrows of everyone who follows enterprise tech. The largest software acquisition in history, and for what? Revenues that represent little more than a rounding error for the Armonk behemoth? Open source software that IBM could get for free? Bragging rights, perhaps? None of these explanations can hardly explain the serious green Big Blue is paying for Big Red. Here’s my take. image via Shutterstock

Global: Binance CEO Hints at How XRP can Become a Base Currency on the Platform

Members of the XRP Community have proven to be resilient in getting their voices heard in terms of getting their favorite digital asset added as a base currency on the popular cryptocurrency trading platform of Binance. The reasons the community has cited as to why XRP should be the base on Binance are as follows. image via Shutterstock

Global: KPMG: Cryptocurrencies like Bitcoin are Not Store of Value [Yet]

It will take a long time for cryptocurrencies like Bitcoin to attain the status of a store-of-value asset, said KPMG in its latest crypto study. The Big Four firm’s “Institutionalization of Cryptoassets” report asserted that assets like bitcoin could neither be used as a medium of exchange nor a store of value, mainly because of lack of trust and scalability. It suggested that crypto sector must undergo institutionalization if it plans to thrive any further concerning stability and adoption. image via Flickr

Switzerland : Switzerland Approves the very first Cryptocurrency ETP includes Bitcoin, Ethereum

While the whole cryptocurrency community has been waiting for the SEC to approve a Bitcoin ETF, Switzerland has yet again proved that they are one step ahead than any other country in terms of encouraging institutional investors to participate in this space. According to reports by Financial Times, Switzerland’s main stock exchange has opened its doors for the first ETP tracking multiple cryptocurrencies. SIX Swiss Exchange, based in Zurich, will start the trading of Amun Crypto ETP from next week. The ETP is designed to track an index of the five well-known cryptocurrencies. image via Shutterstock

Global: Industrial-Scale Blockchain Adoption Imminent According to Sberbank CEO

Sberbank’s CEO, Herman Gref, has recently made some waves stating that ”industrial-scale adoption” of blockchain is around the corner. More specifically, Gref suggested that blockchain adoption might increase dramatically in the ”next year or two”. Moreover, it is worth highlighting that these comments do not stem from some insignificant organization. Sberbank is the largest bank in Russia, and the third largest bank in all of Europe. image via Shutterstock


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...

China: An error Occurred in the System. OKEx Suspended the Withdrawal of Cryptocurrency and Legal Currency Transactions, and Responded That It Was “All Rumors.”

On May 22, OKEx appeared to have a variety of bugs. OKEx then issued a response on the official website and suspended the withdrawal of coins and legal currency transactions. Based on the discussion of users in social media, the main issues are: First, the account showed wrong message. If Party A transfers 10k USDT to Party B, and Party B receives 10k USDT, Party A’s account balance won't decrease. Second, the currency price was wrong. BTC/USDT went down from 8220 to 6002 and then quickly returned to normal level. ETH/USDT went up to 736. OKEx responded and said: "It's all rumors." (Chinese) image via flickr

Global: VC Firm Behind Snapchat Looks to Ramp Up Its Crypto Investments

The venture capital firm behind Snapchat is looking at ways to increase their investments in the crypto industry, tech journal Recode reported May 17. Aaron Batalion, a partner at venture capital firm Lightspeed, is leading an effort to boost the firm’s investment by exploring three methods: setting up a new fund, carving out a portion of an existing fund, or launching an entirely new project, Recode reports, citing “sources”. image via Pixabay

The Person behind the First ICO in the World and the Continuation

Cryptocurrency market includes over than 1,500 cryptocurrencies at this moment, above 250 billion market cap and a few billions of a daily volume. The biggest blockchain is Ethereum, bigger than all the other blockchain combined. Why is that? Because of one simple thing, ICO. Initial Coin Offerings became a hit recently with many ICOs made every single day by people all around the world, some of them are good and most of them are scams. All those ICOs became big and already gathered billions of dollars since the beginning of the year. The biggest ICO so far is Telegram's one who gathered over 1.7 billion dollars so far through two rounds. And more many huge ICOs which keep gathering millions and billions, it became extremely easy and more than ever risky for the young investors who think they know but put their savings into scams and get themselves into...


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.



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.


Japan:Coinbase is Coming to Japan, Welcomes Fintech Leader Nao Kitazawa

As part of our effort to accelerate the global adoption of cryptocurrency, today we’re announcing the launch of Coinbase’s office in Japan. Under the leadership of the highly-respected and admired fintech leader, Nao Kitazawa, our new office will lay the foundation for Japan’s crypto investors to access a range of Coinbase’s products. As in other markets, we plan to take a deliberate approach to our rollout in Japan, which means working hand-in-hand with the Japanese FSA to ensure compliance with local laws at every stage. image via Shutterstock

Venezuela: The Monetary Reconversion Will Tie the Bolivar to Cryptocurrency Petro

Venezuela President Nicolas Maduro said in a televised broadcast on Wednesday, that Venezuela will remove five zeroes from the bolivar currency rather than three zeroes as originally planned, in an effort to keep up with inflation projected to reach 1 million percent this year. What’s more, he said the overhaul would tie the bolivar to the recently launched state-backed crypto-currency “Petro”, without offering details. While crypto-currency experts have said the petro suffers from a lack of credibility because of a lack of confidence in Maduro’s government and the mismanagement of the country’s existing national currency. (Russian) image via Shutterstock

China: Cryptocurrency Traders Find Ways to Get round State Regulators despite Tighter Scrutiny

Industry observers are certain that Chinese investors will always find ways to circumvent increasingly tightening controls over cryptocurrency trading by mainland authorities, making it practically impossible to ever impose a complete shutdown on trading. image via Shutterstock

Global: $500 Million In Tether (USDT) Has Made No Impact On Bitcoin Price

Despite Tether (USDT) printing over half a billion dollars worth of new coinage throughout the month of August, financial news outlet Bloomberg reports the move has had little to no impact upon the crypto markets. image via Shutterstock

Global: Ethereum Classic is coming to Coinbase

New cryptocurrencies get added to crypto-exchanges all the time, but when Coinbase adds one, it's news. Coinbase, the largest U.S.-based cryptocurrency exchange, has only supported four coins so far: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The addition of Ethereum Classic or ETC, announced on Tuesday, will happen "over the next few months," Coinbase told Mashable. image via Shutterstock

US: Google Ends Cryptocurrency Ad Ban

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October. Google's original restrictions, which it announced in March and rolled out in June, were intended to protect consumers and included initial coin offerings (ICOs), wallets and trading advice, which are still not allowed. image via Shutterstock

Japan :Japan‘s Police Agency Claimed that Setting Up a Cryptocurrency “Mining Tool” Privately May Violate the Law

The Japanese Police Agency on June 14 issued a warning that it would violate the law to set up a cryptocurrency "mining tool" route on a private website without the user's knowledge. For this warning, many people think that the police's decision has no legal basis. (Japanese) image via Shutterstock

Russia: Putin Said Russia Should Explore Blockchain to Avoid Finance ‘Limitations’

The Russian government has taken a cautious approach to cryptocurrencies, president Vladimir Putin said during an annual "hotline" on Thursday. Asked if Russia will have its own cryptocurrency one day, Putin said he doesn't see such an outcome as possible because cryptocurrencies "by definition are beyond the national borders." image via Shutterstock


US: Accenture Hardware Patent Seeks to Enhance Blockchain Security and Scalability

Professional services firm Accenture has filed a patent which seeks to enhance the speed and security of transactions on blockchains using patented hardware. Besides accelerating the software processes the technology described in the patent titled ‘Hardware Blockchain Acceleration’ will also improve the security of the applications supporting the transaction chains. image via Flickr

US: IBM Trials Blockchain Platform Aimed at Banks

IBM launched a blockchain platform for financial services on Monday as it continued to bolster its offerings of the much-hyped technology. Blockchain is the technology that underpins the cryptocurrency bitcoin. It's a public ledger of activity on the bitcoin network that is tamper-proof. But banks and other institutions are now looking to apply blockchain to many of their processes, from issuing loans to settling trades. image via Shutterstock

China: HK$157 Research Grant for HKU towards Payment Systems, Blockchain

HKU and three other universities received a research grant of HK$157 million for research into security of electronic payment systems, blockchain technology applications and use of AI. The research also aimed at transforming Hong Kong into a global financial technology hub. image via Shutterstock

South Korea: Mobile Operator Launches Blockchain-based Telecom Network

Korean mobile operator KT unveiled the world's first network based on blockchain technology on July 24, with the point of addressing security and transaction issues by making the current networks more secure and trustworthy. KT has integrated overlaid blockchain nodes into its nationwide established high-speed commercial network. The current KT blockchain network handles 2,500 transactions per second and will reach 100,000 TPS by the end of 2019, KT promised. The company introduced a new technology which enables users to log into this network without password. KT also plans a data roaming service platform based on blockchain technology. (German) image via Shutterstock