Blockchain News


CaliforniaStateAssemby-Blockchain-022318.jpg A bill to amend California's electronic records law, aimed at recognizing blockchain transactions, digital signatures, and smart contracts as legal forms of record, has been introduced in the State Assembly. Assembly Bill 2658, titled "Electronic records: the Uniform Electronic Transactions Act: blockchain technology," was introduced by Majority Leader Ian Calderon.

Tezos-022318.jpg The Zug, Swtizerland-based Tezos Foundation, which raised over $232 million in a crowdfunding initiative in July to develop a cryptocurrency and blockchain network, has reorganized its board which it hopes, would help in the launch of its Tezos network and tezos coins.

Nasscom-BRI-022218.jpg India's National Association of Software and Services Companies (Nasscom) and Canada's Blockchain Research Institute (BRI) signed a deal to "help foster blockchain innovation in India. The MoU was signed on the sidelines of the Nasscom India Leadership Forum and World Congress on Information Technology 2018 by Nasscom Chairman Raman Roy and BRI Co-Founder and Executive Don Tapscott.

Japan-cryptocases-022218.jpg Japan's National Police Agency reported 669 cases of suspected money laundering using cryptocurrency from virtual currency exchanges, the Nikkei Asian Review reported. While the agency did not reveal the reason why exchange operators reported the suspected cases, it is likely that questionable transactions repeated frequently in a short period of time prompted them to take action, the report said.

AUS-RMIT-BlockchainCourse-022218.jpg RMIT, an Australia-based university, has launched the country's first course on blockchain that would help understand the technology's fundamentals and impact. The online short-term course, "Developing Blockchain Strategy," would teach the foundations of blockchain, the technology behind cryptocurrencies. The course also includes working with leading industry experts.

dailycryptos-022118.jpg South Korea's relaxed stance on cryptocurrencies boosted the sentiment in the market and pushed prices higher. In Japan, there was another mishap at a cryptocurrency exchange that was under the scanner after the Coincheck hack. Venezuela kick-started the sale of its cryptocurrency. And Elon Musk's Tesla fell victim to a "cryptojacking" attack.

Zaif-crypto-Yen-022108.jpg A Japanese cryptocurrency exchange, which is being probed by regulators over security concerns, said it allowed trades for zero yen or free, due to a glitch in its price calculating system. Zaif, a cryptocurrency exchange run by the Osaka-based Tech Bureau Corp, is among the 16 registered exchanges with the Financial Services Authority.

WyomingHouseBlockchain-Bill-022118.jpg Two blockchain-related bills, including Open Blockchain Tokens Exemptions Bill, were unanimously passed by the Wyoming House of Representatives, which would give cryptocurrencies some legality in the state. Three more bills related to blockchain are being considered by the legislature to be voted on soon.

Telegram-ICO-SEC-022018.jpg Encrypted messaging app Telegram Group Inc. raised $850 million mainly to develop TON Blockchain, according to a filing with the US Securities and Exchange Commission. The initial raising is said to be the pre-sale stage of its planned $2 billion initial coin offering or ICO for its proposed Telegram Open Network or TON project.

MarkCarney-Bitcoin-022018.jpg Bank of England Governor Mark Carney said bitcoin has pretty much failed as currency as its value is unstable and it cannot be a useful way to buy things. "It has pretty much failed thus far on ... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange," he told students at Regent's University in London.

Robert-Herjavec-bitcoin-021918.jpg Shark Tank Star Robert Herjavec expects the price of bitcoin, the leading cryptocurrency, would eclipse $19,000 in 2018, and that it is here to stay in the long term, according to The Street. About the future of Blockchain, he said that it shows a lot of promise because of its inherent security of a transaction.

UnionBank-blockchain-021618.jpg Four rural banks in the Philippines partnered with UnionBank for blockchain technology, with an intention to improve their payment process efficiency, the Philippine News Agency reported. UnionBank will assist rural banks to co-create a blockchain platform. The blockchain platform will help rural banks to make cross-border payments in real time and at a cheaper cost.

Epazz-blockchain-021518.jpg Epazz Inc., a tech company that makes blockchain cryptocurrency mobile apps and cloud-based business software solutions, Thursday said its patent-pending Blockchain Smart Legal Contracts Technology will be called Cordtell. The company claims that Cordtell reduces fraud in business transactional contracts,...

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