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kucoin-oystershelltoken2-051718.jpg KuCoin, a Singapore-based cryptocurrency exchange, announced on Thursday that it listed Oyster Shell, the new token of Oyster Protocol, a website monetization and distributed storage solution built on the IOTA Tangle and Ethereum blockchain. Oyster Protocol has two utility tokens - Oyster Pearl, or PRL, and Oyster Shell.

deloitte-blockchain-051718.jpg Major organizations see a "compelling business case" for the use of blockchain, according to a new Deloitte LLP survey. It shows that many of these corporations are moving forward with the technology and may take some major steps over the next year.

bitboost2-051718.jpg Swiss firm BitBoost is set to launch a blockchain-based decentralized global marketplace in June. This will be built using Ethereum's smart contracts to enable buyers and sellers to connect directly. "We believe in free trade, and the BitBoost marketplace entirely removes several common barriers and intermediaries in online commerce. Anyone can sign up for an account.

mining-bitcoin2-051718.jpg The crypto frenzy that has taken the world by storm is costing the power resources dearly. The Bitcoin network is consuming around 2.55 gigawatts of energy annually, which is 0.5 per cent of the world's total electricity consumption, a study has found. Interestingly, that's nearly enough to meet the demand for power of a country - Ireland. In the future, the Bitcoin network could be using almost

cambridge-blockchain-051718.jpg Cambridge Blockchain, Inc, an enterprise data management and digital Identity Startup, said it raised $7 million in Series A equity financing, led by HCM Capital, the venture arm of Foxconn Technology Group, the manufacturer of Apple's iPhone. In the investment round, HCM was joined by venture capital firms Partech Ventures and Digital Currency Group.

blockchain-crypto-051618.jpg The heads of two US regulatory agencies have said their agencies had "open-door policies" for those trying to launch token sales. Commodity Futures Trading Commission (CFTC) enforcement director James McDonald and Securities and Exchange Commission (SEC) Enforcement Division Cyber Unit chief Robert Cohen made remarks during a panel discussion at CoinDesk's blockchain conference 'Consensus 2018'

stable-coin2-051618.jpg Stablecoins are cryptocurrencies whose values are pegged to some asset such as a US dollar or gold. Price stability and decentralized nature are the two main features of stablecoins.

icon-line-blockchain-051618.jpg ICON, a project aiming to build a decentralized network for independent blockchains, announced a massive partnership with Japan's LINE Corp. for blockchain development. The South Korean startup ICON and the social platform LINE PLUS launched a joint venture called Unchain to develop various decentralized applications or DApp services and to build synergies to expand the blockchain ecosystem.

htc-051618.jpg Taiwanese company HTC plans to make a new blockchain-powered Android phone, named Exodus. The phone, which might be the world's second blockchain-powered smartphone, will support Bitcoin, Ethereum, and other major cryptocurrencies, reports said. It will have a universal wallet, secure hardware, and decentralised apps.

maximalist2-051518.jpg A Bitcoin maximalist is someone who does not attach much value to altcoins. They believe Bitcoin is the original and only cryptocurrency and other cryptocurrencies are fake. They refuse to accept that there can be cryptocurrencies that are better than Bitcoin, especially in terms of cost and speed.

clovyr-startup-051518.jpg JPMorgan Chase's two former blockchain employees have joined hands to launch a new blockchain start-up called Clovyr. Amber Baldet, the former head of J.P. Morgan's blockchain arm, teamed with Patrick Mylund Nielsen, former lead developer of Quorum, a JPMorgan Chase-built blockchain for business, for the new initiative. Mylund Nielsen will serve as the concern's chief technologist.

bitbond-bitcoin-051418.jpg German online bank Bitbond has launched a global marketplace lending platform for small business loans, that leverages blockchain technology to connect creditworthy borrowers with individual and institutional investors. The Bitbond website says, "Borrow and invest without borders". The platform allows users to transfer loans anywhere in the world using bitcoin and other cryptocurrencies.

cryptolexicon-ath-051418.jpg ATH is short for All Time High. This is the highest price that a cryptocurrency has attained thus far. The price can either climb from ATH to set new highs or drop sharply due to profit-booking by crypto traders.

hsbc-corda-051418.jpg HSBC and ING Bank team successfully conducted the world's first live trade-finance transaction using a blockchain for their mutual client, the American food and agricultural giant Cargill, thus demonstrating the commercial and operation viability of the distributed ledger technology for trade digitization. The banks carried out the transaction on the New York-based start-up R3's Corda blockchain.

bitcoin-candidate-051418.jpg Cryptocurrency expert Brian Forde is running for the U.S. House of Representatives from California's 45th District seat. Its a crowded race for the Democratic Party's nomination to unseat GOP incumbent Rep. Mimi Walters in the Orange County, and Forde hopes to attract crypto investors to his side. He told the Ethereal Summit in Queens Saturday that he is running for office on a platform of bridge

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