Blockchain

Switzerland’s government rejects COVID-19 relief request for crypto valley’s blockchain startups.

Heinz Tännler, Zug's finance director, requested for a CHF100 million ($103 million) relief package for the blockchain industry last month. Tännler argued that local blockchain companies also deserve a stimulus package like other fintech startups, as the coronavirus pandemic...

Facebook renames its crypto wallet Calibra to Novi.

The social media giant Facebook is renaming the digital wallet Calibra that it hopes will one day be used to access the Libra digital currencies to Novi. Facebook, in a blog post, revealed that the new name was inspired by the...

Telegram withdraws its appeal against the ban imposed on TON by the US SEC.

The instant messaging company Telegram has finally given up on its blockchain project, as it surrendered the court battle against the US SEC. Telegram withdrew its appeal against a ban imposed by the US regulator on its TON blockchain...

Australian University RMIT launches postgraduate programs in blockchain.

RMIT, the Australian public research university, announced on May 26 that it was partnering with IBM, Palo Alto Networks, and Stone & Chalk to offer a graduate certificate in cybersecurity and graduate certificate in blockchain-enabled business. The programs are expected to...

New US law may force Chinese blockchain companies to lose access to US capital markets.

The bipartisan bill, known as the Holding Foreign Companies Accountable Act, passed unanimously last week. The bill requires Chinese companies to disclose if they are owned or controlled by a foreign government. The Chinese companies must also submit to...

Bank of Korea reports on how central banks around the world are approaching CBDC.

According to a report published by the Bank of Korea, central banks are increasingly considering launching digital currencies, as advances in blockchain and payment technology make it increasingly more feasible. The report builds on the bank's research into central...

The value of bitcoin transactions on darknet increased by 65% in Q1 2020.

According to research by a blockchain analytics firm, bitcoin transactions on darknet markets jumped 65% in value during the first quarter to $411 million. The amount of bitcoins sent from darknet vendors to mixers also grew rapidly as exchanges...

Swiss-based Libra Association appoints Robert Werner as the General Counsel.

The Swiss-based crypto project, Libra Association, announced on Tuesday that it had appointed Robert Werner as its General Counsel, to help guide the company as it tries to get regulators onboard for its stablecoin Libra. Robert Werner has vast...

Square subsidiary Cash App allows users to make automatic purchases of bitcoin.

A mobile subsidiary of Jack Dorsey's payments company Square, Cash App, now lets users make automatic recurring purchases of bitcoin. Twitter and Square CEO tweeted that users can now make automatic recurring purchases of bitcoin on the Cash App....

Swiss crypto exchange invites developers to propose blockchain-based solutions to fight the economic impact of COVID 19.

Switzerland-based crypto exchange Lykke announced on Tuesday that it would be offering four prizes totaling 200,000 Swiss Francs $205,800 as part of the Open Initiative. The crypto exchange, with its initiative, is looking for tech proposals from developer teams for...

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Bitcoin’s rapid burst past $9,200 | Technical indicators indicate BTC likely to come down

Bitcoin, in an abrupt burst of momentum, crossed the $9,200 mark today. As soon as BTCUSD surpassed the resistance...