Author: nbelov

KIP is known for its investments in high-ranking firms, including Naver and Kakao. South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search…

The EEA and Hyperledger will seek more active cooperation to advance the enterprise blockchain sphere. The Enterprise Ethereum Alliance (EEA) and Hyperledger announced October 1 they would join each other’s organizations as “Associate Members” in order to support enterprise blockchain adoption. The EEA, an enterprise blockchain organization created in March 2017 by Santander, JPMorgan, and…

Huobi has denied it “colluded” with EOS for financial gain, saying an initial investigation produced no evidence. Chinese cryptocurrency exchange Huobi has responded to accusations it has “colluded” with EOS on “mutual voting” practices, Tuesday, October 2. In a brief statement, the exchange said an investigation into the allegations which Cointelegraph reported on October 1…

UK finance minister Philip Hammond has said that the integration of blockchain could solve the issue of the Irish border upon Brexit. British finance minister Philip Hammond has said that the issue of trade across the Irish border after Great Britain leaves the European Union (EU) might be solved by deploying blockchain technology, The Irish…

According to a report by business magazine WirtschaftsWoche, investors in German ICOs have lost up to 90 percent of their capital. Investors in German ICOs have lost up to 90 percent of their capital, Cointelegraph auf Deutsch reports Monday, October 1. German business magazine WirtschaftsWoche compared the token issue prices of Initial Coin Offerings (ICO)…

Crypto exchange ShapeShift has refuted WSJ reports of it being used to launder $9 million. Cryptocurrency exchange ShapeShift has refuted a recent Wall Street Journal report that $9 million in ill-gotten funds went through the exchange, according to an announcement published October 1. On September 28, WSJ released an article dubbed “How Dirty Money Disappears…

EOS acknowledges accusations of voting manipulation and pay-offs after claims that main EOS nodes are participating in “mutual voting.” Block.one, the developer of blockchain protocol EOS, has published a statement on EOS public blockchain governance in an official Medium post October 1, signed by Block.one’s CEO, Brendan Blumer. In the statement, Blumer states that the…

Former U.S. President Bill Clinton delivered the keynote speech at Ripple Swell, addressing blockchain and cryptocurrency issues. Former U.S. President Bill Clinton said that the “permutations and possibilities of blockchain technology are staggeringly great,” at Ripple’s annual Swell conference in San Francisco on October 1. Following a keynote address at the event, Clinton spoke with…

Ripple’s cross-border transactions product xRapid is now available for commercial use. Ripple’s real-time settlement platform xRapid is now commercially available, according to an announcement published October 1. xRapid is a platform designed to speed up international payments, while eliminating the need for a pre-funded nostro account. The product purportedly sources liquidity from digital currency XRP…

A Chinese magazine has made the rare decision to promote Bitcoin payments by accepting the currency for subscriptions. Beijing Sci-Tech Report (BSTR), China’s oldest media publication covering the tech industry, has announced it will offer subscriptions payable with Bitcoin (BTC), local media outlet Guangming reported Sunday, September 30. An evidently rare occurrence from China, were…