Uber’s Largest Shareholder SoftBank Denies Deal With Bitmain, Other Investments Uncertain

Uber’s Largest Shareholder SoftBank Denies Deal With Bitmain, Other Investments Uncertain An official from SoftBank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources. As previously reported, Bitmain had allegedly sealed a pre-Initial Public Offering (IPO) financing deal which had brought its valuation to $15 billion. Both Chinese tech…

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SIX Group Executive Questions Launch of Crypto Trading, Expresses ICO Optimism Instead

SIX Group Executive Questions Launch of Crypto Trading, Expresses ICO Optimism Instead Thomas Zeeb, CEO of securities services at Switzerland’s top stock exchange SIX, revealed that the firm is unlikely to launch crypto trading, Business Insider reported August 17. According to Zeeb, cryptocurrencies are really “not a priority” at the moment, taking into account the fact that there are a number…

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Artist Ai Weiwei Uses Ethereum to Make Art About ‘Value’

Artist Ai Weiwei Uses Ethereum to Make Art About ‘Value’ Chinese artist and activist Ai Weiwei has partnered on a new art project that utilizes a pair of newly-minted ethereum-based tokens. Motherboard reported Friday that Ai – well-known for his criticism of China’s Communist government as well as his art installations and photos – is working…

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IBM Applies for Blockchain Patent to Ensure Transaction Compliance via Nodes Data

IBM Applies for Blockchain Patent to Ensure Transaction Compliance via Nodes Data Tech giant IBM has applied for a blockchain patent for the development of transaction data identifiers based on nodes, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) Aug. 16. The system described in the patent, entitled “Node Characterization in Blockchain,” intends to introduce a…

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Huge Chinese Retailer Launches Open Blockchain Platform

Huge Chinese Retailer Launches Open Blockchain Platform One of China’s largest retailers, JD.com, is launching a blockchain platform. The idea behind the JD Blockchain Open Platform is to allow the company’s enterprise customers to develop their own applications based on the innovative and disruptive technology. JD.com Hopes to Encourage Innovation with New Platform The goal…

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California Judge Orders Accused Hacker to Pay Bail in Crypto

California Judge Orders Accused Hacker to Pay Bail in Crypto A Serbian and Italian national has been ordered to pay bail in cryptocurrency while he faces charges that he hacked the computer network of a San Francisco game company. According to a news release from the United States Attorney’s Office, an FBI investigation found that an individual, later…

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US Border Officials to Test Blockchain for Certificate Tracking

US Border Officials to Test Blockchain for Certificate Tracking U.S. Customs and Border Protection (CBP) plans to trial blockchain technology to verify North American Free Trade Agreement (NAFTA) and Central American Free Trade Agreement (CAFTA) certificates. CBP Division of Business Transformation and Innovation head Vincent Annunziato said the agency was beginning a “live fire testing”…

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